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

[Q]: SECTION 1. CONGRESSIONAL FINDINGS.

    The Congress makes the following findings:
            (1) The People's Liberation Army is the principal 
        instrument of repression within the People's Republic of China, 
        responsible for occupying Tibet since 1950, massacring hundreds 
        of students and demonstrators for democracy in Tiananmen Square 
        on June 4, 1989, and running the Laogai (``reform through 
        labor'') slave labor camps.
            (2) The People's Liberation Army is engaged in a massive 
        military buildup, which has involved a doubling since 1992 of 
        announced official figures for military spending by the 
        People's Republic of China.
            (3) The People's Liberation Army is engaging in a major 
        ballistic missile modernization program which could undermine 
        peace and stability in East Asia, including 2 new 
        intercontinental missile programs, 1 submarine-launched missile 
        program, a new class of compact but long-range cruise missiles, 
        and an upgrading of medium- and short-range ballistic missiles.
            (4) The People's Liberation Army is working to coproduce 
        the SU-27 fighter with Russia, and is in the process of 
        purchasing several substantial weapons systems from Russia, 
        including the 633 model of the Kilo-class submarine and the SS-
        N-22 Sunburn missile system specifically designed to 
        incapacitate United States aircraft carriers and Aegis 
        cruisers.
            (5) The People's Liberation Army has carried out acts of 
        aggression in the South China Sea, including the February 1995 
        seizure of the Mischief Reef in the Spratley Islands, which is 
        claimed by the Philippines.
            (6) In July 1995 and in March 1996, the People's Liberation 
        Army conducted missile tests to intimidate Taiwan when Taiwan 
        held historic free elections, and those tests effectively 
        blockaded Taiwan's 2 principal ports of Keelung and Kaohsiung.
            (7) The People's Liberation Army has contributed to the 
        proliferation of technologies relevant to the refinement of 
        weapons-grade nuclear material, including transferring ring 
        magnets to Pakistan.
            (8) The People's Liberation Army and associated defense 
        companies have provided ballistic missile components, cruise 
        missiles, and chemical weapons ingredients to Iran, a country 
        that the executive branch has repeatedly reported to Congress 
        is the greatest sponsor of terrorism in the world.
            (9) In May 1996, United States authorities caught the 
        People's Liberation Army enterprise Poly Technologies and the 
        civilian defense industrial company Norinco attempting to 
        smuggle 2,000 AK-47s into Oakland, California, and offering to 
        sell urban gangs shoulder-held missile launchers capable of 
        ``taking out a 747'' (which the affidavit of the United States 
        Customs Service of May 21, 1996, indicated that the 
        representative of Poly Technologies and Norinco claimed), and 
        Communist Chinese authorities punished only 4 low-level arms 
        merchants by sentencing them on May 17, 1997, to brief prison 
        terms.
            (10) The People's Liberation Army contributes to the 
        People's Republic of China's failure to meet the standards of 
        the 1995 Memorandum of Understanding with the United States on 
        intellectual property rights by running factories which pirate 
        videos, compact discs, and computer software that are products 
        of the United States.
            (11) The People's Liberation Army contributes to the 
        People's Republic of China's failing to meet the standards of 
        the February 1997 Memorandum of Understanding with the United 
        States on textiles by operating enterprises engaged in the 
        transshipment of textile products to the United States through 
        third countries.
            (12) The estimated $2 billion to $3 billion in annual 
        earnings of People's Liberation Army enterprises subsidize the 
        expansion and activities of the People's Liberation Army 
        described in this subsection.
            (13) The commercial activities of the People's Liberation 
        Army are frequently conducted on noncommercial terms, or for 
        noncommercial purposes such as military or foreign policy 
        considerations.

SEC. 2. APPLICATION OF AUTHORITIES UNDER THE INTERNATIONAL EMERGENCY 
              ECONOMIC POWERS ACT TO CHINESE MILITARY COMPANIES.

    (a) Determination of Communist Chinese Military Companies.--
            (1) In general.--Subject to paragraphs (2) and (3), not 
        later than 90 days after the date of the enactment of this Act, 
        the Secretary of Defense, in consultation with the Attorney 
        General, the Director of Central Intelligence, and the Director 
        of the Federal Bureau of Investigation, shall compile a list of 
        persons who are Communist Chinese military companies and who 
        are operating directly or indirectly in the United States or 
        any of its territories and possessions, and shall publish the 
        list of such persons in the Federal Register. On an ongoing 
        basis, the Secretary of Defense, in consultation with the 
        Attorney General, the Director of Central Intelligence, and the 
        Director of the Federal Bureau of Investigation, shall make 
        additions or deletions to the list based on the latest 
        information available.
            (2) Communist chinese military company.--For purposes of 
        making the determination required by paragraph (1), the term 
        ``Communist Chinese military company''--
                    (A) means a person that is--
                            (i) engaged in providing commercial 
                        services, manufacturing, producing, or 
                        exporting, and
                            (ii) owned or controlled by the People's 
                        Liberation Army, and
                    (B) includes, but is not limited to, any person 
                identified in the United States Defense Intelligence 
                Agency publication numbered VP-1920-271-90, dated 
                September 1990, or PC-1921-57-95, dated October 1995, 
                and any update of such reports for the purposes of this 
                Act.
    (b) Presidential Authority.--
            (1) Authority.--The President may exercise the authorities 
        set forth in section 203(a) of the International Emergency 
        Economic Powers Act (50 U.S.C. 1702(a)) with respect to any 
        commercial activity in the United States by a Communist Chinese 
        military company (except with respect to authorities relating 
        to importation), without regard to section 202 of that Act.
            (2) Penalties.--The penalties set forth in section 206 of 
        the International Emergency Economic Powers Act (50 U.S.C. 
        1705) shall apply to violations of any license, order, or 
        regulation issued under paragraph (1).

SEC. 3. DEFINITION.

    For purposes of this Act, the term ``People's Liberation Army'' 
means the land, naval, and air military services, the police, and the 
intelligence services of the Communist Government of the People's 
Republic of China, and any member of any such service or of such 
police.

            Passed the House of Representatives November 7, 1997.

            Attest:

                                                ROBIN H. CARLE,

                                                                 Clerk.
[A]: Directs the Secretary of Defense to list, and publish in the Federal Register, persons who are Communist Chinese military companies operating directly or indirectly in the United States or any of its territories and possessions.  Authorizes the President to exercise authorities under the International Emergency Economic Powers Act (except those relating to importation) to regulate, prohibit, or penalize certain transactions involving foreign currency, transfers of credit, or property with respect to any activities of such companies in the United States.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Muhammad Ali Commemorative Coin 
Act''.

SEC. 2. FINDINGS.

    Congress finds that--
            (1) Muhammad Ali was an Olympic gold medalist, 3-time World 
        Heavyweight Champion boxer, and one of the most celebrated and 
        well-known athletes in American history;
            (2) Muhammad Ali showed, beyond his impressive fighting 
        prowess in the boxing ring, even greater courage and tenacity 
        as an advocate outside the ring;
            (3) Muhammad Ali was a great philanthropist and a strong 
        champion of peace, equality, and freedom;
            (4) Muhammad Ali remains an icon of freedom of conscience;
            (5) Muhammad Ali was a prominent African American of the 
        Muslim faith, and was, and continues to be, a role model to the 
        citizens of the United States of all races, ethnicities, and 
        religions;
            (6) Muhammad Ali used his fame to advocate for humanitarian 
        causes in audiences with world leaders ranging from religious 
        leaders to heads of state; and
            (7) Muhammad Ali inspired people around the globe in 
        displaying the same vibrant and larger-than-life character and 
        dedication in spite of his physical ailments.

SEC. 3. COIN SPECIFICATIONS.

    (a) Denominations.--The Secretary of the Treasury (hereafter in 
this Act referred to as the ``Secretary'') shall mint and issue the 
following coins in commemoration of Muhammad Ali:
            (1) $5 gold coins.--Not more than 100,000 $5 coins, which 
        shall--
                    (A) weigh 8.359 grams;
                    (B) have a diameter of 0.850 inches; and
                    (C) contain 90 percent gold and 10 percent alloy.
            (2) $1 silver coins.--Not more than 350,000 $1 coins, which 
        shall--
                    (A) weigh 26.73 grams;
                    (B) have a diameter of 1.500 inches; and
                    (C) contain not less than 90 percent silver.
    (b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of section 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.

SEC. 4. DESIGN OF COINS.

    (a) Design Requirements.--
            (1) In general.--The design of the coins minted under this 
        Act shall be emblematic of the life and legacy of Muhammad Ali.
            (2) Design and inscriptions.--On each coin minted under 
        this Act there shall be--
                    (A) a designation of the value of the coin;
                    (B) an inscription of the year 2020; and
                    (C) inscriptions of the words ``Liberty'', ``In God 
                We Trust'', ``United States of America'', and ``E 
                Pluribus Unum''.
    (b) Selection.--The design for the coins minted under this Act 
shall be--
            (1) selected by the Secretary after consultation with the 
        Muhammad Ali Center; and
            (2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Mint Facility.--Only 1 facility of the United States Mint may 
be used to strike any particular quality of the coins minted under this 
Act.
    (c) Period for Issuance.--The Secretary may issue coins minted 
under this Act only during the 1-year period beginning on January 1, 
2020.

SEC. 6. SALE OF COINS.

    (a) Sale Price.--The coins issued under this Act shall be sold by 
the Secretary at a price equal to the sum of--
            (1) the face value of the coins;
            (2) the surcharge provided in section 7(a) with respect to 
        such coins; and
            (3) the cost of designing and issuing the coins (including 
        labor, materials, dies, use of machinery, overhead expenses, 
        marketing, and shipping).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
issued under this Act at a reasonable discount.
    (c) Prepaid Orders.--
            (1) In general.--The Secretary shall accept prepaid orders 
        for the coins minted under this Act before the issuance of such 
        coins.
            (2) Discount.--Sale prices with respect to prepaid orders 
        under paragraph (1) shall be at a reasonable discount.

SEC. 7. SURCHARGES.

    (a) In General.--All sales of coins issued under this Act shall 
include a surcharge of--
            (1) $35 per coin for the $5 coin; and
            (2) $10 per coin for the $1 coin.
    (b) Distribution.--Subject to section 5134(f)(1) of title 31, 
United States Code, all surcharges received by the Secretary from the 
sale of coins issued under this Act shall be promptly paid by the 
Secretary as follows:
            (1) Eighty percent of the surcharges shall be paid to the 
        Muhammad Ali Center in Louisville, Kentucky, to ensure growth 
        and innovation in museum programming to research, promote, and 
        educate on the legacy of Muhammad Ali.
            (2) Ten percent of the surcharges shall be paid to the 
        Muhammad Ali Institute for Peace and Justice at the University 
        of Louisville to advance the work, study and practice of 
        peacebuilding, social justice, and violence prevention through 
        the development of innovative educational programs, training, 
        service, and research.
            (3) Ten percent of the surcharges shall be paid to the 
        Muhammad Ali Parkinson Center (MAPC) and Movement Disorder 
        Clinic to continue serving as a resource for Parkinson's 
        disease patients and their families through the provision of 
        diagnosis, treatments, research, and education.
    (c) Audit.--The Comptroller General of the United States shall have 
the right to examine such books, records, documents, and other data of 
each of the organizations referred to in subsection (b) as may be 
related to the expenditures of amounts paid under that subsection.
    (d) Limitations.--Notwithstanding subsection (a), no surcharge may 
be included with respect to the issuance under this Act of any coin 
during a calendar year if, as of the time of such issuance, the 
issuance of such coin would result in the number of commemorative coin 
programs issued during such year to exceed the annual 2 commemorative 
coin program issuance limitation under section 5112(m)(1) of title 31, 
United States Code (as in effect on the date of the enactment of this 
Act). The Secretary of the Treasury may issue guidance to carry out 
this subsection.
[A]: Muhammad Ali Commemorative Coin Act This bill requires the Department of the Treasury to mint and issue commemorative coins that emblemize the life and legacy of Muhammad Ali.&nbsp; Surcharges received from the sale of these coins shall be paid to: (1) the Muhammad Ali Center in Louisville, Kentucky; (2) the Muhammad Ali Institute for Peace and Justice at the University of Louisville; and (3) the Muhammad Ali Parkinson Center and Movement Disorder Clinic.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Audit the Pentagon Act of 2015''.

SEC. 2. PURPOSES.

    The purposes of this Act are as follows:
            (1) To strengthen American national security by ensuring 
        that--
                    (A) military planning, operations, weapons 
                development, and a long-term national security strategy 
                are connected to sound financial controls; and
                    (B) defense dollars are spent efficiently.
            (2) To instill a culture of accountability at the 
        Department of Defense that supports the vast majority of 
        dedicated members of the Armed Forces and civilians who want to 
        ensure proper accounting and prevent waste, fraud, and abuse.

SEC. 3. FINDINGS.

    Congress finds the following:
            (1) The 2013 Financial Report of the United States 
        Government found that, of major agencies, only the Department 
        of Defense had a ``disclaimer'' because it lacked any auditable 
        reporting or accounting available for independent review. In 
        the Financial Report, the Treasury Department summarized: 
        ``Since the passage of the CFO Act of 1990, the federal 
        financial community has made important strides in instilling 
        strong accounting and financial reporting practices. In 2014, 
        23 of the 24 CFO Act agencies obtained an opinion from the 
        independent auditors on their financial statements. Out of the 
        24 major `CFO Act' agencies, there were 22 clean opinions, 1 
        qualified opinion, and only one remaining disclaimer in FY 
        2013. . . . However, weaknesses in basic financial management 
        practices and other limitations continue to prevent one major 
        agency, and the Government as a whole, from achieving an audit 
        opinion.''.
            (2) The financial management of the Department of Defense 
        has been on the ``High-Risk'' list of the Government 
        Accountability Office (GAO). The GAO found that the Department 
        is not consistently able to ``control costs; ensure basic 
        accountability; anticipate future costs and claims on the 
        budget; measure performance; maintain funds control; and 
        prevent and detect fraud, waste, and abuse''.
            (3) At a September 2010 hearing of the Senate, the 
        Government Accountability Office stated that past expenditures 
        by the Department of Defense of $5,800,000,000 to improve 
        financial information, and billions of dollars more of 
        anticipated expenditures on new information technology systems 
        for that purpose, may not suffice to achieve full audit 
        readiness of the financial statement of the Department.
            (4) Section 9 of article 1 of the Constitution of the 
        United States requires all agencies of the Federal Government, 
        including the Department of Defense, to publish ``a regular 
        statement and account of the receipts and expenditures of all 
        public money''.
            (5) Section 303(d) of the Chief Financial Officers Act of 
        1990 (Public Law 101-576) required that financial statements be 
        prepared and independently audited for the Department of the 
        Army by March 31, 1992, and for the Department of the Air Force 
        by March 31, 1993. Neither the Department of the Army nor the 
        Department of the Air Force has complied.
            (6) Section 3515 of title 31, United States Code, requires 
        the agencies of the Federal Government, including the 
        Department of Defense, to present auditable financial 
        statements beginning not later than March 1, 1997. The 
        Department has not complied with this law.
            (7) The Federal Financial Management Improvement Act of 
        1996 (31 U.S.C. 3512 note) requires financial systems acquired 
        by the Federal Government, including the Department of Defense, 
        to be able to provide information to leaders to manage and 
        control the cost of government. The Department has not complied 
        with this law.
            (8) In 2005, the Department of Defense created a Financial 
        Improvement and Audit Readiness (FIAR) Plan, overseen by a 
        directorate within the office of the Under Secretary of Defense 
        (Comptroller), to improve Department business processes with 
        the goal of producing timely, reliable, and accurate financial 
        information that could generate an audit-ready annual financial 
        statement. In December 2005, that directorate, known as the 
        FIAR Directorate, issued the first of a series of semiannual 
        reports on the status of the Financial Improvement and Audit 
        Readiness Plan.
            (9) Secretary of Defense Robert M. Gates said in a speech 
        on May 24, 2011: ``The current apparatus for managing people 
        and money across the DoD enterprise is woefully inadequate. The 
        agencies, field activities, joint headquarters, and support 
        staff functions of the department operate as a semi-feudal 
        system--an amalgam of fiefdoms without centralized mechanisms 
        to allocate resources, track expenditures, and measure results 
        relative to the department's overall priorities.''.
            (10) The accounting problems of the Department of Defense 
        result in widespread errors in pay that can be difficult to 
        correct. Such payroll errors can impose hardship on members of 
        the Armed Forces and their families.

SEC. 4. SPENDING REDUCTIONS FOR AGENCIES WITHOUT CLEAN AUDITS.

    (a) Applicability.--
            (1) In general.--Subject to paragraph (2), this section 
        applies to each Federal agency identified by the Director of 
        the Office of Management and Budget as required to have an 
        audited financial statement under section 3515 of title 31, 
        United States Code.
            (2) Applicability to military departments and defense 
        agencies.--For purposes of paragraph (1), in the case of the 
        Department of Defense, each military department and each 
        Defense Agency shall be treated as a separate Federal agency.
    (b) Definitions.--In this section, the terms ``financial 
statement'' and ``external independent auditor'' have the same meanings 
as those terms have under section 3521(e) of title 31, United States 
Code.
    (c) Adjustments for Financial Accountability.--
            (1) On March 2 of fiscal year 2016 and each subsequent 
        fiscal year, the discretionary budget authority available for 
        each Federal agency for such fiscal year is adjusted as 
        provided in paragraph (2).
            (2) If a Federal agency has not submitted a financial 
        statement for the previous fiscal year, or if such financial 
        statement has not received either an unqualified or a qualified 
        audit opinion by an independent external auditor, the 
        discretionary budget authority available for the Federal agency 
        is reduced by .5 percent, with the reduction applied 
        proportionately to each account (other than an account listed 
        in subsection (d) or an account for which a waiver is made 
        under subsection (e)).
            (3) Consistent with applicable laws, the Secretary of 
        Defense may make any reduction under paragraph (2) in a manner 
        that minimizes any effect on national security.
            (4) An amount equal to the total amount of any reduction 
        under paragraph (2) shall be retained in the general fund of 
        the Treasury for the purposes of deficit reduction.
    (d) Accounts Excluded.--The following accounts are excluded from 
any reductions referred to in subsection (c)(2):
            (1) Military personnel, reserve personnel, and National 
        Guard personnel accounts of the Department of Defense.
            (2) The Defense Health Program account of the Department of 
        Defense.
    (e) Waiver.--The President may waive subsection (c)(2) with respect 
to an account if the President certifies that applying the subsection 
to that account would harm national security or members of the Armed 
Forces who are in combat.
    (f) Report.--Not later than 60 days after an adjustment under 
subsection (c), the Director of the Office of Management and Budget 
shall submit to Congress a report describing the amount and account of 
each adjustment.

SEC. 5. REPORT ON DEPARTMENT OF DEFENSE REPORTING REQUIREMENTS.

    Not later than 180 days after the date of the enactment of this 
Act, the Under Secretary of Defense (Comptroller) shall submit to 
Congress a report setting forth a list of each report of the Department 
required by law to be submitted to Congress which, in the opinion of 
the Under Secretary, interferes with the capacity of the Department to 
achieve an audit of the financial statements of the Department with an 
unqualified opinion.

SEC. 6. SENSE OF CONGRESS.

    It is the sense of Congress that--
            (1) as the overall defense budget is cut, congressional 
        defense committees and the Department of Defense should not 
        endanger the Nation's troops by reducing wounded warrior 
        accounts or vital protection (such as body armor) for members 
        of the Armed Forces in harm's way;
            (2) the valuation of legacy assets by the Department of 
        Defense should be simplified without compromising essential 
        controls or generally accepted government auditing standards; 
        and
            (3) nothing in this Act should be construed to require or 
        permit the declassification of accounting details about 
        classified defense programs, and, as required by law, the 
        Department of Defense should ensure financial accountability in 
        such programs using proven practices, including using auditors 
        with security clearances.
[A]:
Audit the Pentagon Act of 2015  This bill reduces discretionary spending by 0.5% for federal agencies that have either not submitted a financial statement for a fiscal year or have submitted a financial statement that has not received an unqualified or a qualified audit opinion by an independent external auditor. The bill excludes specified Department of Defense (DOD) accounts for personnel and the Defense Health Program from the reductions. The President may waive the reductions for any account by certifying that the cuts would harm national security or members of the Armed Forces who are in combat.  The bill establishes reporting requirements for the Office of Management and Budget and DOD.