2204 
•HRES 1512 EH 
title V of the National Security Act of 1947 (50 U.S.C. 
3091 et seq.) or any authorized intelligence, law enforce-
ment, or national security activities of the United States. 
(2) EXCEPTION TO COMPLY WITH INTERNATIONAL 
AGREEMENTS.—Sanctions under subsection (b)(2) may 
not apply with respect to the admission of an alien to 
the United States if such admission is necessary to com-
ply with the obligations of the United States under the 
Agreement regarding the Headquarters of the United 
Nations, signed at Lake Success June 26, 1947, and en-
tered into force November 21, 1947, between the United 
Nations and the United States, or the Convention on 
Consular Relations, done at Vienna April 24, 1963, and 
entered into force March 19, 1967, or other inter-
national obligations. 
(3) HUMANITARIAN
EXEMPTION.—The President 
shall not impose sanctions under this section with re-
spect to any person for conducting or facilitating a 
transaction for the sale of agricultural commodities, 
food, medicine, or medical devices or for the provision of 
humanitarian assistance. 
(4) EXCEPTION
RELATING
TO
IMPORTATION
OF 
GOODS.— 
(A) IN GENERAL.—The requirement or author-
ity to impose sanctions under this section shall not
2205 
•HRES 1512 EH 
include the authority or a requirement to impose 
sanctions on the importation of goods. 
(B) GOOD DEFINED.—In this paragraph, the 
term ‘‘good’’ means any article, natural or man-
made substance, material, supply, or manufactured 
product, including inspection and test equipment, 
and excluding technical data. 
(g) DEFINITIONS.—In this section: 
(1) The terms ‘‘admission’’, ‘‘admitted’’, ‘‘alien’’, 
and ‘‘lawfully admitted for permanent residence’’ have 
the meanings given those terms in section 101 of the 
Immigration and Nationality Act (8 U.S.C. 1101). 
(2) The term ‘‘foreign person’’ means an individual 
or entity that is not a United States person. 
(3) The term ‘‘knowingly’’, with respect to conduct, 
a circumstance, or a result, means that a person has ac-
tual knowledge, or should have known, of the conduct, 
the circumstance, or the result. 
(4) The term ‘‘United States person’’ means— 
(A) a United States citizen or an alien lawfully 
admitted for permanent residence to the United 
States; 
(B) an entity organized under the laws of the 
United States or any jurisdiction within the United
2206 
•HRES 1512 EH 
States, including a foreign branch of such an entity; 
or 
(C) any person in the United States. 
SEC. 5591. RENEGOTIATION OF COMPACTS OF FREE ASSOCIA-
TION. 
(a) SENSE OF CONGRESS.—It is the sense of Congress 
as follows: 
(1) The United States shares deep ties, history and 
interests with the Freely Associated States of the Repub-
lic of the Marshall Islands, Federated States of Micro-
nesia, and Palau and continues a special, unique and 
mutually beneficial relationship with them under the dec-
ades-old Compacts of Free Association. 
(2) Under the Compacts, the United States has un-
dertaken the responsibility and obligation to provide and 
ensure the security and defense of the Freely Associated 
States. 
(3) The Compacts are critical to the national secu-
rity of the United States and its allies and partners and 
are the bedrock of the United States role in the Pacific. 
(4) Renewal of key provisions of the Compacts, now 
being renegotiated with each nation, is critical for re-
gional security. 
(5) Maintaining and strengthening the Compacts 
supports both United States national security and the
2207 
•HRES 1512 EH 
United States responsibility for the security and defense 
of the Freely Associated States. 
(b) BRIEFING ON RENEGOTIATIONS.—Not later than 90 
days after the date of the enactment of this Act, the Sec-
retary of State, in coordination with the Secretary of Defense 
and the Secretary of the Interior, shall brief the following 
committees on the status of the renegotiations of the Com-
pacts of Free Association described in subsection (a) and op-
portunities to expand its support for the renegotiations: 
(1) The congressional defense committees. 
(2) The Committee on Foreign Affairs and the 
Committee on Natural Resources of the House of Rep-
resentatives. 
(3) The Committee on Foreign Relations and the 
Committee on Energy and Natural Resources of the 
Senate. 
SEC. 5592. SECRETARY OF STATE ASSISTANCE FOR PRISONERS 
IN ISLAMIC REPUBLIC OF IRAN. 
(a) STATEMENT OF POLICY.—It is the policy of the 
United States that— 
(1) the Islamic Republic of Iran should allow the 
United Nations Special Rapporteur on the Situation of 
Human Rights in the Islamic Republic of Iran 
unimpeded access to facilitate the full implementation of
2208 
•HRES 1512 EH 
the mandate of the United Nations Special Rapporteur, 
including— 
(A) investigating alleged violations of human 
rights that are occurring or have occurred both 
within prisons and elsewhere; 
(B) transmitting urgent appeals and letters to 
the Islamic Republic of Iran regarding alleged viola-
tions of human rights; and 
(C) engaging with relevant stakeholders in the 
Islamic Republic of Iran and the surrounding re-
gion; 
(2) the Islamic Republic of Iran should immediately 
end violations of the human rights of political prisoners 
or persons imprisoned for exercising the right to freedom 
of speech, including— 
(A) torture; 
(B) denial of access to health care; and 
(C) denial of a fair trial; 
(3) all prisoners of conscience and political pris-
oners in the Islamic Republic of Iran should be uncondi-
tionally and immediately released; 
(4) all diplomatic tools of the United States should 
be invoked to ensure that all prisoners of conscience and 
political prisoners in the Islamic Republic of Iran are re-
2209 
•HRES 1512 EH 
leased, including raising individual cases of particular 
concern; and 
(5) all officials of the government of the Islamic Re-
public of Iran who are responsible for human rights 
abuses in the form of politically motivated imprisonment 
should be held to account, including through the imposi-
tion of sanctions pursuant to the Global Magnitsky 
Human Rights Accountability Act (22 U.S.C. 10101 et 
seq.) and other applicable statutory authorities of the 
United States. 
(b) ASSISTANCE
FOR PRISONERS.—The Secretary of 
State is authorized to continue to provide assistance to civil 
society organizations that support prisoners of conscience and 
political prisoners in the Islamic Republic of Iran, including 
organizations that— 
(1) work to secure the release of such prisoners; 
(2) document violations of human rights with re-
spect to such prisoners; 
(3) support international advocacy to raise aware-
ness of issues relating to such prisoners; 
(4) support the health, including mental health, of 
such prisoners; and 
(5) provide post-incarceration assistance to enable 
such prisoners to resume normal lives, including access 
to education, employment, or other forms of reparation.
2210 
•HRES 1512 EH 
(c) DEFINITIONS.—In this section: 
(1) The term ‘‘political prisoner’’ means a person 
who has been detained or imprisoned on politically moti-
vated grounds. 
(2) The term ‘‘prisoner of conscience’’ means a per-
son who— 
(A) is imprisoned or otherwise physically re-
stricted solely in response to the peaceful exercise of 
the human rights of such person; and 
(B) has not used violence or advocated violence 
or hatred. 
SEC. 5593. IRAN NUCLEAR WEAPONS CAPABILITY AND TER-
RORISM MONITORING ACT OF 2022. 
(a) SHORT TITLE.—This section may be cited as the 
‘‘Iran Nuclear Weapons Capability and Terrorism Monitoring 
Act of 2022’’. 
(b) SENSE OF CONGRESS.—It is the sense of Congress 
that— 
(1) an Islamic Republic of Iran that possesses a nu-
clear weapons capability would be a serious threat to the 
national security of the United States, Israel, and other 
allies and partners; 
(2) the Islamic Republic of Iran has been less than 
cooperative with international inspectors from the Inter-
national Atomic Energy Agency and has obstructed their
2211 
•HRES 1512 EH 
ability to inspect facilities as well as data and recordings 
collected by surveillance equipment across Iran; 
(3) the Islamic Republic of Iran continues to ad-
vance missile and drone programs, which are a threat to 
the national security of the United States, Israel, and 
other allies and partners; 
(4) the Islamic Republic of Iran continues to sup-
port proxies in the Middle East in a manner that— 
(A) undermines the sovereignty of regional 
governments; 
(B) threatens the safety of United States citi-
zens; 
(C) threatens United States allies and part-
ners; and 
(D) directly undermines the national security 
interests of the United States; 
(5) the Islamic Republic of Iran has engaged in as-
sassination plots against former United States officials 
and has been implicated in plots to kidnap United States 
citizens within the United States; 
(6) the Islamic Republic of Iran is engaged in un-
safe and unprofessional maritime activity that threatens 
the movement of naval vessels of the United States and 
the free flow of commerce through strategic maritime 
chokepoints in the Middle East and North Africa;
2212 
•HRES 1512 EH 
(7) the Islamic Republic of Iran has delivered hun-
dreds of armed drones to the Russian Federation, which 
will enable Vladimir Putin to continue the assault 
against Ukraine in direct opposition of the national secu-
rity interests of the United States; and 
(8) the United States must— 
(A) ensure that the Islamic Republic of Iran 
does not acquire a nuclear weapons capability; 
(B) protect against aggression from the Is-
lamic Republic of Iran manifested through its mis-
siles and drone programs; and 
(C) counter regional and global terrorism of 
the Islamic Republic of Iran in a manner that mini-
mizes the threat posed by state and non-state actors 
to the interests of the United States. 
(c) DEFINITIONS.—In this section: 
(1) APPROPRIATE CONGRESSIONAL COMMITTEES.— 
The 
term 
‘‘appropriate 
congressional 
committees’’ 
means— 
(A) the Committee on Foreign Relations, the 
Committee on Appropriations, the Committee on 
Armed Services, the Committee on Energy and Nat-
ural Resources, and the Select Committee on Intel-
ligence of the Senate; and
2213 
•HRES 1512 EH 
(B) the Committee on Foreign Affairs, the 
Committee on Appropriations, the Committee on 
Armed Services, the Committee on Energy and 
Commerce, and the Permanent Select Committee on 
Intelligence of the House of Representatives. 
(2) COMPREHENSIVE SAFEGUARDS AGREEMENT.— 
The term ‘‘Comprehensive Safeguards Agreement’’ 
means the Agreement between the Islamic Republic of 
Iran and the International Atomic Energy Agency for 
the Application of Safeguards in Connection with the 
Treaty on the Non-Proliferation of Nuclear Weapons, 
done at Vienna June 19, 1973. 
(3) INTELLIGENCE COMMUNITY.—The term ‘‘intel-
ligence community’’ has the meaning given the term in 
section 3 of the National Security Act of 1947 (50 
U.S.C. 3003). 
(4) TASK FORCE.—The term ‘‘task force’’ means 
the task force established under subsection (d). 
(5) UNMANNED AIRCRAFT SYSTEM.—The term ‘‘un-
manned aircraft system’’ has the meaning given the 
term in section 44801 of title 49, United States Code. 
(d) ESTABLISHMENT OF INTERAGENCY TASK FORCE ON 
NUCLEAR ACTIVITY AND GLOBAL REGIONAL TERRORISM OF 
THE ISLAMIC REPUBLIC OF IRAN.—
2214 
•HRES 1512 EH 
(1) ESTABLISHMENT.—The Secretary of State shall 
establish a task force to coordinate and synthesize ef-
forts by the United States Government regarding— 
(A) nuclear activity of the Islamic Republic of 
Iran or its proxies; and 
(B) regional and global terrorism activity by 
the Islamic Republic of Iran or its proxies. 
(2) COMPOSITION.— 
(A) CHAIRPERSON.—The Secretary of State 
shall be the Chairperson of the task force. 
(B) MEMBERSHIP.— 
(i) IN GENERAL.—The task force shall be 
composed of individuals, each of whom shall be 
an employee of and appointed to the task force 
by the head of one of the following agencies: 
(I) The Department of State. 
(II) The Department of Defense. 
(III) The Department of Energy. 
(ii) ADDITIONAL MEMBERS.—The Chair-
person may appoint to the task force additional 
individuals from other Federal agencies, as the 
Chairperson considers necessary. 
(iii) INTELLIGENCE
COMMUNITY
SUP-
PORT.—The Director of National Intelligence 
shall ensure that the task force receives all ap-
2215 
•HRES 1512 EH 
propriate support from the intelligence commu-
nity. 
(3) SUNSET.—The task force shall terminate on 
December 31, 2028. 
(e) ASSESSMENTS.— 
(1) INTELLIGENCE ASSESSMENT ON NUCLEAR AC-
TIVITY.— 
(A) IN GENERAL.—Not later than 120 days 
after the date of the enactment of this Act, and 
every 180 days thereafter until December 31, 2028, 
the Director of National Intelligence shall submit to 
the appropriate congressional committees an assess-
ment regarding any uranium enrichment, nuclear 
weapons development, delivery vehicle development, 
and associated engineering and research activities of 
the Islamic Republic of Iran. 
(B) CONTENTS.—The assessment required by 
subparagraph (A) shall include— 
(i) a description and location of current 
fuel cycle activities for the production of fissile 
material being undertaken by the Islamic Re-
public of Iran, including— 
(I) research and development activi-
ties to procure or construct additional ad-
vanced IR-2, IR-6 and other model cen-
2216 
•HRES 1512 EH 
trifuges and enrichment cascades, includ-
ing for stable isotopes; 
(II) research and development of re-
processing capabilities, including— 
(aa) reprocessing of spent fuel; 
and 
(bb) extraction of medical iso-
topes from irradiated uranium tar-
gets; 
(III) activities with respect to design-
ing or constructing reactors, including— 
(aa) the construction of heavy 
water reactors; 
(bb) the manufacture or pro-
curement of reactor components, in-
cluding the intended application of 
such components; and 
(cc) efforts to rebuild the origi-
nal reactor at Arak; 
(IV) uranium mining, concentration, 
conversion, and fuel fabrication, includ-
ing— 
(aa) estimated uranium ore pro-
duction capacity and annual recovery;
2217 
•HRES 1512 EH 
(bb) recovery processes and ore 
concentrate production capacity and 
annual recovery; 
(cc) research and development 
with respect to, and the annual rate 
of, conversion of uranium; and 
(dd) research and development 
with respect to the fabrication of re-
actor fuels, including the use of de-
pleted, natural, and enriched ura-
nium; and 
(V) activities with respect to— 
(aa) producing or acquiring plu-
tonium or uranium (or their alloys); 
(bb) conducting research and de-
velopment on plutonium or uranium 
(or their alloys); 
(cc) uranium metal; or 
(dd) casting, forming, or ma-
chining plutonium or uranium; 
(ii) with respect to any activity described 
in clause (i), a description, as applicable, of— 
(I) the number and type of cen-
trifuges used to enrich uranium and the 
operating status of such centrifuges;
2218 
•HRES 1512 EH 
(II) the number and location of any 
enrichment or associated research and de-
velopment facility used to engage in such 
activity; 
(III) the amount of heavy water, in 
metric tons, produced by such activity and 
the acquisition or manufacture of major 
reactor components, including, for the sec-
ond and subsequent assessments, the 
amount produced since the last assess-
ment; 
(IV) the number and type of fuel as-
semblies produced by the Islamic Republic 
of Iran, including failed or rejected assem-
blies; and 
(V) the total amount of— 
(aa) uranium–235 enriched to 
not greater than 5 percent purity; 
(bb) uranium–235 enriched to 
greater than 5 percent purity and not 
greater than 20 percent purity; 
(cc) uranium–235 enriched to 
greater than 20 percent purity and 
not greater than 60 percent purity;
2219 
•HRES 1512 EH 
(dd) uranium–235 enriched to 
greater than 60 percent purity and 
not greater than 90 percent purity; 
and 
(ee) 
uranium–235 
enriched 
greater than 90 percent purity; 
(iii) a description of any weaponization 
plans and weapons development capabilities of 
the Islamic Republic of Iran, including— 
(I) plans and capabilities with respect 
to— 
(aa) weapon design, including 
fission, warhead miniaturization, and 
boosted 
and 
early 
thermonuclear 
weapon design; 
(bb) high yield fission develop-
ment; 
(cc) design, development, acqui-
sition, or use of computer models to 
simulate nuclear explosive devices; 
(dd) design, development, fabri-
cating, acquisition, or use of explo-
sively driven neutron sources or spe-
cialized materials for explosively driv-
en neutron sources; and
2220 
•HRES 1512 EH 
(ee) design, development, fab-
rication, acquisition, or use of preci-
sion machining and tooling that could 
enable the production of nuclear ex-
plosive device components; 
(II) the ability of the Islamic Repub-
lic of Iran to deploy a working or reliable 
delivery vehicle capable of carrying a nu-
clear warhead; 
(III) the estimated breakout time for 
the Islamic Republic of Iran to develop 
and deploy a nuclear weapon, including a 
crude nuclear weapon; and 
(IV) the status and location of any 
research and development work site re-
lated to the preparation of an under-
ground nuclear test; 
(iv) an identification of any clandestine 
nuclear facilities; 
(v) an assessment of whether the Islamic 
Republic of Iran maintains locations to store 
equipment, research archives, or other material 
previously used for a weapons program or that 
would be of use to a weapons program that the
2221 
•HRES 1512 EH 
Islamic Republic of Iran has not declared to 
the International Atomic Energy Agency; 
(vi) any diversion by the Islamic Republic 
of Iran of uranium, carbon-fiber, or other ma-
terials for use in an undeclared or clandestine 
facility; 
(vii) an assessment of activities related to 
developing or acquiring the capabilities for the 
production of nuclear weapons, conducted at 
facilities controlled by the Ministry of Defense 
and Armed Forces Logistics of Iran, the Is-
lamic Revolutionary Guard Corps, and the Or-
ganization of Defensive Innovation and Re-
search, including an analysis of gaps in knowl-
edge; 
(viii) a description of activities between 
the Islamic Republic of Iran and other coun-
tries or persons with respect to sharing infor-
mation on, or providing other forms of support 
for, the acquisition of a nuclear weapons capa-
bility or activities related to weaponization; 
(ix) with respect to any new ballistic, 
cruise, or hypersonic missiles being designed 
and tested by the Islamic Republic of Iran or 
any of its proxies, a description of—
2222 
•HRES 1512 EH 
(I) the type of missile; 
(II) the range of such missiles; 
(III) the capability of such missiles to 
deliver a nuclear warhead; 
(IV) the number of such missiles; and 
(V) any testing of such missiles; 
(x) an assessment of whether the Islamic 
Republic of Iran or any of its proxies possesses 
an unmanned aircraft system or other military 
equipment capable of delivering a nuclear 
weapon; and 
(xi) an assessment of the extent to which 
the Islamic Republic of Iran is providing 
drones, missiles, or related technology from 
other countries to its proxies or partners. 
(2) ASSESSMENT ON SUPPORT FOR REGIONAL AND 
GLOBAL
TERRORISM
OF
THE
ISLAMIC
REPUBLIC
OF 
IRAN.— 
(A) IN GENERAL.—Not later than 120 days 
after the date of the enactment of this Act, and an-
nually thereafter until December 31, 2028, the Di-
rector of National Intelligence shall submit to the 
appropriate congressional committees an assessment 
regarding the regional and global terrorism of the 
Islamic Republic of Iran.
2223 
•HRES 1512 EH 
(B) CONTENTS.—The assessment required by 
subparagraph (A) shall include— 
(i) a description of the lethal support of 
the Islamic Republic of Iran, including train-
ing, equipment, and associated intelligence sup-
port, to regional and global non-state terrorist 
groups and proxies; 
(ii) a description of the lethal support of 
the Islamic Republic of Iran, including training 
and equipment, to state actors; 
(iii) an assessment of financial support of 
the Islamic Republic of Iran to non-state ter-
rorist groups and proxies and associated Ira-
nian revenue streams funding such support; 
(iv) an assessment of the threat posed by 
the Islamic Republic of Iran and Iranian-sup-
ported groups to members of the Armed 
Forces, diplomats, and military and diplomatic 
facilities of the United States; 
(v) a description of attacks by, or spon-
sored by, the Islamic Republic of Iran against 
members of the Armed Forces, diplomats, and 
military and diplomatic facilities of the United 
States and the associated response by the
2224 
•HRES 1512 EH 
United States Government in the previous 
year; 
(vi) a description of attacks by, or spon-
sored by, the Islamic Republic of Iran against 
United States partners or allies and the associ-
ated response by the United States Govern-
ment in the previous year; 
(vii) an assessment of interference by the 
Islamic Republic of Iran into the elections and 
political processes of sovereign countries in the 
Middle East and North Africa in an effort to 
create conditions for or shape agendas more fa-
vorable to the policies of the Government of the 
Islamic Republic of Iran; 
(viii) a description of any plots by the Is-
lamic Republic of Iran against former and cur-
rent United States officials; 
(ix) a description of any plots by the Is-
lamic Republic of Iran against United States 
citizens both abroad and within the United 
States; and 
(x) a description of maritime activity of 
the Islamic Republic of Iran and associated im-
pacts on the free flow of commerce and the na-
tional security interests of the United States.
2225 
•HRES 1512 EH 
(3) FORM; PUBLIC AVAILABILITY; DUPLICATION.— 
(A) FORM.—Each assessment required by this 
subsection shall be submitted in unclassified form 
but may include a classified annex for information 
that, if released, would be detrimental to the na-
tional security of the United States. In addition, 
any classified portion may contain an additional 
annex provided to the congressional intelligence 
committees that details information and analysis 
that would otherwise disclose sensitive sources and 
methods. 
(B) PUBLIC AVAILABILITY.—The unclassified 
portion of an assessment required by this subsection 
shall be made available to the public on an internet 
website of the Office of the Director of National In-
telligence. 
(C) DUPLICATION.—For any assessment re-
quired by this subsection, the Director of National 
Intelligence may rely upon existing products that 
reflect the current analytic judgment of the intel-
ligence community, including reports or products 
produced in response to congressional mandate or 
requests from executive branch officials.
2226 
•HRES 1512 EH 
(f) DIPLOMATIC STRATEGY
TO ADDRESS IDENTIFIED 
NUCLEAR, BALLISTIC MISSILE, AND TERRORISM THREATS 
TO THE UNITED STATES.— 
(1) IN GENERAL.—Not later than 30 days after the 
submission of the initial assessment under subsection 
(e)(1), and annually thereafter until December 31, 2028, 
the Secretary of State, in consultation with the task 
force, shall submit to the appropriate congressional com-
mittees a diplomatic strategy that outlines a comprehen-
sive plan for engaging with partners and allies of the 
United States regarding uranium enrichment, nuclear 
weaponization, missile development, and drone-related 
activities and regional and global terrorism of the Is-
lamic Republic of Iran. 
(2) CONTENTS.—The diplomatic strategy required 
by paragraph (1) shall include— 
(A) an assessment of whether the Islamic Re-
public of Iran— 
(i) is in compliance with the Comprehen-
sive Safeguards Agreement and modified Code 
3.1 of the Subsidiary Arrangements to the 
Comprehensive Safeguards Agreement as well 
as the nuclear related commitments endorsed 
in United Nations Security Council Resolution 
2231 (2015); and
2227 
•HRES 1512 EH 
(ii) has denied access to sites that the 
International Atomic Energy Agency has 
sought to inspect during previous 1-year pe-
riod; 
(B) a description of any dual-use item (as de-
fined under section 730.3 of title 15, Code of Fed-
eral Regulations or listed on the List of Nuclear-Re-
lated Dual-Use Equipment, Materials, Software, 
and Related Technology issued by the Nuclear Sup-
pliers Group or any successor list) the Islamic Re-
public of Iran is using to further the nuclear weap-
on, missile, or drone program; 
(C) a description of efforts of the United 
States to counter efforts of the Islamic Republic of 
Iran to project political and military influence into 
the Middle East; 
(D) a description of efforts to address the in-
creased threat that new or evolving uranium enrich-
ment, nuclear weaponization, missile, or drone de-
velopment activities by the Islamic Republic of Iran 
pose to United States citizens, the diplomatic pres-
ence of the United States in the Middle East, and 
the national security interests of the United States; 
(E) a description of efforts to address the 
threat that terrorism by, or sponsored by, the Is-
2228 
•HRES 1512 EH 
lamic Republic of Iran poses to United States citi-
zens, the diplomatic presence of the United States 
in the Middle East, and the national security inter-
ests of the United States; 
(F) a description of efforts to address the im-
pact of the influence of the Islamic Republic of Iran 
on sovereign governments on the safety and security 
of United States citizens, the diplomatic presence of 
the United States in the Middle East, and the na-
tional security interests of the United States; 
(G) a description of a coordinated whole-of- 
government approach to use political, economic, and 
security related tools to address such activities; and 
(H) a comprehensive plan for engaging with al-
lies and regional partners in all relevant multilateral 
fora to address such activities. 
(3) UPDATED STRATEGY RELATED TO NOTIFICA-
TION.—Not later than 45 days after the Chairperson de-
termines that there has been a significant development 
in the nuclear weapons capability or nuclear weapons de-
livery systems capability of the Islamic Republic of Iran, 
the Secretary of State shall submit to the appropriate 
congressional committees an update to the most recent 
diplomatic strategy submitted under paragraph (1).
2229 
•HRES 1512 EH 
Subtitle H—Reports 
SEC. 5594. MODIFICATION TO PEACEKEEPING OPERATIONS RE-
PORT. 
Section 6502 of the National Defense Authorization Act 
for Fiscal Year 2022 (22 U.S.C. 2348 note) is amended— 
(1) in subsection (a)— 
(A) by amending paragraph (4) to read as fol-
lows: 
‘‘(4) As applicable, a description of specific training 
on monitoring and adhering to international human 
rights and humanitarian law provided to the foreign 
country or entity receiving the assistance.’’; and 
(B) by striking paragraphs (7) and (8); 
(2) in subsection (b)— 
(A) in the subsection heading, by striking ‘‘ON 
PROGRAMS UNDER PEACEKEEPING OPERATIONS 
ACCOUNT’’; and 
(B) in paragraph (1), in the matter preceding 
subparagraph (A)— 
(i) by inserting ‘‘authorized under section 
551 of the Foreign Assistance Act of 1961 (22 
U.S.C. 2348) and’’ after ‘‘security assistance’’; 
and 
(ii) by striking ‘‘foreign countries’’ and all 
that follows through the colon and inserting
2230 
•HRES 1512 EH 
‘‘foreign countries for any of the following pur-
poses:’’; 
(3) by redesignating subsection (c) as subsection 
(d); and 
(4) by inserting after subsection (b), as amended, 
the following: 
‘‘(c) COORDINATION OF SUBMISSION.—The Secretary of 
State is authorized to integrate the elements of the report re-
quired by subsection (b) into other reports required to be 
submitted annually to the appropriate congressional commit-
tees.’’. 
SEC. 5595. REPORT ON INDO-PACIFIC REGION. 
(a) IN GENERAL.— 
(1) IN GENERAL.—Not later than one year after the 
date of the enactment of this Act, the Assistant Sec-
retary of State for the Bureau of East Asian and Pacific 
Affairs, in coordination with the Assistant Secretary of 
State for the Bureau of South and Central Asian Affairs 
and Assistant Administrator for the Bureau for Asia of 
the United States Agency for International Development 
(USAID), shall submit to the congressional foreign af-
fairs committees a report that contains a 2-year strategy 
assessing the resources and activities required to achieve 
the policy objectives described in subsection (c).
2231 
•HRES 1512 EH 
(2) SUBMISSION
AND
UPDATE.—The report and 
strategy required by this subsection shall— 
(A) be submitted at the same time as the sub-
mission of the budget of the President (submitted 
to Congress pursuant to section 1105 of title 31, 
United States Code) for fiscal year 2024; and 
(B) be updated and submitted at the same 
time as the submission of the budget of the Presi-
dent (submitted to Congress pursuant to section 
1105 of title 31, United States Code) for fiscal 
years 2026, 2028, and 2030. 
(b) CRITERIA.—The report and strategy required in sub-
section (a) shall be developed in accordance with the following 
criteria: 
(1) It shall reflect the objective, autonomous, and 
independent assessment of the activities, resources, and 
costs required to achieve objectives detailed in subsection 
(c) by the principals, the subordinate and parallel offices 
providing input into the assessment. 
(2) It shall cover a period of five fiscal years, begin-
ning with the fiscal year following the fiscal year in 
which the report is submitted. 
(3) It shall incorporate input from United States 
Ambassadors in the Indo-Pacific region provided explic-
itly for the required report.
2232 
•HRES 1512 EH 
(4) It may include information gathered through 
consultation with program offices and subject matter ex-
perts in relevant functional bureaus, as deemed nec-
essary by the principals. 
(5) It shall not be subject to fiscal guidance or glob-
al strategic tradeoffs associated with the annual Presi-
dent’s budget request. 
(c) POLICY OBJECTIVES.—The report and strategy re-
quired in subsection (a) shall assess the activities and re-
sources required to achieve the following policy objectives: 
(1) Implementing the Interim National Security 
Strategic Guidance, or the most recent National Security 
Strategy, with respect to the Indo-Pacific region. 
(2) Implementing the 2022 Indo-Pacific Strategy, 
or successor documents, that set forth the United States 
Government strategy toward the Indo-Pacific region. 
(3) Implementing the State-USAID Joint Strategic 
Plan with respect to the Indo-Pacific region. 
(4) Enhancing meaningful diplomatic and economic 
relations with allies and partners in the Indo-Pacific and 
demonstrate an enduring United States commitment to 
the region. 
(5) Securing and advancing United States national 
interests in the Indo-Pacific, including through coun-
2233 
•HRES 1512 EH 
tering the malign influence of the Government of the 
People’s Republic of China. 
(d) MATTERS TO BE INCLUDED.—The report and strat-
egy required under subsection (a) shall include the following: 
(1) A description of the Bureaus’ bilateral and mul-
tilateral goals for the period covered in the report that 
the principals deem necessary to accomplish the objec-
tives outlined in subsection (c), disaggregated by country 
and forum. 
(2) A timeline with annual benchmarks for achiev-
ing the objectives described in subsection (c). 
(3) An assessment of the sufficiency of United 
States diplomatic personnel and facilities currently avail-
able in the Indo-Pacific region to achieve the objectives 
outlined in subsection (c), through consultation with 
United States embassies in the region. The assessment 
shall include: 
(A) A list, in priority order, of locations in the 
Indo-Pacific region that require additional diplo-
matic personnel or facilities. 
(B) A description of locations where the United 
States may be able to collocate diplomatic personnel 
at allied or partner embassies and consulates.
2234 
•HRES 1512 EH 
(C) A discussion of embassies or consulates 
where diplomatic staff could be reduced within the 
Indo-Pacific region, where appropriate. 
(D) A detailed description of the fiscal and 
personnel resources required to fill gaps identified. 
(4) A detailed plan to expand United States diplo-
matic engagement and foreign assistance presence in the 
Pacific Island nations within the next five years, includ-
ing a description of ‘‘quick impact’’ programs that can 
be developed and implemented within the first fiscal year 
of the period covered in the report. 
(5) A discussion of the resources needed to enhance 
United States strategic messaging and spotlight coercive 
behavior by the People’s Republic of China. 
(6) A detailed description of the resources and pol-
icy tools needed to expand the United States ability to 
offer high-quality infrastructure projects in strategically 
significant parts of the Indo-Pacific region, with a par-
ticular focus on expanding investments in Southeast 
Asia and the Pacific Islands. 
(7) A gap assessment of security assistance by 
country, and of the resources needed to fill those gaps. 
(8) A description of the resources and policy tools 
needed to facilitate continued private sector investment 
in partner countries in the Indo-Pacific.
2235 
•HRES 1512 EH 
(9) A discussion of any additional bilateral or re-
gional assistance resources needed to achieve the objec-
tives outlined in subsection (c), as deemed necessary by 
the principals. 
(e) FORM.—The report required under subsection (a) 
shall be submitted in an unclassified form, but may include 
a classified annex. 
(f) AVAILABILITY.—Not later than February 1 each 
year, the Assistant Secretary for East Asian and Pacific Af-
fairs shall make the report and strategy available to the Sec-
retary of State, the Administrator of the USAID, the Deputy 
Secretary of State, the Deputy Secretary of State for Man-
agement and Resources, the Deputy Administrator for Policy 
and Programming, the Deputy Administrator for Manage-
ment and Resources, the Under Secretary of State for Polit-
ical Affairs, the Director of the Office of Foreign Assistance 
at the Department of State, the Director of the Bureau of 
Foreign Assistance at the USAID, and the Director of Policy 
Planning. 
(g) DEFINITIONS.—In this section: 
(1) INDO-PACIFIC REGION.—The term ‘‘Indo-Pacific 
region’’ means the countries under the jurisdiction of the 
Bureau for East Asian and Pacific Affairs, as well as 
the countries of Bangladesh, Bhutan, India, Maldives, 
Nepal, Pakistan, and Sri Lanka.
2236 
•HRES 1512 EH 
(2) FOREIGN
AFFAIRS
COMMITTEES.—The term 
‘‘foreign affairs committees’’ means— 
(A) the Committee on Foreign Relations and 
the Subcommittee on State, Foreign Operations, 
and Related Programs of the Committee on Appro-
priations of the Senate; and 
(B) the Committee on Foreign Affairs and the 
Subcommittee on State, Foreign Operations, Re-
lated Programs of the Committee on Appropriations 
of the House of Representatives. 
(3) PRINCIPALS.—The term ‘‘principals’’ means the 
Assistant Secretary of State for the Bureau of East 
Asian and Pacific Affairs, the Assistant Secretary of 
State for the Bureau of South and Central Asian Af-
fairs, and the Assistant Administrator for the Bureau 
for Asia of the United States Agency for International 
Development. 
SEC. 5596. REPORT ON HUMANITARIAN SITUATION AND FOOD 
SECURITY IN LEBANON. 
(a) REPORT REQUIRED.—Not later than 90 days after 
the date of the enactment of this Act, the Secretary of State, 
in consultation with the Secretary of Defense and in coordi-
nation with the Administrator of the United States Agency 
for International Development, shall submit to the appro-
priate congressional committees a report that contains an
2237 
•HRES 1512 EH 
evaluation of the humanitarian situation in Lebanon, as well 
as the impact of the deficit of wheat imports due to Russia’s 
further invasion of Ukraine, initiated on February 24, 2022. 
(b) ELEMENTS.—The report required by subsection (a) 
shall include the following elements: 
(1) The projected increase in malnutrition in Leb-
anon. 
(2) The estimated increase in the number of food 
insecure individuals in Lebanon. 
(3) The estimated number of individuals who will be 
faced with acute malnutrition due to food price inflation 
in Lebanon. 
(4) Actions United States Government allies and 
partners are taking to address the matters described in 
paragraphs (1), (2), and (3). 
(5) The potential impact of food insecurity in Leb-
anon on Department of Defense goals and objectives in 
Lebanon. 
(c) FORM OF REPORT.—The report required by sub-
section (a) shall be submitted in an unclassified form, but 
may contain a classified annex. 
(d) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congressional 
committees’’ means—
2238 
•HRES 1512 EH 
(1) the Committee on Armed Services, the Com-
mittee on Foreign Relations, and the Committee on Ap-
propriations of the Senate; and 
(2) the Committee on Armed Services, the Com-
mittee on Foreign Affairs, and the Committee on Appro-
priations of the House of Representatives. 
SEC. 5597. STATEMENT OF POLICY AND REPORT ON ENGAGING 
WITH NIGER. 
(a) STATEMENT OF POLICY.—It is the policy of the 
United States to— 
(1) continue to support Niger’s efforts to advance 
democracy, good governance, human rights, and regional 
security within its borders through bilateral assistance 
and multilateral initiatives; 
(2) enhance engagement and cooperation with the 
Nigerien Government at all levels as a key component of 
stabilizing the Sahel, where frequent coups and other 
anti-democratic movements, food insecurity, violent ex-
tremism, and armed conflict threaten to further weaken 
governments throughout the region; and 
(3) work closely with partners and allies throughout 
the international community to elevate Niger, which ex-
perienced its first democratic transition of power in 
2021, as an example of transitioning from longstanding
2239 
•HRES 1512 EH 
military governance and a cycle of coups to a demo-
cratic, civilian-led form of government. 
(b) REPORT REQUIRED.—Not later than 180 days after 
the date of the enactment of this Act, the Secretary of State, 
in consultation with the heads of relevant departments and 
agencies, shall submit to the appropriate congressional com-
mittees a report on interagency efforts to enhance United 
States engagement with Niger as a key component of the 
United States Strategy toward the Sahel. Such report shall 
also include the following information with respect to the 2 
fiscal years preceding the date of the submission of the re-
port: 
(1) A description of United States efforts to pro-
mote democracy, political pluralism, fiscal transparency 
and other good governance initiatives, human rights and 
the rule of law, and a robust and engaged civil society. 
(2) A full, detailed breakdown of United States as-
sistance provided to help the Nigerien Government de-
velop a comprehensive national security strategy, includ-
ing to counter terrorism, regional and transnational or-
ganized crime, intercommunal violence, and other forms 
of armed conflict, criminal activity, and other threats to 
United States and Nigerien national security. 
(3) An analysis of relevant resources at the United 
States Embassy in Niamey, including whether staff in
2240 
•HRES 1512 EH 
place by the end of the current fiscal year will be suffi-
cient to meet various country and regional strategic ob-
jectives. 
(4) An overview of foreign partner support for 
Niger’s intelligence and security sector. 
(5) A detailed description of United States and 
international efforts to address food insecurity in Niger, 
including that which is caused by deforestation, 
desertification, and other climate change-related issues. 
(6) A breakdown of United States funds obligated 
for humanitarian assistance in Niger, and an analysis of 
how the security situation in Niger has affected humani-
tarian operations and diplomatic engagement throughout 
the country. 
(7) An assessment of foreign malign influence in 
Niger, with a specific focus on the People’s Republic of 
China, the Russian Federation, and their proxies. 
(c) FORM.—The report required by subsection (b) shall 
be submitted in unclassified form, and may include a classi-
fied annex. 
(d) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congressional 
committees’’ means—
2241 
•HRES 1512 EH 
(1) the Committee on Foreign Affairs and the Com-
mittee on Financial Services of the House of Representa-
tives; and 
(2) the Committee on Foreign Relations and the 
Committee on Banking, Housing, and Urban Affairs of 
the Senate. 
SEC. 5598. REPORT ON BILATERAL SECURITY AND LAW EN-
FORCEMENT COOPERATION WITH MEXICO. 
(a) IN GENERAL.—Not later than 180 days after the 
date of the enactment of this Act, the President shall submit 
to the appropriate congressional committees a report that in-
cludes the following: 
(1) A description of past and current bilateral secu-
rity and law enforcement cooperation with Mexico, in-
cluding through United States Northern Command, the 
Department of Homeland Security, the Department of 
Justice (including the Drug Enforcement Administra-
tion), and the Department of State (including the Bu-
reau of International Narcotics and Law Enforcement 
Affairs), including over the preceding 10 years. 
(2) A summary of efforts of the Government of 
Mexico to reduce impunity and strengthen judicial proc-
esses for violent crimes and cartels across Mexico and 
along the United States-Mexico border.
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•HRES 1512 EH 
(3) A description and mapping of increasing cartel 
control over Mexican territory and its impacts on United 
States national security. 
(4) An assessment of any changes in Mexico’s elec-
toral and democratic institutions, including their ability 
to ensure accountability for human rights violations, and 
its impacts on national security. 
(b) FORM.—The report required by subsection (a) shall 
be submitted in unclassified form, but may include a classi-
fied annex. The unclassified portion of such report shall be 
published on a publicly available website of the Federal gov-
ernment. 
(c) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congressional 
committees’’ means— 
(1) the congressional defense committees; 
(2) the Committee on Foreign Relations, the Select 
Committee on Intelligence, the Committee on Homeland 
Security and Governmental Affairs, and the Committee 
on the Judiciary of the Senate; and 
(3) the Committee on Foreign Affairs, the Perma-
nent Select Committee on Intelligence, the Committee on 
Homeland Security, and the Committee on the Judiciary 
of the House of Representatives.
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•HRES 1512 EH 
SEC. 5599. REPORT ON CHINESE SUPPORT TO RUSSIA WITH RE-
SPECT TO ITS UNPROVOKED INVASION OF AND 
FULL-SCALE WAR AGAINST UKRAINE. 
(a) IN GENERAL.—Not later than 30 days after the date 
of the enactment of this Act, and every 90 days thereafter 
until the sunset specified in subsection (d), the Secretary of 
State, in consultation with the Secretary of Commerce and 
the Director of National Intelligence as appropriate, shall 
submit to the appropriate congressional committees a report 
on whether and how the People’s Republic of China (PRC), 
including the Government of the PRC, the Chinese Com-
munist Party, any PRC state-owned enterprise, and any 
other PRC entity, has provided support to the Russian Fed-
eration with respect to its unprovoked invasion of and full- 
scale war against Ukraine. 
(b) MATTERS TO BE INCLUDED.—The report required 
by subsection (a) shall include a discussion of the support 
provided by the PRC to the Russian Federation with respect 
to— 
(1) helping the Government of Russia or Russian 
entities evade or circumvent United States sanctions or 
multilateral sanctions and export controls; 
(2) deliberately inhibiting on-site United States 
Government export control end-use checks, including 
interviews and investigations, in the PRC;
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•HRES 1512 EH 
(3) providing Russia with any technology, including 
semiconductors classified as EAR99, that supports Rus-
sian intelligence or military capabilities; 
(4) establishing economic or financial arrangements 
that will have the effect of alleviating the impact of 
United States sanctions or multilateral sanctions; 
(5) furthering Russia’s disinformation and propa-
ganda efforts; 
(6) coordinating to hinder the response of multilat-
eral organizations, including the United Nations, to pro-
vide assistance to the people or Government of Ukraine, 
to condemn Russia’s war, to hold Russia accountable for 
the invasion and its prosecution of the war, or to hold 
those complicit accountable; and 
(7) providing any material, technical, or logistical 
support, including to Russian military or intelligence 
agencies and state-owned or state-linked enterprises. 
(c) FORM.— 
(1) IN
GENERAL.—The report required by sub-
section (a) shall be submitted in unclassified form and 
published on a publicly available website of the Depart-
ment of State. 
(2) EXCEPTION.—If the Secretary, in consultation 
with the Director of National Intelligence, certifies to the 
appropriate congressional committees that the Secretary
2245 
•HRES 1512 EH 
is unable to include an element required under any of 
paragraphs (1) through (7) of subsection (b) in an un-
classified manner, the Secretary shall provide in unclas-
sified form an affirmative or negative determination with 
respect to whether the People’s Republic of China is sup-
porting the Russian Federation in the manner described 
in each applicable such paragraph and concurrently pro-
vide the discussion of that element to the appropriate 
congressional committees at the lowest possible classi-
fication level, consistent with the protection of sources 
and methods. 
(d) SUNSET.—The requirement to submit the report 
under subsection (a) shall terminate on the earlier of— 
(1) the date on which the Secretary of State deter-
mines the conflict in Ukraine has ended; or 
(2) the date that is 2 years after the date of the 
enactment of this Act. 
(e) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congressional 
committees’’ means— 
(1) the congressional defense committees; 
(2) the Committee on Foreign Relations, the Com-
mittee on Banking, Housing, and Urban Affairs, and the 
Select Committee on Intelligence of the Senate; and
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•HRES 1512 EH 
(3) the Committee on Foreign Affairs, the Com-
mittee on Ways and Means, and the Permanent Select 
Committee on Intelligence of the House of Representa-
tives. 
SEC. 5599A. FEASIBILITY STUDY ON UNITED STATES SUPPORT 
FOR AND PARTICIPATION IN THE INTERNATIONAL 
COUNTERTERRORISM 
ACADEMY 
IN 
COˆ TE 
D’IVOIRE. 
(a) STATEMENT OF POLICY.—It is the policy of the 
United States to partner with West African governments 
where possible to mitigate and counter growing regional inse-
curity resulting from the spread of armed conflict and ter-
rorism, including by providing assistance to train, equip, and 
mentor West African security services to counter threats to 
regional and national security through a whole-of-government 
approach. 
(b) FEASIBILITY STUDY.—Not later than 90 days after 
the date of the enactment of this Act, the Secretary of State, 
in consultation with the Secretary of Defense, shall conduct 
a feasibility study regarding the provision of United States 
assistance for infrastructure, training, equipment, and other 
forms of support to institutionalize the International 
Counterterrorism Academy (Acade´mie Internationale de 
Lutte Contre le Terrorisme or AILCT) in Jacqueville, Coˆte 
d’Ivoire that—
2247 
•HRES 1512 EH 
(1) provides a legal analysis of existing authorities 
to provide United States foreign assistance dedicated to 
the development and establishment of AILCT programs, 
initiatives, and infrastructure for the purposes of train-
ing, equipping, and mentoring eligible West African se-
curity services bilaterally or in coordination with part-
ners and allies; 
(2) identifies opportunities for the United States to 
leverage and support the AILCT facility to pursue na-
tional security interests in West Africa, the Sahel, sub- 
Saharan Africa, and the strategic Atlantic Ocean coastal 
and maritime environments, including through training 
and research activities, infrastructure development, com-
batting transnational terrorist and organized crime 
threats, 
and 
countering 
foreign 
malign 
influence 
throughout the region; and 
(3) assesses any planned and pledged contributions 
from other countries to ensure appropriate sustainment 
of the facilities and burden sharing. 
(c) FORMS.—The feasibility study required by subsection 
(b) shall be submitted in unclassified form, but may contain 
a classified annex. 
(d) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congressional 
committees’’ means—
2248 
•HRES 1512 EH 
(1) the Committee on Foreign Relations, the Com-
mittee on Armed Services, and the Committee on Appro-
priations of the Senate; and 
(2) the Committee on Foreign Affairs, the Com-
mittee on Armed Services, and the Committee on Appro-
priations of the House of Representatives. 
SEC. 5599B. CONSULTATIONS ON REUNITING KOREAN AMERI-
CANS WITH FAMILY MEMBERS IN NORTH KOREA. 
(a) CONSULTATIONS.— 
(1) CONSULTATIONS
WITH
SOUTH
KOREA.—The 
Secretary of State, or a designee of the Secretary, should 
consult with officials of South Korea, as appropriate, on 
potential opportunities to reunite Korean American fam-
ilies with family members in North Korea from which 
such Korean American families were divided after the 
signing of the Korean War Armistice Agreement, includ-
ing potential opportunities for video reunions for Korean 
Americans with such family members. 
(2) CONSULTATIONS WITH KOREAN AMERICANS.— 
The Special Envoy on North Korean Human Rights 
Issues of the Department of State should regularly con-
sult with representatives of Korean Americans who have 
family members in North Korea with respect to efforts 
to reunite families divided after the signing of the Ko-
rean War Armistice Agreement, including potential op-
2249 
•HRES 1512 EH 
portunities for video reunions for Korean Americans 
with such family members. 
(b) REPORT.—Not later than 120 days after the date of 
the enactment of this Act, and annually thereafter for three 
years, the Secretary of State, acting through the Special 
Envoy on North Korean Human Rights Issues or other ap-
propriate designee, shall submit to the Committee on Foreign 
Affairs of the House of Representatives and the Committee 
on Foreign Relations of the Senate a report on the consulta-
tions conducted pursuant to this section during the preceding 
year. 
Subtitle I—Sense of Congress 
Provisions 
SEC. 5599C. SENSE OF CONGRESS REGARDING THE STATUS OF 
CHINA. 
It is the sense of Congress that— 
(1) the People’s Republic of China is a fully indus-
trialized nation and no longer a developing nation; and 
(2) any international agreement that provides or ac-
cords China a favorable status or treatment as a ‘‘devel-
oping nation’’ should be updated to reflect the status of 
China. 
SEC. 5599D. SENSE OF CONGRESS REGARDING ISRAEL. 
It is the sense of Congress that—
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•HRES 1512 EH 
(1) since 1948, Israel has been one of the strongest 
friends and allies of the United States; 
(2) Israel is a stable, democratic country in a region 
often marred by turmoil; 
(3) it is essential to the strategic interest of the 
United States to continue to offer security assistance 
and related support to Israel; and 
(4) such assistance and support is especially vital as 
Israel confronts a number of potential challenges at the 
present time, including continuing threats from Iran. 
SEC. 5599E. SENSE OF CONGRESS RELATING TO THE NATO PAR-
LIAMENTARY ASSEMBLY. 
It is the sense of Congress that the United States 
should— 
(1) proactively engage with the North Atlantic 
Treaty Organization (NATO) Parliamentary Assembly 
(PA) and its member delegations; 
(2) communicate with and educate the public on the 
benefits and importance of NATO and NATO PA; and 
(3) support increased inter-democracy and inter- 
parliamentary cooperation on countering misinformation 
and disinformation.
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•HRES 1512 EH 
SEC. 5599F. CONDEMNING DETENTION AND INDICTMENT OF 
RUSSIAN 
OPPOSITION 
LEADER 
VLADIMIR 
VLADIMIROVICH KARA-MURZA. 
(a) FINDINGS.—Congress finds the following: 
(1) Vladimir Vladimirovich Kara-Murza (referred to 
in this section as ‘‘Mr. Kara-Murza’’) has tirelessly 
worked for decades to advance the cause of freedom, de-
mocracy, and human rights for the people of the Russian 
Federation. 
(2) In retaliation for his advocacy, two attempts 
have been made on Mr. Kara-Murza’s life, as— 
(A) on May 26, 2015, Mr. Kara-Murza fell ill 
with symptoms indicative of poisoning and was hos-
pitalized; and 
(B) on February 2, 2017, he fell ill with simi-
lar symptoms and was placed in a medically induced 
coma. 
(3) 
Independent 
investigations 
conducted 
by 
Bellingcat, the Insider, and Der Spiegel found that the 
same unit of the Federal Security Service of the Russian 
Federation responsible for poisoning Mr. Kara-Murza 
was responsible for poisoning Russian opposition leader 
Alexei Navalny and activists Timur Kuashev, Ruslan 
Magomedragimov, and Nikita Isayev. 
(4) On February 24, 2022, Vladimir Putin 
launched another unprovoked, unjustified, and illegal in-
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•HRES 1512 EH 
vasion into Ukraine in contravention of the obligations 
freely undertaken by the Russian Federation to respect 
the territorial integrity of Ukraine under the Budapest 
Memorandum of 1994, the Minsk protocols of 2014 and 
2015, and international law. 
(5) On March 5, 2022, Vladimir Putin signed a law 
criminalizing the distribution of truthful statements 
about the invasion of Ukraine by the Russian Federation 
and mandating up to 15 years in prison for such of-
fenses. 
(6) Since February 24, 2022, Mr. Kara-Murza has 
used his voice and platform to join more than 15,000 
citizens of the Russian Federation in peacefully pro-
testing the war against Ukraine and millions more who 
silently oppose the war. 
(7) On April 11, 2022, five police officers arrested 
Mr. Kara-Murza in front of his home and denied his 
right to an attorney, and the next day Mr. Kara-Murza 
was sentenced to 15 days in prison for disobeying a po-
lice order. 
(8) On April 22, 2022, the Investigative Committee 
of the Russian Federation charged Mr. Kara-Murza with 
violations under the law signed on March 5, 2022, for 
his fact-based statements condemning the invasion of 
Ukraine by the Russian Federation.
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•HRES 1512 EH 
(9) Mr. Kara-Murza was then placed into pretrial 
detention and ordered to be held until at least June 12, 
2022. 
(10) If convicted of those charges, Mr. Kara-Murza 
faces detention in a penitentiary system that human 
rights nongovernmental organizations have criticized for 
widespread torture, ill-treatment, and suspicious deaths 
of prisoners. 
(b) SENSE OF CONGRESS.—It is the sense of Congress 
that Congress— 
(1) condemns the unjust detention and indicting of 
Russian opposition leader Vladimir Vladimirovich Kara- 
Murza, who has courageously stood up to oppression in 
the Russian Federation; 
(2) expresses solidarity with Vladimir Vladimirovich 
Kara-Murza, his family, and all individuals in the Rus-
sian Federation imprisoned for exercising their funda-
mental freedoms of speech, assembly, and belief; 
(3) urges the United States Government and other 
allied governments to work to secure the immediate re-
lease of Vladimir Vladimirovich Kara-Murza, Alexei 
Navalny, and other citizens of the Russian Federation 
imprisoned for opposing the regime of Vladimir Putin 
and the war against Ukraine; and
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•HRES 1512 EH 
(4) calls on the President to increase support pro-
vided by the United States Government for those advo-
cating for democracy and independent media in the Rus-
sian Federation, which Vladimir Vladimirovich Kara- 
Murza has worked to advance. 
SEC. 5599G. SENSE OF CONGRESS REGARDING DEVELOPMENT 
OF NUCLEAR WEAPONS BY IRAN. 
Congress— 
(1) reiterates its commitment to ensuring Iran will 
never acquire a nuclear weapon; 
(2) supports the important work of the Inter-
national Atomic Energy Agency (IAEA) in safeguarding 
nuclear material around the globe; 
(3) condemns Iran for its lack of transparency and 
meaningful cooperation with the IAEA on the unresolved 
matter of uranium particles discovered at undeclared 
sites in Iran and additional escalatory actions related to 
its nuclear program; and 
(4) applauds the IAEA Board of Governors’ resolu-
tion urging Iran’s full cooperation with the IAEA on 
outstanding safeguards issues on an urgent basis. 
TITLE LVI—TRANSPORTATION AND 
INFRASTRUCTURE 
Sec. 5601. Designation of small State and rural advocate. 
Sec. 5602. Flexibility. 
Sec. 5603. Preliminary damage assessment. 
Sec. 5604. Letter of deviation authority. 
Sec. 5605. Recognizing FEMA support.
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•HRES 1512 EH 
SEC. 5601. DESIGNATION OF SMALL STATE AND RURAL ADVO-
CATE. 
(a) IN GENERAL.—Section 326(c) of the Robert T. Staf-
ford Disaster Relief and Emergency Assistance Act (42 
U.S.C. 5165d) is amended— 
(1) by striking ‘‘and’’ at the end of paragraph (2); 
(2) by redesignating paragraph (3) as paragraph 
(4); and 
(3) by inserting after paragraph (2) the following: 
‘‘(3) assist States in the collection and presentation 
of material in the disaster or emergency declaration re-
quest relevant to demonstrate severe localized impacts 
within the State for a specific incident, including— 
‘‘(A) the per capita personal income by local 
area, as calculated by the Bureau of Economic 
Analysis; 
‘‘(B) the disaster impacted population profile, 
as reported by the Bureau of the Census, includ-
ing— 
‘‘(i) the percentage of the population for 
whom poverty status is determined; 
‘‘(ii) the percentage of the population al-
ready receiving Government assistance such as 
Supplemental Security Income and Supple-
mental Nutrition Assistance Program benefits; 
‘‘(iii) the pre-disaster unemployment rate;
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•HRES 1512 EH 
‘‘(iv) the percentage of the population that 
is 65 years old and older; 
‘‘(v) the percentage of the population 18 
years old and younger; 
‘‘(vi) the percentage of the population 
with a disability; 
‘‘(vii) the percentage of the population 
who speak a language other than English and 
speak English less than ‘very well’; and 
‘‘(viii) any unique considerations regard-
ing American Indian and Alaskan Native Trib-
al populations raised in the State’s request for 
a major disaster declaration that may not be 
reflected in the data points referenced in this 
subparagraph; 
‘‘(C) the impact to community infrastructure, 
including— 
‘‘(i) disruptions to community life-saving 
and life-sustaining services; 
‘‘(ii) disruptions or increased demand for 
essential community services; and 
‘‘(iii) disruptions to transportation, infra-
structure, and utilities; and 
‘‘(D) any other information relevant to dem-
onstrate severe local impacts; and’’.
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•HRES 1512 EH 
(b) GAO REVIEW OF A FINAL RULE.— 
(1) IN GENERAL.—The Comptroller General of the 
United States shall conduct a review of the Federal 
Emergency Management Agency’s implementation of its 
final rule, published on March 21, 2019, amending sec-
tion 206.48(b) of title 44, Code of Federal Regulations 
(regarding factors considered when evaluating a Gov-
ernor’s request for a major disaster declaration), which 
revised the factors that the Agency considers when eval-
uating a Governor’s request for a major disaster declara-
tion authorizing individual assistance under the Robert 
T. Stafford Disaster Relief and Emergency Assistance 
Act (42 U.S.C. 5121 et seq). 
(2) SCOPE.—The review required under paragraph 
(1) shall include the following: 
(A) An assessment of the criteria used by the 
Agency to assess individual assistance requests fol-
lowing a major disaster declaration authorizing in-
dividual assistance. 
(B) An assessment of the consistency with 
which the Agency uses the updated Individual As-
sistance Declaration Factors when assessing the im-
pact of individual communities after a major dis-
aster declaration.
2258 
•HRES 1512 EH 
(C) An assessment of the impact, if any, of 
using the updated Individual Assistance Declaration 
Factors has had on equity in disaster recovery out-
comes. 
(D) Recommendations to improve the use of 
the Individual Assistance Declaration Factors to in-
crease equity in disaster recovery outcomes. 
(3) REPORT.—Not later than 1 year after the date 
of enactment of this Act, the Comptroller General shall 
submit to the Committee on Transportation and Infra-
structure of the House of Representatives and the Com-
mittee on Homeland Security and Governmental Affairs 
of the Senate a report on the review required under this 
section. 
SEC. 5602. FLEXIBILITY. 
(a) IN GENERAL.—Section 1216(a) of the Disaster Re-
covery Reform Act of 2018 (42 U.S.C. 5174a(a)) is amend-
ed— 
(1) by amending paragraph (2)(A) to read as fol-
lows: 
‘‘(A) except as provided in subparagraph (B), 
shall— 
‘‘(i) waive a debt owed to the United 
States related to covered assistance provided to 
an individual or household if the covered assist-
2259 
•HRES 1512 EH 
ance was distributed based on an error by the 
Agency and such debt shall be construed as a 
hardship; and 
‘‘(ii) waive a debt owed to the United 
States related to covered assistance provided to 
an individual or household if such assistance is 
subject to a claim or legal action, including in 
accordance with section of the Robert T. Staf-
ford Disaster Relief and Emergency Assistance 
Act (42 U.S.C. 5160); and’’; and 
(2) in paragraph (3)(B)— 
(A) by striking ‘‘Removal of’’ and inserting 
‘‘Report on’’; and 
(B) in clause (ii) by striking ‘‘the authority of 
the Administrator to waive debt under paragraph 
(2) shall no longer be effective’’ and inserting ‘‘the 
Administrator shall report to the Committee on 
Transportation and Infrastructure of the House of 
Representatives and the Committee on Homeland 
Security and Governmental Affairs of the Senate 
actions that the Administrator will take to reduce 
the error rate’’. 
(b) REPORT TO CONGRESS.—The Administrator of the 
Federal Emergency Management Agency shall submit to the 
Committee on Transportation and Infrastructure of the
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•HRES 1512 EH 
House of Representatives and the Committee on Homeland 
Security and Governmental Affairs of the Senate a report 
containing a description of the internal processes used to 
make decisions regarding the distribution of covered assist-
ance under section 1216 of the Disaster Recovery and Re-
form Act of 2018 (42 U.S.C. a) and any changes made to 
such processes. 
SEC. 5603. PRELIMINARY DAMAGE ASSESSMENT. 
(a) FINDINGS.—Congress finds the following: 
(1) Preliminary damage assessments play a critical 
role in assessing and validating the impact and mag-
nitude of a disaster. 
(2) Through the preliminary damage assessment 
process, representatives from the Federal Emergency 
Management Agency validate information gathered by 
State and local officials that serves as the basis for dis-
aster assistance requests. 
(3) Various factors can impact the duration of a 
preliminary damage assessment and the corresponding 
submission of a major disaster request, however, the av-
erage time between when a disaster occurs, and the sub-
mission of a corresponding disaster request has been 
found to be approximately twenty days longer for flood-
ing disasters.
2261 
•HRES 1512 EH 
(4) With communities across the country facing in-
creased instances of catastrophic flooding and other ex-
treme weather events, accurate and efficient preliminary 
damage assessments have become critically important to 
the relief process for impacted States and municipalities. 
(b) REPORT TO CONGRESS.— 
(1) IN GENERAL.—Not later than 90 days after the 
date of enactment of this Act, the Administrator of the 
Federal Emergency Management Agency shall submit to 
Congress a report describing the preliminary damage as-
sessment process, as supported by the Federal Emer-
gency Management Agency in the 5 years before the 
date of enactment of this Act. 
(2) CONTENTS.—The report described in paragraph 
(1) shall contain the following: 
(A) The process of the Federal Emergency 
Management Agency for deploying personnel to sup-
port preliminary damage assessments. 
(B) The number of Agency staff participating 
on disaster assessment teams. 
(C) The training and experience of such staff 
described in subparagraph (B). 
(D) A calculation of the average amount of 
time disaster assessment teams described in sub-
paragraph (A) are deployed to a disaster area.
2262 
•HRES 1512 EH 
(E) The efforts of the Agency to maintain a 
consistent liaison between the Agency and State, 
local, tribal, and territorial officials within a dis-
aster area. 
(c) PRELIMINARY DAMAGE ASSESSMENT.— 
(1) IN GENERAL.—Not later than 6 months after 
the date of enactment of this Act, the Administrator of 
the Federal Emergency Management Agency shall con-
vene an advisory panel consisting of emergency manage-
ment personnel employed by State, local, territorial, or 
tribal authorities, and the representative organizations of 
such personnel to assist the Agency in improving critical 
components of the preliminary damage assessment proc-
ess. 
(2) MEMBERSHIP.— 
(A) IN GENERAL.—This advisory panel shall 
consist of at least 2 representatives from national 
emergency management organizations and at least 
1 representative from each of the 10 regions of the 
Federal Emergency Management Agency, selected 
from emergency management personnel employed 
by State, local, territorial, or tribal authorities with-
in each region. 
(B) INCLUSION ON PANEL.—To the furthest 
extent practicable, representation on the advisory
2263 
•HRES 1512 EH 
panel shall include emergency management per-
sonnel from both rural and urban jurisdictions. 
(3) CONSIDERATIONS.—The advisory panel con-
vened under paragraph (1) shall— 
(A) consider— 
(i) establishing a training regime to en-
sure preliminary damage assessments are con-
ducted and reviewed under consistent guide-
lines; 
(ii) utilizing a common technological plat-
form to integrate data collected by State and 
local governments with data collected by the 
Agency; and 
(iii) assessing instruction materials pro-
vided by the Agency for omissions of pertinent 
information or language that conflicts with 
other statutory requirements; and 
(B) identify opportunities for streamlining the 
consideration of preliminary damage assessments by 
the Agency, including eliminating duplicative paper-
work requirements and ensuring consistent commu-
nication and decision making among Agency staff. 
(4) INTERIM REPORT.—Not later than 18 months 
after the date of enactment of this Act, the Adminis-
trator shall submit to Congress a report regarding the
2264 
•HRES 1512 EH 
findings of the advisory panel, steps that will be under-
taken by the Agency to implement the findings of the 
advisory panel, and additional legislation that may be 
necessary to implement the findings of the advisory 
panel. 
(5) RULEMAKING AND FINAL REPORT.—Not later 
than 2 years after the date of enactment of this Act, the 
Administrator shall issue such regulations as are nec-
essary to implement the recommendations of the advi-
sory panel and submit to Congress a report discussing— 
(A) the implementation of recommendations 
from the advisory panel; 
(B) the identification of any additional chal-
lenges to the preliminary damage assessment proc-
ess, including whether specific disasters result in 
longer preliminary damage assessments; and 
(C) any additional legislative recommendations 
necessary to improve the preliminary damage as-
sessment process. 
SEC. 5604. LETTER OF DEVIATION AUTHORITY. 
A flight instructor, registered owner, lessor, or lessee of 
an aircraft shall not be required to obtain a letter of devi-
ation authority from the Administrator of the Federal Avia-
tion Administration to allow, conduct or receive flight train-
ing, checking, and testing in an experimental aircraft if—
2265 
•HRES 1512 EH 
(1) the flight instructor is not providing both the 
training and the aircraft; 
(2) no person advertises or broadly offers the air-
craft as available for flight training, checking, or testing; 
and 
(3) no person receives compensation for use of the 
aircraft for a specific flight during which flight training, 
checking, or testing was received, other than expenses 
for owning, operating, and maintaining the aircraft. 
SEC. 5605. RECOGNIZING FEMA SUPPORT. 
Congress finds the following: 
(1) The Federal Emergency Management Agency 
provides vital support to communities and disaster sur-
vivors in the aftermath of major disasters, including 
housing assistance for individuals and families displaced 
from their homes. 
(2) The Federal Emergency Management Agency 
should be encouraged to study the idea integrating col-
lapsible shelters for appropriate non-congregate shel-
tering needs into the disaster preparedness stockpile. 
TITLE LVII—FINANCIAL SERVICES 
MATTERS 
TITLE LVII—FINANCIAL SERVICES MATTERS 
Sec. 5701. United States policy on World Bank Group and Asian Development 
Bank assistance to the People’s Republic of China. 
Sec. 5702. Support for international initiatives to provide debt restructuring 
or relief to developing countries with unsustainable levels of 
debt.
2266 
•HRES 1512 EH 
Sec. 5703. Ukraine debt payment relief. 
Sec. 5704. Isolate Russian Government Officials Act of 2022. 
Sec. 5705. Fair hiring in banking. 
Sec. 5706. Banking Transparency for Sanctioned Persons Act of 2022. 
Sec. 5707. Flexibility in addressing rural homelessness. 
Sec. 5708. Master account and services database. 
SEC. 5701. UNITED STATES POLICY ON WORLD BANK GROUP 
AND ASIAN DEVELOPMENT BANK ASSISTANCE TO 
THE PEOPLE’S REPUBLIC OF CHINA. 
(a) IN GENERAL.—Title XVI of the International Finan-
cial Institutions Act (22 U.S.C. 262p et seq.) is amended by 
adding at the end the following: 
‘‘SEC. 1632. UNITED STATES POLICY ON WORLD BANK GROUP 
AND ASIAN DEVELOPMENT BANK ASSISTANCE TO 
THE PEOPLE’S REPUBLIC OF CHINA. 
‘‘(a) IN GENERAL.—The Secretary of the Treasury shall 
instruct the United States Executive Director at each inter-
national financial institution of the World Bank Group and 
at the Asian Development Bank to use the voice and vote of 
the United States at the respective institution to vote against 
the provision of any loan, extension of financial assistance, or 
technical assistance to the People’s Republic of China unless 
the Secretary of the Treasury has certified to the appropriate 
congressional committees that— 
‘‘(1) the Government of the People’s Republic of 
China and any lender owned or controlled by the Gov-
ernment of the People’s Republic of China have dem-
onstrated a commitment—
2267 
•HRES 1512 EH 
‘‘(A) to the rules and principles of the Paris 
Club, or of other similar coordinated multilateral 
initiatives on debt relief and debt restructuring in 
which the United States participates, including with 
respect to debt transparency and appropriate bur-
den-sharing among all creditors; 
‘‘(B) to the practice of presumptive public dis-
closure of the terms and conditions on which they 
extend credit to other governments (without regard 
to the form of any such extension of credit); 
‘‘(C) not to enforce any agreement terms that 
may impair their own or the borrowers’ capacity 
fully to implement any commitment described in 
subparagraph (A) or (B); and 
‘‘(D) not to enter into any agreement con-
taining terms that may impair their own or the bor-
rowers’ capacity fully to implement any commitment 
described in subparagraph (A) or (B); or 
‘‘(2) the loan or assistance is important to the na-
tional interest of the United States, as described in a de-
tailed explanation by the Secretary to accompany the 
certification. 
‘‘(b) DEFINITIONS.—In this section: 
‘‘(1) 
APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘appropriate congressional committees’
2268 
•HRES 1512 EH 
means the Committee on Financial Services of the 
House of Representatives and the Committee on Foreign 
Relations of the Senate. 
‘‘(2) WORLD BANK GROUP.—The term ‘World Bank 
Group’ means the International Bank for Reconstruction 
and Development, the International Development Asso-
ciation, the International Finance Corporation, and the 
Multilateral Investment Guarantee Agency.’’. 
(b) SUNSET.—The amendment made by subsection (a) is 
repealed effective on the date that is 7 years after the effec-
tive date of this section. 
SEC. 5702. SUPPORT FOR INTERNATIONAL INITIATIVES TO PRO-
VIDE DEBT RESTRUCTURING OR RELIEF TO DE-
VELOPING 
COUNTRIES 
WITH 
UNSUSTAINABLE 
LEVELS OF DEBT. 
(a) IN GENERAL.—Title XVI of the International Finan-
cial Institutions Act (22 U.S.C. 262p et seq.), as amended by 
section 5701, is further amended by adding at the end the 
following: 
‘‘SEC. 1633. SUPPORT FOR INTERNATIONAL INITIATIVES TO 
PROVIDE DEBT RESTRUCTURING OR RELIEF TO 
DEVELOPING COUNTRIES WITH UNSUSTAINABLE 
LEVELS OF DEBT. 
‘‘(a) DEBT RELIEF.—The Secretary of the Treasury, in 
consultation with the Secretary of State, shall—
2269 
•HRES 1512 EH 
‘‘(1) engage with international financial institutions, 
the G20, and official and commercial creditors to ad-
vance support for prompt and effective implementation 
and improvement of the Common Framework for Debt 
Treatments beyond the DSSI (in this section referred to 
as the ‘Common Framework’), or any successor frame-
work or similar coordinated international debt treatment 
process in which the United States participates through 
the establishment and publication of clear and account-
able— 
‘‘(A) debt treatment benchmarks designed to 
achieve debt sustainability for each participating 
debtor; 
‘‘(B) standards for appropriate burden-sharing 
among all creditors with material claims on each 
participating debtor, without regard for their offi-
cial, private, or hybrid status; 
‘‘(C) robust debt disclosure by creditors, in-
cluding the People’s Republic of China, and debtor 
countries, including inter-creditor data-sharing and, 
to the maximum extent practicable, public disclo-
sure of material terms and conditions of claims on 
participating debtors;
2270 
•HRES 1512 EH 
‘‘(D) expansion of Common Framework coun-
try eligibility to lower middle-income countries who 
otherwise meet the existing criteria; 
‘‘(E) improvements to the Common Framework 
process with the aim of ensuring access to debt re-
lief in a timely manner for those countries eligible 
and who request treatment; and 
‘‘(F) consistent enforcement and improvement 
of the policies of multilateral institutions relating to 
asset-based and revenue-based borrowing by partici-
pating debtors, and coordinated standards on re-
structuring collateralized debt; 
‘‘(2) engage with international financial institutions 
and official and commercial creditors to advance sup-
port, as the Secretary finds appropriate, for debt re-
structuring or debt relief for each participating debtor, 
including, on a case-by- case basis, a debt standstill, if 
requested by the debtor country through the Common 
Framework process from the time of conclusion of a 
staff-level agreement with the International Monetary 
Fund, and until the conclusion of a memorandum of un-
derstanding with its creditor committee pursuant to the 
Common Framework, or any successor framework or 
similar coordinated international debt treatment process 
in which the United States participates; and
2271 
•HRES 1512 EH 
‘‘(3) instruct the United States Executive Director 
at the International Monetary Fund and the United 
States Executive Director at the World Bank to use the 
voice and vote of the United States to advance the ef-
forts described in paragraphs (1) and (2). 
‘‘(b) REPORTING REQUIREMENT.—Not later than 120 
days after the date of the enactment of this section, and an-
nually thereafter, the Secretary of the Treasury, in coordina-
tion with the Secretary of State, shall submit to the Commit-
tees on Banking, Housing, and Urban Affairs and Foreign 
Relations of the Senate and the Committees on Financial 
Services and Foreign Affairs of the House of Representatives 
a report that describes— 
‘‘(1) any actions that have been taken, in coordina-
tion with international financial institutions, by official 
creditors, including the government of, and state-owned 
enterprises in, the People’s Republic of China, and rel-
evant commercial creditor groups to advance debt re-
structuring or relief for countries with unsustainable 
debt that have sought restructuring or relief under the 
Common Framework, any successor framework or mech-
anism, or under any other coordinated international ar-
rangement for sovereign debt restructuring in which the 
United States participates;
2272 
•HRES 1512 EH 
‘‘(2) any implementation challenges that hinder the 
ability of the Common Framework to provide timely debt 
restructuring for any country with unsustainable debt 
that seeks debt restructuring or debt payment relief, in-
cluding any refusal of a creditor to participate in appro-
priate burden-sharing, including failure to share (or pub-
lish, as appropriate) all material information needed to 
assess debt sustainability; and 
‘‘(3) recommendations on how to address any chal-
lenges identified in paragraph (2).’’. 
(b) SUNSET.—The amendment made by subsection (a) is 
repealed effective on the date that is 5 years after the effec-
tive date of this section. 
SEC. 5703. UKRAINE DEBT PAYMENT RELIEF. 
(a) SUSPENSION OF MULTILATERAL DEBT PAYMENTS 
OF UKRAINE.— 
(1) UNITED
STATES
POSITION
IN
THE
INTER-
NATIONAL FINANCIAL INSTITUTIONS.—The Secretary of 
the Treasury shall instruct the United States Executive 
Director at each international financial institution (as 
defined in section 1701(c)(2) of the International Finan-
cial Institutions Act) to use the voice, vote, and influence 
of the United States to advocate that the respective in-
stitution immediately provide appropriate debt service 
relief to Ukraine.
2273 
•HRES 1512 EH 
(2) OFFICIAL BILATERAL AND COMMERCIAL DEBT 
SERVICE
PAYMENT
RELIEF.—The Secretary of the 
Treasury, working in coordination with the Secretary of 
State, shall commence immediate efforts with other gov-
ernments and commercial creditor groups, through the 
Paris Club of Official Creditors and other bilateral and 
multilateral frameworks, both formal and informal, to 
pursue comprehensive debt payment relief for Ukraine. 
(3) MULTILATERAL
FINANCIAL
SUPPORT
FOR 
UKRAINE.—The Secretary of the Treasury shall direct 
the United States Executive Director at each inter-
national financial institution (as defined in section 
1701(c)(2) of the International Financial Institutions 
Act) to use the voice and vote of the United States to 
support, to the extent practicable, the provision of 
concessional financial assistance for Ukraine. 
(4) MULTILATERAL FINANCIAL SUPPORT FOR REF-
UGEES.—The Secretary of the Treasury shall direct the 
United States Executive Director at each international 
financial institution (as defined in section 1701(c)(2) of 
the International Financial Institutions Act) to use the 
voice and vote of the United States to seek to provide 
economic support for refugees from Ukraine, including 
refugees of African and Asian descent, and for countries
2274 
•HRES 1512 EH 
receiving refugees from Ukraine that are eligible for as-
sistance from the multilateral development banks. 
(b) REPORT TO THE CONGRESS.—Not later than De-
cember 31 of each year, the President shall— 
(1) submit to the Committees on Financial Services, 
on Appropriations, and on Foreign Affairs of the House 
of Representatives and the Committees on Foreign Rela-
tions and on Appropriations of the Senate, a report on 
the activities undertaken under this section; and 
(2) make public a copy of the report. 
(c) WAIVER AND TERMINATION.— 
(1) WAIVER.—The President may waive the appli-
cation of this section if the President determines that a 
waiver is in the national interest of the United States 
and reports to the Congress an explanation of the rea-
sons therefor. 
(2) TERMINATION.—This section shall have no force 
or effect on the earlier of— 
(A) the date that is 7 years after the date of 
the enactment of this Act; or 
(B) the date that is 30 days after the date on 
which the President reports to Congress that the 
Government of the Russian Federation has ceased 
its destabilizing activities with respect to the sov-
ereignty and territorial integrity of Ukraine.
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•HRES 1512 EH 
SEC. 5704. ISOLATE RUSSIAN GOVERNMENT OFFICIALS ACT OF 
2022. 
(a) STATEMENT OF POLICY.—It is the policy of the 
United States to seek to exclude government officials of the 
Russian Federation, to the maximum extent practicable, from 
participation in meetings, proceedings, and other activities of 
the following organizations: 
(1) Group of 20. 
(2) Bank for International Settlements. 
(3) Basel Committee for Banking Standards. 
(4) Financial Stability Board. 
(5) International Association of Insurance Super-
visors. 
(6) International Organization of Securities Com-
missions. 
(b) IMPLEMENTATION.—The Secretary of the Treasury, 
the Board of Governors of the Federal Reserve System, and 
the Securities and Exchange Commission, as the case may be, 
shall take all necessary steps to advance the policy set forth 
in subsection (a). 
(c) TERMINATION.—This section shall have no force or 
effect on the earlier of— 
(1) the date that is 5 years after the date of the 
enactment of this Act; or 
(2) the date that is 30 days after the date on which 
the President reports to Congress that the Government
2276 
•HRES 1512 EH 
of the Russian Federation has ceased its destabilizing 
activities with respect to the sovereignty and territorial 
integrity of Ukraine. 
(d) WAIVER.—The President may waive the application 
of this section if the President reports to the Congress that 
the waiver is in the national interest of the United States and 
includes an explanation of the reasons therefor. 
SEC. 5705. FAIR HIRING IN BANKING. 
(a) FEDERAL DEPOSIT INSURANCE ACT.—Section 19 of 
the Federal Deposit Insurance Act (12 U.S.C. 1829) is 
amended— 
(1) by inserting after subsection (b) the following: 
‘‘(c) EXCEPTIONS.— 
‘‘(1) CERTAIN OLDER OFFENSES.— 
‘‘(A) IN GENERAL.—With respect to an indi-
vidual, subsection (a) shall not apply to an offense 
if— 
‘‘(i) it has been 7 years or more since the 
offense occurred; or 
‘‘(ii) the individual was incarcerated with 
respect to the offense and it has been 5 years 
or more since the individual was released from 
incarceration. 
‘‘(B) OFFENSES COMMITTED BY INDIVIDUALS 
21 OR YOUNGER.—For individuals who committed
2277 
•HRES 1512 EH 
an offense when they were 21 years of age or 
younger, subsection (a) shall not apply to the of-
fense if it has been more than 30 months since the 
sentencing occurred. 
‘‘(C) LIMITATION.—This paragraph shall not 
apply to an offense described under subsection 
(a)(2). 
‘‘(2) EXPUNGEMENT AND SEALING.—With respect 
to an individual, subsection (a) shall not apply to an of-
fense if— 
‘‘(A) there is an order of expungement, sealing, 
or dismissal that has been issued in regard to the 
conviction in connection with such offense; and 
‘‘(B) it is intended by the language in the 
order itself, or in the legislative provisions under 
which the order was issued, that the conviction shall 
be destroyed or sealed from the individual’s State, 
Tribal, or Federal record, even if exceptions allow 
the record to be considered for certain character 
and fitness evaluation purposes. 
‘‘(3) DE MINIMIS EXEMPTION.— 
‘‘(A) IN GENERAL.—Subsection (a) shall not 
apply to such de minimis offenses as the Corpora-
tion determines, by rule.
2278 
•HRES 1512 EH 
‘‘(B) CONFINEMENT
CRITERIA.—In issuing 
rules under subparagraph (A), the Corporation shall 
include a requirement that the offense was punish-
able by a term of three years or less confined in a 
correctional facility, where such confinement— 
‘‘(i) is calculated based on the time an in-
dividual spent incarcerated as a punishment or 
a sanction, not as pretrial detention; and 
‘‘(ii) does not include probation or parole 
where an individual was restricted to a par-
ticular jurisdiction or was required to report 
occasionally to an individual or a specific loca-
tion. 
‘‘(C) BAD
CHECK
CRITERIA.—In setting the 
criteria for de minimis offenses under subparagraph 
(A), if the Corporation establishes criteria with re-
spect to insufficient funds checks, the Corporation 
shall require that the aggregate total face value of 
all insufficient funds checks across all convictions or 
program entries related to insufficient funds checks 
is $2,000 or less. 
‘‘(D) DESIGNATED LESSER OFFENSES.—Sub-
section (a) shall not apply to certain lesser offenses 
(including the use of a fake ID, shoplifting, tres-
pass, fare evasion, driving with an expired license or
2279 
•HRES 1512 EH 
tag, and such other low-risk offenses as the Cor-
poration may designate) if 1 year or more has 
passed since the applicable conviction or program 
entry.’’; and 
(2) by adding at the end the following: 
‘‘(f) CONSENT APPLICATIONS.— 
‘‘(1) IN GENERAL.—The Corporation shall accept 
consent applications from an individual and from an in-
sured depository institution or depository institution 
holding company on behalf of an individual that are filed 
separately or contemporaneously with a regional office of 
the Corporation. 
‘‘(2) SPONSORED APPLICATIONS FILED WITH RE-
GIONAL OFFICES.—Consent applications filed at a re-
gional office of the Corporation by an insured depository 
institution or depository institution holding company on 
behalf of an individual— 
‘‘(A) shall be reviewed by such office; 
‘‘(B) may be approved or denied by such office, 
if such authority has been delegated to such office 
by the Corporation; and 
‘‘(C) may only be denied by such office if the 
general counsel of the Corporation (or a designee) 
certifies that the denial is consistent with this sec-
tion.
2280 
•HRES 1512 EH 
‘‘(3) INDIVIDUAL APPLICATIONS FILED WITH RE-
GIONAL OFFICES.—Consent applications filed at a re-
gional office by an individual— 
‘‘(A) shall be reviewed by such office; and 
‘‘(B) may be approved or denied by such office, 
if such authority has been delegated to such office 
by the Corporation, except with respect to— 
‘‘(i) cases involving an offense described 
under subsection (a)(2); and 
‘‘(ii) such other high-level security cases 
as may be designated by the Corporation. 
‘‘(4) NATIONAL OFFICE REVIEW.—The national of-
fice of the Corporation shall— 
‘‘(A) review any consent application with re-
spect to which a regional office is not authorized to 
approve or deny the application; and 
‘‘(B) review any consent application that is de-
nied by a regional office, if the individual requests 
a review by the national office. 
‘‘(5) FORMS AND INSTRUCTIONS.— 
‘‘(A) AVAILABILITY.—The Corporation shall 
make all forms and instructions related to consent 
applications available to the public, including on the 
website of the Corporation.
2281 
•HRES 1512 EH 
‘‘(B) CONTENTS.—The forms and instructions 
described under subparagraph (A) shall provide a 
sample cover letter and a comprehensive list of 
items that may accompany the application, includ-
ing clear guidance on evidence that may support a 
finding of rehabilitation. 
‘‘(6) CONSIDERATION OF CRIMINAL HISTORY.— 
‘‘(A) REGIONAL OFFICE CONSIDERATION.—In 
reviewing a consent application, a regional office 
shall— 
‘‘(i) primarily rely on the criminal history 
record of the Federal Bureau of Investigation; 
and 
‘‘(ii) provide such record to the applicant 
to review for accuracy. 
‘‘(B) CERTIFIED
COPIES.—The Corporation 
may not require an applicant to provide certified 
copies of criminal history records unless the Cor-
poration determines that there is a clear and com-
pelling justification to require additional informa-
tion to verify the accuracy of the criminal history 
record of the Federal Bureau of Investigation. 
‘‘(7) CONSIDERATION OF REHABILITATION.—Con-
sistent with title VII of the Civil Rights Act of 1964 (42 
U.S.C. 2000e et seq.), the Corporation shall—
2282 
•HRES 1512 EH 
‘‘(A) conduct an individualized assessment 
when evaluating consent applications that takes into 
account evidence of rehabilitation, the applicant’s 
age at the time of the conviction or program entry, 
the time that has elapsed since conviction or pro-
gram entry, and the relationship of individual’s of-
fense to the responsibilities of the applicable posi-
tion; 
‘‘(B) consider the individual’s employment his-
tory, letters of recommendation, certificates docu-
menting participation in substance abuse programs, 
successful participating in job preparation and edu-
cational programs, and other relevant mitigating 
evidence; and 
‘‘(C) consider any additional information the 
Corporation determines necessary for safety and 
soundness. 
‘‘(8) SCOPE OF EMPLOYMENT.—With respect to an 
approved consent application filed by an insured deposi-
tory institution or depository institution holding com-
pany on behalf of an individual, if the Corporation deter-
mines it appropriate, such approved consent application 
shall allow the individual to work for the same employer 
(without restrictions on the location) and across posi-
tions, except that the prior consent of the Corporation
2283 
•HRES 1512 EH 
(which may require a new application) shall be required 
for any proposed significant changes in the individual’s 
security-related duties or responsibilities, such as pro-
motion to an officer or other positions that the employer 
determines will require higher security screening creden-
tials. 
‘‘(9) COORDINATION WITH THE NCUA.—In carrying 
out this section, the Corporation shall consult and co-
ordinate with the National Credit Union Administration 
as needed to promote consistent implementation where 
appropriate. 
‘‘(g) DEFINITIONS.—In this section: 
‘‘(1) CONSENT APPLICATION.—The term ‘consent 
application’ means an application filed with Corporation 
by an individual (or by an insured depository institution 
or depository institution holding company on behalf of 
an individual) seeking the written consent of the Cor-
poration under subsection (a)(1). 
‘‘(2) CRIMINAL
OFFENSE
INVOLVING
DISHON-
ESTY.—The term ‘criminal offense involving dishon-
esty’— 
‘‘(A) means an offense under which an indi-
vidual, directly or indirectly— 
‘‘(i) cheats or defrauds; or
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•HRES 1512 EH 
‘‘(ii) wrongfully takes property belonging 
to another in violation of a criminal statute; 
‘‘(B) includes an offense that Federal, State, 
or local law defines as dishonest, or for which dis-
honesty is an element of the offense; and 
‘‘(C) does not include— 
‘‘(i) a misdemeanor criminal offense com-
mitted more than one year before the date on 
which an individual files a consent application, 
excluding any period of incarceration; or 
‘‘(ii) an offense involving the possession of 
controlled substances. 
‘‘(3) PRETRIAL DIVERSION OR SIMILAR PROGRAM.— 
The term ‘pretrial diversion or similar program’ means 
a program characterized by a suspension or eventual dis-
missal or reversal of charges or criminal prosecution 
upon agreement by the accused to restitution, drug or 
alcohol rehabilitation, anger management, or community 
service.’’. 
(b) FEDERAL CREDIT UNION ACT.—Section 205(d) of 
the Federal Credit Union Act (12 U.S.C. 1785(d)) is amend-
ed by adding at the end the following: 
‘‘(4) EXCEPTIONS.— 
‘‘(A) CERTAIN OLDER OFFENSES.—
2285 
•HRES 1512 EH 
‘‘(i) IN GENERAL.—With respect to an in-
dividual, paragraph (1) shall not apply to an 
offense if— 
‘‘(I) it has been 7 years or more since 
the offense occurred; or 
‘‘(II) the individual was incarcerated 
with respect to the offense and it has been 
5 years or more since the individual was 
released from incarceration. 
‘‘(ii) OFFENSES COMMITTED BY INDIVID-
UALS 21 OR YOUNGER.—For individuals who 
committed an offense when they were 21 years 
of age or younger, paragraph (1) shall not 
apply to the offense if it has been more than 
30 months since the sentencing occurred. 
‘‘(iii) LIMITATION.—This subparagraph 
shall not apply to an offense described under 
paragraph (1)(B). 
‘‘(B) EXPUNGEMENT AND SEALING.—With re-
spect to an individual, paragraph (1) shall not apply 
to an offense if— 
‘‘(i) there is an order of expungement, 
sealing, or dismissal that has been issued in re-
gard to the conviction in connection with such 
offense; and
2286 
•HRES 1512 EH 
‘‘(ii) it is intended by the language in the 
order itself, or in the legislative provisions 
under which the order was issued, that the 
conviction shall be destroyed or sealed from the 
individual’s State, Tribal, or Federal record, 
even if exceptions allow the record to be con-
sidered for certain character and fitness eval-
uation purposes. 
‘‘(C) DE MINIMIS EXEMPTION.— 
‘‘(i) IN
GENERAL.—Paragraph (1) shall 
not apply to such de minimis offenses as the 
Board determines, by rule. 
‘‘(ii) 
CONFINEMENT
CRITERIA.—In 
issuing rules under clause (i), the Board shall 
include a requirement that the offense was 
punishable by a term of three years or less 
confined in a correctional facility, where such 
confinement— 
‘‘(I) is calculated based on the time 
an individual spent incarcerated as a pun-
ishment or a sanction, not as pretrial de-
tention; and 
‘‘(II) does not include probation or 
parole where an individual was restricted 
to a particular jurisdiction or was required
2287 
•HRES 1512 EH 
to report occasionally to an individual or 
a specific location. 
‘‘(iii) BAD CHECK CRITERIA.—In setting 
the criteria for de minimis offenses under 
clause (i), if the Board establishes criteria with 
respect to insufficient funds checks, the Board 
shall require that the aggregate total face value 
of all insufficient funds checks across all con-
victions or program entries related to insuffi-
cient funds checks is $2,000 or less. 
‘‘(iv) DESIGNATED LESSER OFFENSES.— 
Paragraph (1) shall not apply to certain lesser 
offenses (including the use of a fake ID, shop-
lifting, trespass, fare evasion, driving with an 
expired license or tag, and such other low-risk 
offenses as the Board may designate) if 1 year 
or more has passed since the applicable convic-
tion or program entry. 
‘‘(5) CONSENT APPLICATIONS.— 
‘‘(A) IN
GENERAL.—The Board shall accept 
consent applications from an individual and from an 
insured credit union on behalf of an individual that 
are filed separately or contemporaneously with a re-
gional office of the Board.
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•HRES 1512 EH 
‘‘(B) SPONSORED APPLICATIONS FILED WITH 
REGIONAL OFFICES.—Consent applications filed at 
a regional office of the Board by an insured credit 
union on behalf of an individual— 
‘‘(i) shall be reviewed by such office; 
‘‘(ii) may be approved or denied by such 
office, if such authority has been delegated to 
such office by the Board; and 
‘‘(iii) may only be denied by such office if 
the general counsel of the Board (or a des-
ignee) certifies that the denial is consistent 
with this section. 
‘‘(C) INDIVIDUAL APPLICATIONS FILED WITH 
REGIONAL OFFICES.—Consent applications filed at 
a regional office by an individual— 
‘‘(i) shall be reviewed by such office; and 
‘‘(ii) may be approved or denied by such 
office, if such authority has been delegated to 
such office by the Board, except with respect 
to— 
‘‘(I) cases involving an offense de-
scribed under paragraph (1)(B); and 
‘‘(II) such other high-level security 
cases as may be designated by the Board.
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•HRES 1512 EH 
‘‘(D) NATIONAL
OFFICE
REVIEW.—The na-
tional office of the Board shall— 
‘‘(i) review any consent application with 
respect to which a regional office is not author-
ized to approve or deny the application; and 
‘‘(ii) review any consent application that is 
denied by a regional office, if the individual re-
quests a review by the national office. 
‘‘(E) FORMS AND INSTRUCTIONS.— 
‘‘(i) AVAILABILITY.—The Board shall 
make all forms and instructions related to con-
sent applications available to the public, includ-
ing on the website of the Board. 
‘‘(ii) CONTENTS.—The forms and instruc-
tions described under clause (i) shall provide a 
sample cover letter and a comprehensive list of 
items that may accompany the application, in-
cluding clear guidance on evidence that may 
support a finding of rehabilitation. 
‘‘(F) CONSIDERATION
OF
CRIMINAL
HIS-
TORY.— 
‘‘(i) 
REGIONAL
OFFICE
CONSIDER-
ATION.—In reviewing a consent application, a 
regional office shall—
2290 
•HRES 1512 EH 
‘‘(I) primarily rely on the criminal 
history record of the Federal Bureau of 
Investigation; and 
‘‘(II) provide such record to the ap-
plicant to review for accuracy. 
‘‘(ii) CERTIFIED COPIES.—The Board may 
not require an applicant to provide certified 
copies of criminal history records unless the 
Board determines that there is a clear and 
compelling justification to require additional 
information to verify the accuracy of the crimi-
nal history record of the Federal Bureau of In-
vestigation. 
‘‘(G) CONSIDERATION OF REHABILITATION.— 
Consistent with title VII of the Civil Rights Act of 
1964 (42 U.S.C. 2000e et seq.), the Board shall— 
‘‘(i) conduct an individualized assessment 
when evaluating consent applications that 
takes into account evidence of rehabilitation, 
the applicant’s age at the time of the convic-
tion or program entry, the time that has 
elapsed since conviction or program entry, and 
the relationship of individual’s offense to the 
responsibilities of the applicable position;
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•HRES 1512 EH 
‘‘(ii) consider the individual’s employment 
history, letters of recommendation, certificates 
documenting participation in substance abuse 
programs, successful participating in job prep-
aration and educational programs, and other 
relevant mitigating evidence; and 
‘‘(iii) consider any additional information 
the Board determines necessary for safety and 
soundness. 
‘‘(H) SCOPE OF EMPLOYMENT.—With respect 
to an approved consent application filed by an in-
sured credit union on behalf of an individual, if the 
Board determines it appropriate, such approved 
consent application shall allow the individual to 
work for the same employer (without restrictions on 
the location) and across positions, except that the 
prior consent of the Board (which may require a 
new application) shall be required for any proposed 
significant changes in the individual’s security-re-
lated duties or responsibilities, such as promotion to 
an officer or other positions that the employer de-
termines will require higher security screening cre-
dentials. 
‘‘(I) COORDINATION WITH FDIC.—In carrying 
out this subsection, the Board shall consult and co-
2292 
•HRES 1512 EH 
ordinate with the Federal Deposit Insurance Cor-
poration as needed to promote consistent implemen-
tation where appropriate. 
‘‘(6) DEFINITIONS.—In this subsection: 
‘‘(A) CONSENT APPLICATION.—The term ‘con-
sent application’ means an application filed with 
Board by an individual (or by an insured credit 
union on behalf of an individual) seeking the writ-
ten consent of the Board under paragraph (1)(A). 
‘‘(B) CRIMINAL OFFENSE INVOLVING DISHON-
ESTY.—The term ‘criminal offense involving dishon-
esty’— 
‘‘(i) means an offense under which an in-
dividual, directly or indirectly— 
‘‘(I) cheats or defrauds; or 
‘‘(II) wrongfully takes property be-
longing to another in violation of a crimi-
nal statute; 
‘‘(ii) includes an offense that Federal, 
State, or local law defines as dishonest, or for 
which dishonesty is an element of the offense; 
and 
‘‘(iii) does not include— 
‘‘(I) a misdemeanor criminal offense 
committed more than one year before the
2293 
•HRES 1512 EH 
date on which an individual files a consent 
application, excluding any period of incar-
ceration; or 
‘‘(II) an offense involving the posses-
sion of controlled substances. 
‘‘(C) PRETRIAL DIVERSION OR SIMILAR PRO-
GRAM.—The term ‘pretrial diversion or similar pro-
gram’ means a program characterized by a suspen-
sion or eventual dismissal or reversal of charges or 
criminal prosecution upon agreement by the accused 
to restitution, drug or alcohol rehabilitation, anger 
management, or community service.’’. 
(c) REVIEW
AND REPORT
TO CONGRESS.—Not later 
than the end of the 2-year period beginning on the date of 
enactment of this Act, the Federal Deposit Insurance Cor-
poration and the National Credit Union Administration 
shall— 
(1) review the rules issued to carry out this Act and 
the amendments made by this Act on— 
(A) the application of section 19 of the Federal 
Deposit Insurance Act (12 U.S.C. 1829) and sec-
tion 205(d) of the Federal Credit Union Act (12 
U.S.C. 1785(d)); 
(B) the number of applications for consent ap-
plications under such sections; and
2294 
•HRES 1512 EH 
(C) the rates of approval and denial for con-
sent applications under such sections; 
(2) make the results of the review required under 
paragraph (1) available to the public; and 
(3) issue a report to Congress containing any legis-
lative or regulatory recommendations for expanding em-
ployment opportunities for those with a previous minor 
criminal offense. 
SEC. 5706. BANKING TRANSPARENCY FOR SANCTIONED PER-
SONS ACT OF 2022. 
(a) IN GENERAL.—Not later than 1 year after the date 
of the enactment of this Act, and annually thereafter, the 
Secretary of the Treasury shall issue a report to the Commit-
tees on Financial Services and Foreign Affairs of the House 
of Representatives and the Committees on Banking, Housing, 
and Urban Affairs and Foreign Relations of the Senate that 
includes a list of specific licenses issued by the Secretary in 
the preceding 365 days that authorizes a U.S. financial insti-
tution (as defined under section 561.309 of title 31, Code of 
Federal Regulations) to provide financial services to any of 
the following: 
(1) The government of a state sponsor of terrorism. 
(2) A person sanctioned pursuant to any of the fol-
lowing:
2295 
•HRES 1512 EH 
(A) Section 404 of the Russia and Moldova 
Jackson-Vanik Repeal and Sergei Magnitsky Rule 
of Law Accountability Act of 2012 (Public Law 
112–208). 
(B) Subtitle F of title XII of the National De-
fense Authorization Act for Fiscal Year 2017 (Pub-
lic Law 114–328, the Global Magnitsky Human 
Rights Accountability Act). 
(C) Executive Order No. 13818. 
(b) SUBMISSION
OF COPIES
OF LICENSES
ON RE-
QUEST.—The Secretary of the Treasury shall expeditiously 
provide a copy of any license identified in a report required 
by subsection (a) to the Committee on Financial Services of 
the House of Representatives and the Committee on Banking, 
Housing, and Urban Affairs of the Senate if an appropriate 
Member of Congress requests a copy of that license not later 
than 60 days after submission of the report. 
(c) BUSINESS CONFIDENTIAL INFORMATION.— 
(1) IN GENERAL.—The Secretary of the Treasury 
shall, in the report under subsection (a) and any submis-
sions under subsection (b), identify any proprietary in-
formation submitted by any private sector representative 
and mark such information as ‘‘business confidential in-
formation’’.
2296 
•HRES 1512 EH 
(2) TREATMENT
AS
TRADE
SECRETS.—Business 
confidential information described under paragraph (1) 
shall be considered to be a matter falling within the 
meaning of trade secrets and commercial or financial in-
formation exemption under section 552(b)(4) of title 5, 
United States Code, and shall be exempt from disclosure 
under such section 552 of such title without the express 
approval of the private party. 
(d) AUTHORIZATION
OF
APPROPRIATIONS.—For the 
purpose of carrying out the activities authorized under this 
section, there is authorized to be appropriated to the Sec-
retary of the Treasury $1,000,000. 
(e) SUNSET.—The section shall cease to have any force 
or effect after the end of the 5-year period beginning on the 
date of enactment of this Act. 
(f) FORM OF REPORT AND SUBMISSIONS.—A report or 
submission required under this section shall be submitted in 
unclassified form but may contain a classified annex. 
(g) APPROPRIATE MEMBER OF CONGRESS DEFINED.— 
In this section, the term ‘‘appropriate Member of Congress’’ 
has the meaning given that term under section 7132(d) of 
the National Defense Authorization Act for Fiscal Year 2020.
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•HRES 1512 EH 
SEC. 5707. FLEXIBILITY IN ADDRESSING RURAL HOMELESS-
NESS. 
Subsection (a) of section 423 of subtitle C of title IV of 
the McKinney-Vento Homeless Assistance Act (42 U.S.C. 
11383(a)) is amended by adding at the end the following: 
‘‘(13) Projects in rural areas that consist of one or 
more of the following activities: 
‘‘(A) Payment of short-term emergency lodg-
ing, including in motels or shelters, directly or 
through vouchers. 
‘‘(B) Repairs to units— 
‘‘(i) in which homeless individuals and 
families will be housed; or 
‘‘(ii) which are currently not fit for human 
habitation. 
‘‘(C) Staff training, professional development, 
skill development, and staff retention activities.’’. 
SEC. 5708. MASTER ACCOUNT AND SERVICES DATABASE. 
The Federal Reserve Act is amended by inserting after 
section 11B (12 U.S.C. 248b et seq.) the following: 
‘‘SEC. 11C. MASTER ACCOUNT AND SERVICES DATABASE. 
‘‘(a) DEFINITIONS.—In this section: 
‘‘(1) ACCESS REQUEST.—The term ‘access request’ 
means a request to a Federal reserve bank for access to 
a reserve bank master account and services, including 
any written documentation or formal indication that an
2298 
•HRES 1512 EH 
entity intends to seek access to a reserve bank master 
account and services. 
‘‘(2) OFFICIAL ACCOUNTHOLDER.—The term ‘offi-
cial accountholder’ means— 
‘‘(A) a foreign state, as defined in section 25B; 
‘‘(B) a central bank, as defined in section 25B, 
other than a commercial bank; 
‘‘(C) a public international organization enti-
tled to enjoy privileges, exemptions, and immunities 
as an international organization under the Inter-
national Organizations Immunities Act (22 U.S.C. 
288 et seq.); and 
‘‘(D) any governmental entity for which the 
Secretary of the Treasury has directed a Federal 
reserve bank to receive deposits as fiscal agent of 
the United States under section 15. 
‘‘(3) RESERVE BANK MASTER ACCOUNT AND SERV-
ICES.—The term ‘reserve bank master account and serv-
ices’ means an account in which a Federal reserve 
bank— 
‘‘(A) receives deposits for an entity other than 
an official accountholder; or 
‘‘(B) provides any service under section 11A(b) 
to an entity other than an official accountholder.
2299 
•HRES 1512 EH 
‘‘(b) PUBLISHING MASTER ACCOUNT AND ACCESS IN-
FORMATION.— 
‘‘(1) ONLINE DATABASE.—The Board shall create 
and maintain a public, online, and searchable database 
that contains— 
‘‘(A) a list of every entity that currently has 
access to a reserve bank master account and serv-
ices, including the date on which the access was 
granted to the extent the date is knowable; 
‘‘(B) a list of every entity that submits an ac-
cess request for a reserve bank master account and 
services after enactment of this section (or that has 
submitted an access request that is pending on the 
date of enactment of this section), including wheth-
er, and the dates on which, a request— 
‘‘(i) was submitted; and 
‘‘(ii) was approved, rejected, pending, or 
withdrawn; and 
‘‘(C) for each list described in subparagraph 
(A) or (B), the type of entity that holds or sub-
mitted an access request for a reserve bank master 
account and services, including whether such entity 
is—
2300 
•HRES 1512 EH 
‘‘(i) an insured depository institution, as 
defined in section 3 of the Federal Deposit In-
surance Act (12 U.S.C. 1813); 
‘‘(ii) an insured credit union, as defined in 
section 101 of the Federal Credit Union Act 
(12 U.S.C. 1752); or 
‘‘(iii) a depository institution that is not 
an insured depository institution or an insured 
credit union. 
‘‘(2) UPDATES.—Not less frequently than once 
every quarter, the Board shall update the database to 
add any new information required under paragraph (1). 
‘‘(3) DEADLINE.—Not later than 180 days after the 
date of enactment of this section, the Board shall pub-
lish the database with the information required under 
paragraph (1).’’. 
TITLE LVIII—FINANCIAL DATA 
TRANSPARENCY 
Sec. 5801. Short title. 
Subtitle A—Data Standards for Covered Agencies; Department of the 
Treasury Rulemaking 
Sec. 5811. Data standards. 
Sec. 5812. Open data publication by the Department of the Treasury. 
Sec. 5813. No new disclosure requirements. 
Subtitle B—Securities and Exchange Commission 
Sec. 5821. Data standards requirements for the Securities and Exchange Com-
mission. 
Sec. 5822. Open data publication by the Securities and Exchange Commission. 
Sec. 5823. Data transparency relating to municipal securities. 
Sec. 5824. Data transparency at national securities associations.
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•HRES 1512 EH 
Sec. 5825. Shorter-term burden reduction and disclosure simplification at the 
Securities and Exchange Commission; sunset. 
Sec. 5826. No new disclosure requirements. 
Subtitle C—Federal Deposit Insurance Corporation 
Sec. 5831. Data standards requirements for the Federal Deposit Insurance 
Corporation. 
Sec. 5832. Open data publication by the Federal Deposit Insurance Corpora-
tion. 
Sec. 5833. Rulemaking. 
Sec. 5834. No new disclosure requirements. 
Subtitle D—Office of the Comptroller of the Currency 
Sec. 5841. Data standards and open data publication requirements for the Of-
fice of the Comptroller of the Currency. 
Sec. 5842. Rulemaking. 
Sec. 5843. No new disclosure requirements. 
Subtitle E—Bureau of Consumer Financial Protection 
Sec. 5851. Data standards and open data publication requirements for the Bu-
reau of Consumer Financial Protection. 
Sec. 5852. Rulemaking. 
Sec. 5853. No new disclosure requirements. 
Subtitle F—Federal Reserve System 
Sec. 5861. Data standards requirements for the Board of Governors of the 
Federal Reserve System. 
Sec. 5862. Open data publication by the Board of Governors of the Federal Re-
serve System. 
Sec. 5863. Rulemaking. 
Sec. 5864. No new disclosure requirements. 
Subtitle G—National Credit Union Administration 
Sec. 5871. Data standards. 
Sec. 5872. Open data publication by the National Credit Union Administration. 
Sec. 5873. Rulemaking. 
Sec. 5874. No new disclosure requirements. 
Subtitle H—Federal Housing Finance Agency 
Sec. 5881. Data standards requirements for the Federal Housing Finance 
Agency. 
Sec. 5882. Open data publication by the Federal Housing Finance Agency. 
Sec. 5883. Rulemaking. 
Sec. 5884. No new disclosure requirements. 
Subtitle I—Miscellaneous 
Sec. 5891. Rules of construction. 
Sec. 5892. Classified and protected information. 
Sec. 5893. Report.
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SEC. 5801. SHORT TITLE. 
This title may be cited as the ‘‘Financial Data Trans-
parency Act of 2022’’. 
Subtitle A—Data Standards for Cov-
ered Agencies; Department of the 
Treasury Rulemaking 
SEC. 5811. DATA STANDARDS. 
(a) IN GENERAL.—Subtitle A of the Financial Stability 
Act of 2010 (12 U.S.C. 5321 et seq.) is amended by adding 
at the end the following: 
‘‘SEC. 124. DATA STANDARDS. 
‘‘(a) DEFINITIONS.—In this section— 
‘‘(1) the term ‘covered agencies’ means— 
‘‘(A) the Department of the Treasury; 
‘‘(B) the Board of Governors; 
‘‘(C) the Office of the Comptroller of the Cur-
rency; 
‘‘(D) the Bureau; 
‘‘(E) the Commission; 
‘‘(F) the Corporation; 
‘‘(G) the Federal Housing Finance Agency; 
‘‘(H) the National Credit Union Administra-
tion Board; and 
‘‘(I) any other primary financial regulatory 
agency designated by the Secretary;
2303 
•HRES 1512 EH 
‘‘(2) the terms ‘data asset’, ‘machine-readable’, 
‘metadata’, and ‘open license’ have the meanings given 
the terms in section 3502 of title 44, United States 
Code; and 
‘‘(3) the term ‘data standard’ means a standard 
that specifies rules by which data is described and re-
corded. 
‘‘(b) RULES.— 
‘‘(1) PROPOSED RULES.—Not later than 18 months 
after the date of enactment of this section, the heads of 
the covered agencies shall jointly issue proposed rules for 
public comment that establish data standards for— 
‘‘(A) the collections of information reported to 
each covered agency by financial entities under the 
jurisdiction of the covered agency; and 
‘‘(B) the data collected from covered agencies 
on behalf of the Council. 
‘‘(2) FINAL RULES.—Not later than 2 years after 
the date of enactment of this section, the heads of the 
covered agencies shall jointly promulgate final rules that 
establish the data standards described in paragraph (1). 
‘‘(c) DATA STANDARDS.— 
‘‘(1) COMMON IDENTIFIERS; QUALITY.—The data 
standards established in the final rules promulgated 
under subsection (b)(2) shall—
2304 
•HRES 1512 EH 
‘‘(A) include common identifiers for collections 
of information reported to covered agencies or col-
lected on behalf of the Council, which shall include 
a common nonproprietary legal entity identifier that 
is available under an open license for all entities re-
quired to report to covered agencies; and 
‘‘(B) to the extent practicable— 
‘‘(i) render data fully searchable and ma-
chine-readable; 
‘‘(ii) enable high quality data through 
schemas, with accompanying metadata docu-
mented in machine-readable taxonomy or ontol-
ogy models, which clearly define the semantic 
meaning of the data, as defined by the under-
lying regulatory information collection require-
ments; 
‘‘(iii) ensure that a data element or data 
asset that exists to satisfy an underlying regu-
latory information collection requirement be 
consistently identified as such in associated 
machine-readable metadata; 
‘‘(iv) be nonproprietary or made available 
under an open license;
2305 
•HRES 1512 EH 
‘‘(v) incorporate standards developed and 
maintained by voluntary consensus standards 
bodies; and 
‘‘(vi) use, be consistent with, and imple-
ment applicable accounting and reporting prin-
ciples. 
‘‘(2) CONSULTATION; INTEROPERABILITY.—In es-
tablishing data standards in the final rules promulgated 
under subsection (b)(2), the heads of the covered agen-
cies shall— 
‘‘(A) consult with other Federal departments 
and agencies and multi-agency initiatives respon-
sible for Federal data standards; and 
‘‘(B) seek to promote interoperability of finan-
cial regulatory data across members of the Council. 
‘‘(d) EFFECTIVE DATE.—The data standards established 
in the final rules promulgated under subsection (b)(2) shall 
take effect not later than 2 years after the date on which 
those final rules are promulgated under that subsection.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
under section 1(b) of the Dodd-Frank Wall Street Reform 
and Consumer Protection Act is amended by inserting after 
the item relating to section 123 the following: 
‘‘Sec. 124. Data standards.’’.
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•HRES 1512 EH 
SEC. 5812. OPEN DATA PUBLICATION BY THE DEPARTMENT OF 
THE TREASURY. 
(a) IN GENERAL.—Subtitle A of the Financial Stability 
Act of 2010 (12 U.S.C. 5321 et seq.), as amended by section 
5811(a), is further amended by adding at the end the fol-
lowing: 
‘‘SEC. 125. OPEN DATA PUBLICATION. 
‘‘All public data assets published by the Secretary under 
this subtitle shall be— 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
under section 1(b) of the Dodd-Frank Wall Street Reform 
and Consumer Protection Act, as amended by section 
5811(b), is further amended by inserting after the item relat-
ing to section 124 the following: 
‘‘Sec. 125. Open data publication.’’. 
(c) RULEMAKING.— 
(1) IN GENERAL.—The Secretary of the Treasury 
shall issue rules to carry out the amendments made by 
this section, which shall take effect not later than 2
2307 
•HRES 1512 EH 
years after the date on which final rules are promulgated 
under section 124(b)(2) of the Financial Stability Act of 
2010, as added by section 5811(a) of this title. 
(2) DELEGATION.—Notwithstanding any other pro-
vision of law, the Secretary of the Treasury may dele-
gate the functions required under the amendments made 
by this subtitle to an appropriate office within the De-
partment of the Treasury. 
SEC. 5813. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the Secretary of 
the Treasury to collect or make publicly available additional 
information under the Financial Stability Act of 2010 (12 
U.S.C. 5311 et seq.), beyond information that was collected 
or made publicly available under that Act, as of the day be-
fore the date of enactment of this Act. 
Subtitle B—Securities and Exchange 
Commission 
SEC. 5821. DATA STANDARDS REQUIREMENTS FOR THE SECURI-
TIES AND EXCHANGE COMMISSION. 
(a) DATA STANDARDS FOR INVESTMENT ADVISERS’ RE-
PORTS UNDER THE INVESTMENT ADVISERS ACT OF 1940.— 
Section 204 of the Investment Advisers Act of 1940 (15 
U.S.C. 80b–4) is amended—
2308 
•HRES 1512 EH 
(1) by redesignating the second subsection (d) (re-
lating to ‘‘Records of Persons With Custody of Use’’) as 
subsection (e); and 
(2) by adding at the end the following: 
‘‘(f) DATA STANDARDS FOR REPORTS FILED UNDER 
THIS SECTION.— 
‘‘(1) REQUIREMENT.—The Commission shall, by 
rule, adopt data standards for all reports filed by invest-
ment advisers with the Commission under this section. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
(b) DATA STANDARDS FOR REGISTRATION STATEMENTS 
AND REPORTS UNDER THE INVESTMENT COMPANY ACT OF 
1940.—The Investment Company Act of 1940 (15 U.S.C. 
80a–1 et seq.) is amended— 
(1) in section 8 (15 U.S.C. 80a–8), by adding at 
the end the following: 
‘‘(g) DATA STANDARDS
FOR REGISTRATION STATE-
MENTS.—
2309 
•HRES 1512 EH 
‘‘(1) REQUIREMENT.—The Commission shall, by 
rule, adopt data standards for all registration statements 
required to be filed with the Commission under this sec-
tion, except that the Commission may exempt exhibits, 
signatures, and certifications from those data standards. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’; and 
(2) in section 30 (15 U.S.C. 80a–29), by adding at 
the end the following: 
‘‘(k) DATA STANDARDS FOR REPORTS.— 
‘‘(1) REQUIREMENT.—The Commission shall, by 
rule, adopt data standards for all reports required to be 
filed with the Commission under this section, except that 
the Commission may exempt exhibits, signatures, and 
certifications from those data standards. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under
2310 
•HRES 1512 EH 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
(c) DATA STANDARDS FOR INFORMATION REQUIRED TO 
BE SUBMITTED
OR PUBLISHED
BY NATIONALLY RECOG-
NIZED STATISTICAL RATING ORGANIZATIONS.—Section 15E 
of the Securities Exchange Act of 1934 (15 U.S.C. 78o–7) 
is amended by adding at the end the following: 
‘‘(w) DATA STANDARDS FOR INFORMATION REQUIRED 
TO BE SUBMITTED
OR PUBLISHED UNDER THIS SEC-
TION.— 
‘‘(1) REQUIREMENT.—The Commission shall, by 
rule, adopt data standards for all collections of informa-
tion required to be submitted or published by a nation-
ally recognized statistical rating organization under this 
section. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’.
2311 
•HRES 1512 EH 
(d) DATA STANDARDS FOR ASSET-BACKED SECURITIES 
DISCLOSURES.—Section 7(c) of the Securities Act of 1933 
(15 U.S.C. 77g(c)) is amended by adding at the end the fol-
lowing: 
‘‘(3) DATA STANDARDS FOR ASSET-BACKED SECURI-
TIES DISCLOSURES.— 
‘‘(A) REQUIREMENT.—The Commission shall, 
by rule, adopt data standards for all disclosures re-
quired under this subsection. 
‘‘(B) CONSISTENCY.—The data standards re-
quired under subparagraph (A) shall incorporate, 
and ensure compatibility with (to the extent fea-
sible), all applicable data standards established in 
the rules promulgated under section 124 of the Fi-
nancial Stability Act of 2010, including, to the ex-
tent practicable, by having the characteristics de-
scribed in clauses (i) through (vi) of subsection 
(c)(1)(B) of such section 124.’’. 
(e) DATA STANDARDS FOR CORPORATE DISCLOSURES 
UNDER THE SECURITIES ACT OF 1933.—Title I of the Secu-
rities Act of 1933 (15 U.S.C. 77a et seq.) is amended by add-
ing at the end the following: 
‘‘SEC. 29. DATA STANDARDS. 
‘‘(a) REQUIREMENT.—The Commission shall, by rule, 
adopt data standards for all registration statements, and for
2312 
•HRES 1512 EH 
all prospectuses included in registration statements, required 
to be filed with the Commission under this title, except that 
the Commission may exempt exhibits, signatures, and certifi-
cations from those data standards. 
‘‘(b) CONSISTENCY.—The data standards required under 
subsection (a) shall incorporate, and ensure compatibility 
with (to the extent feasible), all applicable data standards es-
tablished in the rules promulgated under section 124 of the 
Financial Stability Act of 2010, including, to the extent prac-
ticable, by having the characteristics described in clauses (i) 
through (vi) of subsection (c)(1)(B) of such section 124.’’. 
(f) DATA STANDARDS
FOR PERIODIC
AND CURRENT 
CORPORATE DISCLOSURES UNDER
THE SECURITIES EX-
CHANGE ACT OF 1934.—Section 13 of the Securities Ex-
change Act of 1934 (15 U.S.C. 78m) is amended by adding 
at the end the following: 
‘‘(s) DATA STANDARDS.— 
‘‘(1) REQUIREMENT.—The Commission shall, by 
rule, adopt data standards for all collections of informa-
tion with respect to periodic and current reports re-
quired to be filed or furnished under this section or 
under section 15(d), except that the Commission may ex-
empt exhibits, signatures, and certifications from those 
data standards.
2313 
•HRES 1512 EH 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
(g) DATA STANDARDS
FOR CORPORATE PROXY
AND 
CONSENT SOLICITATION MATERIALS UNDER THE SECURI-
TIES EXCHANGE ACT OF 1934.—Section 14 of the Securities 
Exchange Act of 1934 (15 U.S.C. 78n) is amended by adding 
at the end the following: 
‘‘(k) DATA STANDARDS FOR PROXY AND CONSENT SO-
LICITATION MATERIALS.— 
‘‘(1) REQUIREMENT.—The Commission shall, by 
rule, adopt data standards for all information contained 
in any proxy or consent solicitation material prepared by 
an issuer for an annual meeting of the shareholders of 
the issuer, except that the Commission may exempt ex-
hibits, signatures, and certifications from those data 
standards. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data
2314 
•HRES 1512 EH 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
(h) DATA STANDARDS FOR SECURITY-BASED SWAP RE-
PORTING.—The Securities Exchange Act of 1934 (15 U.S.C. 
78a et seq.) is amended by adding at the end the following: 
‘‘SEC. 41. DATA STANDARDS FOR SECURITY-BASED SWAP RE-
PORTING. 
‘‘(a) REQUIREMENT.—The Commission shall, by rule, 
adopt data standards for all reports related to security-based 
swaps that are required under this Act. 
‘‘(b) CONSISTENCY.—The data standards required under 
subsection (a) shall incorporate, and ensure compatibility 
with (to the extent feasible), all applicable data standards es-
tablished in the rules promulgated under section 124 of the 
Financial Stability Act of 2010, including, to the extent prac-
ticable, by having the characteristics described in clauses (i) 
through (vi) of subsection (c)(1)(B) of such section 124.’’. 
(i) RULEMAKING.— 
(1) IN
GENERAL.—The rules that the Securities 
and Exchange Commission are required to issue under 
the amendments made by this section shall take effect 
not later than 2 years after the date on which final rules
2315 
•HRES 1512 EH 
are promulgated under section 124(b)(2) of the Finan-
cial Stability Act of 2010, as added by section 5811(a) 
of this title. 
(2) SCALING
OF
REGULATORY
REQUIREMENTS; 
MINIMIZING DISRUPTION.—In issuing the rules required 
under the amendments made by this section, as de-
scribed in paragraph (1), the Securities and Exchange 
Commission— 
(A) may scale data reporting requirements in 
order to reduce any unjustified burden on emerging 
growth companies, lending institutions, accelerated 
filers, smaller reporting companies, and other small-
er issuers, as determined by any study required 
under section 5825(b), while still providing search-
able information to investors; and 
(B) shall seek to minimize disruptive changes 
to the persons affected by those rules. 
SEC. 5822. OPEN DATA PUBLICATION BY THE SECURITIES AND 
EXCHANGE COMMISSION. 
Section 4 of the Securities Exchange Act of 1934 (15 
U.S.C. 78d) is amended by adding at the end the following: 
‘‘(k) OPEN DATA PUBLICATION.—All public data assets 
published by the Commission under the securities laws and 
the Dodd-Frank Wall Street Reform and Consumer Protec-
tion Act (Public Law 111–203; 124 Stat. 1376) shall be—
2316 
•HRES 1512 EH 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
SEC. 5823. DATA TRANSPARENCY RELATING TO MUNICIPAL SE-
CURITIES. 
(a) IN GENERAL.—Section 15B(b) of the Securities Ex-
change Act of 1934 (15 U.S.C. 78o–4(b)) is amended by add-
ing at the end the following: 
‘‘(8)(A) The Commission shall adopt data standards for 
information submitted to the Board. 
‘‘(B) Any data standards adopted under subparagraph 
(A) shall incorporate, and ensure compatibility with (to the 
extent feasible), all applicable data standards established in 
the rules promulgated under section 124 of the Financial 
Stability Act of 2010, including, to the extent practicable, by 
having the characteristics described in clauses (i) through (vi) 
of subsection (c)(1)(B) of such section 124. 
‘‘(C) The Commission shall consult market participants 
in establishing data standards under subparagraph (A). 
‘‘(D) Nothing in this paragraph may be construed to af-
fect the operation of paragraph (1) or (2) of subsection (d).’’.
2317 
•HRES 1512 EH 
(b) RULEMAKING.— 
(1) IN GENERAL.—Not later than 2 years after the 
date on which final rules are promulgated under section 
124(b)(2) of the Financial Stability Act of 2010, as 
added by section 5811(a) of this title, the Securities and 
Exchange Commission shall issue rules to adopt the data 
standards required under paragraph (8) of section 
15B(b) of the Securities Exchange Act of 1934 (15 
U.S.C. 78o–4(b)), as added by subsection (a) of this sec-
tion. 
(2) SCALING
OF
REGULATORY
REQUIREMENTS; 
MINIMIZING DISRUPTION.—In issuing the rules described 
in paragraph (1) that adopt the data standards de-
scribed in that paragraph, the Securities and Exchange 
Commission— 
(A) may scale those data standards in order to 
reduce any unjustified burden on smaller regulated 
entities; and 
(B) shall seek to minimize disruptive changes 
to the persons affected by those rules. 
SEC. 5824. DATA TRANSPARENCY AT NATIONAL SECURITIES AS-
SOCIATIONS. 
(a) IN GENERAL.—Section 15A of the Securities Ex-
change Act of 1934 (15 U.S.C. 78o–3) is amended by adding 
at the end the following:
2318 
•HRES 1512 EH 
‘‘(n) DATA STANDARDS.— 
‘‘(1) REQUIREMENT.—A national securities associa-
tion registered pursuant to subsection (a) shall adopt 
data standards for all information that is regularly filed 
with or submitted to the association. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
(b) RULEMAKING.— 
(1) IN GENERAL.—Not later than 2 years after the 
date on which final rules are promulgated under section 
124(b)(2) of the Financial Stability Act of 2010, as 
added by section 5811(a) of this title, each national se-
curities association registered pursuant to section 15A(a) 
of the Securities Exchange Act of 1934 (15 U.S.C. 78o– 
3(a)) shall issue rules to adopt the standards required 
under subsection (n) of section 15A of the Securities Ex-
change Act of 1934 (15 U.S.C. 78o–3), as added by sub-
section (a) of this section.
2319 
•HRES 1512 EH 
(2) SCALING
OF
REGULATORY
REQUIREMENTS; 
MINIMIZING DISRUPTION.—In issuing the rules required 
under paragraph (1), a national securities association 
described in that paragraph— 
(A) may scale data reporting requirements in 
order to reduce any unjustified burden on smaller 
regulated entities; and 
(B) shall seek to minimize disruptive changes 
to the persons affected by those standards. 
SEC. 5825. SHORTER-TERM BURDEN REDUCTION AND DISCLO-
SURE SIMPLIFICATION AT THE SECURITIES AND 
EXCHANGE COMMISSION; SUNSET. 
(a) BETTER ENFORCEMENT OF THE QUALITY OF COR-
PORATE FINANCIAL DATA SUBMITTED TO THE SECURITIES 
AND EXCHANGE COMMISSION.— 
(1) DATA QUALITY IMPROVEMENT PROGRAM.— 
(A) IN GENERAL.—Not later than 180 days 
after the date of enactment of this Act, the Securi-
ties and Exchange Commission shall establish a 
program to improve the quality of corporate finan-
cial data filed or furnished by issuers under the Se-
curities Act of 1933 (15 U.S.C. 77a et seq.), the 
Securities Exchange Act of 1934 (15 U.S.C. 78a et 
seq.), and the Investment Company Act of 1940 (15 
U.S.C. 80a–1 et seq.).
2320 
•HRES 1512 EH 
(B) CONTENTS.—The program established 
under subparagraph (A) shall include the following: 
(i) The designation of an official in the 
Office of the Chairman of the Securities and 
Exchange Commission responsible for the im-
provement of the quality of data filed with or 
furnished to the Commission by issuers. 
(ii) The issuance by the Division of Cor-
poration Finance of the Securities and Ex-
change Commission of comment letters requir-
ing correction of errors in data filings and sub-
missions, where necessary. 
(2) GOALS.—In establishing the program required 
under this subsection, the Securities and Exchange Com-
mission shall seek to— 
(A) improve the quality of data filed with or 
furnished to the Commission to a commercially ac-
ceptable level; and 
(B) make data filed with or furnished to the 
Commission useful to investors. 
(b) REPORT
ON
THE USE
OF MACHINE-READABLE 
DATA FOR CORPORATE DISCLOSURES.— 
(1) IN GENERAL.—Not later than 180 days after 
the date of enactment of this Act, and once every 180 
days thereafter, the Securities and Exchange Commis-
2321 
•HRES 1512 EH 
sion shall submit to the Committee on Banking, Hous-
ing, and Urban Affairs of the Senate and the Committee 
on Financial Services of the House of Representatives a 
report regarding the public and internal use of machine- 
readable data for corporate disclosures. 
(2) CONTENT.—Each report required under para-
graph (1) shall include— 
(A) an identification of which corporate disclo-
sures required under section 7 of the Securities Act 
of 1933 (15 U.S.C. 77g), section 13 of the Securi-
ties Exchange Act of 1934 (15 U.S.C. 78m), and 
section 14 of the Securities Exchange Act of 1934 
(15 U.S.C. 78n) are expressed as machine-readable 
data and which are not; 
(B) an analysis of the costs and benefits of the 
use of machine-readable data in corporate disclosure 
to investors, markets, the Securities and Exchange 
Commission, and issuers; 
(C) a summary of enforcement actions that re-
sult from the use or analysis of machine-readable 
data collected under the provisions of law described 
in subparagraph (A); and 
(D) an analysis of how the Securities and Ex-
change Commission uses the machine-readable data 
collected by the Commission.
2322 
•HRES 1512 EH 
(c) SUNSET.—Beginning on the date that is 7 years 
after the date of enactment of this Act, this section shall have 
no force or effect. 
SEC. 5826. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the Securities and 
Exchange Commission, the Municipal Securities Rulemaking 
Board, or any national securities association to collect or 
make publicly available additional information under the pro-
visions of law amended by this subtitle (or under any provi-
sion of law referenced in an amendment made by this sub-
title), beyond information that was collected or made publicly 
available under any such provision, as of the day before the 
date of enactment of this Act. 
Subtitle C—Federal Deposit 
Insurance Corporation 
SEC. 5831. DATA STANDARDS REQUIREMENTS FOR THE FED-
ERAL DEPOSIT INSURANCE CORPORATION. 
The Federal Deposit Insurance Act (12 U.S.C. 1811 et 
seq.) is amended by adding at the end the following: 
‘‘SEC. 52. DATA STANDARDS. 
‘‘(a) DEFINITION.—In this section, the term ‘financial 
company’ has the meaning given the term in section 201(a) 
of the Dodd-Frank Wall Street Reform and Consumer Pro-
tection Act (12 U.S.C. 5381(a)).
2323 
•HRES 1512 EH 
‘‘(b) REQUIREMENT.—The Corporation shall, by rule, 
adopt data standards for all collections of information with 
respect to information received by the Corporation from any 
depository institution or financial company under this Act or 
under title II of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (12 U.S.C. 5381 et seq.). 
‘‘(c) CONSISTENCY.—The data standards required under 
subsection (b) shall incorporate, and ensure compatibility 
with (to the extent feasible), all applicable data standards es-
tablished in the rules promulgated under section 124 of the 
Financial Stability Act of 2010, including, to the extent prac-
ticable, by having the characteristics described in clauses (i) 
through (vi) of subsection (c)(1)(B) of such section 124.’’. 
SEC. 5832. OPEN DATA PUBLICATION BY THE FEDERAL DE-
POSIT INSURANCE CORPORATION. 
The Federal Deposit Insurance Act (12 U.S.C. 1811 et 
seq.), as amended by section 5831, is further amended by 
adding at the end the following: 
‘‘SEC. 53. OPEN DATA PUBLICATION. 
‘‘All public data assets published by the Corporation 
under this Act or under the Dodd-Frank Wall Street Reform 
and Consumer Protection Act (Public Law 111–203; 124 
Stat. 1376) shall be—
2324 
•HRES 1512 EH 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
SEC. 5833. RULEMAKING. 
(a) IN GENERAL.—The Federal Deposit Insurance Cor-
poration shall issue rules to carry out the amendments made 
by this subtitle, which shall take effect not later than 2 years 
after the date on which final rules are promulgated under 
section 124(b)(2) of the Financial Stability Act of 2010, as 
added by section 5811(a) of this title. 
(b) SCALING OF REGULATORY REQUIREMENTS; MINI-
MIZING DISRUPTION.—In issuing the rules required under 
subsection (a), the Federal Deposit Insurance Corporation— 
(1) may scale data reporting requirements in order 
to reduce any unjustified burden on smaller regulated 
entities; and 
(2) shall seek to minimize disruptive changes to the 
persons affected by those regulations. 
SEC. 5834. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this title, or the amendments made by this 
title, shall be construed to require the Federal Deposit Insur-
2325 
•HRES 1512 EH 
ance Corporation to collect or make publicly available addi-
tional information under the Acts amended by this title (or 
under any provision of law referenced in an amendment made 
by this title), beyond information that was collected or made 
publicly available under any such provision, as of the day be-
fore the date of enactment of this Act. 
Subtitle D—Office of the Comptroller 
of the Currency 
SEC. 5841. DATA STANDARDS AND OPEN DATA PUBLICATION 
REQUIREMENTS FOR THE OFFICE OF THE COMP-
TROLLER OF THE CURRENCY. 
The Revised Statutes of the United States is amended 
by inserting after section 332 (12 U.S.C. 14) the following: 
‘‘SEC. 333. DATA STANDARDS; OPEN DATA PUBLICATION. 
‘‘(a) DATA STANDARDS.— 
‘‘(1) REQUIREMENT.—The Comptroller of the Cur-
rency shall, by rule, adopt data standards for all collec-
tions of information that are regularly filed with or sub-
mitted to the Comptroller of the Currency by any entity 
with respect to which the Office of the Comptroller of 
the Currency is the appropriate Federal banking agency 
(as defined in section 3 of the Federal Deposit Insurance 
Act (12 U.S.C. 1813)). 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
2326 
•HRES 1512 EH 
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124. 
‘‘(b) OPEN DATA PUBLICATION.—All public data assets 
published by the Comptroller of the Currency under title 
LXII or the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (Public Law 111–203; 124 Stat. 1376) shall 
be— 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
SEC. 5842. RULEMAKING. 
(a) IN GENERAL.—The Comptroller of the Currency 
shall issue rules to carry out the amendments made by sec-
tion 5841, which shall take effect not later than 2 years after 
the date on which final rules are promulgated under section 
124(b)(2) of the Financial Stability Act of 2010, as added by 
section 5811(a) of this title.
2327 
•HRES 1512 EH 
(b) SCALING OF REGULATORY REQUIREMENTS; MINI-
MIZING DISRUPTION.—In issuing the rules required under 
subsection (a), the Comptroller of the Currency— 
(1) may scale data reporting requirements in order 
to reduce any unjustified burden on smaller regulated 
entities; and 
(2) shall seek to minimize disruptive changes to the 
persons affected by those regulations. 
SEC. 5843. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the Comptroller of 
the Currency to collect or make publicly available additional 
information under the Revised Statutes of the United States 
(or under any other provision of law referenced in an amend-
ment made by this subtitle), beyond information that was col-
lected or made publicly available under any such provision of 
law, as of the day before the date of enactment of this Act. 
Subtitle E—Bureau of Consumer 
Financial Protection 
SEC. 5851. DATA STANDARDS AND OPEN DATA PUBLICATION 
REQUIREMENTS FOR THE BUREAU OF CONSUMER 
FINANCIAL PROTECTION. 
(a) IN GENERAL.—Subtitle A of the Consumer Financial 
Protection Act of 2010 (12 U.S.C. 5491 et seq.) is amended 
by—
2328 
•HRES 1512 EH 
(1) redesignating section 1018 (12 U.S.C. 5491 
note) as section 1020; and 
(2) by inserting after section 1017 (12 U.S.C. 
5497) the following: 
‘‘SEC. 1018. DATA STANDARDS. 
‘‘(a) REQUIREMENT.—The Bureau shall, by rule, adopt 
data standards for all collections of information that are reg-
ularly filed with or submitted to the Bureau. 
‘‘(b) CONSISTENCY.—The data standards required under 
subsection (a) shall incorporate, and ensure compatibility 
with (to the extent feasible), all applicable data standards es-
tablished in the rules promulgated under section 124 of the 
Financial Stability Act of 2010, including, to the extent prac-
ticable, by having the characteristics described in clauses (i) 
through (vi) of subsection (c)(1)(B) of such section 124. 
‘‘SEC. 1019. OPEN DATA PUBLICATION. 
‘‘All public data assets published by the Bureau shall 
be— 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’.
2329 
•HRES 1512 EH 
(b) CLERICAL AMENDMENT.—The table of contents 
under section 1(b) of the Dodd-Frank Wall Street Reform 
and Consumer Protection Act is amended by striking the 
item relating to section 1018 and inserting the following: 
‘‘Sec. 1018. Data standards. 
‘‘Sec. 1019. Open data publication. 
‘‘Sec. 1020. Effective date.’’. 
SEC. 5852. RULEMAKING. 
(a) IN GENERAL.—The Director of the Bureau of Con-
sumer Financial Protection shall issue rules to carry out the 
amendments made by section 5851, which shall take effect 
not later than 2 years after the date on which final rules are 
promulgated under section 124(b)(2) of the Financial Sta-
bility Act of 2010, as added by section 5811(a) of this title. 
(b) SCALING OF REGULATORY REQUIREMENTS; MINI-
MIZING DISRUPTION.—In issuing the rules required under 
subsection (a), the Director of the Bureau of Consumer Fi-
nancial Protection— 
(1) may scale data reporting requirements in order 
to reduce any unjustified burden on smaller regulated 
entities; and 
(2) shall seek to minimize disruptive changes to the 
persons affected by those regulations. 
SEC. 5853. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the Bureau of Con-
sumer Financial Protection to collect or make publicly avail-
2330 
•HRES 1512 EH 
able additional information under the Consumer Financial 
Protection Act of 2010 (12 U.S.C. 5481 et seq.), beyond in-
formation that was collected or made publicly available under 
that Act, as of the day before the date of enactment of this 
Act. 
Subtitle F—Federal Reserve System 
SEC. 5861. DATA STANDARDS REQUIREMENTS FOR THE BOARD 
OF GOVERNORS OF THE FEDERAL RESERVE SYS-
TEM. 
(a) DATA STANDARDS
FOR INFORMATION FILED
OR 
SUBMITTED BY NONBANK FINANCIAL COMPANIES.—Section 
161(a) of the Financial Stability Act of 2010 (12 U.S.C. 
5361(a)) is amended by adding at the end the following: 
‘‘(4) DATA STANDARDS FOR REPORTS UNDER THIS 
SUBSECTION.— 
‘‘(A) IN GENERAL.—The Board of Governors 
shall adopt data standards for all information that, 
through a collection of information, is regularly 
filed with or submitted to the Board of Governors 
under this subsection by any nonbank financial 
company supervised by the Board of Governors or 
any subsidiary thereof. 
‘‘(B) CONSISTENCY.—The data standards re-
quired under subparagraph (A) shall incorporate, 
and ensure compatibility with (to the extent fea-
2331 
•HRES 1512 EH 
sible), all applicable data standards established in 
the rules promulgated under section 124, including, 
to the extent practicable, by having the characteris-
tics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of section 124.’’. 
(b) DATA STANDARDS
FOR INFORMATION FILED
OR 
SUBMITTED BY SAVINGS AND LOAN HOLDING COMPANIES.— 
Section 10 of the Home Owners’ Loan Act (12 U.S.C. 
1467a) is amended by adding at the end the following: 
‘‘(u) DATA STANDARDS.— 
‘‘(1) REQUIREMENT.—The Board shall adopt data 
standards for all information that, through a collection 
of information, is regularly filed with or submitted to the 
Board by any savings and loan holding company, or sub-
sidiary of a savings and loan holding company, other 
than a depository institution, under this section. 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’.
2332 
•HRES 1512 EH 
(c) DATA STANDARDS
FOR INFORMATION FILED
OR 
SUBMITTED BY BANK HOLDING COMPANIES.—Section 5 of 
the Bank Holding Company Act of 1956 (12 U.S.C. 1844) 
is amended by adding at the end the following: 
‘‘(h) DATA STANDARDS.— 
‘‘(1) REQUIREMENT.—The Board shall adopt data 
standards for all information that, through a collection 
of information, is regularly filed with or submitted to the 
Board by any bank holding company in a report under 
subsection (c). 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
(d) DATA STANDARDS FOR INFORMATION SUBMITTED 
BY FINANCIAL MARKET UTILITIES OR INSTITUTIONS UNDER 
THE PAYMENT, CLEARING, AND SETTLEMENT SUPERVISION 
ACT OF 2010.—Section 809 of the Payment, Clearing, and 
Settlement Supervision Act of 2010 (12 U.S.C. 5468) is 
amended by adding at the end the following: 
‘‘(h) DATA STANDARDS.—
2333 
•HRES 1512 EH 
‘‘(1) REQUIREMENT.—The Board of Governors 
shall adopt data standards for all information that, 
through a collection of information, is regularly filed 
with or submitted to the Board or the Council by any 
financial market utility or financial institution under 
subsection (a) or (b). 
‘‘(2) CONSISTENCY.—The data standards required 
under paragraph (1) shall incorporate, and ensure com-
patibility with (to the extent feasible), all applicable data 
standards established in the rules promulgated under 
section 124 of the Financial Stability Act of 2010, in-
cluding, to the extent practicable, by having the charac-
teristics described in clauses (i) through (vi) of sub-
section (c)(1)(B) of such section 124.’’. 
SEC. 5862. OPEN DATA PUBLICATION BY THE BOARD OF GOV-
ERNORS OF THE FEDERAL RESERVE SYSTEM. 
The Federal Reserve Act (12 U.S.C. 226 et seq.) is 
amended by adding at the end the following: 
‘‘SEC. 32. OPEN DATA PUBLICATION BY THE BOARD OF GOV-
ERNORS. 
‘‘All public data assets published by the Board of Gov-
ernors under this Act, the Bank Holding Company Act of 
1956 (12 U.S.C. 1841 et seq.), the Financial Stability Act 
of 2010 (12 U.S.C. 5311 et seq.), the Home Owners’ Loan 
Act (12 U.S.C. 1461 et seq.), the Payment, Clearing, and
2334 
•HRES 1512 EH 
Settlement Supervision Act of 2010 (12 U.S.C. 5461 et seq.), 
or the Enhancing Financial Institution Safety and Soundness 
Act of 2010 (title III of Public Law 111–203) (or any provi-
sion of law amended by that Act) shall be— 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
SEC. 5863. RULEMAKING. 
(a) IN GENERAL.—The Board of Governors of the Fed-
eral Reserve System shall issue rules to carry out the amend-
ments made by this subtitle, which shall take effect not later 
than 2 years after the date on which final rules are promul-
gated under section 124(b)(2) of the Financial Stability Act 
of 2010, as added by section 5811(a) of this title. 
(b) SCALING OF REGULATORY REQUIREMENTS; MINI-
MIZING DISRUPTION.—In issuing the rules required under 
subsection (a), the Board of Governors of the Federal Re-
serve System— 
(1) may scale data reporting requirements in order 
to reduce any unjustified burden on smaller regulated 
entities; and
2335 
•HRES 1512 EH 
(2) shall seek to minimize disruptive changes to the 
persons affected by those regulations. 
SEC. 5864. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the Board of Gov-
ernors of the Federal Reserve System to collect or make pub-
licly available additional information under any Act amended 
by this subtitle, any Act referenced in an amendment made 
by this subtitle, or any Act amended by an Act referenced in 
an amendment made by this subtitle, beyond information that 
was collected or made publicly available under any such pro-
vision of law, as of the day before the date of enactment of 
this Act. 
Subtitle G—National Credit Union 
Administration 
SEC. 5871. DATA STANDARDS. 
Title I of the Federal Credit Union Act (12 U.S.C. 1752 
et seq.) is amended by adding at the end the following: 
‘‘SEC. 132. DATA STANDARDS. 
‘‘(a) REQUIREMENT.—The Board shall, by rule, adopt 
data standards for all collections of information and reports 
regularly filed with or submitted to the Administration under 
this Act. 
‘‘(b) CONSISTENCY.—The data standards required under 
subsection (a) shall incorporate, and ensure compatibility
2336 
•HRES 1512 EH 
with (to the extent feasible), all applicable data standards es-
tablished in the rules promulgated under section 124 of the 
Financial Stability Act of 2010, including, to the extent prac-
ticable, by having the characteristics described in clauses (i) 
through (vi) of subsection (c)(1)(B) of such section 124.’’. 
SEC. 5872. OPEN DATA PUBLICATION BY THE NATIONAL CREDIT 
UNION ADMINISTRATION. 
Title I of the Federal Credit Union Act (12 U.S.C. 1752 
et seq.), as amended by section 5701, is further amended by 
adding at the end the following: 
‘‘SEC. 133. OPEN DATA PUBLICATION. 
‘‘All public data assets published by the Administration 
under this title shall be— 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
SEC. 5873. RULEMAKING. 
(a) IN GENERAL.—The National Credit Union Adminis-
tration Board shall issue rules to carry out the amendments 
made by this subtitle, which shall take effect not later than 
2 years after the date on which final rules are promulgated
2337 
•HRES 1512 EH 
under section 124(b)(2) of the Financial Stability Act of 
2010, as added by section 5811(a) of this title. 
(b) SCALING OF REGULATORY REQUIREMENTS; MINI-
MIZING DISRUPTION.—In issuing the rules required under 
subsection (a), the National Credit Union Administration 
Board— 
(1) may scale data reporting requirements in order 
to reduce any unjustified burden on smaller regulated 
entities; and 
(2) shall seek to minimize disruptive changes to the 
persons affected by those regulations. 
SEC. 5874. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the National Credit 
Union Administration Board to collect or make publicly avail-
able additional information under the Federal Credit Union 
Act (12 U.S.C. 1751 et seq.), beyond information that was 
collected or made publicly available under that Act, as of the 
day before the date of enactment of this Act.
2338 
•HRES 1512 EH 
Subtitle H—Federal Housing Finance 
Agency 
SEC. 5881. DATA STANDARDS REQUIREMENTS FOR THE FED-
ERAL HOUSING FINANCE AGENCY. 
Part 1 of subtitle A of the Federal Housing Enterprises 
Financial Safety and Soundness Act of 1992 (12 U.S.C. 
4511 et seq.) is amended by adding at the end the following: 
‘‘SEC. 1319H. DATA STANDARDS. 
‘‘(a) REQUIREMENT.—The Agency shall, by rule, adopt 
data standards for all collections of information that are reg-
ularly filed with or submitted to the Agency. 
‘‘(b) CONSISTENCY.—The data standards required under 
subsection (a) shall incorporate, and ensure compatibility 
with (to the extent feasible), all applicable data standards es-
tablished in the rules promulgated under section 124 of the 
Financial Stability Act of 2010, including, to the extent prac-
ticable, by having the characteristics described in clauses (i) 
through (vi) of subsection (c)(1)(B) of such section 124.’’. 
SEC. 5882. OPEN DATA PUBLICATION BY THE FEDERAL HOUS-
ING FINANCE AGENCY. 
Part 1 of subtitle A of the Federal Housing Enterprises 
Financial Safety and Soundness Act of 1992 (12 U.S.C. 
4511 et seq.), as amended by section 5801, is further amend-
ed by adding at the end the following:
2339 
•HRES 1512 EH 
‘‘SEC. 1319I. OPEN DATA PUBLICATION. 
‘‘All public data assets published by the Agency shall 
be— 
‘‘(1) made available as an open Government data 
asset (as defined in section 3502 of title 44, United 
States Code); 
‘‘(2) freely available for download; 
‘‘(3) rendered in a human-readable format; and 
‘‘(4) accessible via application programming inter-
face where appropriate.’’. 
SEC. 5883. RULEMAKING. 
(a) IN GENERAL.—The Director of the Federal Housing 
Finance Agency shall issue rules to carry out the amend-
ments made by this subtitle, which shall take effect not later 
than 2 years after the date on which final rules are promul-
gated under section 124(b)(2) of the Financial Stability Act 
of 2010, as added by section 5811(a) of this title. 
(b) MINIMIZING DISRUPTION.—In issuing the regula-
tions required under subsection (a), the Director of the Fed-
eral Housing Finance Agency shall seek to minimize disrup-
tive changes to the persons affected by those rules. 
SEC. 5884. NO NEW DISCLOSURE REQUIREMENTS. 
Nothing in this subtitle, or the amendments made by 
this subtitle, shall be construed to require the Federal Hous-
ing Finance Agency to collect or make publicly available addi-
tional information under the Federal Housing Enterprises Fi-
2340 
•HRES 1512 EH 
nancial Safety and Soundness Act of 1992 (12 U.S.C. 4501 
et seq.), beyond information that was collected or made pub-
licly available under that Act, as of the day before the date 
of enactment of this Act. 
Subtitle I—Miscellaneous 
SEC. 5891. RULES OF CONSTRUCTION. 
(a) NO EFFECT ON INTELLECTUAL PROPERTY.—Noth-
ing in this title, or the amendments made by this title, may 
be construed to alter the legal protections, as in effect on the 
day before the date of enactment of this Act, of copyrighted 
material or other intellectual property rights of any non-Fed-
eral person. 
(b) NO EFFECT ON MONETARY POLICY.—Nothing in 
this title, or the amendments made by this title, may be con-
strued to apply to activities conducted, or data standards 
used, in connection with monetary policy proposed or imple-
mented by the Board of Governors of the Federal Reserve 
System or the Federal Open Market Committee. 
(c) PRESERVATION OF AGENCY AUTHORITY TO TAILOR 
REQUIREMENTS.—Nothing in this title, or the amendments 
made by this title, may be construed to prohibit the head of 
a covered agency, as defined in section 124(a) of the Finan-
cial Stability Act of 2010, as added by section 5811(a) of this 
title, from tailoring those standards when those standards are
2341 
•HRES 1512 EH 
adopted under this title and the amendments made by this 
title. 
SEC. 5892. CLASSIFIED AND PROTECTED INFORMATION. 
(a) IN GENERAL.—Nothing in this title, or the amend-
ments made by this title, shall require the disclosure to the 
public of— 
(1) information that would be exempt from disclo-
sure under section 552 of title 5, United States Code 
(commonly known as the ‘‘Freedom of Information 
Act’’); or 
(2) information protected under— 
(A) section 552a of title 5, United States Code 
(commonly known as the ‘‘Privacy Act of 1974’’); 
(B) section 6103 of the Internal Revenue Code 
of 1986; or 
(C) any law administered, or regulation pro-
mulgated, by the Financial Crimes Enforcement 
Network of the Department of the Treasury. 
(b) EXISTING AGENCY REGULATIONS.—Nothing in this 
title, or the amendments made by this title, shall be con-
strued to require the Secretary of the Treasury, the Securi-
ties and Exchange Commission, the Federal Deposit Insur-
ance Corporation, the Comptroller of the Currency, the Direc-
tor of the Bureau of Consumer Financial Protection, the 
Board of Governors of the Federal Reserve System, the Na-
2342 
•HRES 1512 EH 
tional Credit Union Administration Board, the Director of 
the Federal Housing Finance Agency, or the head of any 
other primary financial regulatory agency (as defined in sec-
tion 2 of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (12 U.S.C. 5301)) designated by the Secretary 
of the Treasury to amend regulations and procedures, as in 
effect on the day before the date of enactment of this Act, 
regarding the sharing and disclosure of nonpublic informa-
tion, including confidential supervisory information. 
(c) DATA PRIVACY AND PERSONALLY IDENTIFIABLE IN-
FORMATION.—Nothing in this title, or the amendments made 
by this title, shall be construed to require the Secretary of 
the Treasury, the Securities and Exchange Commission, the 
Federal Deposit Insurance Corporation, the Comptroller of 
the Currency, the Director of the Bureau of Consumer Fi-
nancial Protection, the Board of Governors of the Federal 
Reserve System, the National Credit Union Administration 
Board, the Director of the Federal Housing Finance Agency, 
or the head of any other primary financial regulatory agency 
(as defined in section 2 of the Dodd-Frank Wall Street Re-
form and Consumer Protection Act (12 U.S.C. 5301)) des-
ignated by the Secretary of the Treasury to disclose to the 
public any information that can be used to distinguish or 
trace the identity of an individual, either alone or when com-
2343 
•HRES 1512 EH 
bined with other personal or identifying information that is 
linked or linkable to a specific individual. 
SEC. 5893. REPORT. 
Not later than 3 years after the date of enactment of 
this Act, the Comptroller General of the United States shall 
submit to Congress a report on the feasibility, costs, and po-
tential benefits of building upon the taxonomy established by 
this title, and the amendments made by this title, to arrive 
at a Federal Governmentwide regulatory compliance stand-
ardization mechanism similar to Standard Business Report-
ing. 
TITLE LIX—OTHER MATTERS 
Subtitle A—Judiciary Matters 
Sec. 5901. Extension of admission to Guam or the Commonwealth of the 
Northern Mariana Islands for certain nonimmigrant H–2B 
workers. 
Sec. 5902. Eligibility of Portuguese traders and investors for E–1 and E–2 
nonimmigrant visas. 
Sec. 5903. Incentives for States to create sexual assault survivors’ bill of rights. 
Sec. 5904. Extending the statute of limitations for certain money laundering 
offenses. 
Subtitle B—Science, Space, and Technology Matters 
Sec. 5911. Financial assistance for construction of test beds and specialized fa-
cilities. 
Sec. 5912. Reports on arctic research, budget, and spending. 
Sec. 5913. National research and development strategy for distributed ledger 
technology. 
Sec. 5914. Technical corrections. 
Subtitle C—FedRamp Authorization Act 
Sec. 5921. FedRAMP Authorization Act. 
Subtitle D—Judicial Security and Privacy 
Sec. 5931. Short title. 
Sec. 5932. Findings and purpose. 
Sec. 5933. Definitions. 
Sec. 5934. Protecting covered information in public records.
2344 
•HRES 1512 EH 
Sec. 5935. Training and education. 
Sec. 5936. Vulnerability management capability. 
Sec. 5937. Rules of construction. 
Sec. 5938. Severability. 
Sec. 5939. Effective date. 
Subtitle E—Other Matters 
Sec. 5941. Secretary of Agriculture report on improving supply chain shortfalls 
and infrastructure needs at wholesale produce markets. 
Sec. 5942. Extension of deadline for transfer of parcels of land in New Mexico. 
Sec. 5943. Ending global wildlife poaching and trafficking. 
Sec. 5944. Cost-sharing requirements applicable to certain Bureau of Reclama-
tion dams and dikes. 
Sec. 5945. Transfer of National Oceanic and Atmospheric Administration prop-
erty in Norfolk, Virginia. 
Sec. 5946. Other matters. 
Sec. 5947. Enhancing transparency on international agreements and non-bind-
ing instruments. 
Subtitle A—Judiciary Matters 
SEC. 5901. EXTENSION OF ADMISSION TO GUAM OR THE COM-
MONWEALTH OF THE NORTHERN MARIANA IS-
LANDS FOR CERTAIN NONIMMIGRANT H–2B WORK-
ERS. 
Section 6(b)(1)(B) of the Joint Resolution entitled ‘‘A 
Joint Resolution to approve the ‘Covenant to Establish a 
Commonwealth of the Northern Mariana Islands in Political 
Union with the United States of America’, and for other pur-
poses’’, approved March 24, 1976 (48 U.S.C. 1806(b)(1)(B)), 
is amended, in the matter preceding clause (i), by striking 
‘‘December 31, 2023’’ and inserting ‘‘December 31, 2024’’. 
SEC. 5902. ELIGIBILITY OF PORTUGUESE TRADERS AND INVES-
TORS FOR E–1 AND E–2 NONIMMIGRANT VISAS. 
(a) NONIMMIGRANT TRADERS
AND INVESTORS.—For 
purposes of clauses (i) and (ii) of section 101(a)(15)(E) of 
the 
Immigration 
and 
Nationality 
Act 
(8 
U.S.C.
2345 
•HRES 1512 EH 
1101(a)(15)(E)), Portugal shall be considered to be a foreign 
state described in such section if the Government of Portugal 
provides similar nonimmigrant status to nationals of the 
United States. 
(b) MODIFICATION
OF ELIGIBILITY CRITERIA
FOR E 
VISAS.—Section 101(a)(15)(E) of the Immigration and Na-
tionality Act (8 U.S.C. 1101(a)(15)(E)) is amended— 
(1) in the matter preceding clause (i)— 
(A) by inserting ‘‘(or, in the case of an alien 
who acquired the relevant nationality through a fi-
nancial investment and who has not previously been 
granted status under this subparagraph, the foreign 
state of which the alien is a national and in which 
the alien has been domiciled for a continuous period 
of not less than 3 years at any point before apply-
ing for a nonimmigrant visa under this subpara-
graph)’’ before ‘‘, and the spouse’’; and 
(B) by striking ‘‘him’’ and inserting ‘‘such 
alien’’; and 
(2) by striking ‘‘he’’ each place such term appears 
and inserting ‘‘the alien’’. 
SEC. 5903. INCENTIVES FOR STATES TO CREATE SEXUAL AS-
SAULT SURVIVORS’ BILL OF RIGHTS. 
(a) INCENTIVES FOR STATES TO CREATE SEXUAL AS-
SAULT SURVIVORS’ BILL OF RIGHTS.—
2346 
•HRES 1512 EH 
(1) DEFINITION OF COVERED FORMULA GRANT.— 
In this subsection, the term ‘‘covered formula grant’’ 
means a grant under part T of title I of the Omnibus 
Crime Control and Safe Streets Act of 1968 (34 U.S.C. 
10441 et seq.) (commonly referred to as the ‘‘STOP Vio-
lence Against Women Formula Grant Program’’). 
(2) GRANT INCREASE.—The Attorney General shall 
increase the amount of the covered formula grant pro-
vided to a State in accordance with this subsection if the 
State has in effect a law that provides to sexual assault 
survivors the rights, at a minimum, under section 3772 
of title 18, United States Code. 
(3) APPLICATION.—A State seeking an increase to 
a covered formula grant under this subsection shall sub-
mit an application to the Attorney General at such time, 
in such manner, and containing such information as the 
Attorney General may reasonably require, including in-
formation about the law described in paragraph (2). 
(4) PERIOD OF INCREASE.—The Attorney General 
may not provide an increase in the amount of the cov-
ered formula grant provided to a State under this sub-
section more than 4 times. 
(5) AUTHORIZATION
OF
APPROPRIATIONS.—There 
are authorized to be appropriated $20,000,000 for each
2347 
•HRES 1512 EH 
of fiscal years 2023 through 2027 to carry out this sub-
section. 
(b) REAUTHORIZATION
OF
THE MISSING AMERICANS 
ALERT PROGRAM.—Section 240001(d) of the Violent Crime 
Control and Law Enforcement Act of 1994 (34 U.S.C. 
12621(d)) is amended by striking ‘‘2018 through 2022’’ and 
inserting ‘‘2023 through 2027’’. 
SEC. 5904. EXTENDING THE STATUTE OF LIMITATIONS FOR 
CERTAIN MONEY LAUNDERING OFFENSES. 
(a) IN GENERAL.—Section 1956 of title 18, United 
States Code, is amended by adding at the end the following: 
‘‘(j) SEVEN-YEAR LIMITATION.—Notwithstanding section 
3282, no person shall be prosecuted, tried, or punished for 
a violation of this section or section 1957 if the specified un-
lawful activity constituting the violation is the activity defined 
in subsection (c)(7)(B) of this section, unless the indictment 
is found or the information is instituted not later than 7 
years after the date on which the offense was committed.’’. 
(b) EFFECTIVE DATE.—The amendments made by this 
section shall apply to— 
(1) conduct that occurred before the date of enact-
ment of this Act for which the applicable statute of limi-
tations has not expired; and 
(2) conduct that occurred on or after the date of 
enactment of this Act.
2348 
•HRES 1512 EH 
Subtitle B—Science, Space, and 
Technology Matters 
SEC. 5911. FINANCIAL ASSISTANCE FOR CONSTRUCTION OF 
TEST BEDS AND SPECIALIZED FACILITIES. 
Section 34 of the National Institute of Standards and 
Technology Act (15 U.S.C. 278s) is amended— 
(1) by redesignating subsections (f) through (l) as 
subsections (g) through (m), respectively; and 
(2) by inserting after subsection (e) the following: 
‘‘(f) AUTHORITY
TO AWARD FINANCIAL ASSISTANCE 
FOR CONSTRUCTION OF TEST BEDS AND SPECIALIZED FA-
CILITIES.— 
‘‘(1) IN
GENERAL.—The Secretary may, acting 
through the Director, award financial assistance for the 
construction of test beds and specialized facilities by 
Manufacturing USA institutes established or supported 
under subsection (e) as the Secretary considers appro-
priate to carry out the purposes of the Program. 
‘‘(2) REQUIREMENTS.—The Secretary shall exercise 
authority under paragraph (1) in a manner and with re-
quirements consistent with paragraphs (3) through (8) 
of subsection (e). 
‘‘(3) PRIORITY.—The Secretary shall establish pref-
erences in selection criteria for proposals for financial 
assistance under this subsection from Manufacturing
2349 
•HRES 1512 EH 
USA institutes that integrate as active members one or 
more covered entities as described in section 10262 of 
the Research and Development, Competition, and Inno-
vation Act (Public Law 117–167).’’. 
SEC. 5912. REPORTS ON ARCTIC RESEARCH, BUDGET, AND 
SPENDING. 
(a) CROSSCUT REPORT
ON ARCTIC RESEARCH PRO-
GRAMS.— 
(1) IN GENERAL.—Not later than 180 days after 
the date of the enactment of this Act, the Director of 
the Office of Science and Technology Policy, in coordina-
tion with the Director of the Office of Management and 
Budget, shall submit a detailed report to Congress re-
garding all existing Federal programs relating to Arctic 
research and research-related activities, including obser-
vation, modeling, monitoring, and prediction, and re-
search infrastructure. The report shall include— 
(A) the goals of each such program; 
(B) the funding levels for each such program 
for each of the 5 immediately preceding fiscal years; 
(C) the anticipated funding levels for each such 
program for each of the 5 following fiscal years; 
and 
(D) the total funding appropriated for the cur-
rent fiscal year for such programs.
2350 
•HRES 1512 EH 
(2) DISTRIBUTION.—Not later than 30 days after 
submitting the report to Congress pursuant to sub-
section (a), the Director of the Office of Science and 
Technology Policy shall make a report available on a 
public website. 
(b) ANNUAL AGENCY BUDGET
AND SPENDING RE-
PORT.— 
(1) ANNUAL AGENCY BUDGETS.—Each agency rep-
resented on the Interagency Arctic Research Policy Com-
mittee shall each include in their agency’s annual budget 
request to Congress a description of their agency’s pro-
jected Arctic research activities and associated budget 
for the fiscal year covered by the budget request. 
(2) REPORT TO CONGRESS.—Beginning with fiscal 
year 2025 and annually thereafter until fiscal year 2034, 
not later than 60 days after the President’s budget re-
quest for such fiscal year is submitted to Congress, the 
Office of Science and Technology Policy shall submit an 
annual report to Congress summarizing each agency’s 
budget request related to Arctic research activities per 
the information submitted in accordance with paragraph 
(1). 
SEC. 5913. NATIONAL RESEARCH AND DEVELOPMENT STRAT-
EGY FOR DISTRIBUTED LEDGER TECHNOLOGY. 
(a) DEFINITIONS.—In this section:
2351 
•HRES 1512 EH 
(1) DIRECTOR.—Except as otherwise expressly pro-
vided, the term ‘‘Director’’ means the Director of the Of-
fice of Science and Technology Policy. 
(2) DISTRIBUTED LEDGER.—The term ‘‘distributed 
ledger’’ means a ledger that— 
(A) is shared across a set of distributed nodes, 
which are devices or processes, that participate in 
a network and store a complete or partial replica of 
the ledger; 
(B) is synchronized between the nodes; 
(C) has data appended to it by following the 
ledger’s specified consensus mechanism; 
(D) may be accessible to anyone (public) or re-
stricted to a subset of participants (private); and 
(E) may require participants to have author-
ization to perform certain actions (engaging) or re-
quire no authorization (permissionless). 
(3) DISTRIBUTED
LEDGER
TECHNOLOGY.—The 
term ‘‘distributed ledger technology’’ means technology 
that enables the operation and use of distributed ledgers. 
(4) INSTITUTION
OF
HIGHER
EDUCATION.—The 
term ‘‘institution of higher education’’ has the meaning 
given the term in section 101 of the Higher Education 
Act of 1965 (20 U.S.C. 1001).
2352 
•HRES 1512 EH 
(5) RELEVANT CONGRESSIONAL COMMITTEES.—The 
term ‘‘relevant congressional committees’’ means— 
(A) the Committee on Commerce, Science, and 
Transportation of the Senate; and 
(B) the Committee on Science, Space, and 
Technology of the House of Representatives. 
(6) SMART CONTRACT.—The term ‘‘smart contract’’ 
means a computer program stored in a distributed ledg-
er system that is executed when certain predefined con-
ditions are satisfied and wherein the outcome of any exe-
cution of the program may be recorded on the distrib-
uted ledger. 
(b) NATIONAL DISTRIBUTED LEDGER TECHNOLOGY RE-
SEARCH AND DEVELOPMENT STRATEGY.— 
(1) IN GENERAL.—The Director, or a designee of 
the Director, shall, in coordination with the National 
Science and Technology Council, and the heads of such 
other relevant Federal agencies and entities as the Di-
rector considers appropriate, which may include the Na-
tional Academies, and in consultation with such non-
governmental entities as the Director considers appro-
priate, develop a national strategy for the research and 
development of distributed ledger technologies and their 
applications, including applications of public and
2353 
•HRES 1512 EH 
permissionless distributed ledgers. In developing the na-
tional strategy, the Director shall consider the following: 
(A) Current efforts and coordination by Fed-
eral agencies to invest in the research and develop-
ment of distributed ledger technologies and their 
applications, including through programs like the 
Small Business Innovation Research program, the 
Small Business Technology Transfer program, and 
the National Science Foundation’s Innovation Corps 
programs. 
(B)(i) The potential benefits and risks of appli-
cations of distributed ledger technologies across dif-
ferent industry sectors, including their potential 
to— 
(I) lower transactions costs and facilitate 
new types of commercial transactions; 
(II) protect privacy and increase individ-
uals’ data sovereignty; 
(III) reduce friction to the interoperability 
of digital systems; 
(IV) increase the accessibility, auditability, 
security, efficiency, and transparency of digital 
services; 
(V) increase market competition in the 
provision of digital services;
2354 
•HRES 1512 EH 
(VI) enable dynamic contracting and con-
tract execution through smart contracts; 
(VII) enable participants to collaborate in 
trustless and disintermediated environments; 
(VIII) enable the operations and govern-
ance of distributed organizations; 
(IX) create new ownership models for dig-
ital items; and 
(X) increase participation of populations 
historically underrepresented in the technology, 
business, and financial sectors. 
(ii) In consideration of the potential risks of 
applications of distributed ledger technologies under 
clause (i), the Director shall take into account, 
where applicable— 
(I) additional risks that may emerge from 
distributed ledger technologies, as identified in 
reports submitted to the President pursuant to 
Executive Order 14067, that may be addressed 
by research and development; 
(II) software vulnerabilities in distributed 
ledger technologies and smart contracts; 
(III) limited consumer literacy on engag-
ing with applications of distributed ledger tech-
nologies in a secure way;
2355 
•HRES 1512 EH 
(IV) the use of distributed ledger tech-
nologies in illicit finance and their use in com-
bating illicit finance; 
(V) manipulative, deceptive, and fraudu-
lent practices that harm consumers engaging 
with applications of distributed ledger tech-
nologies; 
(VI) the implications of different con-
sensus mechanisms for digital ledgers and gov-
ernance and accountability mechanisms for ap-
plications of distributed ledger technologies, 
which may include decentralized networks; 
(VII) foreign activities in the development 
and deployment of distributed ledger tech-
nologies and their associated tools and infra-
structure; and 
(VIII) environmental, sustainability, and 
economic impacts of the computational re-
sources required for distributed ledger tech-
nologies. 
(C) Potential uses for distributed ledger tech-
nologies that could improve the operations and de-
livery of services by Federal agencies, taking into 
account the potential of digital ledger technologies 
to—
2356 
•HRES 1512 EH 
(i) improve the efficiency and effectiveness 
of privacy-preserving data sharing among Fed-
eral agencies and with State, local, territorial, 
and Tribal governments; 
(ii) promote government transparency by 
improving data sharing with the public; 
(iii) introduce or mitigate risks that may 
threaten individuals’ rights or broad access to 
Federal services; 
(iv) automate and modernize processes for 
assessing and ensuring regulatory compliance; 
and 
(v) facilitate broad access to financial 
services for underserved and underbanked pop-
ulations. 
(D) Ways to support public and private sector 
dialogue on areas of research that could enhance 
the efficiency, scalability, interoperability, security, 
and privacy of applications using distributed ledger 
technologies. 
(E) The need for increased coordination of the 
public and private sectors on the development of 
voluntary standards in order to promote research 
and development, including standards regarding se-
curity, smart contracts, cryptographic protocols, vir-
2357 
•HRES 1512 EH 
tual routing and forwarding, interoperability, zero- 
knowledge proofs, and privacy, for distributed ledg-
er technologies and their applications. 
(F) Applications of distributed ledger tech-
nologies that could positively benefit society but 
that receive relatively little private sector invest-
ment. 
(G) The United States position in global lead-
ership and competitiveness across research, develop-
ment, and deployment of distributed ledger tech-
nologies. 
(2) CONSULTATION.— 
(A) IN GENERAL.—In carrying out the Direc-
tor’s duties under this subsection, the Director shall 
consult with the following: 
(i) Private industry. 
(ii) Institutions of higher education, in-
cluding minority-serving institutions. 
(iii) Nonprofit organizations, including 
foundations dedicated to supporting distributed 
ledger technologies and their applications. 
(iv) State governments. 
(v) Such other persons as the Director 
considers appropriate.
2358 
•HRES 1512 EH 
(B) REPRESENTATION.—The Director shall en-
sure consultations with the following: 
(i) Rural and urban stakeholders from 
across the Nation. 
(ii) Small, medium, and large businesses. 
(iii) Subject matter experts representing 
multiple industrial sectors. 
(iv) A demographically diverse set of 
stakeholders. 
(3) COORDINATION.—In carrying out this sub-
section, the Director shall, for purposes of avoiding du-
plication of activities, consult, cooperate, and coordinate 
with the programs and policies of other relevant Federal 
agencies, including the interagency process outlined in 
section 3 of Executive Order 14067 (87 Fed. Reg. 
14143; relating ensuring responsible development of dig-
ital assets). 
(4) NATIONAL STRATEGY.—Not later than 1 year 
after the date of enactment of this Act, the Director 
shall submit to the relevant congressional committees 
and the President a national strategy that includes the 
following: 
(A) Priorities for the research and development 
of distributed ledger technologies and their applica-
tions.
2359 
•HRES 1512 EH 
(B) Plans to support public and private sector 
investment and partnerships in research and tech-
nology development for societally beneficial applica-
tions of distributed ledger technologies. 
(C) Plans to mitigate the risks of distributed 
ledger technologies and their applications. 
(D) An identification of additional resources, 
administrative action, or legislative action rec-
ommended to assist with the implementation of 
such strategy. 
(5) RESEARCH AND DEVELOPMENT FUNDING.—The 
Director shall, as the Director considers necessary, con-
sult with the Director of the Office of Management and 
Budget and with the heads of such other elements of the 
Executive Office of the President as the Director con-
siders appropriate, to ensure that the recommendations 
and priorities with respect to research and development 
funding, as expressed in the national strategy developed 
under this subsection, are incorporated in the develop-
ment of annual budget requests for Federal research 
agencies. 
(c) DISTRIBUTED LEDGER TECHNOLOGY RESEARCH.— 
(1) IN GENERAL.—Subject to the availability of ap-
propriations, the Director of the National Science Foun-
dation shall make awards, on a competitive basis, to in-
2360 
•HRES 1512 EH 
stitutions of higher education, including minority-serving 
institutions, or nonprofit organizations (or consortia of 
such institutions or organizations) to support research, 
including interdisciplinary research, on distributed ledger 
technologies, their applications, and other issues that im-
pact or are caused by distributed ledger technologies, 
which may include research on— 
(A) the implications on trust, transparency, 
privacy, accessibility, accountability, and energy 
consumption of different consensus mechanisms and 
hardware choices, and approaches for addressing 
these implications; 
(B) approaches for improving the security, pri-
vacy, resiliency, interoperability, performance, and 
scalability of distributed ledger technologies and 
their applications, which may include decentralized 
networks; 
(C) approaches for identifying and addressing 
vulnerabilities and improving the performance and 
expressive power of smart contracts; 
(D) the implications of quantum computing on 
applications of distributed ledger technologies, in-
cluding long-term protection of sensitive informa-
tion (such as medical or digital property), and tech-
niques to address them;
2361 
•HRES 1512 EH 
(E) game theory, mechanism design, and eco-
nomics underpinning and facilitating the operations 
and governance of decentralized networks enabled 
by distributed ledger technologies; 
(F) the social behaviors of participants in de-
centralized networks enabled by distributed ledger 
technologies; 
(G) human-centric design approaches to make 
distributed ledger technologies and their applica-
tions more usable and accessible; 
(H) use cases for distributed ledger tech-
nologies across various industry sectors and govern-
ment, including applications pertaining to— 
(i) digital identity, including trusted iden-
tity and identity management; 
(ii) digital property rights; 
(iii) delivery of public services; 
(iv) supply chain transparency; 
(v) medical information management; 
(vi) inclusive financial services; 
(vii) community governance; 
(viii) charitable giving; 
(ix) public goods funding; 
(x) digital credentials; 
(xi) regulatory compliance;
2362 
•HRES 1512 EH 
(xii) infrastructure resilience, including 
against natural disasters; and 
(xiii) peer-to-peer transactions; and 
(I) the social, behavioral, and economic impli-
cations associated with the growth of applications of 
distributed ledger technologies, including decen-
tralization in business, financial, and economic sys-
tems. 
(2) ACCELERATING INNOVATION.—The Director of 
the National Science Foundation shall consider con-
tinuing to support startups that are in need of funding, 
would develop in and contribute to the economy of the 
United States, leverage distributed ledger technologies, 
have the potential to positively benefit society, and have 
the potential for commercial viability, through programs 
like the Small Business Innovation Research program, 
the Small Business Technology Transfer program, and, 
as appropriate, other programs that promote broad and 
diverse participation. 
(3) CONSIDERATION
OF
NATIONAL
DISTRIBUTED 
LEDGER
TECHNOLOGY
RESEARCH
AND
DEVELOPMENT 
STRATEGY.—In making awards under paragraph (1), the 
Director of the National Science Foundation shall take 
into account the national strategy, as described in sub-
section (b)(4).
2363 
•HRES 1512 EH 
(4) FUNDAMENTAL
RESEARCH.—The Director of 
the National Science Foundation shall consider con-
tinuing to make awards supporting fundamental re-
search in areas related to distributed ledger technologies 
and their applications, such as applied cryptography and 
distributed systems. 
(d) DISTRIBUTED LEDGER TECHNOLOGY APPLIED RE-
SEARCH PROJECT.— 
(1) APPLIED RESEARCH PROJECT.—Subject to the 
availability of appropriations, the Director of the Na-
tional Institute of Standards and Technology, may carry 
out an applied research project to study and dem-
onstrate the potential benefits and unique capabilities of 
distributed ledger technologies. 
(2) ACTIVITIES.—In carrying out the applied re-
search project, the Director of the National Institute of 
Standards and Technology shall— 
(A) identify potential applications of distrib-
uted ledger technologies, including those that could 
benefit activities at the Department of Commerce or 
at other Federal agencies, considering applications 
that could— 
(i) improve the privacy and interoper-
ability of digital identity and access manage-
ment solutions;
2364 
•HRES 1512 EH 
(ii) increase the integrity and trans-
parency of supply chains through the secure 
and limited sharing of relevant supplier infor-
mation; 
(iii) facilitate broader participation in dis-
tributed ledger technologies of populations his-
torically underrepresented in technology, busi-
ness, and financial sectors; or 
(iv) be of benefit to the public or private 
sectors, as determined by the Director in con-
sultation with relevant stakeholders; 
(B) solicit and provide the opportunity for pub-
lic comment relevant to potential projects; 
(C) consider, in the selection of a project, 
whether the project addresses a pressing need not 
already addressed by another organization or Fed-
eral agency; 
(D) establish plans to mitigate potential risks, 
including those outlined in subsection (b)(1)(B)(ii), 
if applicable, of potential projects; 
(E) produce an example solution leveraging 
distributed ledger technologies for 1 of the applica-
tions identified in subparagraph (A);
2365 
•HRES 1512 EH 
(F) hold a competitive process to select private 
sector partners, if they are engaged, to support the 
implementation of the example solution; 
(G) consider hosting the project at the Na-
tional Cybersecurity Center of Excellence; and 
(H) ensure that cybersecurity best practices 
consistent with the Cybersecurity Frame work of 
the National Institute of Standards and Technology 
are demonstrated in the project. 
(3) BRIEFINGS TO CONGRESS.—Not later than 1 
year after the date of enactment of this Act, the Direc-
tor of the National Institute of Standards and Tech-
nology shall offer a briefing to the relevant congressional 
committees on the progress and current findings from 
the project under this subsection. 
(4) PUBLIC REPORT.—Not later than 12 months 
after the completion of the project under this subsection, 
the Director of the National Institute of Standards and 
Technology shall make public a report on the results and 
findings from the project. 
SEC. 5914. TECHNICAL CORRECTIONS. 
The Energy Policy Act of 2005 is amended— 
(1) 
in 
section 
952(a)(2)(A) 
(42 
U.S.C. 
16272(a)(2)(A)), by striking ‘‘shall evaluate the tech-
nical and economic feasibility of the establishment of’’
2366 
•HRES 1512 EH 
and inserting ‘‘shall evaluate the technical and economic 
feasibility of establishing and, if feasible, is authorized to 
establish’’; and 
(2) in section 954(a)(5) (42 U.S.C. 16274(a)(5)), 
by— 
(A) redesignating subparagraph (E) as sub-
paragraph (F); and 
(B) by inserting after subparagraph (D) the 
following: 
‘‘(E) FUEL SERVICES.—The Research Reactor 
Infrastructure subprogram within the Radiological 
Facilities Management program of the Department, 
as authorized by paragraph (6), shall be expanded 
to provide fuel services to research reactors estab-
lished by this paragraph.’’. 
Subtitle C—FedRamp Authorization 
Act 
SEC. 5921. FEDRAMP AUTHORIZATION ACT. 
(a) SHORT TITLE.—This section may be cited as the 
‘‘FedRAMP Authorization Act’’. 
(b) AMENDMENT.—Chapter 36 of title 44, United States 
Code, is amended by adding at the end the following:
2367 
•HRES 1512 EH 
‘‘§ 3607. Definitions 
‘‘(a) IN GENERAL.—Except as provided under sub-
section (b), the definitions under sections 3502 and 3552 
apply to this section through section 3616. 
‘‘(b) 
ADDITIONAL
DEFINITIONS.—In 
this 
section 
through section 3616: 
‘‘(1) ADMINISTRATOR.—The term ‘Administrator’ 
means the Administrator of General Services. 
‘‘(2) 
APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘appropriate congressional committees’ 
means the Committee on Homeland Security and Gov-
ernmental Affairs of the Senate and the Committee on 
Oversight and Reform of the House of Representatives. 
‘‘(3) AUTHORIZATION TO OPERATE; FEDERAL IN-
FORMATION.—The terms ‘authorization to operate’ and 
‘Federal information’ have the meaning given those term 
in Circular A–130 of the Office of Management and 
Budget entitled ‘Managing Information as a Strategic 
Resource’, or any successor document. 
‘‘(4) CLOUD COMPUTING.—The term ‘cloud com-
puting’ has the meaning given the term in Special Publi-
cation 800–145 of the National Institute of Standards 
and Technology, or any successor document. 
‘‘(5) CLOUD SERVICE PROVIDER.—The term ‘cloud 
service provider’ means an entity offering cloud com-
puting products or services to agencies.
2368 
•HRES 1512 EH 
‘‘(6) FEDRAMP.—The term ‘FedRAMP’ means the 
Federal Risk and Authorization Management Program 
established under section 3608. 
‘‘(7) 
FEDRAMP 
AUTHORIZATION.—The 
term 
‘FedRAMP authorization’ means a certification that a 
cloud computing product or service has— 
‘‘(A) completed a FedRAMP authorization 
process, as determined by the Administrator; or 
‘‘(B) received a FedRAMP provisional author-
ization to operate, as determined by the FedRAMP 
Board. 
‘‘(8) FEDRAMP
AUTHORIZATION
PACKAGE.—The 
term ‘FedRAMP authorization package’ means the es-
sential information that can be used by an agency to de-
termine whether to authorize the operation of an infor-
mation system or the use of a designated set of common 
controls for all cloud computing products and services 
authorized by FedRAMP. 
‘‘(9) FEDRAMP BOARD.—The term ‘FedRAMP 
Board’ means the board established under section 3610. 
‘‘(10) INDEPENDENT ASSESSMENT SERVICE.—The 
term ‘independent assessment service’ means a third- 
party organization accredited by the Administrator to 
undertake conformity assessments of cloud service pro-
2369 
•HRES 1512 EH 
viders and the products or services of cloud service pro-
viders. 
‘‘(11) SECRETARY.—The term ‘Secretary’ means 
the Secretary of Homeland Security. 
‘‘§ 3608. Federal Risk and Authorization Management 
Program 
‘‘There is established within the General Services Ad-
ministration the Federal Risk and Authorization Management 
Program. The Administrator, subject to section 3614, shall 
establish a Government-wide program that provides a stand-
ardized, reusable approach to security assessment and au-
thorization for cloud computing products and services that 
process unclassified information used by agencies. 
‘‘§ 3609. Roles and responsibilities of the General Serv-
ices Administration 
‘‘(a) ROLES
AND
RESPONSIBILITIES.—The Adminis-
trator shall— 
‘‘(1) in consultation with the Secretary, develop, co-
ordinate, and implement a process to support agency re-
view, reuse, and standardization, where appropriate, of 
security assessments of cloud computing products and 
services, including, as appropriate, oversight of contin-
uous monitoring of cloud computing products and serv-
ices, pursuant to guidance issued by the Director pursu-
ant to section 3614;
2370 
•HRES 1512 EH 
‘‘(2) establish processes and identify criteria con-
sistent with guidance issued by the Director under sec-
tion 3614 to make a cloud computing product or service 
eligible for a FedRAMP authorization and validate 
whether a cloud computing product or service has a 
FedRAMP authorization; 
‘‘(3) develop and publish templates, best practices, 
technical assistance, and other materials to support the 
authorization of cloud computing products and services 
and increase the speed, effectiveness, and transparency 
of the authorization process, consistent with standards 
and guidelines established by the Director of the Na-
tional Institute of Standards and Technology and rel-
evant statutes; 
‘‘(4) establish and update guidance on the bound-
aries of FedRAMP authorization packages to enhance 
the security and protection of Federal information and 
promote transparency for agencies and users as to which 
services are included in the scope of a FedRAMP au-
thorization; 
‘‘(5) grant FedRAMP authorizations to cloud com-
puting products and services consistent with the guid-
ance and direction of the FedRAMP Board; 
‘‘(6) establish and maintain a public comment proc-
ess for proposed guidance and other FedRAMP direc-
2371 
•HRES 1512 EH 
tives that may have a direct impact on cloud service pro-
viders and agencies before the issuance of such guidance 
or other FedRAMP directives; 
‘‘(7) coordinate with the FedRAMP Board, the Di-
rector of the Cybersecurity and Infrastructure Security 
Agency, and other entities identified by the Adminis-
trator, with the concurrence of the Director and the Sec-
retary, to establish and regularly update a framework 
for continuous monitoring under section 3553; 
‘‘(8) provide a secure mechanism for storing and 
sharing necessary data, including FedRAMP authoriza-
tion packages, to enable better reuse of such packages 
across agencies, including making available any informa-
tion and data necessary for agencies to fulfill the re-
quirements of section 3613; 
‘‘(9) provide regular updates to applicant cloud 
service providers on the status of any cloud computing 
product or service during an assessment process; 
‘‘(10) regularly review, in consultation with the 
FedRAMP Board— 
‘‘(A) the costs associated with the independent 
assessment services described in section 3611; and 
‘‘(B) the information relating to foreign inter-
ests submitted pursuant to section 3612;
2372 
•HRES 1512 EH 
‘‘(11) in coordination with the Director, the Sec-
retary, and other stakeholders, as appropriate, determine 
the sufficiency of underlying requirements to identify 
and assess the provenance of the software in cloud serv-
ices and products; 
‘‘(12) support the Federal Secure Cloud Advisory 
Committee established pursuant to section 3616; and 
‘‘(13) take such other actions as the Administrator 
may determine necessary to carry out FedRAMP. 
‘‘(b) WEBSITE.— 
‘‘(1) IN GENERAL.—The Administrator shall main-
tain a public website to serve as the authoritative reposi-
tory for FedRAMP, including the timely publication and 
updates for all relevant information, guidance, deter-
minations, and other materials required under subsection 
(a). 
‘‘(2) CRITERIA AND PROCESS FOR FEDRAMP AU-
THORIZATION PRIORITIES.—The Administrator shall de-
velop and make publicly available on the website de-
scribed in paragraph (1) the criteria and process for 
prioritizing and selecting cloud computing products and 
services that will receive a FedRAMP authorization, in 
consultation with the FedRAMP Board and the Chief 
Information Officers Council. 
‘‘(c) EVALUATION OF AUTOMATION PROCEDURES.—
2373 
•HRES 1512 EH 
‘‘(1) IN GENERAL.—The Administrator, in coordi-
nation with the Secretary, shall assess and evaluate 
available automation capabilities and procedures to im-
prove the efficiency and effectiveness of the issuance of 
FedRAMP authorizations, including continuous moni-
toring of cloud computing products and services. 
‘‘(2) MEANS FOR AUTOMATION.—Not later than 1 
year after the date of enactment of this section, and up-
dated regularly thereafter, the Administrator shall estab-
lish a means for the automation of security assessments 
and reviews. 
‘‘(d) METRICS
FOR AUTHORIZATION.—The Adminis-
trator shall establish annual metrics regarding the time and 
quality of the assessments necessary for completion of a 
FedRAMP authorization process in a manner that can be 
consistently tracked over time in conjunction with the peri-
odic testing and evaluation process pursuant to section 3554 
in a manner that minimizes the agency reporting burden. 
‘‘§ 3610. FedRAMP Board 
‘‘(a) 
ESTABLISHMENT.—There 
is 
established 
a 
FedRAMP Board to provide input and recommendations to 
the Administrator regarding the requirements and guidelines 
for, and the prioritization of, security assessments of cloud 
computing products and services.
2374 
•HRES 1512 EH 
‘‘(b) MEMBERSHIP.—The FedRAMP Board shall consist 
of not more than 7 senior officials or experts from agencies 
appointed by the Director, in consultation with the Adminis-
trator, from each of the following: 
‘‘(1) The Department of Defense. 
‘‘(2) The Department of Homeland Security. 
‘‘(3) The General Services Administration. 
‘‘(4) Such other agencies as determined by the Di-
rector, in consultation with the Administrator. 
‘‘(c) QUALIFICATIONS.—Members of the FedRAMP 
Board appointed under subsection (b) shall have technical ex-
pertise in domains relevant to FedRAMP, such as— 
‘‘(1) cloud computing; 
‘‘(2) cybersecurity; 
‘‘(3) privacy; 
‘‘(4) risk management; and 
‘‘(5) other competencies identified by the Director 
to support the secure authorization of cloud services and 
products. 
‘‘(d) DUTIES.—The FedRAMP Board shall— 
‘‘(1) in consultation with the Administrator, serve 
as a resource for best practices to accelerate the process 
for obtaining a FedRAMP authorization; 
‘‘(2) establish and regularly update requirements 
and guidelines for security authorizations of cloud com-
2375 
•HRES 1512 EH 
puting products and services, consistent with standards 
and guidelines established by the Director of the Na-
tional Institute of Standards and Technology, to be used 
in the determination of FedRAMP authorizations; 
‘‘(3) monitor and oversee, to the greatest extent 
practicable, the processes and procedures by which agen-
cies 
determine 
and 
validate 
requirements 
for 
a 
FedRAMP authorization, including periodic review of the 
agency determinations described in section 3613(b); 
‘‘(4) ensure consistency and transparency between 
agencies and cloud service providers in a manner that 
minimizes confusion and engenders trust; and 
‘‘(5) perform such other roles and responsibilities as 
the Director may assign, with concurrence from the Ad-
ministrator. 
‘‘(e) DETERMINATIONS OF DEMAND FOR CLOUD COM-
PUTING PRODUCTS AND SERVICES.—The FedRAMP Board 
may consult with the Chief Information Officers Council to 
establish a process, which may be made available on the 
website maintained under section 3609(b), for prioritizing 
and accepting the cloud computing products and services to 
be granted a FedRAMP authorization. 
‘‘§ 3611. Independent assessment 
‘‘The Administrator may determine whether FedRAMP 
may use an independent assessment service to analyze, vali-