Title: Financial Services and General Government Appropriations Act, 2018
Policy area: Economics and Public Finance

Summary:
Financial Services and General Government Appropriations Act, 2018
Provides FY2018 appropriations to the Department of the Treasury, the Executive Office of the President, the judiciary, the District of Columbia, and several independent agencies.
Department of the Treasury Appropriations Act, 2018
Provides appropriations to the Department of the Treasury, including the Internal Revenue Service.
Executive Office of the President Appropriations Act, 2018
Provides appropriations to the Executive Office of the President and Funds Appropriated to the President.
Judiciary Appropriations Act, 2018
Provides appropriations to the judiciary, including the U.S. Supreme Court, other federal courts, administrative offices, and the U.S. Sentencing Commission.
District of Columbia Appropriations Act, 2018
Provides appropriations to the District of Columbia, including Federal Funds and District of Columbia Funds.
Provides appropriations to independent agencies, including:
Sets forth requirements and restrictions for the use of funds provided by this and other appropriations Acts.
Includes several provisions that modify various financial services laws and were included in H.R. 10 (Financial CHOICE Act of 2017), as passed by the House of Representatives on June 8, 2017.
Financial Institution Bankruptcy Act of 2017
Amends federal bankruptcy law to establish a new bankruptcy process for certain large financial institutions.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3280 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 167
115th CONGRESS
  1st Session
                                H. R. 3280

                          [Report No. 115-234]

Making appropriations for financial services and general government for 
   the fiscal year ending September 30, 2018, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 18, 2017

 Mr. Graves of Georgia, from the Committee on Appropriations, reported 
 the following bill; which was committed to the Committee of the Whole 
       House on the State of the Union and ordered to be printed

_______________________________________________________________________

                                 A BILL


 
Making appropriations for financial services and general government for 
   the fiscal year ending September 30, 2018, and for other purposes.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That the following sums 
are appropriated, out of any money in the Treasury not otherwise 
appropriated, for the fiscal year ending September 30, 2018, and for 
other purposes, namely:

                                TITLE I

                       DEPARTMENT OF THE TREASURY

                          Departmental Offices

                         salaries and expenses

    For necessary expenses of the Departmental Offices including 
operation and maintenance of the Treasury Building and Freedman's Bank 
Building; hire of passenger motor vehicles; maintenance, repairs, and 
improvements of, and purchase of commercial insurance policies for, 
real properties leased or owned overseas, when necessary for the 
performance of official business; executive direction program 
activities; international affairs and economic policy activities; 
domestic finance and tax policy activities, including technical 
assistance to Puerto Rico; and Treasury-wide management policies and 
programs activities, $201,751,000:  Provided, That of the amount 
appropriated under this heading--
            (1) not to exceed $350,000 is for official reception and 
        representation expenses;
            (2) not to exceed $258,000 is for unforeseen emergencies of 
        a confidential nature to be allocated and expended under the 
        direction of the Secretary of the Treasury and to be accounted 
        for solely on the Secretary's certificate; and
            (3) not to exceed $24,000,000 shall remain available until 
        September 30, 2019, for--
                    (A) the Treasury-wide Financial Statement Audit and 
                Internal Control Program;
                    (B) information technology modernization 
                requirements;
                    (C) the audit, oversight, and administration of the 
                Gulf Coast Restoration Trust Fund;
                    (D) the development and implementation of programs 
                within the Office of Critical Infrastructure Protection 
                and Compliance Policy, including entering into 
                cooperative agreements;
                    (E) operations and maintenance of facilities; and
                    (F) international operations.

             office of terrorism and financial intelligence

                         salaries and expenses

    For the necessary expenses of the Office of Terrorism and Financial 
Intelligence to safeguard the financial system against illicit use and 
to combat rogue nations, terrorist facilitators, weapons of mass 
destruction proliferators, money launderers, drug kingpins, and other 
national security threats, $123,000,000:  Provided, That of the amount 
appropriated under this heading: (1) up to $28,000,000 may be 
transferred to the Departmental Offices Salaries and Expenses 
appropriation and shall be available for administrative support to the 
Office of Terrorism and Financial Intelligence; and (2) up to 
$5,000,000 shall remain available until September 30, 2019.

                   cybersecurity enhancement account

    For salaries and expenses for enhanced cybersecurity for systems 
operated by the Department of the Treasury, $27,264,000, to remain 
available until September 30, 2020: Provided, That such funds shall 
supplement and not supplant any other amounts made available to the 
Treasury offices and bureaus for cybersecurity:  Provided further, That 
the Chief Information Officer of the individual offices and bureaus 
shall submit a spend plan for each investment to the Treasury Chief 
Information Officer for approval:  Provided further, That the submitted 
spend plan shall be reviewed and approved by the Treasury Chief 
Information Officer prior to the obligation of funds under this 
heading:  Provided further, That of the total amount made available 
under this heading $1,000,000 shall be available for administrative 
expenses for the Treasury Chief Information Officer to provide 
oversight of the investments made under this heading:  Provided 
further, That such funds shall supplement and not supplant any other 
amounts made available to the Treasury Chief Information Officer.

        department-wide systems and capital investments programs

                     (including transfer of funds)

    For development and acquisition of automatic data processing 
equipment, software, and services and for repairs and renovations to 
buildings owned by the Department of the Treasury, $3,077,000, to 
remain available until September 30, 2020:  Provided, That these funds 
shall be transferred to accounts and in amounts as necessary to satisfy 
the requirements of the Department's offices, bureaus, and other 
organizations:  Provided further, That this transfer authority shall be 
in addition to any other transfer authority provided in this Act:  
Provided further, That none of the funds appropriated under this 
heading shall be used to support or supplement ``Internal Revenue 
Service, Operations Support'' or ``Internal Revenue Service, Business 
Systems Modernization''.

                      office of inspector general

                         salaries and expenses

    For necessary expenses of the Office of Inspector General in 
carrying out the provisions of the Inspector General Act of 1978, 
$34,112,000, including hire of passenger motor vehicles; of which not 
to exceed $100,000 shall be available for unforeseen emergencies of a 
confidential nature, to be allocated and expended under the direction 
of the Inspector General of the Treasury; of which up to $2,800,000 to 
remain available until September 30, 2019, shall be for audits and 
investigations conducted pursuant to section 1608 of the Resources and 
Ecosystems Sustainability, Tourist Opportunities, and Revived Economies 
of the Gulf Coast States Act of 2012 (33 U.S.C. 1321 note); and of 
which not to exceed $1,000 shall be available for official reception 
and representation expenses.

           treasury inspector general for tax administration

                         salaries and expenses

    For necessary expenses of the Treasury Inspector General for Tax 
Administration in carrying out the Inspector General Act of 1978, as 
amended, including purchase and hire of passenger motor vehicles (31 
U.S.C. 1343(b)); and services authorized by 5 U.S.C. 3109, at such 
rates as may be determined by the Inspector General for Tax 
Administration; $165,113,000, of which $5,000,000 shall remain 
available until September 30, 2019; of which not to exceed $6,000,000 
shall be available for official travel expenses; of which not to exceed 
$500,000 shall be available for unforeseen emergencies of a 
confidential nature, to be allocated and expended under the direction 
of the Inspector General for Tax Administration; and of which not to 
exceed $1,500 shall be available for official reception and 
representation expenses.

    special inspector general for the troubled asset relief program

                         salaries and expenses

    For necessary expenses of the Office of the Special Inspector 
General in carrying out the provisions of the Emergency Economic 
Stabilization Act of 2008 (Public Law 110-343), $37,044,000.

                  Financial Crimes Enforcement Network

                         salaries and expenses

    For necessary expenses of the Financial Crimes Enforcement Network, 
including hire of passenger motor vehicles; travel and training 
expenses of non-Federal and foreign government personnel to attend 
meetings and training concerned with domestic and foreign financial 
intelligence activities, law enforcement, and financial regulation; 
services authorized by 5 U.S.C. 3109; not to exceed $10,000 for 
official reception and representation expenses; and for assistance to 
Federal law enforcement agencies, with or without reimbursement, 
$115,003,000, of which not to exceed $34,335,000 shall remain available 
until September 30, 2020.

                        Treasury Forfeiture Fund

                              (rescission)

    Of the unobligated balances available under this heading, 
$876,000,000 are hereby permanently rescinded not later than September 
30, 2018.

                      (including return of funds)

    In addition, of amounts in the Treasury Forfeiture Fund, 
$38,800,000 from funds paid to the United States Government by BNP 
Paribas S.A. as part of, or related to, a plea agreement dated June 27, 
2014, entered into between the Department of Justice and BNP Paribas 
S.A., and subject to a consent order entered by the United States 
District Court for the Southern District of New York on May 1, 2015, in 
United States v. BNPP, No. 14 Cr. 460 (S.D.N.Y.), are hereby returned 
to the general fund of the Treasury.

                      Bureau of the Fiscal Service

                         salaries and expenses

    For necessary expenses of operations of the Bureau of the Fiscal 
Service, $330,837,000; of which not to exceed $4,210,000, to remain 
available until September 30, 2020, is for information systems 
modernization initiatives; and of which $5,000 shall be available for 
official reception and representation expenses.
    In addition, $165,000, to be derived from the Oil Spill Liability 
Trust Fund to reimburse administrative and personnel expenses for 
financial management of the Fund, as authorized by section 1012 of 
Public Law 101-380.

                Alcohol and Tobacco Tax and Trade Bureau

                         salaries and expenses

    For necessary expenses of carrying out section 1111 of the Homeland 
Security Act of 2002, including hire of passenger motor vehicles, 
$111,439,000; of which not to exceed $6,000 for official reception and 
representation expenses; not to exceed $50,000 for cooperative research 
and development programs for laboratory services; and provision of 
laboratory assistance to State and local agencies with or without 
reimbursement:  Provided, That of the amount appropriated under this 
heading, $5,000,000 shall be for the costs of accelerating the 
processing of formula and label applications:  Provided further, That 
of the amount appropriated under this heading, $5,000,000, to remain 
available until September 30, 2019, shall be for the costs associated 
with enforcement of the trade practice provisions of the Federal 
Alcohol Administration Act (27 U.S.C. 201 et seq.).

                           United States Mint

               united states mint public enterprise fund

    Pursuant to section 5136 of title 31, United States Code, the 
United States Mint is provided funding through the United States Mint 
Public Enterprise Fund for costs associated with the production of 
circulating coins, numismatic coins, and protective services, including 
both operating expenses and capital investments:  Provided, That the 
aggregate amount of new liabilities and obligations incurred during 
fiscal year 2018 under such section 5136 for circulating coinage and 
protective service capital investments of the United States Mint shall 
not exceed $30,000,000.

   Community Development Financial Institutions Fund Program Account

    To carry out the Riegle Community Development and Regulatory 
Improvement Act of 1994 (subtitle A of title I of Public Law 103-325), 
including services authorized by section 3109 of title 5, United States 
Code, but at rates for individuals not to exceed the per diem rate 
equivalent to the rate for EX-3, $190,000,000. Of the amount 
appropriated under this heading--
            (1) not less than $137,000,000, notwithstanding section 
        108(e) of Public Law 103-325 (12 U.S.C. 4707(e)) with regard to 
        Small and/or Emerging Community Development Financial 
        Institutions Assistance awards, and section 108(d) of Public 
        Law 103-325 (12 U.S.C. 4707(d)) shall not apply with respect to 
        financial assistance in the form of direct loans, is available 
        until September 30, 2019, for financial assistance and 
        technical assistance under subparagraphs (A) and (B) of section 
        108(a)(1), respectively, of Public Law 103-325 (12 U.S.C. 
        4707(a)(1)(A) and (B)), of which up to $5,896,000 may be used 
        for the cost of direct loans, and of which up to $3,000,000, 
        subsection (d) of section 108 of Public Law 103-325 (12 U.S.C. 
        4707 (d)) shall not apply to the use of such funds, may be 
        available to provide financial assistance, technical 
        assistance, training and outreach to community development 
        financial institutions to expand investments that benefit 
        individuals with disabilities: Provided, That the cost of 
        direct and guaranteed loans, including the cost of modifying 
        such loans, shall be as defined in section 502 of the 
        Congressional Budget Act of 1974: Provided further, That these 
        funds are available to subsidize gross obligations for the 
        principal amount of direct loans not to exceed $50,000,000;
            (2) not less than $15,000,000, notwithstanding section 
        108(e) of Public Law 103-325 (12 U.S.C. 4707(e)), is available 
        until September 30, 2019, for financial assistance, technical 
        assistance, training and outreach programs designed to benefit 
        Native American, Native Hawaiian, and Native Alaskan 
        communities and provided primarily through qualified community 
        development lender organizations with experience and expertise 
        in community development banking and lending in Indian country, 
        Native American organizations, tribes and tribal organizations, 
        and other suitable providers;
            (3) not less than $15,000,000 is available until September 
        30, 2019, for the Bank Enterprise Award program;
            (4) up to $23,000,000 is available until September 30, 
        2018, for administrative expenses, including administration of 
        CDFI fund programs and the New Markets Tax Credit Program, of 
        which not less than $1,000,000 is for development of tools to 
        better assess and inform CDFI investment performance, and up to 
        $300,000 is for administrative expenses to carry out the direct 
        loan program; and
            (5) during fiscal year 2018, none of the funds available 
        under this heading are available for the cost, as defined in 
        section 502 of the Congressional Budget Act of 1974, of 
        commitments to guarantee bonds and notes under section 114A of 
        the Riegle Community Development and Regulatory Improvement Act 
        of 1994 (12 U.S.C. 4713a):  Provided, That commitments to 
        guarantee bonds and notes under such section 114A shall not 
        exceed $500,000,000:  Provided further, That such section 114A 
        shall remain in effect until September 30, 2018:  Provided 
        further, That of the funds awarded under this heading, not less 
        than 10 percent shall be used for awards that support 
        investments that serve populations living in persistent poverty 
        counties:  Provided further, That for purposes of this section, 
        the term ``persistent poverty counties'' means any county that 
        has had 20 percent or more of its population living in poverty 
        over the past 30 years, as measured by the 1990 and 2000 
        decennial censuses and the most recent series of 5-year data 
        available from the American Community Survey from the Census 
        Bureau.

                        Internal Revenue Service

                           taxpayer services

    For necessary expenses of the Internal Revenue Service to provide 
taxpayer services, including pre-filing assistance and education, 
filing and account services, taxpayer advocacy services, and other 
services as authorized by 5 U.S.C. 3109, at such rates as may be 
determined by the Commissioner, $2,315,754,000, of which $8,890,000 
shall be for the Tax Counseling for the Elderly Program; of which 
$12,000,000 shall be available for low-income taxpayer clinic grants; 
of which $15,000,000, to remain available until September 30, 2019, 
shall be available for a Community Volunteer Income Tax Assistance 
matching grants program for tax return preparation assistance, of which 
not less than $206,000,000 shall be available for operating expenses of 
the Taxpayer Advocate Service:  Provided, That of the amounts made 
available for the Taxpayer Advocate Service, not less than $5,000,000 
shall be for identity theft casework.

                              enforcement

    For necessary expenses for tax enforcement activities of the 
Internal Revenue Service to determine and collect owed taxes, to 
provide legal and litigation support, to conduct criminal 
investigations, to enforce criminal statutes related to violations of 
internal revenue laws and other financial crimes, to purchase and hire 
passenger motor vehicles (31 U.S.C. 1343(b)), and to provide other 
services as authorized by 5 U.S.C. 3109, at such rates as may be 
determined by the Commissioner, $4,810,000,000, of which not to exceed 
$50,000,000 shall remain available until September 30, 2019, and of 
which not less than $60,257,000 shall be for the Interagency Crime and 
Drug Enforcement program.

                           operations support

    For necessary expenses of the Internal Revenue Service to support 
taxpayer services and enforcement programs, including rent payments; 
facilities services; printing; postage; physical security; headquarters 
and other IRS-wide administration activities; research and statistics 
of income; telecommunications; information technology development, 
enhancement, operations, maintenance, and security; the hire of 
passenger motor vehicles (31 U.S.C. 1343(b)); the operations of the 
Internal Revenue Service Oversight Board; and other services as 
authorized by 5 U.S.C. 3109, at such rates as may be determined by the 
Commissioner; $3,850,189,000, of which not to exceed $50,000,000 shall 
remain available until September 30, 2019; of which not to exceed 
$10,000,000 shall remain available until expended for acquisition of 
equipment and construction, repair and renovation of facilities; of 
which not to exceed $1,000,000 shall remain available until September 
30, 2020, for research; of which not to exceed $20,000 shall be for 
official reception and representation expenses:  Provided, That not 
later than 30 days after the end of each quarter, the Internal Revenue 
Service shall submit a report to the Committees on Appropriations of 
the House of Representatives and the Senate and the Comptroller General 
of the United States detailing the cost and schedule performance for 
its major information technology investments, including the purpose and 
life-cycle stages of the investments; the reasons for any cost and 
schedule variances; the risks of such investments and strategies the 
Internal Revenue Service is using to mitigate such risks; and the 
expected developmental milestones to be achieved and costs to be 
incurred in the next quarter:  Provided further, That the Internal 
Revenue Service shall include, in its budget justification for fiscal 
year 2019, a summary of cost and schedule performance information for 
its major information technology systems.

                     business systems modernization

    For necessary expenses of the Internal Revenue Service's business 
systems modernization program, $110,000,000, to remain available until 
September 30, 2020, for the capital asset acquisition of information 
technology systems, including management and related contractual costs 
of said acquisitions, including related Internal Revenue Service labor 
costs, and contractual costs associated with operations authorized by 5 
U.S.C. 3109:  Provided, That not later than 30 days after the end of 
each quarter, the Internal Revenue Service shall submit a report to the 
Committees on Appropriations of the House of Representatives and the 
Senate and the Comptroller General of the United States detailing the 
cost and schedule performance for CADE 2 and Return Renew Program 
information technology investments, including the purposes and life-
cycle stages of the investments; the reasons for any cost and schedule 
variances; the risks of such investments and the strategies the 
Internal Revenue Service is using to mitigate such risks; and the 
expected developmental milestones to be achieved and costs to be 
incurred in the next quarter.

          administrative provisions--internal revenue service

                     (including transfers of funds)

    Sec. 101.  Not to exceed 5 percent of any appropriation made 
available in this Act to the Internal Revenue Service may be 
transferred to any other Internal Revenue Service appropriation upon 
the advance approval of the Committees on Appropriations.
    Sec. 102.  The Internal Revenue Service shall maintain an employee 
training program, which shall include the following topics: taxpayers' 
rights, dealing courteously with taxpayers, cross-cultural relations, 
ethics, and the impartial application of tax law.
    Sec. 103.  The Internal Revenue Service shall institute and enforce 
policies and procedures that will safeguard the confidentiality of 
taxpayer information and protect taxpayers against identity theft.
    Sec. 104.  Funds made available by this or any other Act to the 
Internal Revenue Service shall be available for improved facilities and 
increased staffing to provide sufficient and effective 1-800 help line 
service for taxpayers. The Commissioner shall continue to make 
improvements to the Internal Revenue Service 1-800 help line service a 
priority and allocate resources necessary to enhance the response time 
to taxpayer communications, particularly with regard to victims of tax-
related crimes.
    Sec. 105.  None of the funds made available to the Internal Revenue 
Service by this Act may be used to make a video unless the Service-Wide 
Video Editorial Board determines in advance that making the video is 
appropriate, taking into account the cost, topic, tone, and purpose of 
the video.
    Sec. 106.  The Internal Revenue Service shall issue a notice of 
confirmation of any address change relating to an employer making 
employment tax payments, and such notice shall be sent to both the 
employer's former and new address and an officer or employee of the 
Internal Revenue Service shall give special consideration to an offer-
in-compromise from a taxpayer who has been the victim of fraud by a 
third party payroll tax preparer.
    Sec. 107.  None of the funds made available under this Act may be 
used by the Internal Revenue Service to target citizens of the United 
States for exercising any right guaranteed under the First Amendment to 
the Constitution of the United States.
    Sec. 108.  None of the funds made available in this Act may be used 
by the Internal Revenue Service to target groups for regulatory 
scrutiny based on their ideological beliefs.
    Sec. 109.  None of funds made available by this Act to the Internal 
Revenue Service shall be obligated or expended on conferences that do 
not adhere to the procedures, verification processes, documentation 
requirements, and policies issued by the Chief Financial Officer, Human 
Capital Office, and Agency-Wide Shared Services as a result of the 
recommendations in the report published on May 31, 2013, by the 
Treasury Inspector General for Tax Administration entitled ``Review of 
the August 2010 Small Business/Self-Employed Division's Conference in 
Anaheim, California'' (Reference Number 2013-10-037).
    Sec. 110.  None of the funds made available in this Act to the 
Internal Revenue Service may be obligated or expended--
            (1) to make a payment to any employee under a bonus, award, 
        or recognition program; or
            (2) under any hiring or personnel selection process with 
        respect to re-hiring a former employee, unless such program or 
        process takes into account the conduct and Federal tax 
        compliance of such employee or former employee.
    Sec. 111.  None of the funds made available by this Act may be used 
in contravention of section 6103 of the Internal Revenue Code of 1986 
(relating to confidentiality and disclosure of returns and return 
information).
    Sec. 112.  None of the funds made available by this Act may be used 
by the Internal Revenue Service to implement or enforce section 5000A 
of the Internal Revenue Code of 1986, section 6055 of such Code, 
section 1502(c) of the Patient Protection and Affordable Care Act 
(Public Law 111-148), or any amendments made by section 1502(b) of such 
Act.
    Sec. 113.  Except to the extent provided in section 6014, 6020, or 
6201(d) of the Internal Revenue Code of 1986, no funds in this or any 
other Act shall be available to the Secretary of the Treasury to 
provide to any person a proposed final return or statement for use by 
such person to satisfy a filing or reporting requirement under such 
Code.
    Sec. 114.  None of the funds made available by this Act may be used 
by the Internal Revenue Service to implement or enforce Internal 
Revenue Service Notice 2017-10 with respect to transactions entered 
into before January 23, 2017.
    Sec. 115.  None of the funds made available by this Act may be used 
to finalize, implement, or enforce amendments to Treasury Regulations 
proposed in the Notice of Proposed Rulemaking in the Federal Register 
on August 4, 2016 (81 Fed. Reg. 51413) (relating to restrictions on 
liquidation of an interest with respect to estate, gift, and 
generation-skipping transfer taxes under section 2704 of the Internal 
Revenue Code of 1986), or any substantially similar amendments to such 
regulations.
    Sec. 116.  None of the funds made available by this Act may be used 
by the Internal Revenue Service to make a determination that a church, 
an integrated auxiliary of a church, or a convention or association of 
churches is not exempt from taxation for participating in, or 
intervening in, any political campaign on behalf of (or in opposition 
to) any candidate for public office unless--
            (1) the Commissioner of Internal Revenue consents to such 
        determination;
            (2) not later than 30 days after such determination, the 
        Commissioner notifies the Committee on Ways and Means of the 
        House of Representatives and the Committee on Finance of the 
        Senate of such determination; and
            (3) such determination is effective with respect to the 
        church, integrated auxiliary of a church, or convention or 
        association of churches not earlier than 90 days after the date 
        of the notification under paragraph (2).

         Administrative Provisions--Department of the Treasury

                     (including transfers of funds)

    Sec. 117.  Appropriations to the Department of the Treasury in this 
Act shall be available for uniforms or allowances therefor, as 
authorized by law (5 U.S.C. 5901), including maintenance, repairs, and 
cleaning; purchase of insurance for official motor vehicles operated in 
foreign countries; purchase of motor vehicles without regard to the 
general purchase price limitations for vehicles purchased and used 
overseas for the current fiscal year; entering into contracts with the 
Department of State for the furnishing of health and medical services 
to employees and their dependents serving in foreign countries; and 
services authorized by 5 U.S.C. 3109.
    Sec. 118.  Not to exceed 2 percent of any appropriations in this 
title made available under the headings ``Departmental Offices--
Salaries and Expenses'', ``Office of Inspector General'', ``Special 
Inspector General for the Troubled Asset Relief Program'', ``Financial 
Crimes Enforcement Network'', ``Bureau of the Fiscal Service'', and 
``Alcohol and Tobacco Tax and Trade Bureau'' may be transferred between 
such appropriations upon the advance approval of the Committees on 
Appropriations of the House of Representatives and the Senate:  
Provided, That no transfer under this section may increase or decrease 
any such appropriation by more than 2 percent.
    Sec. 119.  Not to exceed 2 percent of any appropriation made 
available in this Act to the Internal Revenue Service may be 
transferred to the Treasury Inspector General for Tax Administration's 
appropriation upon the advance approval of the Committees on 
Appropriations of the House of Representatives and the Senate:  
Provided, That no transfer may increase or decrease any such 
appropriation by more than 2 percent.
    Sec. 120.  None of the funds appropriated in this Act or otherwise 
available to the Department of the Treasury or the Bureau of Engraving 
and Printing may be used to redesign the $1 Federal Reserve note.
    Sec. 121.  The Secretary of the Treasury may transfer funds from 
the ``Bureau of the Fiscal Service-Salaries and Expenses'' to the Debt 
Collection Fund as necessary to cover the costs of debt collection:  
Provided, That such amounts shall be reimbursed to such salaries and 
expenses account from debt collections received in the Debt Collection 
Fund.
    Sec. 122.  None of the funds appropriated or otherwise made 
available by this or any other Act may be used by the United States 
Mint to construct or operate any museum without the explicit approval 
of the Committees on Appropriations of the House of Representatives and 
the Senate, the House Committee on Financial Services, and the Senate 
Committee on Banking, Housing, and Urban Affairs.
    Sec. 123.  None of the funds appropriated or otherwise made 
available by this or any other Act or source to the Department of the 
Treasury, the Bureau of Engraving and Printing, and the United States 
Mint, individually or collectively, may be used to consolidate any or 
all functions of the Bureau of Engraving and Printing and the United 
States Mint without the explicit approval of the House Committee on 
Financial Services; the Senate Committee on Banking, Housing, and Urban 
Affairs; and the Committees on Appropriations of the House of 
Representatives and the Senate.
    Sec. 124.  Funds appropriated by this Act, or made available by the 
transfer of funds in this Act, for the Department of the Treasury's 
intelligence or intelligence related activities are deemed to be 
specifically authorized by the Congress for purposes of section 504 of 
the National Security Act of 1947 (50 U.S.C. 414) during fiscal year 
2018 until the enactment of the Intelligence Authorization Act for 
Fiscal Year 2018.
    Sec. 125.  Not to exceed $5,000 shall be made available from the 
Bureau of Engraving and Printing's Industrial Revolving Fund for 
necessary official reception and representation expenses.
    Sec. 126.  The Secretary of the Treasury shall submit a Capital 
Investment Plan to the Committees on Appropriations of the Senate and 
the House of Representatives not later than 30 days following the 
submission of the annual budget submitted by the President:  Provided, 
That such Capital Investment Plan shall include capital investment 
spending from all accounts within the Department of the Treasury, 
including but not limited to the Department-wide Systems and Capital 
Investment Programs account, Treasury Franchise Fund account, and the 
Treasury Forfeiture Fund account:  Provided further, That such Capital 
Investment Plan shall include expenditures occurring in previous fiscal 
years for each capital investment project that has not been fully 
completed.
    Sec. 127. (a) Not later than 60 days after the end of each quarter, 
the Office of Financial Stability and the Office of Financial Research 
shall submit reports on their activities to the Committees on 
Appropriations of the House of Representatives and the Senate, the 
Committee on Financial Services of the House of Representatives and the 
Senate Committee on Banking, Housing, and Urban Affairs.
    (b) The reports required under subsection (a) shall include--
            (1) the obligations made during the previous quarter by 
        object class, office, and activity;
            (2) the estimated obligations for the remainder of the 
        fiscal year by object class, office, and activity;
            (3) the number of full-time equivalents within each office 
        during the previous quarter;
            (4) the estimated number of full-time equivalents within 
        each office for the remainder of the fiscal year; and
            (5) actions taken to achieve the goals, objectives, and 
        performance measures of each office.
    (c) At the request of any such Committees specified in subsection 
(a), the Office of Financial Stability and the Office of Financial 
Research shall make officials available to testify on the contents of 
the reports required under subsection (a).
    Sec. 128.  Within 45 days after the date of enactment of this Act, 
the Secretary of the Treasury shall submit an itemized report to the 
Committees on Appropriations of the House of Representatives and the 
Senate on the amount of total funds charged to each office by the 
Franchise Fund including the amount charged for each service provided 
by the Franchise Fund to each office, a detailed description of the 
services, a detailed explanation of how each charge for each service is 
calculated, and a description of the role customers have in governing 
in the Franchise Fund.
    Sec. 129.  During fiscal year 2018--
            (1) none of the funds made available in this or any other 
        Act may be used by the Department of the Treasury, including 
        the Internal Revenue Service, to issue, revise, or finalize any 
        regulation, revenue ruling, or other guidance not limited to a 
        particular taxpayer relating to the standard which is used to 
        determine whether an organization is operated exclusively for 
        the promotion of social welfare for purposes of section 
        501(c)(4) of the Internal Revenue Code of 1986 (including the 
        proposed regulations published at 78 Fed. Reg. 71535 (November 
        29, 2013)); and
            (2) the standard and definitions as in effect on January 1, 
        2010, which are used to make such determinations shall apply 
        after the date of the enactment of this Act for purposes of 
        determining status under section 501(c)(4) of such Code of 
        organizations created on, before, or after such date.
    Sec. 130. (a) None of the funds made available by this Act may be 
used to approve, license, facilitate, authorize, or otherwise allow the 
use, purchase, trafficking, or import of property confiscated by the 
Cuban Government.
    (b) In this section, the terms ``confiscated'', ``Cuban 
Government'', ``property'', and ``traffic'' have the meanings given 
such terms in paragraphs (4), (5), (12)(A), and (13), respectively, of 
section 4 of the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act 
of 1996 (22 U.S.C. 6023).
    Sec. 131. (a) None of the funds made available in this Act may be 
used to authorize a general license or approve a specific license under 
section 501.801 or 515.527 of title 31, Code of Federal Regulations, 
with respect to a mark, trade name, or commercial name that is the same 
as or substantially similar to a mark, trade name, or commercial name 
that was used in connection with a business or assets that were 
confiscated unless the original owner of the mark, trade name, or 
commercial name, or the bona-fide successor-in-interest has expressly 
consented.
    (b) In this section, the term ``confiscated'' has a meaning given 
such term in section 4(4) of the Cuban Liberty and Democratic 
Solidarity (LIBERTAD) Act of 1996 (22 U.S.C. 6023(4)).
    Sec. 132.  Notwithstanding paragraph (2) of section 402(c) of the 
Helping Families Save their Homes Act of 2009, in utilizing funds made 
available by paragraph (1) of section 402(c) of such Act, the Special 
Inspector General for the Troubled Asset Relief Program shall 
prioritize the performance of audits or investigations of any program 
that is funded in whole or in part by funds appropriated under the 
Emergency Economic Stabilization Act of 2008, to the extent that such 
priority is consistent with other aspects of the mission of the Special 
Inspector General.
    Sec. 133.  None of the funds appropriated or otherwise made 
available in this Act may be obligated or expended to provide for the 
enforcement of any rule, regulation, policy, or guideline implemented 
pursuant to the Department of the Treasury ``Guidance for United States 
Positions on MDBs Engaging with Developing Countries on Coal-Fired 
Power Generation'' dated October 29, 2013, when enforcement of such 
rule, regulation, policy, or guideline would prohibit or have the 
effect of prohibiting, the carrying out of any coal-fired or other 
power generation project the purpose of which is to increase exports of 
goods and services from the United States or prevent the loss of jobs 
from the United States.
    This title may be cited as the ``Department of the Treasury 
Appropriations Act, 2018''.

                                TITLE II

    EXECUTIVE OFFICE OF THE PRESIDENT AND FUNDS APPROPRIATED TO THE 
                               PRESIDENT

                            The White House

                         salaries and expenses

    For necessary expenses for the White House as authorized by law, 
including not to exceed $3,850,000 for services as authorized by 5 
U.S.C. 3109 and 3 U.S.C. 105; subsistence expenses as authorized by 3 
U.S.C. 105, which shall be expended and accounted for as provided in 
that section; hire of passenger motor vehicles, and travel (not to 
exceed $100,000 to be expended and accounted for as provided by 3 
U.S.C. 103); and not to exceed $19,000 for official reception and 
representation expenses, to be available for allocation within the 
Executive Office of the President; and for necessary expenses of the 
Office of Policy Development, including services as authorized by 5 
U.S.C. 3109 and 3 U.S.C. 107, $55,000,000.

                 Executive Residence at the White House

                           operating expenses

    For necessary expenses of the Executive Residence at the White 
House, $12,917,000, to be expended and accounted for as provided by 3 
U.S.C. 105, 109, 110, and 112-114.

                         reimbursable expenses

    For the reimbursable expenses of the Executive Residence at the 
White House, such sums as may be necessary:  Provided, That all 
reimbursable operating expenses of the Executive Residence shall be 
made in accordance with the provisions of this paragraph:  Provided 
further, That, notwithstanding any other provision of law, such amount 
for reimbursable operating expenses shall be the exclusive authority of 
the Executive Residence to incur obligations and to receive offsetting 
collections, for such expenses:  Provided further, That the Executive 
Residence shall require each person sponsoring a reimbursable political 
event to pay in advance an amount equal to the estimated cost of the 
event, and all such advance payments shall be credited to this account 
and remain available until expended:  Provided further, That the 
Executive Residence shall require the national committee of the 
political party of the President to maintain on deposit $25,000, to be 
separately accounted for and available for expenses relating to 
reimbursable political events sponsored by such committee during such 
fiscal year:  Provided further, That the Executive Residence shall 
ensure that a written notice of any amount owed for a reimbursable 
operating expense under this paragraph is submitted to the person owing 
such amount within 60 days after such expense is incurred, and that 
such amount is collected within 30 days after the submission of such 
notice:  Provided further, That the Executive Residence shall charge 
interest and assess penalties and other charges on any such amount that 
is not reimbursed within such 30 days, in accordance with the interest 
and penalty provisions applicable to an outstanding debt on a United 
States Government claim under 31 U.S.C. 3717:  Provided further, That 
each such amount that is reimbursed, and any accompanying interest and 
charges, shall be deposited in the Treasury as miscellaneous receipts:  
Provided further, That the Executive Residence shall prepare and submit 
to the Committees on Appropriations, by not later than 90 days after 
the end of the fiscal year covered by this Act, a report setting forth 
the reimbursable operating expenses of the Executive Residence during 
the preceding fiscal year, including the total amount of such expenses, 
the amount of such total that consists of reimbursable official and 
ceremonial events, the amount of such total that consists of 
reimbursable political events, and the portion of each such amount that 
has been reimbursed as of the date of the report:  Provided further, 
That the Executive Residence shall maintain a system for the tracking 
of expenses related to reimbursable events within the Executive 
Residence that includes a standard for the classification of any such 
expense as political or nonpolitical:  Provided further, That no 
provision of this paragraph may be construed to exempt the Executive 
Residence from any other applicable requirement of subchapter I or II 
of chapter 37 of title 31, United States Code.

                   White House Repair and Restoration

    For the repair, alteration, and improvement of the Executive 
Residence at the White House pursuant to 3 U.S.C. 105(d), $750,000, to 
remain available until expended, for required maintenance, resolution 
of safety and health issues, and continued preventative maintenance.

                      Council of Economic Advisers

                         salaries and expenses

    For necessary expenses of the Council of Economic Advisers in 
carrying out its functions under the Employment Act of 1946 (15 U.S.C. 
1021 et seq.), $4,187,000.

        National Security Council and Homeland Security Council

                         salaries and expenses

    For necessary expenses of the National Security Council and the 
Homeland Security Council, including services as authorized by 5 U.S.C. 
3109, $11,800,000.

                        Office of Administration

                         salaries and expenses

    For necessary expenses of the Office of Administration, including 
services as authorized by 5 U.S.C. 3109 and 3 U.S.C. 107, and hire of 
passenger motor vehicles, $100,000,000, of which not to exceed 
$12,800,000 shall remain available until expended for continued 
modernization of information resources within the Executive Office of 
the President.

                    Office of Management and Budget

                         salaries and expenses

    For necessary expenses of the Office of Management and Budget, 
including hire of passenger motor vehicles and services as authorized 
by 5 U.S.C. 3109, to carry out the provisions of chapter 35 of title 
44, United States Code, and to prepare and submit the budget of the 
United States Government, in accordance with section 1105(a) of title 
31, United States Code, $100,000,000, of which not to exceed $3,000 
shall be available for official representation expenses:  Provided, 
That none of the funds appropriated in this Act for the Office of 
Management and Budget may be used for the purpose of reviewing any 
agricultural marketing orders or any activities or regulations under 
the provisions of the Agricultural Marketing Agreement Act of 1937 (7 
U.S.C. 601 et seq.):  Provided further, That none of the funds made 
available for the Office of Management and Budget by this Act may be 
expended for the altering of the transcript of actual testimony of 
witnesses, except for testimony of officials of the Office of 
Management and Budget, before the Committees on Appropriations or their 
subcommittees:  Provided further, That of the funds made available for 
the Office of Management and Budget by this Act, no less than three 
full-time equivalent senior staff position shall be dedicated solely to 
the Office of the Intellectual Property Enforcement Coordinator:  
Provided further, That none of the funds provided in this or prior Acts 
shall be used, directly or indirectly, by the Office of Management and 
Budget, for evaluating or determining if water resource project or 
study reports submitted by the Chief of Engineers acting through the 
Secretary of the Army are in compliance with all applicable laws, 
regulations, and requirements relevant to the Civil Works water 
resource planning process:  Provided further, That the Office of 
Management and Budget shall have not more than 60 days in which to 
perform budgetary policy reviews of water resource matters on which the 
Chief of Engineers has reported:  Provided further, That the Director 
of the Office of Management and Budget shall notify the appropriate 
authorizing and appropriating committees when the 60-day review is 
initiated:  Provided further, That if water resource reports have not 
been transmitted to the appropriate authorizing and appropriating 
committees within 15 days after the end of the Office of Management and 
Budget review period based on the notification from the Director, 
Congress shall assume Office of Management and Budget concurrence with 
the report and act accordingly.

                 Office of National Drug Control Policy

                         salaries and expenses

    For necessary expenses of the Office of National Drug Control 
Policy; for research activities pursuant to the Office of National Drug 
Control Policy Reauthorization Act of 2006 (Public Law 109-469); not to 
exceed $10,000 for official reception and representation expenses; and 
for participation in joint projects or in the provision of services on 
matters of mutual interest with nonprofit, research, or public 
organizations or agencies, with or without reimbursement, $18,400,000:  
Provided, That the Office is authorized to accept, hold, administer, 
and utilize gifts, both real and personal, public and private, without 
fiscal year limitation, for the purpose of aiding or facilitating the 
work of the Office.

                     federal drug control programs

             high intensity drug trafficking areas program

                     (including transfers of funds)

    For necessary expenses of the Office of National Drug Control 
Policy's High Intensity Drug Trafficking Areas Program, $254,000,000, 
to remain available until September 30, 2019, for drug control 
activities consistent with the approved strategy for each of the 
designated High Intensity Drug Trafficking Areas (``HIDTAs''), of which 
not less than 51 percent shall be transferred to State and local 
entities for drug control activities and shall be obligated not later 
than 120 days after enactment of this Act:  Provided, That up to 49 
percent may be transferred to Federal agencies and departments in 
amounts determined by the Director of the Office of National Drug 
Control Policy, of which up to $2,700,000 may be used for auditing 
services and associated activities:  Provided further, That, 
notwithstanding the requirements of Public Law 106-58, any unexpended 
funds obligated prior to fiscal year 2016 may be used for any other 
approved activities of that HIDTA, subject to reprogramming 
requirements:  Provided further, That each HIDTA designated as of 
September 30, 2017, shall be funded at not less than the fiscal year 
2017 base level, unless the Director submits to the Committees on 
Appropriations of the House of Representatives and the Senate 
justification for changes to those levels based on clearly articulated 
priorities and published Office of National Drug Control Policy 
performance measures of effectiveness:  Provided further, That the 
Director shall notify the Committees on Appropriations of the initial 
allocation of fiscal year 2018 funding among HIDTAs not later than 45 
days after enactment of this Act, and shall notify the Committees of 
planned uses of discretionary HIDTA funding, as determined in 
consultation with the HIDTA Directors, not later than 90 days after 
enactment of this Act:  Provided further, That upon a determination 
that all or part of the funds so transferred from this appropriation 
are not necessary for the purposes provided herein and upon 
notification to the Committees on Appropriations of the House of 
Representatives and the Senate, such amounts may be transferred back to 
this appropriation.

                  other federal drug control programs

                     (including transfers of funds)

    For other drug control activities authorized by the Office of 
National Drug Control Policy Reauthorization Act of 2006 (Public Law 
109-469), $108,843,000, to remain available until expended, which shall 
be available as follows: $91,000,000 for the Drug-Free Communities 
Program, of which $2,000,000 shall be made available as directed by 
section 4 of Public Law 107-82, as amended by Public Law 109-469 (21 
U.S.C. 1521 note); $2,000,000 for drug court training and technical 
assistance; $9,500,000 for anti-doping activities; $2,343,000 for the 
United States membership dues to the World Anti-Doping Agency; 
$1,000,000 shall be made available as directed by section 1105 of 
Public Law 109-469; and $3,000,000, to remain available until expended, 
shall be for activities authorized by section 103 of Public Law 114-
198:  Provided, That amounts made available under this heading may be 
transferred to other Federal departments and agencies to carry out such 
activities.

                          Unanticipated Needs

    For expenses necessary to enable the President to meet 
unanticipated needs, in furtherance of the national interest, security, 
or defense which may arise at home or abroad during the current fiscal 
year, as authorized by 3 U.S.C. 108, $798,000, to remain available 
until September 30, 2019.

              Information Technology Oversight and Reform

                     (including transfer of funds)

    For necessary expenses for the furtherance of integrated, 
efficient, secure, and effective uses of information technology in the 
Federal Government, $20,000,000, to remain available until expended:  
Provided, That the Director of the Office of Management and Budget may 
transfer these funds to one or more other agencies to carry out 
projects to meet these purposes.

                  Special Assistance to the President

                         salaries and expenses

    For necessary expenses to enable the Vice President to provide 
assistance to the President in connection with specially assigned 
functions; services as authorized by 5 U.S.C. 3109 and 3 U.S.C. 106, 
including subsistence expenses as authorized by 3 U.S.C. 106, which 
shall be expended and accounted for as provided in that section; and 
hire of passenger motor vehicles, $4,288,000.

                Official Residence of the Vice President

                           operating expenses

                     (including transfer of funds)

    For the care, operation, refurnishing, improvement, and to the 
extent not otherwise provided for, heating and lighting, including 
electric power and fixtures, of the official residence of the Vice 
President; the hire of passenger motor vehicles; and not to exceed 
$90,000 pursuant to 3 U.S.C. 106(b)(2), $302,000:  Provided, That 
advances, repayments, or transfers from this appropriation may be made 
to any department or agency for expenses of carrying out such 
activities.

Administrative Provisions--Executive Office of the President and Funds 
                     Appropriated to the President

                     (including transfer of funds)

    Sec. 201.  From funds made available in this Act under the headings 
``The White House'', ``Executive Residence at the White House'', 
``White House Repair and Restoration'', ``Council of Economic 
Advisers'', ``National Security Council and Homeland Security 
Council'', ``Office of Administration'', ``Special Assistance to the 
President'', and ``Official Residence of the Vice President'', the 
Director of the Office of Management and Budget (or such other officer 
as the President may designate in writing), may, with advance approval 
of the Committees on Appropriations of the House of Representatives and 
the Senate, transfer not to exceed 10 percent of any such appropriation 
to any other such appropriation, to be merged with and available for 
the same time and for the same purposes as the appropriation to which 
transferred:  Provided, That the amount of an appropriation shall not 
be increased by more than 50 percent by such transfers:  Provided 
further, That no amount shall be transferred from ``Special Assistance 
to the President'' or ``Official Residence of the Vice President'' 
without the approval of the Vice President.
    Sec. 202.  Within 90 days after the date of enactment of this 
section, the Director of the Office of Management and Budget shall 
submit a report to the Committees on Appropriations of the House of 
Representatives and the Senate on the costs of implementing the Dodd-
Frank Wall Street Reform and Consumer Protection Act (Public Law 111-
203). Such report shall include--
            (1) the estimated mandatory and discretionary obligations 
        of funds through fiscal year 2019, by Federal agency and by 
        fiscal year, including--
                    (A) the estimated obligations by cost inputs such 
                as rent, information technology, contracts, and 
                personnel;
                    (B) the methodology and data sources used to 
                calculate such estimated obligations; and
                    (C) the specific section of such Act that requires 
                the obligation of funds; and
            (2) the estimated receipts through fiscal year 2019 from 
        assessments, user fees, and other fees by the Federal agency 
        making the collections, by fiscal year, including--
                    (A) the methodology and data sources used to 
                calculate such estimated collections; and
                    (B) the specific section of such Act that 
                authorizes the collection of funds.
    Sec. 203. (a) During fiscal year 2018, any Executive order or 
Presidential memorandum issued or revoked by the President shall be 
accompanied by a written statement from the Director of the Office of 
Management and Budget on the budgetary impact, including costs, 
benefits, and revenues, of such order or memorandum.
    (b) Any such statement shall include--
            (1) a narrative summary of the budgetary impact of such 
        order or memorandum on the Federal Government;
            (2) the impact on mandatory and discretionary obligations 
        and outlays as the result of such order or memorandum, listed 
        by Federal agency, for each year in the 5-fiscal-year period 
        beginning in fiscal year 2018; and
            (3) the impact on revenues of the Federal Government as the 
        result of such order or memorandum over the 5-fiscal-year 
        period beginning in fiscal year 2018.
    (c) If an Executive order or Presidential memorandum is issued 
during fiscal year 2018 due to a national emergency, the Director of 
the Office of Management and Budget may issue the statement required by 
subsection (a) not later than 15 days after the date that such order or 
memorandum is issued.
    (d) The requirement for cost estimates for Presidential memoranda 
shall only apply for Presidential memoranda estimated to have a 
regulatory cost in excess of $100,000,000.
    This title may be cited as the ``Executive Office of the President 
Appropriations Act, 2018''.

                               TITLE III

                             THE JUDICIARY

                   Supreme Court of the United States

                         salaries and expenses

    For expenses necessary for the operation of the Supreme Court, as 
required by law, excluding care of the building and grounds, including 
hire of passenger motor vehicles as authorized by 31 U.S.C. 1343 and 
1344; not to exceed $10,000 for official reception and representation 
expenses; and for miscellaneous expenses, to be expended as the Chief 
Justice may approve, $78,538,000, of which $1,500,000 shall remain 
available until expended.
    In addition, there are appropriated such sums as may be necessary 
under current law for the salaries of the chief justice and associate 
justices of the court.

                    care of the building and grounds

    For such expenditures as may be necessary to enable the Architect 
of the Capitol to carry out the duties imposed upon the Architect by 40 
U.S.C. 6111 and 6112, $15,000,000, to remain available until expended.

         United States Court of Appeals for the Federal Circuit

                         salaries and expenses

    For salaries of officers and employees, and for necessary expenses 
of the court, as authorized by law, $30,592,000.
    In addition, there are appropriated such sums as may be necessary 
under current law for the salaries of the chief judge and judges of the 
court.

               United States Court of International Trade

                         salaries and expenses

    For salaries of officers and employees of the court, services, and 
necessary expenses of the court, as authorized by law, $18,556,000.
    In addition, there are appropriated such sums as may be necessary 
under current law for the salaries of the chief judge and judges of the 
court.

    Courts of Appeals, District Courts, and Other Judicial Services

                         salaries and expenses

    For the salaries of judges of the United States Court of Federal 
Claims, magistrate judges, and all other officers and employees of the 
Federal Judiciary not otherwise specifically provided for, necessary 
expenses of the courts, and the purchase, rental, repair, and cleaning 
of uniforms for Probation and Pretrial Services Office staff, as 
authorized by law, $5,082,710,000 (including the purchase of firearms 
and ammunition); of which not to exceed $27,817,000 shall remain 
available until expended for space alteration projects and for 
furniture and furnishings related to new space alteration and 
construction projects.
    In addition, there are appropriated such sums as may be necessary 
under current law for the salaries of circuit and district judges 
(including judges of the territorial courts of the United States), 
bankruptcy judges, and justices and judges retired from office or from 
regular active service.
    In addition, for expenses of the United States Court of Federal 
Claims associated with processing cases under the National Childhood 
Vaccine Injury Act of 1986 (Public Law 99-660), not to exceed 
$7,366,000, to be appropriated from the Vaccine Injury Compensation 
Trust Fund.

                           defender services

    For the operation of Federal Defender organizations; the 
compensation and reimbursement of expenses of attorneys appointed to 
represent persons under 18 U.S.C. 3006A and 3599, and for the 
compensation and reimbursement of expenses of persons furnishing 
investigative, expert, and other services for such representations as 
authorized by law; the compensation (in accordance with the maximums 
under 18 U.S.C. 3006A) and reimbursement of expenses of attorneys 
appointed to assist the court in criminal cases where the defendant has 
waived representation by counsel; the compensation and reimbursement of 
expenses of attorneys appointed to represent jurors in civil actions 
for the protection of their employment, as authorized by 28 U.S.C. 
1875(d)(1); the compensation and reimbursement of expenses of attorneys 
appointed under 18 U.S.C. 983(b)(1) in connection with certain judicial 
civil forfeiture proceedings; the compensation and reimbursement of 
travel expenses of guardians ad litem appointed under 18 U.S.C. 
4100(b); and for necessary training and general administrative 
expenses, $1,110,375,000 to remain available until expended.

                    fees of jurors and commissioners

    For fees and expenses of jurors as authorized by 28 U.S.C. 1871 and 
1876; compensation of jury commissioners as authorized by 28 U.S.C. 
1863; and compensation of commissioners appointed in condemnation cases 
pursuant to rule 71.1(h) of the Federal Rules of Civil Procedure (28 
U.S.C. Appendix Rule 71.1(h)), $39,929,000, to remain available until 
expended:  Provided, That the compensation of land commissioners shall 
not exceed the daily equivalent of the highest rate payable under 5 
U.S.C. 5332.

                             court security

                     (including transfer of funds)

    For necessary expenses, not otherwise provided for, incident to the 
provision of protective guard services for United States courthouses 
and other facilities housing Federal court operations, and the 
procurement, installation, and maintenance of security systems and 
equipment for United States courthouses and other facilities housing 
Federal court operations, including building ingress-egress control, 
inspection of mail and packages, directed security patrols, perimeter 
security, basic security services provided by the Federal Protective 
Service, and other similar activities as authorized by section 1010 of 
the Judicial Improvement and Access to Justice Act (Public Law 100-
702), $574,593,000, of which not to exceed $20,000,000 shall remain 
available until expended, to be expended directly or transferred to the 
United States Marshals Service, which shall be responsible for 
administering the Judicial Facility Security Program consistent with 
standards or guidelines agreed to by the Director of the Administrative 
Office of the United States Courts and the Attorney General.

           Administrative Office of the United States Courts

                         salaries and expenses

    For necessary expenses of the Administrative Office of the United 
States Courts as authorized by law, including travel as authorized by 
31 U.S.C. 1345, hire of a passenger motor vehicle as authorized by 31 
U.S.C. 1343(b), advertising and rent in the District of Columbia and 
elsewhere, $87,920,000, of which not to exceed $8,500 is authorized for 
official reception and representation expenses.

                        Federal Judicial Center

                         salaries and expenses

    For necessary expenses of the Federal Judicial Center, as 
authorized by Public Law 90-219, $28,708,000; of which $1,800,000 shall 
remain available through September 30, 2019, to provide education and 
training to Federal court personnel; and of which not to exceed $1,500 
is authorized for official reception and representation expenses.

                  United States Sentencing Commission

                         salaries and expenses

    For the salaries and expenses necessary to carry out the provisions 
of chapter 58 of title 28, United States Code, $18,338,000, of which 
not to exceed $1,000 is authorized for official reception and 
representation expenses.

                Administrative Provisions--The Judiciary

                     (including transfer of funds)

    Sec. 301.  Appropriations and authorizations made in this title 
which are available for salaries and expenses shall be available for 
services as authorized by 5 U.S.C. 3109.
    Sec. 302.  Not to exceed 5 percent of any appropriation made 
available for the current fiscal year for the Judiciary in this Act may 
be transferred between such appropriations, but no such appropriation, 
except ``Courts of Appeals, District Courts, and Other Judicial 
Services, Defender Services'' and ``Courts of Appeals, District Courts, 
and Other Judicial Services, Fees of Jurors and Commissioners'', shall 
be increased by more than 10 percent by any such transfers:  Provided, 
That any transfer pursuant to this section shall be treated as a 
reprogramming of funds under sections 604 and 608 of this Act and shall 
not be available for obligation or expenditure except in compliance 
with the procedures set forth in section 608.
    Sec. 303.  Notwithstanding any other provision of law, the salaries 
and expenses appropriation for ``Courts of Appeals, District Courts, 
and Other Judicial Services'' shall be available for official reception 
and representation expenses of the Judicial Conference of the United 
States:  Provided, That such available funds shall not exceed $11,000 
and shall be administered by the Director of the Administrative Office 
of the United States Courts in the capacity as Secretary of the 
Judicial Conference.
    Sec. 304.  Section 3315(a) of title 40, United States Code, shall 
be applied by substituting ``Federal'' for ``executive'' each place it 
appears.
    Sec. 305.  In accordance with 28 U.S.C. 561-569, and 
notwithstanding any other provision of law, the United States Marshals 
Service shall provide, for such courthouses as its Director may 
designate in consultation with the Director of the Administrative 
Office of the United States Courts, for purposes of a pilot program, 
the security services that 40 U.S.C. 1315 authorizes the Department of 
Homeland Security to provide, except for the services specified in 40 
U.S.C. 1315(b)(2)(E). For building-specific security services at these 
courthouses, the Director of the Administrative Office of the United 
States Courts shall reimburse the United States Marshals Service rather 
than the Department of Homeland Security.
    Sec. 306. (a) Section 203(c) of the Judicial Improvements Act of 
1990 (Public Law 101-650; 28 U.S.C. 133 note), is amended in the second 
sentence (relating to the District of Kansas) following paragraph (12), 
by striking ``26 years and 6 months'' and inserting ``27 years and 6 
months''.
    (b) Section 406 of the Transportation, Treasury, Housing and Urban 
Development, the Judiciary, the District of Columbia, and Independent 
Agencies Appropriations Act, 2006 (Public Law 109-115; 119 Stat. 2470; 
28 U.S.C. 133 note) is amended in the second sentence (relating to the 
eastern District of Missouri) by striking ``24 years and 6 months'' and 
inserting ``25 years and 6 months''.
    (c) Section 312(c)(2) of the 21st Century Department of Justice 
Appropriations Authorization Act (Public Law 107-273; 28 U.S.C. 133 
note), is amended--
            (1) in the first sentence by inserting after ``except in 
        the case of'' the following: ``the northern district of 
        Alabama,'';
            (2) in the first sentence by inserting after ``the central 
        district of California'' the following: ``,'';
            (3) in the first sentence by striking ``15 years'' and 
        inserting ``16 years'';
            (4) by adding at the end of the first sentence the 
        following: ``The first vacancy in the office of district judge 
        in the district of Alabama occurring 15 years or more after the 
        confirmation date of the judge named to fill the temporary 
        district judgeship created in that district by this subsection, 
        shall not be filled.'';
            (5) in the third sentence (relating to the central District 
        of California), by striking ``14 years and 6 months'' and 
        inserting ``15 years and 6 months''; and
            (6) in the fourth sentence (relating to the western 
        district of North Carolina), by striking ``13 years'' and 
        inserting ``14 years''.
    Sec. 307. (a) Section 2(a)(2)(C)(i) of the Temporary Bankruptcy 
Judgeships Extension Act of 2012 (28 U.S.C. 152 note; Public Law 112-
121 as amended) is amended by striking ``6 years'' and inserting ``7 
years''.
    (b) Section 2(a)(2)(D)(i) of the Temporary Bankruptcy Judgeships 
Extension Act of 2012 (28 U.S.C. 152 note; Public Law 112-121 as 
amended) is amended by striking ``6 years'' and inserting ``7 years''.
    (c) Section 2(a)(2)(F)(i) of the Temporary Bankruptcy Judgeships 
Extension Act of 2012 (28 U.S.C. 152 note; Public Law 112-121 as 
amended) is amended by striking ``6 years'' and inserting ``7 years''.
    (d) Section 2(a)(2)(G)(i) of the Temporary Bankruptcy Judgeships 
Extension Act of 2012 (28 U.S.C. 152 note; Public Law 112-121 as 
amended) is amended by striking ``6 years'' and inserting ``7 years''.
    (e) Section 2(a)(2)(H)(i) of the Temporary Bankruptcy Judgeships 
Extension Act of 2012 (28 U.S.C. 152 note; Public Law 112-121 as 
amended) is amended by striking ``6 years'' and inserting ``7 years''.
    This title may be cited as the ``Judiciary Appropriations Act, 
2018''.

                                TITLE IV

                          DISTRICT OF COLUMBIA

                             Federal Funds

              federal payment for resident tuition support

    For a Federal payment to the District of Columbia, to be deposited 
into a dedicated account, for a nationwide program to be administered 
by the Mayor, for District of Columbia resident tuition support, 
$30,000,000, to remain available until expended:  Provided, That such 
funds, including any interest accrued thereon, may be used on behalf of 
eligible District of Columbia residents to pay an amount based upon the 
difference between in-State and out-of-State tuition at public 
institutions of higher education, or to pay up to $2,500 each year at 
eligible private institutions of higher education:  Provided further, 
That the awarding of such funds may be prioritized on the basis of a 
resident's academic merit, the income and need of eligible students and 
such other factors as may be authorized:  Provided further, That the 
District of Columbia government shall maintain a dedicated account for 
the Resident Tuition Support Program that shall consist of the Federal 
funds appropriated to the Program in this Act and any subsequent 
appropriations, any unobligated balances from prior fiscal years, and 
any interest earned in this or any fiscal year:  Provided further, That 
the account shall be under the control of the District of Columbia 
Chief Financial Officer, who shall use those funds solely for the 
purposes of carrying out the Resident Tuition Support Program:  
Provided further, That the Office of the Chief Financial Officer shall 
provide a quarterly financial report to the Committees on 
Appropriations of the House of Representatives and the Senate for these 
funds showing, by object class, the expenditures made and the purpose 
therefor.

   federal payment for emergency planning and security costs in the 
                          district of columbia

    For a Federal payment of necessary expenses, as determined by the 
Mayor of the District of Columbia in written consultation with the 
elected county or city officials of surrounding jurisdictions, 
$13,000,000, to remain available until expended, for the costs of 
providing public safety at events related to the presence of the 
National Capital in the District of Columbia, including support 
requested by the Director of the United States Secret Service in 
carrying out protective duties under the direction of the Secretary of 
Homeland Security, and for the costs of providing support to respond to 
immediate and specific terrorist threats or attacks in the District of 
Columbia or surrounding jurisdictions.

           federal payment to the district of columbia courts

    For salaries and expenses for the District of Columbia Courts, 
$265,400,000 to be allocated as follows: for the District of Columbia 
Court of Appeals, $14,000,000, of which not to exceed $2,500 is for 
official reception and representation expenses; for the Superior Court 
of the District of Columbia, $121,000,000, of which not to exceed 
$2,500 is for official reception and representation expenses; for the 
District of Columbia Court System, $71,500,000, of which not to exceed 
$2,500 is for official reception and representation expenses; and 
$58,900,000, to remain available until September 30, 2019, for capital 
improvements for District of Columbia courthouse facilities:  Provided, 
That funds made available for capital improvements shall be expended 
consistent with the District of Columbia Courts master plan study and 
facilities condition assessment:  Provided further, That 
notwithstanding any other provision of law, all amounts under this 
heading shall be apportioned quarterly by the Office of Management and 
Budget and obligated and expended in the same manner as funds 
appropriated for salaries and expenses of other Federal agencies:  
Provided further, That 30 days after providing written notice to the 
Committees on Appropriations of the House of Representatives and the 
Senate, the District of Columbia Courts may reallocate not more than 
$6,000,000 of the funds provided under this heading among the items and 
entities funded under this heading:  Provided further, That the Joint 
Committee on Judicial Administration in the District of Columbia may, 
by regulation, establish a program substantially similar to the program 
set forth in subchapter II of chapter 35 of title 5, United States 
Code, for employees of the District of Columbia Courts.

  federal payment for defender services in district of columbia courts

                     (including transfer of funds)

    For payments authorized under section 11-2604 and section 11-2605, 
D.C. Official Code (relating to representation provided under the 
District of Columbia Criminal Justice Act), payments for counsel 
appointed in proceedings in the Family Court of the Superior Court of 
the District of Columbia under chapter 23 of title 16, D.C. Official 
Code, or pursuant to contractual agreements to provide guardian ad 
litem representation, training, technical assistance, and such other 
services as are necessary to improve the quality of guardian ad litem 
representation, payments for counsel appointed in adoption proceedings 
under chapter 3 of title 16, D.C. Official Code, and payments 
authorized under section 21-2060, D.C. Official Code (relating to 
services provided under the District of Columbia Guardianship, 
Protective Proceedings, and Durable Power of Attorney Act of 1986), 
$49,890,000, to remain available until expended:  Provided, That not 
more than $20,000,000 in unobligated funds provided in this account may 
be transferred to and merged with funds made available under the 
heading "Federal Payment to the District of Columbia Courts," to be 
available for the same period and purposes as funds made available 
under that heading for capital improvements to District of Columbia 
courthouse facilities:  Provided, That funds provided under this 
heading shall be administered by the Joint Committee on Judicial 
Administration in the District of Columbia:  Provided further, That, 
notwithstanding any other provision of law, this appropriation shall be 
apportioned quarterly by the Office of Management and Budget and 
obligated and expended in the same manner as funds appropriated for 
expenses of other Federal agencies.

 federal payment to the court services and offender supervision agency 
                      for the district of columbia

    For salaries and expenses, including the transfer and hire of motor 
vehicles, of the Court Services and Offender Supervision Agency for the 
District of Columbia, as authorized by the National Capital 
Revitalization and Self-Government Improvement Act of 1997, 
$244,298,000, of which not to exceed $2,000 is for official reception 
and representation expenses related to Community Supervision and 
Pretrial Services Agency programs, of which not to exceed $25,000 is 
for dues and assessments relating to the implementation of the Court 
Services and Offender Supervision Agency Interstate Supervision Act of 
2002; of which $180,840,000 shall be for necessary expenses of 
Community Supervision and Sex Offender Registration, to include 
expenses relating to the supervision of adults subject to protection 
orders or the provision of services for or related to such persons; and 
of which $63,458,000 shall be available to the Pretrial Services 
Agency:  Provided, That notwithstanding any other provision of law, all 
amounts under this heading shall be apportioned quarterly by the Office 
of Management and Budget and obligated and expended in the same manner 
as funds appropriated for salaries and expenses of other Federal 
agencies:  Provided further, That amounts under this heading may be 
used for programmatic incentives for defendants to successfully 
complete their terms of supervision.

  federal payment to the district of columbia public defender service

    For salaries and expenses, including the transfer and hire of motor 
vehicles, of the District of Columbia Public Defender Service, as 
authorized by the National Capital Revitalization and Self-Government 
Improvement Act of 1997, $40,082,000:  Provided, That notwithstanding 
any other provision of law, all amounts under this heading shall be 
apportioned quarterly by the Office of Management and Budget and 
obligated and expended in the same manner as funds appropriated for 
salaries and expenses of Federal agencies.

      federal payment to the criminal justice coordinating council

    For a Federal payment to the Criminal Justice Coordinating Council, 
$1,900,000, to remain available until expended, to support initiatives 
related to the coordination of Federal and local criminal justice 
resources in the District of Columbia.

                federal payment for judicial commissions

    For a Federal payment, to remain available until September 30, 
2019, to the Commission on Judicial Disabilities and Tenure, $295,000, 
and for the Judicial Nomination Commission, $270,000.

                 federal payment for school improvement

    For a Federal payment for a school improvement program in the 
District of Columbia, $45,000,000, to remain available until expended, 
for payments authorized under the Scholarship for Opportunity and 
Results Act (division C of Public Law 112-10):  Provided, That, to the 
extent that funds are available for opportunity scholarships and 
following the priorities included in section 3006 of such Act, the 
Secretary of Education shall make scholarships available to students 
eligible under section 3013(3) of such Act (Public Law 112-10; 125 
Stat. 211) including students who were not offered a scholarship during 
any previous school year:  Provided further, That within funds provided 
for opportunity scholarships $3,200,000 shall be for the activities 
specified in sections 3007(b) through 3007(d) and 3009 of the Act.

      federal payment for the district of columbia national guard

    For a Federal payment to the District of Columbia National Guard, 
$435,000, to remain available until expended for the Major General 
David F. Wherley, Jr. District of Columbia National Guard Retention and 
College Access Program.

         federal payment for testing and treatment of hiv/aids

    For a Federal payment to the District of Columbia for the testing 
of individuals for, and the treatment of individuals with, human 
immunodeficiency virus and acquired immunodeficiency syndrome in the 
District of Columbia, $5,000,000.

                       District of Columbia Funds

    Local funds are appropriated for the District of Columbia for the 
current fiscal year out of the General Fund of the District of Columbia 
(``General Fund'') for programs and activities set forth under the 
heading ``Part A--Summary of Expenses'' and at the rate set forth under 
such heading, as included in D.C. Bill 22-242, as amended as of the 
date of the enactment of this Act:  Provided, That notwithstanding any 
other provision of law, except as provided in section 450A of the 
District of Columbia Home Rule Act (section 1-204.50a, D.C. Official 
Code), sections 816 and 817 of the Financial Services and General 
Government Appropriations Act, 2009 (secs. 47-369.01 and 47-369.02, 
D.C. Official Code), and provisions of this Act, the total amount 
appropriated in this Act for operating expenses for the District of 
Columbia for fiscal year 2018 under this heading shall not exceed the 
estimates included in D.C. Bill 22-242, as amended as of the date of 
the enactment of this Act, or the sum of the total revenues of the 
District of Columbia for such fiscal year:  Provided further, That the 
amount appropriated may be increased by proceeds of one-time 
transactions, which are expended for emergency or unanticipated 
operating or capital needs:  Provided further, That such increases 
shall be approved by enactment of local District law and shall comply 
with all reserve requirements contained in the District of Columbia 
Home Rule Act:  Provided further, That the Chief Financial Officer of 
the District of Columbia shall take such steps as are necessary to 
assure that the District of Columbia meets these requirements, 
including the apportioning by the Chief Financial Officer of the 
appropriations and funds made available to the District during fiscal 
year 2018, except that the Chief Financial Officer may not reprogram 
for operating expenses any funds derived from bonds, notes, or other 
obligations issued for capital projects.
    This title may be cited as the ``District of Columbia 
Appropriations Act, 2018''.

                                TITLE V

                          INDEPENDENT AGENCIES

             Administrative Conference of the United States

                         salaries and expenses

    For necessary expenses of the Administrative Conference of the 
United States, authorized by 5 U.S.C. 591 et seq., $3,100,000, to 
remain available until September 30, 2019, of which not to exceed 
$1,000 is for official reception and representation expenses.

                   Consumer Product Safety Commission

                         salaries and expenses

    For necessary expenses of the Consumer Product Safety Commission, 
including hire of passenger motor vehicles, services as authorized by 5 
U.S.C. 3109, but at rates for individuals not to exceed the per diem 
rate equivalent to the maximum rate payable under 5 U.S.C. 5376, 
purchase of nominal awards to recognize non-Federal officials' 
contributions to Commission activities, and not to exceed $4,000 for 
official reception and representation expenses, $123,000,000.

     administrative provisions--consumer product safety commission

    Sec. 501.  During fiscal year 2018, none of the amounts made 
available by this Act may be used to finalize or implement the Safety 
Standard for Recreational Off-Highway Vehicles published by the 
Consumer Product Safety Commission in the Federal Register on November 
19, 2014 (79 Fed. Reg. 68964) until after--
            (1) the National Academy of Sciences, in consultation with 
        the National Highway Traffic Safety Administration and the 
        Department of Defense, completes a study to determine--
                    (A) the technical validity of the lateral stability 
                and vehicle handling requirements proposed by such 
                standard for purposes of reducing the risk of 
                Recreational Off-Highway Vehicle (referred to in this 
                section as ``ROV'') rollovers in the off-road 
                environment, including the repeatability and 
                reproducibility of testing for compliance with such 
                requirements;
                    (B) the number of ROV rollovers that would be 
                prevented if the proposed requirements were adopted;
                    (C) whether there is a technical basis for the 
                proposal to provide information on a point-of-sale 
                hangtag about a ROV's rollover resistance on a 
                progressive scale; and
                    (D) the effect on the utility of ROVs used by the 
                United States military if the proposed requirements 
                were adopted; and
            (2) a report containing the results of the study completed 
        under paragraph (1) is delivered to--
                    (A) the Committee on Commerce, Science, and 
                Transportation of the Senate;
                    (B) the Committee on Energy and Commerce of the 
                House of Representatives;
                    (C) the Committee on Appropriations of the Senate; 
                and
                    (D) the Committee on Appropriations of the House of 
                Representatives.
    Sec. 502.  None of the funds appropriated by this Act may be used 
to finalize any rule by the Consumer Product Safety Commission relating 
to blade-contact injuries on table saws.

                     Election Assistance Commission

                         salaries and expenses

                     (including transfer of funds)

    For necessary expenses to carry out the Help America Vote Act of 
2002 (Public Law 107-252; 52 U.S.C. 20901 et seq.), $7,000,000, of 
which $1,500,000 shall be transferred to the National Institute of 
Standards and Technology for election reform activities authorized 
under such Act.

                   Federal Communications Commission

                         salaries and expenses

    For necessary expenses of the Federal Communications Commission, as 
authorized by law, including uniforms and allowances therefor, as 
authorized by 5 U.S.C. 5901-5902; not to exceed $4,000 for official 
reception and representation expenses; purchase and hire of motor 
vehicles; special counsel fees; and services as authorized by 5 U.S.C. 
3109, $322,035,000, to remain available until expended: Provided, That 
$322,035,000 of offsetting collections shall be assessed and collected 
pursuant to section 9 of title I of the Communications Act of 1934, 
shall be retained and used for necessary expenses and shall remain 
available until expended:  Provided further, That the sum herein 
appropriated shall be reduced as such offsetting collections are 
received during fiscal year 2018 so as to result in a final fiscal year 
2018 appropriation estimated at $0:  Provided further, That any 
offsetting collections received in excess of $322,035,000 in fiscal 
year 2018 shall not be available for obligation:  Provided further, 
That remaining offsetting collections from prior years collected in 
excess of the amount specified for collection in each such year and 
otherwise becoming available on October 1, 2017, shall not be available 
for obligation:  Provided further, That, notwithstanding 47 U.S.C. 
309(j)(8)(B), proceeds from the use of a competitive bidding system 
that may be retained and made available for obligation shall not exceed 
$111,150,000 for fiscal year 2018:  Provided further, That, of the 
amount appropriated under this heading, not less than $11,020,000 shall 
be for the salaries and expenses of the Office of Inspector General.

                 Federal Deposit Insurance Corporation

                    office of the inspector general

    For necessary expenses of the Office of Inspector General in 
carrying out the provisions of the Inspector General Act of 1978, 
$39,136,000, to be derived from the Deposit Insurance Fund or, only 
when appropriate, the FSLIC Resolution Fund.

                      Federal Election Commission

                         salaries and expenses

    For necessary expenses to carry out the provisions of the Federal 
Election Campaign Act of 1971, $71,250,000, of which not to exceed 
$5,000 shall be available for reception and representation expenses.

                   Federal Labor Relations Authority

                         salaries and expenses

    For necessary expenses to carry out functions of the Federal Labor 
Relations Authority, pursuant to Reorganization Plan Numbered 2 of 
1978, and the Civil Service Reform Act of 1978, $26,200,000, including 
services authorized by 5 U.S.C. 3109, and including hire of experts and 
consultants, hire of passenger motor vehicles, and rental of conference 
rooms in the District of Columbia and elsewhere; and of which not to 
exceed $1,500 shall be available for official reception and 
representation expenses:  Provided, That public members of the Federal 
Service Impasses Panel may be paid travel expenses and per diem in lieu 
of subsistence as authorized by law (5 U.S.C. 5703) for persons 
employed intermittently in the Government service, and compensation as 
authorized by 5 U.S.C. 3109:  Provided further, That, notwithstanding 
31 U.S.C. 3302, funds received from fees charged to non-Federal 
participants at labor-management relations conferences shall be 
credited to and merged with this account, to be available without 
further appropriation for the costs of carrying out these conferences.

                        Federal Trade Commission

                         salaries and expenses

    For necessary expenses of the Federal Trade Commission, including 
uniforms or allowances therefor, as authorized by 5 U.S.C. 5901-5902; 
services as authorized by 5 U.S.C. 3109; hire of passenger motor 
vehicles; and not to exceed $2,000 for official reception and 
representation expenses, $306,317,000, to remain available until 
expended:  Provided, That not to exceed $300,000 shall be available for 
use to contract with a person or persons for collection services in 
accordance with the terms of 31 U.S.C. 3718:  Provided further, That, 
notwithstanding any other provision of law, not to exceed $126,000,000 
of offsetting collections derived from fees collected for premerger 
notification filings under the Hart-Scott-Rodino Antitrust Improvements 
Act of 1976 (15 U.S.C. 18a), regardless of the year of collection, 
shall be retained and used for necessary expenses in this 
appropriation:  Provided further, That, notwithstanding any other 
provision of law, not to exceed $16,000,000 in offsetting collections 
derived from fees sufficient to implement and enforce the Telemarketing 
Sales Rule, promulgated under the Telemarketing and Consumer Fraud and 
Abuse Prevention Act (15 U.S.C. 6101 et seq.), shall be credited to 
this account, and be retained and used for necessary expenses in this 
appropriation:  Provided further, That the sum herein appropriated from 
the general fund shall be reduced as such offsetting collections are 
received during fiscal year 2018, so as to result in a final fiscal 
year 2018 appropriation from the general fund estimated at not more 
than $164,317,000:  Provided further, That none of the funds made 
available to the Federal Trade Commission may be used to implement 
subsection (e)(2)(B) of section 43 of the Federal Deposit Insurance Act 
(12 U.S.C. 1831t).

                    GENERAL SERVICES ADMINISTRATION

                        Real Property Activities

                         Federal Buildings Fund

                 Limitations on Availability of Revenue

                     (including transfer of funds)

    Amounts in the Fund, including revenues and collections deposited 
into the Fund, shall be available for necessary expenses of real 
property management and related activities not otherwise provided for, 
including operation, maintenance, and protection of federally owned and 
leased buildings; rental of buildings in the District of Columbia; 
restoration of leased premises; moving governmental agencies (including 
space adjustments and telecommunications relocation expenses) in 
connection with the assignment, allocation, and transfer of space; 
contractual services incident to cleaning or servicing buildings, and 
moving; repair and alteration of federally owned buildings, including 
grounds, approaches, and appurtenances; care and safeguarding of sites; 
maintenance, preservation, demolition, and equipment; acquisition of 
buildings and sites by purchase, condemnation, or as otherwise 
authorized by law; acquisition of options to purchase buildings and 
sites; conversion and extension of federally owned buildings; 
preliminary planning and design of projects by contract or otherwise; 
construction of new buildings (including equipment for such buildings); 
and payment of principal, interest, and any other obligations for 
public buildings acquired by installment purchase and purchase 
contract; in the aggregate amount of $7,864,111,000, of which--
            (1) $0 shall remain available until expended for 
        construction and acquisition (including funds for sites and 
        expenses, and associated design and construction services);
            (2) $180,000,000 shall remain available until expended for 
        repairs and alterations, including associated design and 
        construction services, of which--
                    (A) $0 is for Major Repairs and Alterations;
                    (B) $110,000,000 is for Basic Repairs and 
                Alterations;
                    (C) $70,000,000 is for Special Emphasis Programs of 
                which--
                            (i) $20,000,000 is for Judiciary Capital 
                        Security;
                            (ii) $30,000,000 is for Fire and Life 
                        Safety; and
                            (iii) $20,000,000 is for Consolidation 
                        Activities:  Provided, That consolidation 
                        projects result in reduced annual rent paid by 
                        the tenant agency:  Provided further, That no 
                        consolidation project exceed $10,000,000 in 
                        costs:  Provided further, That consolidation 
                        projects are approved by each of the committees 
                        specified in section 3307(a) of title 40, 
                        United States Code:  Provided further, That 
                        preference is given to consolidation projects 
                        that achieve a utilization rate of 130 usable 
                        square feet or less per person for office 
                        space:  Provided further, That the obligation 
                        of funds under this paragraph for consolidation 
                        activities may not be made until 10 days after 
                        a proposed spending plan and explanation for 
                        each project to be undertaken, including 
                        estimated savings, has been submitted to the 
                        Committees on Appropriations of the House of 
                        Representatives and the Senate:
                  Provided, That funds made available in this or any 
                previous Act in the Federal Buildings Fund for Repairs 
                and Alterations shall, for prospectus projects, be 
                limited to the amount identified for each project, 
                except each project in this or any previous Act may be 
                increased by an amount not to exceed 10 percent unless 
                advance approval is obtained from the Committees on 
                Appropriations of a greater amount:  Provided further, 
                That additional projects for which prospectuses have 
                been fully approved may be funded under this category 
                only if advance approval is obtained from the 
                Committees on Appropriations:  Provided further, That 
                the amounts provided in this or any prior Act for 
                ``Repairs and Alterations'' may be used to fund costs 
                associated with implementing security improvements to 
                buildings necessary to meet the minimum standards for 
                security in accordance with current law and in 
                compliance with the reprogramming guidelines of the 
                appropriate Committees of the House and Senate:  
                Provided further, That the difference between the funds 
                appropriated and expended on any projects in this or 
                any prior Act, under the heading ``Repairs and 
                Alterations'', may be transferred to Basic Repairs and 
                Alterations or used to fund authorized increases in 
                prospectus projects:  Provided further, That the amount 
                provided in this or any prior Act for Basic Repairs and 
                Alterations may be used to pay claims against the 
                Government arising from any projects under the heading 
                ``Repairs and Alterations'' or used to fund authorized 
                increases in prospectus projects;
            (3) $5,462,345,000 for rental of space to remain available 
        until expended; and
            (4) $2,221,766,000 for building operations to remain 
        available until expended, of which $1,146,089,000 is for 
        building services, and $1,075,677,000 is for salaries and 
        expenses:  Provided, That not to exceed 5 percent of any 
        appropriation made available under this paragraph for building 
        operations may be transferred between and merged with such 
        appropriations upon notification to the Committees on 
        Appropriations of the House of Representatives and the Senate, 
        but no such appropriation shall be increased by more than 5 
        percent by any such transfers:  Provided further, That section 
        521 of this title shall not apply with respect to funds made 
        available under this heading for building operations:  Provided 
        further, That the total amount of funds made available from 
        this Fund to the General Services Administration shall not be 
        available for expenses of any construction, repair, alteration 
        and acquisition project for which a prospectus, if required by 
        40 U.S.C. 3307(a), has not been approved, except that necessary 
        funds may be expended for each project for required expenses 
        for the development of a proposed prospectus:  Provided 
        further, That funds available in the Federal Buildings Fund may 
        be expended for emergency repairs when advance approval is 
        obtained from the Committees on Appropriations:  Provided 
        further, That amounts necessary to provide reimbursable special 
        services to other agencies under 40 U.S.C. 592(b)(2) and 
        amounts to provide such reimbursable fencing, lighting, guard 
        booths, and other facilities on private or other property not 
        in Government ownership or control as may be appropriate to 
        enable the United States Secret Service to perform its 
        protective functions pursuant to 18 U.S.C. 3056, shall be 
        available from such revenues and collections:  Provided 
        further, That revenues and collections and any other sums 
        accruing to this Fund during fiscal year 2018, excluding 
        reimbursements under 40 U.S.C. 592(b)(2), in excess of the 
        aggregate new obligational authority authorized for Real 
        Property Activities of the Federal Buildings Fund in this Act 
        shall remain in the Fund and shall not be available for 
        expenditure except as authorized in appropriations Acts.

                           General Activities

                         Government-wide Policy

    For expenses authorized by law, not otherwise provided for, for 
Government-wide policy and evaluation activities associated with the 
management of real and personal property assets and certain 
administrative services; Government-wide policy support 
responsibilities relating to acquisition, travel, motor vehicles, 
information technology management, and related technology activities; 
and services as authorized by 5 U.S.C. 3109; $53,499,000.

                           Operating Expenses

    For expenses authorized by law, not otherwise provided for, for 
Government-wide activities associated with utilization and donation of 
surplus personal property; disposal of real property; agency-wide 
policy direction, management, and communications; and services as 
authorized by 5 U.S.C. 3109; $45,645,000, of which $24,357,000 is for 
Real and Personal Property Management and Disposal; $21,288,000 is for 
the Office of the Administrator, of which not to exceed $7,500 is for 
official reception and representation expenses.

                   Civilian Board of Contract Appeals

    For expenses authorized by law, not otherwise provided for, for the 
activities associated with the Civilian Board of Contract Appeals, 
$8,795,000.

                      Office of Inspector General

    For necessary expenses of the Office of Inspector General and 
service authorized by 5 U.S.C. 3109, $65,000,000:  Provided, That not 
to exceed $50,000 shall be available for payment for information and 
detection of fraud against the Government, including payment for 
recovery of stolen Government property:  Provided further, That not to 
exceed $2,500 shall be available for awards to employees of other 
Federal agencies and private citizens in recognition of efforts and 
initiatives resulting in enhanced Office of Inspector General 
effectiveness.

           Allowances and Office Staff for Former Presidents

    For carrying out the provisions of the Act of August 25, 1958 (3 
U.S.C. 102 note), and Public Law 95-138, $4,754,000.

                     Federal Citizen Services Fund

                     (including Transfers of Funds)

    For necessary expenses of the Office of Products and Programs, 
including services authorized by 40 U.S.C. 323 and 44 U.S.C. 3604; and 
for necessary expenses in support of interagency projects that enable 
the Federal Government to enhance its ability to conduct activities 
electronically, through the development and implementation of 
innovative uses of information technology; $53,741,000, to be deposited 
into the Federal Citizen Services Fund:  Provided, That the previous 
amount may be transferred to Federal agencies to carry out the purpose 
of the Federal Citizen Services Fund:  Provided further, That the 
appropriations, revenues, reimbursements, and collections deposited 
into the Fund shall be available until expended for necessary expenses 
of Federal Citizen Services and other activities that enable the 
Federal Government to enhance its ability to conduct activities 
electronically: in the aggregate amount not to exceed $100,000,000:  
Provided further, That appropriations, revenues, reimbursements, and 
collections accruing to this Fund during fiscal year 2018 in excess of 
such amount shall remain in the Fund and shall not be available for 
expenditure except as authorized in appropriations Acts:  Provided 
further, That any appropriations provided to the Electronic Government 
Fund that remain unobligated may be transferred to the Federal Citizen 
Services Fund:  Provided further, That the transfer authorities 
provided herein shall be in addition to any other transfer authority 
provided in this Act.

                Asset Proceeds and Space Management Fund

    For carrying out the purposes of the Federal Assets Sale and 
Transfer Act of 2016 (Public Law 114-287), $10,000,000, to be deposited 
into the Asset Proceeds and Space Management Fund, to remain available 
until expended.

                 Environmental Review Improvement Fund

    For necessary expenses of the Environmental Review Improvement Fund 
established under section 41009(d) of the Fixing America's Surface 
Transportation Act (42 U.S.C. 4370m-8(d)), $1,000,000, to remain 
available until expended.

       Administrative Provisions--General Services Administration

              (including Rescission and Transfer of Funds)

    Sec. 510.  Funds available to the General Services Administration 
shall be available for the hire of passenger motor vehicles.
    Sec. 511.  Funds in the Federal Buildings Fund made available for 
fiscal year 2018 for Federal Buildings Fund activities may be 
transferred between such activities only to the extent necessary to 
meet program requirements:  Provided, That any proposed transfers shall 
be approved in advance by the Committees on Appropriations of the House 
of Representatives and the Senate.
    Sec. 512.  Except as otherwise provided in this title, funds made 
available by this Act shall be used to transmit a fiscal year 2019 
request for United States Courthouse construction only if the request: 
(1) meets the design guide standards for construction as established 
and approved by the General Services Administration, the Judicial 
Conference of the United States, and the Office of Management and 
Budget; (2) reflects the priorities of the Judicial Conference of the 
United States as set out in its approved Courthouse Project Priorities 
plan; and (3) includes a standardized courtroom utilization study of 
each facility to be constructed, replaced, or expanded.
    Sec. 513.  None of the funds provided in this Act may be used to 
increase the amount of occupiable square feet, provide cleaning 
services, security enhancements, or any other service usually provided 
through the Federal Buildings Fund, to any agency that does not pay the 
rate per square foot assessment for space and services as determined by 
the General Services Administration in consideration of the Public 
Buildings Amendments Act of 1972 (Public Law 92-313).
    Sec. 514.  From funds made available under the heading ``Federal 
Buildings Fund, Limitations on Availability of Revenue'', claims 
against the Government of less than $250,000 arising from direct 
construction projects and acquisition of buildings may be liquidated 
from savings effected in other construction projects with prior 
notification to the Committees on Appropriations of the House of 
Representatives and the Senate.
    Sec. 515.  In any case in which the Committee on Transportation and 
Infrastructure of the House of Representatives and the Committee on 
Environment and Public Works of the Senate adopt a resolution granting 
lease authority pursuant to a prospectus transmitted to Congress by the 
Administrator of the General Services Administration under 40 U.S.C. 
3307, the Administrator shall ensure that the delineated area of 
procurement is identical to the delineated area included in the 
prospectus for all lease agreements, except that, if the Administrator 
determines that the delineated area of the procurement should not be 
identical to the delineated area included in the prospectus, the 
Administrator shall provide an explanatory statement to each of such 
committees and the Committees on Appropriations of the House of 
Representatives and the Senate prior to exercising any lease authority 
provided in the resolution.
    Sec. 516.  With respect to each project funded under the heading 
``Major Repairs and Alterations'' or ``Judiciary Capital Security 
Program'', and with respect to E-Government projects funded under the 
heading ``Federal Citizen Services Fund'', the Administrator of General 
Services shall submit a spending plan and explanation for each project 
to be undertaken to the Committees on Appropriations of the House of 
Representatives and the Senate not later than 60 days after the date of 
enactment of this Act.
    Sec. 517.  Section 16 of the Federal Assets Sale and Transfer Act 
of 2016 (Public Law 114-287) is amended--
            (1) by inserting the following at the end of subparagraph 
        (a)(1): ``The Account shall be under the custody and control of 
        the Chairperson of the Board and deposits in the Account shall 
        remain available until expended.'';
            (2) by striking subparagraph (b)(1) and inserting in lieu 
        thereof the following: (1) ``ESTABLISHMENT. -- There is 
        established in the Treasury of the United States an account to 
        be known as the "Public Buildings Reform Board - Asset Proceeds 
        and Space Management Fund'' (in this subsection referred to as 
        the "Fund"). The Fund shall be under the custody and control of 
        the Administrator of General Services and deposits in the Fund 
        shall remain available until expended.
    Sec. 518.  The unobligated balance of amounts provided for National 
Capital Region, FBI Headquarters Consolidation, in paragraph (1)(A) 
under the heading ``General Services Administration--Federal Buildings 
Fund'' in division E of Public Law 115-31 is rescinded.
    Sec. 519.  The Administrator of General Services shall make 
available to the public on the website of the General Services 
Administration any draft environmental assessment--
            (1) prepared by the Administrator of General Services under 
        section 102(2)(C) of the National Environmental Policy Act of 
        1969 (42 U.S.C. 4332(2)(C)); and
            (2) for which the Administrator of General Services has 
        solicited public comment.

                 Harry S Truman Scholarship Foundation

                         salaries and expenses

    For payment to the Harry S Truman Scholarship Foundation Trust 
Fund, established by section 10 of Public Law 93-642, $1,000,000, to 
remain available until expended.

                     Merit Systems Protection Board

                         salaries and expenses

                     (including transfer of funds)

    For necessary expenses to carry out functions of the Merit Systems 
Protection Board pursuant to Reorganization Plan Numbered 2 of 1978, 
the Civil Service Reform Act of 1978, and the Whistleblower Protection 
Act of 1989 (5 U.S.C. 5509 note), including services as authorized by 5 
U.S.C. 3109, rental of conference rooms in the District of Columbia and 
elsewhere, hire of passenger motor vehicles, direct procurement of 
survey printing, and not to exceed $2,000 for official reception and 
representation expenses, $44,490,000, to remain available until 
September 30, 2019, and in addition not to exceed $2,345,000, to remain 
available until September 30, 2019, for administrative expenses to 
adjudicate retirement appeals to be transferred from the Civil Service 
Retirement and Disability Fund in amounts determined by the Merit 
Systems Protection Board.

              National Archives and Records Administration

                           operating expenses

    For necessary expenses in connection with the administration of the 
National Archives and Records Administration and archived Federal 
records and related activities, as provided by law, and for expenses 
necessary for the review and declassification of documents, the 
activities of the Public Interest Declassification Board, the 
operations and maintenance of the electronic records archives, the hire 
of passenger motor vehicles, and for uniforms or allowances therefor, 
as authorized by law (5 U.S.C. 5901), including maintenance, repairs, 
and cleaning, $364,308,000.

                      office of inspector general

    For necessary expenses of the Office of Inspector General in 
carrying out the provisions of the Inspector General Reform Act of 
2008, Public Law 110-409, 122 Stat. 4302-16 (2008), and the Inspector 
General Act of 1978 (5 U.S.C. App.), and for the hire of passenger 
motor vehicles, $4,241,000.

                        repairs and restoration

    For the repair, alteration, and improvement of archives facilities, 
and to provide adequate storage for holdings, $7,500,000, to remain 
available until expended.

        National Historical Publications and Records Commission

                             grants program

    For necessary expenses for allocations and grants for historical 
publications and records as authorized by 44 U.S.C. 2504, $4,000,000, 
to remain available until expended.

                  National Credit Union Administration

               community development revolving loan fund

    For the Community Development Revolving Loan Fund program as 
authorized by 42 U.S.C. 9812, 9822 and 9910, $2,000,000 shall be 
available until September 30, 2019, for technical assistance to low-
income designated credit unions.

                      Office of Government Ethics

                         salaries and expenses

    For necessary expenses to carry out functions of the Office of 
Government Ethics pursuant to the Ethics in Government Act of 1978, the 
Ethics Reform Act of 1989, and the Stop Trading on Congressional 
Knowledge Act of 2012, including services as authorized by 5 U.S.C. 
3109, rental of conference rooms in the District of Columbia and 
elsewhere, hire of passenger motor vehicles, and not to exceed $1,500 
for official reception and representation expenses, $16,439,000.

                     Office of Personnel Management

                         salaries and expenses

                  (including transfer of trust funds)

    For necessary expenses to carry out functions of the Office of 
Personnel Management (OPM) pursuant to Reorganization Plan Numbered 2 
of 1978 and the Civil Service Reform Act of 1978, including services as 
authorized by 5 U.S.C. 3109; medical examinations performed for 
veterans by private physicians on a fee basis; rental of conference 
rooms in the District of Columbia and elsewhere; hire of passenger 
motor vehicles; not to exceed $2,500 for official reception and 
representation expenses; advances for reimbursements to applicable 
funds of OPM and the Federal Bureau of Investigation for expenses 
incurred under Executive Order No. 10422 of January 9, 1953, as 
amended; and payment of per diem or subsistence allowances to employees 
where Voting Rights Act activities require an employee to remain 
overnight at his or her post of duty, $129,341,000: Provided, That of 
the total amount made available under this heading, $18,000,000 shall 
remain available until expended for information technology 
infrastructure modernization and Trust Fund Federal Financial System 
migration or modernization: Provided further, That the amount made 
available by the previous proviso may not be obligated until the 
Director of the Office of Personnel Management submits to the 
Committees on Appropriations of the Senate and the House of 
Representatives a plan for expenditure of such amount, prepared in 
consultation with the Director of the Office of Management and Budget, 
the Administrator of the United States Digital Service, and the 
Secretary of Homeland Security, that--
            (1) identifies the full scope and cost of the IT systems 
        remediation and stabilization project;
            (2) meets the capital planning and investment control 
        review requirements established by the Office of Management and 
        Budget, including Circular A-11;
            (3) includes a Major IT Business Case under the 
        requirements established by the Office of Management and Budget 
        Exhibit 300;
            (4) complies with the acquisition rules, requirements, 
        guidelines, and systems acquisition management practices of the 
        Government;
            (5) complies with all Office of Management and Budget, 
        Department of Homeland Security and National Institute of 
        Standards and Technology requirements related to securing the 
        agency's information system as described in 44 U.S.C. 3554; and
            (6) is reviewed and commented upon within 90 days of plan 
        development by the Inspector General of the Office of Personnel 
        Management, and such comments are submitted to the Director of 
        the Office of Personnel Management before the date of such 
        submission: 
 Provided further, That, not later than 6 months after the date of 
enactment of this Act, the Comptroller General shall submit to the 
Committees on Appropriations of the Senate and the House of 
Representatives a report that--
            
                    (A) evaluates--
                            (i) the steps taken by the Office of 
                        Personnel Management to prevent, mitigate, and 
                        respond to data breaches involving sensitive 
                        personnel records and information;
                            (ii) the Office's cybersecurity policies 
                        and procedures in place on the date of 
                        enactment of this Act, including policies and 
                        procedures relating to IT best practices such 
                        as data encryption, multifactor authentication, 
                        and continuous monitoring;
                            (iii) the Office's oversight of contractors 
                        providing IT services; and
                            (iv) the Office's compliance with 
                        government-wide initiatives to improve 
                        cybersecurity; and
                    (B) sets forth improvements that could be made to 
                assist the Office of Personnel Management in addressing 
                cybersecurity challenges:
 Provided further, That of the total amount made available under this 
heading, $584,000 may be made available for strengthening the capacity 
and capabilities of the acquisition workforce (as defined by the Office 
of Federal Procurement Policy Act, as amended (41 U.S.C. 4001 et 
seq.)), including the recruitment, hiring, training, and retention of 
such workforce and information technology in support of acquisition 
workforce effectiveness or for management solutions to improve 
acquisition management; and in addition $131,414,000 for administrative 
expenses, to be transferred from the appropriate trust funds of OPM 
without regard to other statutes, including direct procurement of 
printed materials, for the retirement and insurance programs: Provided 
further, That the provisions of this appropriation shall not affect the 
authority to use applicable trust funds as provided by sections 
8348(a)(1)(B), 8958(f)(2)(A), 8988(f)(2)(A), and 9004(f)(2)(A) of title 
5, United States Code: Provided further, That no part of this 
appropriation shall be available for salaries and expenses of the Legal 
Examining Unit of OPM established pursuant to Executive Order No. 9358 
of July 1, 1943, or any successor unit of like purpose: Provided 
further, That the President's Commission on White House Fellows, 
established by Executive Order No. 11183 of October 3, 1964, may, 
during fiscal year 2018, accept donations of money, property, and 
personal services: Provided further, That such donations, including 
those from prior years, may be used for the development of publicity 
materials to provide information about the White House Fellows, except 
that no such donations shall be accepted for travel or reimbursement of 
travel expenses, or for the salaries of employees of such Commission.

                      office of inspector general

                         salaries and expenses

                  (including transfer of trust funds)

    For necessary expenses of the Office of Inspector General in 
carrying out the provisions of the Inspector General Act of 1978, 
including services as authorized by 5 U.S.C. 3109, hire of passenger 
motor vehicles, $5,000,000, and in addition, not to exceed $25,000,000 
for administrative expenses to audit, investigate, and provide other 
oversight of the Office of Personnel Management's retirement and 
insurance programs, to be transferred from the appropriate trust funds 
of the Office of Personnel Management, as determined by the Inspector 
General:  Provided, That the Inspector General is authorized to rent 
conference rooms in the District of Columbia and elsewhere.

                       Office of Special Counsel

                         salaries and expenses

    For necessary expenses to carry out functions of the Office of 
Special Counsel pursuant to Reorganization Plan Numbered 2 of 1978, the 
Civil Service Reform Act of 1978 (Public Law 95-454), the Whistleblower 
Protection Act of 1989 (Public Law 101-12) as amended by Public Law 
107-304, the Whistleblower Protection Enhancement Act of 2012 (Public 
Law 112-199), and the Uniformed Services Employment and Reemployment 
Rights Act of 1994 (Public Law 103-353), including services as 
authorized by 5 U.S.C. 3109, payment of fees and expenses for 
witnesses, rental of conference rooms in the District of Columbia and 
elsewhere, and hire of passenger motor vehicles; $24,750,000.

                      Postal Regulatory Commission

                         salaries and expenses

                     (including transfer of funds)

    For necessary expenses of the Postal Regulatory Commission in 
carrying out the provisions of the Postal Accountability and 
Enhancement Act (Public Law 109-435), $15,200,000, to be derived by 
transfer from the Postal Service Fund and expended as authorized by 
section 603(a) of such Act.

              Privacy and Civil Liberties Oversight Board

                         salaries and expenses

    For necessary expenses of the Privacy and Civil Liberties Oversight 
Board, as authorized by section 1061 of the Intelligence Reform and 
Terrorism Prevention Act of 2004 (42 U.S.C. 2000ee), $8,000,000, to 
remain available until September 30, 2019.

                     Public Buildings Reform Board

                         salaries and expenses

    For salaries and expenses of the Public Buildings Reform Board in 
carrying out the Federal Assets Sale and Transfer Act of 2016 (Public 
Law 114-287), $5,000,000, to remain available until expended.

                   Securities and Exchange Commission

                         salaries and expenses

    For necessary expenses for the Securities and Exchange Commission, 
including services as authorized by 5 U.S.C. 3109, the rental of space 
(to include multiple year leases) in the District of Columbia and 
elsewhere, and not to exceed $3,500 for official reception and 
representation expenses, $1,652,000,000 to remain available until 
expended; of which funding for information technology initiatives shall 
be increased over the fiscal year 2017 level by not less than 
$50,000,000; of which not less than $14,748,358 shall be for the Office 
of Inspector General; of which not to exceed $75,000 shall be available 
for a permanent secretariat for the International Organization of 
Securities Commissions; of which not to exceed $100,000 shall be 
available for expenses for consultations and meetings hosted by the 
Commission with foreign governmental and other regulatory officials, 
members of their delegations and staffs to exchange views concerning 
securities matters, such expenses to include necessary logistic and 
administrative expenses and the expenses of Commission staff and 
foreign invitees in attendance including: (1) incidental expenses such 
as meals; (2) travel and transportation; and (3) related lodging or 
subsistence; and of which not less than $68,950,000 shall be for the 
Division of Economic and Risk Analysis: In addition, for costs 
associated with relocation under a replacement lease for the 
Commission's headquarters facilities, not to exceed $244,507,000, to 
remain available until September 30, 2019. For purposes of calculating 
the fee rate under section 31(j) of the Securities Exchange Act of 1934 
(15 U.S.C. 78ee(j)) for fiscal year 2018, all amounts appropriated 
under this heading shall be deemed to be the regular appropriation to 
the Commission for fiscal year 2018.  Provided, That fees and charges 
authorized by section 31 of the Securities Exchange Act of 1934 (15 
U.S.C. 78ee) shall be credited to this account as offsetting 
collections:  Provided further, That not to exceed $1,652,000,000 of 
such offsetting collections shall be available until expended for 
necessary expenses of this account and not to exceed $244,507,000 of 
such offsetting collections shall be available until September 30, 
2019, for costs under this heading associated with relocation under a 
replacement lease for the Commission's headquarters facilities:  
Provided further, That the total amount appropriated under this heading 
from the general fund for fiscal year 2018 shall be reduced as such 
offsetting fees are received so as to result in a final total fiscal 
year 2018 appropriation from the general fund estimated at not more 
than $0:  Provided further, That if any amount of the appropriation 
under this heading for costs associated with relocation under a 
replacement lease for the Commission's headquarters facilities is 
subsequently de-obligated on or before September 30, 2019, any such 
amount derived from the general fund shall be returned to the general 
fund, and any such amount derived from fees or assessments collected 
for such purpose shall be paid to each national securities exchange and 
national securities association, respectively, in proportion to any 
fees or assessments paid by such national securities exchange or 
national securities association under such section 31 in fiscal year 
2018.

                        Selective Service System

                         salaries and expenses

    For necessary expenses of the Selective Service System, including 
expenses of attendance at meetings and of training for uniformed 
personnel assigned to the Selective Service System, as authorized by 5 
U.S.C. 4101-4118 for civilian employees; hire of passenger motor 
vehicles; services as authorized by 5 U.S.C. 3109; and not to exceed 
$750 for official reception and representation expenses; $22,900,000:  
Provided, That during the current fiscal year, the President may exempt 
this appropriation from the provisions of 31 U.S.C. 1341, whenever the 
President deems such action to be necessary in the interest of national 
defense:  Provided further, That none of the funds appropriated by this 
Act may be expended for or in connection with the induction of any 
person into the Armed Forces of the United States.

                     Small Business Administration

                         salaries and expenses

    For necessary expenses, not otherwise provided for, of the Small 
Business Administration, including hire of passenger motor vehicles as 
authorized by sections 1343 and 1344 of title 31, United States Code, 
and not to exceed $3,500 for official reception and representation 
expenses, $265,000,000 of which not less than $12,000,000 shall be 
available for examinations, reviews, and other lender oversight 
activities:  Provided, That the Administrator is authorized to charge 
fees to cover the cost of publications developed by the Small Business 
Administration, and certain loan program activities, including fees 
authorized by section 5(b) of the Small Business Act:  Provided 
further, That, notwithstanding 31 U.S.C. 3302, revenues received from 
all such activities shall be credited to this account, to remain 
available until expended, for carrying out these purposes without 
further appropriations:  Provided further, That the Small Business 
Administration may accept gifts in an amount not to exceed $4,000,000 
and may co-sponsor activities, each in accordance with section 132(a) 
of division K of Public Law 108-447, during fiscal year 2018 :  
Provided further, That $6,100,000 shall be available for the Loan 
Modernization and Accounting System, to be available until September 
30, 2019.

                  entrepreneurial development programs

    For necessary expenses of programs supporting entrepreneurial and 
small business development, $211,100,000, to remain available until 
September 30, 2019 :  Provided, That $120,000,000 shall be available to 
fund grants for performance in fiscal year 2018 or fiscal year 2019 as 
authorized by section 21 of the Small Business Act:  Provided further, 
That $31,000,000 shall be for marketing, management, and technical 
assistance under section 7(m) of the Small Business Act (15 U.S.C. 
636(m)(4)) by intermediaries that make microloans under the microloan 
program:  Provided further, That $10,000,000 shall be available for 
grants to States to carry out export programs that assist small 
business concerns authorized under section 22(l) of the Small Business 
Act (15 U.S.C. 649(l)).

                      office of inspector general

    For necessary expenses of the Office of Inspector General in 
carrying out the provisions of the Inspector General Act of 1978, 
$19,900,000.

                           office of advocacy

    For necessary expenses of the Office of Advocacy in carrying out 
the provisions of title II of Public Law 94-305 (15 U.S.C. 634a et 
seq.) and the Regulatory Flexibility Act of 1980 (5 U.S.C. 601 et 
seq.), $9,120,000, to remain available until expended.

                     business loans program account

                     (including transfer of funds)

    For the cost of direct loans, $3,438,172, to remain available until 
expended:  Provided, That such costs, including the cost of modifying 
such loans, shall be as defined in section 502 of the Congressional 
Budget Act of 1974:  Provided further, That subject to section 502 of 
the Congressional Budget Act of 1974, during fiscal year 2018 
commitments to guarantee loans under section 503 of the Small Business 
Investment Act of 1958 shall not exceed $7,500,000,000:  Provided 
further, That during fiscal year 2018 commitments for general business 
loans authorized under section 7(a) of the Small Business Act shall not 
exceed $29,000,000,000 for a combination of amortizing term loans and 
the aggregated maximum line of credit provided by revolving loans:  
Provided further, That during fiscal year 2018 commitments for loans 
authorized under subparagraph (C) of section 502(7) of The Small 
Business Investment Act of 1958 (15 U.S.C. 696(7)) shall not exceed 
$7,500,000,000:  Provided further, That during fiscal year 2018 
commitments to guarantee loans for debentures under section 303(b) of 
the Small Business Investment Act of 1958 shall not exceed 
$4,000,000,000:  Provided further, That during fiscal year 2018, 
guarantees of trust certificates authorized by section 5(g) of the 
Small Business Act shall not exceed a principal amount of 
$12,000,000,000. In addition, for administrative expenses to carry out 
the direct and guaranteed loan programs, $152,782,000, which may be 
transferred to and merged with the appropriations for Salaries and 
Expenses.

                     disaster loans program account

                     (including transfers of funds)

    For administrative expenses to carry out the direct loan program 
authorized by section 7(b) of the Small Business Act, $186,458,000, to 
be available until expended, of which $1,000,000 is for the Office of 
Inspector General of the Small Business Administration for audits and 
reviews of disaster loans and the disaster loan programs and shall be 
transferred to and merged with the appropriations for the Office of 
Inspector General; of which $176,458,000 is for direct administrative 
expenses of loan making and servicing to carry out the direct loan 
program, which may be transferred to and merged with the appropriations 
for Salaries and Expenses; and of which $9,000,000 is for indirect 
administrative expenses for the direct loan program, which may be 
transferred to and merged with the appropriations for Salaries and 
Expenses.

        administrative provisions--small business administration

              (including rescission and transfer of funds)

    Sec. 520.  Not to exceed 5 percent of any appropriation made 
available for the current fiscal year for the Small Business 
Administration in this Act may be transferred between such 
appropriations, but no such appropriation shall be increased by more 
than 10 percent by any such transfers:  Provided, That any transfer 
pursuant to this paragraph shall be treated as a reprogramming of funds 
under section 608 of this Act and shall not be available for obligation 
or expenditure except in compliance with the procedures set forth in 
that section.
    Sec. 521.  Of the unobligated balances available for the Immediate 
Disaster Assistance Program authorized by section 42 of the Small 
Business Act (15 U.S.C. 657n) and the Expedited Disaster Assistance 
Loan Program authorized by section 12085 of Public Law 110-246, 
$2,600,000 are hereby permanently rescinded: Provided, That no amounts 
may be rescinded from amounts that were designated by the Congress as 
emergency requirements pursuant to a concurrent resolution on the 
budget or the Balanced Budget and Emergency Deficit Control Act of 
1985: Provided further, That no amounts may be rescinded from amounts 
that were designated by the Congress as being for disaster relief 
pursuant to section 251(b)(2)(D) of the Balanced Budget and Emergency 
Deficit Control Act of 1985.
    Sec. 522.  Section 7(m)(4)(E) of the Small Business Act (15 U.S.C. 
636(m)(4)(E)) is amended by striking ``25 percent'' each place such 
term appears and inserting ``50 percent''.

                      United States Postal Service

                   payment to the postal service fund

    For payment to the Postal Service Fund for revenue forgone on free 
and reduced rate mail, pursuant to subsections (c) and (d) of section 
2401 of title 39, United States Code, $58,118,000:  Provided, That mail 
for overseas voting and mail for the blind shall continue to be free:  
Provided further, That 6-day delivery and rural delivery of mail shall 
continue at not less than the 1983 level:  Provided further, That none 
of the funds made available to the Postal Service by this Act shall be 
used to implement any rule, regulation, or policy of charging any 
officer or employee of any State or local child support enforcement 
agency, or any individual participating in a State or local program of 
child support enforcement, a fee for information requested or provided 
concerning an address of a postal customer:  Provided further, That 
none of the funds provided in this Act shall be used to consolidate or 
close small rural and other small post offices.

                      office of inspector general

                         salaries and expenses

                     (including transfer of funds)

    For necessary expenses of the Office of Inspector General in 
carrying out the provisions of the Inspector General Act of 1978, 
$234,650,000, to be derived by transfer from the Postal Service Fund 
and expended as authorized by section 603(b)(3) of the Postal 
Accountability and Enhancement Act (Public Law 109-435).

                        United States Tax Court

                         salaries and expenses

    For necessary expenses, including contract reporting and other 
services as authorized by 5 U.S.C. 3109, $51,100,000, of which $500,000 
shall remain available until expended:  Provided, That travel expenses 
of the judges shall be paid upon the written certificate of the judge.

                                TITLE VI

                      GENERAL PROVISIONS--THIS ACT

                         (including rescission)

    Sec. 601.  None of the funds in this Act shall be used for the 
planning or execution of any program to pay the expenses of, or 
otherwise compensate, non-Federal parties intervening in regulatory or 
adjudicatory proceedings funded in this Act.
    Sec. 602.  None of the funds appropriated in this Act shall remain 
available for obligation beyond the current fiscal year, nor may any be 
transferred to other appropriations, unless expressly so provided 
herein.
    Sec. 603.  The expenditure of any appropriation under this Act for 
any consulting service through procurement contract pursuant to 5 
U.S.C. 3109, shall be limited to those contracts where such 
expenditures are a matter of public record and available for public 
inspection, except where otherwise provided under existing law, or 
under existing Executive order issued pursuant to existing law.
    Sec. 604.  None of the funds made available in this Act may be 
transferred to any department, agency, or instrumentality of the United 
States Government, except pursuant to a transfer made by, or transfer 
authority provided in, this Act or any other appropriations Act.
    Sec. 605.  None of the funds made available by this Act shall be 
available for any activity or for paying the salary of any Government 
employee where funding an activity or paying a salary to a Government 
employee would result in a decision, determination, rule, regulation, 
or policy that would prohibit the enforcement of section 307 of the 
Tariff Act of 1930 (19 U.S.C. 1307).
    Sec. 606.  No funds appropriated pursuant to this Act may be 
expended by an entity unless the entity agrees that in expending the 
assistance the entity will comply with chapter 83 of title 41, United 
States Code.
    Sec. 607.  No funds appropriated or otherwise made available under 
this Act shall be made available to any person or entity that has been 
convicted of violating chapter 83 of title 41, United States Code.
    Sec. 608.  Except as otherwise provided in this Act, none of the 
funds provided in this Act, provided by previous appropriations Acts to 
the agencies or entities funded in this Act that remain available for 
obligation or expenditure in fiscal year 2018, or provided from any 
accounts in the Treasury derived by the collection of fees and 
available to the agencies funded by this Act, shall be available for 
obligation or expenditure through a reprogramming of funds that: (1) 
creates a new program; (2) eliminates a program, project, or activity; 
(3) increases funds or personnel for any program, project, or activity 
for which funds have been denied or restricted by the Congress; (4) 
proposes to use funds directed for a specific activity by the Committee 
on Appropriations of either the House of Representatives or the Senate 
for a different purpose; (5) augments existing programs, projects, or 
activities in excess of $5,000,000 or 10 percent, whichever is less; 
(6) reduces existing programs, projects, or activities by $5,000,000 or 
10 percent, whichever is less; or (7) creates or reorganizes offices, 
programs, or activities unless prior approval is received from the 
Committees on Appropriations of the House of Representatives and the 
Senate:  Provided, That prior to any significant reorganization or 
restructuring of offices, programs, or activities, each agency or 
entity funded in this Act shall consult with the Committees on 
Appropriations of the House of Representatives and the Senate:  
Provided further, That not later than 60 days after the date of 
enactment of this Act, each agency funded by this Act shall submit a 
report to the Committees on Appropriations of the House of 
Representatives and the Senate to establish the baseline for 
application of reprogramming and transfer authorities for the current 
fiscal year:  Provided further, That at a minimum the report shall 
include: (1) a table for each appropriation with a separate column to 
display the President's budget request, adjustments made by Congress, 
adjustments due to enacted rescissions, if appropriate, and the fiscal 
year enacted level; (2) a delineation in the table for each 
appropriation both by object class and program, project, and activity 
as detailed in the budget appendix for the respective appropriation; 
and (3) an identification of items of special congressional interest:  
Provided further, That the amount appropriated or limited for salaries 
and expenses for an agency shall be reduced by $100,000 per day for 
each day after the required date that the report has not been submitted 
to the Congress.
    Sec. 609.  Except as otherwise specifically provided by law, not to 
exceed 50 percent of unobligated balances remaining available at the 
end of fiscal year 2018 from appropriations made available for salaries 
and expenses for fiscal year 2018 in this Act, shall remain available 
through September 30, 2019, for each such account for the purposes 
authorized:  Provided, That a request shall be submitted to the 
Committees on Appropriations of the House of Representatives and the 
Senate for approval prior to the expenditure of such funds:  Provided 
further, That these requests shall be made in compliance with 
reprogramming guidelines.
    Sec. 610. (a) None of the funds made available in this Act may be 
used by the Executive Office of the President to request--
            (1) any official background investigation report on any 
        individual from the Federal Bureau of Investigation; or
            (2) a determination with respect to the treatment of an 
        organization as described in section 501(c) of the Internal 
        Revenue Code of 1986 and exempt from taxation under section 
        501(a) of such Code from the Department of the Treasury or the 
        Internal Revenue Service.
    (b) Subsection (a) shall not apply--
            (1) in the case of an official background investigation 
        report, if such individual has given express written consent 
        for such request not more than 6 months prior to the date of 
        such request and during the same presidential administration; 
        or
            (2) if such request is required due to extraordinary 
        circumstances involving national security.
    Sec. 611.  The cost accounting standards promulgated under chapter 
15 of title 41, United States Code shall not apply with respect to a 
contract under the Federal Employees Health Benefits Program 
established under chapter 89 of title 5, United States Code.
    Sec. 612.  For the purpose of resolving litigation and implementing 
any settlement agreements regarding the nonforeign area cost-of-living 
allowance program, the Office of Personnel Management may accept and 
utilize (without regard to any restriction on unanticipated travel 
expenses imposed in an Appropriations Act) funds made available to the 
Office of Personnel Management pursuant to court approval.
    Sec. 613.  No funds appropriated by this Act shall be available to 
pay for an abortion, or the administrative expenses in connection with 
any health plan under the Federal employees health benefits program 
which provides any benefits or coverage for abortions.
    Sec. 614.  The provision of section 613 shall not apply where the 
life of the mother would be endangered if the fetus were carried to 
term, or the pregnancy is the result of an act of rape or incest.
    Sec. 615.  In order to promote Government access to commercial 
information technology, the restriction on purchasing nondomestic 
articles, materials, and supplies set forth in chapter 83 of title 41, 
United States Code (popularly known as the Buy American Act), shall not 
apply to the acquisition by the Federal Government of information 
technology (as defined in section 11101 of title 40, United States 
Code), that is a commercial item (as defined in section 103 of title 
41, United States Code).
    Sec. 616.  Notwithstanding section 1353 of title 31, United States 
Code, no officer or employee of any regulatory agency or commission 
funded by this Act may accept on behalf of that agency, nor may such 
agency or commission accept, payment or reimbursement from a non-
Federal entity for travel, subsistence, or related expenses for the 
purpose of enabling an officer or employee to attend and participate in 
any meeting or similar function relating to the official duties of the 
officer or employee when the entity offering payment or reimbursement 
is a person or entity subject to regulation by such agency or 
commission, or represents a person or entity subject to regulation by 
such agency or commission, unless the person or entity is an 
organization described in section 501(c)(3) of the Internal Revenue 
Code of 1986 and exempt from tax under section 501(a) of such Code.
    Sec. 617.  Notwithstanding section 708 of this Act, funds made 
available to the Commodity Futures Trading Commission and the 
Securities and Exchange Commission by this or any other Act may be used 
for the interagency funding and sponsorship of a joint advisory 
committee to advise on emerging regulatory issues.
    Sec. 618. (a)(1) Notwithstanding any other provision of law, an 
Executive agency covered by this Act otherwise authorized to enter into 
contracts for either leases or the construction or alteration of real 
property for office, meeting, storage, or other space must consult with 
the General Services Administration before issuing a solicitation for 
offers of new leases or construction contracts, and in the case of 
succeeding leases, before entering into negotiations with the current 
lessor.
    (2) Any such agency with authority to enter into an emergency lease 
may do so during any period declared by the President to require 
emergency leasing authority with respect to such agency.
    (b) For purposes of this section, the term ``Executive agency 
covered by this Act'' means any Executive agency provided funds by this 
Act, but does not include the General Services Administration or the 
United States Postal Service.
    Sec. 619. (a) There are appropriated for the following activities 
the amounts required under current law:
            (1) Compensation of the President (3 U.S.C. 102).
            (2) Payments to--
                    (A) the Judicial Officers' Retirement Fund (28 
                U.S.C. 377(o));
                    (B) the Judicial Survivors' Annuities Fund (28 
                U.S.C. 376(c)); and
                    (C) the United States Court of Federal Claims 
                Judges' Retirement Fund (28 U.S.C. 178(l)).
            (3) Payment of Government contributions--
                    (A) with respect to the health benefits of retired 
                employees, as authorized by chapter 89 of title 5, 
                United States Code, and the Retired Federal Employees 
                Health Benefits Act (74 Stat. 849); and
                    (B) with respect to the life insurance benefits for 
                employees retiring after December 31, 1989 (5 U.S.C. 
                ch. 87).
            (4) Payment to finance the unfunded liability of new and 
        increased annuity benefits under the Civil Service Retirement 
        and Disability Fund (5 U.S.C. 8348).
            (5) Payment of annuities authorized to be paid from the 
        Civil Service Retirement and Disability Fund by statutory 
        provisions other than subchapter III of chapter 83 or chapter 
        84 of title 5, United States Code.
    (b) Nothing in this section may be construed to exempt any amount 
appropriated by this section from any otherwise applicable limitation 
on the use of funds contained in this Act.
    Sec. 620.  In fiscal year 2018 and any fiscal year thereafter, none 
of the funds made available in this or any other Act may be used by the 
Federal Trade Commission to complete or publish the study, 
recommendations, or report prepared by the Interagency Working Group on 
Food Marketed to Children pursuant to the directive described on pages 
983 and 984 of the House Appropriations Committee Print of the 
explanatory statement accompanying the Omnibus Appropriations Act, 2009 
(Public Law 111-8).
    Sec. 621.  None of the funds in this Act may be used for the 
Director of the Office of Personnel Management to award a contract, 
enter an extension of, or exercise an option on a contract to a 
contractor conducting the final quality review processes for background 
investigation fieldwork services or background investigation support 
services that, as of the date of the award of the contract, are being 
conducted by that contractor.
    Sec. 622. (a) The head of each executive branch agency funded by 
this Act shall ensure that the Chief Information Officer of the agency 
has the authority to participate in decisions regarding the budget 
planning process related to information technology.
    (b) Amounts appropriated for any executive branch agency funded by 
this Act that are available for information technology shall be 
allocated within the agency, consistent with the provisions of 
appropriations Acts and budget guidelines and recommendations from the 
Director of the Office of Management and Budget, in such manner as 
specified by, or approved by, the Chief Information Officer of the 
agency in consultation with the Chief Financial Officer of the agency 
and budget officials.
    Sec. 623.  None of the funds made available in this Act may be used 
in contravention of chapter 29, 31, or 33 of title 44, United States 
Code.
    Sec. 624.  None of the funds made available in this Act may be used 
by a governmental entity to require the disclosure by a provider of 
electronic communication service to the public or remote computing 
service of the contents of a wire or electronic communication that is 
in electronic storage with the provider (as such terms are defined in 
sections 2510 and 2711 of title 18, United States Code) in a manner 
that violates the Fourth Amendment to the Constitution of the United 
States.
    Sec. 625.  No funds provided in this Act shall be used to deny an 
Inspector General funded under this Act timely access to any records, 
documents, or other materials available to the department or agency 
over which that Inspector General has responsibilities under the 
Inspector General Act of 1978, or to prevent or impede that Inspector 
General's access to such records, documents, or other materials, under 
any provision of law, except a provision of law that expressly refers 
to the Inspector General and expressly limits the Inspector General's 
right of access. A department or agency covered by this section shall 
provide its Inspector General with access to all such records, 
documents, and other materials in a timely manner. Each Inspector 
General shall ensure compliance with statutory limitations on 
disclosure relevant to the information provided by the establishment 
over which that Inspector General has responsibilities under the 
Inspector General Act of 1978. Each Inspector General covered by this 
section shall report to the Committees on Appropriations of the House 
of Representatives and the Senate within 5 calendar days any failures 
to comply with this requirement.
    Sec. 626. (a) None of the funds made available in this Act may be 
used to maintain or establish a computer network unless such network 
blocks the viewing, downloading, and exchanging of pornography.
    (b) Nothing in subsection (a) shall limit the use of funds 
necessary for any Federal, State, tribal, or local law enforcement 
agency or any other entity carrying out criminal investigations, 
prosecution, adjudication activities, or other law enforcement- or 
victim assistance-related activity.
    Sec. 627.  Section 633(a) of title VI of division E of the 
Consolidated Appropriations Act, 2017 (Public Law 115-31) is amended--
            (1) by inserting ``and'' at the end of paragraph (1);
            (2) by striking paragraph (2); and
            (3) by redesignating paragraph (3) as paragraph (2).
    Sec. 628.  The unobligated balance in the Securities and Exchange 
Commission Reserve Fund established by section 991 of the Dodd-Frank 
Wall Street Reform and Consumer Protection Act (Public Law 111-203) are 
permanently rescinded.
    Sec. 629.  None of the funds made available by this Act shall be 
used by the Securities and Exchange Commission to study, develop, 
propose, finalize, issue, or implement any rule, regulation, or order 
regarding the disclosure of political contributions to tax exempt 
organizations, or dues paid to trade associations.
    Sec. 630.  None of the funds made available by this Act may be used 
to enforce the requirements in section 316(b)(4)(D) of the Federal 
Election Campaign Act of 1971 (52 U.S.C. 30118(b)(4)(D)) that the 
solicitation of contributions from member corporations stockholders and 
executive or administrative personnel, and the families of such 
stockholders or personnel, by trade associations must be separately and 
specifically approved by the member corporation involved prior to such 
solicitation, and that such member corporation does not approve any 
such solicitation by more than one such trade association in any 
calendar year.
    Sec. 631. (1) None of the funds appropriated by this Act shall be 
available to pay for an abortion or the administrative expenses in 
connection with a multi-State qualified health plan offered under a 
contract under section 1334 of the Patient Protection and Affordable 
Care Act (42 U.S.C. 18054) which provides any benefits or coverage for 
abortions.
    (2) The provision of paragraph (1) shall not apply where the life 
of the mother would be endangered if the fetus were carried to term, or 
the pregnancy is the result of an act of rape or incest.
    Sec. 632.  None of the funds made available in this Act may be used 
by a governmental entity to require the disclosure by a provider of 
electronic communication service to the public or remote computing 
service of the contents of a wire or electronic communication that is 
in electronic storage with or otherwise stored, held, or maintained by 
that service unless the governmental entity obtains a warrant issued 
upon probable cause by a court of competent jurisdiction using the 
procedures described in the Federal Rules of Criminal Procedure.
    Sec. 633. (a) No funds made available by this Act shall be expended 
on any enforcement action that--
            (1) concerns a pyramid promotional scheme other than a 
        scheme described in subsection (b); and
            (2) begins after the date of enactment of this section.
    (b) The pyramid promotional scheme described in this subsection is 
any plan or operation in which individuals give consideration for the 
right to receive compensation that is primarily based upon recruiting 
other individuals into such plan or operation rather than related to 
the--
            (1) sale of products or services to ultimate users; or
            (2) consumption by ultimate users.
    (c) It is not evidence of a pyramid promotional scheme described in 
subsection (b) if participants in the plan or operation give 
consideration for the right to receive compensation based upon 
purchases of products or services by participants for personal use, 
consumption, or resale, as long as the plan or operation--
            (1) does not require inventory loading; and
            (2) implements a bona fide inventory repurchase agreement.
    (d) For purposes of this section--
            (1) the term ``bona fide inventory repurchase agreement'' 
        means a program by which a plan or operation--
                    (A) promises to repurchase, on commercially 
                reasonable terms, current and marketable inventory 
                purchased and maintained by a participant for use, 
                consumption, or resale, upon request at the termination 
                of the participant's business relationship with the 
                plan or operation; and
                    (B) clearly communicates such terms in its 
                recruiting literature, sales manual, or contracts with 
                participants, including the manner in which the 
                repurchase is to be exercised and disclosure of any 
                inventory not eligible for repurchase under the 
                program;
            (2) the term ``commercially reasonable terms'' means, with 
        respect to a repurchase of current and marketable inventory, a 
        repurchase within 12 months from the date of purchase at not 
        less than 90 percent of the original net cost to the 
        participant, less appropriate set-offs and legal claims, if 
        any;
            (3) the term ``inventory loading'' means a practice in 
        which a plan or operation--
                    (A) requires or encourages its participants to 
                purchase inventory in an amount exceeding that which 
                the participant can reasonably expect to use, consume, 
                or resell to ultimate users; and
                    (B) is not subject to a bona fide inventory 
                repurchase agreement; and
            (4) the term ``ultimate users'' means individuals who 
        consume or use the products or services, whether or not they 
        are participants in the plan or operation.

                               TITLE VII

                  GENERAL PROVISIONS--GOVERNMENT-WIDE

                Departments, Agencies, and Corporations

                     (including transfer of funds)

    Sec. 701.  No department, agency, or instrumentality of the United 
States receiving appropriated funds under this or any other Act for 
fiscal year 2018 shall obligate or expend any such funds, unless such 
department, agency, or instrumentality has in place, and will continue 
to administer in good faith, a written policy designed to ensure that 
all of its workplaces are free from the illegal use, possession, or 
distribution of controlled substances (as defined in the Controlled 
Substances Act (21 U.S.C. 802)) by the officers and employees of such 
department, agency, or instrumentality.
    Sec. 702.  Unless otherwise specifically provided, the maximum 
amount allowable during the current fiscal year in accordance with 
subsection 1343(c) of title 31, United States Code, for the purchase of 
any passenger motor vehicle (exclusive of buses, ambulances, law 
enforcement vehicles, protective vehicles, and undercover surveillance 
vehicles), is hereby fixed at $19,947 except station wagons for which 
the maximum shall be $19,997:  Provided, That these limits may be 
exceeded by not to exceed $7,250 for police-type vehicles:  Provided 
further, That the limits set forth in this section may not be exceeded 
by more than 5 percent for electric or hybrid vehicles purchased for 
demonstration under the provisions of the Electric and Hybrid Vehicle 
Research, Development, and Demonstration Act of 1976:  Provided 
further, That the limits set forth in this section may be exceeded by 
the incremental cost of clean alternative fuels vehicles acquired 
pursuant to Public Law 101-549 over the cost of comparable 
conventionally fueled vehicles:  Provided further, That the limits set 
forth in this section shall not apply to any vehicle that is a 
commercial item and which operates on alternative fuel, including but 
not limited to electric, plug-in hybrid electric, and hydrogen fuel 
cell vehicles.
    Sec. 703.  Appropriations of the executive departments and 
independent establishments for the current fiscal year available for 
expenses of travel, or for the expenses of the activity concerned, are 
hereby made available for quarters allowances and cost-of-living 
allowances, in accordance with 5 U.S.C. 5922-5924.
    Sec. 704.  Unless otherwise specified in law during the current 
fiscal year, no part of any appropriation contained in this or any 
other Act shall be used to pay the compensation of any officer or 
employee of the Government of the United States (including any agency 
the majority of the stock of which is owned by the Government of the 
United States) whose post of duty is in the continental United States 
unless such person: (1) is a citizen of the United States; (2) is a 
person who is lawfully admitted for permanent residence and is seeking 
citizenship as outlined in 8 U.S.C. 1324b(a)(3)(B); (3) is a person who 
is admitted as a refugee under 8 U.S.C. 1157 or is granted asylum under 
8 U.S.C. 1158 and has filed a declaration of intention to become a 
lawful permanent resident and then a citizen when eligible; or (4) is a 
person who owes allegiance to the United States:  Provided, That for 
purposes of this section, affidavits signed by any such person shall be 
considered prima facie evidence that the requirements of this section 
with respect to his or her status are being complied with:  Provided 
further, That for purposes of subsections (2) and (3) such affidavits 
shall be submitted prior to employment and updated thereafter as 
necessary:  Provided further, That any payment made to any officer or 
employee contrary to the provisions of this section shall be 
recoverable in action by the Federal Government:  Provided further, 
That this section shall not apply to any person who is an officer or 
employee of the Government of the United States on the date of 
enactment of this Act, or to international broadcasters employed by the 
Broadcasting Board of Governors, or to temporary employment of 
translators, or to temporary employment in the field service (not to 
exceed 60 days) as a result of emergencies:  Provided further, That 
this section does not apply to the employment as Wildland firefighters 
for not more than 120 days of nonresident aliens employed by the 
Department of the Interior or the USDA Forest Service pursuant to an 
agreement with another country.
    Sec. 705.  Appropriations available to any department or agency 
during the current fiscal year for necessary expenses, including 
maintenance or operating expenses, shall also be available for payment 
to the General Services Administration for charges for space and 
services and those expenses of renovation and alteration of buildings 
and facilities which constitute public improvements performed in 
accordance with the Public Buildings Act of 1959 (73 Stat. 479), the 
Public Buildings Amendments of 1972 (86 Stat. 216), or other applicable 
law.
    Sec. 706.  In addition to funds provided in this or any other Act, 
all Federal agencies are authorized to receive and use funds resulting 
from the sale of materials, including Federal records disposed of 
pursuant to a records schedule recovered through recycling or waste 
prevention programs. Such funds shall be available until expended for 
the following purposes:
            (1) Acquisition, waste reduction and prevention, and 
        recycling programs as described in Executive Order No. 13693 
        (March 19, 2015), including any such programs adopted prior to 
        the effective date of the Executive order.
            (2) Other Federal agency environmental management programs, 
        including, but not limited to, the development and 
        implementation of hazardous waste management and pollution 
        prevention programs.
            (3) Other employee programs as authorized by law or as 
        deemed appropriate by the head of the Federal agency.
    Sec. 707.  Funds made available by this or any other Act for 
administrative expenses in the current fiscal year of the corporations 
and agencies subject to chapter 91 of title 31, United States Code, 
shall be available, in addition to objects for which such funds are 
otherwise available, for rent in the District of Columbia; services in 
accordance with 5 U.S.C. 3109; and the objects specified under this 
head, all the provisions of which shall be applicable to the 
expenditure of such funds unless otherwise specified in the Act by 
which they are made available:  Provided, That in the event any 
functions budgeted as administrative expenses are subsequently 
transferred to or paid from other funds, the limitations on 
administrative expenses shall be correspondingly reduced.
    Sec. 708.  No part of any appropriation contained in this or any 
other Act shall be available for interagency financing of boards 
(except Federal Executive Boards), commissions, councils, committees, 
or similar groups (whether or not they are interagency entities) which 
do not have a prior and specific statutory approval to receive 
financial support from more than one agency or instrumentality.
    Sec. 709.  None of the funds made available pursuant to the 
provisions of this or any other Act shall be used to implement, 
administer, or enforce any regulation which has been disapproved 
pursuant to a joint resolution duly adopted in accordance with the 
applicable law of the United States.
    Sec. 710.  During the period in which the head of any department or 
agency, or any other officer or civilian employee of the Federal 
Government appointed by the President of the United States, holds 
office, no funds may be obligated or expended in excess of $5,000 to 
furnish or redecorate the office of such department head, agency head, 
officer, or employee, or to purchase furniture or make improvements for 
any such office, unless advance notice of such furnishing or 
redecoration is transmitted to the Committees on Appropriations of the 
House of Representatives and the Senate. For the purposes of this 
section, the term ``office'' shall include the entire suite of offices 
assigned to the individual, as well as any other space used primarily 
by the individual or the use of which is directly controlled by the 
individual.
    Sec. 711.  Notwithstanding 31 U.S.C. 1346, or section 708 of this 
Act, funds made available for the current fiscal year by this or any 
other Act shall be available for the interagency funding of national 
security and emergency preparedness telecommunications initiatives 
which benefit multiple Federal departments, agencies, or entities, as 
provided by Executive Order No. 13618 (July 6, 2012).
    Sec. 712. (a) None of the funds made available by this or any other 
Act may be obligated or expended by any department, agency, or other 
instrumentality of the Federal Government to pay the salaries or 
expenses of any individual appointed to a position of a confidential or 
policy-determining character that is excepted from the competitive 
service under section 3302 of title 5, United States Code, (pursuant to 
schedule C of subpart C of part 213 of title 5 of the Code of Federal 
Regulations) unless the head of the applicable department, agency, or 
other instrumentality employing such schedule C individual certifies to 
the Director of the Office of Personnel Management that the schedule C 
position occupied by the individual was not created solely or primarily 
in order to detail the individual to the White House.
    (b) The provisions of this section shall not apply to Federal 
employees or members of the Armed Forces detailed to or from an element 
of the intelligence community (as that term is defined under section 
3(4) of the National Security Act of 1947 (50 U.S.C. 3003(4))).
    Sec. 713.  No part of any appropriation contained in this or any 
other Act shall be available for the payment of the salary of any 
officer or employee of the Federal Government, who--
            (1) prohibits or prevents, or attempts or threatens to 
        prohibit or prevent, any other officer or employee of the 
        Federal Government from having any direct oral or written 
        communication or contact with any Member, committee, or 
        subcommittee of the Congress in connection with any matter 
        pertaining to the employment of such other officer or employee 
        or pertaining to the department or agency of such other officer 
        or employee in any way, irrespective of whether such 
        communication or contact is at the initiative of such other 
        officer or employee or in response to the request or inquiry of 
        such Member, committee, or subcommittee; or
            (2) removes, suspends from duty without pay, demotes, 
        reduces in rank, seniority, status, pay, or performance or 
        efficiency rating, denies promotion to, relocates, reassigns, 
        transfers, disciplines, or discriminates in regard to any 
        employment right, entitlement, or benefit, or any term or 
        condition of employment of, any other officer or employee of 
        the Federal Government, or attempts or threatens to commit any 
        of the foregoing actions with respect to such other officer or 
        employee, by reason of any communication or contact of such 
        other officer or employee with any Member, committee, or 
        subcommittee of the Congress as described in paragraph (1).
    Sec. 714. (a) None of the funds made available in this or any other 
Act may be obligated or expended for any employee training that--
            (1) does not meet identified needs for knowledge, skills, 
        and abilities bearing directly upon the performance of official 
        duties;
            (2) contains elements likely to induce high levels of 
        emotional response or psychological stress in some 
        participants;
            (3) does not require prior employee notification of the 
        content and methods to be used in the training and written end 
        of course evaluation;
            (4) contains any methods or content associated with 
        religious or quasi-religious belief systems or ``new age'' 
        belief systems as defined in Equal Employment Opportunity 
        Commission Notice N-915.022, dated September 2, 1988; or
            (5) is offensive to, or designed to change, participants' 
        personal values or lifestyle outside the workplace.
    (b) Nothing in this section shall prohibit, restrict, or otherwise 
preclude an agency from conducting training bearing directly upon the 
performance of official duties.
    Sec. 715.  No part of any funds appropriated in this or any other 
Act shall be used by an agency of the executive branch, other than for 
normal and recognized executive-legislative relationships, for 
publicity or propaganda purposes, and for the preparation, distribution 
or use of any kit, pamphlet, booklet, publication, radio, television, 
or film presentation designed to support or defeat legislation pending 
before the Congress, except in presentation to the Congress itself.
    Sec. 716.  None of the funds appropriated by this or any other Act 
may be used by an agency to provide a Federal employee's home address 
to any labor organization except when the employee has authorized such 
disclosure or when such disclosure has been ordered by a court of 
competent jurisdiction.
    Sec. 717.  None of the funds made available in this or any other 
Act may be used to provide any non-public information such as mailing, 
telephone or electronic mailing lists to any person or any organization 
outside of the Federal Government without the approval of the 
Committees on Appropriations of the House of Representatives and the 
Senate.
    Sec. 718.  No part of any appropriation contained in this or any 
other Act shall be used directly or indirectly, including by private 
contractor, for publicity or propaganda purposes within the United 
States not heretofore authorized by Congress.
    Sec. 719. (a) In this section, the term ``agency''--
            (1) means an Executive agency, as defined under 5 U.S.C. 
        105; and
            (2) includes a military department, as defined under 
        section 102 of such title, the United States Postal Service, 
        and the Postal Regulatory Commission.
    (b) Unless authorized in accordance with law or regulations to use 
such time for other purposes, an employee of an agency shall use 
official time in an honest effort to perform official duties. An 
employee not under a leave system, including a Presidential appointee 
exempted under 5 U.S.C. 6301(2), has an obligation to expend an honest 
effort and a reasonable proportion of such employee's time in the 
performance of official duties.
    Sec. 720.  Notwithstanding 31 U.S.C. 1346 and section 708 of this 
Act, funds made available for the current fiscal year by this or any 
other Act to any department or agency, which is a member of the Federal 
Accounting Standards Advisory Board (FASAB), shall be available to 
finance an appropriate share of FASAB administrative costs.
    Sec. 721.  Notwithstanding 31 U.S.C. 1346 and section 708 of this 
Act, the head of each Executive department and agency is hereby 
authorized to transfer to or reimburse ``General Services 
Administration, Government-wide Policy'' with the approval of the 
Director of the Office of Management and Budget, funds made available 
for the current fiscal year by this or any other Act, including rebates 
from charge card and other contracts:  Provided, That these funds shall 
be administered by the Administrator of General Services to support 
Government-wide and other multi-agency financial, information 
technology, procurement, and other management innovations, initiatives, 
and activities, including improving coordination and reducing 
duplication, as approved by the Director of the Office of Management 
and Budget, in consultation with the appropriate interagency and multi-
agency groups designated by the Director (including the President's 
Management Council for overall management improvement initiatives, the 
Chief Financial Officers Council for financial management initiatives, 
the Chief Information Officers Council for information technology 
initiatives, the Chief Human Capital Officers Council for human capital 
initiatives, the Chief Acquisition Officers Council for procurement 
initiatives, and the Performance Improvement Council for performance 
improvement initiatives):  Provided further, That the total funds 
transferred or reimbursed shall not exceed $15,000,000 to improve 
coordination, reduce duplication, and for other activities related to 
Federal Government Priority Goals established by 31 U.S.C. 1120, and 
not to exceed $17,000,000 for Government-Wide innovations, initiatives, 
and activities: Provided further, That the funds transferred to or for 
reimbursement of ``General Services Administration, Government-wide 
Policy'' during fiscal year 2018 shall remain available for obligation 
through September 30, 2019:  Provided further, That such transfers or 
reimbursements may only be made after 15 days following notification of 
the Committees on Appropriations of the House of Representatives and 
the Senate by the Director of the Office of Management and Budget.
    Sec. 722.  Notwithstanding any other provision of law, a woman may 
breastfeed her child at any location in a Federal building or on 
Federal property, if the woman and her child are otherwise authorized 
to be present at the location.
    Sec. 723.  Notwithstanding 31 U.S.C. 1346, or section 708 of this 
Act, funds made available for the current fiscal year by this or any 
other Act shall be available for the interagency funding of specific 
projects, workshops, studies, and similar efforts to carry out the 
purposes of the National Science and Technology Council (authorized by 
Executive Order No. 12881), which benefit multiple Federal departments, 
agencies, or entities:  Provided, That the Office of Management and 
Budget shall provide a report describing the budget of and resources 
connected with the National Science and Technology Council to the 
Committees on Appropriations, the House Committee on Science and 
Technology, and the Senate Committee on Commerce, Science, and 
Transportation 90 days after enactment of this Act.
    Sec. 724.  Any request for proposals, solicitation, grant 
application, form, notification, press release, or other publications 
involving the distribution of Federal funds shall comply with any 
relevant requirements in part 200 of title 2, Code of Federal 
Regulations:  Provided, That this section shall apply to direct 
payments, formula funds, and grants received by a State receiving 
Federal funds.
    Sec. 725. (a) Prohibition of Federal Agency Monitoring of 
Individuals' Internet Use.--None of the funds made available in this or 
any other Act may be used by any Federal agency--
            (1) to collect, review, or create any aggregation of data, 
        derived from any means, that includes any personally 
        identifiable information relating to an individual's access to 
        or use of any Federal Government Internet site of the agency; 
        or
            (2) to enter into any agreement with a third party 
        (including another government agency) to collect, review, or 
        obtain any aggregation of data, derived from any means, that 
        includes any personally identifiable information relating to an 
        individual's access to or use of any nongovernmental Internet 
        site.
    (b) Exceptions.--The limitations established in subsection (a) 
shall not apply to--
            (1) any record of aggregate data that does not identify 
        particular persons;
            (2) any voluntary submission of personally identifiable 
        information;
            (3) any action taken for law enforcement, regulatory, or 
        supervisory purposes, in accordance with applicable law; or
            (4) any action described in subsection (a)(1) that is a 
        system security action taken by the operator of an Internet 
        site and is necessarily incident to providing the Internet site 
        services or to protecting the rights or property of the 
        provider of the Internet site.
    (c) Definitions.--For the purposes of this section:
            (1) The term ``regulatory'' means agency actions to 
        implement, interpret or enforce authorities provided in law.
            (2) The term ``supervisory'' means examinations of the 
        agency's supervised institutions, including assessing safety 
        and soundness, overall financial condition, management 
        practices and policies and compliance with applicable standards 
        as provided in law.
    Sec. 726. (a) None of the funds appropriated by this Act may be 
used to enter into or renew a contract which includes a provision 
providing prescription drug coverage, except where the contract also 
includes a provision for contraceptive coverage.
    (b) Nothing in this section shall apply to a contract with--
            (1) any of the following religious plans:
                    (A) Personal Care's HMO; and
                    (B) OSF HealthPlans, Inc.; and
            (2) any existing or future plan, if the carrier for the 
        plan objects to such coverage on the basis of religious 
        beliefs.
    (c) In implementing this section, any plan that enters into or 
renews a contract under this section may not subject any individual to 
discrimination on the basis that the individual refuses to prescribe or 
otherwise provide for contraceptives because such activities would be 
contrary to the individual's religious beliefs or moral convictions.
    (d) Nothing in this section shall be construed to require coverage 
of abortion or abortion-related services.
    Sec. 727.  The United States is committed to ensuring the health of 
its Olympic, Pan American, and Paralympic athletes, and supports the 
strict adherence to anti-doping in sport through testing, adjudication, 
education, and research as performed by nationally recognized oversight 
authorities.
    Sec. 728.  Notwithstanding any other provision of law, funds 
appropriated for official travel to Federal departments and agencies 
may be used by such departments and agencies, if consistent with Office 
of Management and Budget Circular A; 126 regarding official travel for 
Government personnel, to participate in the fractional aircraft 
ownership pilot program.
    Sec. 729.  Notwithstanding any other provision of law, no executive 
branch agency shall purchase, construct, or lease any additional 
facilities, except within or contiguous to existing locations, to be 
used for the purpose of conducting Federal law enforcement training 
without the advance approval of the Committees on Appropriations of the 
House of Representatives and the Senate, except that the Federal Law 
Enforcement Training Center is authorized to obtain the temporary use 
of additional facilities by lease, contract, or other agreement for 
training which cannot be accommodated in existing Center facilities.
    Sec. 730.  Unless otherwise authorized by existing law, none of the 
funds provided in this or any other Act may be used by an executive 
branch agency to produce any prepackaged news story intended for 
broadcast or distribution in the United States, unless the story 
includes a clear notification within the text or audio of the 
prepackaged news story that the prepackaged news story was prepared or 
funded by that executive branch agency.
    Sec. 731.  None of the funds made available in this Act may be used 
in contravention of section 552a of title 5, United States Code 
(popularly known as the Privacy Act), and regulations implementing that 
section.
    Sec. 732. (a) In General.--None of the funds appropriated or 
otherwise made available by this or any other Act may be used for any 
Federal Government contract with any foreign incorporated entity which 
is treated as an inverted domestic corporation under section 835(b) of 
the Homeland Security Act of 2002 (6 U.S.C. 395(b)) or any subsidiary 
of such an entity.
    (b) Waivers.--
            (1) In general.--Any Secretary shall waive subsection (a) 
        with respect to any Federal Government contract under the 
        authority of such Secretary if the Secretary determines that 
        the waiver is required in the interest of national security.
            (2) Report to congress.--Any Secretary issuing a waiver 
        under paragraph (1) shall report such issuance to Congress.
    (c) Exception.--This section shall not apply to any Federal 
Government contract entered into before the date of the enactment of 
this Act, or to any task order issued pursuant to such contract.
    Sec. 733.  During fiscal year 2018, for each employee who--
            (1) retires under section 8336(d)(2) or 8414(b)(1)(B) of 
        title 5, United States Code; or
            (2) retires under any other provision of subchapter III of 
        chapter 83 or chapter 84 of such title 5 and receives a payment 
        as an incentive to separate, the separating agency shall remit 
        to the Civil Service Retirement and Disability Fund an amount 
        equal to the Office of Personnel Management's average unit cost 
        of processing a retirement claim for the preceding fiscal year. 
        Such amounts shall be available until expended to the Office of 
        Personnel Management and shall be deemed to be an 
        administrative expense under section 8348(a)(1)(B) of title 5, 
        United States Code.
    Sec. 734. (a) None of the funds made available in this or any other 
Act may be used to recommend or require any entity submitting an offer 
for a Federal contract to disclose any of the following information as 
a condition of submitting the offer:
            (1) Any payment consisting of a contribution, expenditure, 
        independent expenditure, or disbursement for an electioneering 
        communication that is made by the entity, its officers or 
        directors, or any of its affiliates or subsidiaries to a 
        candidate for election for Federal office or to a political 
        committee, or that is otherwise made with respect to any 
        election for Federal office.
            (2) Any disbursement of funds (other than a payment 
        described in paragraph (1)) made by the entity, its officers or 
        directors, or any of its affiliates or subsidiaries to any 
        person with the intent or the reasonable expectation that the 
        person will use the funds to make a payment described in 
        paragraph (1).
    (b) In this section, each of the terms ``contribution'', 
``expenditure'', ``independent expenditure'', ``electioneering 
communication'', ``candidate'', ``election'', and ``Federal office'' 
has the meaning given such term in the Federal Election Campaign Act of 
1971 (52 U.S.C. 30101 et seq.).
    Sec. 735.  None of the funds made available in this or any other 
Act may be used to pay for the painting of a portrait of an officer or 
employee of the Federal government, including the President, the Vice 
President, a member of Congress (including a Delegate or a Resident 
Commissioner to Congress), the head of an executive branch agency (as 
defined in section 133 of title 41, United States Code), or the head of 
an office of the legislative branch.
    Sec. 736. (a)(1) Notwithstanding any other provision of law, and 
except as otherwise provided in this section, no part of any of the 
funds appropriated for fiscal year 2018, by this or any other Act, may 
be used to pay any prevailing rate employee described in section 
5342(a)(2)(A) of title 5, United States Code--
            (A) during the period from the date of expiration of the 
        limitation imposed by the comparable section for the previous 
        fiscal years until the normal effective date of the applicable 
        wage survey adjustment that is to take effect in fiscal year 
        2018, in an amount that exceeds the rate payable for the 
        applicable grade and step of the applicable wage schedule in 
        accordance with such section; and
            (B) during the period consisting of the remainder of fiscal 
        year 2018 , in an amount that exceeds, as a result of a wage 
        survey adjustment, the rate payable under subparagraph (A) by 
        more than the sum of--
                    (i) the percentage adjustment taking effect in 
                fiscal year 2018 under section 5303 of title 5, United 
                States Code, in the rates of pay under the General 
                Schedule; and
                    (ii) the difference between the overall average 
                percentage of the locality-based comparability payments 
                taking effect in fiscal year 2018 under section 5304 of 
                such title (whether by adjustment or otherwise), and 
                the overall average percentage of such payments which 
                was effective in the previous fiscal year under such 
                section.
    (2) Notwithstanding any other provision of law, no prevailing rate 
employee described in subparagraph (B) or (C) of section 5342(a)(2) of 
title 5, United States Code, and no employee covered by section 5348 of 
such title, may be paid during the periods for which paragraph (1) is 
in effect at a rate that exceeds the rates that would be payable under 
paragraph (1) were paragraph (1) applicable to such employee.
    (3) For the purposes of this subsection, the rates payable to an 
employee who is covered by this subsection and who is paid from a 
schedule not in existence on September 30, 2017, shall be determined 
under regulations prescribed by the Office of Personnel Management.
    (4) Notwithstanding any other provision of law, rates of premium 
pay for employees subject to this subsection may not be changed from 
the rates in effect on September 30, 2017, except to the extent 
determined by the Office of Personnel Management to be consistent with 
the purpose of this subsection.
    (5) This subsection shall apply with respect to pay for service 
performed after September 30, 2017.
    (6) For the purpose of administering any provision of law 
(including any rule or regulation that provides premium pay, 
retirement, life insurance, or any other employee benefit) that 
requires any deduction or contribution, or that imposes any requirement 
or limitation on the basis of a rate of salary or basic pay, the rate 
of salary or basic pay payable after the application of this subsection 
shall be treated as the rate of salary or basic pay.
    (7) Nothing in this subsection shall be considered to permit or 
require the payment to any employee covered by this subsection at a 
rate in excess of the rate that would be payable were this subsection 
not in effect.
    (8) The Office of Personnel Management may provide for exceptions 
to the limitations imposed by this subsection if the Office determines 
that such exceptions are necessary to ensure the recruitment or 
retention of qualified employees.
    (b) Notwithstanding subsection (a), the adjustment in rates of 
basic pay for the statutory pay systems that take place in fiscal year 
2018 under sections 5344 and 5348 of title 5, United States Code, shall 
be--
            (1) not less than the percentage received by employees in 
        the same location whose rates of basic pay are adjusted 
        pursuant to the statutory pay systems under sections 5303 and 
        5304 of title 5, United States Code:  Provided, That prevailing 
        rate employees at locations where there are no employees whose 
        pay is increased pursuant to sections 5303 and 5304 of title 5, 
        United States Code, and prevailing rate employees described in 
        section 5343(a)(5) of title 5, United States Code, shall be 
        considered to be located in the pay locality designated as 
        ``Rest of United States'' pursuant to section 5304 of title 5, 
        United States Code, for purposes of this subsection; and
            (2) effective as of the first day of the first applicable 
        pay period beginning after September 30, 2017.
    Sec. 737. (a) The head of any Executive branch department, agency, 
board, commission, or office funded by this or any other appropriations 
Act shall submit annual reports to the Inspector General or senior 
ethics official for any entity without an Inspector General, regarding 
the costs and contracting procedures related to each conference held by 
any such department, agency, board, commission, or office during fiscal 
year 2018 for which the cost to the United States Government was more 
than $100,000.
    (b) Each report submitted shall include, for each conference 
described in subsection (a) held during the applicable period--
            (1) a description of its purpose;
            (2) the number of participants attending;
            (3) a detailed statement of the costs to the United States 
        Government, including--
                    (A) the cost of any food or beverages;
                    (B) the cost of any audio-visual services;
                    (C) the cost of employee or contractor travel to 
                and from the conference; and
                    (D) a discussion of the methodology used to 
                determine which costs relate to the conference; and
            (4) a description of the contracting procedures used 
        including--
                    (A) whether contracts were awarded on a competitive 
                basis; and
                    (B) a discussion of any cost comparison conducted 
                by the departmental component or office in evaluating 
                potential contractors for the conference.
    (c) Within 15 days after the end of a quarter, the head of any such 
department, agency, board, commission, or office shall notify the 
Inspector General or senior ethics official for any entity without an 
Inspector General, of the date, location, and number of employees 
attending a conference held by any Executive branch department, agency, 
board, commission, or office funded by this or any other appropriations 
Act during fiscal year 2018 for which the cost to the United States 
Government was more than $20,000.
    (d) A grant or contract funded by amounts appropriated by this or 
any other appropriations Act may not be used for the purpose of 
defraying the costs of a conference described in subsection (c) that is 
not directly and programmatically related to the purpose for which the 
grant or contract was awarded, such as a conference held in connection 
with planning, training, assessment, review, or other routine purposes 
related to a project funded by the grant or contract.
    (e) None of the funds made available in this or any other 
appropriations Act may be used for travel and conference activities 
that are not in compliance with Office of Management and Budget 
Memorandum M-12-12 dated May 11, 2012 or any subsequent revisions to 
that memorandum.
    Sec. 738.  None of the funds made available in this or any other 
appropriations Act may be used to increase, eliminate, or reduce 
funding for a program, project, or activity as proposed in the 
President's budget request for a fiscal year until such proposed change 
is subsequently enacted in an appropriation Act, or unless such change 
is made pursuant to the reprogramming or transfer provisions of this or 
any other appropriations Act.
    Sec. 739.  None of the funds made available by this or any other 
Act may be used to implement, administer, enforce, or apply the rule 
entitled ``Competitive Area'' published by the Office of Personnel 
Management in the Federal Register on April 15, 2008 (73 Fed. Reg. 
20180 et seq.).
    Sec. 740. (a) None of the funds appropriated or otherwise made 
available by this or any other Act may be available for a contract, 
grant, or cooperative agreement with an entity that requires employees 
or contractors of such entity seeking to report fraud, waste, or abuse 
to sign internal confidentiality agreements or statements prohibiting 
or otherwise restricting such employees or contractors from lawfully 
reporting such waste, fraud, or abuse to a designated investigative or 
law enforcement representative of a Federal department or agency 
authorized to receive such information.
    (b) The limitation in subsection (a) shall not contravene 
requirements applicable to Standard Form 312, Form 4414, or any other 
form issued by a Federal department or agency governing the 
nondisclosure of classified information.
    Sec. 741. (a) No funds appropriated in this or any other Act may be 
used to implement or enforce the agreements in Standard Forms 312 and 
4414 of the Government or any other nondisclosure policy, form, or 
agreement if such policy, form, or agreement does not contain the 
following provisions: ``These provisions are consistent with and do not 
supersede, conflict with, or otherwise alter the employee obligations, 
rights, or liabilities created by existing statute or Executive order 
relating to: (1) classified information; (2) communications to 
Congress; (3) the reporting to an Inspector General of a violation of 
any law, rule, or regulation, or mismanagement, a gross waste of funds, 
an abuse of authority, or a substantial and specific danger to public 
health or safety; or (4) any other whistleblower protection. The 
definitions, requirements, obligations, rights, sanctions, and 
liabilities created by controlling Executive orders and statutory 
provisions are incorporated into this agreement and are controlling.'': 
 Provided, That notwithstanding the preceding provision of this 
section, a nondisclosure policy form or agreement that is to be 
executed by a person connected with the conduct of an intelligence or 
intelligence-related activity, other than an employee or officer of the 
United States Government, may contain provisions appropriate to the 
particular activity for which such document is to be used. Such form or 
agreement shall, at a minimum, require that the person will not 
disclose any classified information received in the course of such 
activity unless specifically authorized to do so by the United States 
Government. Such nondisclosure forms shall also make it clear that they 
do not bar disclosures to Congress, or to an authorized official of an 
executive agency or the Department of Justice, that are essential to 
reporting a substantial violation of law.
    (b) A nondisclosure agreement may continue to be implemented and 
enforced notwithstanding subsection (a) if it complies with the 
requirements for such agreement that were in effect when the agreement 
was entered into.
    (c) No funds appropriated in this or any other Act may be used to 
implement or enforce any agreement entered into during fiscal year 2014 
which does not contain substantially similar language to that required 
in subsection (a).
    Sec. 742.  None of the funds made available by this or any other 
Act may be used to enter into a contract, memorandum of understanding, 
or cooperative agreement with, make a grant to, or provide a loan or 
loan guarantee to, any corporation that has any unpaid Federal tax 
liability that has been assessed, for which all judicial and 
administrative remedies have been exhausted or have lapsed, and that is 
not being paid in a timely manner pursuant to an agreement with the 
authority responsible for collecting the tax liability, where the 
awarding agency is aware of the unpaid tax liability, unless a Federal 
agency has considered suspension or debarment of the corporation and 
has made a determination that this further action is not necessary to 
protect the interests of the Government.
    Sec. 743.  None of the funds made available by this or any other 
Act may be used to enter into a contract, memorandum of understanding, 
or cooperative agreement with, make a grant to, or provide a loan or 
loan guarantee to, any corporation that was convicted of a felony 
criminal violation under any Federal law within the preceding 24 
months, where the awarding agency is aware of the conviction, unless a 
Federal agency has considered suspension or debarment of the 
corporation and has made a determination that this further action is 
not necessary to protect the interests of the Government.
    Sec. 744. (a) During fiscal year 2018, on the date on which a 
request is made for a transfer of funds in accordance with section 1017 
of Public Law 111-203, the Bureau of Consumer Financial Protection 
shall notify the Committees on Appropriations of the House of 
Representatives and the Senate, the Committee on Financial Services of 
the House of Representatives, and the Committee on Banking, Housing, 
and Urban Affairs of the Senate of such request.
    (b) Any notification required by this section shall be made 
available on the Bureau's public Web site.
    Sec. 745.  None of the funds made available under this or any other 
Act may be used to implement or enforce Executive Order No. 13690, 
``Establishing a Federal Flood Risk Management Standard and a Process 
for Further Soliciting and Considering Stakeholder Input'', including 
any related rules, interim final rules, or guidance.
    Sec. 746.  Notwithstanding any other provision of law or 
regulation, an alien who is authorized to be employed in the United 
States pursuant to the Deferred Action for Childhood Arrivals program 
established under the memorandum of the Secretary of Homeland Security 
dated June 15, 2012, shall be eligible for employment by the Government 
(including any entity the majority of the stock of which is owned by 
the Government).
    Sec. 747.  Except as expressly provided otherwise, any reference to 
``this Act'' contained in any title other than title IV or VIII shall 
not apply to such title IV or VIII.

                               TITLE VIII

                GENERAL PROVISIONS--DISTRICT OF COLUMBIA

                     (including transfers of funds)

    Sec. 801.  There are appropriated from the applicable funds of the 
District of Columbia such sums as may be necessary for making refunds 
and for the payment of legal settlements or judgments that have been 
entered against the District of Columbia government.
    Sec. 802.  None of the Federal funds provided in this Act shall be 
used for publicity or propaganda purposes or implementation of any 
policy including boycott designed to support or defeat legislation 
pending before Congress or any State legislature.
    Sec. 803. (a) None of the Federal funds provided under this Act to 
the agencies funded by this Act, both Federal and District government 
agencies, that remain available for obligation or expenditure in fiscal 
year 2018, or provided from any accounts in the Treasury of the United 
States derived by the collection of fees available to the agencies 
funded by this Act, shall be available for obligation or expenditures 
for an agency through a reprogramming of funds which--
            (1) creates new programs;
            (2) eliminates a program, project, or responsibility 
        center;
            (3) establishes or changes allocations specifically denied, 
        limited or increased under this Act;
            (4) increases funds or personnel by any means for any 
        program, project, or responsibility center for which funds have 
        been denied or restricted;
            (5) re-establishes any program or project previously 
        deferred through reprogramming;
            (6) augments any existing program, project, or 
        responsibility center through a reprogramming of funds in 
        excess of $3,000,000 or 10 percent, whichever is less; or
            (7) increases by 20 percent or more personnel assigned to a 
        specific program, project or responsibility center,
unless prior approval is received from the Committees on Appropriations 
of the House of Representatives and the Senate.
    (b) The District of Columbia government is authorized to approve 
and execute reprogramming and transfer requests of local funds under 
this title through November 7, 2018.
    Sec. 804.  None of the Federal funds provided in this Act may be 
used by the District of Columbia to provide for salaries, expenses, or 
other costs associated with the offices of United States Senator or 
United States Representative under section 4(d) of the District of 
Columbia Statehood Constitutional Convention Initiatives of 1979 (D.C. 
Law 3-171; D.C. Official Code, sec. 1-123).
    Sec. 805.  Except as otherwise provided in this section, none of 
the funds made available by this Act or by any other Act may be used to 
provide any officer or employee of the District of Columbia with an 
official vehicle unless the officer or employee uses the vehicle only 
in the performance of the officer's or employee's official duties. For 
purposes of this section, the term ``official duties'' does not include 
travel between the officer's or employee's residence and workplace, 
except in the case of--
            (1) an officer or employee of the Metropolitan Police 
        Department who resides in the District of Columbia or is 
        otherwise designated by the Chief of the Department;
            (2) at the discretion of the Fire Chief, an officer or 
        employee of the District of Columbia Fire and Emergency Medical 
        Services Department who resides in the District of Columbia and 
        is on call 24 hours a day;
            (3) at the discretion of the Director of the Department of 
        Corrections, an officer or employee of the District of Columbia 
        Department of Corrections who resides in the District of 
        Columbia and is on call 24 hours a day;
            (4) at the discretion of the Chief Medical Examiner, an 
        officer or employee of the Office of the Chief Medical Examiner 
        who resides in the District of Columbia and is on call 24 hours 
        a day;
            (5) at the discretion of the Director of the Homeland 
        Security and Emergency Management Agency, an officer or 
        employee of the Homeland Security and Emergency Management 
        Agency who resides in the District of Columbia and is on call 
        24 hours a day;
            (6) the Mayor of the District of Columbia; and
            (7) the Chairman of the Council of the District of 
        Columbia.
    Sec. 806. (a) None of the Federal funds contained in this Act may 
be used by the District of Columbia Attorney General or any other 
officer or entity of the District government to provide assistance for 
any petition drive or civil action which seeks to require Congress to 
provide for voting representation in Congress for the District of 
Columbia.
    (b) Nothing in this section bars the District of Columbia Attorney 
General from reviewing or commenting on briefs in private lawsuits, or 
from consulting with officials of the District government regarding 
such lawsuits.
    Sec. 807.  None of the Federal funds contained in this Act may be 
used to distribute any needle or syringe for the purpose of preventing 
the spread of blood borne pathogens in any location that has been 
determined by the local public health or local law enforcement 
authorities to be inappropriate for such distribution.
    Sec. 808.  Nothing in this Act may be construed to prevent the 
Council or Mayor of the District of Columbia from addressing the issue 
of the provision of contraceptive coverage by health insurance plans, 
but it is the intent of Congress that any legislation enacted on such 
issue should include a ``conscience clause'' which provides exceptions 
for religious beliefs and moral convictions.
    Sec. 809. (a) None of the Federal funds contained in this Act may 
be used to enact or carry out any law, rule, or regulation to legalize 
or otherwise reduce penalties associated with the possession, use, or 
distribution of any schedule I substance under the Controlled 
Substances Act (21 U.S.C. 801 et seq.) or any tetrahydrocannabinols 
derivative.
    (b) No funds available for obligation or expenditure by the 
District of Columbia government under any authority may be used to 
enact any law, rule, or regulation to legalize or otherwise reduce 
penalties associated with the possession, use, or distribution of any 
schedule I substance under the Controlled Substances Act (21 U.S.C. 801 
et seq.) or any tetrahydrocannabinols derivative for recreational 
purposes.
    Sec. 810.  No funds available for obligation or expenditure by the 
District of Columbia government under any authority shall be expended 
for any abortion except where the life of the mother would be 
endangered if the fetus were carried to term or where the pregnancy is 
the result of an act of rape or incest.
    Sec. 811. (a) No later than 30 calendar days after the date of the 
enactment of this Act, the Chief Financial Officer for the District of 
Columbia shall submit to the appropriate committees of Congress, the 
Mayor, and the Council of the District of Columbia, a revised 
appropriated funds operating budget in the format of the budget that 
the District of Columbia government submitted pursuant to section 442 
of the District of Columbia Home Rule Act (D.C. Official Code, sec. 1-
204.42), for all agencies of the District of Columbia government for 
fiscal year 2018 that is in the total amount of the approved 
appropriation and that realigns all budgeted data for personal services 
and other-than-personal services, respectively, with anticipated actual 
expenditures.
    (b) This section shall apply only to an agency for which the Chief 
Financial Officer for the District of Columbia certifies that a 
reallocation is required to address unanticipated changes in program 
requirements.
    Sec. 812.  No later than 30 calendar days after the date of the 
enactment of this Act, the Chief Financial Officer for the District of 
Columbia shall submit to the appropriate committees of Congress, the 
Mayor, and the Council for the District of Columbia, a revised 
appropriated funds operating budget for the District of Columbia Public 
Schools that aligns schools budgets to actual enrollment. The revised 
appropriated funds budget shall be in the format of the budget that the 
District of Columbia government submitted pursuant to section 442 of 
the District of Columbia Home Rule Act (D.C. Official Code, sec. 1-
204.42).
    Sec. 813. (a) Amounts appropriated in this Act as operating funds 
may be transferred to the District of Columbia's enterprise and capital 
funds and such amounts, once transferred, shall retain appropriation 
authority consistent with the provisions of this Act.
    (b) The District of Columbia government is authorized to reprogram 
or transfer for operating expenses any local funds transferred or 
reprogrammed in this or the four prior fiscal years from operating 
funds to capital funds, and such amounts, once transferred or 
reprogrammed, shall retain appropriation authority consistent with the 
provisions of this Act.
    (c) The District of Columbia government may not transfer or 
reprogram for operating expenses any funds derived from bonds, notes, 
or other obligations issued for capital projects.
    Sec. 814.  None of the Federal funds appropriated in this Act shall 
remain available for obligation beyond the current fiscal year, nor may 
any be transferred to other appropriations, unless expressly so 
provided herein.
    Sec. 815.  Except as otherwise specifically provided by law or 
under this Act, not to exceed 50 percent of unobligated balances 
remaining available at the end of fiscal year 2018 from appropriations 
of Federal funds made available for salaries and expenses for fiscal 
year 2018 in this Act, shall remain available through September 30, 
2019, for each such account for the purposes authorized:  Provided, 
That a request shall be submitted to the Committees on Appropriations 
of the House of Representatives and the Senate for approval prior to 
the expenditure of such funds:  Provided further, That these requests 
shall be made in compliance with reprogramming guidelines outlined in 
section 803 of this Act.
    Sec. 816. (a)(1) During fiscal year 2019, during a period in which 
neither a District of Columbia continuing resolution or a regular 
District of Columbia appropriation bill is in effect, local funds are 
appropriated in the amount provided for any project or activity for 
which local funds are provided in the Act referred to in paragraph (2) 
(subject to any modifications enacted by the District of Columbia as of 
the beginning of the period during which this subsection is in effect) 
at the rate set forth by such Act.
    (2) The Act referred to in this paragraph is the Act of the Council 
of the District of Columbia pursuant to which a proposed budget is 
approved for fiscal year 2019 which (subject to the requirements of the 
District of Columbia Home Rule Act) will constitute the local portion 
of the annual budget for the District of Columbia government for fiscal 
year 2019 for purposes of section 446 of the District of Columbia Home 
Rule Act (sec. 1-204.46, D.C. Official Code).
    (b) Appropriations made by subsection (a) shall cease to be 
available--
            (1) during any period in which a District of Columbia 
        continuing resolution for fiscal year 2019 is in effect; or
            (2) upon the enactment into law of the regular District of 
        Columbia appropriation bill for fiscal year 2019.
    (c) An appropriation made by subsection (a) is provided under the 
authority and conditions as provided under this Act and shall be 
available to the extent and in the manner that would be provided by 
this Act.
    (d) An appropriation made by subsection (a) shall cover all 
obligations or expenditures incurred for such project or activity 
during the portion of fiscal year 2019 for which this section applies 
to such project or activity.
    (e) This section shall not apply to a project or activity during 
any period of fiscal year 2019 if any other provision of law (other 
than an authorization of appropriations)--
            (1) makes an appropriation, makes funds available, or 
        grants authority for such project or activity to continue for 
        such period; or
            (2) specifically provides that no appropriation shall be 
        made, no funds shall be made available, or no authority shall 
        be granted for such project or activity to continue for such 
        period.
    (f) Nothing in this section shall be construed to affect 
obligations of the government of the District of Columbia mandated by 
other law.
    Sec. 817. (a) Effective with respect to fiscal year 2013 and each 
succeeding fiscal year, the Local Budget Autonomy Amendment Act of 2012 
(D.C. Law 19-321) is hereby repealed, and any provision of law amended 
or repealed by such Act shall be restored or revived as if such Act had 
not been enacted into law.
    (b)(1) Section 450 of the District of Columbia Home Rule Act (sec. 
1-204.50, D.C. Official Code) is amended--
                    (A) in the first sentence, by striking ``The 
                General Fund'' and inserting ``(a) In General.--The 
                General Fund''; and
                    (B) by adding at the end the following new 
                subsection:
    ``(b) Application of Federal Appropriations Process.--Nothing in 
this Act shall be construed as creating a continuing appropriation of 
the General Fund described in subsection (a). All funds provided for 
the District of Columbia shall be appropriated on an annual fiscal year 
basis through the Federal appropriations process. For each fiscal year, 
the District shall be subject to all applicable requirements of 
subchapter III of chapter 13 and subchapter II of chapter 15 of title 
31, United States Code (commonly known as the `Anti-Deficiency Act'), 
the Budget and Accounting Act of 1921, and all other requirements and 
restrictions applicable to appropriations for such fiscal year.''.
    (2) Section 603(a) of such Act (sec. 1-206.03(a), D.C. Official 
Code) is amended--
            (A) by striking ``existing''; and
            (B) by striking the period at the end and inserting the 
        following: ``, or as authorizing the District of Columbia to 
        make any such change.''.
    (3) The amendments made by this subsection shall take effect as if 
included in the enactment of the District of Columbia Home Rule Act.
    Sec. 818. (a) No funds available for obligation or expenditure by 
the District of Columbia government under any authority may be used to 
enact any act, resolution, rule, regulation, guidance, or other law to 
permit any person to carry out any activity, or to reduce the penalties 
imposed with respect to any activity, to which subsection (a) of 
section 3 of the Assisted Suicide Funding Restriction Act of 1997 (42 
U.S.C. 14402) applies (taking into consideration subsection (b) of such 
section).
    (b) Effective February 18, 2017, the Death With Dignity Act of 2016 
(D.C. Law 21-182) is hereby repealed.
    Sec. 819.  Except as expressly provided otherwise, any reference to 
``this Act'' contained in this title or in title IV shall be treated as 
referring only to the provisions of this title or of title IV.

                        TITLE IX--OTHER MATTERS

                           table of contents

    Sec. 901. 
    The table of contents for this title is as follows:

Sec. 901. Table of contents.
Sec. 902. Directed rulemaking repeals.
Sec. 903. Repeal and modification of provisions of the Financial 
                            Stability Act of 2010.
Sec. 904. Bringing the Federal Deposit Insurance Corporation into the 
                            appropriations process.
Sec. 905. Bringing the Federal Housing Finance Agency into the 
                            appropriations process.
Sec. 906. Bringing the examination and supervision functions of the 
                            National Credit Union Administration into 
                            the appropriations process.
Sec. 907. Bringing the Office of the Comptroller of the Currency into 
                            the appropriations process.
Sec. 908. Bringing the non-monetary policy related functions of the 
                            Board of Governors of the Federal Reserve 
                            System into the appropriations process.
Sec. 909. Increased threshold for disclosures relating to compensatory 
                            benefit plans.
Sec. 910. Refunding or crediting overpayment of section 31 fees.
Sec. 911. Safe harbor for investment fund research.
Sec. 912. Annual review of government-business forum on capital 
                            formation.
Sec. 913. Helping Angles Lead Our Startups.
Sec. 914. Investor limitation for qualifying venture capital funds.
Sec. 915. Manufactured Housing.
Sec. 916. Requirements for deposit account termination requests and 
                            orders.
Sec. 917. Amendments to the Financial Institutions Reform, Recovery, 
                            and Enforcement Act of 1989.
Sec. 918. Safe harbor for certain loans held on portfolio.
Sec. 919. Changes required to small bank holding company policy 
                            statement on assessment of financial and 
                            managerial factors.
Sec. 920. Community financial institution mortgage relief.
Sec. 921. Regulations appropriate to business models.
Sec. 922. Eliminating barriers to jobs for loan originators.
Sec. 923. Small business loan data collection requirement.
Sec. 924. Depository institutions subject to maintenance of records and 
                            disclosure requirements.
Sec. 925. Rate of interest after transfer of loan.
Sec. 926. Bringing the Bureau into the regular appropriations process.
Sec. 927. Elimination of supervision authority.
Sec. 928. Removal of authority to regulate small-dollar credit.
Sec. 929. Removal of Bureau UDAAP authority.
Sec. 930. Repeal of authority to restrict arbitration.
Sec. 931. Exemption from risk retention requirements for nonresidential 
                            mortgage.
Sec. 932. Prohibition on requiring a single ballot.
Sec. 933. Repeal of the Volcker Rule and other provisions.

                      directed rulemaking repeals

    Sec. 902. 
    With respect to any directed rulemaking required by a provision of 
law repealed by this title, to the extent any rule was issued or 
revised pursuant to such directed rulemaking, such rule or revision 
shall have no force or effect.

repeal and modification of provisions of the financial stability act of 
                                  2010

    Sec. 903. 
    (a) Repeals.--The following provisions of the Financial Stability 
Act of 2010 are repealed, and the provisions of law amended or repealed 
by such provisions are restored or revived as if such provisions had 
not been enacted:
            (1) Subtitle B.
            (2) Section 113.
            (3) Section 114.
            (4) Section 115.
            (5) Section 116.
            (6) Section 117.
            (7) Section 119.
            (8) Section 120.
            (9) Section 121.
            (10) Section 161.
            (11) Section 162.
            (12) Section 164.
            (13) Section 166.
            (14) Section 167.
            (15) Section 168.
            (16) Section 170.
            (17) Section 172.
            (18) Section 174.
            (19) Section 175.
    (b) Additional Modifications.--The Financial Stability Act of 2010 
(12 U.S.C. 5311 et seq.) is amended--
            (1) in section 102(a), by striking paragraph (5);
            (2) in section 111--
                    (A) in subsection (b)--
                            (i) in paragraph (1)--
                                    (I) by striking ``who shall each'' 
                                and inserting ``who shall, except as 
                                provided below, each''; and
                                    (II) by striking subparagraphs (B) 
                                through (I) and inserting the 
                                following:
                    ``(B) each member of the Board of Governors, who 
                shall collectively have 1 vote on the Council;
                    ``(C) the Comptroller of the Currency;
                    ``(D) the Director of the Bureau;
                    ``(E) each member of the Commission, who shall 
                collectively have 1 vote on the Council;
                    ``(F) each member of the Corporation, who shall 
                collectively have 1 vote on the Council;
                    ``(G) each member of the Commodity Futures Trading 
                Commission, who shall collectively have 1 vote on the 
                Council;
                    ``(H) the Director of the Federal Housing Finance 
                Agency;
                    ``(I) each member of the National Credit Union 
                Administration Board, who shall collectively have 1 
                vote on the Council; and'';
                            (ii) in paragraph (2)--
                                    (I) by striking subparagraph (A); 
                                and
                                    (II) by redesignating subparagraphs 
                                (B), (C), (D), and (E) as subparagraphs 
                                (A), (B), (C), and (D), respectively; 
                                and
                            (iii) by adding at the end the following:
            ``(4) Voting by multi-person entity.--
                    ``(A) Voting within the entity.--An entity 
                described under subparagraph (B), (E), (F), (G), or (I) 
                of paragraph (1) shall determine the entity's Council 
                vote by using the voting process normally applicable to 
                votes by the entity's members.
                    ``(B) Casting of entity vote.--The 1 collective 
                Council vote of an entity described under subparagraph 
                (A) shall be cast by the head of such agency or, in the 
                event such head is unable to cast such vote, the next 
                most senior member of the entity available.'';
                    (B) in subsection (c)(1), by striking ``The 
                independent member of the Council shall serve for a 
                term of 6 years, and each nonvoting member described in 
                subparagraphs (C), (D), and (E) of'' and inserting 
                ``Each nonvoting members described under'';
                    (C) in subsection (e), by adding at the end the 
                following:
            ``(3) Staff access.--Any member of the Council may select 
        to have one or more individuals on the member's staff attend a 
        meeting of the Council, including any meeting of 
        representatives of the member agencies other than the members 
        themselves.
            ``(4) Congressional oversight.--All public meetings of the 
        Council shall be open to the attendance by members of the 
        authorization and oversight committees of the House of 
        Representatives and the Senate.
            ``(5) Transcription requirement for non-public meetings.--
        The Council shall create and preserve transcripts for all non-
        public meetings of the Council.
            ``(6) Member agency meetings.--Any meeting of 
        representatives of the member agencies other than the members 
        themselves shall be open to attendance by staff of the 
        authorization and oversight committees of the House of 
        Representatives and the Senate.'';
                    (D) by striking subsection (g) (relating to the 
                nonapplicability of FACA);
                    (E) by inserting after subsection (f) the 
                following:
    ``(g) Open Meeting Requirement.--The Council shall be an agency for 
purposes of section 552b of title 5, United States Code (commonly 
referred to as the `Government in the Sunshine Act').
    ``(h) Confidential Congressional Briefings.--The Chairperson shall 
at regular times but not less than annually provide confidential 
briefings to the Committee on Financial Services of the House of 
Representatives and the Committee on Banking, Housing, and Urban 
Affairs of the Senate, which may in the discretion of the Chairman of 
the respective committee be attended by any combination of the 
committee's members or staff.''; and
                    (F) by redesignating subsections (h) through (j) as 
                subsections (i) through (k), respectively;
            (3) in section 112--
                    (A) in subsection (a)(2)--
                            (i) in subparagraph (A), by striking 
                        ``direct the Office of Financial Research to'';
                            (ii) by striking subparagraphs (B), (H), 
                        and (I);
                            (iii) by redesignating subparagraphs (C), 
                        (D), (E), (F), (G), (J), (K), (L), (M), and (N) 
                        as subparagraphs (B), (C), (D), (E), (F), (G), 
                        (H), (I), (J), and (K), respectively;
                            (iv) in subparagraph (K), as so 
                        redesignated--
                                    (I) in clause (iii), by adding 
                                ``and'' at the end;
                                    (II) by striking clauses (iv) and 
                                (v); and
                                    (III) by redesignating clause (vi) 
                                as clause (iv); and
                    (B) in subsection (d)--
                            (i) in paragraph (1), by striking ``the 
                        Office of Financial Research, member 
                        agencies,'' and inserting ``member agencies'';
                            (ii) in paragraph (2), by striking ``the 
                        Office of Financial Research, any member 
                        agency,'' and inserting ``member agencies'';
                            (iii) in paragraph (3)--
                                    (I) by striking ``, acting through 
                                the Office of Financial Research,'' 
                                each place it appears; and
                                    (II) in subparagraph (B), by 
                                striking ``the Office of Financial 
                                Research or''; and
                            (iv) in paragraph (5)(A), by striking ``, 
                        the Office of Financial Research,'';
            (4) by amending section 118 to read as follows:

``SEC. 118. COUNCIL FUNDING.

    ``There is authorized to be appropriated to the Council $4,000,000 
for fiscal year 2018 and each fiscal year thereafter to carry out the 
duties of the Council.'';
            (5) in section 163--
                    (A) by striking subsection (a);
                    (B) by redesignating subsection (b) as subsection 
                (a); and
                    (C) in subsection (a), as so redesignated, by 
                striking ``or a nonbank financial company supervised by 
                the Board of Governors'' each place such term appears;
            (6) in section 165--
                    (A) by striking ``nonbank financial companies 
                supervised by the Board of Governors and'' each place 
                such term appears;
                    (B) by striking ``nonbank financial company 
                supervised by the Board of Governors and'' each place 
                such term appears;
                    (C) in subsection (a), by amending paragraph (2) to 
                read as follows:
            ``(2) Tailored application.--In prescribing more stringent 
        prudential standards under this section, the Board of Governors 
        may differentiate among companies on an individual basis or by 
        category, taking into consideration their capital structure, 
        riskiness, complexity, financial activities (including the 
        financial activities of their subsidiaries), size, and any 
        other risk-related factors that the Board of Governors deems 
        appropriate.'';
                    (D) in subsection (b)--
                            (i) in paragraph (1)(B)(iv), by striking 
                        ``, on its own or pursuant to a recommendation 
                        made by the Council in accordance with section 
                        115,'';
                            (ii) in paragraph (2)--
                                    (I) by striking ``foreign nonbank 
                                financial company supervised by the 
                                Board of Governors or'';
                                    (II) by striking ``shall--'' and 
                                all that follows through ``give due'' 
                                and inserting ``shall give due'';
                                    (III) in subparagraph (A), by 
                                striking ``; and'' and inserting a 
                                period; and
                                    (IV) by striking subparagraph (B);
                            (iii) in paragraph (3)--
                                    (I) in subparagraph (A)--
                                            (aa) by striking clause 
                                        (i);
                                            (bb) by redesignating 
                                        clauses (ii), (iii), and (iv) 
                                        as clauses (i), (ii), and 
                                        (iii), respectively; and
                                            (cc) in clause (iii), as so 
                                        redesignated, by adding ``and'' 
                                        at the end;
                                    (II) by striking subparagraphs (B) 
                                and (C); and
                                    (III) by redesignating subparagraph 
                                (D) as subparagraph (B); and
                            (iv) in paragraph (4), by striking ``a 
                        nonbank financial company supervised by the 
                        Board of Governors or'';
                    (E) in subsection (c)--
                            (i) in paragraph (1), by striking ``under 
                        section 115(c)''; and
                            (ii) in paragraph (2)--
                                    (I) by amending subparagraph (A) to 
                                read as follows:
                    ``(A) any recommendations of the Council;''; and
                                    (II) in subparagraph (D), by 
                                striking ``nonbank financial company 
                                supervised by the Board of Governors 
                                or'';
                    (F) in subsection (d)--
                            (i) by striking ``a nonbank financial 
                        company supervised by the Board of Governors 
                        or'' each place such term appears;
                            (ii) in paragraph (1), by striking 
                        ``periodically'' and inserting ``not more often 
                        than every 2 years'';
                            (iii) in paragraph (3)--
                                    (I) by striking ``The Board'' and 
                                inserting the following:
                    ``(A) In general.--The Board'';
                                    (II) by striking ``shall review'' 
                                and inserting the following: ``shall--
                            ``(i) review'';
                                    (III) by striking the period and 
                                inserting ``; and''; and
                                    (IV) by adding at the end the 
                                following:
                            ``(ii) not later than the end of the 6-
                        month period beginning on the date the bank 
                        holding company submits the resolution plan, 
                        provide feedback to the bank holding company on 
                        such plan.
                    ``(B) Disclosure of assessment framework.--The 
                Board of Governors shall publicly disclose, including 
                on the website of the Board of Governors, the 
                assessment framework that is used to review information 
                under this paragraph and shall provide the public with 
                a notice and comment period before finalizing such 
                assessment framework.''.
                            (iv) in paragraph (6), by striking 
                        ``nonbank financial company supervised by the 
                        Board, any bank holding company,'' and 
                        inserting ``bank holding company'';
                    (G) in subsection (e)--
                            (i) in paragraph (1), by striking ``a 
                        nonbank financial company supervised by the 
                        Board of Governors or'';
                            (ii) in paragraph (3), by striking ``the 
                        nonbank financial company supervised by the 
                        Board of Governors or'' each place such term 
                        appears; and
                            (iii) in paragraph (4), by striking ``a 
                        nonbank financial company supervised by the 
                        Board of Governors or'';
                    (H) in subsection (g)(1), by striking ``and any 
                nonbank financial company supervised by the Board of 
                Governors'';
                    (I) in subsection (h)--
                            (i) by striking paragraph (1);
                            (ii) by redesignating paragraphs (2), (3), 
                        and (4) as paragraphs (1), (2), and (3), 
                        respectively;
                            (iii) in paragraph (1), as so redesignated, 
                        by striking ``paragraph (3)'' each place such 
                        term appears and inserting ``paragraph (2)''; 
                        and
                            (iv) in paragraph (2), as so redesignated--
                                    (I) in subparagraph (A), by 
                                striking ``the nonbank financial 
                                company supervised by the Board of 
                                Governors or bank holding company 
                                described in subsection (a), as 
                                applicable'' and inserting ``a bank 
                                holding company described in subsection 
                                (a)''; and
                                    (II) in subparagraph (B), by 
                                striking ``the nonbank financial 
                                company supervised by the Board of 
                                Governors or a bank holding company 
                                described in subsection (a), as 
                                applicable'' and inserting ``a bank 
                                holding company described in subsection 
                                (a)'';
                    (J) in subsection (i)--
                            (i) in paragraph (1)--
                                    (I) in subparagraph (A), by 
                                striking ``, in coordination with the 
                                appropriate primary financial 
                                regulatory agencies and the Federal 
                                Insurance Office,'';
                                    (II) in subparagraph (B)--
                                            (aa) by amending clause (i) 
                                        to read as follows:
                            ``(i) shall--
                                    ``(I) issue regulations, after 
                                providing for public notice and 
                                comment, that provide for at least 3 
                                different sets of conditions under 
                                which the evaluation required by this 
                                subsection shall be conducted, 
                                including baseline, adverse, and 
                                severely adverse, and methodologies, 
                                including models used to estimate 
                                losses on certain assets, and the Board 
                                of Governors shall not carry out any 
                                such evaluation until 60 days after 
                                such regulations are issued; and
                                    ``(II) provide copies of such 
                                regulations to the Comptroller General 
                                of the United States and the Panel of 
                                Economic Advisors of the Congressional 
                                Budget Office before publishing such 
                                regulations;'';
                                            (bb) in clause (ii), by 
                                        striking ``and nonbank 
                                        financial companies'';
                                            (cc) in clause (iv), by 
                                        striking ``and'' at the end;
                                            (dd) in clause (v), by 
                                        striking the period and 
                                        inserting the following: ``, 
                                        including any results of a 
                                        resubmitted test;''; and
                                            (ee) by adding at the end 
                                        the following:
                            ``(vi) shall, in establishing the severely 
                        adverse condition under clause (i), provide 
                        detailed consideration of the model's effects 
                        on financial stability and the cost and 
                        availability of credit;
                            ``(vii) shall, in developing the models and 
                        methodologies and providing them for notice and 
                        comment under this subparagraph, publish a 
                        process to test the models and methodologies 
                        for their potential to magnify systemic and 
                        institutional risks instead of facilitating 
                        increased resiliency;
                            ``(viii) shall design and publish a process 
                        to test and document the sensitivity and 
                        uncertainty associated with the model system's 
                        data quality, specifications, and assumptions; 
                        and
                            ``(ix) shall communicate the range and 
                        sources of uncertainty surrounding the models 
                        and methodologies.''; and
                                    (III) by adding at the end the 
                                following:
                    ``(C) CCAR requirements.--
                            ``(i) Parameters and consequences 
                        applicable to ccar.--The requirements of 
                        subparagraph (B) shall apply to CCAR.
                            ``(ii) Two-year limitation.--The Board of 
                        Governors may not subject a company to CCAR 
                        more than once every two years.
                            ``(iii) Mid-cycle resubmission.--If a 
                        company receives a quantitative objection to, 
                        or otherwise desires to amend the company's 
                        capital plan, the company may file a new 
                        streamlined plan at any time after a capital 
                        planning exercise has been completed and before 
                        a subsequent capital planning exercise.
                            ``(iv) Limitation on qualitative capital 
                        planning objections.--In carrying out CCAR, the 
                        Board of Governors may not object to a 
                        company's capital plan on the basis of 
                        qualitative deficiencies in the company's 
                        capital planning process.
                            ``(v) Company inquiries.--The Board of 
                        Governors shall establish and publish 
                        procedures for responding to inquiries from 
                        companies subject to CCAR, including 
                        establishing the time frame in which such 
                        responses will be made, and make such 
                        procedures publicly available.
                            ``(vi) CCAR defined.--For purposes of this 
                        subparagraph and subparagraph (E), the term 
                        `CCAR' means the Comprehensive Capital Analysis 
                        and Review established by the Board of 
                        Governors.'';
                            (ii) in paragraph (2)--
                                    (I) in subparagraph (A)--
                                            (aa) by striking ``a bank 
                                        holding company'' and inserting 
                                        ``bank holding company'';
                                            (bb) by striking 
                                        ``semiannual'' and inserting 
                                        ``annual'';
                                            (cc) by striking ``All 
                                        other financial companies'' and 
                                        inserting ``All other bank 
                                        holding companies''; and
                                            (dd) by striking ``and are 
                                        regulated by a primary Federal 
                                        financial regulatory agency'';
                                    (II) in subparagraph (B)--
                                            (aa) by striking ``and to 
                                        its primary financial 
                                        regulatory agency''; and
                                            (bb) by striking ``primary 
                                        financial regulatory agency'' 
                                        the second time it appears and 
                                        inserting ``Board of 
                                        Governors''; and
                                    (III) in subparagraph (C)--
                                            (aa) by striking ``Each 
                                        Federal primary financial 
                                        regulatory agency, in 
                                        coordination with the Board of 
                                        Governors and the Federal 
                                        Insurance Office,'' and 
                                        inserting ``The Board of 
                                        Governors''; and
                                            (bb) by striking 
                                        ``consistent and comparable''; 
                                        and
                            (iii) by adding at the end the following:
            ``(3) Accountability and appropriateness in bank holding 
        company stress tests.--
                    ``(A) Quality and accountability assurance.--No 
                annual test or exercise conducted by the Board of 
                Governors under this subsection or any other provision 
                of law shall serve as a basis for restricting a capital 
                distribution by a bank holding company unless the Board 
                of Governor's Vice Chair for Supervision certifies in 
                writing to the Congress that any model or combination 
                of models used therein are demonstrably more accurate 
                than any similar model or combination of models 
                utilized by the bank holding company in a stress test 
                conducted under paragraph (2).
                    ``(B) Process.--Any action taken by the Board of 
                Governors to restrict a capital distribution by a bank 
                holding company on the basis of a stress test or 
                exercise conducted by the Board of Governors under this 
                subsection or any other provision of law shall be 
                conducted pursuant to a capital directive subject to, 
                and issued in accordance with, section 908(b)(2) of the 
                International Lending Supervision Act of 1983 (12 
                U.S.C. 3907(b)(2).'';
                    (K) in subsection (j)--
                            (i) in paragraph (1), by striking ``or a 
                        nonbank financial company supervised by the 
                        Board of Governors''; and
                            (ii) in paragraph (2), by striking ``the 
                        factors described in subsections (a) and (b) of 
                        section 113 and any other'' and inserting 
                        ``any''; and
                    (L) in subsection (k)(1), by striking ``or nonbank 
                financial company supervised by the Board of 
                Governors''.
    (c) Treatment of Other Resolution Plan Requirements.--
            (1) In general.--With respect to an appropriate Federal 
        banking agency that requires a banking organization to submit 
        to the agency a resolution plan not described under section 
        165(d) of the Dodd-Frank Wall Street Reform and Consumer 
        Protection Act--
                    (A) the agency shall comply with the requirements 
                of paragraphs (3) and (4) of such section 165(d);
                    (B) the agency may not require the submission of 
                such a resolution plan more often than every 2 years; 
                and
                    (C) paragraphs (6) and (7) of such section 165(d) 
                shall apply to such a resolution plan.
            (2) Definitions.--For purposes of this subsection, the 
        terms ``appropriate Federal banking agency'' and ``banking 
        organization'' have the meaning given those terms, 
        respectively, under section 105.
    (d) Actions to Create a Bank Holding Company.--Section 3(b)(1) of 
the Bank Holding Company Act of 1956 (12 U.S.C. 1842(b)(1)) is 
amended--
            (1) by striking ``Upon receiving'' and inserting the 
        following:
                    ``(A) In general.--Upon receiving'';
            (2) by striking ``Notwithstanding any other provision'' and 
        inserting the following:
                    ``(B) Immediate action.--
                            ``(i) In general.--Notwithstanding any 
                        other provision''; and
            (3) by adding at the end the following:
                            ``(ii) Exception.--The Board may not take 
                        any action pursuant to clause (i) on an 
                        application that would cause any company to 
                        become a bank holding company unless such 
                        application involves the company acquiring a 
                        bank that is critically undercapitalized (as 
                        such term is defined under section 38(b) of the 
                        Federal Deposit Insurance Act).''.
    (e) Concentration Limits Applied Only to Banking Organizations.--
Section 14 of the Bank Holding Company Act of 1956 (12 U.S.C. 1852) is 
amended--
            (1) by striking ``financial company'' each place such term 
        appears and inserting ``banking organization'';
            (2) in subsection (a)--
                    (A) by amending paragraph (2) to read as follows:
            ``(2) the term `banking organization' means--
                    ``(A) an insured depository institution;
                    ``(B) a bank holding company;
                    ``(C) a savings and loan holding company;
                    ``(D) a company that controls an insured depository 
                institution; and
                    ``(E) a foreign bank or company that is treated as 
                a bank holding company for purposes of this Act; and'';
                    (B) in paragraph (3)--
                            (i) in subparagraph (A)(ii), by adding 
                        ``and'' at the end;
                            (ii) in subparagraph (B)(ii), by striking 
                        ``; and'' and inserting a period; and
                            (iii) by striking subparagraph (C); and
            (3) in subsection (b), by striking ``financial companies'' 
        and inserting ``banking organizations''.
    (f) Conforming Amendment.--Section 3502(5) of title 44, United 
States Code, is amended by striking ``the Office of Financial 
Research,''.
    (g) 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 items relating to subtitle B of title I and 
113, 114, 115, 116, 117, 119, 120, 121, 161, 162, 164, 166, 167, 168, 
170, 172, 174, and 175.

      bringing the federal deposit insurance corporation into the 
                         appropriations process

    Sec. 904. 
    (a) In General.--Section 10(a) of the Federal Deposit Insurance Act 
(12 U.S.C. 1820(a)) is amended--
            (1) by striking ``(a) The'' and inserting the following:
    ``(a) Powers.--
            ``(1) In general.--The'';
            (2) by inserting ``, subject to paragraph (2),'' after 
        ``The Board of Directors of the Corporation''; and
            (3) by adding at the end the following new paragraph:
            ``(2) Appropriations requirement.--Except as provided under 
        paragraph (3), the Corporation may, only to the extent as 
        provided in advance by appropriations Acts, cover the costs 
        incurred in carrying out the provisions of this Act, including 
        with respect to the administrative costs of the Corporation and 
        the costs of the examination and supervision of insured 
        depository institutions.
            ``(3) Exception for certain programs.--Paragraph (2) shall 
        not apply to the Corporation's Insurance Business Line Programs 
        and Receivership Management Business Line Programs, as in 
        existence on the date of enactment of this paragraph, and the 
        proportion of the administrative costs of the Corporation 
        related to such programs.''.
    (b) Examination Fees.--Section 10(e)(1) of the Federal Deposit 
Insurance Act (12 U.S.C. 1820(e)(1)) is amended by striking ``to meet 
the expenses of the Corporation in carrying out such examinations'' and 
inserting ``and may be expended by the Board only to the extent as 
provided in advance by appropriations Acts to cover the costs incurred 
in carrying out such examinations''.
    (c) Offset of Additional Fees.--The Federal Deposit Insurance 
Corporation shall reduce the amount of insurance premiums charged by 
the Corporation under the Federal Deposit Insurance Act in an amount 
equal to any additional fees charged by the Corporation by reason of 
the amendments made by this section.
    (d) Effective Date.--The amendments made by this section shall 
apply with respect to expenses paid and fees collected on or after 
October 1, 2018.

  bringing the federal housing finance agency into the appropriations 
                                process

    Sec. 905. 
    (a) In General.--Section 1316 of the Housing and Community 
Development Act of 1992 (12 U.S.C. 4516) is amended--
            (1) by amending subsection (a) to read as follows:
    ``(a) Appropriations Requirement.--
            ``(1) Recovery of costs of annual appropriation.--The 
        Agency shall collect assessments and other fees that are 
        designed to recover the costs to the Government of the annual 
        appropriation to the Agency by Congress.
            ``(2) Offsetting collections.--Assessments and other fees 
        described under paragraph (1) for any fiscal year--
                    ``(A) shall be deposited and credited as offsetting 
                collections to the account providing appropriations to 
                the Agency; and
                    ``(B) shall not be collected for any fiscal year 
                except to the extent provided in advance in 
                appropriation Acts.''; and
            (2) by striking subsection (f).
    (b) Effective Date.--The amendments made by this section shall 
apply with respect to expenses paid and assessments and other fees 
collected on or after October 1, 2018.

  bringing the examination and supervision functions of the national 
      credit union administration into the appropriations process

    Sec. 906. 
    (a) Operating Fees.--Section 105(d) of the Federal Credit Union Act 
(12 U.S.C. 1755(d)) is amended--
            (1) by striking ``All'' and inserting ``(1) All'';
            (2) by striking ``for the account of the Administration and 
        may be expended by the Board to defray the expenses incurred in 
        carrying out the provisions of this Act including the 
        examination and supervision of Federal credit unions'' and 
        inserting ``and may be expended by the Board only to the extent 
        as provided in advance by appropriations Acts, to cover the 
        costs incurred in carrying out the provisions of this Act with 
        respect to the costs of the examination and supervision of 
        Federal credit unions and the proportion of the administrative 
        costs of the Board related to the examination and supervision 
        of Federal credit unions''; and
            (3) by adding at the end the following:
    ``(2)(A) The Board may only use amounts in the NCUA Operating Fund 
to the extent as provided in advance by appropriations Acts, including 
to pay for the costs incurred by the Board in carrying out the 
examination and supervision of Federal credit unions and the proportion 
of the administrative costs of the Board related to the examination and 
supervision of Federal credit unions.
    ``(B) Subparagraph (A) shall not apply to the Board's activities 
carried out pursuant to title II.''.
    (b) Staff Funding.--Section 120(j)(3) of the Federal Credit Union 
Act (12 U.S.C. 1766(j)(3)) is amended--
            (1) by inserting ``related to the examination and 
        supervision of Federal credit unions under this Act and the 
        proportion of the administrative costs of the Board related to 
        the examination and supervision of Federal credit unions under 
        this Act'' before ``shall be paid''; and
            (2) by striking ``insured credit unions under this Act'' 
        and inserting ``Federal credit unions under this title, only to 
        the extent as provided in advance by appropriations Acts''.
    (c) Use of Deposit Funds.--Section 202(c)(1)(B)(iv) of the Federal 
Credit Union Act (12 U.S.C. 1782(c)(1)(B)(iv)) is amended--
            (1) by striking ``The'' and inserting ``To the extent 
        provided for in advance by appropriations Acts, the''; and
            (2) by adding at the end the following new sentence: ``This 
        clause shall not apply to the Board's activities carried out 
        pursuant to this title.''.
    (d) Effective Date.--The amendments made by this section shall 
apply with respect to expenses paid and fees collected on or after 
October 1, 2018.

    bringing the office of the comptroller of the currency into the 
                         appropriations process

    Sec. 907. 
    (a) In General.--Section 5240A of the Revised Statutes of the 
United States (12 U.S.C. 16) is amended--
            (1) by striking ``Sec. 5240A. The Comptroller of the 
        Currency may collect an assessment, fee, or other charge from 
        any entity described in section 3(q)(1) of the Federal Deposit 
        Insurance Act (12 U.S.C. 1813(q)(1)), as the Comptroller 
        determines is necessary or appropriate to carry out the 
        responsibilities of the Office of the Comptroller of the 
        Currency. In establishing the amount of an assessment, fee, or 
        charge collected from an entity under this section,'' and 
        inserting the following:

``SEC. 5240A. COLLECTION OF FEES; APPROPRIATIONS REQUIREMENT.

    ``(a) In General.--In establishing the amount of an assessment, 
fee, or charge collected from an entity under subsection (b),'';
            (2) by striking ``Funds derived'' and all that follows 
        through the end of the section; and
            (3) by adding at the end the following:
    ``(b) Appropriations Requirement.--
            ``(1) Recovery of costs of annual appropriation.--The 
        Comptroller of the Currency shall impose and collect 
        assessments, fees, or other charges that are designed to 
        recover the costs to the Government of the annual appropriation 
        to the Office of the Comptroller of the Currency by Congress.
            ``(2) Offsetting collections.--Assessments and other fees 
        described under paragraph (1) for any fiscal year--
                    ``(A) shall be deposited and credited as offsetting 
                collections to the account providing appropriations to 
                the Office of the Comptroller of the Currency; and
                    ``(B) shall not be collected for any fiscal year 
                except to the extent provided in advance in 
                appropriation Acts.''.
    (b) Conforming Amendment.--Section 5240 (12 U.S.C. 481 et seq.) of 
the Revised Statutes of the United States is amended by striking the 
fourth undesignated paragraph.
    (c) Effective Date.--The amendments made by this section shall 
apply with respect to expenses paid and fees collected on or after 
October 1, 2018.

  bringing the non-monetary policy related functions of the board of 
governors of the federal reserve system into the appropriations process

    Sec. 908. 
    (a) In General.--The Federal Reserve Act is amended by inserting 
after section 11B the following:

``SEC. 11C. APPROPRIATIONS REQUIREMENT FOR NON-MONETARY POLICY RELATED 
              ADMINISTRATIVE COSTS.

    ``(a) Appropriations Requirement.--
            ``(1) Recovery of costs of annual appropriation.--The Board 
        of Governors of the Federal Reserve System and the Federal 
        reserve banks shall collect assessments and other fees, as 
        provided under this Act, that are designed to recover the costs 
        to the Government of the annual appropriation to the Board of 
        Governors of the Federal Reserve System by Congress. The Board 
        of Governors of the Federal Reserve System and the Federal 
        reserve banks may only incur obligations or allow and pay 
        expenses with respect to non-monetary policy related 
        administrative costs pursuant to an appropriations Act.
            ``(2) Offsetting collections.--Assessments and other fees 
        described under paragraph (1) for any fiscal year--
                    ``(A) shall be deposited and credited as offsetting 
                collections to the account providing appropriations to 
                the Board of Governors of the Federal Reserve System; 
                and
                    ``(B) shall not be collected for any fiscal year 
                except to the extent provided in advance in 
                appropriation Acts.
            ``(3) Limitation.--This subsection shall only apply to the 
        non-monetary policy related administrative costs of the Board 
        of Governors of the Federal Reserve System.
    ``(b) Definitions.--For purposes of this section:
            ``(1) Monetary policy.--The term `monetary policy' means a 
        strategy for producing a generally acceptable exchange medium 
        that supports the productive employment of economic resources 
        by reliably serving as both a unit of account and store of 
        value.
            ``(2) Non-monetary policy related administrative costs.--
        The term `non-monetary policy related administrative costs' 
        means administrative costs not related to the conduct of 
        monetary policy, and includes--
                    ``(A) direct operating expenses for supervising and 
                regulating entities supervised and regulated by the 
                Board of Governors of the Federal Reserve System, 
                including conducting examinations, conducting stress 
                tests, communicating with the entities regarding 
                supervisory matters and laws, and regulations;
                    ``(B) operating expenses for activities integral to 
                carrying out supervisory and regulatory 
                responsibilities, such as training staff in the 
                supervisory function, research and analysis functions 
                including library subscription services, and collecting 
                and processing regulatory reports filed by supervised 
                institutions; and
                    ``(C) support, overhead, and pension expenses 
                related to the items described under subparagraphs (A) 
                and (B).''.
    (b) Effective Date.--The amendments made by this section shall 
apply with respect to expenses paid and fees collected on or after 
October 1, 2018.

 increased threshold for disclosures relating to compensatory benefit 
                                 plans

    Sec. 909. 
    Not later than 60 days after the date of the enactment of this Act, 
the Securities and Exchange Commission shall revise section 230.701(e) 
of title 17, Code of Federal Regulations, so as to increase from 
$5,000,000 to $20,000,000 the aggregate sales price or amount of 
securities sold during any consecutive 12-month period in excess of 
which the issuer is required under such section to deliver an 
additional disclosure to investors. The Commission shall index for 
inflation such aggregate sales price or amount every 5 years to reflect 
the change in the Consumer Price Index for All Urban Consumers 
published by the Bureau of Labor Statistics, rounding to the nearest 
$1,000,000.

         refunding or crediting overpayment of section 31 fees

    Sec. 910. 
    (a) In General.--Section 31 of the Securities Exchange Act of 1934 
(15 U.S.C. 78ee) is amended by adding at the end the following:
    ``(n) Overpayment.--If a national securities exchange or national 
securities association pays to the Commission an amount in excess of 
fees and assessments due under this section and informs the Commission 
of such amount paid in excess within 10 years of the date of the 
payment, the Commission shall offset future fees and assessments due by 
such exchange or association in an amount equal to such excess 
amount.''.
    (b) Applicability.--The amendment made by this section shall apply 
to any fees and assessments paid before, on, or after the date of 
enactment of this section.

                safe harbor for investment fund research

    Sec. 911. 
    (a) Expansion of the Safe Harbor.--Not later than the end of the 
45-day period beginning on the date of enactment of this Act, the 
Securities and Exchange Commission shall propose, and not later than 
the end of the 120-day period beginning on such date, the Commission 
shall adopt, upon such terms, conditions, or requirements as the 
Commission may determine necessary or appropriate in the public 
interest, for the protection of investors, and for the promotion of 
capital formation, revisions to section 230.139 of title 17, Code of 
Federal Regulations, to provide that a covered investment fund research 
report that is published or distributed by a broker or dealer--
            (1) shall be deemed, for purposes of sections 2(a)(10) and 
        5(c) of the Securities Act of 1933 (15 U.S.C. 77b(a)(10), 
        77e(c)), not to constitute an offer for sale or an offer to 
        sell a security that is the subject of an offering pursuant to 
        a registration statement that is effective, even if the broker 
        or dealer is participating or will participate in the 
        registered offering of the covered investment fund's 
        securities; and
            (2) shall be deemed to satisfy the conditions of subsection 
        (a)(1) or (a)(2) of section 230.139 of title 17, Code of 
        Federal Regulations, or any successor provisions, for purposes 
        of the Commission's rules and regulations under the Federal 
        securities laws and the rules of any self-regulatory 
        organization.
    (b) Implementation of Safe Harbor.--In implementing the safe harbor 
pursuant to subsection (a), the Commission shall--
            (1) not, in the case of a covered investment fund with a 
        class of securities in substantially continuous distribution, 
        condition the safe harbor on whether the broker's or dealer's 
        publication or distribution of a covered investment fund 
        research report constitutes such broker's or dealer's 
        initiation or reinitiation of research coverage on such covered 
        investment fund or its securities;
            (2) not--
                    (A) require the covered investment fund to have 
                been registered as an investment company under the 
                Investment Company Act of 1940 (15 U.S.C. 80a-1 et 
                seq.) or subject to the reporting requirements of 
                section 13 or 15(d) of the Securities Exchange Act of 
                1934 (15 U.S.C. 78m, 78o(d)) for any period exceeding 
                the period of time referenced under paragraph 
                (a)(1)(i)(A)(1) of section 230.139 of title 17, Code of 
                Federal Regulations; or
                    (B) impose a minimum float provision exceeding that 
                referenced in paragraph (a)(1)(i)(A)(1)(i) of section 
                230.139 of title 17, Code of Federal Regulations;
            (3) provide that a self-regulatory organization may not 
        maintain or enforce any rule that would--
                    (A) prohibit the ability of a member to publish or 
                distribute a covered investment fund research report 
                solely because the member is also participating in a 
                registered offering or other distribution of any 
                securities of such covered investment fund; or
                    (B) prohibit the ability of a member to participate 
                in a registered offering or other distribution of 
                securities of a covered investment fund solely because 
                the member has published or distributed a covered 
                investment fund research report about such covered 
                investment fund or its securities; and
            (4) provide that a covered investment fund research report 
        shall not be subject to section 24(b) of the Investment Company 
        Act of 1940 (15 U.S.C. 80a-24(b)) or the rules and regulations 
        thereunder, except that such report may still be subject to 
        such section and the rules and regulations thereunder to the 
        extent that it is otherwise not subject to the content 
        standards in the rules of any self-regulatory organization 
        related to research reports, including those contained in the 
        rules governing communications with the public regarding 
        investment companies or substantially similar standards.
    (c) Rules of Construction.--Nothing in this Act shall be construed 
as in any way limiting--
            (1) the applicability of the antifraud or antimanipulation 
        provisions of the Federal securities laws and rules adopted 
        thereunder to a covered investment fund research report, 
        including section 17 of the Securities Act of 1933 (15 U.S.C. 
        77q), section 34(b) of the Investment Company Act of 1940 (15 
        U.S.C. 80a-33), and sections 9 and 10 of the Securities 
        Exchange Act of 1934 (15 U.S.C. 78i, 78j); or
            (2) the authority of any self-regulatory organization to 
        examine or supervise a member's practices in connection with 
        such member's publication or distribution of a covered 
        investment fund research report for compliance with applicable 
        provisions of the Federal securities laws or self-regulatory 
        organization rules related to research reports, including those 
        contained in rules governing communications with the public.
    (d) Interim Effectiveness of Safe Harbor.--
            (1) In general.--From and after the 120-day period 
        beginning on the date of enactment of this Act, if the 
        Commission has not adopted revisions to section 230.139 of 
        title 17, Code of Federal Regulations, as required by 
        subsection (a), and until such time as the Commission has done 
        so, a broker or dealer distributing or publishing a covered 
        investment fund research report after such date shall be able 
        to rely on the provisions of section 230.139 of title 17, Code 
        of Federal Regulations, and the broker or dealer's publication 
        of such report shall be deemed to satisfy the conditions of 
        subsection (a)(1) or (a)(2) of section 230.139 of title 17, 
        Code of Federal Regulations, if the covered investment fund 
        that is the subject of such report satisfies the reporting 
        history requirements (without regard to Form S-3 or Form F-3 
        eligibility) and minimum float provisions of such subsections 
        for purposes of the Commission's rules and regulations under 
        the Federal securities laws and the rules of any self-
        regulatory organization, as if revised and implemented in 
        accordance with subsections (a) and (b).
            (2) Status of covered investment fund.--After such period 
        and until the Commission has adopted revisions to section 
        230.139 and FINRA has revised rule 2210, for purposes of 
        subsection (c)(7)(O) of such rule, a covered investment fund 
        shall be deemed to be a security that is listed on a national 
        securities exchange and that is not subject to section 24(b) of 
        the Investment Company Act of 1940 (15 U.S.C. 80a-24(b)). 
        Communications concerning only covered investment funds that 
        fall within the scope of such section shall not be required to 
        be filed with FINRA.
    (e) Definitions.--For purposes of this section:
            (1) The term ``covered investment fund research report'' 
        means a research report published or distributed by a broker or 
        dealer about a covered investment fund or any securities issued 
        by the covered investment fund, but not including a research 
        report to the extent that it is published or distributed by the 
        covered investment fund or any affiliate of the covered 
        investment fund.
            (2) The term ``covered investment fund'' means--
                    (A) an investment company registered under, or that 
                has filed an election to be treated as a business 
                development company under, the Investment Company Act 
                of 1940 and that has filed a registration statement 
                under the Securities Act of 1933 for the public 
                offering of a class of its securities, which 
                registration statement has been declared effective by 
                the Commission; and
                    (B) a trust or other person--
                            (i) issuing securities in an offering 
                        registered under the Securities Act of 1933 and 
                        which class of securities is listed for trading 
                        on a national securities exchange;
                            (ii) the assets of which consist primarily 
                        of commodities, currencies, or derivative 
                        instruments that reference commodities or 
                        currencies, or interests in the foregoing; and
                            (iii) that provides in its registration 
                        statement under the Securities Act of 1933 that 
                        a class of its securities are purchased or 
                        redeemed, subject to conditions or limitations, 
                        for a ratable share of its assets.
            (3) The term ``FINRA'' means the Financial Industry 
        Regulatory Authority.
            (4) The term ``research report'' has the meaning given that 
        term under section 2(a)(3) of the Securities Act of 1933 (15 
        U.S.C. 77b(a)(3)), except that such term shall not include an 
        oral communication.
            (5) The term ``self-regulatory organization'' has the 
        meaning given to that term under section 3(a)(26) of the 
        Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(26)).

    annual review of government-business forum on capital formation

    Sec. 912. 
    Section 503 of the Small Business Investment Incentive Act of 1980 
(15 U.S.C. 80c-1) is amended by adding at the end the following:
    ``(e) The Commission shall--
            ``(1) review the findings and recommendations of the forum; 
        and
            ``(2) each time the forum submits a finding or 
        recommendation to the Commission, promptly issue a public 
        statement--
                    ``(A) assessing the finding or recommendation of 
                the forum; and
                    ``(B) disclosing the action, if any, the Commission 
                intends to take with respect to the finding or 
                recommendation.''.

                    helping angles lead our startups

    Sec. 913. 
    (a) Definition of Angel Investor Group.--As used in this subtitle, 
the term ``angel investor group'' means any group that--
            (1) is composed of accredited investors interested in 
        investing personal capital in early-stage companies;
            (2) holds regular meetings and has defined processes and 
        procedures for making investment decisions, either individually 
        or among the membership of the group as a whole; and
            (3) is neither associated nor affiliated with brokers, 
        dealers, or investment advisers.
    (b) Clarification of General Solicitation.--
            (1) In general.--Not later than 6 months after the date of 
        enactment of this Act, the Securities and Exchange Commission 
        shall revise Regulation D of its rules (17 CFR 230.500 et seq.) 
        to require that in carrying out the prohibition against general 
        solicitation or general advertising contained in section 
        230.502(c) of title 17, Code of Federal Regulations, the 
        prohibition shall not apply to a presentation or other 
        communication made by or on behalf of an issuer which is made 
        at an event--
                    (A) sponsored by--
                            (i) the United States or any territory 
                        thereof, by the District of Columbia, by any 
                        State, by a political subdivision of any State 
                        or territory, or by any agency or public 
                        instrumentality of any of the foregoing;
                            (ii) a college, university, or other 
                        institution of higher education;
                            (iii) a nonprofit organization;
                            (iv) an angel investor group;
                            (v) a venture forum, venture capital 
                        association, or trade association; or
                            (vi) any other group, person or entity as 
                        the Securities and Exchange Commission may 
                        determine by rule;
                    (B) where any advertising for the event does not 
                reference any specific offering of securities by the 
                issuer;
                    (C) the sponsor of which--
                            (i) does not make investment 
                        recommendations or provide investment advice to 
                        event attendees;
                            (ii) does not engage in an active role in 
                        any investment negotiations between the issuer 
                        and investors attending the event;
                            (iii) does not charge event attendees any 
                        fees other than administrative fees; and
                            (iv) does not receive any compensation with 
                        respect to such event that would require 
                        registration of the sponsor as a broker or a 
                        dealer under the Securities Exchange Act of 
                        1934, or as an investment advisor under the 
                        Investment Advisers Act of 1940; and
                    (D) where no specific information regarding an 
                offering of securities by the issuer is communicated or 
                distributed by or on behalf of the issuer, other than--
                            (i) that the issuer is in the process of 
                        offering securities or planning to offer 
                        securities;
                            (ii) the type and amount of securities 
                        being offered;
                            (iii) the amount of securities being 
                        offered that have already been subscribed for; 
                        and
                            (iv) the intended use of proceeds of the 
                        offering.
            (2) Rule of construction.--Paragraph (1) may only be 
        construed as requiring the Securities and Exchange Commission 
        to amend the requirements of Regulation D with respect to 
        presentations and communications, and not with respect to 
        purchases or sales.

        investor limitation for qualifying venture capital funds

    Sec. 914. 
    Section 3(c)(1) of the Investment Company Act of 1940 (15 U.S.C. 
80a-3(c)(1)) is amended--
            (1) by inserting after ``one hundred persons'' the 
        following: ``(or, with respect to a qualifying venture capital 
        fund, 500 persons)''; and
            (2) by adding at the end the following:
                    ``(C) The term `qualifying venture capital fund' 
                means any venture capital fund (as defined pursuant to 
                section 203(l)(1) of the Investment Advisers Act of 
                1940 (15 U.S.C. 80b-3(l)(1)) with no more than 
                $50,000,000 in aggregate capital contributions and 
                uncalled committed capital, as such dollar amount is 
                annually adjusted by the Commission to reflect the 
                change in the Consumer Price Index for All Urban 
                Consumers published by the Bureau of Labor Statistics 
                of the Department of Labor.''.

                          manufactured housing

    Sec. 915. 
    (a) Mortgage Originator Definition.--Section 103 of the Truth in 
Lending Act (15 U.S.C. 1602) is amended--
            (1) by redesignating the second subsection (cc) and 
        subsection (dd) as subsections (dd) and (ee), respectively; and
            (2) in paragraph (2)(C) of subsection (dd), as so 
        redesignated, by striking ``an employee of a retailer of 
        manufactured homes who is not described in clause (i) or (iii) 
        of subparagraph (A) and who does not advise a consumer on loan 
        terms (including rates, fees, and other costs)'' and inserting 
        ``a retailer of manufactured or modular homes or its employees 
        unless such retailer or its employees receive compensation or 
        gain for engaging in activities described in subparagraph (A) 
        that is in excess of any compensation or gain received in a 
        comparable cash transaction''.
    (b) High-Cost Mortgage Definition.--Section 103 of the Truth in 
Lending Act (15 U.S.C. 1602), as amended by subsection (a), is further 
amended--
            (1) by redesignating subsection (aa) (relating to 
        disclosure of greater amount or percentage), as so designated 
        by section 1100A of the Consumer Financial Protection Act of 
        2010, as subsection (bb);
            (2) by redesignating subsection (bb) (relating to high cost 
        mortgages), as so designated by section 1100A of the Consumer 
        Financial Protection Act of 2010, as subsection (aa), and 
        moving such subsection to immediately follow subsection (z); 
        and
            (3) in subsection (aa)(1)(A), as so redesignated--
                    (A) in clause (i)(I), by striking ``(8.5 percentage 
                points, if the dwelling is personal property and the 
                transaction is for less than $50,000)'' and inserting 
                ``(10 percentage points if the dwelling is personal 
                property or is a transaction that does not include the 
                purchase of real property on which a dwelling is to be 
                placed, and the transaction is for less than $75,000 
                (as such amount is adjusted by the Bureau to reflect 
                the change in the Consumer Price Index))''; and
                    (B) in clause (ii)--
                            (i) in subclause (I), by striking ``or'' at 
                        the end; and
                            (ii) by adding at the end the following:
                                    ``(III) in the case of a 
                                transaction for less than $75,000 (as 
                                such amount is adjusted by the Bureau 
                                to reflect the change in the Consumer 
                                Price Index) in which the dwelling is 
                                personal property (or is a consumer 
                                credit transaction that does not 
                                include the purchase of real property 
                                on which a dwelling is to be placed) 
                                the greater of 5 percent of the total 
                                transaction amount or $3,000 (as such 
                                amount is adjusted by the Bureau to 
                                reflect the change in the Consumer 
                                Price Index); or''.

    requirements for deposit account termination requests and orders

    Sec. 916. 
    (a) Termination Requests or Orders Must Be Material.--
            (1) In general.--An appropriate Federal banking agency may 
        not formally or informally request or order a depository 
        institution to terminate a specific customer account or group 
        of customer accounts or to otherwise restrict or discourage a 
        depository institution from entering into or maintaining a 
        banking relationship with a specific customer or group of 
        customers unless--
                    (A) the agency has a material reason for such 
                request or order; and
                    (B) such reason is not based solely on reputation 
                risk.
            (2) Treatment of national security threats.--If an 
        appropriate Federal banking agency believes a specific customer 
        or group of customers is, or is acting as a conduit for, an 
        entity which--
                    (A) poses a threat to national security;
                    (B) is involved in terrorist financing;
                    (C) is an agency of the government of Iran, North 
                Korea, Syria, or any country listed from time to time 
                on the State Sponsors of Terrorism list;
                    (D) is located in, or is subject to the 
                jurisdiction of, any country specified in subparagraph 
                (C); or
                    (E) does business with any entity described in 
                subparagraph (C) or (D), unless the appropriate Federal 
                banking agency determines that the customer or group of 
                customers has used due diligence to avoid doing 
                business with any entity described in subparagraph (C) 
                or (D),
        such belief shall satisfy the requirement under paragraph (1).
    (b) Notice Requirement.--
            (1) In general.--If an appropriate Federal banking agency 
        formally or informally requests or orders a depository 
        institution to terminate a specific customer account or a group 
        of customer accounts, the agency shall--
                    (A) provide such request or order to the 
                institution in writing; and
                    (B) accompany such request or order with a written 
                justification for why such termination is needed, 
                including any specific laws or regulations the agency 
                believes are being violated by the customer or group of 
                customers, if any.
            (2) Justification requirement.--A justification described 
        under paragraph (1)(B) may not be based solely on the 
        reputation risk to the depository institution.
    (c) Customer Notice.--
            (1) Notice required.--Except as provided under paragraph 
        (2), if an appropriate Federal banking agency orders a 
        depository institution to terminate a specific customer account 
        or a group of customer accounts, the depository institution 
        shall inform the customer or customers of the justification for 
        the customer's account termination described under subsection 
        (b).
            (2) Notice prohibited in cases of national security.--If an 
        appropriate Federal banking agency requests or orders a 
        depository institution to terminate a specific customer account 
        or a group of customer accounts based on a belief that the 
        customer or customers pose a threat to national security, or 
        are otherwise described under subsection (a)(2), neither the 
        depository institution nor the appropriate Federal banking 
        agency may inform the customer or customers of the 
        justification for the customer's account termination.
    (d) Reporting Requirement.--Each appropriate Federal banking agency 
shall issue an annual report to the Congress stating--
            (1) the aggregate number of specific customer accounts that 
        the agency requested or ordered a depository institution to 
        terminate during the previous year; and
            (2) the legal authority on which the agency relied in 
        making such requests and orders and the frequency on which the 
        agency relied on each such authority.
    (e) Definitions.--For purposes of this section:
            (1) Appropriate federal banking agency.--The term 
        ``appropriate Federal banking agency'' means--
                    (A) the appropriate Federal banking agency, as 
                defined under section 3 of the Federal Deposit 
                Insurance Act (12 U.S.C. 1813); and
                    (B) the National Credit Union Administration, in 
                the case of an insured credit union.
            (2) Depository institution.--The term ``depository 
        institution'' means--
                    (A) a depository institution, as defined under 
                section 3 of the Federal Deposit Insurance Act (12 
                U.S.C. 1813); and
                    (B) an insured credit union.

    amendments to the financial institutions reform, recovery, and 
                        enforcement act of 1989

    Sec. 917. 
    Section 951 of the Financial Institutions Reform, Recovery, and 
Enforcement Act of 1989 (12 U.S.C. 1833a) is amended--
            (1) in subsection (c)(2), by striking ``affecting a 
        federally insured financial institution'' and inserting 
        ``against a federally insured financial institution or by a 
        federally insured financial institution against an unaffiliated 
        third person''; and
            (2) in subsection (g)--
                    (A) in the heading, by striking ``Subpoenas'' and 
                inserting ``Investigations''; and
                    (B) by amending paragraph (1)(C) to read as 
                follows:
                    ``(C) summon witnesses and require the production 
                of any books, papers, correspondence, memoranda, or 
                other records which the Attorney General deems relevant 
                or material to the inquiry, if the Attorney General--
                            ``(i) requests a court order from a court 
                        of competent jurisdiction for such actions and 
                        offers specific and articulable facts showing 
                        that there are reasonable grounds to believe 
                        that the information or testimony sought is 
                        relevant and material for conducting an 
                        investigation under this section; or
                            ``(ii) either personally or through 
                        delegation no lower than the Deputy Attorney 
                        General, issues and signs a subpoena for such 
                        actions and such subpoena is supported by 
                        specific and articulable facts showing that 
                        there are reasonable grounds to believe that 
                        the information or testimony sought is relevant 
                        for conducting an investigation under this 
                        section.''.

            safe harbor for certain loans held on portfolio

    Sec. 918. 
    (a) In General.--Section 129C of the Truth in Lending Act (15 
U.S.C. 1639c) is amended by adding at the end the following:
    ``(j) Safe Harbor for Certain Loans Held on Portfolio.--
            ``(1) Safe harbor for creditors that are depository 
        institutions.--
                    ``(A) In general.--A creditor that is a depository 
                institution shall not be subject to suit for failure to 
                comply with subsection (a), (c)(1), or (f)(2) of this 
                section or section 129H with respect to a residential 
                mortgage loan, and the banking regulators shall treat 
                such loan as a qualified mortgage, if--
                            ``(i) the creditor has, since the 
                        origination of the loan, held the loan on the 
                        balance sheet of the creditor; and
                            ``(ii) all prepayment penalties with 
                        respect to the loan comply with the limitations 
                        described under subsection (c)(3).
                    ``(B) Exception for certain transfers.--In the case 
                of a depository institution that transfers a loan 
                originated by that institution to another depository 
                institution by reason of the bankruptcy or failure of 
                the originating depository institution or the purchase 
                of the originating depository institution, the 
                depository institution transferring such loan shall be 
                deemed to have complied with the requirement under 
                subparagraph (A)(i).
            ``(2) Safe harbor for mortgage originators.--A mortgage 
        originator shall not be subject to suit for a violation of 
        section 129B(c)(3)(B) for steering a consumer to a residential 
        mortgage loan if--
                    ``(A) the creditor of such loan is a depository 
                institution and has informed the mortgage originator 
                that the creditor intends to hold the loan on the 
                balance sheet of the creditor for the life of the loan; 
                and
                    ``(B) the mortgage originator informs the consumer 
                that the creditor intends to hold the loan on the 
                balance sheet of the creditor for the life of the loan.
            ``(3) Definitions.--For purposes of this subsection:
                    ``(A) Banking regulators.--The term `banking 
                regulators' means the Federal banking agencies, the 
                Bureau, and the National Credit Union Administration.
                    ``(B) Depository institution.--The term `depository 
                institution' has the meaning given that term under 
                section 19(b)(1) of the Federal Reserve Act (12 U.S.C. 
                505(b)(1)).
                    ``(C) Federal banking agencies.--The term `Federal 
                banking agencies' has the meaning given that term under 
                section 3 of the Federal Deposit Insurance Act.''.
    (b) Rule of Construction.--Nothing in the amendment made by this 
section may be construed as preventing a balloon loan from qualifying 
for the safe harbor provided under section 129C(j) of the Truth in 
Lending Act if the balloon loan otherwise meets all of the requirements 
under such subsection (j), regardless of whether the balloon loan meets 
the requirements described under clauses (i) through (iv) of section 
129C(b)(2)(E) of such Act.

  changes required to small bank holding company policy statement on 
             assessment of financial and managerial factors

    Sec. 919. 
    (a) In General.--Before the end of the 6-month period beginning on 
the date of the enactment of this Act, the Board of Governors of the 
Federal Reserve System shall revise the Small Bank Holding Company 
Policy Statement on Assessment of Financial and Managerial Factors (12 
CFR part 225--appendix C) to raise the consolidated asset threshold 
under such policy statement from $1,000,000,000 (as adjusted by Public 
Law 113-250) to $10,000,000,000.
    (b) Conforming Amendment.--Subparagraph (C) of section 171(b)(5) of 
the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 
U.S.C. 5371(b)(5)) is amended to read as follows:
                    ``(C) any bank holding company or savings and loan 
                holding company that is subject to the application of 
                the Small Bank Holding Company Policy Statement on 
                Assessment of Financial and Managerial Factors of the 
                Board of Governors (12 CFR part 225--appendix C).''.

            community financial institution mortgage relief

    Sec. 920. 
    (a) Exemption From Escrow Requirements for Loans Held by Smaller 
Creditors.--Section 129D of the Truth in Lending Act (15 U.S.C. 1639d) 
is amended--
            (1) by adding at the end the following:
    ``(k) Safe Harbor for Loans Held by Smaller Creditors.--
            ``(1) In general.--A creditor shall not be in violation of 
        subsection (a) with respect to a loan if--
                    ``(A) the creditor has consolidated assets of 
                $10,000,000,000 or less; and
                    ``(B) the creditor holds the loan on the balance 
                sheet of the creditor for the 3-year period beginning 
                on the date of the origination of the loan.
            ``(2) Exception for certain transfers.--In the case of a 
        creditor that transfers a loan to another person by reason of 
        the bankruptcy or failure of the creditor, the purchase of the 
        creditor, or a supervisory act or recommendation from a State 
        or Federal regulator, the creditor shall be deemed to have 
        complied with the requirement under paragraph (1)(B).''; and
            (2) by striking the term ``Board'' each place such term 
        appears and inserting ``Bureau''.
    (b) Modification to Exemption for Small Servicers of Mortgage 
Loans.--Section 6 of the Real Estate Settlement Procedures Act of 1974 
(12 U.S.C. 2605) is amended by adding at the end the following:
    ``(n) Small Servicer Exemption.--The Bureau shall, by regulation, 
provide exemptions to, or adjustments for, the provisions of this 
section for a servicer that annually services 20,000 or fewer mortgage 
loans, in order to reduce regulatory burdens while appropriately 
balancing consumer protections.''.

               regulations appropriate to business models

    Sec. 921. 
    (a) In General.--For any regulatory action occurring after the date 
of the enactment of this Act, each Federal financial institutions 
regulatory agency shall--
            (1) take into consideration the risk profile and business 
        models of each type of institution or class of institutions 
        subject to the regulatory action;
            (2) determine the necessity, appropriateness, and impact of 
        applying such regulatory action to such institutions or classes 
        of institutions; and
            (3) tailor such regulatory action in a manner that limits 
        the regulatory compliance impact, cost, liability risk, and 
        other burdens, as appropriate, for the risk profile and 
        business model of the institution or class of institutions 
        involved.
    (b) Other Considerations.--In carrying out the requirements of 
subsection (a), each Federal financial institutions regulatory agency 
shall consider--
            (1) the impact that such regulatory action, both by itself 
        and in conjunction with the aggregate effect of other 
        regulations, has on the ability of the applicable institution 
        or class of institutions to serve evolving and diverse customer 
        needs;
            (2) the potential impact of examination manuals, regulatory 
        actions taken with respect to third-party service providers, or 
        other regulatory directives that may be in conflict or 
        inconsistent with the tailoring of such regulatory action 
        described in subsection (a)(3); and
            (3) the underlying policy objectives of the regulatory 
        action and statutory scheme involved.
    (c) Notice of Proposed and Final Rulemaking.--Each Federal 
financial institutions regulatory agency shall disclose in every notice 
of proposed rulemaking and in any final rulemaking for a regulatory 
action how the agency has applied subsections (a) and (b).
    (d) Reports to Congress.--
            (1) Individual agency reports.--
                    (A) In general.--Not later than 1 year after the 
                date of the enactment of this Act and annually 
                thereafter, each Federal financial institutions 
                regulatory agency shall report to the Committee on 
                Financial Services of the House of Representatives and 
                the Committee on Banking, Housing, and Urban Affairs of 
                the Senate on the specific actions taken to tailor the 
                regulatory actions of the agency pursuant to the 
                requirements of this Act.
                    (B) Appearance before the committees.--The head of 
                each Federal financial institution regulatory agency 
                shall appear before the Committee on Financial Services 
                of the House of Representatives and the Committee on 
                Banking, Housing, and Urban Affairs of the Senate after 
                each report is made pursuant to subparagraph (A) to 
                testify on the contents of such report.
            (2) FIEC reports.--
                    (A) In general.--Not later than 3 months after each 
                report is submitted under paragraph (1), the Financial 
                Institutions Examination Council shall report to the 
                Committee on Financial Services of the House of 
                Representatives and the Committee on Banking, Housing, 
                and Urban Affairs of the Senate on--
                            (i) the extent to which regulatory actions 
                        tailored pursuant to this Act result in 
                        different treatment of similarly situated 
                        institutions of diverse charter types; and
                            (ii) the reasons for such differential 
                        treatment.
                    (B) Appearance before the committees.--The Chairman 
                of the Financial Institutions Examination Council shall 
                appear before the Committee on Financial Services of 
                the House of Representatives and the Committee on 
                Banking, Housing, and Urban Affairs of the Senate after 
                each report is made pursuant to subparagraph (A) to 
                testify on the contents of such report.
    (e) Limited Look-Back Application.--
            (1) In general.--Each Federal financial institutions 
        regulatory agency shall conduct a review of all regulations 
        adopted during the period beginning on the date that is seven 
        years before the date of the introduction of this Act in the 
        House of Representatives and ending on the date of the 
        enactment of this Act, and apply the requirements of this Act 
        to such regulations.
            (2) Revision.--If the application of the requirements of 
        this Act to any such regulation requires such regulation to be 
        revised, the applicable Federal financial institutions 
        regulatory agency shall revise such regulation within 3 years 
        of the enactment of this Act.
    (f) Definitions.--In this Act, the following definitions shall 
apply:
            (1) Federal financial institutions regulatory agencies.--
        The term ``Federal financial institutions regulatory agencies'' 
        means the Office of the Comptroller of the Currency, the Board 
        of Governors of the Federal Reserve System, the Federal Deposit 
        Insurance Corporation, the National Credit Union 
        Administration, and the Bureau of Consumer Financial 
        Protection.
            (2) Regulatory action.--The term ``regulatory action'' 
        means any proposed, interim, or final rule or regulation, 
        guidance, or published interpretation.

           eliminating barriers to jobs for loan originators

    Sec. 922. 
    (a) In General.--The S.A.F.E. Mortgage Licensing Act of 2008 (12 
U.S.C. 5101 et seq.) is amended by adding at the end the following:

``SEC. 1518. EMPLOYMENT TRANSITION OF LOAN ORIGINATORS.

    ``(a) Temporary Authority to Originate Loans for Loan Originators 
Moving From a Depository Institution to a Non-depository Institution.--
            ``(1) In general.--Upon employment by a State-licensed 
        mortgage company, an individual who is a registered loan 
        originator shall be deemed to have temporary authority to act 
        as a loan originator in an application State for the period 
        described in paragraph (2) if the individual--
                    ``(A) has not had an application for a loan 
                originator license denied, or had such a license 
                revoked or suspended in any governmental jurisdiction;
                    ``(B) has not been subject to or served with a 
                cease and desist order in any governmental jurisdiction 
                or as described in section 1514(c);
                    ``(C) has not been convicted of a felony that would 
                preclude licensure under the law of the application 
                State;
                    ``(D) has submitted an application to be a State-
                licensed loan originator in the application State; and
                    ``(E) was registered in the Nationwide Mortgage 
                Licensing System and Registry as a loan originator 
                during the 12-month period preceding the date of 
                submission of the information required under section 
                1505(a).
            ``(2) Period.--The period described in paragraph (1) shall 
        begin on the date that the individual submits the information 
        required under section 1505(a) and shall end on the earliest 
        of--
                    ``(A) the date that the individual withdraws the 
                application to be a State-licensed loan originator in 
                the application State;
                    ``(B) the date that the application State denies, 
                or issues a notice of intent to deny, the application;
                    ``(C) the date that the application State grants a 
                State license; or
                    ``(D) the date that is 120 days after the date on 
                which the individual submits the application, if the 
                application is listed on the Nationwide Mortgage 
                Licensing System and Registry as incomplete.
    ``(b) Temporary Authority to Originate Loans for State-licensed 
Loan Originators Moving Interstate.--
            ``(1) In general.--A State-licensed loan originator shall 
        be deemed to have temporary authority to act as a loan 
        originator in an application State for the period described in 
        paragraph (2) if the State-licensed loan originator--
                    ``(A) meets the requirements of subparagraphs (A), 
                (B), (C), and (D) of subsection (a)(1);
                    ``(B) is employed by a State-licensed mortgage 
                company in the application State; and
                    ``(C) was licensed in a State that is not the 
                application State during the 30-day period preceding 
                the date of submission of the information required 
                under section 1505(a) in connection with the 
                application submitted to the application State.
            ``(2) Period.--The period described in paragraph (1) shall 
        begin on the date that the State-licensed loan originator 
        submits the information required under section 1505(a) in 
        connection with the application submitted to the application 
        State and end on the earliest of--
                    ``(A) the date that the State-licensed loan 
                originator withdraws the application to be a State-
                licensed loan originator in the application State;
                    ``(B) the date that the application State denies, 
                or issues a notice of intent to deny, the application;
                    ``(C) the date that the application State grants a 
                State license; or
                    ``(D) the date that is 120 days after the date on 
                which the State-licensed loan originator submits the 
                application, if the application is listed on the 
                Nationwide Mortgage Licensing System and Registry as 
                incomplete.
    ``(c) Applicability.--
            ``(1) Any person employing an individual who is deemed to 
        have temporary authority to act as a loan originator in an 
        application State pursuant to this section shall be subject to 
        the requirements of this title and to applicable State law to 
        the same extent as if such individual was a State-licensed loan 
        originator licensed by the application State.
            ``(2) Any individual who is deemed to have temporary 
        authority to act as a loan originator in an application State 
        pursuant to this section and who engages in residential 
        mortgage loan origination activities shall be subject to the 
        requirements of this title and to applicable State law to the 
        same extent as if such individual was a State-licensed loan 
        originator licensed by the application State.
    ``(d) Definitions.--In this section, the following definitions 
shall apply:
            ``(1) State-licensed mortgage company.--The term `State-
        licensed mortgage company' means an entity licensed or 
        registered under the law of any State to engage in residential 
        mortgage loan origination and processing activities.
            ``(2) Application state.--The term `application State' 
        means a State in which a registered loan originator or a State-
        licensed loan originator seeks to be licensed.''.
    (b) Table of Contents Amendment.--The table of contents in section 
1(b) of the Housing and Economic Recovery Act of 2008 (42 U.S.C. 4501 
note) is amended by inserting after the item relating to section 1517 
the following:

``Sec. 1518. Employment transition of loan originators.''.
    (c) Amendment to Civil Liability of the Bureau and Other 
Officials.--Section 1513 of the S.A.F.E. Mortgage Licensing Act of 2008 
(12 U.S.C. 5112) is amended by striking ``are loan originators or are 
applying for licensing or registration as loan originators'' and 
inserting ``are applying for licensing or registration using the 
Nationwide Mortgage Licensing System and Registry''.
    (d) Effective Date.--This section and the amendments made by this 
section shall take effect on the date that is 18 months after the date 
of the enactment of this Act.

            small business loan data collection requirement

    Sec. 923. 
    (a) Repeal.--Section 704B of the Equal Credit Opportunity Act (15 
U.S.C. 1691c-2) is repealed.
    (b) Conforming Amendments.--Section 701(b) of the Equal Credit 
Opportunity Act (15 U.S.C. 1691(b)) is amended--
            (1) in paragraph (3), by inserting ``or'' at the end;
            (2) in paragraph (4), by striking ``; or'' and inserting a 
        period; and
            (3) by striking paragraph (5).
    (c) Clerical Amendment.--The table of sections for title VII of the 
Consumer Credit Protection Act is amended by striking the item relating 
to section 704B.

     depository institutions subject to maintenance of records and 
                        disclosure requirements

    Sec. 924. 
    (a) In General.--Section 304 of the Home Mortgage Disclosure Act of 
1975 (12 U.S.C. 2803) is amended--
            (1) by redesignating subsection (i) as paragraph (2) and 
        adjusting the margin appropriately; and
            (2) by inserting before such paragraph (2) the following:
    ``(i) Exemptions.--
            ``(1) In general.--With respect to a depository 
        institution, the requirements of subsections (a) and (b) shall 
        not apply--
                    ``(A) with respect to closed-end mortgage loans, if 
                such depository institution originated less than 100 
                closed-end mortgage loans in each of the two preceding 
                calendar years; and
                    ``(B) with respect to open-end lines of credit, if 
                such depository institution originated less than 200 
                open-end lines of credit in each of the two preceding 
                calendar years.''.
    (b) Technical Correction.--Section 304(i)(2) of such Act, as 
redesignated by subsection (a), is amended by striking ``section 
303(2)(A)'' and inserting ``section 303(3)(A)''.

                rate of interest after transfer of loan

    Sec. 925. 
    (a) Amendment to the Revised Statutes.--Section 5197 of the Revised 
Statutes of the United States (12 U.S.C. 85) is amended by adding at 
the end the following new sentence: ``A loan that is valid when made as 
to its maximum rate of interest in accordance with this section shall 
remain valid with respect to such rate regardless of whether the loan 
is subsequently sold, assigned, or otherwise transferred to a third 
party, and may be enforced by such third party notwithstanding any 
State law to the contrary.''.
    (b) Amendment to the Home Owners' Loan Act.--Section 4(g)(1) of the 
Home Owners' Loan Act (12 U.S.C. 1463(g)(1)) is amended by adding at 
the end the following new sentence: ``A loan that is valid when made as 
to its maximum rate of interest in accordance with this subsection 
shall remain valid with respect to such rate regardless of whether the 
loan is subsequently sold, assigned, or otherwise transferred to a 
third party, and may be enforced by such third party notwithstanding 
any State law to the contrary.''.
    (c) Amendment to the Federal Credit Union Act.--Section 205(g)(1) 
of the Federal Credit Union Act (12 U.S.C. 1785(g)(1)) is amended by 
adding at the end the following new sentence: ``A loan that is valid 
when made as to its maximum rate of interest in accordance with this 
subsection shall remain valid with respect to such rate regardless of 
whether the loan is subsequently sold, assigned, or otherwise 
transferred to a third party, and may be enforced by such third party 
notwithstanding any State law to the contrary.''.
    (d) Amendment to the Federal Deposit Insurance Act.--Section 27(a) 
of the Federal Deposit Insurance Act (12 U.S.C. 1831d(a)) is amended by 
adding at the end the following new sentence: ``A loan that is valid 
when made as to its maximum rate of interest in accordance with this 
section shall remain valid with respect to such rate regardless of 
whether the loan is subsequently sold, assigned, or otherwise 
transferred to a third party, and may be enforced by such third party 
notwithstanding any State law to the contrary.''.

      bringing the bureau into the regular appropriations process

    Sec. 926. 
    (a) In General.--Section 1017 of the Consumer Financial Protection 
Act of 2010 (12 U.S.C. 5497) is amended--
            (1) in subsection (a)--
                    (A) by amending the heading of such subsection to 
                read as follows: ``Budget, Financial Management, and 
                Audit.--'';
                    (B) by striking paragraphs (1), (2), and (3);
                    (C) by redesignating paragraphs (4) and (5) as 
                paragraphs (1) and (2), respectively; and
                    (D) by striking subparagraphs (E) and (F) of 
                paragraph (1), as so redesignated;
            (2) by striking subsections (b) and (c);
            (3) by redesignating subsections (d) and (e) as subsections 
        (b) and (c), respectively; and
            (4) in subsection (c), as so redesignated--
                    (A) by striking paragraphs (1), (2), and (3) and 
                inserting the following:
            ``(1) Authorization of appropriations.--There is authorized 
        to be appropriated to the Bureau for each of fiscal years 2018 
        and 2019 an amount equal to the aggregate amount of funds 
        transferred by the Board of Governors to the Bureau during 
        fiscal year 2015.''; and
                    (B) by redesignating paragraph (4) as paragraph 
                (2).
    (b) Effective Date.--
            (1) In general.--The amendments made by subsection (a) 
        shall take effect on October 1, 2018.
            (2) Immediate repeal of reviewability provision.--
        Notwithstanding paragraph (1), subparagraph (C) of section 
        1017(a)(2) of the Consumer Financial Protection Act of 2010 (12 
        U.S.C. 5497(a)(2)) is repealed effective on the date of the 
        enactment of this Act.

                  elimination of supervision authority

    Sec. 927. 
    (a) In General.--The Consumer Financial Protection Act of 2010 (12 
U.S.C. 5481 et seq.) is amended--
            (1) in section 1002(15)(B)(ii)(I), by striking 
        ``examination or'';
            (2) in section 1013(a)(1)(B), by striking ``compliance 
        examiners, compliance supervision analysts,'';
            (3) in section 1016(c)--
                    (A) in paragraph (5), by striking ``supervisory 
                and''; and
                    (B) in paragraph (6), by striking ``orders, and 
                supervisory actions'' and inserting ``and orders'';
            (4) in section 1024--
                    (A) in the heading, by striking ``supervision of'' 
                and inserting ``authority with respect to certain'';
                    (B) in subsection (a)--
                            (i) in paragraph (1)(B), by striking ``as 
                        defined by rule in accordance with paragraph 
                        (2)'' and inserting ``as of the date of the 
                        enactment of the Financial CHOICE Act of 
                        2017'';
                            (ii) by striking paragraph (2);
                            (iii) by redesignating paragraph (3) as 
                        paragraph (2); and
                            (iv) in subparagraph (A) of paragraph (2), 
                        as so redesignated, by striking ``1025(a) or'';
                    (C) by striking subsection (b);
                    (D) by redesignating subsections (c), (d), (e), and 
                (f) as subsections (b), (c), (d), and (e), 
                respectively;
                    (E) in subsection (c), as so redesignated--
                            (i) in the heading, by striking ``and 
                        Examination Authority''; and
                            (ii) by striking ``, conduct 
                        examinations,'' each place such term appears;
                    (F) in subsection (d), as so redesignated--
                            (i) by inserting ``rulemaking and 
                        enforcement, but not supervisory,'' before 
                        ``authority of the Bureau''; and
                            (ii) by striking ``conducting any 
                        examination or requiring any report from a 
                        service provider subject to this subsection'' 
                        and inserting ``carrying out any authority 
                        pursuant to this subsection with respect to a 
                        service provider'';
            (5) by striking section 1025;
            (6) in section 1026--
                    (A) by amending subsection (a) to read as follows:
    ``(a) Scope of Coverage.--This section shall apply to any covered 
person that is an insured depository institution or an insured credit 
union.'';
                    (B) in subsection (b)(3), by striking ``report of 
                examination or related'';
                    (C) by striking subsection (c);
                    (D) by redesignating subsections (d) and (e) as 
                subsections (c) and (d), respectively;
                    (E) in subsection (c), as so redesignated, by 
                adding at the end the following:
            ``(3) Very large institutions.--
                    ``(A) Primary enforcement authority.--
                Notwithstanding paragraph (1), to the extent that the 
                Bureau and another Federal agency are authorized to 
                enforce a Federal consumer financial law, the Bureau 
                shall have primary authority to enforce that Federal 
                consumer financial law with respect to an insured 
                depository institution or insured credit union, if such 
                depository institution or credit union has total assets 
                of more than $10,000,000,000, and any affiliate 
                thereof.
                    ``(B) Referral.--Any Federal agency, other than the 
                Federal Trade Commission, that is authorized to enforce 
                a Federal consumer financial law may recommend, in 
                writing, to the Bureau that the Bureau initiate an 
                enforcement proceeding with respect to a person 
                described in subparagraph (A), as the Bureau is 
                authorized to do by that Federal consumer financial 
                law.
                    ``(C) Backup enforcement authority.--If the Bureau 
                does not, before the end of the 120-day period 
                beginning on the date on which the Bureau receives a 
                recommendation under subparagraph (B), initiate an 
                enforcement proceeding, the other agency referred to in 
                subparagraph (B) may initiate an enforcement 
                proceeding.''; and
                    (F) in subsection (d), as so redesignated--
                            (i) by inserting after ``subsection (a)'' 
                        the following: ``, or to any person described 
                        under subsection (c)(3)(A),'';
                            (ii) by striking ``section 1025'' and 
                        inserting ``this section''; and
                            (iii) by striking ``When conducting any 
                        examination or requiring any report from a 
                        service provider subject to this subsection'' 
                        and inserting ``In carrying out any authority 
                        pursuant to this subsection with respect to a 
                        service provider'';
            (7) in section 1027--
                    (A) by striking ``supervisory,'' each place such 
                term appears;
                    (B) in subsection (e)(1), by striking ``supervisory 
                or''; and
                    (C) in subsection (p), by striking ``section 
                1024(c)(1)'' and inserting ``section 1024(b)(1)'';
            (8) in section 1034--
                    (A) by striking subsections (b) and (c); and
                    (B) by redesignating subsection (d) as subsection 
                (b);
            (9) in section 1053--
                    (A) in subsection (b)(1)(A), by striking ``sections 
                1024, 1025, and 1026'' and inserting ``sections 1024 
                and 1026''; and
                    (B) in subsection (c)(3)(B)(ii)(II), by striking 
                ``, by examination or otherwise,'';
            (10) in section 1054(a), by striking ``sections 1024, 1025, 
        and 1026'' and inserting ``sections 1024 and 1026'';
            (11) in section 1061--
                    (A) in subsection (a)(1)--
                            (i) in subparagraph (A), by striking ``; 
                        and'' at the end and inserting a period;
                            (ii) by striking ``means--'' and all that 
                        follows through ``(A) all'' and inserting 
                        ``means all''; and
                            (iii) by striking subparagraph (B); and
                    (B) in subsection (c)--
                            (i) by amending paragraph (1) to read as 
                        follows:
            ``(1) Examination.--A transferor agency that is a 
        prudential regulator shall have exclusive authority (relative 
        to the Bureau) to require reports from and conduct examinations 
        for compliance with Federal consumer financial laws with 
        respect to a person described in section 1026(a).''; and
                            (ii) in paragraph (2)--
                                    (I) by striking subparagraph (A); 
                                and
                                    (II) by redesignating subparagraphs 
                                (B) and (C) as subparagraphs (A) and 
                                (B), respectively;
            (12) in section 1063, by striking ``sections 1024, 1025, 
        and 1026'' each place such term appears and inserting 
        ``sections 1024 and 1026''; and
            (13) in section 1067, by striking subsection (e).
    (b) Home Mortgage Disclosure Act of 1975.--Section 305(d) of the 
Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2804(d)) is amended by 
striking ``examine and''.
    (c) Omnibus Appropriations Act, 2009.--Section 626 of the Omnibus 
Appropriations Act, 2009 (15 U.S.C. 1638 note) is repealed.
    (d) Clerical Amendment.--The table of contents in section 1(b) of 
the Dodd-Frank Wall Street Reform and Consumer Protection Act is 
amended--
            (1) in the item relating to section 1024, by striking 
        ``SUPERVISION OF'' and inserting ``AUTHORITY WITH RESPECT TO 
        CERTAIN''; and
            (2) by striking the item relating to section 1025.

          removal of authority to regulate small-dollar credit

    Sec. 928. 
    The Consumer Financial Protection Act of 2010 (12 U.S.C. 5481 et 
seq.) is amended--
            (1) in section 1024(a)(1)--
                    (A) in subparagraph (C), by adding ``or'' at the 
                end;
                    (B) in subparagraph (D), by striking ``; or'' and 
                inserting a period; and
                    (C) by striking subparagraph (E); and
            (2) in section 1027, by adding at the end the following:
    ``(t) No Authority to Regulate Small-dollar Credit.--The Bureau may 
not exercise any rulemaking, enforcement, or other authority with 
respect to payday loans, vehicle title loans, or other similar 
loans.''.

                   removal of bureau udaap authority

    Sec. 929. 
    (a) In General.--The Consumer Financial Protection Act of 2010 (12 
U.S.C. 5481 et seq.) is amended--
            (1) in section 1021(b)(2), by striking ``from unfair, 
        deceptive, or abusive acts and practices and'';
            (2) by striking section 1031;
            (3) in section 1036(a)--
                    (A) in paragraph (1)--
                            (i) by striking ``provider'' and all that 
                        follows through ``to offer'' and inserting 
                        ``provider to offer'';
                            (ii) by striking subparagraph (B); and
                    (B) in paragraph (2)(C), by striking ``; or'' at 
                the end and inserting a period; and
                    (C) by striking paragraph (3); and
            (4) in section 1061(b)(5)--
                    (A) in subparagraph (B)--
                            (i) by striking ``(i) In general.--''; and
                            (ii) by striking clause (ii);
                    (B) by striking subparagraph (D); and
                    (C) by redesignating subparagraph (E) as 
                subparagraph (D); and
            (5) in section 1076(b)(2), by striking ``determine--'' and 
        all that follows through ``(B) provide for'' and inserting 
        ``determine, provide for''.
    (b) Telemarketing and Consumer Fraud and Abuse Prevention Act.--
Section 3(c) of the Telemarketing and Consumer Fraud and Abuse 
Prevention Act (15 U.S.C. 6102) is amended--
            (1) in paragraph (1), by striking ``; and'' at the end and 
        inserting a period;
            (2) by striking paragraph (2); and
            (3) by striking ``subsection (a)--'' and all that follows 
        through ``(1) shall'' and inserting ``subsection (a) shall''.
    (c) Clerical Amendment.--The table of contents in section 1(b) of 
the Dodd-Frank Wall Street Reform and Consumer Protection Act is 
amended by striking the item relating to section 1031.

              repeal of authority to restrict arbitration

    Sec. 930. 
    (a) In General.--Section 1028 of the Consumer Financial Protection 
Act of 2010 (12 U.S.C. 5518) is hereby repealed.
    (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 1028.

 exemption from risk retention requirements for nonresidential mortgage

    Sec. 931. 
    (a) In General.--Section 15G of the Securities Exchange Act of 1934 
(15 U.S.C. 78o-11) is amended--
            (1) in subsection (a)--
                    (A) in paragraph (3)(B), by striking ``and'' at the 
                end;
                    (B) in paragraph (4)(B), by striking the period and 
                inserting ``; and''; and
                    (C) by adding at the end the following:
            ``(5) the term `asset-backed security' refers only to an 
        asset-backed security that is comprised wholly of residential 
        mortgages.'';
            (2) in subsection (b)--
                    (A) by striking paragraph (1); and
                    (B) by striking ``(2) Residential mortgages.--'';
            (3) by striking subsection (h) and redesignating subsection 
        (i) as subsection (h); and
            (4) in subsection (h) (as so redesignated)--
                    (A) by striking ``effective--'' and all that 
                follows through ``(1) with respect to'' and inserting 
                ``effective with respect to'';
                    (B) in paragraph (1), by striking ``; and'' and 
                inserting a period; and
                    (C) by striking paragraph (2).
    (b) Conforming Amendment.--Section 941 of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act is amended by striking 
subsection (c).

                prohibition on requiring a single ballot

    Sec. 932. 
    Section 14 of the Securities Exchange Act of 1934 (15 U.S.C. 78n) 
is amended by adding at the end the following:
    ``(k) Prohibition on Requiring a Single Ballot.--The Commission may 
not require that a solicitation of a proxy, consent, or authorization 
to vote a security of an issuer in an election of members of the board 
of directors of the issuer be made using a single ballot or card that 
lists both individuals nominated by (or on behalf of) the issuer and 
individuals nominated by (or on behalf of) other proponents and permits 
the person granting the proxy, consent, or authorization to select from 
among individuals in both groups.''.

            repeal of the volcker rule and other provisions

    Sec. 933. 
    (a) In General.--The following sections of title VI of the Dodd-
Frank Wall Street Reform and Consumer Protection Act are repealed, and 
the provisions of law amended or repealed by such sections are restored 
or revived as if such sections had not been enacted:
            (1) Section 618.
            (2) Section 619.
            (3) Section 620.
    (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 items relating to sections 618, 619, and 620.

               TITLE X--FINANCIAL INSTITUTION BANKRUPTCY

SEC. 1001. SHORT TITLE.

    This title may be cited as the ``Financial Institution Bankruptcy 
Act of 2017''.

SEC. 2. GENERAL PROVISIONS RELATING TO COVERED FINANCIAL CORPORATIONS.

    (a) Definition.--Section 101 of title 11, United States Code, is 
amended by inserting the following after paragraph (9):
            ``(9A) The term `covered financial corporation' means any 
        corporation incorporated or organized under any Federal or 
        State law, other than a stockbroker, a commodity broker, or an 
        entity of the kind specified in paragraph (2) or (3) of section 
        109(b), that is--
                    ``(A) a bank holding company, as defined in section 
                2(a) of the Bank Holding Company Act of 1956; or
                    ``(B) a corporation that exists for the primary 
                purpose of owning, controlling and financing its 
                subsidiaries, that has total consolidated assets of 
                $50,000,000,000 or greater, and for which, in its most 
                recently completed fiscal year--
                            ``(i) annual gross revenues derived by the 
                        corporation and all of its subsidiaries from 
                        activities that are financial in nature (as 
                        defined in section 4(k) of the Bank Holding 
                        Company Act of 1956) and, if applicable, from 
                        the ownership or control of one or more insured 
                        depository institutions, represents 85 percent 
                        or more of the consolidated annual gross 
                        revenues of the corporation; or
                            ``(ii) the consolidated assets of the 
                        corporation and all of its subsidiaries related 
                        to activities that are financial in nature (as 
                        defined in section 4(k) of the Bank Holding 
                        Company Act of 1956) and, if applicable, 
                        related to the ownership or control of one or 
                        more insured depository institutions, 
                        represents 85 percent or more of the 
                        consolidated assets of the corporation.''.
    (b) Applicability of Chapters.--Section 103 of title 11, United 
States Code, is amended by adding at the end the following:
    ``(l) Subchapter V of chapter 11 of this title applies only in a 
case under chapter 11 concerning a covered financial corporation.''.
    (c) Who May Be a Debtor.--Section 109 of title 11, United States 
Code, is amended--
            (1) in subsection (b)--
                    (A) in paragraph (2), by striking ``or'' at the 
                end;
                    (B) in paragraph (3)(B), by striking the period at 
                the end and inserting ``; or''; and
                    (C) by adding at the end the following:
            ``(4) a covered financial corporation.''; and
            (2) in subsection (d)--
                    (A) by striking ``and'' before ``an uninsured State 
                member bank'';
                    (B) by striking ``or'' before ``a corporation''; 
                and
                    (C) by inserting ``, or a covered financial 
                corporation'' after ``Federal Deposit Insurance 
                Corporation Improvement Act of 1991''.
    (d) Conversion to Chapter 7.--Section 1112 of title 11, United 
States Code, is amended by adding at the end the following:
    ``(g) Notwithstanding section 109(b), the court may convert a case 
under subchapter V to a case under chapter 7 if--
            ``(1) a transfer approved under section 1185 has been 
        consummated;
            ``(2) the court has ordered the appointment of a special 
        trustee under section 1186; and
            ``(3) the court finds, after notice and a hearing, that 
        conversion is in the best interest of the creditors and the 
        estate.''.
    (e)(1) Section 726(a)(1) of title 11, United States Code, is 
amended by inserting after ``first,'' the following: ``in payment of 
any unpaid fees, costs, and expenses of a special trustee appointed 
under section 1186, and then''.
    (2) Section 1129(a) of title 11, United States Code, is amended by 
inserting after paragraph (16) the following:
            ``(17) In a case under subchapter V, all payable fees, 
        costs, and expenses of the special trustee have been paid or 
        the plan provides for the payment of all such fees, costs, and 
        expenses on the effective date of the plan.
            ``(18) In a case under subchapter V, confirmation of the 
        plan is not likely to cause serious adverse effects on 
        financial stability in the United States.''.
    (f) Section 322(b)(2) of title 11, United States Code, is amended 
by striking ``The'' and inserting ``In cases under subchapter V, the 
United States trustee shall recommend to the court, and in all other 
cases, the''.

SEC. 3. LIQUIDATION, REORGANIZATION, OR RECAPITALIZATION OF A COVERED 
              FINANCIAL CORPORATION.

    Chapter 11 of title 11, United States Code, is amended by adding at 
the end the following:

 ``SUBCHAPTER V--LIQUIDATION, REORGANIZATION, OR RECAPITALIZATION OF A 
                     COVERED FINANCIAL CORPORATION

``Sec. 1181. Inapplicability of other sections
    ``Sections 303 and 321(c) do not apply in a case under this 
subchapter concerning a covered financial corporation. Section 365 does 
not apply to a transfer under section 1185, 1187, or 1188.
``Sec. 1182. Definitions for this subchapter
    ``In this subchapter, the following definitions shall apply:
            ``(1) The term `Board' means the Board of Governors of the 
        Federal Reserve System.
            ``(2) The term `bridge company' means a newly formed 
        corporation to which property of the estate may be transferred 
        under section 1185(a) and the equity securities of which may be 
        transferred to a special trustee under section 1186(a).
            ``(3) The term `capital structure debt' means all unsecured 
        debt of the debtor for borrowed money for which the debtor is 
        the primary obligor, other than a qualified financial contract 
        and other than debt secured by a lien on property of the estate 
        that is to be transferred to a bridge company pursuant to an 
        order of the court under section 1185(a).
            ``(4) The term `contractual right' means a contractual 
        right of a kind defined in section 555, 556, 559, 560, or 561.
            ``(5) The term `qualified financial contract' means any 
        contract of a kind defined in paragraph (25), (38A), (47), or 
        (53B) of section 101, section 741(7), or paragraph (4), (5), 
        (11), or (13) of section 761.
            ``(6) The term `special trustee' means the trustee of a 
        trust formed under section 1186(a)(1).
``Sec. 1183. Commencement of a case concerning a covered financial 
              corporation
    ``(a) A case under this subchapter concerning a covered financial 
corporation may be commenced by the filing of a petition with the court 
by the debtor under section 301 only if the debtor states to the best 
of its knowledge under penalty of perjury in the petition that it is a 
covered financial corporation.
    ``(b) The commencement of a case under subsection (a) constitutes 
an order for relief under this subchapter.
    ``(c) The members of the board of directors (or body performing 
similar functions) of a covered financial corporation shall have no 
liability to shareholders, creditors, or other parties in interest for 
a good faith filing of a petition to commence a case under this 
subchapter, or for any reasonable action taken in good faith in 
contemplation of such a petition or a transfer under section 1185 or 
section 1186, whether prior to or after commencement of the case.
    ``(d) Counsel to the debtor shall provide, to the greatest extent 
practicable without disclosing the identity of the potential debtor, 
sufficient confidential notice to the chief judge of the court of 
appeals for the circuit embracing the district in which such counsel 
intends to file a petition to commence a case under this subchapter 
regarding the potential commencement of such case. The chief judge of 
such court shall randomly assign to preside over such case a bankruptcy 
judge selected from among the bankruptcy judges designated by the Chief 
Justice of the United States under section 298 of title 28.
``Sec. 1184. Regulators
    ``The Board, the Securities Exchange Commission, the Office of the 
Comptroller of the Currency of the Department of the Treasury, the 
Commodity Futures Trading Commission, and the Federal Deposit Insurance 
Corporation may raise and may appear and be heard on any issue in any 
case or proceeding under this subchapter.
``Sec. 1185. Special transfer of property of the estate
    ``(a) On request of the trustee, and after notice and a hearing 
that shall occur not less than 24 hours after the order for relief, the 
court may order a transfer under this section of property of the 
estate, and the assignment of executory contracts, unexpired leases, 
and qualified financial contracts of the debtor, to a bridge company. 
Upon the entry of an order approving such transfer, any property 
transferred, and any executory contracts, unexpired leases, and 
qualified financial contracts assigned under such order shall no longer 
be property of the estate. Except as provided under this section, the 
provisions of section 363 shall apply to a transfer and assignment 
under this section.
    ``(b) Unless the court orders otherwise, notice of a request for an 
order under subsection (a) shall consist of electronic or telephonic 
notice of not less than 24 hours to--
            ``(1) the debtor;
            ``(2) the holders of the 20 largest secured claims against 
        the debtor;
            ``(3) the holders of the 20 largest unsecured claims 
        against the debtor;
            ``(4) counterparties to any debt, executory contract, 
        unexpired lease, and qualified financial contract requested to 
        be transferred under this section;
            ``(5) the Board;
            ``(6) the Federal Deposit Insurance Corporation;
            ``(7) the Secretary of the Treasury and the Office of the 
        Comptroller of the Currency of the Treasury;
            ``(8) the Commodity Futures Trading Commission;
            ``(9) the Securities and Exchange Commission;
            ``(10) the United States trustee or bankruptcy 
        administrator; and
            ``(11) each primary financial regulatory agency, as defined 
        in section 2(12) of the Dodd-Frank Wall Street Reform and 
        Consumer Protection Act, with respect to any affiliate the 
        equity securities of which are proposed to be transferred under 
        this section.
    ``(c) The court may not order a transfer under this section unless 
the court determines, based upon a preponderance of the evidence, 
that--
            ``(1) the transfer under this section is necessary to 
        prevent serious adverse effects on financial stability in the 
        United States;
            ``(2) the transfer does not provide for the assumption of 
        any capital structure debt by the bridge company;
            ``(3) the transfer does not provide for the transfer to the 
        bridge company of any property of the estate that is subject to 
        a lien securing a debt, executory contract, unexpired lease or 
        agreement (including a qualified financial contract) of the 
        debtor unless--
                    ``(A)(i) the bridge company assumes such debt, 
                executory contract, unexpired lease or agreement 
                (including a qualified financial contract), including 
                any claims arising in respect thereof that would not be 
                allowed secured claims under section 506(a)(1) and 
                after giving effect to such transfer, such property 
                remains subject to the lien securing such debt, 
                executory contract, unexpired lease or agreement 
                (including a qualified financial contract); and
                    ``(ii) the court has determined that assumption of 
                such debt, executory contract, unexpired lease or 
                agreement (including a qualified financial contract) by 
                the bridge company is in the best interests of the 
                estate; or
                    ``(B) such property is being transferred to the 
                bridge company in accordance with the provisions of 
                section 363;
            ``(4) the transfer does not provide for the assumption by 
        the bridge company of any debt, executory contract, unexpired 
        lease or agreement (including a qualified financial contract) 
        of the debtor secured by a lien on property of the estate 
        unless the transfer provides for such property to be 
        transferred to the bridge company in accordance with paragraph 
        (3)(A) of this subsection;
            ``(5) the transfer does not provide for the transfer of the 
        equity of the debtor;
            ``(6) the trustee has demonstrated that the bridge company 
        is not likely to fail to meet the obligations of any debt, 
        executory contract, qualified financial contract, or unexpired 
        lease assumed and assigned to the bridge company;
            ``(7) the transfer provides for the transfer to a special 
        trustee all of the equity securities in the bridge company and 
        appointment of a special trustee in accordance with section 
        1186;
            ``(8) after giving effect to the transfer, adequate 
        provision has been made for the fees, costs, and expenses of 
        the estate and special trustee; and
            ``(9) the bridge company will have governing documents, and 
        initial directors and senior officers, that are in the best 
        interest of creditors and the estate.
    ``(d) Immediately before a transfer under this section, the bridge 
company that is the recipient of the transfer shall--
            ``(1) not have any property, executory contracts, unexpired 
        leases, qualified financial contracts, or debts, other than any 
        property acquired or executory contracts, unexpired leases, or 
        debts assumed when acting as a transferee of a transfer under 
        this section; and
            ``(2) have equity securities that are property of the 
        estate, which may be sold or distributed in accordance with 
        this title.
``Sec. 1186. Special trustee
    ``(a)(1) An order approving a transfer under section 1185 shall 
require the trustee to transfer to a qualified and independent special 
trustee, who is appointed by the court, all of the equity securities in 
the bridge company that is the recipient of a transfer under section 
1185 to hold in trust for the sole benefit of the estate, subject to 
satisfaction of the special trustee's fees, costs, and expenses. The 
trust of which the special trustee is the trustee shall be a newly 
formed trust governed by a trust agreement approved by the court as in 
the best interests of the estate, and shall exist for the sole purpose 
of holding and administering, and shall be permitted to dispose of, the 
equity securities of the bridge company in accordance with the trust 
agreement.
    ``(2) In connection with the hearing to approve a transfer under 
section 1185, the trustee shall confirm to the court that the Board has 
been consulted regarding the identity of the proposed special trustee 
and advise the court of the results of such consultation.
    ``(b) The trust agreement governing the trust shall provide--
            ``(1) for the payment of the fees, costs, expenses, and 
        indemnities of the special trustee from the assets of the 
        debtor's estate;
            ``(2) that the special trustee provide--
                    ``(A) quarterly reporting to the estate, which 
                shall be filed with the court; and
                    ``(B) information about the bridge company 
                reasonably requested by a party in interest to prepare 
                a disclosure statement for a plan providing for 
                distribution of any securities of the bridge company if 
                such information is necessary to prepare such 
                disclosure statement;
            ``(3) that for as long as the equity securities of the 
        bridge company are held by the trust, the special trustee shall 
        file a notice with the court in connection with--
                    ``(A) any change in a director or senior officer of 
                the bridge company;
                    ``(B) any modification to the governing documents 
                of the bridge company; and
                    ``(C) any material corporate action of the bridge 
                company, including--
                            ``(i) recapitalization;
                            ``(ii) a material borrowing;
                            ``(iii) termination of an intercompany debt 
                        or guarantee;
                            ``(iv) a transfer of a substantial portion 
                        of the assets of the bridge company; or
                            ``(v) the issuance or sale of any 
                        securities of the bridge company;
            ``(4) that any sale of any equity securities of the bridge 
        company shall not be consummated until the special trustee 
        consults with the Federal Deposit Insurance Corporation and the 
        Board regarding such sale and discloses the results of such 
        consultation with the court;
            ``(5) that, subject to reserves for payments permitted 
        under paragraph (1) provided for in the trust agreement, the 
        proceeds of the sale of any equity securities of the bridge 
        company by the special trustee be held in trust for the benefit 
        of or transferred to the estate;
            ``(6) the process and guidelines for the replacement of the 
        special trustee; and
            ``(7) that the property held in trust by the special 
        trustee is subject to distribution in accordance with 
        subsection (c).
    ``(c)(1) The special trustee shall distribute the assets held in 
trust--
            ``(A) if the court confirms a plan in the case, in 
        accordance with the plan on the effective date of the plan; or
            ``(B) if the case is converted to a case under chapter 7, 
        as ordered by the court.
    ``(2) As soon as practicable after a final distribution under 
paragraph (1), the office of the special trustee shall terminate, 
except as may be necessary to wind up and conclude the business and 
financial affairs of the trust.
    ``(d) After a transfer to the special trustee under this section, 
the special trustee shall be subject only to applicable nonbankruptcy 
law, and the actions and conduct of the special trustee shall no longer 
be subject to approval by the court in the case under this subchapter.
``Sec. 1187. Temporary and supplemental automatic stay; assumed debt
    ``(a)(1) A petition filed under section 1183 operates as a stay, 
applicable to all entities, of the termination, acceleration, or 
modification of any debt, contract, lease, or agreement of the kind 
described in paragraph (2), or of any right or obligation under any 
such debt, contract, lease, or agreement, solely because of--
            ``(A) a default by the debtor under any such debt, 
        contract, lease, or agreement; or
            ``(B) a provision in such debt, contract, lease, or 
        agreement, or in applicable nonbankruptcy law, that is 
        conditioned on--
                    ``(i) the insolvency or financial condition of the 
                debtor at any time before the closing of the case;
                    ``(ii) the commencement of a case under this title 
                concerning the debtor;
                    ``(iii) the appointment of or taking possession by 
                a trustee in a case under this title concerning the 
                debtor or by a custodian before the commencement of the 
                case; or
                    ``(iv) a credit rating agency rating, or absence or 
                withdrawal of a credit rating agency rating--
                            ``(I) of the debtor at any time after the 
                        commencement of the case;
                            ``(II) of an affiliate during the period 
                        from the commencement of the case until 48 
                        hours after such order is entered;
                            ``(III) of the bridge company while the 
                        trustee or the special trustee is a direct or 
                        indirect beneficial holder of more than 50 
                        percent of the equity securities of--
                                    ``(aa) the bridge company; or
                                    ``(bb) the affiliate, if all of the 
                                direct or indirect interests in the 
                                affiliate that are property of the 
                                estate are transferred under section 
                                1185; or
                            ``(IV) of an affiliate while the trustee or 
                        the special trustee is a direct or indirect 
                        beneficial holder of more than 50 percent of 
                        the equity securities of--
                                    ``(aa) the bridge company; or
                                    ``(bb) the affiliate, if all of the 
                                direct or indirect interests in the 
                                affiliate that are property of the 
                                estate are transferred under section 
                                1185.
    ``(2) A debt, contract, lease, or agreement described in this 
paragraph is--
            ``(A) any debt (other than capital structure debt), 
        executory contract, or unexpired lease of the debtor (other 
        than a qualified financial contract);
            ``(B) any agreement under which the debtor issued or is 
        obligated for debt (other than capital structure debt);
            ``(C) any debt, executory contract, or unexpired lease of 
        an affiliate (other than a qualified financial contract); or
            ``(D) any agreement under which an affiliate issued or is 
        obligated for debt.
    ``(3) The stay under this subsection terminates--
            ``(A) for the benefit of the debtor, upon the earliest of--
                    ``(i) 48 hours after the commencement of the case;
                    ``(ii) assumption of the debt, contract, lease, or 
                agreement by the bridge company under an order 
                authorizing a transfer under section 1185;
                    ``(iii) a final order of the court denying the 
                request for a transfer under section 1185; or
                    ``(iv) the time the case is dismissed; and
            ``(B) for the benefit of an affiliate, upon the earliest 
        of--
                    ``(i) the entry of an order authorizing a transfer 
                under section 1185 in which the direct or indirect 
                interests in the affiliate that are property of the 
                estate are not transferred under section 1185;
                    ``(ii) a final order by the court denying the 
                request for a transfer under section 1185;
                    ``(iii) 48 hours after the commencement of the case 
                if the court has not ordered a transfer under section 
                1185; or
                    ``(iv) the time the case is dismissed.
    ``(4) Subsections (d), (e), (f), and (g) of section 362 apply to a 
stay under this subsection.
    ``(b) A debt, executory contract (other than a qualified financial 
contract), or unexpired lease of the debtor, or an agreement under 
which the debtor has issued or is obligated for any debt, may be 
assumed by a bridge company in a transfer under section 1185 
notwithstanding any provision in an agreement or in applicable 
nonbankruptcy law that--
            ``(1) prohibits, restricts, or conditions the assignment of 
        the debt, contract, lease, or agreement; or
            ``(2) accelerates, terminates, or modifies, or permits a 
        party other than the debtor to terminate or modify, the debt, 
        contract, lease, or agreement on account of--
                    ``(A) the assignment of the debt, contract, lease, 
                or agreement; or
                    ``(B) a change in control of any party to the debt, 
                contract, lease, or agreement.
    ``(c)(1) A debt, contract, lease, or agreement of the kind 
described in subparagraph (A) or (B) of subsection (a)(2) may not be 
accelerated, terminated, or modified, and any right or obligation under 
such debt, contract, lease, or agreement may not be accelerated, 
terminated, or modified, as to the bridge company solely because of a 
provision in the debt, contract, lease, or agreement or in applicable 
nonbankruptcy law--
            ``(A) of the kind described in subsection (a)(1)(B) as 
        applied to the debtor;
            ``(B) that prohibits, restricts, or conditions the 
        assignment of the debt, contract, lease, or agreement; or
            ``(C) that accelerates, terminates, or modifies, or permits 
        a party other than the debtor to terminate or modify, the debt, 
        contract, lease or agreement on account of--
                    ``(i) the assignment of the debt, contract, lease, 
                or agreement; or
                    ``(ii) a change in control of any party to the 
                debt, contract, lease, or agreement.
    ``(2) If there is a default by the debtor under a provision other 
than the kind described in paragraph (1) in a debt, contract, lease or 
agreement of the kind described in subparagraph (A) or (B) of 
subsection (a)(2), the bridge company may assume such debt, contract, 
lease, or agreement only if the bridge company--
            ``(A) shall cure the default;
            ``(B) compensates, or provides adequate assurance in 
        connection with a transfer under section 1185 that the bridge 
        company will promptly compensate, a party other than the debtor 
        to the debt, contract, lease, or agreement, for any actual 
        pecuniary loss to the party resulting from the default; and
            ``(C) provides adequate assurance in connection with a 
        transfer under section 1185 of future performance under the 
        debt, contract, lease, or agreement, as determined by the court 
        under section 1185(c)(4).
``Sec. 1188. Treatment of qualified financial contracts and affiliate 
              contracts
    ``(a) Notwithstanding sections 362(b)(6), 362(b)(7), 362(b)(17), 
362(b)(27), 362(o), 555, 556, 559, 560, and 561, a petition filed under 
section 1183 operates as a stay, during the period specified in section 
1187(a)(3)(A), applicable to all entities, of the exercise of a 
contractual right--
            ``(1) to cause the modification, liquidation, termination, 
        or acceleration of a qualified financial contract of the debtor 
        or an affiliate;
            ``(2) to offset or net out any termination value, payment 
        amount, or other transfer obligation arising under or in 
        connection with a qualified financial contract of the debtor or 
        an affiliate; or
            ``(3) under any security agreement or arrangement or other 
        credit enhancement forming a part of or related to a qualified 
        financial contract of the debtor or an affiliate.
    ``(b)(1) During the period specified in section 1187(a)(3)(A), the 
trustee or the affiliate shall perform all payment and delivery 
obligations under such qualified financial contract of the debtor or 
the affiliate, as the case may be, that become due after the 
commencement of the case. The stay provided under subsection (a) 
terminates as to a qualified financial contract of the debtor or an 
affiliate immediately upon the failure of the trustee or the affiliate, 
as the case may be, to perform any such obligation during such period.
    ``(2) Any failure by a counterparty to any qualified financial 
contract of the debtor or any affiliate to perform any payment or 
delivery obligation under such qualified financial contract, including 
during the pendency of the stay provided under subsection (a), shall 
constitute a breach of such qualified financial contract by the 
counterparty.
    ``(c) Subject to the court's approval, a qualified financial 
contract between an entity and the debtor may be assigned to or assumed 
by the bridge company in a transfer under, and in accordance with, 
section 1185 if and only if--
            ``(1) all qualified financial contracts between the entity 
        and the debtor are assigned to and assumed by the bridge 
        company in the transfer under section 1185;
            ``(2) all claims of the entity against the debtor in 
        respect of any qualified financial contract between the entity 
        and the debtor (other than any claim that, under the terms of 
        the qualified financial contract, is subordinated to the claims 
        of general unsecured creditors) are assigned to and assumed by 
        the bridge company;
            ``(3) all claims of the debtor against the entity under any 
        qualified financial contract between the entity and the debtor 
        are assigned to and assumed by the bridge company; and
            ``(4) all property securing or any other credit enhancement 
        furnished by the debtor for any qualified financial contract 
        described in paragraph (1) or any claim described in paragraph 
        (2) or (3) under any qualified financial contract between the 
        entity and the debtor is assigned to and assumed by the bridge 
        company.
    ``(d) Notwithstanding any provision of a qualified financial 
contract or of applicable nonbankruptcy law, a qualified financial 
contract of the debtor that is assumed or assigned in a transfer under 
section 1185 may not be accelerated, terminated, or modified, after the 
entry of the order approving a transfer under section 1185, and any 
right or obligation under the qualified financial contract may not be 
accelerated, terminated, or modified, after the entry of the order 
approving a transfer under section 1185 solely because of a condition 
described in section 1187(c)(1), other than a condition of the kind 
specified in section 1187(b) that occurs after property of the estate 
no longer includes a direct beneficial interest or an indirect 
beneficial interest through the special trustee, in more than 50 
percent of the equity securities of the bridge company.
    ``(e) Notwithstanding any provision of any agreement or in 
applicable nonbankruptcy law, an agreement of an affiliate (including 
an executory contract, an unexpired lease, qualified financial 
contract, or an agreement under which the affiliate issued or is 
obligated for debt) and any right or obligation under such agreement 
may not be accelerated, terminated, or modified, solely because of a 
condition described in section 1187(c)(1), other than a condition of 
the kind specified in section 1187(b) that occurs after the bridge 
company is no longer a direct or indirect beneficial holder of more 
than 50 percent of the equity securities of the affiliate, at any time 
after the commencement of the case if--
            ``(1) all direct or indirect interests in the affiliate 
        that are property of the estate are transferred under section 
        1185 to the bridge company within the period specified in 
        subsection (a);
            ``(2) the bridge company assumes--
                    ``(A) any guarantee or other credit enhancement 
                issued by the debtor relating to the agreement of the 
                affiliate; and
                    ``(B) any obligations in respect of rights of 
                setoff, netting arrangement, or debt of the debtor that 
                directly arises out of or directly relates to the 
                guarantee or credit enhancement; and
            ``(3) any property of the estate that directly serves as 
        collateral for the guarantee or credit enhancement is 
        transferred to the bridge company.
``Sec. 1189. Licenses, permits, and registrations
    ``(a) Notwithstanding any otherwise applicable nonbankruptcy law, 
if a request is made under section 1185 for a transfer of property of 
the estate, any Federal, State, or local license, permit, or 
registration that the debtor or an affiliate had immediately before the 
commencement of the case and that is proposed to be transferred under 
section 1185 may not be accelerated, terminated, or modified at any 
time after the request solely on account of--
            ``(1) the insolvency or financial condition of the debtor 
        at any time before the closing of the case;
            ``(2) the commencement of a case under this title 
        concerning the debtor;
            ``(3) the appointment of or taking possession by a trustee 
        in a case under this title concerning the debtor or by a 
        custodian before the commencement of the case; or
            ``(4) a transfer under section 1185.
    ``(b) Notwithstanding any otherwise applicable nonbankruptcy law, 
any Federal, State, or local license, permit, or registration that the 
debtor had immediately before the commencement of the case that is 
included in a transfer under section 1185 shall be valid and all rights 
and obligations thereunder shall vest in the bridge company.
``Sec. 1190. Exemption from securities laws
    ``For purposes of section 1145, a security of the bridge company 
shall be deemed to be a security of a successor to the debtor under a 
plan if the court approves the disclosure statement for the plan as 
providing adequate information (as defined in section 1125(a)) about 
the bridge company and the security.
``Sec. 1191. Inapplicability of certain avoiding powers
    ``A transfer made or an obligation incurred by the debtor to an 
affiliate prior to or after the commencement of the case, including any 
obligation released by the debtor or the estate to or for the benefit 
of an affiliate, in contemplation of or in connection with a transfer 
under section 1185 is not avoidable under section 544, 547, 
548(a)(1)(B), or 549, or under any similar nonbankruptcy law.
``Sec. 1192. Consideration of financial stability
    ``The court may consider the effect that any decision in connection 
with this subchapter may have on financial stability in the United 
States.''.

SEC. 4. AMENDMENTS TO TITLE 28, UNITED STATES CODE.

    (a) Amendment to Chapter 13.--Chapter 13 of title 28, United States 
Code, is amended by adding at the end the following:
``Sec. 298. Judge for a case under subchapter V of chapter 11 of title 
              11
    ``(a)(1) Notwithstanding section 295, the Chief Justice of the 
United States shall designate not fewer than 10 bankruptcy judges to be 
available to hear a case under subchapter V of chapter 11 of title 11. 
Bankruptcy judges may request to be considered by the Chief Justice of 
the United States for such designation.
    ``(2) Notwithstanding section 155, a case under subchapter V of 
chapter 11 of title 11 shall be heard under section 157 by a bankruptcy 
judge designated under paragraph (1), who shall be randomly assigned to 
hear such case by the chief judge of the court of appeals for the 
circuit embracing the district in which the case is pending. To the 
greatest extent practicable, the approvals required under section 155 
should be obtained.
    ``(3) If the bankruptcy judge assigned to hear a case under 
paragraph (2) is not assigned to the district in which the case is 
pending, the bankruptcy judge shall be temporarily assigned to the 
district.
    ``(b) A case under subchapter V of chapter 11 of title 11, and all 
proceedings in the case, shall take place in the district in which the 
case is pending.
    ``(c) In this section, the term `covered financial corporation' has 
the meaning given that term in section 101(9A) of title 11.''.
    (b) Amendment to Section 1334 of Title 28.--Section 1334 of title 
28, United States Code, is amended by adding at the end the following:
    ``(f) This section does not grant jurisdiction to the district 
court after a transfer pursuant to an order under section 1185 of title 
11 of any proceeding related to a special trustee appointed, or to a 
bridge company formed, in connection with a case under subchapter V of 
chapter 11 of title 11.''.
    (c) Technical and Conforming Amendments.--
            (1) The table of sections of chapter 13 of title 28, United 
        States Code, is amended by adding at the end the following:

``298. Judge for a case under subchapter V of chapter 11 of title 
                            11.''.
            (2) The table of subchapters of chapter 11 of title 11, 
        United States Code, is amended by adding at the end the 
        following:

 ``subchapter v--liquidation, reorganization, or recapitalization of a 
                     covered financial corporation

``1181. Inapplicability of other sections.
``1182. Definitions for this subchapter.
``1183. Commencement of a case concerning a covered financial 
                            corporation.
``1184. Regulators.
``1185. Special transfer of property of the estate.
``1186. Special trustee.
``1187. Temporary and supplemental automatic stay; assumed debt.
``1188. Treatment of qualified financial contracts and affiliate 
                            contracts.
``1189. Licenses, permits, and registrations.
``1190. Exemption from securities laws.
``1191. Inapplicability of certain avoiding powers.
``1192. Consideration of financial stability.''.

                                TITLE XI

                     ADDITIONAL GENERAL PROVISIONS

                       Spending Reduction Account

    Sec. 1101.  $0.
    This bill may be cited as the ``Financial Services and General 
Government Appropriations Act, 2018''.
                                                 Union Calendar No. 167

115th CONGRESS

  1st Session

                               H. R. 3280

                          [Report No. 115-234]

_______________________________________________________________________

                                 A BILL

Making appropriations for financial services and general government for 
   the fiscal year ending September 30, 2018, and for other purposes.

_______________________________________________________________________

                             July 18, 2017

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed