SECTION 1. APPOINTMENT OF INSPECTOR GENERAL OF CERTAIN FEDERAL AGENCIES 
              BY THE PRESIDENT.

    (a) In General.--Section 11 of the Inspector General Act of 1978 (5 
U.S.C. App.) is amended--
            (1) in paragraph (1), by inserting after ``the Social 
        Security Administration;'' the following: ``the person or 
        persons designated by statute as the head of, or, if no such 
        designation exists, the chief policymaking officer or board of, 
        Amtrak, the Appalachian Regional Commission, the Board of 
        Governors of the Federal Reserve System, the Board for 
        International Broadcasting, the Commodity Futures Trading 
        Commission, the Consumer Product Safety Commission, the 
        Corporation for Public Broadcasting, the Equal Employment 
        Opportunity Commission, the Farm Credit Administration, the 
        Federal Communications Commission, the Federal Deposit 
        Insurance Corporation, the Federal Election Commission, the 
        Federal Housing Finance Board, the Federal Labor Relations 
        Authority, the Federal Maritime Commission, the Federal Trade 
        Commission, the Legal Services Corporation, the National 
        Archives and Records Administration, the National Credit Union 
        Administration, the National Endowment for the Arts, the 
        National Endowment for the Humanities, the National Labor 
        Relations Board, the National Science Foundation, the Panama 
        Canal Commission, the Peace Corps, the Pension Benefit Guaranty 
        Corporation, the Securities and Exchange Commission, the 
        Smithsonian Institution, the Tennessee Valley Authority, the 
        United States International Trade Commission, and the United 
        States Postal Service; or, with respect to the National Science 
        Foundation, the National Science Board;''; and
            (2) in paragraph (2), by inserting after ``the Social 
        Security Administration;'' ``Amtrak, the Appalachian Regional 
        Commission, the Board of Governors of the Federal Reserve 
        System, the Board for International Broadcasting, the Commodity 
        Futures Trading Commission, the Consumer Product Safety 
        Commission, the Corporation for Public Broadcasting, the Equal 
        Employment Opportunity Commission, the Farm Credit 
        Administration, the Federal Communications Commission, the 
        Federal Deposit Insurance Corporation, the Federal Election 
        Commission, the Federal Housing Finance Board, the Federal 
        Labor Relations Authority, the Federal Maritime Commission, the 
        Federal Trade Commission, the Legal Services Corporation, the 
        National Archives and Records Administration, the National 
        Credit Union Administration, the National Endowment for the 
        Arts, the National Endowment for the Humanities, the National 
        Labor Relations Board, the National Science Foundation, the 
        Panama Canal Commission, the Peace Corps, the Pension Benefit 
        Guaranty Corporation, the Securities and Exchange Commission, 
        the Smithsonian Institution, the Tennessee Valley Authority, 
        the United States International Trade Commission, or the United 
        States Postal Service''.

SEC. 2. TECHNICAL AND CONFORMING AMENDMENTS.

    (a) Inspector General Act of 1978.--
            (1) Section 4(b)(2) of the Inspector General Act of 1978 (5 
        U.S.C. App.) is amended--
                    (A) by striking ``, Offices of Inspector General of 
                designated Federal entities defined under section 
                8F(a)(2),'';
                    (B) by striking ``, or the Office of Inspector 
                General of each designated Federal entity defined under 
                section 8F(a)(2)''; and
                    (C) by striking ``8F(a)(1)'' and inserting 
                ``8G(a)(1)''.
            (2) Section 8G of such Act (5 U.S.C. App.), relating to 
        requirements for Federal entities and designated Federal 
        entities, is amended--
                    (A) in the section heading, by striking ``and 
                designated federal entities'' and inserting ``and 
                certain establishments'';
                    (B) by striking subsections (a)(1)(B), (a)(2), 
                (a)(4), (a)(5), (a)(6), (b), (c), (d), (e), (g)(1), and 
                (g)(2);
                    (C) in subsection (g)(3)--
                            (i) by striking ``Notwithstanding the last 
                        sentence of subsection (d) of this section, 
                        the'' and inserting ``The''; and
                            (ii) by striking ``8C'' and inserting 
                        ``8D'';
                    (D) in subsection (h)(1), by striking ``and 
                designated Federal entities'';
                    (E) by redesignating subsections (a)(1)(C), 
                (a)(1)(D), (a)(1)(E), (a)(1)(F), (a)(3), (f), (g)(3), 
                and (h) as subsections (a)(1)(B), (a)(1)(C), (a)(1)(D), 
                (a)(1)(E), (a)(2), (b), (c), and (d), respectively;
                    (F) in subsection (a)(1)(E), as so redesignated by 
                subparagraph (F) of this paragraph, by adding ``and'' 
                at the end; and
                    (G) in subsection (a)(2), as so redesignated by 
                subparagraph (F) of this paragraph, by striking 
                ``(h)(1)'' and inserting ``(d)(1)''.
            (3) Section 8I of such Act (5 U.S.C. App.), relating to 
        rule of construction of special provisions, is amended by 
        striking ``or with respect to a designated Federal entity as 
        defined under section 8F(a)''.
    (b) Energy Policy Act of 1992.--Section 160(a) of the Energy Policy 
Act of 1992 (42 U.S.C. 8262f(a)) is amended by striking ``8E(f)(1)'' 
and inserting ``8G(b)(1)''.

SEC. 3. CONTINUATION OF SERVICE OF INSPECTORS GENERAL OF FORMER 
              DESIGNATED FEDERAL ENTITIES.

    An individual serving immediately before the enactment of this Act 
as the Inspector General of a designated Federal entity (as defined in 
section 8G(a)(2) of the Inspector General Act of 1978, as in effect 
immediately before such enactment), that section 1 of this Act makes an 
establishment under the Inspector General Act of 1978, may serve as the 
Inspector General of the establishment, and may perform the functions 
of and exercise the authorities of the Inspector General of the 
establishment, until the appointment of the Inspector General of the 
establishment in accordance with the Inspector General Act of 1978.
Amends the Inspector General Act of 1978 to provide for the appointment of Inspectors General of specified Federal agencies by the President.
To amend the Inspector General Act of 1978 to provide for the appointment of the Inspector General of certain Federal agencies by the President of the United States.