In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Clean Water Compliance and 
Affordability Act''.

SEC. 2. INTEGRATED MUNICIPAL STORMWATER AND WASTEWATER APPROACH 
              FRAMEWORK.

    (a) In General.--In the first 5 fiscal years beginning after the 
date of enactment of this Act, the Administrator of the Environmental 
Protection Agency (referred to in this section as the 
``Administrator''), in coordination with appropriate State, local, and 
regional authorities, shall carry out a pilot program under which the 
Administrator shall work cooperatively with and facilitate the efforts 
of eligible municipalities to develop and implement integrated plans to 
meet wastewater and stormwater obligations of the eligible 
municipalities under the Federal Water Pollution Control Act (33 U.S.C. 
1251 et seq.) in a more cost-effective and flexible manner.
    (b) Framework.--The Administrator shall carry out the pilot program 
in a manner that is consistent with the Integrated Municipal Stormwater 
and Wastewater Approach Framework issued by the Environmental 
Protection Agency and dated May 2012.
    (c) Selection of Eligible Municipalities.--
            (1) In general.--The Administrator, in consultation with 
        States that have approved National Pollutant Discharge 
        Elimination System programs, shall select not less than 15 
        eligible municipalities to participate in the pilot program.
            (2) Eligible municipality.--An eligible municipality is a 
        county, city, town, township, or subdivision of a State or 
        local government that--
                    (A) qualifies as a National Pollutant Discharge 
                Elimination System permit holder or designee; or
                    (B) is a party to an administrative order, 
                administrative consent agreement, or judicial consent 
                decree to comply with the requirements of the Federal 
                Water Pollution Control Act (33 U.S.C. 1251 et seq.).
            (3) Selection factors.--
                    (A) In general.--In selecting the eligible 
                municipalities to participate in the pilot program, the 
                Administrator shall give priority to--
                            (i) eligible municipalities that are 
                        operating under an administrative order, 
                        administrative consent agreement, or judicial 
                        consent decree to comply with the requirements 
                        of the Federal Water Pollution Control Act (33 
                        U.S.C. 1251 et seq.);
                            (ii) eligible municipalities that are 
                        affected by affordability constraints in 
                        planning and implementing control measures to 
                        address wet weather discharges from wastewater 
                        and stormwater facilities of the eligible 
                        municipalities; and
                            (iii) eligible municipalities with a 
                        history of knowledgeable, detailed, and 
                        comprehensive efforts to develop integrated and 
                        adaptive clean water management practices.
                    (B) Use of adaptive management approaches.--In 
                selecting eligible municipalities to participate in the 
                pilot program, the Administrator may give priority to 
                an eligible municipality that is seeking to develop and 
                implement an integrated plan that includes adaptive 
                approaches to account for changed or future uncertain 
                circumstances, including--
                            (i) the use of new innovative technical or 
                        institutional approaches; and
                            (ii) the ability to adapt the integrated 
                        plan in response to new regulatory requirements 
                        and reductions in financial capability.
    (d) Approval of Integrated Plans.--
            (1) In general.--In approving the integrated plan of an 
        eligible municipality under the pilot program established under 
        subsection (a), the Administrator shall--
                    (A) account for the financial capability of the 
                eligible municipality to adequately address the 
                requirements of the Federal Water Pollution Control Act 
                (33 U.S.C. 1251 et seq.) that apply to the eligible 
                municipality;
                    (B) prioritize the obligations of the eligible 
                municipality under the Federal Water Pollution Control 
                Act (33 U.S.C. 1251 et seq.) according to the most 
                cost-effective and environmentally beneficial outcomes;
                    (C) account for the maintenance, operational, and 
                regulatory obligations of the eligible municipality; 
                and
                    (D) enable the eligible municipality to implement 
                innovative and flexible approaches to meet the 
                obligations of the eligible municipality under the 
                Federal Water Pollution Control Act (33 U.S.C. 1251 et 
                seq.).
            (2) Additional authorities.--In carrying out the pilot 
        program established under subsection (a), the Administrator 
        may, in full coordination and mutual agreement with an eligible 
        municipality selected to participate in the pilot program--
                    (A) extend the allowable national pollutant 
                discharge elimination system permit term under section 
                402 of the Federal Water Pollution Control Act (33 
                U.S.C. 1342) to a maximum of 25 years, and make 
                corresponding changes to any associated implementation 
                schedule;
                    (B) modify the implementation terms of a consent 
                decree entered into by the eligible municipality with 
                the Administrator pursuant to that Act; and
                    (C) provide additional regulatory flexibility under 
                the Federal Water Pollution Control Act (33 U.S.C. 1251 
                et seq.) in approving and implementing an integrated 
                plan that includes adaptive approaches in order to 
                encourage the innovation integral to such approaches.
    (e) Report to Congress.--Not later than 1 year after the date of 
enactment of this Act, and each year thereafter for 5 years, the 
Administrator shall submit to Congress a report on the results of the 
pilot program established under subsection (a), including a description 
of the specific outcomes expected to be achieved that will reduce the 
costs of complying with the requirements of the Federal Water Pollution 
Control Act (33 U.S.C. 1251 et seq.) for--
            (1) eligible municipalities participating in the pilot 
        program; and
            (2) eligible municipalities that are similarly situated but 
        not participating in the pilot program.

Output: Clean Water Compliance and Affordability Act  This bill requires the Environmental Protection Agency (EPA) to carry out a pilot program to facilitate the efforts of eligible municipalities to develop and implement integrated plans to meet their wastewater and stormwater obligations under the Federal Water Pollution Control Act (commonly known as the Clean Water Act) in a cost-effective and flexible manner and consistent with the Integrated Municipal Stormwater and Wastewater Approach Framework issued by the EPA in May 2012. The pilot program must facilitate the efforts of at least 15 municipalities. A municipality is eligible to participate in the pilot program if it is: (1) a National Pollutant Discharge Elimination System (NPDES) permit holder or designee; or (2) a party to an administrative order, administrative consent agreement, or judicial consent decree to comply with the requirements of the Clean Water Act. The EPA must give priority to municipalities that: (1) are affected by affordability constraints in planning and implementing control measures addressing wet weather discharges from wastewater and stormwater facilities; and (2) have a history of knowledgeable, detailed, and comprehensive efforts to develop integrated and adaptive clean water management practices. The EPA may give priority to municipalities seeking to develop and implement an integrated plan that includes approaches that adapt to changed or future uncertain circumstances. With the mutual agreement of participating municipalities, the EPA may: (1) extend the allowable NPDES permit term by up to 25 years, (2) modify the implementation terms of a consent decree, and (3) provide additional regulatory flexibility in approving and implementing an integrated plan that includes adaptive approaches.


Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``International Insurance Capital 
Standards Accountability Act of 2015''.

SEC. 2. FINDINGS.

    Congress finds that--
            (1) the Secretary of the Treasury, Board of Governors of 
        the Federal Reserve System, and Director of the Federal 
        Insurance Office shall support increasing transparency at any 
        global insurance or international standard-setting regulatory 
        or supervisory forum in which they participate, including 
        supporting and advocating for greater public observer access to 
        working groups and committee meetings of the International 
        Association of Insurance Supervisors; and
            (2) to the extent that the Secretary of the Treasury, Board 
        of Governors of the Federal Reserve System, and Director of the 
        Federal Insurance Office take a position or reasonably intend 
        to take a position on an insurance proposal by a global 
        insurance regulatory or supervisory forum, the Secretary of the 
        Treasury, Board of Governors of the Federal Reserve System, and 
        Director of the Federal Insurance Office shall achieve 
        consensus positions with State insurance regulators through the 
        National Association of Insurance Commissioners, when they are 
        United States participants in negotiations on insurance issues 
        before the International Association of Insurance Supervisors, 
        Financial Stability Board, or any other international forum of 
        financial regulators or supervisors that considers such issues.

SEC. 3. INSURANCE POLICY ADVISORY COMMITTEE.

    (a) Establishment.--There is established the Insurance Policy 
Advisory Committee on International Capital Standards and Other 
Insurance Issues at the Board of Governors of the Federal Reserve 
System.
    (b) Membership.--The Commission shall be composed of not more than 
21 members, all of whom represent a diverse set of expert perspectives 
from the various sectors of the United States insurance industry, 
including life insurance, property and casualty insurance and 
reinsurance, agents and brokers, academics, consumer advocates, or 
experts on issues facing underserved insurance communities and 
consumers.

SEC. 4. REPORTS.

    (a) In General.--
            (1) Reports and testimony by secretary of the treasury and 
        chairman of the federal reserve.--
                    (A) In general.--The Secretary of the Treasury and 
                the Chairman of the Federal Reserve, or their designee, 
                shall submit to the Banking, Housing, and Urban Affairs 
                Committee of the Senate, and the Financial Services 
                Committee of the House of Representatives, an annual 
                report and provide annual testimony to the Banking, 
                Housing, and Urban Affairs Committee of the Senate, and 
                the Financial Services Committee of the House of 
                Representatives on the efforts of the Secretary and the 
                Chairman with the National Association of Insurance 
                Commissioners with respect to global insurance 
                regulatory or supervisory forums, including--
                            (i) a description of the insurance 
                        regulatory or supervisory standard-setting 
                        issues under discussion at international 
                        standard-setting bodies, including the 
                        Financial Stability Board and the International 
                        Association of Insurance Supervisors;
                            (ii) a description of the effects that 
                        proposals discussed at international insurance 
                        regulatory or supervisory forums of insurance 
                        could have on consumer and insurance markets in 
                        the United States;
                            (iii) a description of any position taken 
                        by the Secretary of the Treasury, Board of 
                        Governors of the Federal Reserve System, and 
                        Director of the Federal Insurance Office in 
                        international insurance discussions; and
                            (iv) a description of the efforts by the 
                        Secretary of the Treasury, Director of the 
                        Federal Insurance Office, and the Board of 
                        Governors of the Federal Reserve System to 
                        increase transparency at the Financial 
                        Stability Board with respect to insurance 
                        proposals and the International Association of 
                        Insurance Supervisors, including efforts to 
                        provide additional public access to working 
                        groups and committees of the International 
                        Association of Insurance Supervisors.
                    (B) Termination.--This paragraph shall terminate on 
                December 31, 2018.
            (2) Reports and testimony by national association of 
        insurance commissioners.--The National Association of Insurance 
        Commissioners may provide testimony to Congress on the issues 
        described in paragraph (1)(A).
            (3) Joint report by the chairman of the federal reserve and 
        the director of the federal insurance office.--
                    (A) In general.--The Secretary of the Treasury, 
                Chairman of the Federal Reserve, and the Director of 
                the Federal Insurance Office shall, in consultation 
                with the National Association of Insurance 
                Commissioners, complete a study on, and submit to 
                Congress a report on the results of the study, the 
                impact on consumers and markets in the United States 
                before supporting or consenting to the adoption of any 
                key elements in any international insurance proposal or 
                international insurance capital standard.
                    (B) Notice and comment.--
                            (i) Notice.--The Secretary of the Treasury, 
                        Chairman of the Federal Reserve, and the 
                        Director of the Federal Insurance Office shall 
                        provide notice before the date on which 
                        drafting the report is commenced and after the 
                        date on which the draft of the report is 
                        completed.
                            (ii) Opportunity for comment.--There shall 
                        be an opportunity for public comment for a 
                        period beginning on the date on which the 
                        report is submitted under subparagraph (A) and 
                        ending on the date that is 60 days after the 
                        date on which the report is submitted.
                    (C) Review by comptroller general.--The Secretary 
                of the Treasury, Chairman of the Federal Reserve, and 
                the Director of the Federal Insurance Office shall 
                submit to the Comptroller General of the United States 
                the report described in subparagraph (A) for review.
            (4) Report on reduction in transparency.--Not later than 
        180 days after the date of enactment of this Act, the Chairman 
        of the Federal Reserve and the Secretary of the Treasury, or 
        their designees, shall submit to Congress a report and provide 
        testimony to Congress on the efforts of the Chairman and the 
        Secretary to increase transparency at meetings of the 
        International Association of Insurance Supervisors.

Output: International Insurance Capital Standards Accountability Act of 2015 This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers).  The Secretary of the Treasury and the Board Chairman shall report annually to certain congressional committees on their efforts with the National Association of Insurance Commissioners regarding global insurance regulatory or supervisory forums. The Secretary, the Board Chairman, and the Director of the Federal Insurance Office, before supporting or consenting to the adoption of any key element in any international insurance proposal or international insurance capital standard, must study its impact upon U.S. markets and consumers.  The Secretary and the Board Chairman must also report, as well as testify to Congress on their efforts to increase transparency at meetings of the International Association of Insurance Supervisors.


Input: Consider Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Produce the Note Act of 2009''.

SEC. 2. REQUIRED INFORMATION AND NOTICE.

    Notwithstanding any other provision of State or Federal law, no 
foreclosure, whether judicial or nonjudicial, may be commenced with 
respect to a covered residential mortgage unless the person commencing 
the foreclosure complies with all of the following requirements:
            (1) Submission of information.--The person commencing the 
        foreclosure shall submit to the court, in the case of a 
        judicial foreclosure, or to the office of the State or other 
        subdivision of the State to which notice of default, 
        foreclosure, or sale of the foreclosed property is required 
        under State law to be submitted, in the case of a nonjudicial 
        foreclosure, a report prepared by an independent party that 
        includes the following information:
                    (A) A statement of findings as to whether the 
                covered residential mortgage was made and serviced in 
                compliance with the terms of, and regulations under, 
                the following laws:
                            (i) The Truth in Lending Act (15 U.S.C. 
                        1601) and Regulation Z of the Board of 
                        Governors of the Federal Reserve System under 
                        such Act.
                            (ii) The Equal Credit Opportunity Act (15 
                        U.S.C. 1691 et seq.) and Regulation B of the 
                        Board of Governors of the Federal Reserve 
                        System under such Act.
                            (iii) The Fair Debt Collection Practices 
                        Act (15 U.S.C. 1692 et seq.).
                            (iv) The Federal Fair Credit Reporting Act 
                        (15 U.S.C. 1681 et seq.).
                            (v) The Real Estate Settlement Procedures 
                        Act of 1974 (12 U.S.C. 2601 et seq.) and 
                        Regulation X of the Secretary of Housing and 
                        Urban Development under such Act.
                            (vi) The Flood Disaster Protection Act of 
                        1973 (42 U.S.C. 2002 et seq.).
                            (vii) The Fair Housing Act (42 U.S.C. 3601 
                        et seq.).
                            (viii) The Home Mortgage Disclosure Act of 
                        1975 (12 U.S.C. 2801 et seq.).
                            (ix) The Financial Institutions Reform, 
                        Recovery, and Enforcement Act of 1989 (Public 
                        Law 101-73).
                            (x) Any applicable provisions of State and 
                        local law relating to real estate lending or 
                        consumer protection.
                    (B) Certification of any mortgage modification 
                efforts that were employed and any offers made to the 
                mortgagor by the person commencing the foreclosure.
                    (C) If any noncompliance is found pursuant to 
                subparagraph (A), a statement as to whether the 
                violations are such that the mortgagor should be 
                afforded an extended right, beyond the period permitted 
                under State law--
                            (i) to rescind the mortgage in defense of 
                        the foreclosure; or
                            (ii) to redeem the mortgage.
                    (D) Identification of--
                            (i) the actual holder of the mortgage note, 
                        the originating lender for the mortgage and all 
                        subsequent assignees, and other all parties who 
                        have an interest in the real estate that is 
                        subject to the mortgage or in the mortgage or 
                        the proceeds of the mortgage; and
                            (ii) any parties identified pursuant to 
                        clause (i) that received any assistance 
                        pursuant to title I of the Emergency Economic 
                        Stabilization Act of 2008 (12 U.S.C. 5211 et 
                        seq.) and the amount of any such assistance 
                        received.
                    (E) A statement of whether a bona fide default on 
                the covered mortgage has occurred.
                    (F) A description of any hardship circumstances 
                regarding the economic circumstances of the mortgagor 
                that would be relevant to a determination by the 
                mortgagee of whether to modify the mortgage.
                    (G) A statement of whether the mortgage is insured 
                under title II of the National Housing Act (12 U.S.C. 
                1707 et seq.).
                    (H) A statement of whether the mortgage is, or any 
                terms of the mortgage are, unfair or constitute an 
                unfair or deceptive act or practice violating the 
                Federal Trade Commission Act (15 U.S.C. 41 et seq.), 
                and if so, a description of the unfairness or the 
                unfair or deceptive act or practice.
                    (I) A statement of whether any material 
                misrepresentations were made that fraudulently induced 
                the mortgagor to enter into the transaction to his or 
                her detriment, and if so, a description of such 
                misrepresentation.
                    (J) Identification of any offsets to the creditor 
                claim on the mortgage.
                    (K) A statement of the racial characteristics, 
                gender, census tract, and income level of the 
                mortgagor, as such terms are used for purposes of 
                compliance with the Home Mortgage Disclosure Act of 
                1975 (12 U.S.C. 2801 et seq.).
            (2) Required notification.--The person commencing the 
        foreclosure shall provide notice to the mortgagor, in writing, 
        not less than 5 days before any action is taken to commence the 
        proceeding or action for foreclosure, and shall certify to the 
        court, in the case of a judicial foreclosure, or to the office 
        of the State or other subdivision of the State to which notice 
        of default, foreclosure, or sale of the foreclosed property is 
        required under State law to be submitted in the case of a 
        nonjudicial foreclosure, that such notice has been provided, 
        that includes the following information:
                    (A) A statement of any rights of the mortgagor 
                under the applicable laws governing the foreclosure and 
                consumer rights.
                    (B) A statement of any deadlines for filing 
                answers, defenses, or objections to the foreclosure, 
                including those rights of the mortgagor under the Real 
                Estate Settlement Procedures Act of 1974 and any 
                applicable State laws.
                    (C) A statement of any penalties and other 
                consequences for the mortgagor if the mortgagor does 
                not respond or file answers to the foreclosure.
                    (D) A statement of the amounts claimed to be in 
                arrears under the mortgage and needed to reinstate the 
                account and all associated costs and fees, set forth in 
                itemized and distinct categories, and current and 
                correct contact information, including telephone 
                numbers, electronic mail addresses, and postal 
                addresses, at which the mortgagor can obtain further 
                information regarding the mortgage account.
                    (E) A description of any additional options, such 
                as mortgage workout, modification, mitigation, and 
                redemption, that might be available to the mortgagor to 
                prevent the foreclosure from proceeding and a 
                description of how the mortgagor can obtain additional 
                information regarding such options.
                    (F) A statement of the correct names, telephone 
                numbers, electronic mail addresses, postal addresses, 
                and any State licensing numbers of the mortgage holder, 
                the mortgage servicer, and the person or persons 
                authorized to take the actions described pursuant to 
                subparagraph (E).

SEC. 3. DEFINITIONS.

    For purposes of this Act, the following definitions shall apply:
            (1) Independent party.--The term ``independent party'' 
        means, with respect to foreclosure on a covered residential 
        mortgage, an individual who has no interest in, or affiliation 
        with, any party involved in such foreclosure or with the 
        covered residential mortgage involved in such foreclosure, 
        including any party that owns, manages, controls, or directs 
        such an involved party, any party that is owned, managed, 
        controlled, or directed by such an involved party, or any party 
        that is under common ownership, management, control, or 
        direction with such an involved party.
            (2) Covered residential mortgage.--The term ``covered 
        residential mortgage'' means a mortgage that meets the 
        following requirements:
                    (A) The property securing the obligation under the 
                mortgage shall be a one- to four-family dwelling, 
                including a condominium or a share in a cooperative 
                ownership housing association.
                    (B) The mortgagor under the mortgage shall occupy 
                the property securing the obligation under the mortgage 
                as his or her principal residence.
            (3) Mortgage.--
                    (A) In general.--The term ``mortgage'' means a deed 
                of trust, mortgage, deed to secure debt, security 
                agreement, or any other form of instrument under which 
                any property (real, personal, or mixed), or any 
                interest in property (including leaseholds, life 
                estates, reversionary interests, and any other estates 
                under applicable State law), is conveyed in trust, 
                mortgaged, encumbered, pledged, or otherwise rendered 
                subject to a lien for the purpose of securing the 
                payment of money or the performance of an obligation.
                    (B) Condominiums and cooperatives.--Such term 
                includes a first mortgage given to secure--
                            (i) the unpaid purchase price of a fee 
                        interest in, or a long-term leasehold interest 
                        in, a one-family unit in a multifamily project, 
                        including a project in which the dwelling units 
                        are attached or are manufactured housing units, 
                        semi-detached, or detached, and an undivided 
                        interest in the common areas and facilities 
                        that serve the project; or
                            (ii) repayment of a loan made to finance 
                        the purchase of stock or membership in a 
                        cooperative housing corporation the permanent 
                        occupancy of dwelling units of which is 
                        restricted to members of such corporation, 
                        where the purchase of such stock or membership 
                        entitles the purchaser to the permanent 
                        occupancy of one of such units.

SEC. 4. RELATION TO STATE LAW.

    This Act does not annul, alter, or affect, or exempt any person 
subject to the provisions of this Act from complying with, the laws of 
any State or subdivision thereof with respect to foreclosure on a 
residential mortgage, except to the extent that those laws are 
inconsistent with any provision of this Act, and then only to the 
extent of the inconsistency. No provision of the laws of any State or 
subdivision thereof may be determined to be inconsistent with any 
provision of this Act if such law is determined to require greater 
disclosure or notice than is required under this Act or to provide 
greater protection to the mortgagee than is required under this Act.


Output: Produce the Note Act of 2009 - Prohibits commencement of any foreclosure in connection with certain residential mortgages unless the person commencing the foreclosure complies with specified prerequisites, including identification of the actual holder of the mortgage note, the originating mortgage lender and all subsequent assignees, and other all parties who have an interest in the real estate subject to the mortgage or in the mortgage or its proceeds.

Requires the person commencing the foreclosure to: (1) notify the mortgagor, in writing, not less than five days before any action is taken to commence foreclosure; and (2) certify to the court, in the case of a judicial foreclosure, or to the office of the state to which notice is required under state law, that such notice has been provided.