H. R. 22—450 
environmental reviews and authorizations covered by this title, 
as determined by the Director of the Office of Management 
and Budget. 
(d) ENVIRONMENTAL REVIEW
AND PERMITTING IMPROVEMENT 
FUND.— 
(1) IN GENERAL.—All amounts collected pursuant to this 
section shall be deposited into a separate fund in the Treasury 
of the United States to be known as the ‘‘Environmental Review 
Improvement Fund’’ (referred to in this section as the ‘‘Fund’’). 
(2) AVAILABILITY.—Amounts in the Fund shall be available 
to the Executive Director, without appropriation or fiscal year 
limitation, solely for the purposes of administering, imple-
menting, and enforcing this title, including the expenses of 
the Council. 
(3) TRANSFER.—The Executive Director, with the approval 
of the Director of the Office of Management and Budget, may 
transfer amounts in the Fund to other agencies to facilitate 
timely and efficient environmental reviews and authorizations 
for proposed covered projects. 
(e) EFFECT ON PERMITTING.—The regulations adopted pursuant 
to subsection (a) shall ensure that the use of funds accepted under 
subsection (d) will not impact impartial decision-making with 
respect to environmental reviews or authorizations, either sub-
stantively or procedurally. 
(f) TRANSFER OF APPROPRIATED FUNDS.— 
(1) IN GENERAL.—The heads of agencies listed in section 
41002(b)(2)(B) shall have the authority to transfer, in accord-
ance with section 1535 of title 31, United States Code, funds 
appropriated to those agencies and not otherwise obligated 
to other affected Federal agencies for the purpose of imple-
menting the provisions of this title. 
(2) LIMITATION.—Appropriations under title 23, United 
States Code and appropriations for the civil works program 
of the Army Corps of Engineers shall not be available for 
transfer under paragraph (1). 
SEC. 41010. APPLICATION. 
This title applies to any covered project for which— 
(1) a notice is filed under section 41003(a)(1); or 
(2) an application or other request for a Federal authoriza-
tion is pending before a Federal agency 90 days after the 
date of enactment of this Act. 
SEC. 41011. GAO 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 that includes an analysis of whether the 
provisions of this title could be adapted to streamline the Federal 
permitting process for smaller projects that are not covered projects. 
SEC. 41012. SAVINGS PROVISION. 
Nothing in this title amends the National Environmental Policy 
Act of 1969 (42 U.S.C. 4321 et seq.). 
SEC. 41013. SUNSET. 
This title shall terminate 7 years after the date of enactment 
of this Act.
H. R. 22—451 
SEC. 41014. PLACEMENT. 
The Office of the Law Revision Counsel is directed to place 
sections 41001 through 41013 of this title in chapter 55 of title 
42, United States Code, as subchapter IV. 
TITLE XLII—ADDITIONAL PROVISIONS 
SEC. 42001. GAO REPORT ON REFUNDS TO REGISTERED VENDORS OF 
KEROSENE USED IN NONCOMMERCIAL AVIATION. 
Not later than 180 days after the date of the enactment of 
this Act, the Comptroller General of the United States shall— 
(1) conduct a study regarding payments made to vendors 
of kerosene used in noncommercial aviation under section 
6427(l)(4)(C)(ii) of the Internal Revenue Code of 1986; and 
(2) submit to the appropriate committees of Congress a 
report describing the results of such study, which shall include 
estimates of— 
(A) the number of vendors of kerosene used in non-
commercial aviation who are registered under section 4101 
of such Code; 
(B) the number of vendors of kerosene used in non-
commercial aviation who are not so registered; 
(C) the number of vendors described in subparagraph 
(A) who receive payments under section 6427(l)(4)(C)(ii) 
of such Code; 
(D) the excess of— 
(i) the amount of payments which would be made 
under section 6427(l)(4)(C)(ii) of such Code if all ven-
dors of kerosene used in noncommercial aviation were 
registered and filed claims for such payments, over 
(ii) the amount of payments actually made under 
such section; and 
(E) the number of cases of diesel truck operators 
fraudulently using kerosene taxed for use in aviation. 
TITLE XLIII—PAYMENTS TO CERTIFIED 
STATES AND INDIAN TRIBES 
SEC. 43001. PAYMENTS FROM ABANDONED MINE RECLAMATION FUND. 
Section 411(h) of the Surface Mining Control and Reclamation 
Act of 1977 (30 U.S.C. 1240a(h)) is amended— 
(1) in paragraph (1)(C)— 
(A) by striking ‘‘Payments’’ and inserting the following: 
‘‘(i) IN GENERAL.—Payments’’; and 
(B) by adding at the end the following: 
‘‘(ii) CERTAIN
PAYMENTS
REQUIRED.—Not with-
standing any other provision of this Act, as soon as 
practicable, but not later than December 10, 2015, 
of the 7 equal installments referred to in clause (i), 
the Secretary shall pay to any certified State or Indian 
tribe to which the total annual payment under this 
subsection was limited to $15,000,000 in 2013 and 
$28,000,000 in fiscal year 2014—
H. R. 22—452 
‘‘(I) the final 2 installments in 2 separate pay-
ments of $82,700,000 each; and 
‘‘(II) 2 separate payments of $38,250,000 
each.’’; and 
(2) by striking paragraphs (5) and (6). 
DIVISION E—EXPORT-IMPORT BANK OF 
THE UNITED STATES 
SEC. 50001. SHORT TITLE. 
This division may be cited as the ‘‘Export-Import Bank Reform 
and Reauthorization Act of 2015’’. 
TITLE 
LI—TAXPAYER 
PROTECTION 
PROVISIONS 
AND 
INCREASED 
AC-
COUNTABILITY 
SEC. 51001. REDUCTION IN AUTHORIZED AMOUNT OF OUTSTANDING 
LOANS, GUARANTEES, AND INSURANCE. 
Section 6(a) of the Export-Import Bank Act of 1945 (12 U.S.C. 
635e(a)) is amended— 
(1) by redesignating paragraph (3) as paragraph (4); and 
(2) by striking paragraph (2) and inserting the following: 
‘‘(2) APPLICABLE AMOUNT DEFINED.—In this subsection, the 
term ‘applicable amount’, for each of fiscal years 2015 through 
2019, means $135,000,000,000. 
‘‘(3) FREEZING OF LENDING CAP IF DEFAULT RATE IS 2 PER-
CENT OR MORE.—If the rate calculated under section 8(g)(1) 
is 2 percent or more for a quarter, the Bank may not exceed 
the amount of loans, guarantees, and insurance outstanding 
on the last day of that quarter until the rate calculated under 
section 8(g)(1) is less than 2 percent.’’. 
SEC. 51002. INCREASE IN LOSS RESERVES. 
(a) IN GENERAL.—Section 6 of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635e) is amended— 
(1) by redesignating subsection (b) as subsection (c); and 
(2) by inserting after subsection (a) the following: 
‘‘(b) RESERVE REQUIREMENT.—The Bank shall build to and hold 
in reserve, to protect against future losses, an amount that is 
not less than 5 percent of the aggregate amount of disbursed 
and outstanding loans, guarantees, and insurance of the Bank.’’. 
(b) EFFECTIVE DATE.—The amendment made by subsection (a) 
shall take effect on the date that is one year after the date of 
the enactment of this Act. 
SEC. 51003. REVIEW OF FRAUD CONTROLS. 
Section 17(b) of the Export-Import Bank Reauthorization Act 
of 2012 (12 U.S.C. 635a–6(b)) is amended to read as follows: 
‘‘(b) REVIEW
OF FRAUD CONTROLS.—Not later than 4 years 
after the date of the enactment of the Export-Import Bank Reform 
and Reauthorization Act of 2015, and every 4 years thereafter, 
the Comptroller General of the United States shall—
H. R. 22—453 
‘‘(1) review the adequacy of the design and effectiveness 
of the controls used by the Export-Import Bank of the United 
States to prevent, detect, and investigate fraudulent applica-
tions for loans and guarantees and the compliance by the 
Bank with the controls, including by auditing a sample of 
Bank transactions; and 
‘‘(2) submit a written report regarding the findings of the 
review and providing such recommendations with respect to 
the controls described in paragraph (1) as the Comptroller 
General deems appropriate to— 
‘‘(A) the Committee on Banking, Housing, and Urban 
Affairs and the Committee on Appropriations of the Senate; 
and 
‘‘(B) the Committee on Financial Services and the Com-
mittee on Appropriations of the House of Representatives.’’. 
SEC. 51004. OFFICE OF ETHICS. 
Section 3 of the Export-Import Bank Act of 1945 (12 U.S.C. 
635a) is amended by adding at the end the following: 
‘‘(k) OFFICE OF ETHICS.— 
‘‘(1) ESTABLISHMENT.—There is established an Office of 
Ethics within the Bank, which shall oversee all ethics issues 
within the Bank. 
‘‘(2) HEAD OF OFFICE.— 
‘‘(A) IN GENERAL.—The head of the Office of Ethics 
shall be the Chief Ethics Officer, who shall report to the 
Board of Directors. 
‘‘(B) APPOINTMENT.—Not later than 180 days after the 
date of the enactment of the Export-Import Bank Reform 
and Reauthorization Act of 2015, the Chief Ethics Officer 
shall be— 
‘‘(i) appointed by the President of the Bank from 
among persons— 
‘‘(I) with a background in law who have experi-
ence in the fields of law and ethics; and 
‘‘(II) who are not serving in a position 
requiring appointment by the President of the 
United States before being appointed to be Chief 
Ethics Officer; and 
‘‘(ii) approved by the Board. 
‘‘(C) DESIGNATED AGENCY ETHICS OFFICIAL.—The Chief 
Ethics Officer shall serve as the designated agency ethics 
official for the Bank pursuant to the Ethics in Government 
Act of 1978 (5 U.S.C. App. 101 et seq.). 
‘‘(3) DUTIES.—The Office of Ethics has jurisdiction over 
all employees of, and ethics matters relating to, the Bank. 
With respect to employees of the Bank, the Office of Ethics 
shall— 
‘‘(A) recommend administrative actions to establish or 
enforce standards of official conduct; 
‘‘(B) refer to the Office of the Inspector General of 
the Bank alleged violations of— 
‘‘(i) the standards of ethical conduct applicable to 
employees of the Bank under parts 2635 and 6201 
of title 5, Code of Federal Regulations; 
‘‘(ii) the standards of ethical conduct established 
by the Chief Ethics Officer; and
H. R. 22—454 
‘‘(iii) any other laws, rules, or regulations gov-
erning the performance of official duties or the dis-
charge of official responsibilities that are applicable 
to employees of the Bank; 
‘‘(C) report to appropriate Federal or State authorities 
substantial evidence of a violation of any law applicable 
to the performance of official duties that may have been 
disclosed to the Office of Ethics; and 
‘‘(D) render advisory opinions regarding the propriety 
of any current or proposed conduct of an employee or 
contractor of the Bank, and issue general guidance on 
such matters as necessary.’’. 
SEC. 51005. CHIEF RISK OFFICER. 
Section 3 of the Export-Import Bank Act of 1945 (12 U.S.C. 
635a), as amended by section 91004, is further amended by adding 
at the end the following: 
‘‘(l) CHIEF RISK OFFICER.— 
‘‘(1) IN GENERAL.—There shall be a Chief Risk Officer of 
the Bank, who shall— 
‘‘(A) oversee all issues relating to risk within the Bank; 
and 
‘‘(B) report to the President of the Bank. 
‘‘(2) APPOINTMENT.—Not later than 180 days after the date 
of the enactment of the Export-Import Bank Reform and 
Reauthorization Act of 2015, the Chief Risk Officer shall be— 
‘‘(A) appointed by the President of the Bank from 
among persons— 
‘‘(i) with a demonstrated ability in the general 
management of, and knowledge of and extensive prac-
tical experience in, financial risk evaluation practices 
in large governmental or business entities; and 
‘‘(ii) who are not serving in a position requiring 
appointment by the President of the United States 
before being appointed to be Chief Risk Officer; and 
‘‘(B) approved by the Board. 
‘‘(3) DUTIES.—The duties of the Chief Risk Officer are— 
‘‘(A) to be responsible for all matters related to man-
aging and mitigating all risk to which the Bank is exposed, 
including the programs and operations of the Bank; 
‘‘(B) to establish policies and processes for risk over-
sight, the monitoring of management compliance with risk 
limits, and the management of risk exposures and risk 
controls across the Bank; 
‘‘(C) to be responsible for the planning and execution 
of all Bank risk management activities, including policies, 
reporting, and systems to achieve strategic risk objectives; 
‘‘(D) to develop an integrated risk management pro-
gram that includes identifying, prioritizing, measuring, 
monitoring, and managing internal control and operating 
risks and other identified risks; 
‘‘(E) to ensure that the process for risk assessment 
and underwriting for individual transactions considers how 
each such transaction considers the effect of the transaction 
on the concentration of exposure in the overall portfolio 
of the Bank, taking into account fees, collateralization, 
and historic default rates; and
H. R. 22—455 
‘‘(F) to review the adequacy of the use by the Bank 
of qualitative metrics to assess the risk of default under 
various scenarios.’’. 
SEC. 51006. RISK MANAGEMENT COMMITTEE. 
(a) IN GENERAL.—Section 3 of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635a), as amended by sections 91004 and 91005, 
is further amended by adding at the end the following: 
‘‘(m) RISK MANAGEMENT COMMITTEE.— 
‘‘(1) ESTABLISHMENT.—There is established a management 
committee to be known as the ‘Risk Management Committee’. 
‘‘(2) MEMBERSHIP.—The membership of the Risk Manage-
ment Committee shall be the members of the Board of Directors, 
with the President and First Vice President of the Bank serving 
as ex officio members. 
‘‘(3) DUTIES.—The duties of the Risk Management Com-
mittee shall be— 
‘‘(A) to oversee, in conjunction with the Office of the 
Chief Financial Officer of the Bank— 
‘‘(i) periodic stress testing on the entire Bank port-
folio, reflecting different market, industry, and macro-
economic scenarios, and consistent with common prac-
tices of commercial and multilateral development 
banks; and 
‘‘(ii) the monitoring of industry, geographic, and 
obligor exposure levels; and 
‘‘(B) to review all required reports on the default rate 
of the Bank before submission to Congress under section 
8(g).’’. 
(b) TERMINATION OF AUDIT COMMITTEE.—Not later than 180 
days after the date of the enactment of this Act, the Board of 
Directors of the Export-Import Bank of the United States shall 
revise the bylaws of the Bank to terminate the Audit Committee 
established by section 7 of the bylaws. 
SEC. 51007. INDEPENDENT AUDIT OF BANK PORTFOLIO. 
(a) AUDIT.—The Inspector General of the Export-Import Bank 
of the United States shall conduct an audit or evaluation of the 
portfolio risk management procedures of the Bank, including a 
review of the implementation by the Bank of the duties assigned 
to the Chief Risk Officer under section 3(l) of the Export-Import 
Bank Act of 1945, as amended by section 51005. 
(b) REPORT.—Not later than 1 year after the date of the enact-
ment of this Act, and not less frequently than every 3 years there-
after, the Inspector General shall submit to the Committee on 
Banking, Housing, and Urban Affairs of the Senate and the Com-
mittee on Financial Services of the House of Representatives a 
written report containing all findings and determinations made 
in carrying out subsection (a). 
SEC. 51008. PILOT PROGRAM FOR REINSURANCE. 
(a) IN GENERAL.—Notwithstanding any provision of the Export- 
Import Bank Act of 1945 (12 U.S.C. 635 et seq.), the Export- 
Import Bank of the United States (in this section referred to as 
the ‘‘Bank’’) may establish a pilot program under which the Bank 
may enter into contracts and other arrangements to share risks 
associated with the provision of guarantees, insurance, or credit,
H. R. 22—456 
or the participation in the extension of credit, by the Bank under 
that Act. 
(b) LIMITATIONS ON AMOUNT OF RISK-SHARING.— 
(1) PER CONTRACT OR OTHER ARRANGEMENT.—The aggre-
gate amount of liability the Bank may transfer through risk- 
sharing pursuant to a contract or other arrangement entered 
into under subsection (a) may not exceed $1,000,000,000. 
(2) PER YEAR.—The aggregate amount of liability the Bank 
may transfer through risk-sharing during a fiscal year pursuant 
to contracts or other arrangements entered into under sub-
section 
(a) 
during 
that 
fiscal 
year 
may 
not 
exceed 
$10,000,000,000. 
(c) ANNUAL REPORTS.—Not later than 1 year after the date 
of the enactment of this Act, and annually thereafter through 
2019, the Bank shall submit to Congress a written report that 
contains a detailed analysis of the use of the pilot program carried 
out under subsection (a) during the year preceding the submission 
of the report. 
(d) RULE OF CONSTRUCTION.—Nothing in this section shall be 
construed to affect, impede, or revoke any authority of the Bank. 
(e) TERMINATION.—The pilot program carried out under sub-
section (a) shall terminate on September 30, 2019. 
TITLE LII—PROMOTION OF SMALL 
BUSINESS EXPORTS 
SEC. 52001. INCREASE IN SMALL BUSINESS LENDING REQUIREMENTS. 
(a) IN GENERAL.—Section 2(b)(1)(E)(v) of the Export-Import 
Bank Act of 1945 (12 U.S.C. 635(b)(1)(E)(v)) is amended by striking 
‘‘20 percent’’ and inserting ‘‘25 percent’’. 
(b) EFFECTIVE DATE.—The amendment made by subsection (a) 
shall apply with respect to fiscal year 2016 and each fiscal year 
thereafter. 
SEC. 52002. REPORT ON PROGRAMS FOR SMALL- AND MEDIUM-SIZED 
BUSINESSES. 
(a) IN GENERAL.—Section 8 of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635g) is amended by adding at the end the 
following: 
‘‘(k) REPORT
ON PROGRAMS
FOR SMALL- AND MEDIUM-SIZED 
BUSINESSES.—The Bank shall include in its annual report to Con-
gress under subsection (a) a report on the programs of the Bank 
for United States businesses with less than $250,000,000 in annual 
sales.’’. 
(b) EFFECTIVE DATE.—The amendment made by subsection (a) 
shall apply with respect to the report of the Export-Import Bank 
of the United States submitted to Congress under section 8 of 
the Export-Import Bank Act of 1945 (12 U.S.C. 635g) for the first 
year that begins after the date of the enactment of this Act.
H. R. 22—457 
TITLE LIII—MODERNIZATION OF 
OPERATIONS 
SEC. 53001. ELECTRONIC PAYMENTS AND DOCUMENTS. 
Section 2(b)(1) of the Export-Import Bank Act of 1945 (12 
U.S.C. 635(b)(1)) is amended by adding at the end the following: 
‘‘(M) Not later than 2 years after the date of the enactment 
of the Export-Import Bank Reform and Reauthorization Act of 
2015, the Bank shall implement policies— 
‘‘(i) to accept electronic documents with respect to trans-
actions whenever possible, including copies of bills of lading, 
certifications, and compliance documents, in such manner so 
as not to undermine any potential civil or criminal enforcement 
related to the transactions; and 
‘‘(ii) to accept electronic payments in all of its programs.’’. 
SEC. 53002. REAUTHORIZATION OF INFORMATION TECHNOLOGY 
UPDATING. 
Section 3(j) of the Export-Import Act of 1945 (12 U.S.C. 635a(j)) 
is amended— 
(1) in paragraph (1), in the matter preceding subparagraph 
(A), by striking ‘‘2012, 2013, and 2014’’ and inserting ‘‘2015 
through 2019’’; 
(2) in paragraph (2)(B), by striking ‘‘(I) the funds’’ and 
inserting ‘‘(i) the funds’’; and 
(3) in paragraph (3), by striking ‘‘2012, 2013, and 2014’’ 
and inserting ‘‘2015 through 2019’’. 
TITLE LIV—GENERAL PROVISIONS 
SEC. 54001. EXTENSION OF AUTHORITY. 
(a) IN GENERAL.—Section 7 of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635f) is amended by striking ‘‘2014’’ and inserting 
‘‘2019’’. 
(b) DUAL-USE EXPORTS.—Section 1(c) of Public Law 103–428 
(12 U.S.C. 635 note) is amended by striking ‘‘September 30, 2014’’ 
and inserting ‘‘the date on which the authority of the Export- 
Import Bank of the United States expires under section 7 of the 
Export-Import Bank Act of 1945 (12 U.S.C. 635f)’’. 
(c) 
SUB-SAHARAN
AFRICA
ADVISORY
COMMITTEE.—Section 
2(b)(9)(B)(iii) of the Export-Import Bank Act of 1945 (12 U.S.C. 
635(b)(9)(B)(iii)) is amended by striking ‘‘September 30, 2014’’ and 
inserting ‘‘the date on which the authority of the Bank expires 
under section 7’’. 
(d) EFFECTIVE DATE.—The amendments made by this section 
shall take effect on the earlier of the date of the enactment of 
this Act or June 30, 2015. 
SEC. 54002. CERTAIN UPDATED LOAN TERMS AND AMOUNTS. 
(a) LOAN
TERMS
FOR
MEDIUM-TERM
FINANCING.—Section 
2(a)(2)(A) of the Export-Import Bank Act of 1945 (12 U.S.C. 
635(a)(2)(A)) is amended— 
(1) in clause (i), by striking ‘‘; and’’ and inserting a semi-
colon; and 
(2) by adding at the end the following:
H. R. 22—458 
‘‘(iii) with principal amounts of not more than 
$25,000,000; and’’. 
(b) COMPETITIVE OPPORTUNITIES RELATING
TO INSURANCE.— 
Section 2(d)(2) of the Export-Import Bank Act of 1945 (12 U.S.C. 
635(d)(2)) is amended by striking ‘‘$10,000,000’’ and inserting 
‘‘$25,000,000’’. 
(c) EXPORT AMOUNTS
FOR SMALL BUSINESS LOANS.—Section 
3(g)(3) of the Export-Import Bank Act of 1945 (12 U.S.C. 635a(g)(3)) 
is amended by striking ‘‘$10,000,000’’ and inserting ‘‘$25,000,000’’. 
(d) CONSIDERATION
OF
ENVIRONMENTAL
EFFECTS.—Section 
11(a)(1)(A) of the Export-Import Bank Act of 1945 (12 U.S.C. 635i– 
5(a)(1)(A)) is amended by striking ‘‘$10,000,000 or more’’ and 
inserting the following: ‘‘$25,000,000 (or, if less than $25,000,000, 
the threshold established pursuant to international agreements, 
including the Common Approaches for Officially Supported Export 
Credits and Environmental and Social Due Diligence, as adopted 
by the Organisation for Economic Co-operation and Development 
Council on June 28, 2012, and the risk-management framework 
adopted by financial institutions for determining, assessing, and 
managing environmental and social risk in projects (commonly 
referred to as the ‘Equator Principles’)) or more’’. 
(e) EFFECTIVE DATE.—The amendments made by this section 
shall apply with respect to fiscal year 2016 and each fiscal year 
thereafter. 
TITLE LV—OTHER MATTERS 
SEC. 55001. PROHIBITION ON DISCRIMINATION BASED ON INDUSTRY. 
Section 2 of the Export-Import Bank Act of 1945 (6 U.S.C. 
635 et seq.) is amended by adding at the end the following: 
‘‘(k) PROHIBITION ON DISCRIMINATION BASED ON INDUSTRY.— 
‘‘(1) IN GENERAL.—Except as provided in this Act, the Bank 
may not— 
‘‘(A) deny an application for financing based solely 
on the industry, sector, or business that the application 
concerns; or 
‘‘(B) promulgate or implement policies that discrimi-
nate against an application based solely on the industry, 
sector, or business that the application concerns. 
‘‘(2) APPLICABILITY.—The prohibitions under paragraph (1) 
apply only to applications for financing by the Bank for projects 
concerning the exploration, development, production, or export 
of energy sources and the generation or transmission of elec-
trical power, or combined heat and power, regardless of the 
energy source involved.’’. 
SEC. 55002. NEGOTIATIONS TO END EXPORT CREDIT FINANCING. 
(a) IN
GENERAL.—Section 11 of the Export-Import Bank 
Reauthorization Act of 2012 (12 U.S.C. 635a–5) is amended— 
(1) in subsection (a)— 
(A) in the matter preceding paragraph (1), by striking 
‘‘Secretary of the Treasury (in this section referred to as 
the ‘Secretary’)’’ and inserting ‘‘President’’; and 
(B) in paragraph (1)— 
(i) by striking ‘‘(OECD)’’ and inserting ‘‘(in this 
section referred to as the ‘OECD’)’’; and
H. R. 22—459 
(ii) by striking ‘‘ultimate goal of eliminating’’ and 
inserting ‘‘possible goal of eliminating, before the date 
that is 10 years after the date of the enactment of 
the Export-Import Bank Reform and Reauthorization 
Act of 2015,’’; 
(2) in subsection (b), by striking ‘‘Secretary’’ each place 
it appears and inserting ‘‘President’’; and 
(3) by adding at the end the following: 
‘‘(c) REPORT ON STRATEGY.—Not later than 180 days after the 
date of the enactment of the Export-Import Bank Reform and 
Reauthorization Act of 2015, the President shall submit to Congress 
a proposal, and a strategy for achieving the proposal, that the 
United States Government will pursue with other major exporting 
countries, including OECD members and non-OECD members, to 
eliminate over a period of not more than 10 years subsidized export- 
financing programs, tied aid, export credits, and all other forms 
of government-supported export subsidies. 
‘‘(d) NEGOTIATIONS WITH NON-OECD MEMBERS.—The President 
shall initiate and pursue negotiations with countries that are not 
OECD members to bring those countries into a multilateral agree-
ment establishing rules and limitations on officially supported 
export credits. 
‘‘(e) ANNUAL REPORTS ON PROGRESS OF NEGOTIATIONS.—Not 
later than 180 days after the date of the enactment of the Export- 
Import Bank Reform and Reauthorization Act of 2015, and annually 
thereafter through calendar year 2019, the President shall submit 
to the Committee on Banking, Housing, and Urban Affairs of the 
Senate and the Committee on Financial Services of the House 
of Representatives a report on the progress of any negotiations 
described in subsection (d).’’. 
(b) EFFECTIVE DATE.—The amendments made by paragraphs 
(1) and (2) of subsection (a) shall apply with respect to reports 
required to be submitted under section 11(b) of the Export-Import 
Bank Reauthorization Act of 2012 (12 U.S.C. 635a–5(b)) after the 
date of the enactment of this Act. 
SEC. 55003. STUDY OF FINANCING FOR INFORMATION AND COMMU-
NICATIONS TECHNOLOGY SYSTEMS. 
(a) ANALYSIS
OF INFORMATION
AND COMMUNICATIONS TECH-
NOLOGY INDUSTRY USE OF BANK PRODUCTS.—The Export-Import 
Bank of the United States (in this section referred to as the ‘‘Bank’’) 
shall conduct a study of the extent to which the products offered 
by the Bank are available and used by companies that export 
information and communications technology services and related 
goods. 
(b) ELEMENTS.—In conducting the study required by subsection 
(a), the Bank shall examine the following: 
(1) The number of jobs in the United States that are 
supported by the export of information and communications 
technology services and related goods, and the degree to which 
access to financing will increase exports of such services and 
related goods. 
(2) The reduction in the financing by the Bank of exports 
of information and communications technology services from 
2003 through 2014.
H. R. 22—460 
(3) The activities of foreign export credit agencies to facili-
tate the export of information and communications technology 
services and related goods. 
(4) Specific proposals for how the Bank could provide addi-
tional financing for the exportation of information and commu-
nications technology services and related goods through risk- 
sharing with other export credit agencies and other third par-
ties. 
(5) Proposals for new products the Bank could offer to 
provide financing for exports of information and communica-
tions technology services and related goods, including— 
(A) the extent to which the Bank is authorized to 
offer new products; 
(B) the extent to which the Bank would need additional 
authority to offer new products to meet the needs of the 
information and communications technology industry; 
(C) specific proposals for changes in law that would 
enable the Bank to provide increased financing for exports 
of information and communications technology services and 
related goods in compliance with the credit and risk stand-
ards of the Bank; 
(D) specific proposals that would enable the Bank to 
provide increased outreach to the information and commu-
nications technology industry about the products the Bank 
offers; and 
(E) specific proposals for changes in law that would 
enable the Bank to provide the financing to build informa-
tion and communications technology infrastructure, in 
compliance with the credit and risk standards of the Bank, 
to allow for market access opportunities for United States 
information and communications technology companies to 
provide services on the infrastructure being financed by 
the Bank. 
(c) REPORT.—Not later than 180 days after the date of the 
enactment of this Act, the Bank shall submit to Congress a report 
that contains the results of the study required by subsection (a). 
DIVISION F—ENERGY SECURITY 
SEC. 61001. EMERGENCY PREPAREDNESS FOR ENERGY SUPPLY 
DISRUPTIONS. 
(a) FINDING.—Congress finds that recent natural disasters have 
underscored the importance of having resilient oil and natural 
gas infrastructure and effective ways for industry and government 
to communicate to address energy supply disruptions. 
(b) AUTHORIZATION FOR ACTIVITIES TO ENHANCE EMERGENCY 
PREPAREDNESS FOR NATURAL DISASTERS.—The Secretary of Energy 
shall develop and adopt procedures to— 
(1) improve communication and coordination between the 
Department of Energy’s energy response team, Federal part-
ners, and industry; 
(2) leverage the Energy Information Administration’s sub-
ject matter expertise within the Department’s energy response 
team to improve supply chain situation assessments;
H. R. 22—461 
(3) establish company liaisons and direct communication 
with the Department’s energy response team to improve situa-
tion assessments; 
(4) streamline and enhance processes for obtaining tem-
porary regulatory relief to speed up emergency response and 
recovery; 
(5) facilitate and increase engagement among States, the 
oil and natural gas industry, and the Department in developing 
State and local energy assurance plans; 
(6) establish routine education and training programs for 
key government emergency response positions with the Depart-
ment and States; and 
(7) involve States and the oil and natural gas industry 
in comprehensive drill and exercise programs. 
(c) COOPERATION.—The activities carried out under subsection 
(b) shall include collaborative efforts with State and local govern-
ment officials and the private sector. 
(d) REPORT.—Not later than 180 days after the date of enact-
ment of this Act, the Secretary of Energy shall submit to Congress 
a report describing the effectiveness of the activities authorized 
under this section. 
SEC. 61002. RESOLVING ENVIRONMENTAL AND GRID RELIABILITY CON-
FLICTS. 
(a) COMPLIANCE WITH OR VIOLATION OF ENVIRONMENTAL LAWS 
WHILE UNDER EMERGENCY ORDER.—Section 202(c) of the Federal 
Power Act (16 U.S.C. 824a(c)) is amended— 
(1) by inserting ‘‘(1)’’ after ‘‘(c)’’; and 
(2) by adding at the end the following: 
‘‘(2) With respect to an order issued under this subsection 
that may result in a conflict with a requirement of any Federal, 
State, or local environmental law or regulation, the Commission 
shall ensure that such order requires generation, delivery, inter-
change, or transmission of electric energy only during hours nec-
essary to meet the emergency and serve the public interest, and, 
to the maximum extent practicable, is consistent with any applicable 
Federal, State, or local environmental law or regulation and mini-
mizes any adverse environmental impacts. 
‘‘(3) To the extent any omission or action taken by a party, 
that is necessary to comply with an order issued under this sub-
section, including any omission or action taken to voluntarily comply 
with such order, results in noncompliance with, or causes such 
party to not comply with, any Federal, State, or local environmental 
law or regulation, such omission or action shall not be considered 
a violation of such environmental law or regulation, or subject 
such party to any requirement, civil or criminal liability, or a 
citizen suit under such environmental law or regulation. 
‘‘(4)(A) An order issued under this subsection that may result 
in a conflict with a requirement of any Federal, State, or local 
environmental law or regulation shall expire not later than 90 
days after it is issued. The Commission may renew or reissue 
such order pursuant to paragraphs (1) and (2) for subsequent 
periods, not to exceed 90 days for each period, as the Commission 
determines necessary to meet the emergency and serve the public 
interest. 
‘‘(B) In renewing or reissuing an order under subparagraph 
(A), the Commission shall consult with the primary Federal agency
H. R. 22—462 
with expertise in the environmental interest protected by such 
law or regulation, and shall include in any such renewed or reissued 
order such conditions as such Federal agency determines necessary 
to minimize any adverse environmental impacts to the extent prac-
ticable. The conditions, if any, submitted by such Federal agency 
shall be made available to the public. The Commission may exclude 
such a condition from the renewed or reissued order if it determines 
that such condition would prevent the order from adequately 
addressing the emergency necessitating such order and provides 
in the order, or otherwise makes publicly available, an explanation 
of such determination. 
‘‘(5) If an order issued under this subsection is subsequently 
stayed, modified, or set aside by a court pursuant to section 313 
or any other provision of law, any omission or action previously 
taken by a party that was necessary to comply with the order 
while the order was in effect, including any omission or action 
taken to voluntarily comply with the order, shall remain subject 
to paragraph (3).’’. 
(b) TEMPORARY CONNECTION OR CONSTRUCTION BY MUNICIPALI-
TIES.—Section 202(d) of the Federal Power Act (16 U.S.C. 824a(d)) 
is amended by inserting ‘‘or municipality’’ before ‘‘engaged in the 
transmission or sale of electric energy’’. 
SEC. 61003. CRITICAL ELECTRIC INFRASTRUCTURE SECURITY. 
(a) CRITICAL ELECTRIC INFRASTRUCTURE SECURITY.—Part II of 
the Federal Power Act (16 U.S.C. 824 et seq.) is amended by 
adding after section 215 the following new section: 
‘‘SEC. 215A. CRITICAL ELECTRIC INFRASTRUCTURE SECURITY. 
‘‘(a) DEFINITIONS.—For purposes of this section: 
‘‘(1) BULK-POWER SYSTEM; ELECTRIC RELIABILITY ORGANIZA-
TION; REGIONAL ENTITY.—The terms ‘bulk-power system’, ‘Elec-
tric Reliability Organization’, and ‘regional entity’ have the 
meanings given such terms in paragraphs (1), (2), and (7) 
of section 215(a), respectively. 
‘‘(2) CRITICAL ELECTRIC INFRASTRUCTURE.—The term ‘crit-
ical electric infrastructure’ means a system or asset of the 
bulk-power system, whether physical or virtual, the incapacity 
or destruction of which would negatively affect national secu-
rity, economic security, public health or safety, or any combina-
tion of such matters. 
‘‘(3) CRITICAL ELECTRIC INFRASTRUCTURE INFORMATION.— 
The term ‘critical electric infrastructure information’ means 
information related to critical electric infrastructure, or pro-
posed critical electrical infrastructure, generated by or provided 
to the Commission or other Federal agency, other than classi-
fied national security information, that is designated as critical 
electric infrastructure information by the Commission or the 
Secretary pursuant to subsection (d). Such term includes 
information that qualifies as critical energy infrastructure 
information under the Commission’s regulations. 
‘‘(4) DEFENSE
CRITICAL
ELECTRIC
INFRASTRUCTURE.—The 
term ‘defense critical electric infrastructure’ means any electric 
infrastructure located in any of the 48 contiguous States or 
the District of Columbia that serves a facility designated by 
the Secretary pursuant to subsection (c), but is not owned 
or operated by the owner or operator of such facility.
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‘‘(5) ELECTROMAGNETIC PULSE.—The term ‘electromagnetic 
pulse’ means 1 or more pulses of electromagnetic energy emitted 
by a device capable of disabling or disrupting operation of, 
or destroying, electronic devices or communications networks, 
including hardware, software, and data, by means of such a 
pulse. 
‘‘(6) GEOMAGNETIC STORM.—The term ‘geomagnetic storm’ 
means a temporary disturbance of the Earth’s magnetic field 
resulting from solar activity. 
‘‘(7) GRID SECURITY EMERGENCY.—The term ‘grid security 
emergency’ means the occurrence or imminent danger of— 
‘‘(A)(i) a malicious act using electronic communication 
or an electromagnetic pulse, or a geomagnetic storm event, 
that could disrupt the operation of those electronic devices 
or communications networks, including hardware, software, 
and data, that are essential to the reliability of critical 
electric infrastructure or of defense critical electric infra-
structure; and 
‘‘(ii) disruption of the operation of such devices or net-
works, with significant adverse effects on the reliability 
of critical electric infrastructure or of defense critical elec-
tric infrastructure, as a result of such act or event; or 
‘‘(B)(i) a direct physical attack on critical electric infra-
structure or on defense critical electric infrastructure; and 
‘‘(ii) significant adverse effects on the reliability of crit-
ical electric infrastructure or of defense critical electric 
infrastructure as a result of such physical attack. 
‘‘(8) SECRETARY.—The term ‘Secretary’ means the Secretary 
of Energy. 
‘‘(b) AUTHORITY TO ADDRESS GRID SECURITY EMERGENCY.— 
‘‘(1) AUTHORITY.—Whenever the President issues and pro-
vides to the Secretary a written directive or determination 
identifying a grid security emergency, the Secretary may, with 
or without notice, hearing, or report, issue such orders for 
emergency measures as are necessary in the judgment of the 
Secretary to protect or restore the reliability of critical electric 
infrastructure or of defense critical electric infrastructure 
during such emergency. As soon as practicable but not later 
than 180 days after the date of enactment of this section, 
the Secretary shall, after notice and opportunity for comment, 
establish rules of procedure that ensure that such authority 
can be exercised expeditiously. 
‘‘(2) NOTIFICATION OF CONGRESS.—Whenever the President 
issues and provides to the Secretary a written directive or 
determination under paragraph (1), the President shall 
promptly notify congressional committees of relevant jurisdic-
tion, including the Committee on Energy and Commerce of 
the House of Representatives and the Committee on Energy 
and Natural Resources of the Senate, of the contents of, and 
justification for, such directive or determination. 
‘‘(3) CONSULTATION.—Before issuing an order for emergency 
measures under paragraph (1), the Secretary shall, to the extent 
practicable in light of the nature of the grid security emergency 
and the urgency of the need for action, consult with appropriate 
governmental authorities in Canada and Mexico, entities 
described in paragraph (4), the Electricity Sub-sector Coordi-
nating Council, the Commission, and other appropriate Federal
H. R. 22—464 
agencies regarding implementation of such emergency meas-
ures. 
‘‘(4) APPLICATION.—An order for emergency measures under 
this subsection may apply to— 
‘‘(A) the Electric Reliability Organization; 
‘‘(B) a regional entity; or 
‘‘(C) any owner, user, or operator of critical electric 
infrastructure or of defense critical electric infrastructure 
within the United States. 
‘‘(5) EXPIRATION AND REISSUANCE.— 
‘‘(A) IN GENERAL.—Except as provided in subparagraph 
(B), an order for emergency measures issued under para-
graph (1) shall expire no later than 15 days after its 
issuance. 
‘‘(B) EXTENSIONS.—The Secretary may reissue an order 
for emergency measures issued under paragraph (1) for 
subsequent periods, not to exceed 15 days for each such 
period, provided that the President, for each such period, 
issues and provides to the Secretary a written directive 
or determination that the grid security emergency identi-
fied under paragraph (1) continues to exist or that the 
emergency measure continues to be required. 
‘‘(6) COST RECOVERY.— 
‘‘(A) CRITICAL
ELECTRIC
INFRASTRUCTURE.—If the 
Commission determines that owners, operators, or users 
of critical electric infrastructure have incurred substantial 
costs to comply with an order for emergency measures 
issued under this subsection and that such costs were 
prudently incurred and cannot reasonably be recovered 
through regulated rates or market prices for the electric 
energy or services sold by such owners, operators, or users, 
the Commission shall, consistent with the requirements 
of section 205, after notice and an opportunity for comment, 
establish a mechanism that permits such owners, operators, 
or users to recover such costs. 
‘‘(B) DEFENSE CRITICAL ELECTRIC INFRASTRUCTURE.— 
To the extent the owner or operator of defense critical 
electric infrastructure is required to take emergency meas-
ures pursuant to an order issued under this subsection, 
the owners or operators of a critical defense facility or 
facilities designated by the Secretary pursuant to sub-
section (c) that rely upon such infrastructure shall bear 
the full incremental costs of the measures. 
‘‘(7) TEMPORARY ACCESS TO CLASSIFIED INFORMATION.—The 
Secretary, and other appropriate Federal agencies, shall, to 
the extent practicable and consistent with their obligations 
to protect classified information, provide temporary access to 
classified information related to a grid security emergency for 
which emergency measures are issued under paragraph (1) 
to key personnel of any entity subject to such emergency meas-
ures to enable optimum communication between the entity 
and the Secretary and other appropriate Federal agencies 
regarding the grid security emergency. 
‘‘(c) DESIGNATION OF CRITICAL DEFENSE FACILITIES.—Not later 
than 180 days after the date of enactment of this section, the 
Secretary, in consultation with other appropriate Federal agencies 
and appropriate owners, users, or operators of infrastructure that
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may be defense critical electric infrastructure, shall identify and 
designate facilities located in the 48 contiguous States and the 
District of Columbia that are— 
‘‘(1) critical to the defense of the United States; and 
‘‘(2) vulnerable to a disruption of the supply of electric 
energy provided to such facility by an external provider. 
The Secretary may, in consultation with appropriate Federal agen-
cies and appropriate owners, users, or operators of defense critical 
electric infrastructure, periodically revise the list of designated 
facilities as necessary. 
‘‘(d) PROTECTION AND SHARING OF CRITICAL ELECTRIC INFRA-
STRUCTURE INFORMATION.— 
‘‘(1) PROTECTION
OF
CRITICAL
ELECTRIC
INFRASTRUCTURE 
INFORMATION.—Critical electric infrastructure information— 
‘‘(A) shall be exempt from disclosure under section 
552(b)(3) of title 5, United States Code; and 
‘‘(B) shall not be made available by any Federal, State, 
political subdivision or tribal authority pursuant to any 
Federal, State, political subdivision or tribal law requiring 
public disclosure of information or records. 
‘‘(2) DESIGNATION
AND
SHARING
OF
CRITICAL
ELECTRIC 
INFRASTRUCTURE INFORMATION.—Not later than one year after 
the date of enactment of this section, the Commission, after 
consultation with the Secretary, shall promulgate such regula-
tions as necessary to— 
‘‘(A) establish criteria and procedures to designate 
information as critical electric infrastructure information; 
‘‘(B) prohibit the unauthorized disclosure of critical 
electric infrastructure information; 
‘‘(C) ensure there are appropriate sanctions in place 
for Commissioners, officers, employees, or agents of the 
Commission or the Department of Energy who knowingly 
and 
willfully 
disclose 
critical 
electric 
infrastructure 
information in a manner that is not authorized under this 
section; and 
‘‘(D) taking into account standards of the Electric Reli-
ability Organization, facilitate voluntary sharing of critical 
electric infrastructure information with, between, and by— 
‘‘(i) Federal, State, political subdivision, and tribal 
authorities; 
‘‘(ii) the Electric Reliability Organization; 
‘‘(iii) regional entities; 
‘‘(iv) information sharing and analysis centers 
established pursuant to Presidential Decision Directive 
63; 
‘‘(v) owners, operators, and users of critical electric 
infrastructure in the United States; and 
‘‘(vi) other entities determined appropriate by the 
Commission. 
‘‘(3) AUTHORITY TO DESIGNATE.—Information may be des-
ignated by the Commission or the Secretary as critical electric 
infrastructure information pursuant to the criteria and proce-
dures established by the Commission under paragraph (2)(A).
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‘‘(4) 
CONSIDERATIONS.—In 
exercising 
their 
respective 
authorities under this subsection, the Commission and the Sec-
retary shall take into consideration the role of State commis-
sions in reviewing the prudence and cost of investments, deter-
mining the rates and terms of conditions for electric services, 
and ensuring the safety and reliability of the bulk-power system 
and distribution facilities within their respective jurisdictions. 
‘‘(5) PROTOCOLS.—The Commission and the Secretary shall, 
in consultation with Canadian and Mexican authorities, develop 
protocols for the voluntary sharing of critical electric infrastruc-
ture information with Canadian and Mexican authorities and 
owners, operators, and users of the bulk-power system outside 
the United States. 
‘‘(6) NO REQUIRED SHARING OF INFORMATION.—Nothing in 
this section shall require a person or entity in possession of 
critical electric infrastructure information to share such 
information with Federal, State, political subdivision, or tribal 
authorities, or any other person or entity. 
‘‘(7) SUBMISSION OF INFORMATION TO CONGRESS.—Nothing 
in this section shall permit or authorize the withholding of 
information from Congress, any committee or subcommittee 
thereof, or the Comptroller General. 
‘‘(8) DISCLOSURE
OF
NONPROTECTED
INFORMATION.—In 
implementing this section, the Commission and the Secretary 
shall segregate critical electric infrastructure information or 
information that reasonably could be expected to lead to the 
disclosure of the critical electric infrastructure information 
within documents and electronic communications, wherever fea-
sible, to facilitate disclosure of information that is not des-
ignated as critical electric infrastructure information. 
‘‘(9) DURATION OF DESIGNATION.—Information may not be 
designated as critical electric infrastructure information for 
longer than 5 years, unless specifically re-designated by the 
Commission or the Secretary, as appropriate. 
‘‘(10) REMOVAL OF DESIGNATION.—The Commission or the 
Secretary, as appropriate, shall remove the designation of crit-
ical electric infrastructure information, in whole or in part, 
from a document or electronic communication if the Commission 
or the Secretary, as appropriate, determines that the unauthor-
ized disclosure of such information could no longer be used 
to impair the security or reliability of the bulk-power system 
or distribution facilities. 
‘‘(11) JUDICIAL REVIEW OF DESIGNATIONS.—Notwithstanding 
section 313(b), with respect to a petition filed by a person 
to which an order under this section applies, any determination 
by the Commission or the Secretary concerning the designation 
of critical electric infrastructure information under this sub-
section shall be subject to review under chapter 7 of title 
5, United States Code, except that such review shall be brought 
in the district court of the United States in the district in 
which the complainant resides, or has his principal place of 
business, or in the District of Columbia. In such a case the 
court shall examine in camera the contents of documents or 
electronic communications that are the subject of the deter-
mination under review to determine whether such documents 
or any part thereof were improperly designated or not des-
ignated as critical electric infrastructure information.
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‘‘(e) SECURITY CLEARANCES.—The Secretary shall facilitate and, 
to the extent practicable, expedite the acquisition of adequate secu-
rity clearances by key personnel of any entity subject to the require-
ments of this section, to enable optimum communication with Fed-
eral agencies regarding threats to the security of the critical electric 
infrastructure. The Secretary, the Commission, and other appro-
priate Federal agencies shall, to the extent practicable and con-
sistent with their obligations to protect classified and critical electric 
infrastructure information, share timely actionable information 
regarding grid security with appropriate key personnel of owners, 
operators, and users of the critical electric infrastructure. 
‘‘(f) CLARIFICATIONS OF LIABILITY.— 
‘‘(1) COMPLIANCE WITH OR VIOLATION OF THIS ACT.—Except 
as provided in paragraph (4), to the extent any action or omis-
sion taken by an entity that is necessary to comply with an 
order for emergency measures issued under subsection (b)(1), 
including any action or omission taken to voluntarily comply 
with such order, results in noncompliance with, or causes such 
entity not to comply with any rule, order, regulation, or provi-
sion of this Act, including any reliability standard approved 
by the Commission pursuant to section 215, such action or 
omission shall not be considered a violation of such rule, order, 
regulation, or provision. 
‘‘(2) RELATION TO SECTION 202(c).—Except as provided in 
paragraph (4), an action or omission taken by an owner, oper-
ator, or user of critical electric infrastructure or of defense 
critical electric infrastructure to comply with an order for emer-
gency measures issued under subsection (b)(1) shall be treated 
as an action or omission taken to comply with an order issued 
under section 202(c) for purposes of such section. 
‘‘(3) SHARING OR RECEIPT OF INFORMATION.—No cause of 
action shall lie or be maintained in any Federal or State court 
for the sharing or receipt of information under, and that is 
conducted in accordance with, subsection (d). 
‘‘(4) RULE OF CONSTRUCTION.—Nothing in this subsection 
shall be construed to require dismissal of a cause of action 
against an entity that, in the course of complying with an 
order for emergency measures issued under subsection (b)(1) 
by taking an action or omission for which they would be liable 
but for paragraph (1) or (2 ), takes such action or omission 
in a grossly negligent manner.’’. 
(b) CONFORMING AMENDMENTS.— 
(1) JURISDICTION.—Section 201(b)(2) of the Federal Power 
Act (16 U.S.C. 824(b)(2)) is amended by inserting ‘‘215A,’’ after 
‘‘215,’’ each place it appears. 
(2) PUBLIC UTILITY.—Section 201(e) of the Federal Power 
Act (16 U.S.C. 824(e)) is amended by inserting ‘‘215A,’’ after 
‘‘215,’’. 
(c) ENHANCED GRID SECURITY.— 
(1) DEFINITIONS.—In this subsection: 
(A) CRITICAL
ELECTRIC
INFRASTRUCTURE; 
CRITICAL 
ELECTRIC INFRASTRUCTURE INFORMATION.—The terms ‘‘crit-
ical electric infrastructure’’ and ‘‘critical electric infrastruc-
ture information’’ have the meanings given those terms 
in section 215A of the Federal Power Act.
H. R. 22—468 
(B) SECTOR-SPECIFIC AGENCY.—The term ‘‘Sector-Spe-
cific Agency’’ has the meaning given that term in the Presi-
dential Policy Directive entitled ‘‘Critical Infrastructure 
Security and Resilience’’, numbered 21, and dated February 
12, 2013. 
(2) SECTOR-SPECIFIC AGENCY FOR CYBERSECURITY FOR THE 
ENERGY SECTOR.— 
(A) IN GENERAL.—The Department of Energy shall be 
the lead Sector-Specific Agency for cybersecurity for the 
energy sector. 
(B) DUTIES.—As head of the designated Sector-Specific 
Agency for cybersecurity, the duties of the Secretary of 
Energy shall include— 
(i) coordinating with the Department of Homeland 
Security and other relevant Federal departments and 
agencies; 
(ii) collaborating with— 
(I) critical electric infrastructure owners and 
operators; and 
(II) as appropriate— 
(aa) independent regulatory agencies; and 
(bb) State, local, tribal, and territorial 
entities; 
(cc) serving as a day-to-day Federal inter-
face for the dynamic prioritization and 
coordination of sector-specific activities; 
(dd) carrying out incident management 
responsibilities consistent with applicable law 
(including regulations) and other appropriate 
policies or directives; 
(ee) providing, supporting, or facilitating 
technical assistance and consultations for the 
energy sector to identify vulnerabilities and 
help mitigate incidents, as appropriate; and 
(ff) supporting the reporting requirements 
of the Department of Homeland Security 
under applicable law by providing, on an 
annual basis, sector-specific critical electric 
infrastructure information. 
SEC. 61004. STRATEGIC TRANSFORMER RESERVE. 
(a) FINDING.—Congress finds that the storage of strategically 
located spare large power transformers and emergency mobile sub-
stations will reduce the vulnerability of the United States to mul-
tiple risks facing electric grid reliability, including physical attack, 
cyber attack, electromagnetic pulse, geomagnetic disturbances, 
severe weather, and seismic events. 
(b) DEFINITIONS.—In this section: 
(1) BULK-POWER SYSTEM.—The term ‘‘bulk-power system’’ 
has the meaning given such term in section 215(a) of the 
Federal Power Act (16 U.S.C. 824o(a)). 
(2) CRITICALLY
DAMAGED
LARGE
POWER
TRANSFORMER.— 
The term ‘‘critically damaged large power transformer’’ means 
a large power transformer that— 
(A) has sustained extensive damage such that— 
(i) repair or refurbishment is not economically 
viable; or