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

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Intelligence Authorization Act for 
Fiscal Year 2015''.

                    TITLE I--INTELLIGENCE ACTIVITIES

SEC. 101. AUTHORIZATION OF APPROPRIATIONS.

    Funds are hereby authorized to be appropriated for fiscal year 2015 
for the conduct of the intelligence and intelligence-related activities 
of the following elements of the United States Government:
            (1) The Office of the Director of National Intelligence.
            (2) The Central Intelligence Agency.
            (3) The Department of Defense.
            (4) The Defense Intelligence Agency.
            (5) The National Security Agency.
            (6) The Department of the Army, the Department of the Navy, 
        and the Department of the Air Force.
            (7) The Coast Guard.
            (8) The Department of State.
            (9) The Department of the Treasury.
            (10) The Department of Energy.
            (11) The Department of Justice.
            (12) The Federal Bureau of Investigation.
            (13) The Drug Enforcement Administration.
            (14) The National Reconnaissance Office.
            (15) The National Geospatial-Intelligence Agency.
            (16) The Department of Homeland Security.

SEC. 102. CLASSIFIED SCHEDULE OF AUTHORIZATIONS.

    (a) Specifications of Amounts and Personnel Levels.--The amounts 
authorized to be appropriated under section 101 and, subject to section 
103, the authorized personnel ceilings as of September 30, 2015, for 
the conduct of the intelligence activities of the elements listed in 
paragraphs (1) through (16) of section 101, are those specified in the 
classified Schedule of Authorizations prepared to accompany the bill 
H.R. __ of the One Hundred Thirteenth Congress.
    (b) Availability of Classified Schedule of Authorizations.--
            (1) Availability.--The classified Schedule of 
        Authorizations referred to in subsection (a) shall be made 
        available to the Committee on Appropriations of the Senate, the 
        Committee on Appropriations of the House of Representatives, 
        and to the President.
            (2) Distribution by the president.--Subject to paragraph 
        (3), the President shall provide for suitable distribution of 
        the classified Schedule of Authorizations, or of appropriate 
        portions of the Schedule, within the executive branch.
            (3) Limits on disclosure.--The President shall not publicly 
        disclose the classified Schedule of Authorizations or any 
        portion of such Schedule except--
                    (A) as provided in section 601(a) of the 
                Implementing Recommendations of the 9/11 Commission Act 
                of 2007 (50 U.S.C. 3306(a));
                    (B) to the extent necessary to implement the 
                budget; or
                    (C) as otherwise required by law.

SEC. 103. PERSONNEL CEILING ADJUSTMENTS.

    (a) Authority for Increases.--With the approval of the Director of 
the Office of Management and Budget, the Director of National 
Intelligence may authorize employment of civilian personnel in excess 
of the number of positions authorized for fiscal year 2015 by the 
classified Schedule of Authorizations referred to in section 102(a) if 
the Director of National Intelligence determines that such action is 
necessary to the performance of important intelligence functions, 
except that the number of personnel employed in excess of the number 
authorized under such section may not, for any element of the 
intelligence community, exceed 3 percent of the number of civilian 
personnel authorized under such Schedule for such element.
    (b) Treatment of Certain Personnel.--The Director of National 
Intelligence shall establish guidelines that govern, for each element 
of the intelligence community, the treatment under the personnel levels 
authorized under section 102(a), including any exemption from such 
personnel levels, of employment or assignment in--
            (1) a student program, trainee program, or similar program;
            (2) a reserve corps or as a reemployed annuitant; or
            (3) details, joint duty, or long-term, full-time training.
    (c) Notice to Congressional Intelligence Committees.--The Director 
of National Intelligence shall notify the congressional intelligence 
committees in writing at least 15 days prior to each exercise of an 
authority described in subsection (a).

SEC. 104. INTELLIGENCE COMMUNITY MANAGEMENT ACCOUNT.

    (a) Authorization of Appropriations.--There is authorized to be 
appropriated for the Intelligence Community Management Account of the 
Director of National Intelligence for fiscal year 2015 the sum of 
$__________. Within such amount, funds identified in the classified 
Schedule of Authorizations referred to in section 102(a) for advanced 
research and development shall remain available until September 30, 
2016.
    (b) Authorized Personnel Levels.--The elements within the 
Intelligence Community Management Account of the Director of National 
Intelligence are authorized __ positions as of September 30, 2015. 
Personnel serving in such elements may be permanent employees of the 
Office of the Director of National Intelligence or personnel detailed 
from other elements of the United States Government.
    (c) Classified Authorizations.--
            (1) Authorization of appropriations.--In addition to 
        amounts authorized to be appropriated for the Intelligence 
        Community Management Account by subsection (a), there are 
        authorized to be appropriated for the Community Management 
        Account for fiscal year 2015 such additional amounts as are 
        specified in the classified Schedule of Authorizations referred 
        to in section 102(a). Such additional amounts for advanced 
        research and development shall remain available until September 
        30, 2016.
            (2) Authorization of personnel.--In addition to the 
        personnel authorized by subsection (b) for elements of the 
        Intelligence Community Management Account as of September 30, 
        2015, there are authorized such additional personnel for the 
        Community Management Account as of that date as are specified 
        in the classified Schedule of Authorizations referred to in 
        section 102(a).

 TITLE II--CENTRAL INTELLIGENCE AGENCY RETIREMENT AND DISABILITY SYSTEM

SEC. 201. AUTHORIZATION OF APPROPRIATIONS.

    There is authorized to be appropriated for the Central Intelligence 
Agency Retirement and Disability Fund for fiscal year 2015 the sum of 
$__________.

                     TITLE III--GENERAL PROVISIONS

SEC. 301. INCREASE IN EMPLOYEE COMPENSATION AND BENEFITS AUTHORIZED BY 
              LAW.

    Appropriations authorized by this Act for salary, pay, retirement, 
and other benefits for Federal employees may be increased by such 
additional or supplemental amounts as may be necessary for increases in 
such compensation or benefits authorized by law.

SEC. 302. RESTRICTION ON CONDUCT OF INTELLIGENCE ACTIVITIES.

    The authorization of appropriations by this Act shall not be deemed 
to constitute authority for the conduct of any intelligence activity 
which is not otherwise authorized by the Constitution or the laws of 
the United States.
Example Output: Intelligence Authorization Act for Fiscal Year 2015 - Authorizes FY2015 appropriations for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence (DNI); (2) Central Intelligence Agency (CIA); (3) Department of Defense (DOD); (4) Defense Intelligence Agency (DIA); (5) National Security Agency (NSA); (6) Departments of the Army, Navy, and Air Force; (7) Coast Guard; (8) Departments of State, the Treasury, Energy (DOE), and Justice (DOJ); (9) Federal Bureau of Investigation (FBI); (10) Drug Enforcement Administration (DEA); (11) National Reconnaissance Office; (12) National Geospatial-Intelligence Agency; and (13) Department of Homeland Security (DHS). Specifies that the amounts authorized and the authorized personnel ceilings as of September 30, 2015, for such activities are those in the classified Schedule of Authorizations, which shall be made available to the congressional appropriations committees and the President. Allows the DNI, with the approval of the Office of Management and Budget (OMB), to authorize employment of civilian personnel in excess of the number authorized for FY2015 when necessary for the performance of important intelligence functions. Requires notification to the intelligence committees on the use of such authority. Requires the DNI to establish guidelines to govern the treatment under such authorized personnel levels of employment or assignment in: (1) a student or trainee program; (2) a reserve corps or as a reemployed annuitant; or (3) details, joint duty, or long term, full-time training. Authorizes appropriations for the Intelligence Community Management Account for FY2015, as well as for personnel positions for elements within such Account. Authorizes appropriations for FY2015 for the Central Intelligence Agency Retirement and Disability Fund. Permits appropriations authorized by this Act for salary, pay, retirement, and other benefits for federal employees to be increased by such additional or supplemental amounts as necessary for increases in such compensation or benefits authorized by law. Prohibits the authorization of appropriations by this Act from being deemed to constitute authority to conduct any intelligence activity not otherwise authorized by the Constitution or laws of the United States.

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``End-User Protection Act of 2014''.

SEC. 2. DEFINITIONS.

    (a) In General.--Section 1a of the Commodity Exchange Act (7 U.S.C. 
1a) is amended--
            (1) by redesignating paragraphs (8) through (51) as 
        paragraphs (9) through (52), respectively;
            (2) by inserting after paragraph (7) the following:
            ``(8) Commercial market participant.--The term `commercial 
        market participant' means any producer, processor, merchant, or 
        commercial user of an exempt or agricultural commodity, or the 
        products or by-products of an exempt or agricultural 
        commodity.'';
            (3) in subparagraph (B) of paragraph (48) (as so 
        redesignated), by striking clause (ii) and inserting the 
        following:
                            ``(ii) any purchase or sale of a 
                        nonfinancial commodity or security for deferred 
                        shipment or delivery, so long as the 
                        transaction is intended to be physically 
                        settled, including any stand-alone or embedded 
                        option for which exercise would result in a 
                        physical delivery obligation;''; and
            (4) in paragraph (50) (as redesignated by paragraph (1)), 
        by striking subparagraph (D) and inserting the following:
                    ``(D) De minimis exception.--
                            ``(i) In general.--The Commission shall 
                        exempt from designation as a swap dealer an 
                        entity that engages in a de minimis quantity of 
                        swap dealing (which shall not be less than 
                        $8,000,000,000) in connection with transactions 
                        with or on behalf of its customers.
                            ``(ii) Regulations.--The Commission shall 
                        promulgate regulations to establish the factors 
                        to be used in a determination under clause (i) 
                        to exempt, including any monetary or other 
                        levels established by the Commission, and those 
                        levels shall only be amended or changed through 
                        an affirmative action of the Commission 
                        undertaken by rule or regulation.''.
    (b) Financial Entity.--Section 2(h)(7)(C) of the Commodity Exchange 
Act (7 U.S.C. 2(h)(7)(C)) is amended--
            (1) in clause (iii)--
                    (A) by striking ``an entity whose'' and inserting 
                the following: ``an entity--
                                    ``(I) whose'';
                    (B) by striking the period at the end and inserting 
                a semicolon; and
                    (C) by adding at the end the following:
                                    ``(II) that is--
                                            ``(aa) a commercial market 
                                        participant;
                                            ``(bb) included in clause 
                                        (i)(VIII); and
                                            ``(cc) not supervised by a 
                                        prudential regulator; or
                                    ``(III) that is included in clause 
                                (i)(VIII) because--
                                            ``(aa) the entity regularly 
                                        enters into foreign exchange or 
                                        derivatives transactions on 
                                        behalf of, or to hedge or 
                                        mitigate, whether directly or 
                                        indirectly, the commercial risk 
                                        of 1 or more entities within 
                                        the same commercial enterprise 
                                        as the entity; or
                                            ``(bb) of the making of 
                                        loans to 1 or more entities 
                                        within the same commercial 
                                        enterprise as the entity.''; 
                                        and
            (2) by adding at the end the following:
                            ``(iv) Same commercial enterprise.--For 
                        purposes of clause (iii)(III), an entity shall 
                        be considered to be within the same commercial 
                        enterprise as another entity if--
                                    ``(I) 1 of the entities owns, 
                                directly or indirectly, at least a 
                                majority ownership interest in the 
                                other entity and reports its financial 
                                statements on a consolidated basis and 
                                the consolidated financial statements 
                                include the financial results of both 
                                entities; or
                                    ``(II) a third party owns at least 
                                a majority ownership interest in both 
                                entities and reports its financial 
                                statements on a consolidated basis and 
                                the financial statements of the third 
                                party include the financial results of 
                                both entities.
                            ``(v) Predominantly engaged.--
                                    ``(I) In general.--Not later than 
                                90 days after the date of enactment of 
                                this clause, the Commission shall 
                                promulgate regulations defining the 
                                term `predominantly engaged' for 
                                purposes of clause (i)(VIII).
                                    ``(II) Minimum revenues.--The 
                                regulations shall provide that an 
                                entity shall not be considered to be 
                                predominantly engaged in activities 
                                that are in the business of banking or 
                                financial in nature if the consolidated 
                                revenues of the entity derived from the 
                                activities constitute less than a 
                                percentage (as specified by the 
                                Commission in the regulations) of the 
                                total consolidated revenues of the 
                                entity.
                                    ``(III) Revenues from banking or 
                                financial activities.--In determining 
                                the percentage of the revenues of an 
                                entity that are derived from activities 
                                that are in the business of banking or 
                                financial in nature, the regulations 
                                shall exclude all revenues that are or 
                                result from foreign exchange or 
                                derivatives transactions used to hedge 
                                or mitigate commercial risk (as defined 
                                by the Commission in the 
                                regulations).''.

SEC. 3. REPORTING OF ILLIQUID SWAPS SO AS TO NOT DISADVANTAGE CERTAIN 
              NON-FINANCIAL END USERS.

    Section 2(a)(13) of the Commodity Exchange Act (7 U.S.C. 2(a)(13)) 
is amended--
            (1) in subparagraph (C), by striking ``The Commission'' and 
        inserting ``Except as provided in subparagraph (D), the 
        Commission'';
            (2) by redesignating subparagraphs (D) through (G) as 
        subparagraphs (E) through (H), respectively; and
            (3) by inserting after subparagraph (C) the following:
                    ``(D) Requirements for swap transactions in 
                illiquid markets.--
                            ``(i) Definition of illiquid markets.--In 
                        this subparagraph, the term `illiquid markets' 
                        means any market in which the volume and 
                        frequency of trading in swaps is at such a 
                        level as to allow identification of individual 
                        market participants.
                            ``(ii) Requirements.--Notwithstanding 
                        subparagraph (C), the Commission shall--
                                    ``(I) provide by rule for the 
                                public reporting of swap transactions, 
                                including price and volume data, in 
                                illiquid markets that are not cleared 
                                and entered into by a nonfinancial 
                                entity that is hedging or mitigating 
                                commercial risk in accordance with 
                                subsection (h)(7)(A); and
                                    ``(II) ensure that the swap 
                                transaction information described in 
                                subclause (I) is available to the 
                                public not sooner than 30 days after 
                                the swap transaction has been executed 
                                or at such later date as the Commission 
                                determines appropriate to protect the 
                                identity of participants and positions 
                                in illiquid markets and to prevent the 
                                elimination or reduction of market 
                                liquidity.''.

SEC. 4. TREATMENT OF AFFILIATES.

    Section 2(h)(7)(D)(i) of the Commodity Exchange Act (7 U.S.C. 
2(h)(7)(D)(i)) is amended--
            (1) by striking ``An affiliate'' and inserting ``A person 
        that is a financial entity and is an affiliate'';
            (2) by striking ``(including affiliate entities 
        predominantly engaged in providing financing for the purchase 
        of the merchandise or manufactured goods of the person)''; and
            (3) by striking ``and as an agent''.

SEC. 5. APPLICABILITY TO BONA FIDE HEDGE TRANSACTIONS OR POSITIONS.

    Section 4a(c) of the Commodity Exchange Act (7 U.S.C. 6a(c)) is 
amended--
            (1) in the second sentence of paragraph (1), by striking 
        ``into the future for which'' and inserting ``in the future, to 
        be determined by the Commission, for which either an 
        appropriate swap is available or''; and
            (2) in paragraph (2)--
                    (A) in the matter preceding subparagraph (A), by 
                striking ``subsection (a)(2)'' and all that follows 
                through ``position that--'' and inserting ``paragraphs 
                (2) and (5) of subsection (a) for swaps, contracts of 
                sale for future delivery, or options on the contracts 
                or commodities, a bona fide hedging transaction or 
                position is a transaction or position that--''; and
                    (B) in subparagraph (A)(ii), by striking ``of 
                risks'' and inserting ``or management of current or 
                anticipated risks''; and
            (3) by adding at the end the following:
            ``(3) Commission definition.--The Commission may further 
        define, by rule or regulation, what constitutes a bona fide 
        hedging transaction or position so long as the rule or 
        regulation is consistent with the requirements of subparagraphs 
        (A) and (B) of paragraph (2).''.

SEC. 6. REPORTING AND RECORDKEEPING.

    Section 4g(f) of the Commodity Exchange Act (7 U.S.C. 6g(f)) is 
amended--
            (1) by striking ``(f) Nothing contained in this section'' 
        and inserting the following:
    ``(f) Authority of Commission To Make Separate Determinations 
Unimpaired.--
            ``(1) In general.--Except as provided in paragraph (2), 
        nothing in this section''; and
            (2) by adding at the end the following:
            ``(2) Exception.--If the Commission imposes any requirement 
        under this section on any person that is not registered, or 
        required to be registered, with the Commission in any capacity, 
        that person shall satisfy the requirements of any rule, order, 
        or regulation under this section by maintaining a written 
        record of each cash or forward transaction related to a 
        reportable or hedging commodity interest transaction, futures 
        contract, option on a futures contract, or swap.
            ``(3) Sufficiency.--A written record described in paragraph 
        (2) shall be sufficient if the written record--
                    ``(A) memorializes the final agreement between the 
                parties, including the material economic terms of the 
                transaction; and
                    ``(B) is identifiable and searchable by 
                transaction.''.

SEC. 7. MARGIN REQUIREMENTS.

    (a) Commodity Exchange Act Amendment.--Section 4s(e) of the 
Commodity Exchange Act (7 U.S.C. 6s(e)) is amended by adding at the end 
the following:
            ``(4) Applicability with respect to counterparties.--The 
        requirements of paragraphs (2)(A)(ii) and (2)(B)(ii), including 
        the initial and variation margin requirements imposed by rules 
        adopted pursuant to paragraphs (2)(A)(ii) and (2)(B)(ii), shall 
        not apply to a swap in which a counterparty qualifies for an 
        exception under section 2(h)(7)(A) or 2(h)(7)(D), or an 
        exemption issued under section 4(c)(1) from the requirements of 
        section 2(h)(1)(A) for cooperative entities as defined in that 
        exemption.''.
    (b) Securities Exchange Act Amendment.--Section 15F(e) of the 
Securities Exchange Act of 1934 (15 U.S.C. 78o-10(e)) is amended by 
adding at the end the following:
            ``(4) Applicability with respect to counterparties.--The 
        requirements of paragraphs (2)(A)(ii) and (2)(B)(ii) shall not 
        apply to a security-based swap in which a counterparty 
        qualifies for an exception under section 3C(g)(1) or satisfies 
        the criteria in section 3C(g)(4).''.
    (c) Implementation.--The amendments made by this section to the 
Commodity Exchange Act (7 U.S.C. 1 et seq.) shall be implemented--
            (1) without regard to--
                    (A) chapter 35 of title 44, United States Code; and
                    (B) the notice and comment provisions of section 
                553 of title 5, United States Code;
            (2) through the promulgation of an interim final rule, 
        pursuant to which public comment is sought before a final rule 
        is issued; and
            (3) such that paragraph (1) shall apply solely to changes 
        to rules and regulations, or proposed rules and regulations, 
        that are limited to and directly a consequence of the 
        amendments.

SEC. 8. ANALYSIS BY THE COMMODITY FUTURES TRADING COMMISSION OF THE 
              COSTS AND BENEFITS OF REGULATIONS AND ORDERS.

    Section 15(a) of the Commodity Exchange Act (7 U.S.C. 19(a)) is 
amended by striking paragraphs (1) and (2) and inserting the following:
            ``(1) In general.--Before promulgating a regulation under 
        this Act or issuing an order (except as provided in paragraph 
        (3)), the Commission, acting through the Office of the Chief 
        Economist, shall--
                    ``(A) state a justification for the regulation or 
                order;
                    ``(B) state the baseline for the cost-benefit 
                analysis and explain how the regulation or order 
                measures costs against the baseline;
                    ``(C) assess the costs and benefits, both 
                qualitative and quantitative, of the intended 
                regulation or order;
                    ``(D) measure, and seek to improve, the actual 
                results of regulatory requirements; and
                    ``(E) propose or adopt a regulation or order only 
                on a reasoned determination that the benefits of the 
                intended regulation or order justify the costs of the 
                intended regulation or order (recognizing that some 
                benefits and costs are difficult to quantify).
            ``(2) Considerations.--In making a reasoned determination 
        of costs and benefits under paragraph (1), the Commission shall 
        consider--
                    ``(A) the protection of market participants and the 
                public;
                    ``(B) the efficiency, competitiveness, and 
                financial integrity of futures and swaps markets;
                    ``(C) the impact on market liquidity in the futures 
                and swaps markets;
                    ``(D) price discovery;
                    ``(E) sound risk management practices;
                    ``(F) the cost of available alternatives to direct 
                regulation;
                    ``(G) the degree and nature of the risks posed by 
                various activities within the scope of the jurisdiction 
                of the Commission;
                    ``(H) whether, consistent with obtaining regulatory 
                objectives, the regulation or order is tailored to 
                impose the least burden on society, including market 
                participants, individuals, businesses of differing 
                sizes, and other entities (including small communities 
                and governmental entities), taking into account, to the 
                extent practicable, the cumulative costs of regulations 
                and orders;
                    ``(I) whether the regulation or order is 
                inconsistent, incompatible, or duplicative of other 
                Federal regulations and orders; and
                    ``(J) whether, in choosing among alternative 
                regulatory approaches, those approaches maximize net 
                benefits (including potential economic, environmental, 
                and other benefits, distributive impacts, and 
                equity).''.
Example Output: End-User Protection Act of 2014 - Amends the Commodity Exchange Act with respect to exceptions to the requirement that any swap be cleared by a derivatives clearing organization either registered under that Act, or exempted from registration, if the swap is required to be cleared. Revises the definition of a financial entity subject to such requirement to exclude one that: (1) is a commercial market participant predominantly engaged in activities in the business of banking, or in activities that are financial in nature, but is not supervised by a prudential regulator; or (2) is considered as predominantly engaged in activities in the business of banking or in financial activities because it regularly enters into foreign exchange or derivatives transactions on behalf of, or to hedge or mitigate the commercial risk of, one or more other entities within the entity's same commercial enterprise, or because of making loans to one or more of such other entities. Directs the Commodity Futures Trading Commission (CFTC) to provide by rule for the public reporting of swap transactions, including price and volume data, in illiquid markets that are not cleared and entered into by a nonfinancial entity that is hedging or mitigating commercial risk. Defines &quot;illiquid&quot; as any market in which the volume and frequency of trading in swaps is at such a level as to allow identification of individual market participants. Requires the CFTC to ensure that such swap transaction information is not available to the public until 30 days after the transaction has been executed, or at an appropriate later date, in order to: (1) protect the identity of participants and positions in illiquid markets, and (2) prevent the elimination or reduction of market liquidity. Accords financial entities exempt from swap-clearing requirements the same treatment as exempted affiliates. Revises the exemption of bona fide hedge transactions or positions from certain trading limitations to set criteria for CFTC rules or regulations treating swaps, contracts of sale for future delivery, or options on the contracts or commodities as bona fide hedge transactions or positions also exempt from those limitations. Declares that, if the CFTC imposes any reporting and recordkeeping requirement on any person that is not registered, or required to be registered, with the CFTC, that person shall satisfy the requirements of any pertinent rule, order, or regulation by maintaining a written record of each cash or forward transaction related to a reportable or hedging commodity interest transaction, futures contract, option on a futures contract, or swap. Makes such a written record sufficient if it: (1) memorializes the final agreement between the parties, including the transaction's material economic terms; and (2) is identifiable and searchable by transaction. States that certain requirements for adoption of rules governing capital and margin requirements for swap dealers and major swap participants, including the initial and variation margin requirements imposed by rules adopted according to such requirements, shall not apply to a swap in which a counterparty qualifies for specified exceptions or exemptions. Revises requirements for a CFTC cost-benefit analysis made before an order is issued. Requires the CFTC, acting through the Office of the Chief Economist, among other things to:  state a justification for the regulation or order; state the baseline for the cost-benefit analysis and explain how the regulation or order measures costs against the baseline; assess the costs and benefits, both qualitative and quantitative, of the intended regulation or order; measure, and seek to improve, the actual results of regulatory requirements; and propose or adopt a regulation or order only on a reasoned determination that the benefits of the intended regulation or order justify its costs. 

Example Input: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Food for Peace Reform Act of 2015''.

SEC. 2. FOOD FOR PEACE PROGRAM.

    (a) In General.--Title XII of chapter 2 of part I of the Foreign 
Assistance Act of 1961 (22 U.S.C. 2220a et seq.) is amended--
            (1) by redesignating section 300 (22 U.S.C. 2220e) as 
        section 300A; and
            (2) by inserting after section 299 (22 U.S.C. 2220d) the 
        following:

``SEC. 300. FOOD FOR PEACE PROGRAM.

    ``(a) Establishment.--There is established in the United States 
Agency for International Development (referred to in this section as 
the `Agency') a food assistance program, which shall be known as the 
`Food for Peace Program'.
    ``(b) Emergency Assistance.--Notwithstanding any provision of law 
that prohibits or otherwise unduly restricts the Administrator of the 
Agency (referred to in this Act as the `Administrator') from carrying 
out the activities authorized under this section, the Administrator, 
under the Food for Peace Program, is authorized to provide assistance, 
consistent with this section, including through the provision of 
agricultural commodities produced in the United States or acquired 
through local or regional procurement (including products derived from 
agricultural commodities), funds, and vouchers to meet emergency food 
needs arising from manmade and natural disasters, including famines and 
other food crises.
    ``(c) Nonemergency Assistance.--
            ``(1) Objectives.--Notwithstanding section 55305 of title 
        46, United States Code, the Administrator, under the Food for 
        Peace Program, is authorized to provide assistance, directly or 
        through eligible organizations described in paragraph (2), and 
        consistent with this section, including through the provision 
        of agricultural commodities produced in the United States or 
        acquired through local or regional procurement (including 
        products derived from agricultural commodities), funds, and 
        vouchers to carry out nonemergency food security programs in 
        foreign countries to achieve any of the following objectives:
                    ``(A) Combating malnutrition, especially in 
                infants, children, and mothers, including through 
                appropriate health interventions directly related to 
                alleviating or preventing malnutrition.
                    ``(B) Addressing hunger needs.
                    ``(C) Mitigating food crises, particularly with 
                respect to vulnerable populations.
                    ``(D) Promoting resilient food security through 
                integrated and holistic programs that--
                            ``(i) improve agricultural productivity;
                            ``(ii) diversify incomes for vulnerable 
                        populations within the agricultural and other 
                        related sectors to reduce food insecurity;
                            ``(iii) enhance community and other 
                        development activities significantly linked to 
                        agricultural activities; and
                            ``(iv) improve environmental practices.
            ``(2) Eligible organizations.--An organization is eligible 
        to receive assistance under paragraph (1) if the organization 
        is--
                    ``(A) a private voluntary organization or 
                cooperative that is registered with the Administrator;
                    ``(B) directly supervised by an organization 
                described in subparagraph (A); or
                    ``(C) an intergovernmental organization, such as 
                the World Food Program.
    ``(d) Minimum Funding for Nonemergency Assistance.--
            ``(1) In general.--Except as provided in paragraphs (2) and 
        (3), of the amounts made available to carry out emergency and 
        nonemergency food assistance programs under this section, not 
        less than 20 percent nor more than 30 percent shall be expended 
        for each fiscal year to carry out subsection (c).
            ``(2) Minimum level.--The amount made available to carry 
        out subsection (c) shall not be less than $375,000,000 for any 
        fiscal year.
            ``(3) Waiver.--The Administrator may waive the requirements 
        under paragraphs (1) and (2) after certifying to the 
        appropriate congressional committees that--
                    ``(A)(i) additional funds are required to provide 
                food assistance to meet an urgent humanitarian need; 
                and
                    ``(ii) other sources of funds authorized for use in 
                emergency situations have already been obligated;
                    ``(B) additional funds subject to the waiver under 
                this paragraph are--
                            ``(i) first paid from unobligated funds; 
                        and
                            ``(ii) only paid from obligated funds if 
                        the additional funds are necessary to meet an 
                        urgent and compelling humanitarian need; and
                    ``(C) if the urgent humanitarian need is reasonably 
                expected to continue beyond the fiscal year during 
                which the need began, the budget request of the 
                President for the subsequent fiscal year will include a 
                request for emergency food assistance funding 
                authorized under subsection (b) to account for the 
                additional funds required to address the need.
            ``(4) Replenishment.--If the Administrator waives the 
        requirement described in paragraph (1), pursuant to paragraph 
        (3), the Administrator may expend funds authorized under 
        section 302 of the Agricultural Act of 1980 (7 U.S.C. 1736f-1) 
        in an amount equal to the total amount of funds subject to the 
        waiver to provide assistance under subsection (c).
    ``(e) Description of Intended Uses.--A proposal submitted by any 
eligible organization to enter into an agreement for a nonemergency 
food assistance agreement program with the Administrator under 
subsection (c) shall include--
            ``(1) a description of the proposed program;
            ``(2) a description of the manner in which the proposed 
        program would address 1 or more of the objectives described in 
        subsection (c) in the region in which the proposed program is 
        to be implemented;
            ``(3) the amount of funds requested;
            ``(4) a description of any agricultural commodities and 
        products derived from agricultural commodities that would be 
        used to implement the proposed program;
            ``(5) a description of the manner in which the organization 
        would work with indigenous institutions and communities to 
        carry out the proposed program;
            ``(6) a description of the proposed output impact and other 
        indicators that would be used to--
                    ``(A) monitor the progress of the proposed program; 
                and
                    ``(B) assist in determining whether the activities 
                funded under the proposed program are achieving program 
                objectives;
            ``(7) a description of proposed baseline data--
                    ``(A) that would be collected, to the maximum 
                extent practicable; and
                    ``(B) against which indicators can be measured; and
            ``(8) a plan for measuring and reporting progress towards 
        achieving program objectives, outcomes, and other indicators.
    ``(f) Food Aid Consultative Group.--
            ``(1) Establishment.--There is established the Food Aid 
        Consultative Group (referred to in this section as the 
        `Group'), which--
                    ``(A) shall meet regularly; and
                    ``(B) may organize into subcommittees, as 
                appropriate, to review and address issues concerning--
                            ``(i) the effectiveness of the regulations 
                        and procedures that govern food assistance 
                        programs established and implemented under this 
                        section; and
                            ``(ii) the implementation of other 
                        provisions of this section that may involve 
                        eligible organizations described in subsection 
                        (c).
            ``(2) Membership.--The Group shall be composed of--
                    ``(A) the Administrator;
                    ``(B) the Under Secretary of Agriculture for Farm 
                and Foreign Agricultural Services;
                    ``(C) the Inspector General of the Agency;
                    ``(D) a representative of each private voluntary 
                organization and cooperative participating in a program 
                under this section, or receiving planning assistance 
                funds from the Agency to establish programs under this 
                section;
                    ``(E) representatives from African, Asian, and 
                Latin American indigenous nongovernmental organizations 
                determined appropriate by the Administrator;
                    ``(F) representatives from agricultural producer 
                groups in the United States;
                    ``(G) representatives from the United States 
                agricultural processing sector involved in providing 
                agricultural commodities for programs under this 
                section;
                    ``(H) representatives from the maritime 
                transportation sector involved in transporting 
                agricultural commodities overseas for programs under 
                this section; and
                    ``(I) nutrition science experts from academia and 
                nongovernmental organizations.
            ``(3) Chairperson.--The Administrator shall be the 
        chairperson of the Group.
            ``(4) Consultations.--Not later than 45 days before a 
        proposed regulation, handbook, or guideline implementing this 
        section, or a proposed significant revision to a regulation, 
        handbook, or guideline implementing this section, becomes 
        final, the Administrator shall provide the proposal to the 
        Group for review and comment.
            ``(5) Coordination and oversight.--
                    ``(A) In general.--The Administrator shall work 
                within the Group to take the actions described in 
                subsection (B) to increase coordination and oversight 
                of food assistance programs established and implemented 
                under this Act, with a primary focus on improving 
                quality control and cost effectiveness.
                    ``(B) Actions described.--The actions referred to 
                in subparagraph (A) are the following:
                            ``(i) Explore and test options for improved 
                        packaging and storage of products to improve 
                        shelf life, promote recommended usage by 
                        intended beneficiaries, and oversee field-
                        testing of products.
                            ``(ii) Work closely with the Department of 
                        Agriculture, to undertake reforms in commodity 
                        acquisition and supply chain management, 
                        drawing on best commercial practices for vendor 
                        selection, quality assurance standards, overall 
                        management of the supply chain, and auditing of 
                        food aid commodity suppliers.
                            ``(iii) Develop mechanisms and partnerships 
                        to facilitate more private sector development 
                        and innovation in food aid products, packaging, 
                        and delivery in order to improve the cost-
                        effectiveness, nutritional quality, and overall 
                        acceptability of the product.
                            ``(iv) Provide guidance to implementing 
                        partners on whether and how best to use food 
                        aid commodities, such as new specialized food 
                        products, including guidance on targeting 
                        strategies to ensure that the products reach 
                        their intended recipients.
                            ``(v) Work to strengthen the monitoring of 
                        commodity quality, as appropriate, by 
                        identifying and tracking key quality indicators 
                        to determine the full extent of quality 
                        problems, including emerging concerns.
                            ``(vi) Establish processes and system-wide 
                        protocols for effective monitoring and 
                        evaluation of impact, to inform improved 
                        program design, and to address improvements in 
                        cost-effectiveness.
            ``(6) Advisory committee act.--The Federal Advisory 
        Committee Act (5 U.S.C. App.) shall not apply to the Group.
    ``(g) Administrative Provisions.--
            ``(1) Food aid quality.--
                    ``(A) In general.--The Administrator shall use 
                funds made available to carry out the Food for Peace 
                Program authorized under this section--
                            ``(i) to assess the types and quality of 
                        agricultural commodities and products donated 
                        for food aid;
                            ``(ii) to adjust products and formulations 
                        (including the potential introduction of new 
                        fortificants and products) as necessary to 
                        cost-effectively meet nutrient needs of target 
                        populations;
                            ``(iii) to test prototypes;
                            ``(iv) to adopt new specifications, or to 
                        improve existing specifications, for 
                        micronutrient fortified food aid products, 
                        based on the latest developments in food and 
                        nutrition science, and in coordination with 
                        other international partners;
                            ``(v) to develop new program guidance to 
                        facilitate improved matching of products to 
                        purposes having nutritional intent, in 
                        coordination with other international partners;
                            ``(vi) to develop improved guidance for 
                        implementing partners on how to address 
                        nutritional deficiencies that emerge among 
                        recipients for whom food assistance is the sole 
                        source of diet in emergency programs that 
                        extend beyond 1 year, in coordination with 
                        other international partners; and
                            ``(vii) to evaluate, in appropriate 
                        settings and as necessary, the performance and 
                        cost-effectiveness of new or modified 
                        specialized food products and program 
                        approaches designed to meet the nutritional 
                        needs of the most vulnerable groups, such as 
                        pregnant and lactating mothers, and children 
                        younger than 5 years of age.
                    ``(B) Administration.--In carrying out subparagraph 
                (A), the Administrator--
                            ``(i) shall consult with independent 
                        entities with proven expertise in food aid 
                        commodity quality enhancements;
                            ``(ii) may enter into contracts to obtain 
                        the services of the entities described in 
                        clause (i); and
                            ``(iii) shall consult with the Food Aid 
                        Consultative Group established under subsection 
                        (f).
            ``(2) Freight procurement.--Notwithstanding division C of 
        subtitle I of title 41, United States Code, or other similar 
        provisions of law relating to the making or performance of 
        Federal Government contracts, ocean transportation authorized 
        under this section may be procured on the basis of full and 
        open competitive procedures. Resulting contracts may contain 
        such terms and conditions as the Administrator determines to be 
        necessary and appropriate.
            ``(3) Limitation.--No assistance shall be made available 
        through the Food for Peace Program under this section unless 
        the Administrator determines that the provision of the 
        agricultural commodity in the recipient country would not--
                    ``(A) result in a substantial disincentive to, or 
                interference with, the domestic production or marketing 
                of agricultural commodities in the recipient country; 
                or
                    ``(B) have a disruptive impact on the agricultural 
                producers or the local economy of the recipient 
                country.
            ``(4) Effect on sales of united states agricultural 
        commodities.--In carrying out the Food for Peace Program under 
        this section, the Administrator shall take reasonable 
        precautions to avoid displacing any sales of United States 
        agricultural commodities that the Administrator determines 
        would otherwise occur.
    ``(h) Authorization of Appropriations.--There is authorized to be 
appropriated, for fiscal year 2015 and each fiscal year thereafter, 
$2,400,000,000, which shall be used to carry out the Food for Peace 
Program established under this section.''.
    (b) Repeal of Title II of Food for Peace Act.--Title II of the Food 
for Peace Act (7 U.S.C. 1721 et seq.) is repealed.

SEC. 3. SENSE OF CONGRESS.

    It is the sense of the Congress that the United States Merchant 
Marine--
            (1) is a critical component of our Nation's military and 
        economic security;
            (2) consists of a fleet of private, merchant ships that are 
        registered in the United States and provide domestic and 
        international transportation for passengers and cargo; and
            (3) with the dedicated crews of mariners that operate the 
        fleet, is an essential part of defense capacity in times of 
        peace and in times of war.
Example Output:
Food for Peace Reform Act of 2015  Establishes the Food for Peace program in the U.S. Agency for International Development (USAID) under the Foreign Assistance Act of 1961. (Repeals authority for the current program under title II of the Food for Peace Act, including certain U.S. commodity purchase, U.S. cargo, and monetization requirements.) Authorizes USAID to provide emergency and nonemergency foreign assistance, including through the provision of U.S. commodities or local or regional procurement. Authorizes nonemergency assistance to combat malnutrition and hunger, mitigate food crises, and promote resilient food security. Sets forth minimum funding levels for nonemergency assistance. Establishes the Food Aid Consultative Group, which shall:   test options for improved product packaging and storage;   reform commodity acquisition and supply chain management;  increase private sector development in food aid products, packaging, and delivery;  provide guidance on how best to use food aid commodities, including guidance on ensuring that the products reach their intended recipients; and   strengthen commodity quality monitoring.  Requires USAID to:   assess the types and quality of agricultural commodities and products donated for food aid;  adjust products to cost-effectively meet nutrient needs of target populations;   test prototypes;   adopt new, or improve existing, specifications for micronutrient fortified food aid products;  develop program guidance for matching products to nutrient purposes; and   evaluate performance and cost-effectiveness of food products and programs for vulnerable groups, such as pregnant mothers and young children.   Authorizes ocean transportation of agricultural commodities to be procured through full and open competitive procedures. Requires USAID to avoid displacing sales of U.S. agricultural commodities.  Prohibits Program assistance from being made available unless USAID determines that the provision of the agricultural commodity in the recipient country would not: (1) result in substantial interference with the domestic production or marketing of agricultural commodities in the country, or (2) have a disruptive impact on the agricultural producers or the local economy of the country.  Expresses the sense of Congress that the U.S. Merchant Marine: (1) is a critical component of the nation's military and economic security; (2) consists of a fleet of private, U.S.-registered merchant ships that provides domestic and international transportation for passengers and cargo; and (3) is an essential part of defense capacity in times of peace and in times of war.