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Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Oceans Act of 1998''.

SEC. 2. DEFINITIONS.

As used in this Act:
(1) Commission.--The term ''Commission'' means the
Commission on Ocean Policy established under section 4.
(2) Coastal state.--The term ''coastal State'' means a
State in, or bordering on, the Atlantic, Pacific, or Arctic
Ocean, the Gulf of Mexico, Long Island Sound, or one or more of
the Great Lakes.
(3) Marine environment.--The term ''marine environment''
includes--
(A) the oceans, including coastal and offshore
waters and nearshore saltwater estuaries;
(B) the continental shelf; and
(C) the Great Lakes.
(4) Ocean and coastal activities.--The term ''ocean and
coastal activities'' includes activities consisting of,
affecting, or otherwise related to oceanography, fisheries, or
the management or use of any ocean and coastal resource. The
term does not include military operations and training.
(5) Ocean and coastal resource.--The term ''ocean and
coastal resource'' means any living or nonliving natural,
historic, or cultural resource or mineral found in the marine
environment.
(6) State.--The term ''State'' means any State of the
United States, the District of Columbia, the Commonwealth of
Puerto Rico, the Virgin Islands, Guam, American Samoa, the
Commonwealth of the Northern Mariana Islands, and any other
territory or possession of the United States.

SEC. 3. EXECUTIVE RESPONSIBILITIES.

(a) National Ocean and Coastal Policy.--The Congress and the
President, after receiving and considering the report of the Commission
under section 4, shall develop and propose a coordinated,
comprehensive, and long-range national policy for the responsible use
and stewardship of ocean and coastal resources for the benefit of the
United States, including a plan to meet the resource monitoring and
assessment facilities and equipment requirements of Federal ocean and
coastal programs.
(b) Biennial Report.--Beginning in January 1999, the President
shall transmit to the Congress biennially a report that shall include a
detailed listing of all existing Federal programs relating to ocean and
coastal activities, including a description of each program, the
current funding for the program, and a projection of the funding level
for the program for each of the following 5 fiscal years.
(c) Budget Coordination.--Each agency or department involved in
ocean and coastal activities shall include with its annual request for
appropriations a report that identifies significant elements of the
proposed agency or department budget relating to ocean and coastal
activities.
(d) Cooperation and Consultation.--In carrying out responsibilities
under this Act, the President--
(1) may use such staff, interagency, and advisory
arrangements as the President finds necessary and appropriate;
and
(2) shall consult with State and local governments and non-
Federal organizations and individuals involved in ocean and
coastal activities.

SEC. 4. COMMISSION ON OCEAN POLICY.

(a) Establishment.--
(1) In general.--There is hereby established the Commission
on Ocean Policy.
(2) Membership.--(A) The Commission shall be composed of 16
members appointed by the President from among individuals who
are knowledgeable in ocean and coastal activities, including
individuals representing State and local governments, ocean-
related industries, academic and technical institutions, and
public interest organizations involved with scientific,
regulatory, economic, and environmental ocean and coastal
activities. The membership of the Commission shall be balanced
geographically to the extent consistent with maintaining the
highest level of expertise on the Commission.
(B) Of the members of the Commission appointed under this
paragraph--
(i) 4 shall be appointed from a list of 8
individuals who shall be recommended by the majority
leader of the Senate in consultation with the Chairman
of the Senate Committee on Commerce, Science, and
Transportation;
(ii) 4 shall be appointed from a list of 8
individuals who shall be recommended by the Speaker of
the House of Representatives in consultation with the
Chairmen of the Committee on Resources, Transportation
and Infrastructure, and Science;
(iii) 2 shall be appointed from a list of 4
individuals who shall be recommended by the minority
leader of the Senate in consultation with the ranking
member of the Senate Committee on Commerce, Science,
and Transportation; and
(iv) 2 shall be appointed from a list of 4
individuals who shall be recommended by the by the
minority leader of the House of Representatives in
consultation with the ranking members of the Committees
on Resources, Transportation and Infrastructure, and
Science.
(C) The members of the Commission shall be appointed for
the life of the Commission by not later than 90 days after the
date of the enactment of this Act.
(3) First meeting.--The Commission shall hold its first
meeting within 30 days after it is established.
(4) Chairman.--The Commission shall elect one of its
members as Chair.
(b) Report.--
(1) In general.--The Commission shall submit to the
Congress and the President, by not later than 18 months after
the date of the establishment of the Commission, a final report
of its findings and recommendations regarding United States
ocean policy.
(2) Public and state review.--Before submitting the final
report to the Congress, the Commission shall--
(A) publish in the Federal Register a notice that
the draft report is available for public review; and
(B) provide a copy of the draft report to the
Governor of each coastal State, the Committees on
Resources, Transportation and Infrastructure, and
Science of the House of Representatives, and the
Committee on Commerce, Science, and Transportation of
the Senate.
(3) Final report contents, generally.--Subject to paragraph
(4), the final report of the Commission shall include
recommendations for the responsible use and stewardship of
ocean and coastal resources, including the following:
(A) Recommendations for any modifications to United
States laws and regulations, and the administrative
structure of the Executive agencies, that are necessary
to improve the understanding, management, and
conservation and use of, and access to, ocean and
coastal resources.
(B) An assessment of the condition and adequacy of
existing and planned facilities associated with ocean
and coastal activities, including human resources,
vessels, computers, satellites, and other appropriate
platforms and technologies, and recommendations for
investments and improvements in those facilities.
(C) A review of existing and planned ocean and
coastal activities of Federal entities, and
recommendations for changes in such activities
necessary to reduce duplication of Federal efforts.
(D) A review of the cumulative effect of Federal
laws and regulations on United States ocean policy, an
examination of those laws and regulations for
inconsistencies and contradictions that might adversely
affect the conduct of ocean and coastal activities, and
recommendations for resolving any such inconsistencies.
In particular, this portion of the report shall include
an examination of the relationship between the
fisheries development and fisheries conservation
responsibilities of the National Marine Fisheries
Service.
(E) A review of the known and anticipated supply of
and demand for ocean and coastal resources of the
United States.
(F) A review of the relationship between Federal,
State, and local governments and the private sector in
planning and carrying out ocean and coastal activities,
and recommendations for enhancing the role of State and
local governments.
(G) A review of opportunities for the development
of or investment in new products, technologies, or
markets related to ocean and coastal activities.
(H) A review of previous and ongoing State efforts
and Federal efforts to enhance the effectiveness and
integration of ocean activities, including those
occurring offshore and in nearshore saltwater
estuaries.
(4) State comments.--The Commission shall include in the
final report comments received from the Governor of any coastal
State regarding recommendations in the draft report that apply
to areas within the boundaries of that coastal State.
(5) Consideration of factors.--In making its assessments
and reviews and developing its recommendations, the Commission
shall give full and balanced consideration to environmental,
technical, economic, and other relevant factors, with an equal
opportunity for all parties to present a fair and reasonable
case for unbiased consideration by the Commission. All
recommendations should consider effects on private property. To
the greatest extent possible, no recommendations shall have a
negative impact on local economies that are dependent on ocean
and coastal resources. Any data used by the Commission in
making its recommendations for regulations shall be peer
reviewed.
(6) Limitation on recommendations.--The Commission shall
not make any specific recommendations with respect to lands and
waters within the boundary of any State located north of 51
degrees North latitude, or with respect to lands and waters
within the State of Idaho.
(c) Duties of the Chair.--In carrying out the provisions of this
section, the Chair of the Commission shall be responsible for--
(1) the assignment of duties and responsibilities among
staff personnel and their continuing supervision; and
(2) the use and expenditures of funds available to the
Commission.
(d) Compensation.--Members of the Commission shall, subject to the
availability of appropriations, when engaged in the actual performance
of duties of the Commission, receive reimbursement of travel expenses,
including per diem in lieu of subsistence as authorized for persons
employed intermittently in the Government service under section 3109 of
title 5, United States Code.
(e) Staff.--
(1) Executive director.--The Chair of the Commission may,
with the consent of the Commission and without regard to the
civil service laws and regulations, appoint and terminate an
executive director who is knowledgeable in administrative
management and ocean and coastal policy and such other
additional personnel as may be necessary to enable the
Commission to perform its duties.
(2) Compensation.--The executive director shall, subject to
the availability of appropriations, be compensated at a rate
not to exceed the rate payable for Level V of the Executive
Schedule under section 5316 of title 5, United States Code. The
Chairman may fix the compensation of other personnel without
regard to the provisions of chapter 51 and subchapter III of
chapter 53 of title 5, United States Code, relating to
classification of positions and General Schedule pay rates,
except that the rate of pay for such personnel may not exceed
the rate payable for GS-15, step 7, of the General Schedule
under section 5332 of such title.
(3) Detailees.--Upon a request of the Chair of the
Commission made after consulting with the head of any Federal
agencies responsible for managing ocean and coastal resources,
the head of any such Federal agency may detail appropriate
personnel of the agency to the Commission to assist the
Commission in carrying out its functions under this Act.
Federal Government employees detailed to the Commission shall
serve without reimbursement from the Commission, and shall
retain the rights, status, and privileges of his or her regular
employment without interruption.
(4) Experts and consultants.--To the extent that funds are
available, and subject to such rules as may be prescribed by
the Commission, the executive director of the Commission may
procure the temporary and intermittent services of experts and
consultants in accordance with section 3109 of title 5, United
States Code, but at rates not to exceed the daily rate payable
for GS-15, step 7, of the General Schedule under section 5332
of title 5, United States Code.
(f) Administration.--
(1) Meetings.--All meetings of the Commission shall be open
to the public, except that a meeting or any portion of it may
be closed to the public if it concerns matters or information
described in section 552b(c) of title 5, United States Code.
Interested persons shall be permitted to appear at open
meetings and present written statements or oral statements at
the discretion of the Commission on the subject matter of the
meeting. The Commission may administer oaths or affirmations to
any person appearing before it.
(2) Notice of meetings.--All open meetings of the
Commission shall be preceded by timely public notice, including
notice in the Federal Register, of the time, place, and subject
of the meeting.
(3) Minutes and other records.--(A) Minutes of each meeting
shall be kept and shall contain a record of the people present,
a description of the discussion that occurred, and copies of
all statements filed. Subject to restrictions set forth in
section 552 of title 5, United States Code, the minutes and
records of all meetings and other documents that were made
available to or prepared for the Commission shall be available
for public inspection and copying at a single location in the
offices of the Commission.
(B) The Commission shall have at least one meeting in each
of the following 6 geographic regions of the United States:
(i) The Northeast.
(ii) The Southeast.
(iii) The Southwest.
(iv) The Northwest.
(v) The Great Lakes States.
(vi) The Gulf of Mexico States.
(g) Cooperation With Other Federal Entities.--
(1) Other federal agencies and departments.--The Commission
may secure directly from any Federal agency or department any
information it considers necessary to carry out its functions
under this Act. Each such agency or department may cooperate
with the Commission and, to the extent permitted by law,
furnish such information to the Commission, upon the request of
the Chair of the Commission.
(2) Mails.--The Commission may use the United States mails
in the same manner and under the same conditions as departments
and agencies of the United States.
(3) Acquisitions.--The Commission may enter into contracts
with Federal and State agencies, private firms, institutions,
and individuals to assist the Commission in carrying out its
duties. The Commission may purchase and contract without regard
to section 18 of the Office of Federal Procurement Policy Act
(41 U.S.C. 416) and section 8 of the Small Business Act (15
U.S.C. 637), pertaining to competition and publication
requirements, and may arrange for printing without regard to
the provisions of title 44, United States Code. The contracting
authority of the Commission under this Act is effective only to
the extent that appropriations are available for contracting
purposes.
(h) Termination.--The Commission shall cease to exist 30 days after
the date on which it submits its final report.
(i) Authorization of Appropriations.--There are authorized to be
appropriated to support the activities of the Commission $2,000,000 for
fiscal year 1999 and $1,000,000 for fiscal year 2000. Any sums
appropriated may remain available without fiscal year limitation until
the Commission ceases to exist.

Passed the House of Representatives September 15, 1998.

Attest:

Clerk.

A: Oceans Act of 1998 - Requires that the Congress and the President, after considering the Commission report under this Act, develop a coordinated, comprehensive, and long-range national policy for the use and stewardship of ocean and coastal resources for the benefit of the United States, including a plan to meet the resource monitoring and assessment facilities and equipment requirements of Federal ocean and coastal programs. Mandates a biennial report by the President to the Congress listing all existing Federal programs relating to ocean and coastal activities. Requires each agency or department involved in ocean and coastal activities to include with its annual appropriations request a report identifying elements of its budget relating to ocean and coastal activities.
Establishes the Commission on Ocean Policy and requires it to report to the Congress and the President regarding U.S. ocean policy. Requires opening the draft report for public comment before submitting the final report. Prohibits Commission recommendations regarding lands and waters within: (1) the boundary of any State north of 51 degrees North latitude; or (2) the State of Idaho. Terminates the Commission after submission of its final report. Authorizes appropriations.
****
Q: 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.

A: 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.
****
Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Daniel Webster Congressional
Fellowship Act''.

SEC. 2. DANIEL WEBSTER CONGRESSIONAL FELLOWSHIP PROGRAM.

(a) Establishment.--There is hereby established the Daniel Webster
Congressional Fellowship Program (hereafter referred to as the
''Program''), under which up to 40 eligible law school graduates shall
be selected as Daniel Webster Congressional Fellows (hereafter referred
to as ''Fellows'') for each Congress.
(b) Selection by Joint Congressional Leadership.--The Fellows for a
Congress shall be selected jointly from among eligible individuals by
the Speaker and Minority Leader of the House of Representatives and the
Majority and Minority Leaders of the Senate, or their designees.
(c) Employment With Participating Office.--
(1) In general.--An individual selected as a Fellow shall
be appointed to serve as an employee in a participating office
of the House of Representatives or Senate during the Congress
for which the Fellow is selected.
(2) Compensation.--Notwithstanding any other authority
regarding the salaries of employees of the House of
Representatives or Senate, for each session of a Congress
during which a Fellow is employed in a participating office
under the Program, the individual shall receive compensation at
an annual rate established by the Committee on House
Administration of the House of Representatives and the
Committee on Rules and Administration of the Senate, except
that the rate established by the Committees may not be less
than the average annual rate of compensation for pay periods
during that session for judicial clerks of the United States
District Court for the District of Columbia.

SEC. 3. CRITERIA FOR ELIGIBILITY.

(a) In General.--An individual is eligible to serve as a Fellow
under the Program if the individual--
(1) meets the criteria for eligibility described in
subsection (b); and
(2) submits the application materials described in
subsection (c) at such time and in such form as the Committees
on House Administration of the House of Representatives and
Rules and Administration of the Senate may require.
(b) Criteria Specified.--An individual meets the criteria described
in this subsection if--
(1) the individual received a juris doctor degree from an
accredited law school;
(2) the individual provides evidence of a record of
exceptional academic achievement in law school;
(3) the individual demonstrates a commitment to public
service and a strong interest in public policy;
(4) the individual possesses the professional knowledge and
skills necessary to contribute successfully to the legislative
process; and
(5) the individual meets such other criteria as the
Committees referred to in subsection (a)(2) may establish.
(c) Application Materials.--The application materials described in
this subsection are as follows:
(1) A Program application prepared by the Committees
referred to in subsection (a)(2).
(2) A resume highlighting academic, professional, and
personal achievements.
(3) 2 writing samples.
(4) A brief essay describing why the individual seeks to
become a Fellow.
(5) Such other materials as the Committees may require.

SEC. 4. ASSIGNMENT OF FELLOWS TO PARTICIPATING OFFICES.

(a) Assignment.--
(1) In general.--The Committees on House Administration of
the House of Representatives and Rules and Administration of
the Senate shall assign the individuals selected as Fellows to
be appointed as employees with participating offices of the
House and Senate on the basis of such criteria as the
Committees shall establish, taking into consideration the
background and interest of each Fellow and the needs of the
participating office, except that--
(A) the number of Fellows assigned to offices of
the House of Representatives may not be less than the
number of Fellows assigned to offices of the Senate;
and
(B) the number of Fellows assigned to offices of a
House of Congress which are affiliated with the
majority political party of that House shall be equal
to the number of Fellows assigned to offices of that
House of Congress which are affiliated with the
minority political party of that House.
(2) Treatment of committees.--For purposes of paragraph
(1)--
(A) a Fellow who is assigned to a joint committee
of the Congress shall be considered to be assigned both
to an office of the House and an office of the Senate;
and
(B) a Fellow who is assigned to a committee shall
be considered to be assigned to an office affiliated
with the majority political party, except that if the
assignment specifies that the Fellow is to work under
the direction of the ranking minority member of the
committee, the Fellow shall be considered to be
assigned to an office affiliated with the minority
political party.
(b) Participating Offices.--For purposes of this Act, a
''participating office'' of the House of Representatives or Senate is
any office of the House or Senate, including the office of a Member,
committee, joint committee, or any other entity, which enters into an
agreement with the Committee on House Administration of the House of
Representatives or the Committee on Rules and Administration of the
Senate (as the case may be) to participate in the Program.

SEC. 5. NO EFFECT ON NUMBER OF EMPLOYEES OR ALLOWANCE FOR PARTICIPATING
OFFICES.

The employment of a Fellow by an office of the House of
Representatives or Senate during a year, and the payment of a salary to
such a Fellow by an office during a year, shall be in addition to all
personnel and allowances otherwise made available to the office during
the year under other provisions of law, rule, or other authority.

SEC. 6. ADMINISTRATION; REGULATIONS.

The Program shall be operated and administered jointly by the
Committee on House Administration of the House of Representatives and
the Committee on Rules and Administration of the Senate, and each such
Committee is authorized to promulgate such regulations as may be
necessary to carry out the Program.

SEC. 7. AUTHORIZATION OF APPROPRIATIONS.

(a) Authorization.--There are authorized to be appropriated to
carry out the Program such sums as may be necessary for fiscal year
2007 and each succeeding fiscal year.
(b) Availability of Funds.--Amounts appropriated in any fiscal year
pursuant to the authorization under this section shall remain available
until expended.

A:
Daniel Webster Congressional Fellowship Act - Establishes the Daniel Webster Congressional Fellowship Program, under which up to 40 eligible law school graduates shall be selected by specified congressional leaders as Daniel Webster Congressional Fellows for each Congress.

Requires a Fellow to serve as an employee in a participating office of the House or Senate during the Congress for which the individual is selected.

Specifies eligibility criteria for a Fellow, including a juris doctor degree.
****