H. R. 556—14 
on Foreign Affairs, the Committee on Financial Services, and 
the Committee on Energy and Commerce of the House of Rep-
resentatives. 
SEC. 8. CERTIFICATION OF NOTICES AND ASSURANCES. 
Section 721 of the Defense Production Act of 1950 (50 U.S.C. 
App. 2170) is amended by adding at the end the following: 
‘‘(n) CERTIFICATION OF NOTICES AND ASSURANCES.—Each notice, 
and any followup information, submitted under this section and 
regulations prescribed under this section to the President or the 
Committee by a party to a covered transaction, and any information 
submitted by any such party in connection with any action for 
which a report is required pursuant to paragraph (3)(B) of sub-
section (l), with respect to the implementation of any mitigation 
agreement or condition described in paragraph (1)(A) of subsection 
(l), or any material change in circumstances, shall be accompanied 
by a written statement by the chief executive officer or the designee 
of the person required to submit such notice or information certi-
fying that, to the best of the knowledge and belief of that person— 
‘‘(1) the notice or information submitted fully complies with 
the requirements of this section or such regulation, agreement, 
or condition; and 
‘‘(2) the notice or information is accurate and complete 
in all material respects.’’. 
SEC. 9. REGULATIONS. 
Section 721(h) of the Defense Production Act of 1950 (50 U.S.C. 
App. 2170(h)) is amended to read as follows: 
‘‘(h) REGULATIONS.— 
‘‘(1) IN GENERAL.—The President shall direct, subject to 
notice and comment, the issuance of regulations to carry out 
this section. 
‘‘(2) EFFECTIVE DATE.—Regulations issued under this sec-
tion shall become effective not later than 180 days after the 
effective date of the Foreign Investment and National Security 
Act of 2007. 
‘‘(3) CONTENT.—Regulations issued under this subsection 
shall— 
‘‘(A) provide for the imposition of civil penalties for 
any violation of this section, including any mitigation agree-
ment entered into or conditions imposed pursuant to sub-
section (l); 
‘‘(B) to the extent possible— 
‘‘(i) minimize paperwork burdens; and 
‘‘(ii) coordinate reporting requirements under this 
section with reporting requirements under any other 
provision of Federal law; and 
‘‘(C) provide for an appropriate role for the Secretary 
of Labor with respect to mitigation agreements.’’. 
SEC. 10. EFFECT ON OTHER LAW. 
Section 721(i) of the Defense Production Act of 1950 (50 U.S.C. 
App. 2170(i)) is amended to read as follows: 
‘‘(i) EFFECT ON OTHER LAW.—No provision of this section shall 
be construed as altering or affecting any other authority, process, 
regulation, investigation, enforcement measure, or review provided 
by or established under any other provision of Federal law, 
including the International Emergency Economic Powers Act, or
H. R. 556—15 
any other authority of the President or the Congress under the 
Constitution of the United States.’’. 
SEC. 11. CLERICAL AMENDMENTS. 
(a) TITLE 31.—Section 301(e) of title 31, United States Code, 
is amended by striking ‘‘8 Assistant’’ and inserting ‘‘9 Assistant’’. 
(b) TITLE 5.—Section 5315 of title 5, United States Code, is 
amended in the item relating to ‘‘Assistant Secretaries of the 
Treasury’’, by striking ‘‘(8)’’ and inserting ‘‘(9)’’. 
SEC. 12. EFFECTIVE DATE. 
The amendments made by this Act shall apply after the end 
of the 90-day period beginning on the date of enactment of this 
Act. 
Speaker of the House of Representatives. 
Vice President of the United States and
President of the Senate.