TASK DEFINITION: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
PROBLEM: 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).''.

SOLUTION: 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 "illiquid" 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.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Community Building Code
Administration Grant Act of 2007''.

SEC. 2. GRANT PROGRAM AUTHORIZED.

(a) Grant Authorization.--The Secretary of Housing and Urban
Development shall provide grants to local building code enforcement
departments.
(b) Competitive Awards.--The Secretary shall award grants under
subsection (a) on a competitive basis pursuant to the criteria set
forth in section 6, but also taking into consideration the following:
(1) The financial need of each building code enforcement
department.
(2) The benefit to the local jurisdiction of having an
adequately funded building code enforcement department.
(3) The demonstrated ability of each building code
enforcement department to work cooperatively with other local
code enforcement offices, health departments, and local
prosecutorial agencies.
(c) Maximum Amount.--The maximum amount of any grant awarded under
this section shall not exceed $1,000,000.

SEC. 3. REQUIRED ELEMENTS IN GRANT PROPOSALS.

In order to be eligible for a grant under section 2, a local
building code enforcement department shall submit to the Secretary the
following:
(1) A demonstration of the jurisdiction's needs in
executing building code enforcement administration.
(2) A plan for the use of any funds received under this Act
that addresses the needs discussed in paragraph (1) and that is
consistent with the authorized uses established in section 4.
(3) A plan for local governmental actions to be taken to
establish and sustain local building code enforcement
administration functions, without continuing Federal support,
at a level at least equivalent to that proposed in the grant
application.
(4) A plan to create and maintain a program of public
outreach that includes a regularly updated and readily
accessible means of public communication, interaction, and
reporting regarding the services and work of the local building
code enforcement department to be supported by the grant.
(5) A plan for ensuring the timely and effective
administrative enforcement of building safety and fire
prevention violations.

SEC. 4. USE OF FUNDS; MATCHING FUNDS.

(a) Authorized Uses.--Grants awarded under section 2 may be used by
the grant recipient to supplement existing State or local funding for
building code enforcement administration. Such funds may be used to
increase staffing, provide staff training, increase staff competence
and professional qualifications, support individual certification or
departmental accreditation, or for capital expenditures specifically
dedicated to the administration of the local building code enforcement
department.
(b) Matching Funds Required.--
(1) In general.--To be eligible to receive a grant under
this Act, a local building code enforcement department
serving--
(A) a community that is very economically
disadvantaged, shall provide matching, non-Federal
funds in an amount equal to not less than 5 percent of
the total amount of any grant to be awarded under this
Act;
(B) a community that is moderately economically
disadvantaged, shall provide matching, non-Federal
funds in an amount equal to not less than 10 percent of
the total amount of any grant to be awarded under this
Act; or
(C) any other community, shall provide matching,
non-Federal funds in an amount equal to not less than
20 percent of the total amount of any grant to be
awarded under this Act.
(2) Economic distress.--
(A) In general.--The Secretary may waive the
matching fund requirements under paragraph (1), and
institute, by regulation, new matching fund
requirements based upon the level of economic distress
of the local jurisdiction in which the local building
code enforcement department seeking such grant is
located.
(B) Content of regulations.--Any regulations
instituted under subparagraph (A) shall include--
(i) a method that allows for a comparison
of the degree of economic distress among the
local jurisdictions of grant applicants, as
measured by the differences in the extent of
growth lag, the extent of poverty, and the
adjusted age of housing in such jurisdiction;
and
(ii) any other factor determined to be
relevant by the Secretary in assessing the
comparative degree of economic distress among
such local jurisdictions.
(c) In-Kind Contributions.--In determining the non-Federal share
required to be provided under subsection (b), the Secretary shall
consider in-kind contributions, not to exceed 50 percent of the amount
that the department contributes in non-Federal funds.
(d) Waiver of Matching Requirement.--The Secretary shall waive the
matching fund requirements under subsection (b) for any recipient
jurisdiction that has legislatively dedicated all building code
permitting fees to the conduct of local building code enforcement.

SEC. 5. RATING AND RANKING OF APPLICATIONS.

Eligible applications shall be rated and ranked according to the
criteria described in section 6. All complete applications will be
compared to one another and points assigned on a continuum within each
criterion, with the maximum points awarded to the application that best
meets the criterion.

SEC. 6. CRITERIA.

(a) Need and Community Benefit From Code Enforcement Grant Funds.--
Applications shall be rated and ranked on the degree to which the
application demonstrates the intent and means to ensure cooperative and
effective working relationships between local building code enforcement
officials and other local agencies, as well as a community-oriented
approach to building code enforcement, with the award of points as
follows:

----------------------------------------------------------------------------------------------------------------
Description Maximum Points
----------------------------------------------------------------------------------------------------------------
A detailed description of the capital expenditures to be acquired with 0-10
grant funds and a demonstration that the items' costs are reasonable.
The jurisdiction's need for the capital expenditure and how the grant 0-10
funds will fulfill this need.
The joint benefits provided by the proposed expenditure for the 0-5
following groups or activities: Provide a brief explanation of the
benefit. (1 point will be awarded for each response, 5 points maximum).
1. Code enforcement program.
2. Community or jurisdiction.
3. Interdisciplinary code enforcement team.
4. Housing preservation, rehabilitation programs, or neighborhood
improvement programs.
5. Special needs groups (disabled, elderly or low or very-low income,
etc.).
Does the proposed capital expenditure provide a cost savings benefit to 0-5
the jurisdiction? Provide a brief explanation of the cost savings.
----------------------------------------------------------------------------------------------------------------

(b) Current Code Enforcement and Housing Conservation Plan.--Each
application shall be rated and ranked on the degree to which the local
legislative body in which the applicant resides adopted a ''plan''
which addresses residential structure conservation and building code
enforcement, with the award of points as follows:

----------------------------------------------------------------------------------------------------------------
Description Maximum Points
----------------------------------------------------------------------------------------------------------------
The plan provides for proactive code enforcement (not just responding to 10
complaints), an interdisciplinary approach, and includes funding
options for repairs and rehabilitation.
The plan only provides for proactive code enforcement (not just 8
responding to complaints) and calls for an interdisciplinary approach
and does not address funding options for repairs and rehabilitation.
The plan provides for some type of proactive code enforcement (other 6
than just responding to complaints) but doesn't address coordinated
interdisciplinary activities with other local public agencies or
funding options.
The plan provides for only reactive code enforcement. 4
The plan only refers to a need to preserve and/or improve existing 2
housing stock, without any code enforcement program.
No existing plan. 0
----------------------------------------------------------------------------------------------------------------

(c) Community-Oriented or Interdisciplinary Code Enforcement.--Each
application shall be rated and ranked on the degree to which the
application demonstrates the intent and means to ensure cooperative and
effective working relationships between building code enforcement
officials and other local agencies, as well as a community-oriented
approach to code enforcement, with the award of points as follows:

----------------------------------------------------------------------------------------------------------------
Description Maximum Points
----------------------------------------------------------------------------------------------------------------
Identify current or proposed interdisciplinary code enforcement programs 0-10
or activities and the team members (example: code enforcement, police,
local prosecutors, health department, building and planning, fire,
etc.). Provide a description of the team's code enforcement and
coordination procedures, activities and services provided. If the
current programs or resources are limited in scope, explain how receipt
of the grant will be used to improve the program.
Identify current or proposed community-oriented code enforcement 0-10
programs, activities or services. (Examples: community clean-ups,
Neighborhood Watch programs, community meetings, door-to-door code
enforcement knock and talks, etc.). If the current programs or
resources are limited in scope, explain how receipt of the grant will
be used to improve the program.
----------------------------------------------------------------------------------------------------------------

(d) Proactive Code Enforcement Activities.--Each application shall
be rated and ranked on the effectiveness of the proposed or existing
proactive activities and programs operated by any existing building
code enforcement program, with the award of points as follows:

----------------------------------------------------------------------------------------------------------------
Description Maximum Points
----------------------------------------------------------------------------------------------------------------
Encourages repairs and preservation, rather than demolition or 0-5
abandonment, of substandard residences.
Abatement of (a) lead hazards and lead-based paints, (b) toxic molds and 0-5
dampness, and (c) displacement or relocation of residents.
Community clean-up campaigns, which may include recycling dates, free or 0-5
reduced disposal rates at dumpsite, public clean-up days that encourage
removal of unwanted or excess debris by making available extra trash
pick-ups, dumpsites or trash or recycling containers on specific dates
to dispose of household debris, inoperable vehicles, tires, toxic
materials, etc.
Resource or referral programs for Federal, State, local, and private 0-5
funds and other resources available in your jurisdiction that can
assist with housing rehabilitation and repairs to rectify code
violations.
Public education programs on housing issues. These could include 0-5
community housing meetings dealing with homeownership, tenant/landlord
issues, housing code enforcement, school age children's programs with
coloring books or handouts, housing safety pamphlets, etc.
Programs that encourage community involvement with groups; such as 0-5
schools, church non-profits, community service groups, utility
companies, local stores, housing agency banks, etc.
----------------------------------------------------------------------------------------------------------------

(e) Capacity To Financially and Technically Support Proposed
Capital Expenditures.--Each application shall be rated and ranked on
the degree to which the application demonstrates the jurisdiction's
financial and technical capacity to properly use and successfully
support the proposed capital expenditure during the term of the grant,
with the award of points as follows:

----------------------------------------------------------------------------------------------------------------
Description Maximum Points
----------------------------------------------------------------------------------------------------------------
The anticipated ongoing program funding for the duration of the grant 0-5
program is adequate to financially support the use of the grant-
financed equipment. Include details of funding and technical support
sources for the capital expenditure (examples: insurance, paper,
maintenance, training, supplies, personnel, monthly billing costs,
etc.).
The jurisdiction has the technical capabilities to use and support 0-5
equipment (examples: adequately trained staff or resources to provide
training to operate technical equipment, local service provider for
cell phones or 2-way radios, trained personnel to operate equipment,
etc.).
----------------------------------------------------------------------------------------------------------------

SEC. 7. EVALUATION AND REPORT.

(a) In General.--Grant recipients shall--
(1) be obligated to fully account and report for the use of
all grants funds; and
(2) provide a report to the Secretary on the effectiveness
of the program undertaken by the grantee and any other criteria
requested by the Secretary for the purpose of indicating the
effectiveness of, and ideas for, refinement of the grant
program.
(b) Report.--The report required under subsection (a)(2) shall
include a discussion of--
(1) the specific capabilities and functions in local
building code enforcement administration that were addressed
using funds received under this Act;
(2) the lessons learned in carrying out the plans supported
by the grant; and
(3) the manner in which the programs supported by the grant
are to be maintained by the grantee.
(c) Content of Reports.--The Secretary shall--
(1) require each recipient of a grant under ths Act to file
interim and final reports under subsection (b) to ensure that
grant funds are being used as intended and to measure the
effectiveness and benefits of the grant program; and
(2) develop and maintain a means whereby the public can
access such reports, at no cost, via the Internet.

SEC. 8. DEFINITIONS.

For purposes of this Act, the following definitions shall apply:
(1) Building code enforcement department.--The term
''building code enforcement department'' means the building
code inspection or enforcement agency of a local jurisdiction.
(2) Jurisdiction.--The term ''jurisdiction'' means a city,
county, parish, city and county authority, or city and parish
authority having local authority to enforce building codes and
regulations and collect fees for building permits.
(3) Secretary.--The term ''Secretary'' means the Secretary
of Housing and Urban Development.

SEC. 9. AUTHORIZATION OF APPROPRIATIONS.

(a) In General.--There are authorized to be appropriated
$100,000,000 for each of fiscal years 2008 through 2013 to the
Secretary of Housing and Urban Development to carry out the provisions
of this Act.
(b) Reservation.--From the amount made available under subsection
(a), the Secretary may reserve not more than 5 percent for
administrative costs.
(c) Availability.--Any funds appropriated pursuant to subsection
(a) shall remain available until expended.

SOLUTION: Community Building Code Administration Grant Act of 2007 - Requires the Secretary of Housing and Urban Development to award grants, on a competitive basis and with federal matching funds, to qualified local building code enforcement departments to increase staffing, provide staff training, increase staff competence and professional qualifications, support individual certification or departmental accreditation, or for capital expenditures specifically dedicated to department administration.

Sets forth criteria for rating and ranking of grant proposals.

PROBLEM: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Review Every Dollar Act of 2013''.

TITLE I--FEDERAL PROGRAM SUNSET

SEC. 101. LIMITATION ON REAUTHORIZATION OF FEDERAL PROGRAMS.

(a) Enforcement.--(1) It shall not be in order in the House of
Representatives or the Senate to consider any bill or joint resolution,
or amendment thereto or conference report thereon, that reauthorizes
any Federal program for a period of more than seven fiscal years.
(2) It shall not be in order in the House of Representatives or the
Senate to consider any bill or joint resolution, or any amendment
thereto or conference report thereon, that establishes any new Federal
program with an authorization of appropriations for a period of more
than seven fiscal years.
(b) Committee Review of Direct Spending Programs.--Not later than
July 31 during the second session of each Congress, each standing
committee of the House of Representatives and the Senate with
legislative jurisdiction over any direct spending program shall apply
the criteria set forth in section 102 to determine whether any such
program should be modified, terminated, or reauthorized.

SEC. 102. CRITERIA FOR REVIEW.

Any committee of the House of Representatives or the Senate with
jurisdiction over any program being reauthorized shall consider the
following criteria in determining whether such program should be
modified, terminated, or reauthorized:
(1) The effectiveness and efficiency of the operation of
the program.
(2) Whether the program is cost effective.
(3) Whether the original objectives of the program have
been achieved.
(4) Whether alternative methods exist to carry out the
objectives of the program in a more cost effective manner.
(5) The extent to which the program is duplicative or
conflicts with other programs.
(6) The potential benefits of consolidating this program
with similar or duplicative programs.
(7) The growth in cost per beneficiary or persons served by
the program.
(8) The extent to which any trends, developments, and
emerging conditions may affect the problems or needs that the
program is intended to address.
(9) The extent it imposes mandates on State and local
governments.
(10) The extent it impedes sustainable economic growth.
(11) The extent to which the program is a constitutionally
authorized activity of the Government.

TITLE II--DEFICIT REDUCTION ACCOUNTS

SEC. 201. ESTABLISHMENT OF DISCRETIONARY DEFICIT REDUCTION ACCOUNT.

(a) Discretionary Deficit Reduction Account.--Title III of the
Congressional Budget Act of 1974 is amended by adding at the end the
following new section:

''discretionary deficit reduction account

''Sec. 316. (a) Establishment of Account.--The chairman of the
Committee on the Budget of the House of Representatives and the
chairman of the Committee on the Budget of the Senate shall each
maintain an account to be known as the 'deficit reduction discretionary
account'. The Account shall be divided into entries corresponding to
the subcommittees of the Committee on Appropriations of that House and
each entry shall consist of the 'deficit reduction balance'.
''(b) Components.--Each entry shall consist only of amounts
credited to it under subsection (c).
''(c) Crediting of Amounts to Account.--
''(1) Whenever a Member of Congress offers an amendment to
an appropriation bill to reduce new budget authority in any
account or has the effect of reducing direct spending, that
Member may state the portion of such reduction that shall be
credited to--
''(A) the deficit reduction balance;
''(B) used to offset an increase in new budget
authority in any other account; or
''(C) allowed to remain within the applicable
section 302(b) suballocation.
''(2) If no such statement is made, the amount of reduction
in new budget authority resulting from the amendment shall be
credited to the deficit reduction balance, as applicable, if
the amendment is agreed to.
''(3) Except as provided by paragraph (4), the chairman of
the Committee on the Budget of the House of Representatives or
Senate, as applicable, shall, upon the engrossment of any
appropriation bill by the House of Representatives or Senate,
as applicable, credit to the applicable entry balances amounts
of new budget authority and outlays equal to the net amounts of
reductions in budget authority and in outlays resulting from
amendments agreed to by that House to that bill.
''(4) When indicating the net amounts of reductions in new
budget authority and outlays resulting from amendments agreed
to by the House of Representatives or Senate, as applicable, to
an appropriation bill, the chairman of the Committee on the
Budget of that House shall only count those portions of such
amendments agreed to that were so designated by the Members
offering such amendments as amounts to be credited to the
deficit reduction balance.
''(5) The chairman of the Committee on the Budget of the
House of Representatives and the chairman of the Committee on
the Budget of the Senate shall each maintain a running tally of
the amendments adopted reflecting increases and decreases of
budget authority in the bill as reported to its House. This
tally shall be available to Members or Senators during
consideration of any bill by that House.
''(d) Calculation of Savings in Deficit Reduction Accounts in the
House of Representatives and Senate.--
''(1) For the purposes of enforcing section 302(a), upon the
engrossment of any appropriation bill by the House of Representatives
or Senate, as applicable, the amount of budget authority and outlays
calculated pursuant to subsection (c)(3) shall be counted against the
302(a) allocation provided to the Committee on Appropriations as if the
amount calculated pursuant to subsection (c)(3) was included in the
bill just engrossed.
''(2) For purposes of enforcing section 302(b), upon the
engrossment of any appropriation bill by the House of Representatives
or Senate, as applicable, the 302(b) allocation provided to the
subcommittee for the bill just engrossed shall be deemed to have been
reduced by the amount of budget authority and outlays calculated,
pursuant to subsection (c)(3).
''(e) Definition.--As used in this section, the term 'appropriation
bill' means any general or special appropriation bill, and any bill or
joint resolution making supplemental, deficiency, or continuing
appropriations.''.

SEC. 202. ESTABLISHMENT OF DIRECT SPENDING REDUCTION ACCOUNT.

Title III of the Congressional Budget Act of 1974 (as amended by
section 201) is further amended by adding at the end the following new
section:

''direct spending deficit reduction account

''Sec. 317. (a) Establishment of Account.--The chairman of the
Committee on the Budget of the House of Representatives and of the
Senate shall each maintain an account to be known as the 'deficit
reduction direct spending account'. The account shall be divided into
entries corresponding to the House of Representatives or Senate
committees, as applicable, that received allocations under section
302(a) in the most recently adopted concurrent resolution on the
budget, except that it shall not include the Committee on
Appropriations of that House and each entry shall consist of the
'first-year deficit reduction account' and the 'five-year deficit
reduction account' or the period covered by the resolution on the
budget for that fiscal year, as applicable.
''(b) Components.--Each entry shall consist only of amounts
credited to it under subsection (c). No entry of a negative amount
shall be made.
''(c) Calculation of Account Savings in House and Senate.--For the
purposes of enforcing section 302(a), upon the engrossment of any bill,
other than an appropriation bill, by the House of Representatives or
Senate, as applicable, the amount of budget authority and outlays
calculated pursuant to subsection (d)(3) shall be counted against the
302(a) allocation provided to the applicable committee or committees of
that House which reported the bill as if the amount calculated pursuant
to subsection (d)(3) was included in the bill just engrossed.
''(d) Crediting of Amounts to Account.--(1) Whenever a Member or
Senator, as the case may be, offers an amendment to a bill that reduces
the amount of budget authority for direct spending provided either
under current law or proposed to be provided by the bill under
consideration, that Member or Senator may state the portion of such
reduction achieved in the first year covered by the most recently
adopted concurrent resolution on the budget and in addition the portion
of such reduction achieved in the first ten years covered by the most
recently adopted concurrent resolution on the budget that shall be
credited to the first-year deficit reduction balance and the five-year
deficit reduction balance, as applicable, if the amendment is agreed
to.
''(2) Except as provided by paragraph (3), the chairman of the
Committee on the Budget of the House of Representatives or Senate, as
applicable, shall, upon the engrossment of any bill, other than an
appropriation bill, by the House of Representatives or Senate, as
applicable, credit to the applicable entry balances amounts of new
budget authority and outlays equal to the net amounts of reductions in
budget authority and in outlays resulting from amendments agreed to by
that House to that bill.
''(3) When computing the net amounts of reductions in budget
authority and in outlays resulting from amendments agreed to by the
House of Representatives or Senate, as applicable, to a bill, the
chairman of the Committee on the Budget of that House shall only count
those portions of such amendments agreed to that were so designated by
the Members or Senators offering such amendments as amounts to be
credited to the first year deficit reduction balance and the five-year
deficit reduction balance.
''(4) The chairman of the Committee on the Budget of the House of
Representatives and of the Senate shall each maintain a running tally
of the amendments adopted reflecting increases and decreases of budget
authority in the bill as reported to its House. This tally shall be
available to Members or Senators during consideration of any bill by
that House.
''(e) Definition.--As used in this section, the term 'appropriation
bill' means any general or special appropriation bill, and any bill or
joint resolution making supplemental, deficiency, or continuing
appropriations.''.

SEC. 203. CONFORMING AMENDMENT.

The table of contents set forth in section 1(b) of the
Congressional Budget and Impoundment Control Act of 1974 is amended by
inserting after the item relating to section 321 the following new
items:

''Sec. 316. Discretionary deficit reduction account.
''Sec. 317. Direct spending deficit reduction account.''.

TITLE III--GENERAL FUND TRANSFERS

SEC. 301. BUDGET RULE RELATING TO TRANSFERS FROM THE GENERAL FUND OF
THE TREASURY TO THE HIGHWAY TRUST FUND THAT INCREASE
PUBLIC INDEBTEDNESS.

For purposes of the Congressional Budget Act of 1974, the Balanced
Budget and Emergency Deficit Control Act of 1985, the Rules of the
House of Representatives, or the Standing Rules of the Senate, a bill
or joint resolution, or an amendment thereto or conference report
thereon, or any Act that transfers funds from the general fund of the
Treasury to the Highway Trust Fund shall be counted as new budget
authority and outlays equal to the amount of the transfer in the fiscal
year the transfer occurs.

TITLE IV--BUDGETING FOR ADMINISTRATIVE ACTIONS

SEC. 501. REVIEW OF RULES REQUIRING NEW BUDGET AUTHORITY.

(a) In General.--Chapter 5 of title 5, United States Code, is
amended by inserting after section 559 the following:
''Sec. 559a. Review of rules requiring new budget authority
''(a) In General.--A rule made to carry out a direct spending
program that would require new budget authority of not less than
$100,000,000 for the fiscal year the rule takes effect or for any of
the 9 fiscal years immediately succeeding that fiscal year may not take
effect, except as provided in subsection (d).
''(b) Review by Office of Management and Budget of Proposed
Rules.--Before the effective date of any rule, the Director of the
Office of Management and Budget shall review the rule to determine if
the rule is a rule described in subsection (a). If the Director
determines that the rule is such a rule--
''(1) the Director shall notify the agency making the
rule--
''(A) of that determination; and
''(B) the amount of the estimated new budget
authority that the rule would require for the fiscal
year in which the rule would take effect and the 9
fiscal years immediately succeeding that fiscal year;
and
''(2) the agency may not undertake any further action
pertaining to such rulemaking.
''(c) Periodic Review of Rules.--Beginning on the date that is one
year after the date on which any rule takes effect, and annually
thereafter, the Director of the Office of Management and Budget may
make a determination as to whether the rule is a rule described in
subsection (a). For purposes of this determination, the fiscal year the
rule takes effect shall be deemed to be the fiscal year in which the
Director makes the determination. If the Director determines that the
rule is such a rule, the agency that issued the rule shall provide for
a transition period of such length as the Director, in consultation
with the agency, determines appropriate. At the end of that transition
period, the rule shall cease to have effect.
''(d) Exceptions.--Notwithstanding any other provision of this
section, a rule described in subsection (a) shall take effect or
continue in effect--
''(1) if the President submits written notice to the
Congress that the President has determined that the rule should
take effect or continue in effect because such rule is--
''(A) necessary because of an imminent threat to
health or safety or other emergency;
''(B) necessary for the enforcement of criminal
laws;
''(C) necessary for national security; or
''(D) issued pursuant to any statute implementing
an international trade agreement; or
''(2) when the new budget authority to carry out the rule
is provided by law.
''(e) Treatment of Substantially Similar Rules.--A rule that does
not take effect (or does not continue in effect) under this section may
not be reissued in substantially the same form, and a new rule that is
substantially the same as such a rule may not be issued, unless the
reissued or new rule is specifically authorized by a law enacted after
the date that the rule fails to take effect or fails to continue in
effect.
''(f) Judicial Review.--Any determination under this section shall
be subject to review under chapter 7 of this title.
''(g) Definitions.--The terms 'new budget authority' and 'direct
spending' have the meanings given such terms under section 250 of the
Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
900).
''(h) Applicability.--This section shall apply only to rules for
which the rulemakings are commenced after the date of enactment of the
Review Every Dollar Act of 2013.''.
(b) Cost of Projected Administrative Regulations.--Section 1105(a)
of title 31, United States Code, is amended--
(1) by redesignating the second paragraph (37) as paragraph
(39); and
(2) by adding at the end the following new paragraph:
''(40) a separate statement of the cost of administrative
rules that are projected to take effect during the fiscal year
for which the budget is submitted.''.
(c) Clerical Amendment.--The table of sections for chapter 5 of
title 5, United States Code is amended by inserting after the item
relating to section 559 the following new item:

''559a. Review of rules requiring new budget authority.''.

SOLUTION:
Review Every Dollar Act of 2013 - Makes it out of order in both chambers to consider any bill, joint resolution, or other measure that: (1) reauthorizes any federal program for more than seven fiscal years, or (2) establishes a new federal program that exceeds such period. Requires each standing congressional committee with legislative jurisdiction over any direct spending program by July 31 during the second session of each Congress to apply specified criteria to determine whether any such program should be modified, terminated, or reauthorized. Amends the Congressional Budget Act of 1974 to require each of the chairs of the congressional budget committees to maintain a deficit reduction discretionary account and a deficit reduction direct spending account. Prescribes procedures for the crediting to such accounts of the amounts of either discretionary or direct spending deficit reduction in any amendment to a bill that reduces the appropriate budget authority. Requires any measure or Act that transfers funds from the general fund of the Treasury to the Highway Trust Fund to be counted as new budget authority and outlays equal to the amount of the transfer in the fiscal year in which it occurs. Prohibits from taking effect, except according to a specified procedure, any rule made to carry out a direct spending program that would require new budget authority of at least $100 million for the fiscal year it takes effect or for any of the nine ensuing fiscal years. Limits exceptions to this prohibition to rules necessary: (1) because of an imminent threat to health or safety or other emergency, for the enforcement of criminal laws, or for national security; or (2) to implement an international trade agreement. Requires also for such an exception that the new budget authority to carry it out is provided by law. Requires the Director of the Office of Management and Budget (OMB) to: (1) review proposed rules requiring new budget authority before their effective dates, and (2) take specified administrative steps to prevent further agency action pertaining to such rulemaking.