I 
112TH CONGRESS 
1ST SESSION 
H. R. 408 
To reduce Federal spending by $2.5 trillion through fiscal year 2021. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 24, 2011 
Mr. JORDAN (for himself, Mr. GARRETT, Mr. FLORES, Mr. LAMBORN, Mrs. 
BACHMANN, Mr. SCOTT
of South Carolina, Mr. CHAFFETZ, Mr. 
LANKFORD, Mr. MACK, Mr. FLEMING, Mr. ROSS of Florida, Mr. CAMP-
BELL, Mrs. BLACK, Mr. MCCLINTOCK, Mr. AKIN, Mr. MULVANEY, Mr. 
FRANKS of Arizona, Mr. BARTON of Texas, Mr. ROE of Tennessee, Mr. 
MARCHANT, Mr. FLAKE, Mr. GINGREY of Georgia, Mr. HUELSKAMP, Mr. 
WALSH of Illinois, and Mr. COFFMAN of Colorado) introduced the fol-
lowing bill; which was referred to the Committee on Oversight and Gov-
ernment Reform, and in addition to the Committees on Natural Re-
sources, Transportation and Infrastructure, the Budget, Rules, Appro-
priations, Agriculture, House Administration, Education and the Work-
force, Energy and Commerce, Ways and Means, Financial Services, the 
Judiciary, and Science, Space, and Technology, for a period to be subse-
quently determined by the Speaker, in each case for consideration of such 
provisions as fall within the jurisdiction of the committee concerned 
A BILL 
To reduce Federal spending by $2.5 trillion through fiscal 
year 2021. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Spending Reduction Act of 2011’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
TITLE I—SPENDING REDUCTIONS UNDER CONTINUING 
APPROPRIATIONS ACT, 2011 
Sec. 101. Reduction of nonsecurity discretionary spending to fiscal year 2008 
level. 
TITLE II—CHANGES IN THE BASELINE; DISCRETIONARY 
SPENDING LIMITS FOR NONDEFENSE SPENDING 
Subtitle A—Elimination of Automatic Increases for Inflation 
Sec. 201. Changes in the baseline. 
Sec. 202. Extension. 
Subtitle B—Discretionary Spending Limits for Nondefense Spending 
Sec. 211. Extension of discretionary spending limits for nondefense spending. 
Sec. 212. Enforcement. 
Sec. 213. Reports. 
Sec. 214. Expiration. 
TITLE III—RESCISSION OF UNOBLIGATED STIMULUS FUNDS AND 
REPEAL OF CERTAIN STIMULUS PROVISIONS 
Sec. 301. Rescission of unobligated stimulus funds. 
Sec. 302. Repeal of certain stimulus provisions. 
TITLE IV—PROVISIONS RELATING TO FEDERAL CIVILIAN 
WORKFORCE 
Sec. 401. Extension of Federal employee pay freeze. 
Sec. 402. Limitation on the number of civilian employees in the executive 
branch. 
Sec. 403. Ineligibility of persons having seriously delinquent tax debts for Fed-
eral employment. 
Sec. 404. Repeal of certain provisions relating to official time for Federal em-
ployees. 
TITLE V—PROGRAM ELIMINATIONS AND RELATED PROVISIONS 
Subtitle A—Provisions Relating to Program Eliminations 
Sec. 501. Program eliminations. 
Sec. 502. Repeal of national organic certification cost-share program. 
Sec. 503. Prohibiting unauthorized payments to District of Columbia. 
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Sec. 504. Prohibiting payment of gratuities to survivors of Members of Con-
gress. 
Sec. 505. Davis-Bacon Repeal Act. 
Sec. 506. Priorities in Education Spending Act. 
Sec. 507. Repeal of temporary increase of Medicaid FMAP. 
Sec. 508. Moratorium on construction or leasing of new Federal buildings in 
District of Columbia until January 2013. 
Subtitle B—Elimination of Presidential Election Campaign Fund 
Sec. 511. Termination of taxpayer financing of Presidential election campaigns. 
Subtitle C—Repeal of Sugar Price Support and Other Programs 
Sec. 521. Repeal of sugar price support program and marketing allotments for 
sugar. 
Sec. 522. Repeal of market access program. 
Sec. 523. Termination of availability of marketing assistance loans and loan de-
ficiency payments for mohair producers. 
Subtitle D—Federal Real Property Disposal Pilot Program 
Sec. 531. Federal Real Property Disposal Pilot Program. 
TITLE VI—FANNIE MAE AND FREDDIE MAC 
Sec. 601. Short title. 
Sec. 602. Definitions. 
Sec. 603. Termination of current conservatorship. 
Sec. 604. Limitation of enterprise authority upon emergence from conservator-
ship. 
Sec. 605. Required wind down of operations and dissolution of enterprise. 
TITLE VII—MISCELLANEOUS 
Sec. 701. Limitation on Government printing costs. 
Sec. 702. Deposit of IRS user fees as general receipts. 
Sec. 703. Limitation of Government travel costs. 
Sec. 704. Reduction in Federal vehicle costs. 
Sec. 705. Repeals of prohibitions on public-private competitions for conversion 
to contractor performance of functions performed by Federal 
employees pursuant to Office of Management and Budget Cir-
cular A–76. 
Sec. 706. Deauthorization of appropriations to carry out PPACA and HCERA. 
Sec. 707. Rescission of Health Insurance Reform Implementation funds. 
Sec. 708. Taxpayer-generated deficit reduction. 
Sec. 709. Limitation on funds to implement certain health care laws. 
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TITLE 
I—SPENDING 
REDUC-
TIONS UNDER CONTINUING 
APPROPRIATIONS ACT, 2011 
SEC. 101. REDUCTION OF NONSECURITY DISCRETIONARY 
SPENDING TO FISCAL YEAR 2008 LEVEL. 
(a) IN GENERAL.—Section 101 of the Continuing 
Appropriations Act, 2011 (Public Law 111–242) is 
amended by adding at the end the following: 
‘‘(b)(1) Such amounts as may be necessary, at a rate 
for operations as provided in the appropriations Acts for 
fiscal year 2008 referred to in section 101 of division A 
of Public Law 110–329 and under the authority and con-
ditions provided in such Acts for projects or activities (in-
cluding the costs of direct loans and loan guarantees) that 
are not otherwise provided for, that were conducted in fis-
cal years 2008 and 2010, and for which appropriations, 
funds, or other authority were made available in such 
Acts. 
‘‘(2) If the amount provided for a project or activity 
by paragraph (1) would be higher than the amount pro-
vided in appropriations Acts for fiscal year 2010, such 
project or activity shall be funded at the lower such 
amount.’’. 
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(b) CONTINUATION OF SECURITY-RELATED DISCRE-
TIONARY SPENDING.—Section 101 of such Act is further 
amended— 
(1) by inserting ‘‘(a)’’ after the section designa-
tion; 
(2) in subsection (a), as so amended, by strik-
ing paragraphs (1), (3), (5), (6), (7), (9), and (10); 
(3) in subsection (a), as so amended, by redes-
ignating paragraphs (2), (4), and (8) as paragraphs 
(1), (2), and (3), respectively; and 
(4) by adding at the end of subsection (a), as 
amended by paragraphs (1), (2), and (3), the fol-
lowing: 
‘‘(4) Division E of the Consolidated Appropria-
tions Act, 2010 (Public Law 111–117).’’. 
(c) CONFORMING AMENDMENTS.—Section 114(2) of 
such Act is amended— 
(1) by striking ‘‘(8)’’ and inserting ‘‘(3)’’; and 
(2) by inserting ‘‘(a)’’ after ‘‘section 101’’. 
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TITLE 
II—CHANGES 
IN 
THE 
BASELINE; 
DISCRETIONARY 
SPENDING LIMITS FOR NON-
DEFENSE SPENDING 
Subtitle A—Elimination of 
Automatic Increases for Inflation 
SEC. 201. CHANGES IN THE BASELINE. 
Section 257(c) of the Balanced Budget and Emer-
gency Deficit Control Act of 1985 is amended— 
(1) in the second sentence of paragraph (1), by 
striking everything that follows ‘‘current year,’’ and 
inserting ‘‘excluding resources designated as an 
emergency requirement and any resources provided 
in supplemental appropriation laws.’’; 
(2) by striking paragraphs (2), (3), (4), and 
(5); 
(3) by redesignating paragraph (6) as para-
graph (2); and 
(4) by inserting after paragraph (2) the fol-
lowing new paragraph: 
‘‘(3) NO
ADJUSTMENT
FOR
INFLATION.—No 
adjustment shall be made for inflation or for any 
other factor.’’. 
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SEC. 202. EXTENSION. 
The second sentence of section 275(b) of the Bal-
anced Budget and Emergency Deficit Control Act of 1985 
is amended by inserting ‘‘other than subsections (a) 
through (d) of section 257’’ after ‘‘title’’. 
Subtitle B—Discretionary Spend-
ing 
Limits 
for 
Nondefense 
Spending 
SEC. 211. EXTENSION OF DISCRETIONARY SPENDING LIM-
ITS FOR NONDEFENSE SPENDING. 
(a) IN GENERAL.—Section 251(c) of the Balanced 
Budget and Emergency Deficit Control Act of 1985 is 
amended to read as follows: 
‘‘(c) DISCRETIONARY SPENDING LIMIT.—As used in 
this part, the term ‘discretionary spending limit’ means— 
‘‘(1) for fiscal year 2011 for the nondefense 
category $457,000,000,000 in new budget authority; 
and 
‘‘(2) for each of fiscal years 2012 through 2021 
for 
the 
nondefense 
discretionary 
category 
$409,000,000,000 in new budget authority.’’. 
(b) DEFINITIONS.—Section 250(c)(4) of the Bal-
anced Budget and Emergency Deficit Control Act of 1985 
is amended in subparagraph (C) by inserting ‘‘(and suc-
cessor accounts)’’ after ‘‘budget accounts’’. 
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SEC. 212. ENFORCEMENT. 
(a) DISCRETIONARY SPENDING LIMIT POINT
OF 
ORDER.—Section 312 of the Congressional Budget Act of 
1974 is amended by adding at the end the following new 
subsection: 
‘‘(g) DISCRETIONARY SPENDING LIMIT POINT OF 
ORDER.—It shall not be in order in the House of Rep-
resentatives or the Senate to consider any bill, joint resolu-
tion, amendment, or conference report that— 
‘‘(1) increases the discretionary spending limits 
for any ensuing fiscal year after the budget year; or 
‘‘(2) would cause the discretionary spending 
limits for the budget year to be breached.’’. 
(b) POINT OF ORDER AGAINST BUDGET RESOLU-
TION THAT BREACHES LIMITS.—It shall not be in order 
in the House of Representatives or the Senate to consider 
any concurrent resolution on the budget that would cause 
the discretionary spending limits for the budget year to 
be breached. 
(c) ADVANCE APPROPRIATION POINT OF ORDER.— 
Section 312 of the Congressional Budget Act of 1974 (as 
amended by this section) is further amended by adding 
at the end the following new subsection: 
‘‘(i) ADVANCE APPROPRIATION POINT OF ORDER.— 
It shall not be in order in the House of Representatives 
or the Senate to consider any appropriation bill or joint 
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resolution, or amendment thereto or conference report 
thereon, that provides advance discretionary new budget 
authority that first becomes available for any fiscal year 
after the budget year at an amount for any program, 
project, or activity above the amount of appropriations for 
fiscal year 2007 for such program, project, or activity.’’. 
SEC. 213. REPORTS. 
Subsections (c)(2) and (f)(2)(A) of section 254 of the 
Balanced Budget and Emergency Deficit Control Act of 
1985 are amended by striking ‘‘2002’’ and inserting 
‘‘2021’’. 
SEC. 214. EXPIRATION. 
Section 275(b) of the Balanced Budget and Emer-
gency Deficit Control Act of 1985 is amended by striking 
‘‘2002’’ and inserting ‘‘2021’’. 
TITLE III—RESCISSION OF UN-
OBLIGATED STIMULUS FUNDS 
AND 
REPEAL 
OF 
CERTAIN 
STIMULUS PROVISIONS 
SEC. 301. RESCISSION OF UNOBLIGATED STIMULUS FUNDS. 
Effective on the date of the enactment of this Act, 
there are rescinded all unobligated balances of the discre-
tionary appropriations made available by division A of the 
American Recovery and Reinvestment Act of 2009 (Public 
Law 111–5). 
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SEC. 302. REPEAL OF CERTAIN STIMULUS PROVISIONS. 
Effective on the date of the enactment of this Act, 
subtitles B and C of title II and titles III through VII 
of division B of the American Recovery and Reinvestment 
Act of 2009 (Public Law 111–5) are repealed, and the 
provisions of law amended or repealed by such provisions 
of division B are restored or revived as if such provisions 
of division B had not been enacted. 
TITLE IV—PROVISIONS RELAT-
ING TO FEDERAL CIVILIAN 
WORKFORCE 
SEC. 401. EXTENSION OF FEDERAL EMPLOYEE PAY FREEZE. 
Section 147 of the Continuing Appropriations Act, 
2011 (Public Law 111–242) is amended— 
(1) in subsection (b)(1), by striking ‘‘2012’’ 
and inserting ‘‘2015’’; and 
(2) in subsection (c), by striking ‘‘2012’’ and 
inserting ‘‘2015’’. 
SEC. 402. LIMITATION ON THE NUMBER OF CIVILIAN EM-
PLOYEES IN THE EXECUTIVE BRANCH. 
(a) LIMITATION.—Except as otherwise provided in 
this section— 
(1) no person shall be appointed as a full-time 
civilian employee to a permanent position in the ex-
ecutive branch during any month when the number 
of such employees is greater than the number equal 
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to 85 percent of the number of such employees on 
September 30, 2010; and 
(2) the number of temporary and part-time em-
ployees in any agency in the executive branch during 
any month shall not be greater than the number of 
such employees during the corresponding month in 
fiscal year 2010. 
(b) PROVISIONS RELATING TO LIMITATION UNDER 
SUBSECTION (a)(1).— 
(1) IN GENERAL.—During any period when ap-
pointments are otherwise prohibited under sub-
section (a)(1), an appointing authority may, except 
as otherwise provided in this subsection, appoint 
persons as full-time civilian employees in permanent 
positions in an agency so long as the total number 
of persons appointed as full-time civilian employees 
in permanent positions in such agency (and attrib-
utable to such period) does not exceed the number 
equal to 50 percent of the number of vacancies in 
such positions which have occurred during such pe-
riod by reason of resignation, retirement, removal, or 
death. 
(2) SMALL AGENCIES.—For purposes of para-
graph (1), all agencies which, on the first day of any 
period when appointments are otherwise prohibited 
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under subsection (a)(1), have 50 or fewer full-time 
civilian employees in permanent positions shall be 
treated as one agency, and the Director of the Office 
of Management and Budget (hereinafter in this sec-
tion referred to as the ‘‘Director’’) shall determine 
the vacancies in each such agency which may be 
filled by reason of paragraph (1). 
(3) REASSIGNMENTS.—For purposes of para-
graph (1), the Director may reassign vacancies from 
one agency to another agency when such reassign-
ment is, in the opinion of the Director, necessary or 
appropriate because of the creation of a new agency, 
because of a change in functions, or for the more ef-
ficient operation of the Government. 
(4) TRANSFERS.—If a full-time civilian em-
ployee in a permanent position is transferred from 
one agency to another agency— 
(A) such transfer shall be taken into ac-
count under paragraph (1) as an appointment 
by the head of the agency to which such em-
ployee transfers; and 
(B) subsection (a)(1) shall not apply to an 
appointment to the vacancy in the agency from 
which such employee transferred and such va-
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cancy shall not be taken into account under 
paragraph (1). 
(5) EXCLUSION.—Subsection (a)(1) shall not 
affect appointments to positions within the United 
States Postal Service or the Postal Regulatory Com-
mission, and no employee of the United States Post-
al Service or the Postal Regulatory Commission shall 
be taken into account for purposes of any deter-
mination under subsection (a)(1) of the number of 
full-time civilian employees in permanent positions in 
the executive branch at any time. 
(c) PROVISIONS RELATING TO LIMITATION UNDER 
SUBSECTION (a)(2).—For purposes of subsection (a)(2), 
the Director may reassign authorized temporary and part- 
time employment from one agency to another agency when 
such reassignment is, in the opinion of the Director, nec-
essary or appropriate because of the creation of a new 
agency, because of a change in function, or for the more 
efficient operation of the Government. 
(d) TREATMENT OF CERTAIN EMPLOYEES; AGENCY 
DEFINED.—For purposes of this section— 
(1) there shall not be taken into account— 
(A) any position filled by appointment by 
the President by and with the advice and con-
sent of the Senate, other than for purposes of 
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determining under subsection (a)(1) the number 
of full-time civilian employees in permanent po-
sitions in the executive branch at any time; or 
(B) casual employees or employees serving 
without compensation; and 
(2) the term ‘‘agency’’ or ‘‘agency in the execu-
tive branch’’ means an Executive department, a 
Government corporation, and an independent estab-
lishment (as those terms are defined in chapter 1 of 
title 5, United States Code), but does not include 
the Government Accountability Office. 
(e) DISPOSITION OF SAVINGS.—The Director shall 
maintain a continuous study of all appropriations and con-
tract authorizations in relation to personnel employed and 
shall reserve from expenditure the savings in salaries and 
wages resulting from the operation of this section, and any 
savings in other categories of expense which the Director 
determines will result from such operation. 
(f) INFORMATION.—Agencies in the executive branch 
shall submit to the Director such information as may be 
necessary to enable the Director to carry out the functions 
of the Director under this section. 
(g) REPORTS.—The Director shall submit to each 
House of Congress, at the end of each calendar quarter, 
a report on the operation of this section. 
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(h) REEMPLOYMENT RIGHTS NOT AFFECTED.— 
Nothing in this section shall supersede or modify the re-
employment rights of any person under chapter 43 of title 
38, United States Code, or any other provision of law con-
ferring reemployment rights upon persons who have per-
formed service in the uniformed services. 
(i) REGULATIONS.—The Director shall prescribe any 
regulations necessary to carry out the purposes of this sec-
tion. 
(j) EFFECTIVE DATE.—This section (other than sub-
section (i)) shall take effect on the first day of the first 
month which begins after the date of the enactment of 
this Act. 
SEC. 403. INELIGIBILITY OF PERSONS HAVING SERIOUSLY 
DELINQUENT TAX DEBTS FOR FEDERAL EM-
PLOYMENT. 
(a) IN GENERAL.—Chapter 73 of title 5, United 
States Code, is amended by adding at the end the fol-
lowing: 
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‘‘SUBCHAPTER VIII—INELIGIBILITY OF PER-
SONS HAVING SERIOUSLY DELINQUENT 
TAX DEBTS FOR FEDERAL EMPLOYMENT 
‘‘§ 7381. Ineligibility of persons having seriously de-
linquent tax debts for Federal employ-
ment 
‘‘(a) DEFINITION.—For purposes of this section— 
‘‘(1) the term ‘seriously delinquent tax debt’ 
means an outstanding debt under the Internal Rev-
enue Code of 1986 for which a notice of lien has 
been filed in public records pursuant to section 6323 
of such Code, except that such term does not in-
clude— 
‘‘(A) a debt that is being paid in a timely 
manner pursuant to an agreement under sec-
tion 6159 or section 7122 of such Code; and 
‘‘(B) a debt with respect to which a collec-
tion due process hearing under section 6330 of 
such Code, or relief under subsection (a), (b), 
or (f) of section 6015 of such Code, is re-
quested or pending; and 
‘‘(2) the term ‘Federal employee’ means— 
‘‘(A) an employee, as defined by section 
2105; and 
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‘‘(B) an employee of the United States 
Postal Service or of the Postal Regulatory Com-
mission. 
‘‘(b) INELIGIBILITY FOR FEDERAL EMPLOYMENT.— 
An individual who has a seriously delinquent tax debt shall 
be ineligible to be appointed, or to continue serving, as 
a Federal employee. 
‘‘(c) EXCEPTION FOR NATIONAL SECURITY, ETC.— 
Nothing in subsection (b) shall— 
‘‘(1) apply in the case of any individual whose 
services are required for reasons of national security, 
as determined by the President in writing; or 
‘‘(2) prevent the continued service of any officer 
whose appointment is required to be made by the 
President, by and with the advice and consent of the 
Senate. 
‘‘(d) REGULATIONS.—The Office of Personnel Man-
agement shall, for purposes of carrying out this section 
with respect to the executive branch, prescribe any regula-
tions which the Office considers necessary.’’. 
(b) CLERICAL AMENDMENT.—The analysis for chap-
ter 73 of title 5, United States Code, is amended by add-
ing at the end the following: 
‘‘SUBCHAPTER VIII—INELIGIBILITY OF PERSONS HAVING SERIOUSLY 
DELINQUENT TAX DEBTS FOR FEDERAL EMPLOYMENT 
‘‘7381. Ineligibility of persons having seriously delinquent tax debts for Federal 
employment.’’. 
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SEC. 404. REPEAL OF CERTAIN PROVISIONS RELATING TO 
OFFICIAL TIME FOR FEDERAL EMPLOYEES. 
Subsections (a) and (c) of section 7131 of title 5, 
United States Code, are repealed. 
TITLE 
V—PROGRAM 
ELIMI-
NATIONS AND RELATED PRO-
VISIONS 
Subtitle A—Provisions Relating to 
Program Eliminations 
SEC. 501. PROGRAM ELIMINATIONS. 
(a) IN GENERAL.—No funds appropriated or other-
wise available to any Federal department or agency may 
be obligated or expended for any program or other purpose 
described in subsection (b). 
(b) PROGRAMS
AND PURPOSES DESCRIBED.—The 
programs and purposes described in this subsection are 
as follows: 
(1) The Legal Services Corporation. 
(2) The Save America’s Treasures program. 
(3) The National Heritage Areas program. 
(4) The National Endowment for the Arts. 
(5) The National Endowment for the Human-
ities. 
(6) Subpart 3 of part D of title II of the Ele-
mentary and Secondary Education Act of 1965 (20 
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U.S.C. 6775) (relating to the Ready-to-Learn Tele-
vision program). 
(7) Subpart 12 of part D of title V of the Ele-
mentary and Secondary Education Act of 1965 (20 
U.S.C. 7265 et seq.) (relating to educational, cul-
tural, apprenticeship, and exchange programs for 
Alaska Natives, Native Hawaiians, and their histor-
ical whaling and trading partners in Massachusetts). 
(8) The National and Community Service Act 
of 1990 (Public Law 101–610; 42 U.S.C. 12501 et 
seq.). 
(9) United States contributions to the Inter-
national Fund for Ireland. 
(10) The Trade and Development Agency. 
(11) The Woodrow Wilson Memorial Act of 
1968 (82 Stat. 1356). 
(12) United States economic assistance to 
Egypt. 
(13) The United States Agency for Inter-
national Development. 
(14) United States contributions to the Inter-
governmental Panel on Climate Change. 
(15) The John C. Stennis Center for Public 
Service Training and Development. 
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(16) The essential air service program of the 
Federal Aviation Administration authorized by sub-
chapter II of chapter 417 of title 49, United States 
Code. 
(17) The new starts program of the Federal 
Transit Administration authorized by section 5309 
of title 49, United States Code. 
(18) Beach replenishment projects of the Corps 
of Engineers. 
(19) The Appalachian Regional Commission. 
(20) The Economic Development Administra-
tion. 
(21) 
Capital 
and 
preventive 
maintenance 
projects for the Washington Metropolitan Area 
Transit Authority authorized by title VI of the Pas-
senger Rail Investment and Improvement Act of 
2008 (122 Stat. 4968). 
(22) Title X of the Public Health Service Act 
(42 U.S.C. 300 et seq.) (relating to population re-
search and voluntary family planning programs). 
(23) The weatherization program authorized by 
part A of title IV of the Energy Conservation and 
Production Act (42 U.S.C. 6861 et seq.). 
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(24) The FreedomCAR and Fuel Partnership 
in the Vehicle Technologies Program of the Depart-
ment of Energy. 
(25) The Energy Star program authorized by 
section 324A of the Energy Policy and Conservation 
Act (42 U.S.C. 6294a). 
(26) The Corporation for Public Broadcasting. 
(27) Amtrak. 
(28) Grants supporting intercity rail passenger 
service and high-speed rail. 
(29) Applied research sponsored by the Depart-
ment of Energy. 
(30) The Technology Innovation Program au-
thorized by section 28 of the National Institute of 
Standards and Technology Act (15 U.S.C. 278n). 
(31) The Hollings Manufacturing Extension 
Partnership and all other programs authorized by 
section 25 of the National Institute of Standards 
and Technology Act (15 U.S.C. 278k). 
(32) The Community Development Fund of the 
Department of Housing and Urban Development. 
(33) The HOPE VI program of the Depart-
ment of Housing and Urban Development author-
ized by section 24 of the United States Housing Act 
of 1937 (42 U.S.C. 1437v). 
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(34) Grants provided under Edward Byrne Me-
morial Justice Assistance Grant Program under sub-
part 1 of part E of title I of the Omnibus Crime 
Control and Safe Streets Act of 1968 (42 U.S.C. 
3750 et seq.) insofar as such grants are for pre-trial 
bail services. 
(35) United States contributions to the Organi-
zation for Economic Cooperation and Development. 
(36) The U.S. Ambassadors Fund for Cultural 
Preservation. 
(37) Doctoral dissertation research grants au-
thorized under title V of the Housing and Urban 
Development Act of 1970 (12 U.S.C. 1701z–1 et 
seq.). 
(c) TECHNICAL AND CONFORMING CHANGES.—Not 
later than 6 months after the date of enactment of this 
Act, the President shall submit to Congress a legislative 
proposal providing for such technical and conforming 
changes in the law as are required by the provisions of 
this section. 
SEC. 502. REPEAL OF NATIONAL ORGANIC CERTIFICATION 
COST-SHARE PROGRAM. 
(a) REPEAL OF AUTHORITY FOR PROGRAM.—Section 
10606 of the Farm Security and Rural Investment Act 
of 2002 (7 U.S.C. 6523) is repealed. 
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(b) TERMINATION
OF
OBLIGATIONS
FOR
PRO-
GRAM.—On and after the date of enactment of this Act, 
no funds shall be obligated to carry out the national or-
ganic certification cost-share program established under 
section 10606(a) of the Farm Security and Rural Invest-
ment Act of 2002 (7 U.S.C. 6523). 
SEC. 503. PROHIBITING UNAUTHORIZED PAYMENTS TO DIS-
TRICT OF COLUMBIA. 
No funds appropriated or otherwise available to any 
Federal department or agency may be obligated or ex-
pended for any payment to the District of Columbia unless 
the payment is authorized by a law other than the law 
making the appropriation of the funds involved. 
SEC. 504. PROHIBITING PAYMENT OF GRATUITIES TO SUR-
VIVORS OF MEMBERS OF CONGRESS. 
(a) PROHIBITION.—No payment may be made from 
the applicable accounts of the House of Representatives, 
the contingent fund of the Senate, or any other appro-
priated funds for a death gratuity payment to the widow, 
widower, or heirs-at-law of any Member of Congress who 
dies after the commencement of the Congress to which the 
Member has been elected. 
(b) NO EFFECT
ON OTHER PAYMENTS
TO SUR-
VIVORS.—Nothing in subsection (a) shall be construed to 
prohibit or affect the payment to any individual of any 
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unpaid balance or salary or other sums due to a Member 
of Congress who dies after the commencement of the Con-
gress to which the Member has been elected. 
(c) DEFINITION.—For purposes of this section, the 
term ‘‘Member of Congress’’ means a Senator or a Rep-
resentative in, or Delegate or Resident Commissioner to, 
the Congress. 
SEC. 505. DAVIS-BACON REPEAL ACT. 
(a) SHORT TITLE.—This section may be cited as the 
‘‘Davis-Bacon Repeal Act’’. 
(b) REPEAL
OF DAVIS-BACON WAGE REQUIRE-
MENTS.—Subchapter IV of chapter 31 of title 40, United 
States Code, is repealed. 
(c) EFFECTIVE
DATE
AND
LIMITATION.—The 
amendment made by subsection (b) shall take effect 30 
days after the date of the enactment of this Act but shall 
not affect any contract in existence on such date of enact-
ment or made pursuant to invitation for bids outstanding 
on such date of enactment. 
SEC. 506. PRIORITIES IN EDUCATION SPENDING ACT. 
(a) SHORT TITLE.—This section may be cited as the 
‘‘Priorities in Education Spending Act’’. 
(b) ELEMENTARY AND SECONDARY EDUCATION PRO-
GRAMS.—The following provisions of the Elementary and 
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Secondary Education Act of 1965 (20 U.S.C. 6301 et 
seq.) are repealed: 
(1) Subpart 3 of part B of title I (20 U.S.C. 
6381 et seq.) (relating to the William F. Goodling 
Even Start Family Literacy programs). 
(2) Subpart 4 of part B of title I (20 U.S.C. 
6383) (relating to improving literacy through school 
libraries). 
(3) Section 1504 of part E of title I (20 U.S.C. 
6494) (relating to the Close Up Fellowship pro-
gram). 
(4) Part F of title I (20 U.S.C. 6511 et seq.) 
(relating to comprehensive school reform). 
(5) Section 2151(b) of subpart 5 of part A of 
title II (20 U.S.C. 6651(b)) (relating to school lead-
ership). 
(6) Section 2151(c) of subpart 5 of part A of 
title II (20 U.S.C. 6651(c)) (relating to advanced 
certification or advanced credentialing). 
(7) Subpart 2 of part C of title II (20 U.S.C. 
6701 et seq.) (relating to the National Writing 
Project). 
(8) Subpart 4 of part C of title II (20 U.S.C. 
6721 et seq.) (relating to the teaching of traditional 
American history). 
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(9) Part D of title II (20 U.S.C. 6751 et seq.) 
(relating to enhancing education through tech-
nology). 
(10) Subpart 4 of part B of title III (20 U.S.C. 
6961 et seq.) (relating to the Emergency Immigrant 
Education program). 
(11) Section 4129 of subpart 2 of part A of 
title IV (20 U.S.C. 7139) (relating to grants to re-
duce alcohol abuse). 
(12) Section 4130 of subpart 2 of part A of 
title IV (20 U.S.C. 7140) (relating to mentoring 
programs). 
(13) Subpart 2 of part D of title V (20 U.S.C. 
7245) (relating to elementary and secondary school 
counseling programs). 
(14) Subpart 4 of part D of title V (20 U.S.C. 
7249) (relating to smaller learning communities). 
(15) Subpart 5 of part D of title V (20 U.S.C. 
7251) (relating to the Reading is Fundamental—In-
expensive Book Distribution program). 
(16) Subpart 7 of part D of title V (20 U.S.C. 
7255 et seq.) (commonly referred to as the ‘‘Star 
Schools Act’’). 
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(17) Subpart 8 of part D of title V (20 U.S.C. 
7257 et seq.) (relating to the Ready to Teach pro-
gram). 
(18) Subpart 9 of part D of title V (20 U.S.C. 
7259 et seq.) (commonly referred to as the ‘‘Foreign 
Language Assistance Act of 2001’’). 
(19) Subpart 10 of part D of title V (20 U.S.C. 
7261 et seq.) (commonly referred to as the ‘‘Carol 
M. White Physical Education Program’’). 
(20) Subpart 11 of part D of title V (20 U.S.C. 
7263 et seq.) (relating to community technology cen-
ters). 
(21) Subpart 12 of part D of title V (20 U.S.C. 
7265 et seq.) (relating to educational, cultural, ap-
prenticeship, and exchange programs for Alaska Na-
tives, Native Hawaiians, and their historical whaling 
and trading partners in Massachusetts). 
(22) Subpart 14 of part D of title V (20 U.S.C. 
7269 et seq.) (relating to grants to improve mental 
health of children). 
(23) Subpart 15 of part D of title V (20 U.S.C. 
7271) (relating to arts in education). 
(24) Subpart 18 of part D of title V (20 U.S.C. 
7277 et seq.) (relating to healthy, high-performance 
schools). 
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(25) Subpart 20 of part D of title V (20 U.S.C. 
7281 et seq.) (relating to additional assistance for 
certain local educational agencies impacted by Fed-
eral property acquisition). 
(26) Subpart 21 of part D of title V (20 U.S.C. 
7283 et seq.) (commonly referred to as the ‘‘Wom-
en’s Educational Equity Act of 2001’’). 
(27) Part B of title VII (20 U.S.C. 7511 et 
seq.) (commonly referred to as the ‘‘Native Hawai-
ian Education Act’’). 
(28) Part C of title VII (20 U.S.C. 7541 et 
seq.) (commonly referred to as the ‘‘Alaska Native 
Educational Equity, Support, and Assistance Act’’). 
(c) EARLY LEARNING OPPORTUNITIES ACT.—Title 
VIII of H.R. 5656 of the 106th Congress (20 U.S.C. 9401 
et seq.; 114 Stat. 2763, 2763A–77) (commonly referred 
to as the ‘‘Early Learning Opportunities Act’’), enacted 
by section 1 of Public Law 106–554, is repealed. 
(d) HIGHER EDUCATION PROGRAMS.— 
(1) HIGHER EDUCATION ACT OF 1965.—The fol-
lowing provisions of the Higher Education Act of 
1965 (20 U.S.C. 1001 et seq.) are repealed: 
(A) Section 317 (20 U.S.C. 1059d) (relat-
ing to Alaska Native and Native Hawaiian-serv-
ing institutions). 
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(B) Subpart 6 of part A of title IV (20 
U.S.C. 1070d–31 et seq.) (relating to the Byrd 
Honors Scholarship Program). 
(C) Subpart 9 of part A of title IV (20 
U.S.C. 1070g et seq.) (relating to TEACH 
Grants). 
(D) Section 428L (20 U.S.C. 1078–12) 
(relating to loan repayment for civil legal assist-
ance attorneys). 
(E) Section 432(n) (20 U.S.C. 1082(n)) 
(relating to default reduction management). 
(F) Subpart 3 of part A of title VII (20 
U.S.C. 1136 et seq.) (relating to the Thurgood 
Marshall Legal Educational Opportunity Pro-
gram). 
(G) Subpart 1 of part D of title VII (20 
U.S.C. 1140a et seq.) (relating to demonstra-
tion projects to support postsecondary faculty, 
staff, and administrators in educating students 
with disabilities). 
(H) Part E of title VII (20 U.S.C. 1141) 
(relating to the College Access Challenge Grant 
program). 
(I) Part C of title VIII (20 U.S.C. 1161c) 
(relating to business workforce partnerships for 
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(Q) Part Q of title VIII (20 U.S.C. 1161q) 
(relating to rural development grants). 
(R) Part S of title VIII (20 U.S.C. 1161s) 
(relating to training for realtime writers). 
(S) Part V of title VIII (20 U.S.C. 1161v) 
(relating to modeling and simulation programs). 
(T) Part W of title VIII (20 U.S.C. 
1161w) (relating to Path to Success). 
(U) Part X of title VIII (20 U.S.C. 1161x) 
(relating to the School of Veterinary Medicine 
Competitive Grant Program). 
(V) Part Z of title VIII (20 U.S.C. 1161z) 
(relating to the Henry Kuualoha Giugni 
Kupuna Memorial Archives). 
(2) HIGHER
EDUCATION
AMENDMENTS
OF 
1998.—The following provisions of the Higher Edu-
cation Amendments of 1998 (Public Law 105–244) 
are repealed: 
(A) Part D of title VIII (20 U.S.C. 1151) 
(relating to the Incarcerated Youth Program). 
(B) Part H of title VIII (20 U.S.C. 1153) 
(relating to the Underground Railroad Edu-
cational and Cultural Program). 
(3) OTHER
HIGHER
EDUCATION
LAWS.—The 
following provisions of law are repealed: 
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(A) Section 121 of the Education of the 
Deaf Act of 1986 (20 U.S.C. 4341) (relating to 
Cultural Experiences Grants). 
(B) Section 802 of the Higher Education 
Opportunity Act (20 U.S.C. 9631) (relating to 
the National Center for Research in Advanced 
Information and Digital Technologies). 
(C) Section 5(c) of the Stevenson-Wydler 
Technology Innovation Act of 1980 (15 U.S.C. 
3704(c)) (relating to the Minority Serving In-
stitution Digital and Wireless Technology Op-
portunity Program). 
(D) Part E of title XV of the Higher Edu-
cation Amendments of 1992 (20 U.S.C. 1070 
note; Public Law 102–325) (relating to B.J. 
Stupak Olympic Scholarships). 
(e) LITERACY PROGRAM FOR PRISONERS.—Notwith-
standing the provisions under the heading ‘‘Safe Schools 
and Citizenship Education’’ in title III of division F of 
Public Law 108–447 (118 Stat. 3145), the Secretary of 
Education may not obligate any funds to carry out section 
601 of the National Literacy Act of 1991 (Public Law 
102–73; 105 Stat. 356) (relating to literacy for prisoners). 
(f) LOAN REPAYMENT FOR PROSECUTORS AND PUB-
LIC DEFENDERS.—The first part JJ of title I of the Om-
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nibus Crime Control and Safe Streets Act of 1968 (section 
952 of Public Law 110–315) (relating to loan repayment 
for prosecutors and public defenders) is repealed. 
(g) CAREER
AND TECHNICAL EDUCATION PRO-
GRAMS.—Title II of the Carl D. Perkins Career and Tech-
nical Education Act of 2006 (20 U.S.C. 2371 et seq.) is 
repealed. 
(h) SPECIAL OLYMPICS SPORT AND EMPOWERMENT 
ACT OF 2004 PROGRAM.—Section 3(a) of the Special 
Olympics Sport and Empowerment Act of 2004 (42 
U.S.C. 15001 note) (relating to education activities) is re-
pealed. 
(i) HEAD START ACT PROGRAM.—Section 657B of 
the Head Start Act (42 U.S.C. 9852b) (relating to Cen-
ters of Excellence in Early Childhood) is repealed. 
(j) WORKFORCE INVESTMENT ACT PROGRAM.—Sec-
tion 171(e) of the Workforce Investment Act (20 U.S.C. 
2916(e)) (relating to the Energy Efficiency and Renew-
able Energy Worker Training Program) is repealed. 
(k) THE NATIONAL ENVIRONMENTAL EDUCATION 
ACT.—The National Environmental Education Act (20 
U.S.C. 5501 et seq.) is repealed. 
(l) AMERICA COMPETES ACT.—Part I of subtitle 
A of title VI of the America COMPETES Act (20 U.S.C. 
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9811 et seq.) (relating to Teachers for a Competitive To-
morrow) is repealed. 
SEC. 507. REPEAL OF TEMPORARY INCREASE OF MEDICAID 
FMAP. 
Effective as of the date of the enactment of this Act, 
section 5001 of the American Recovery and Reinvestment 
Act of 2009 (42 U.S.C. 1396d note) (relating to the tem-
porary increase of the Medicaid FMAP) is repealed. 
SEC. 508. MORATORIUM ON CONSTRUCTION OR LEASING 
OF NEW FEDERAL BUILDINGS IN DISTRICT 
OF COLUMBIA UNTIL JANUARY 2013. 
(a) PROHIBITION.—No funds may be expended for 
the construction or lease of buildings or space in the Dis-
trict of Columbia for any branch of the United States Gov-
ernment or any entity within such branch unless a con-
tract for the construction or lease was entered into before 
the date of enactment of this Act. 
(b) EXCEPTION.—The prohibition contained in sub-
section (a) does not apply in any case in which the expend-
iture of funds for the purposes described in subsection (a) 
is necessary in the interests of national security. 
(c) EXPIRATION.—The prohibition contained in sub-
section (a) shall expire on January 1, 2013. 
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Subtitle B—Elimination of Presi-
dential Election Campaign Fund 
SEC. 511. TERMINATION OF TAXPAYER FINANCING OF 
PRESIDENTIAL ELECTION CAMPAIGNS. 
(a) TERMINATION OF DESIGNATION OF INCOME TAX 
PAYMENTS.—Section 6096 of the Internal Revenue Code 
of 1986 is amended by adding at the end the following 
new subsection: 
‘‘(d) TERMINATION.—This section shall not apply to 
taxable years beginning after December 31, 2010.’’. 
(b) TERMINATION OF FUND AND ACCOUNT.— 
(1) TERMINATION OF PRESIDENTIAL ELECTION 
CAMPAIGN FUND.— 
(A) IN GENERAL.—Chapter 95 of subtitle 
H of such Code is amended by adding at the 
end the following new section: 
‘‘SEC. 9014. TERMINATION. 
‘‘The provisions of this chapter shall not apply with 
respect to any Presidential election (or any Presidential 
nominating convention) after December 31, 2010, or to 
any candidate in such an election.’’. 
(B) TRANSFER OF EXCESS FUNDS TO GEN-
ERAL
FUND.—Section 9006 of such Code is 
amended by adding at the end the following 
new subsection: 
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‘‘(d) TRANSFER
OF
FUNDS
REMAINING
AFTER 
2011.—The Secretary shall transfer all amounts in the 
fund after December 31, 2011, to the general fund of the 
Treasury.’’. 
(2) TERMINATION OF ACCOUNT.—Chapter 96 
of subtitle H of such Code is amended by adding at 
the end the following new section: 
‘‘SEC. 9043. TERMINATION. 
‘‘The provisions of this chapter shall not apply to any 
candidate with respect to any Presidential election after 
December 31, 2010.’’. 
(c) CLERICAL AMENDMENTS.— 
(1) The table of sections for chapter 95 of sub-
title H of such Code is amended by adding at the 
end the following new item: 
‘‘Sec. 9014. Termination.’’. 
(2) The table of sections for chapter 96 of sub-
title H of such Code is amended by adding at the 
end the following new item: 
‘‘Sec. 9043. Termination.’’. 
Subtitle C—Repeal of Sugar Price 
Support and Other Programs 
SEC. 521. REPEAL OF SUGAR PRICE SUPPORT PROGRAM 
AND MARKETING ALLOTMENTS FOR SUGAR. 
(a) SUGAR PROGRAM.— 
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(1) REPEAL.—Section 156 of the Federal Agri-
culture Improvement and Reform Act of 1996 (7 
U.S.C. 7272) is repealed. 
(2) RELATED
FEEDSTOCK
FLEXIBILITY
PRO-
GRAM FOR BIOENERGY PRODUCERS.—Section 9010 
of the Farm Security and Rural Investment Act of 
2002 (7 U.S.C. 8110) is repealed. 
(b) MARKETING ALLOTMENTS FOR SUGAR.— 
(1) REPEAL.—Part VII of subtitle B of title III 
of the Agricultural Adjustment Act of 1938 (7 
U.S.C. 1359aa–1359ll), except section 359k (7 
U.S.C. 1359kk), is repealed. 
(2) CONFORMING AMENDMENT.—Section 359k 
of the Agricultural Adjustment Act of 1938 (7 
U.S.C. 1359kk) is amended to read as follows: 
‘‘SEC. 359k. ADMINISTRATION OF TARIFF RATE QUOTAS. 
‘‘(a) ESTABLISHMENT.—Except as provided in sub-
section (c) and notwithstanding any other provision of law, 
the Secretary shall establish the tariff-rate quotas for raw 
cane sugar and refined sugars for a quota year at the level 
necessary to ensure— 
‘‘(1) a robust and competitive sugar processing 
industry in the United States; and 
‘‘(2) an adequate supply of sugar at reasonable 
prices in the United States. 
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‘‘(b) FACTORS.—In determining the tariff-rate 
quotas necessary to satisfy the requirements of para-
graphs (1) and (2) of subsection (a), the Secretary shall 
consider the following: 
‘‘(1) The quantity of sugar that will be subject 
to human consumption in the United States during 
the quota year. 
‘‘(2) The quantity of sugar that will be avail-
able from the domestic processing of sugarcane, 
sugar beets, and in-process beet sugar. 
‘‘(3) The quantity of sugar that would provide 
for reasonable carryover stocks. 
‘‘(4) The quantity of sugar that will be avail-
able from carry-over stocks for human consumption 
in the United States during the quota year. 
‘‘(5) United States obligations under inter-
national trade agreements that have been approved 
by Congress. 
‘‘(c) EXCEPTION.—Subsection (a) shall not apply to 
specialty sugar.’’. 
(c) PERMANENT PRICE SUPPORT LEVELS FOR DES-
IGNATED NONBASIC AGRICULTURAL COMMODITIES.— 
(1) REPEAL.—Section 201(a) of the Agricul-
tural Act of 1949 (7 U.S.C. 1446(a)) is amended by 
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striking ‘‘milk, sugar beets, and sugarcane’’ and in-
serting ‘‘and milk’’. 
(2) CONFORMING
AMENDMENT.—Section 301 
of the Agricultural Act of 1949 (7 U.S.C. 1447) is 
amended by inserting ‘‘(other than sugar beets and 
sugarcane)’’ after ‘‘any nonbasic agricultural com-
modity’’. 
(d) STORAGE FACILITY LOANS.—Section 1402 of the 
Farm Security and Rural Investment Act of 2002 (7 
U.S.C. 7971) is repealed. 
(e) STORAGE PAYMENTS.—Section 167 of the Fed-
eral Agriculture Improvement and Reform Act of 1996 (7 
U.S.C. 7287) is repealed. 
SEC. 522. REPEAL OF MARKET ACCESS PROGRAM. 
(a) REPEAL OF PROGRAM.—Section 203 of the Agri-
cultural Trade Act of 1978 (7 U.S.C. 5623) is repealed. 
(b) REPEAL OF FUNDING.—Section 211 of the Agri-
cultural Trade Act of 1978 (7 U.S.C. 5641) is amended 
by striking subsection (c). 
SEC. 523. TERMINATION OF AVAILABILITY OF MARKETING 
ASSISTANCE LOANS AND LOAN DEFICIENCY 
PAYMENTS FOR MOHAIR PRODUCERS. 
(a) REMOVAL OF MOHAIR FROM ELIGIBLE LOAN 
COMMODITIES.—Section 1001(8) of the Food, Conserva-
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tion, and Energy Act of 2008 (7 U.S.C. 8702(8)) is 
amended by striking ‘‘mohair,’’. 
(b) ELIMINATION OF FUTURE LOAN RATES FOR MO-
HAIR.—Section 1202(c) of such Act (7 U.S.C. 8732(c)) 
is amended by striking paragraph (18). 
Subtitle D—Federal Real Property 
Disposal Pilot Program 
SEC. 531. FEDERAL REAL PROPERTY DISPOSAL PILOT PRO-
GRAM. 
(a) IN GENERAL.—Chapter 5 of subtitle I of title 40, 
United States Code, is amended by adding at the end the 
following: 
‘‘SUBCHAPTER VII—EXPEDITED DISPOSAL OF 
REAL PROPERTY 
‘‘§ 621. Pilot program 
‘‘(a) The Director of the Office of Management and 
Budget (in this subchapter referred to as the ‘Director’) 
shall conduct a pilot program, to be known as the ‘Federal 
Real Property Disposal Pilot Program’, under which real 
property that is not meeting Federal Government needs 
may be disposed of in accordance with this subchapter. 
‘‘(b) For purposes of this subchapter, the Director 
shall identify criteria for determining whether real prop-
erty is not meeting Federal Government needs. 
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‘‘(c) For the fiscal years 2011 through 2020, the Di-
rector shall dispose of real property generating proceeds 
of not less $19,000,000,000 under the Federal Real Prop-
erty Disposal Pilot Program. 
‘‘(d) The Director shall not include for purposes of 
the Federal Real Property Disposal Pilot Program any 
parcel of real property, building, or other structure located 
on such real property that is to be closed or realigned 
under the Defense Base Closure and Realignment Act of 
1990 (10 U.S.C. 2687 note). 
‘‘(e) The Federal Real Property Disposal Pilot Pro-
gram shall terminate on September 30, 2020. 
‘‘§ 622. Selection of real properties 
‘‘Agencies will recommend candidate disposition 
properties to the Director for participation in the pilot 
program. The Director, with the concurrence of the head 
of the executive agency concerned and consistent with the 
criteria established in section 621, may then select such 
candidate properties for participation in the pilot program 
and notify the recommending agency accordingly. 
‘‘§ 623. Expedited disposal requirements 
‘‘(a) For purposes of the pilot program, an ‘expedited 
disposal of a real property’ is a sale of real property for 
cash that is conducted pursuant to the requirements of 
section 545 of this title. 
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‘‘(b) Real property sold under the pilot program must 
be sold at not less than the fair market value as deter-
mined by the Director in consultation with the head of 
the executive agency. Costs associated with disposal may 
not exceed the fair market value of the property unless 
the Director approves incurring such costs. 
‘‘(c) A real property may be sold under the pilot pro-
gram only if the property will generate monetary proceeds 
to the Federal Government, as provided in subsection (b). 
A disposal of real property under the pilot program may 
not include any exchange, trade, transfer, acquisition of 
like-kind property, or other noncash transaction as part 
of the disposal. 
‘‘(d) Nothing in this subchapter shall be construed 
as terminating or in any way limiting authorities that are 
otherwise available to agencies under other provisions of 
law to dispose of Federal real property, except as provided 
in subsection (e). 
‘‘(e) Any expedited disposal of a real property con-
ducted under this section shall not be subject to— 
‘‘(1) subchapter IV of this chapter; 
‘‘(2) sections 550 and 553 of this title; 
‘‘(3) section 501 of the McKinney-Vento Home-
less Assistance Act (42 U.S.C. 11411); 
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‘‘(4) any other provision of law authorizing the 
no-cost conveyance of real property owned by the 
Federal Government; or 
‘‘(5) any congressional notification requirement 
other than that in section 545 of this title. 
‘‘§ 624. Special rules for deposit and use of proceeds 
from expedited disposals 
‘‘(a) Agencies that conduct expedited disposals of real 
properties under this subchapter shall be reimbursed from 
the proceeds for the administrative expenses associated 
with the disposal of such properties. Such amounts will 
be credited as offsetting collections to the account that in-
curred such expenses, to remain available until expended 
without further appropriations. 
‘‘(b) After payment of such administrative costs, the 
balance of the proceeds shall be distributed as follows: 
‘‘(1) 80 percent shall be deposited into the 
Treasury as miscellaneous receipts. 
‘‘(2) 20 percent shall be deposited into the ac-
count of the agency that owned the real property 
and initiated the disposal action. Such funds shall be 
available without further appropriation, to remain 
available for the period of the pilot program, for ac-
tivities related to Federal real property capital im-
provements and disposal activities. Upon termination 
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of the pilot program, any unobligated amounts shall 
be transferred to the general fund of the Treasury.’’. 
(b) CLERICAL AMENDMENT.—The table of sections 
at the beginning of chapter 5 of subtitle I of title 40, 
United States Code, is amended by inserting after the 
item relating to section 611 the following: 
‘‘SUBCHAPTER VII—EXPEDITED DISPOSAL OF REAL PROPERTY 
‘‘Sec. 621. Pilot program. 
‘‘Sec. 622. Selection of real properties. 
‘‘Sec. 623. Expedited disposal requirements. 
‘‘Sec. 624. Special rules for deposit and use of proceeds from expedited dis-
posals.’’. 
TITLE VI—FANNIE MAE AND 
FREDDIE MAC 
SEC. 601. SHORT TITLE. 
This title may be cited as the ‘‘GSE Bailout Elimi-
nation and Taxpayer Protection Act’’. 
SEC. 602. DEFINITIONS. 
For purposes of this title, the following definitions 
shall apply: 
(1) CHARTER.—The term ‘‘charter’’ means— 
(A) with respect to the Federal National 
Mortgage Association, the Federal National 
Mortgage Association Charter Act (12 U.S.C. 
1716 et seq.); and 
(B) with respect to the Federal Home 
Loan Mortgage Corporation, the Federal Home 
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Loan Mortgage Corporation Act (12 U.S.C. 
1451 et seq.). 
(2) DIRECTOR.—The term ‘‘Director’’ means 
the Director of the Federal Housing Finance Agen-
cy. 
(3) 
ENTERPRISE.—The 
term 
‘‘enterprise’’ 
means— 
(A) the Federal National Mortgage Asso-
ciation; and 
(B) the Federal Home Loan Mortgage 
Corporation. 
(4) 
GUARANTEE.—The 
term 
‘‘guarantee’’ 
means, with respect to an enterprise, the credit sup-
port of the enterprise that is provided by the Fed-
eral Government through its charter as a Govern-
ment-sponsored enterprise. 
SEC. 603. TERMINATION OF CURRENT CONSERVATORSHIP. 
(a) IN GENERAL.—Upon the expiration of the period 
referred to in subsection (b), the Director of the Federal 
Housing Finance Agency shall determine, with respect to 
each enterprise, if the enterprise is financially viable at 
that time and— 
(1) if the Director determines that the enter-
prise is financially viable, immediately take all ac-
tions necessary to terminate the conservatorship for 
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the enterprise that is in effect pursuant to section 
1367 of the Federal Housing Enterprises Financial 
Safety and Soundness Act of 1992 (12 U.S.C. 
4617); or 
(2) if the Director determines that the enter-
prise is not financially viable, immediately appoint 
the Federal Housing Finance Agency as receiver 
under section 1367 of the Federal Housing Enter-
prises Financial Safety and Soundness Act of 1992 
and carry out such receivership under the authority 
of such section. 
(b) TIMING.—The period referred to in this sub-
section is, with respect to an enterprise— 
(1) except as provided in paragraph (2), the 24- 
month period beginning upon the date of the enact-
ment of this Act; or 
(2) if the Director determines before the expira-
tion of the period referred to in paragraph (1) that 
the financial markets would be adversely affected 
without the extension of such period under this 
paragraph with respect to that enterprise, and upon 
making such determination notifies the Congress in 
writing of such determination, the 30-month period 
beginning upon the date of the enactment of this 
Act. 
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(c) FINANCIAL VIABILITY.—The Director may not 
determine that an enterprise is financially viable for pur-
poses of subsection (a) if the Director determines that any 
of the conditions for receivership set forth in paragraph 
(3) or (4) of section 1367(a) of the Federal Housing En-
terprises Financial Safety and Soundness Act of 1992 (12 
U.S.C. 4617(a)) exist at the time with respect to the en-
terprise. 
SEC. 604. LIMITATION OF ENTERPRISE AUTHORITY UPON 
EMERGENCE FROM CONSERVATORSHIP. 
(a) REVISED AUTHORITY.—Upon the expiration of 
the period referred to in section 603(b), if the Director 
makes the determination under section 603(a)(1), the fol-
lowing provisions shall take effect: 
(1) REPEAL OF HOUSING GOALS.— 
(A) REPEAL.—The Federal Housing En-
terprises Financial Safety and Soundness Act 
of 1992 is amended by striking sections 1331 
through 1336 (12 U.S.C. 4561–6). 
(B) CONFORMING AMENDMENTS.—Federal 
Housing Enterprises Financial Safety and 
Soundness Act of 1992 is amended— 
(i) in section 1303(28) (12 U.S.C. 
4502(28)), by striking ‘‘and, for the pur-
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poses’’ and all that follows through ‘‘des-
ignated disaster areas’’; 
(ii) in section 1324(b)(1)(A) (12 
U.S.C. 4544(b)(1)(A))— 
(I) by striking clauses (i), (ii), 
and (iv); 
(II) in clause (iii), by inserting 
‘‘and’’ after the semicolon at the end; 
and 
(III) by redesignating clauses 
(iii) and (v) as clauses (i) and (ii), re-
spectively; 
(iii) in section 1338(c)(10) (12 U.S.C. 
4568(c)(10)), by striking subparagraph 
(E); 
(iv) in section 1339(h) (12 U.S.C. 
4569), by striking paragraph (7); 
(v) in section 1341 (12 U.S.C. 
4581)— 
(I) in subsection (a)— 
(aa) in paragraph (1), by in-
serting ‘‘or’’ after the semicolon 
at the end; 
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(bb) in paragraph (2), by 
striking the semicolon at the end 
and inserting a period; and 
(cc) by striking paragraphs 
(3) and (4); and 
(II) in subsection (b)(2)— 
(aa) in subparagraph (A), 
by inserting ‘‘or’’ after the semi-
colon at the end; 
(bb) by striking subpara-
graphs (B) and (C); and 
(cc) by redesignating sub-
paragraph (D) as subparagraph 
(B); 
(vi) in section 1345(a) (12 U.S.C. 
4585(a))— 
(I) in paragraph (1), by inserting 
‘‘or’’ after the semicolon at the end; 
(II) in paragraph (2), by striking 
the semicolon at the end and inserting 
a period; and 
(III) by striking paragraphs (3) 
and (4); and 
(vii) in section 1371(a)(2) (12 U.S.C. 
4631(a)(2))— 
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(I) by striking ‘‘with any housing 
goal established under subpart B of 
part 2 of subtitle A of this title,’’; and 
(II) by striking ‘‘section 1336 
or’’. 
(2) PORTFOLIO
LIMITATIONS.—Subtitle B of 
title XIII of the Housing and Community Develop-
ment Act of 1992 (12 U.S.C. 4611 et seq.) is 
amended by adding at the end the following new sec-
tion: 
‘‘SEC. 1369E. RESTRICTION ON MORTGAGE ASSETS OF EN-
TERPRISES. 
‘‘(a) RESTRICTION.—No enterprise shall own, as of 
any applicable date in this subsection or thereafter, mort-
gage assets in excess of— 
‘‘(1) upon the expiration of the period referred 
to in section 603(b) of the GSE Bailout Elimination 
and 
Taxpayer 
Protection 
Act 
or 
thereafter, 
$850,000,000,000; 
‘‘(2) upon the expiration of the 1-year period 
that begins on the date described in paragraph (1) 
or thereafter, $700,000,000,000; 
‘‘(3) upon the expiration of the 2-year period 
that begins on the date described in paragraph (1) 
or thereafter, $500,000,000,000; and 
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‘‘(4) upon the expiration of the 3-year period 
that begins on the date described in paragraph (1), 
$250,000,000,000. 
‘‘(b) DEFINITION OF MORTGAGE ASSETS.—For pur-
poses of this section, the term ‘mortgage assets’ means, 
with respect to an enterprise, assets of such enterprise 
consisting of mortgages, mortgage loans, mortgage-related 
securities, participation certificates, mortgage-backed 
commercial paper, obligations of real estate mortgage in-
vestment conduits and similar assets, in each case to the 
extent such assets would appear on the balance sheet of 
such enterprise in accordance with generally accepted ac-
counting principles in effect in the United States as of 
September 7, 2008 (as set forth in the opinions and pro-
nouncements of the Accounting Principles Board and the 
American Institute of Certified Public Accountants and 
statements and pronouncements of the Financial Account-
ing Standards Board from time to time; and without giv-
ing any effect to any change that may be made after Sep-
tember 7, 2008, in respect of Statement of Financial Ac-
counting Standards No. 140 or any similar accounting 
standard).’’. 
(3) INCREASE IN MINIMUM CAPITAL REQUIRE-
MENT.—Section 1362 of the Federal Housing En-
terprises Financial Safety and Soundness Act of 
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1992 (12 U.S.C. 4612), as amended by section 1111 
of the Housing and Economic Recovery Act of 2008 
(Public Law 110–289), is amended— 
(A) in subsection (a), by striking ‘‘For 
purposes of this subtitle, the minimum capital 
level for each enterprise shall be’’ and inserting 
‘‘The minimum capital level established under 
subsection (g) for each enterprise may not be 
lower than’’; 
(B) in subsection (c)— 
(i) by striking ‘‘subsections (a) and’’ 
and inserting ‘‘subsection’’; 
(ii) by striking ‘‘regulated entities’’ 
the first place such term appears and in-
serting ‘‘Federal Home Loan Banks’’; 
(iii) by striking ‘‘for the enterprises,’’; 
(iv) by striking ‘‘, or for both the en-
terprises and the banks,’’; 
(v) by striking ‘‘the level specified in 
subsection (a) for the enterprises or’’; and 
(vi) by striking ‘‘the regulated entities 
operate’’ and inserting ‘‘such banks oper-
ate’’; 
(C) in subsection (d)(1)— 
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(i) by striking ‘‘subsections (a) and’’ 
and inserting ‘‘subsection’’; and 
(ii) by striking ‘‘regulated entity’’ 
each place such term appears and inserting 
‘‘Federal Home Loan Bank’’; 
(D) in subsection (e), by striking ‘‘regu-
lated entity’’ each place such term appears and 
inserting ‘‘Federal Home Loan Bank’’; 
(E) in subsection (f)— 
(i) by striking ‘‘the amount of core 
capital maintained by the enterprises,’’; 
and 
(ii) by striking ‘‘regulated entities’’ 
and inserting ‘‘banks’’; and 
(F) by adding at the end the following new 
subsection: 
‘‘(g) ESTABLISHMENT OF REVISED MINIMUM CAP-
ITAL LEVELS.— 
‘‘(1) IN GENERAL.—The Director shall cause 
the enterprises to achieve and maintain adequate 
capital by establishing minimum levels of capital for 
such the enterprises and by using such other meth-
ods as the Director deems appropriate. 
‘‘(2) AUTHORITY.—The Director shall have the 
authority to establish such minimum level of capital 
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for an enterprise in excess of the level specified 
under subsection (a) as the Director, in the Direc-
tor’s discretion, deems to be necessary or appro-
priate in light of the particular circumstances of the 
enterprise. 
‘‘(h) FAILURE TO MAINTAIN REVISED MINIMUM 
CAPITAL LEVELS.— 
‘‘(1) UNSAFE AND UNSOUND PRACTICE OR CON-
DITION.—Failure of an enterprise to maintain cap-
ital at or above its minimum level as established 
pursuant to subsection (g) of this section may be 
deemed by the Director, in his discretion, to con-
stitute an unsafe and unsound practice or condition 
within the meaning of this title. 
‘‘(2) 
DIRECTIVE
TO
ACHIEVE
CAPITAL 
LEVEL.— 
‘‘(A) AUTHORITY.—In addition to, or in 
lieu of, any other action authorized by law, in-
cluding paragraph (1), the Director may issue 
a directive to an enterprise that fails to main-
tain capital at or above its required level as es-
tablished pursuant to subsection (g) of this sec-
tion. 
‘‘(B) PLAN.—Such directive may require 
the enterprise to submit and adhere to a plan 
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acceptable to the Director describing the means 
and timing by which the enterprise shall achieve 
its required capital level. 
‘‘(C) ENFORCEMENT.—Any such directive 
issued pursuant to this paragraph, including 
plans submitted pursuant thereto, shall be en-
forceable under the provisions of subtitle C of 
this title to the same extent as an effective and 
outstanding order issued pursuant to subtitle C 
of this title which has become final. 
‘‘(3) ADHERENCE TO PLAN.— 
‘‘(A) CONSIDERATION.—The Director may 
consider such enterprise’s progress in adhering 
to any plan required under this subsection 
whenever such enterprise seeks the requisite ap-
proval of the Director for any proposal which 
would divert earnings, diminish capital, or oth-
erwise impede such enterprise’s progress in 
achieving its minimum capital level. 
‘‘(B) DENIAL.—The Director may deny 
such approval where it determines that such 
proposal would adversely affect the ability of 
the enterprise to comply with such plan.’’. 
(4) REPEAL
OF
INCREASES
TO
CONFORMING 
LOAN LIMITS.— 
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(A) REPEAL OF TEMPORARY INCREASES.— 
(i) 
CONTINUING
APPROPRIATIONS 
RESOLUTION, 2010.—Section 167 of the 
Continuing 
Appropriations 
Resolution, 
2010 (as added by section 104 of division 
B of Public Law 111–88; 123 Stat. 2973) 
is repealed. 
(ii) AMERICAN RECOVERY AND REIN-
VESTMENT ACT OF 2009.—Section 1203 of 
division A of the American Recovery and 
Reinvestment Act of 2009 (Public Law 
111–5; 123 Stat. 225) is repealed. 
(iii) ECONOMIC
STIMULUS
ACT
OF 
2008.—Section 201 of the Economic Stim-
ulus Act of 2008 (Public Law 110–185; 
122 Stat. 619) is repealed. 
(B) REPEAL OF GENERAL LIMIT AND PER-
MANENT
HIGH-COST
AREA
INCREASE.—Para-
graph (2) of section 302(b) of the Federal Na-
tional Mortgage Association Charter Act (12 
U.S.C. 1717(b)(2)) and paragraph (2) of sec-
tion 305(a) of the Federal Home Loan Mort-
gage Corporation Act (12 U.S.C. 1454(a)(2)) 
are each amended to read as such sections were 
in effect immediately before the enactment of 
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the Housing and Economic Recovery Act of 
2008 (Public Law 110–289). 
(C) REPEAL
OF
NEW
HOUSING
PRICE 
INDEX.—Section 1322 of the Federal Housing 
Enterprises Financial Safety and Soundness 
Act of 1992, as added by section 1124(d) of the 
Housing and Economic Recovery Act of 2008 
(Public Law 110–289), is repealed. 
(D) REPEAL.—Section 1124 of the Hous-
ing and Economic Recovery Act of 2008 (Public 
Law 110–289) is repealed. 
(E) ESTABLISHMENT
OF
CONFORMING 
LOAN LIMIT.—For the year in which the expira-
tion of the period referred to in section 603(b) 
of this section occurs, the limitations governing 
the maximum original principal obligation of 
conventional mortgages that may be purchased 
by the Federal National Mortgage Association 
and the Federal Home Loan Mortgage Cor-
poration, referred to in section 302(b)(2) of the 
Federal National Mortgage Association Charter 
Act (12 U.S.C. 1717(b)(2)) and section 
305(a)(2) of the Federal Home Loan Mortgage 
Corporation Act (12 U.S.C. 1454(a)(2)), re-
spectively, shall be considered to be— 
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(i) $417,000 for a mortgage secured 
by a single-family residence, 
(ii) $533,850 for a mortgage secured 
by a 2-family residence, 
(iii) $645,300 for a mortgage secured 
by a 3-family residence, and 
(iv) $801,950 for a mortgage secured 
by a 4-family residence, 
and such limits shall be adjusted effective each 
January 1 thereafter in accordance with such 
sections 302(b)(2) and 305(a)(2). 
(F) PROHIBITION OF PURCHASE OF MORT-
GAGES
EXCEEDING
MEDIAN
AREA
HOME 
PRICE.— 
(i) FANNIE MAE.—Section 302(b)(2) 
of the Federal National Mortgage Associa-
tion Charter Act (12 U.S.C. 1717(b)(2)) is 
amended by adding at the end the fol-
lowing new sentence: ‘‘Notwithstanding 
any other provision of this title, the cor-
poration may not purchase any mortgage 
for a property having a principal obligation 
that exceeds the median home price, for 
properties of the same size, for the area in 
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which such property subject to the mort-
gage is located.’’. 
(ii) 
FREDDIE
MAC.—Section 
305(a)(2) of the Federal Home Loan 
Mortgage Corporation Act (12 U.S.C. 
1454(a)(2)) is amended by adding at the 
end the following new sentence: ‘‘Notwith-
standing any other provision of this title, 
the Corporation may not purchase any 
mortgage for a property having a principal 
obligation that exceeds the median home 
price, for properties of the same size, for 
the area in which such property subject to 
the mortgage is located.’’. 
(5) REQUIREMENT OF MINIMUM DOWNPAYMENT 
FOR MORTGAGES PURCHASED.— 
(A) FANNIE MAE.—Subsection (b) of sec-
tion 302 of the Federal National Mortgage As-
sociation Charter Act (12 U.S.C. 1717(b)) is 
amended by adding at the end the following 
new paragraph: 
‘‘(7) Notwithstanding any other provision of this Act, 
the corporation may not newly purchase any mortgage un-
less the mortgagor has paid, in cash or its equivalent on 
account of the property securing repayment of such mort-
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gage, in accordance with regulations issued by the Direc-
tor of the Federal Housing Finance Agency, not less 
than— 
‘‘(A) for any mortgage purchased during the 
12-month period beginning upon the expiration of 
the period referred to in section 603(b) of the GSE 
Bailout Elimination and Taxpayer Protection Act, 5 
percent of the appraised value of the property; 
‘‘(B) for any mortgage purchased during the 
12-month period beginning upon the expiration of 
the 12-month period referred to in subparagraph (A) 
of this paragraph, 7.5 percent of the appraised value 
of the property; and 
‘‘(C) for any mortgage purchased during the 
12-month period beginning upon the expiration of 
the 12-month period referred to in subparagraph 
(B) of this paragraph, 10 percent of the appraised 
value of the property.’’. 
(B) FREDDIE MAC.—Subsection (a) of sec-
tion 305 of the Federal Home Loan Mortgage 
Corporation Act (12 U.S.C. 1454(a)) is amend-
ed by adding at the end the following new para-
graph: 
‘‘(6) Notwithstanding any other provision of this Act, 
the Corporation may not newly purchase any mortgage 
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unless the mortgagor has paid, in cash or its equivalent 
on account of the property securing repayment of such 
mortgage, in accordance with regulations issued by the Di-
rector of the Federal Housing Finance Agency, not less 
than— 
‘‘(A) for any mortgage purchased during the 
12-month period beginning upon the expiration of 
the period referred to in section 603(b) of the GSE 
Bailout Elimination and Taxpayer Protection Act, 5 
percent of the appraised value of the property; 
‘‘(B) for any mortgage purchased during the 
12-month period beginning upon the expiration of 
the 12-month period referred to in subparagraph (A) 
of this paragraph, 7.5 percent of the appraised value 
of the property; and 
‘‘(C) for any mortgage purchased during the 
12-month period beginning upon the expiration of 
the 12-month period referred to in subparagraph 
(B) of this paragraph, 10 percent of the appraised 
value of the property.’’. 
(6) REQUIREMENT TO PAY STATE AND LOCAL 
TAXES.— 
(A) FANNIE MAE.—Paragraph (2) of sec-
tion 309(c) of the Federal National Mortgage 
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U.S.C. 1719(e)) is amended by striking the 
fourth sentence. 
(B) FREDDIE
MAC.—Section 306 of the 
Federal Home Loan Mortgage Corporation Act 
(12 U.S.C. 1455) is amended by striking sub-
section (g). 
(8) RECOUPMENT
OF
COSTS
FOR
FEDERAL 
GUARANTEE.— 
(A) ASSESSMENTS.—The Director of the 
Federal Housing Finance Agency shall establish 
and collect from each enterprise assessments in 
the amount determined under subparagraph 
(B). In determining the method and timing for 
making such assessments, the Director shall 
take into consideration the determinations and 
conclusions of the study under subsection (b) of 
this section. 
(B) DETERMINATION OF COSTS OF GUAR-
ANTEE.—Assessments under subparagraph (A) 
with respect to an enterprise shall be in such 
amount as the Director determines necessary to 
recoup to the Federal Government the full value 
of the benefit the enterprise receives from the 
guarantee provided by the Federal Government 
for the obligations and financial viability of the 
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enterprise, based upon the dollar value of such 
benefit in the market to such enterprise when 
not operating under conservatorship or receiver-
ship. To determine such amount, the Director 
shall establish a risk-based pricing mechanism 
as the Director considers appropriate, taking 
into consideration the determinations and con-
clusions of the study under subsection (b) of 
this section. 
(C) 
TREATMENT
OF
RECOUPED 
AMOUNTS.—The Director shall cover into the 
general fund of the Treasury any amounts re-
ceived from assessments made under this para-
graph. 
(b) GAO STUDY
REGARDING
RECOUPMENT
OF 
COSTS FOR FEDERAL GOVERNMENT GUARANTEE.—The 
Comptroller General of the United States shall conduct 
a study to determine a risk-based pricing mechanism to 
accurately determine the value of the benefit the enter-
prises receive from the guarantee provided by the Federal 
Government for the obligations and financial viability of 
the enterprises. Such study shall establish a dollar value 
of such benefit in the market to each enterprise when not 
operating under conservatorship or receivership, shall ana-
lyze various methods of the Federal Government assessing 
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a charge for such value received (including methods involv-
ing an annual fee or a fee for each mortgage purchased 
or securitized), and shall make a recommendation of the 
best such method for assessing such charge. Not later 
than 12 months after the date of the enactment of this 
Act, the Comptroller General shall submit to the Congress 
a report setting forth the determinations and conclusions 
of such study. 
SEC. 605. REQUIRED WIND DOWN OF OPERATIONS AND DIS-
SOLUTION OF ENTERPRISE. 
(a) APPLICABILITY.—This section shall apply to an 
enterprise upon the expiration of the 3-year period that 
begins upon the expiration of the period referred to in sec-
tion 603(b). 
(b) REPEAL OF CHARTER.—Upon the applicability of 
this section to an enterprise, the charter for the enterprise 
is repealed and the enterprise shall have no authority to 
conduct new business under such charter, except that the 
provisions of such charter in effect immediately before 
such repeal shall continue to apply with respect to the 
rights and obligations of any holders of outstanding debt 
obligations and mortgage-backed securities of the enter-
prise. 
(c) WIND DOWN.—Upon the applicability of this sec-
tion to an enterprise, the Director and the Secretary of 
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the Treasury shall jointly take such action, and may pre-
scribe such regulations and procedures, as may be nec-
essary to wind down the operations of an enterprise as 
an entity chartered by the United States Government over 
the duration of the 10-year period beginning upon the ap-
plicability of this section to the enterprise (pursuant to 
subsection (a)) in an orderly manner consistent with this 
Act and the ongoing obligations of the enterprise. 
(d) DIVISION OF ASSETS AND LIABILITIES; AUTHOR-
ITY TO ESTABLISH HOLDING CORPORATION AND DIS-
SOLUTION TRUST FUND.—The action and procedures re-
quired under subsection (c)— 
(1) shall include the establishment and execu-
tion of plans to provide for an equitable division and 
distribution of assets and liabilities of the enterprise, 
including any liability of the enterprise to the United 
States Government or a Federal reserve bank that 
may continue after the end of the period described 
in subsection (c); and 
(2) may provide for establishment of— 
(A) a holding corporation organized under 
the laws of any State of the United States or 
the District of Columbia for the purposes of the 
reorganization and restructuring of the enter-
prise; and 
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(B) one or more trusts to which to trans-
fer— 
(i) remaining debt obligations of the 
enterprise, for the benefit of holders of 
such remaining obligations; or 
(ii) remaining mortgages held for the 
purpose of backing mortgage-backed secu-
rities, for the benefit of holders of such re-
maining securities. 
TITLE VII—MISCELLANEOUS 
SEC. 701. LIMITATION ON GOVERNMENT PRINTING COSTS. 
Not later than 180 days after the date of enactment 
of this Act, the Director of the Office of Management and 
Budget shall coordinate with the heads of Federal depart-
ments and independent agencies to— 
(1) determine which Government publications 
could be available on Government Web sites and no 
longer printed and to devise a strategy to reduce 
overall Government printing costs over the 10-year 
period beginning with fiscal year 2012, except that 
the Director shall ensure that essential printed docu-
ments prepared for Social Security recipients, Medi-
care beneficiaries, and other populations in areas 
with limited Internet access or use continue to re-
main available; 
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(2) establish Governmentwide Federal guide-
lines on employee printing; 
(3) issue on the Office of Management and 
Budget’s public Web site the results of a cost-benefit 
analysis on implementing a digital signature system 
and on establishing employee printing identification 
systems, such as the use of individual employee 
cards or codes, to monitor the amount of printing 
done by Federal employees; except that the Director 
of the Office of Management and Budget shall en-
sure that Federal employee printing costs unrelated 
to national defense, homeland security, border secu-
rity, national disasters, and other emergencies do 
not exceed $860,000,000 annually; and 
(4) issue guidelines requiring every department, 
agency, commission, or office to list at a prominent 
place near the beginning of each publication distrib-
uted to the public and issued or paid for by the Fed-
eral Government— 
(A) the name of the issuing agency, de-
partment, commission, or office; 
(B) the total number of copies of the docu-
ment printed; 
(C) the collective cost of producing and 
printing all of the copies of the document; and 
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(D) the name of the firm publishing the 
document. 
SEC. 702. DEPOSIT OF IRS USER FEES AS GENERAL RE-
CEIPTS. 
Notwithstanding any other provision of law (includ-
ing section 3 under the heading ‘‘Administrative Provi-
sions—Internal Revenue Service’’ of title I of Public Law 
103–329), any fees for services provided by the Internal 
Revenue Service shall, unless otherwise provided by an ap-
propriations Act, be deposited in the Treasury as general 
receipts and shall not be expended by the Internal Rev-
enue Service. 
SEC. 703. LIMITATION OF GOVERNMENT TRAVEL COSTS. 
(a) IN GENERAL.—Notwithstanding any other provi-
sion of law, the total amount which is paid or reimbursed 
by an agency under subchapter I of chapter 57 of title 
5, United States Code (relating to travel and subsistence 
expenses; mileage allowances for official travel by Federal 
employees) may not, for any of the next 5 fiscal years be-
ginning after the date of enactment of this Act, exceed 
50 percent of the total amount so paid or reimbursed by 
such agency for the fiscal year in which such date of enact-
ment occurs. 
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(b) EXCEPTIONS.—For purposes of carrying out sub-
section (a), there shall not be taken into account the 
amounts paid or reimbursed for— 
(1) any subsistence or travel expenses for 
threatened law enforcement personnel, as described 
in section 5706a of title 5, United States Code; or 
(2) any other expenses for which an exception 
is established under subsection (c) for reasons relat-
ing to national security or public safety. 
(c) REGULATIONS.—Any regulations necessary to 
carry out this section shall, in consultation with the Direc-
tor of the Office of Management and Budget, be pre-
scribed by the same respective authorities as are respon-
sible for prescribing regulations under section 5707 of title 
5, United States Code. 
SEC. 704. REDUCTION IN FEDERAL VEHICLE COSTS. 
Notwithstanding any other provision of law— 
(1) of the amounts made available to the Gen-
eral Services Administration for the acquisition of 
new vehicles for the Federal fleet for fiscal year 
2011 and remaining unobligated as of the date of 
enactment of this Act, an amount equal to 20 per-
cent of all such amounts is rescinded; 
(2) for fiscal year 2012 and each fiscal year 
thereafter— 
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(A) the amount made available to the Gen-
eral Services Administration for the acquisition 
of new vehicles for the Federal fleet shall not 
exceed an amount equal to 80 percent of the 
amount made available for the acquisition of 
those vehicles for fiscal year 2011 (before appli-
cation of subsection (a)); and 
(B) the number of new vehicles acquired 
by the General Services Administration for the 
Federal fleet shall not exceed a number equal to 
50 percent of the vehicles so acquired for fiscal 
year 2011; and 
(3) any amounts made available under Public 
Law 111–5 for the acquisition of new vehicles for 
the Federal fleet shall be disregarded for purposes of 
determining the baseline. 
SEC. 705. REPEALS OF PROHIBITIONS ON PUBLIC-PRIVATE 
COMPETITIONS FOR CONVERSION TO CON-
TRACTOR 
PERFORMANCE 
OF 
FUNCTIONS 
PERFORMED BY FEDERAL EMPLOYEES PUR-
SUANT TO OFFICE OF MANAGEMENT AND 
BUDGET CIRCULAR A–76. 
(a) REPEALS IN PUBLIC LAW 111–117.—The fol-
lowing provisions of law are repealed: 
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(1) Section 735 of the Financial Services and 
General Government Appropriations Act, 2010 (divi-
sion C of Public Law 111–117; 123 Stat. 3214). 
(2) Section 743(g) of such Act (123 Stat. 
3218). 
(3) Section 212 of the Commerce, Justice, 
Science, and Related Agencies Appropriations Act, 
2010 (division B of Public Law 111–117; 123 Stat. 
3140). 
(b) A–76 COMPETITIONS.—Notwithstanding any 
other provision of law, an executive agency may begin, 
plan for, announce, continue, finish, or approve a study 
on public-private competition regarding the conversion to 
contractor performance of any function performed by Fed-
eral employees pursuant to Office of Management and 
Budget Circular A–76 or any other administrative regula-
tion, directive, or policy. 
SEC. 706. DEAUTHORIZATION OF APPROPRIATIONS TO 
CARRY OUT PPACA AND HCERA. 
Notwithstanding any other provision of law, no funds 
are authorized to be appropriated to carry out the provi-
sions of the Patient Protection and Affordable Care Act 
(Public Law 111–148), the Health Care and Education 
Reconciliation Act of 2010 (Public Law 111–152), and 
any amendment made by either such Act. 
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(C) in subsection (c), by redesignating 
paragraph (5) as paragraph (6) and by insert-
ing after paragraph (4) the following new para-
graph: 
‘‘(5) REPORTS ON SEQUESTRATION TO REDUCE 
THE DEFICIT.—The preview reports shall set forth 
for the budget year estimates for each of the fol-
lowing: 
‘‘(A) The aggregate amount designated 
under section 6097 of the Internal Revenue 
Code of 1986 for the last calendar year ending 
before the budget year. 
‘‘(B) The amount of reductions required 
under section 253A and the deficit remaining 
after those reductions have been made. 
‘‘(C) The sequestration percentage nec-
essary to achieve the required reduction in ac-
counts under section 253A(a).’’; and 
(D) in subsection (f), by redesignating 
paragraphs (4) and (5) as paragraphs (5) and 
(6), respectively, and by inserting after para-
graph (3) the following new paragraph: 
‘‘(4) REPORTS ON SEQUESTRATION TO REDUCE 
THE DEFICIT.—The final reports shall contain all of 
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