Unified Savings and Accountability Act or the USA Act
Requires: (1) the Administrator for Federal Procurement Policy to issue guidance to federal agencies to reinvigorate the role of the competition advocate, (2) the Office of Management and Budget (OMB) to issue government-wide savings goals for the strategic sourcing of goods and services by executive agencies required to designate or appoint a Chief Financial Officer, (3) the Chief Information Officer of each agency to submit to the OMB a report on potentially duplicative information technology investments, and (4) the modification of the Federal Acquisition Regulation to address the use of reverse auctions by federal agencies.
Requires each federal agency to: (1) maintain adequate inventory controls and accountability systems for real property under its control, (2) develop workforce projections to assess the need of the federal workforce regarding the use of real property, (3) continuously survey real property under its control to identify property suitable for colocation or consolidation with other agencies and facilities, (4) establish goals to reduce excess and underutilized federal property, (5) identify leased space that is not fully used or occupied, and (6) conduct an inventory and make an assessment of real property under its control on an annual basis.
Establishes a Federal Real Property Council to: (1) develop guidance and ensure implementation of an efficient and effective real property management strategy, (2) identify opportunities to better manage real property assets, and (3) reduce the costs of managing real property. Requires agencies with independent leasing authority to submit to the Council a list of all their leases.
Requires the General Services Administration to establish and maintain a database of real property under the custody and control of all federal agencies
Requires the OMB to establish a pilot program to dispose of any surplus property.
Authorizes the Department of Housing and Urban Development (HUD) to make grants to private nonprofit organizations to purchase surplus real property to assist the homeless.
Amends title XI (General Provisions) of the Social Security Act to require the Department of Health and Human Services to submit to Congress a report on efforts to finalize plans and schedules for fully implementing and expanding the use of the Integrated Data Repository and on actions taken to plan, schedule, and conduct training on the One Program Integrity System.
Amends the Internal Revenue Code to authorize the Secretary of State to deny, revoke, or limit a passport of an individual who has a seriously delinquent tax debt in excess of $50,000.
Prohibits the Department of the Treasury from minting or issuing any coin, or engraving or printing any U.S. currency, that costs more to produce than the denomination of such coin or currency.
Requires the Government Publishing Office (GPO) to make any document of the House of Representatives or Senate available only in an electronic format accessible through the Internet and prohibits the printing or distribution of a printed copy of any such document, with a limited exception for requests by any person for whom the GPO would have been required to provide a printed copy.
Directs the Board of Governors of the Federal Reserve System to: (1) sequester all $1 coins bearing the design common to $1 coins minted and issued from 1979 through 1981 and in 1999; (2) undertake and report on efforts to improve the circulation of the $1 coin, other than those sequestered; (3) continuously conduct education programs to help businesses using or accepting cash to choose the best mix of $1 coins and bank notes to facilitate and reduce transaction costs; and (4) work with the Departments of State and the Treasury to ensure that countries that have adopted the dollar as a base unit of exchange and that place orders for supplies of $1 monetary units are fully briefed on the durability and longevity of $1 coins in high-circulation economies.
Declares it to be U.S. policy that after $1 coins achieve sufficient market penetration, $1 coins should replace $1 Federal Reserve notes. Allows Federal Reserve banks to continue to place $1 Federal Reserve notes into circulation until the number of $1 coins placed into circulation exceeds 600 million annually, or until four years after enactment of this Act, whichever is earlier.
Directs the Internal Revenue Service to develop a long-term strategy to improve its Internet web services provided to taxpayers.
Directs HUD and the Departments of Agriculture and Veterans Affairs to: (1) analyze, each year, the effectiveness and long-term costs and benefits of their programs, actions, and strategies for avoidance or mitigation of foreclosure losses regarding loans for and mortgages on one- to four-family homes made, insured, or guaranteed by such Departments; and (2) provide additional guidance on loss mitigation efforts to servicers of such loans and mortgages.
[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3300 Introduced in House (IH)]
114th CONGRESS
1st Session
H. R. 3300
To reduce waste and implement cost savings and revenue enhancement for
the Federal Government.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 29, 2015
Mr. Pittenger (for himself and Ms. Sinema) introduced the following
bill; which was referred to the Committee on Oversight and Government
Reform, and in addition to the Committees on Energy and Commerce, Ways
and Means, Foreign Affairs, Financial Services, House Administration,
and Rules, for a period to be subsequently determined by the Speaker,
in each case for consideration of such provisions as fall within the
jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To reduce waste and implement cost savings and revenue enhancement for
the Federal Government.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``Unified Savings
and Accountability Act'' or the ``USA Act''.
(b) Table of Contents.--The table of contents for this Act is as
follows:
Sec. 1. Short title; table of contents.
TITLE I--PROVISIONS RELATING TO FEDERAL PROPERTY, FEDERAL CONTRACTS AND
INFORMATION TECHNOLOGY
Subtitle A--Amendments and Other Provisions Relating to Federal
Property, Federal Contracts, and Information Technology
Sec. 101. Promotion of competition in Federal contracting.
Sec. 102. Promotion of strategic sourcing in Federal contracting.
Sec. 103. Avoiding duplicative information technology investments.
Sec. 104. Promotion of reverse auctions in Federal contracting.
Subtitle B--Federal Real Property Asset Management Reform
Sec. 121. Purpose.
Sec. 122. Property management and expedited disposal of real property.
Sec. 123. Report of the Comptroller General.
Sec. 124. Technical and conforming amendment.
TITLE II--OTHER MATTERS
Sec. 201. Report on implementation of certain Medicare and Medicaid
fraud detection and program integrity
provisions.
Sec. 202. Revocation or denial of passport and passport card in case of
certain unpaid taxes.
Sec. 203. Prohibition on non-cost-effective minting and printing of
coins and currency.
Sec. 204. Restrictions on printing and distribution of paper copies of
Congressional documents.
Sec. 205. Replacing the $1 note with the $1 coin.
Sec. 206. Enhancing the Internal Revenue Service's online services.
Sec. 207. Improving foreclosure loss mitigation efforts for mortgages
made, insured, or guaranteed by Federal
agencies.
TITLE I--PROVISIONS RELATING TO FEDERAL PROPERTY, FEDERAL CONTRACTS AND
INFORMATION TECHNOLOGY
Subtitle A--Amendments and Other Provisions Relating to Federal
Property, Federal Contracts, and Information Technology
SEC. 101. PROMOTION OF COMPETITION IN FEDERAL CONTRACTING.
(a) Office of Federal Procurement Policy.--Not later than 6 months
after the date of enactment of this Act, the Administrator for Federal
Procurement Policy shall issue guidance to Federal agencies to
reinvigorate the role of the competition advocate, consistent with the
recommendations of the Government Accountability Office in its report
GAO-10-833 (July 26, 2010).
(b) Elements of Guidance.--The guidance issued pursuant to
subsection (a) shall include key factors agencies should consider in
appointing and utilizing competition advocates, such as placement
within the organization, skill set, and potential methods to
effectively carry out their duties, and shall direct agencies to
require their competition advocates to actively involve program offices
in highlighting opportunities to increase competition.
SEC. 102. PROMOTION OF STRATEGIC SOURCING IN FEDERAL CONTRACTING.
(a) Savings Goals.--Not later than 6 months after the date of
enactment of this Act, and for 4 years annually thereafter, the
Director of the Office of Management and Budget shall issue Government-
wide savings goals for the strategic sourcing of goods and services by
executive agencies required to designate or appoint a Chief Financial
Officer as set forth in section 901 of title 31, United States Code.
The Director may issue goals required by this section that are
customized to individual agencies or sourcing efforts.
(b) Matters Covered.--In complying with subsection (a), the
Director shall provide at a minimum--
(1) guidance to executive agencies on calculating savings
generated from strategic sourcing efforts; and
(2) standards to measure progress towards meeting savings
goals established by subsection (a).
(c) Report.--Not later than 5 years after the date of enactment of
this Act, the Director shall submit to Congress a report on the extent
of savings realized through the strategic sourcing of goods and
services by executive agencies during the period Government-wide
savings goals are required to be issued pursuant to subsection (a).
SEC. 103. AVOIDING DUPLICATIVE INFORMATION TECHNOLOGY INVESTMENTS.
(a) Definitions.--In this section--
(1) the terms ``agency'' and ``information technology''
have the meanings given such terms in section 3502 of title 44,
United States Code; and
(2) the term ``Chief Information Officer'' means the Chief
Information Officer of an agency designated under section 3506
of title 44, United States Code, (or comparable official in an
agency not covered by such section).
(b) Purpose.--The purpose of this section is to improve
transparency in order to ensure that agencies avoid making duplicative
information technology investments.
(c) Reporting Potential Duplication.--
(1) Responsibility of agency chief information officers.--
Not later than 6 months after the date of enactment of this
Act, and at least annually thereafter, the Chief Information
Officer of each agency shall submit to the Director of the
Office of Management and Budget a report on potentially
duplicative information technology investments, which shall,
using existing or newly developed transparency mechanisms,
evaluate the results of the efforts of the agency to identify
and eliminate, where appropriate, each potentially duplicative
information technology investment.
(2) Functions of the director.--Not later than 90 days
after the date of enactment of this Act, the Director of the
Office of Management and Budget shall issue a policy requiring
consistency among all agencies in identifying information
technology investments (including applicable research and
development projects and mission-essential systems) in any
required reporting.
SEC. 104. PROMOTION OF REVERSE AUCTIONS IN FEDERAL CONTRACTING.
(a) Revision of FAR.--Not later than 6 months after the date of the
enactment of this Act, the Federal Acquisition Regulation shall be
revised to address reverse auctions by Federal agencies, including how
and when they should be used, the roles and responsibilities of
contracting officers, and what agencies should do if there is no
interactive bidding during an auction.
(b) Guidance on Reverse Auctions.--Not later than 6 months after
the date of enactment of this Act, the Director of Office of Management
and Budget shall, consistent with the recommendations of the Government
Accountability Office on reverse auctions in its report GAO-14-343SP
(April 2014), issue Government-wide guidance--
(1) advising agencies to collect and analyze data on the
level of interactive bidding and, where applicable, fees paid,
to determine the cost effectiveness of using reverse auctions
in the procurement of goods or services; and
(2) on best practices to maximize competition and savings
in the use of reverse auctions.
Subtitle B--Federal Real Property Asset Management Reform
SEC. 121. PURPOSE.
The purpose of this subtitle is to increase the efficiency and
effectiveness of the Federal Government in managing real property by--
(1) requiring agencies to maintain an up-to-date inventory
of real property;
(2) establishing a Federal Real Property Council to develop
guidance on and ensure the implementation of strategies for
better managing Federal real property; and
(3) authorizing a pilot program to expedite the disposal of
surplus real property.
SEC. 122. PROPERTY MANAGEMENT AND EXPEDITED DISPOSAL OF REAL PROPERTY.
Chapter 5 of subtitle I of title 40, United States Code, is amended
by adding at the end the following:
``SUBCHAPTER VII--PROPERTY MANAGEMENT AND EXPEDITED DISPOSAL OF REAL
PROPERTY
``Sec. 621. Definitions
``In this subchapter:
``(1) Administrator.--The term `Administrator' means the
Administrator of General Services.
``(2) Council.--The term `Council' means the Federal Real
Property Council established by section 623(a).
``(3) Director.--The term `Director' means the Director of
the Office of Management and Budget.
``(4) Disposal.--The term `disposal' means any action that
constitutes the removal of any real property from the Federal
inventory, including sale, deed, demolition, or exchange.
``(5) Excess property.--The term `excess property' means
any real property under the control of a Federal agency that
the head of the Federal agency determines is not required to
meet the needs or responsibilities of the Federal agency.
``(6) Federal agency.--The term `Federal agency' means--
``(A) an executive department or independent
establishment in the executive branch of the
Government; or
``(B) a wholly owned Government corporation.
``(7) Field office.--The term `field office' means any
office of a Federal agency that is not the headquarters office
location for the Federal agency.
``(8) Postal property.--The term `postal property' means
any building owned by the United States Postal Service.
``(9) Surplus property.--
``(A) In general.--The term `surplus property'
means excess real property that is not required to meet
the needs or responsibilities of any Federal agency.
``(B) Exclusions.--The term `surplus property' does
not include--
``(i) any military installation (as defined
in section 2910 of the Defense Base Closure and
Realignment Act of 1990 (10 U.S.C. 2687 note;
Public Law 101-510));
``(ii) any property that is excepted from
the definition of the term `property' under
section 102;
``(iii) Indian and native Eskimo property
held in trust by the Federal Government as
described in section 3301(a)(5)(C)(iii);
``(iv) real property operated and
maintained by the Tennessee Valley Authority
pursuant to the Tennessee Valley Authority Act
of 1933 (16 U.S.C. 831 et seq.);
``(v) any real property the Director
excludes for reasons of national security;
``(vi) any public lands (as defined in
section 203 of the Public Lands Corps Act of
1993 (16 U.S.C. 1722)) administered by--
``(I) the Secretary of the
Interior, acting through--
``(aa) the Director of the
Bureau of Land Management;
``(bb) the Director of the
National Park Service;
``(cc) the Commissioner of
Reclamation; or
``(dd) the Director of the
United States Fish and Wildlife
Service; or
``(II) the Secretary of
Agriculture, acting through the Chief
of the Forest Service; or
``(vii) any property operated and
maintained by the United States Postal Service.
``(10) Underutilized property.--The term `underutilized
property' means a portion or the entirety of any real property,
including any improvements, that is used--
``(A) irregularly or intermittently by the
accountable Federal agency for program purposes of the
Federal agency; or
``(B) for program purposes that can be satisfied
only with a portion of the property.
``Sec. 622. Duties of Federal agencies
``Each Federal agency shall--
``(1) maintain adequate inventory controls and
accountability systems for real property under the control of
the Federal agency;
``(2) develop current and future workforce projections so
as to have the capacity to assess the needs of the Federal
workforce regarding the use of real property;
``(3) continuously survey real property under the control
of the Federal agency to identify excess property,
underutilized property, and other real property suitable to be
used for--
``(A) colocation with other Federal agencies; or
``(B) consolidation with other facilities;
``(4) promptly report excess property and underutilized
property to the Administrator;
``(5) establish goals that will lead the Federal agency to
reduce excess property and underutilized property in the
inventory of the Federal agency;
``(6) submit to the Council a report on all excess property
and underutilized property in the inventory of the Federal
agency, including--
``(A) whether underutilized property can be better
utilized; and
``(B) the extent to which the Federal agency
believes that the underutilized property serves the
needs of the Federal agency to retain underutilized
property;
``(7) adopt workplace practices, configurations, and
management techniques that can achieve increased levels of
productivity and decrease the need for real property assets;
``(8) assess leased space to identify space that is not
fully used or occupied;
``(9) on an annual basis and subject to the guidance of the
Council--
``(A) conduct an inventory of real property under
control of the Federal agency; and
``(B) make an assessment of each real property,
which shall include--
``(i) the age and condition of the
property;
``(ii) the size of the property in square
footage and acreage;
``(iii) the geographical location of the
property, including an address and description;
``(iv) the extent to which the property is
being utilized;
``(v) the actual annual operating costs
associated with the property;
``(vi) the total cost of capital
expenditures associated with the property;
``(vii) sustainability metrics associated
with the property;
``(viii) the number of Federal employees
and functions housed at the property;
``(ix) the extent to which the mission of
the Federal agency is dependent on the
property;
``(x) the estimated amount of capital
expenditures projected to maintain and operate
the property over each of the next 5 years
after the date of enactment of this subchapter;
and
``(xi) any additional information required
by the Administrator to carry out section 624;
and
``(10) provide to the Council and the Administrator the
information described in paragraph (9)(B) to be used for the
establishment and maintenance of the database described in
section 624.
``Sec. 623. Colocation among United States Postal Service properties
``(a) Identification of Postal Property.--Each year, the Postmaster
General may--
``(1) identify a list of postal properties with space
available for use by Federal agencies; and
``(2) submit the list to the Council.
``(b) Submission of List of Postal Properties to Federal
Agencies.--
``(1) In general.--Not later than 30 days after the
completion of a list under subsection (a), the Council shall
provide the list to each Federal agency.
``(2) Review by federal agencies.--Not later than 90 days
after the receipt of the list submitted under paragraph (1),
each Federal agency shall--
``(A) review the list;
``(B) identify real property assets under the
control of the Federal agency; and
``(C) recommend colocations if appropriate.
``(c) Terms of Colocation.--On approval of the recommendations
under subsection (b) by the Postmaster General and the applicable
agency head, the Federal agency or appropriate landholding entity may
work with the Postmaster General to establish appropriate terms of a
lease for each postal property.
``Sec. 624. Establishment of a Federal Real Property Council
``(a) Establishment.--There is established a Federal Real Property
Council.
``(b) Purpose.--The purpose of the Council shall be--
``(1) to develop guidance and ensure implementation of an
efficient and effective real property management strategy;
``(2) to identify opportunities for the Federal Government
to better manage real property assets; and
``(3) to reduce the costs of managing real property,
including operations, maintenance, and security.
``(c) Composition.--
``(1) In general.--The Council shall be composed
exclusively of--
``(A) the senior real property officers of each
Federal agency;
``(B) the Deputy Director for Management of the
Office of Management and Budget;
``(C) the Controller of the Office of Management
and Budget;
``(D) the Administrator; and
``(E) any other full-time or permanent part-time
Federal officials or employees, as the Chairperson
determines to be necessary.
``(2) Chairperson.--The Deputy Director for Management of
the Office of Management and Budget shall serve as Chairperson
of the Council.
``(3) Executive director.--
``(A) In general.--The Chairperson shall designate
an Executive Director to assist in carrying out the
duties of the Council.
``(B) Qualifications; full-time.--The Executive
Director shall--
``(i) be appointed from among individuals
who have substantial experience in the areas of
commercial real estate and development, real
property management, and Federal operations and
management; and
``(ii) serve full time.
``(d) Meetings.--
``(1) In general.--The Council shall meet subject to the
call of the Chairperson.
``(2) Minimum.--The Council shall meet not fewer than 4
times each year.
``(e) Duties.--The Council, in consultation with the Director and
the Administrator, shall--
``(1) not later than 1 year after the date of enactment of
this subchapter, establish a real property management plan
template, to be updated annually, which shall include
performance measures, specific milestones, measurable savings,
strategies, and Government-wide goals based on the goals
established under section 622(5) to reduce surplus property or
to achieve better utilization of underutilized property, and
evaluation criteria to determine the effectiveness of real
property management that are designed--
``(A) to enable Congress and heads of Federal
agencies to track progress in the achievement of real
property management objectives on a Government-wide
basis;
``(B) to improve the management of real property;
and
``(C) to allow for comparison of the performance of
Federal agencies against industry and other public
sector agencies in terms of performance;
``(2) develop standard use rates consistent throughout each
category of space and with nongovernmental space use rates;
``(3) develop a strategy to reduce the reliance of Federal
agencies on leased space for long-term needs if ownership would
be less costly;
``(4) provide guidance on eliminating inefficiencies in the
Federal leasing process;
``(5) compile a list of real property assets that are field
offices that are suitable for colocation with other real
property assets; and
``(6) not later than 1 year after the date of enactment of
this subchapter and annually during the 4-year period beginning
on the date that is 1 year after the date of enactment of this
subchapter and ending on the date that is 5 years after the
date of enactment of this subchapter, the Council shall submit
to the Director a report that contains--
``(A) a list of the remaining excess property,
surplus property, and underutilized properties of each
Federal agency;
``(B) the progress of the Council toward developing
guidance for Federal agencies to ensure that the
assessment required under section 622(9)(B) is carried
out in a uniform manner; and
``(C) the progress of Federal agencies toward
achieving the goals established under section 622(5).
``(f) Consultation.--In carrying out the duties described in
subsection (e), the Council shall also consult with representatives
of--
``(1) State, local, tribal authorities, and affected
communities; and
``(2) appropriate private sector entities and
nongovernmental organizations that have expertise in areas of--
``(A) commercial real estate and development;
``(B) government management and operations;
``(C) space planning;
``(D) community development, including
transportation and planning; and
``(E) historic preservation.
``(g) Council Resources.--The Director and the Administrator shall
provide staffing, and administrative support for the Council, as
appropriate.
``Sec. 625. Federal real property inventory and database
``(a) In General.--Not later than 1 year after the date of
enactment of this subchapter, the Administrator shall establish and
maintain a single, comprehensive, and descriptive database of all real
property under the custody and control of all Federal agencies.
``(b) Contents.--The database shall include--
``(1) information provided to the Administrator under
section 622(9)(B); and
``(2) a list of real property disposals completed,
including--
``(A) the date and disposal method used for each
real property;
``(B) the proceeds obtained from the disposal of
each real property;
``(C) the amount of time required to dispose of the
real property, including the date on which the real
property is designated as excess property;
``(D) the date on which the property is designated
as surplus property and the date on which the property
is disposed; and
``(E) all costs associated with the disposal.
``(c) Accessibility.--
``(1) Committees.--The database established under
subsection (a) shall be made available on request to the
Committee on Homeland Security and Governmental Affairs and the
Committee on Environment and Public Works of the Senate and the
Committee on Oversight and Government Reform and the Committee
on Transportation and Infrastructure of the House of
Representatives.
``(2) General public.--Not later than 3 years after the
date of enactment of this subchapter and to the extent
consistent with national security, the Administrator shall make
the database established under subsection (a) accessible to the
public at no cost through the website of the General Services
Administration.
``Sec. 626. Limitation on certain leasing authorities
``(a) In General.--Except as provided in subsection (b), not later
than December 31 of each year following the date of enactment of this
subchapter, a Federal agency with independent leasing authority shall
submit to the Council a list of all leases, including operating leases,
in effect on the date of enactment of this subchapter that includes--
``(1) the date on which each lease was executed;
``(2) the date on which ease lease will expire;
``(3) a description of the size of the space;
``(4) the location of the property;
``(5) the tenant agency;
``(6) the total annual rental rate; and
``(7) the amount of the net present value of the total
estimated legal obligations of the Federal Government over the
life of the contract.
``(b) Exception.--Subsection (a) shall not apply to--
``(1) the United States Postal Service;
``(2) the Department of Veterans Affairs; or
``(3) any other property the President excludes from
subsection (a) for reasons of national security.
``Sec. 627. Expedited disposal pilot program
``(a) Establishment.--The Director shall establish a pilot program
to dispose of, by sale, transfer, or other means of disposal, any
surplus property.
``(1) Properties for expedited disposal.--
``(A) In general.--On an annual basis, the Director
may authorize the expedited disposal of not more than
200 surplus properties.
``(B) Priority.--In determining which properties to
dispose of, the Director shall give priority to surplus
properties that have the highest fair market value and
the greatest potential for disposal.
``(C) Costs associated with disposal.--
``(i) In general.--The Administrator may
obligate an amount to pay any direct and
indirect costs under section 572 related to
identifying and preparing properties to be
reported as excess property by a Federal
agency.
``(ii) Reimbursement.--An amount obligated
under clause (i) shall be paid from the
proceeds of any sale of real property under
this subsection.
``(iii) Net proceeds.--Net proceeds shall
be distributed under subsection (b).
``(D) Maximum net proceeds.--Any real property
authorized to be disposed of by sale of under
subparagraph (A) shall disposed of in a manner that, as
determined by the Administrator in consultation with
the head of the applicable Federal agency, is
structured and marketed to maximize the value to the
Federal Government.
``(E) Monetary proceeds requirement.--Surplus
property may be disposed of under this section only if
disposal of the property will generate monetary
proceeds to the Federal Government that--
``(i) exceed the costs of disposal of the
property; and
``(ii) are not less than 90 percent of fair
market value.
``(2) Applicability of certain law.--Any expedited disposal
of real property conducted under this section shall not be
subject to--
``(A) any section of An Act Authorizing the
Transfer of Certain Real Property for Wildlife, or
other Purposes (16 U.S.C. 667b);
``(B) sections 107 and 317 of title 23;
``(C) sections 545(b)(8), 550, 553, 554, and
1304(b);
``(D) section 501 of the McKinney-Vento Homeless
Assistance Act (42 U.S.C. 11411);
``(E) section 47151 of title 49; or
``(F) section 13(d) of the Surplus Property Act of
1944 (50 U.S.C. App. 1622(d)).
``(3) Effect.--Except as provided in paragraph (2), nothing
in this subchapter terminates or in any way limits the
authority of any Federal agency under any other provision of
law to dispose of real property.
``(b) Use of Proceeds.--
``(1) In general.--Of the proceeds received from the
disposal of any real property under this subchapter--
``(A) not less than 80 percent shall be returned to
the general fund of the Treasury for debt reduction;
``(B) the lesser of 18 percent or the share of
proceeds otherwise authorized to be retained under law
shall be retained by the Federal agency that has
custody and is accountable for the real property,
subject to paragraph (2);
``(C) not greater than 2 percent shall be made
available to carry out section 627, subject to annual
appropriations; and
``(D) any remaining share of the proceeds shall be
returned to the general fund of the Treasury for
Federal budget deficit reduction.
``(2) Limitation on use of proceeds.--Any proceeds retained
by Federal agencies under this section shall be--
``(A) deposited into the appropriate real property
account of the Federal agency that had custody and
accountability for the real property, with the funds
expended only as authorized in annual appropriations
Acts;
``(B) used--
``(i) by not later than 2 years after the
date of disposal of the real property; and
``(ii) only for activities relating to
Federal real property asset management and
disposal; and
``(C) if not used by the date described in
subparagraph (B)(i), shall be deposited in the Treasury
and used for Federal budget deficit reduction.
``(c) Public Benefit.--
``(1) Conveyance.--Except as provided in paragraph (2), if
a real property authorized to be disposed of under subsection
(a) has not been disposed of by the date that is 2 years after
the date the property is listed for sale, the Director, in
consultation with the Administrator and the Secretary of
Housing and Urban Development, may consider a request from the
disposing Federal agency that the real property be conveyed to
State and local governments or nonprofit organizations for
various public purposes or uses as permitted by applicable law.
``(2) Predominant use and size standards.--
``(A) In general.--Any real property authorized to
be disposed of under subsection (a) shall not be
conveyed under paragraph (1) if--
``(i) the predominant use of the property
is not for housing; and
``(ii)(I) the area of the property is not
less than 25,000 square feet; or
``(II) the appraised fair market value of
the property is greater than $1,000,000.
``(B) Appraised fair market value.--The appraised
fair market value described in subparagraph (A)(ii)(II)
shall be determined by the Federal agency with custody
or control of the property, in consultation with the
Administrator and standard appraisal practice.
``(d) Enforcement.--
``(1) Increase in size of inventory.--Except as provided in
paragraph (2), if a Federal agency fails to make available for
public sale the real property authorized to be disposed of
under subsection (a) by the date that is 18 months after the
date on which the authorization is made under subsection (a),
that Federal agency, except for specific exceptions promulgated
by the Director, shall not increase the size of the civilian
real property inventory, unless the square footage of the
increase is offset, within an appropriate time as determined by
the Director, through consolidation, colocation, or disposal of
another building space from the inventory of that Federal
agency.
``(2) Exception.--Paragraph (1) shall not apply to a
Federal agency that acquires any real property not under the
administrative jurisdiction of the Federal Government, by sale
or lease, until the Director submits a certification to
Congress of the disposal of all of those surplus properties.
``(e) Termination of Authority.--The authority provided by this
section terminates on the date that is 5 years after the date of
enactment of this subchapter.
``Sec. 628. Homeless assistance grants
``(a) Definitions.--In this section:
``(1) Eligible nonprofit organization.--The term `eligible
nonprofit organization' means a nonprofit organization that is
a representative of the homeless.
``(2) Homeless.--The term `homeless' has the meaning given
the term in section 103 of the McKinney-Vento Homeless
Assistance Act (42 U.S.C. 11302), except that subsection (c) of
that section shall not apply.
``(3) Permanent housing.--The term `permanent housing' has
the meaning given the term section 401 of the McKinney-Vento
Homeless Assistance Act (42 U.S.C. 11360).
``(4) Private nonprofit organization.--The term `private
nonprofit organization' has the meaning given the term in
section 401 of the McKinney-Vento Homeless Assistance Act (42
U.S.C. 11360).
``(5) Representative of the homeless.--The term
`representative of the homeless' has the meaning given the term
in section 501(i) of the McKinney-Vento Homeless Assistance Act
(42 U.S.C. 11411(i)).
``(6) Secretary.--The term `Secretary' means the Secretary
of Housing and Urban Development.
``(7) Transitional housing.--The term `transitional
housing' has the meaning given the term in section 401 of the
McKinney-Vento Homeless Assistance Act (42 U.S.C. 11360).
``(b) Grant Authority.--
``(1) In general.--To the extent amounts are made available
under section 626(b)(1)(B) for use under this section, the
Secretary shall make grants to eligible private nonprofit
organizations through the continuum of care program established
under subtitle C of title IV of the McKinney-Vento Homeless
Assistance Act (42 U.S.C. 11381 et seq.), to purchase real
property suitable for use to assist the homeless in accordance
with subsection (c).
``(2) Terms and conditions.--Except as otherwise provided
in this section, a grant under this section shall be subject to
the same terms and conditions as a grant under the continuum of
care program established under subtitle C of title IV of the
McKinney-Vento Homeless Assistance Act (42 U.S.C. 11381 et
seq.).
``(c) Use of Properties for Housing or Shelter for the Homeless.--
``(1) Eligible uses.--An eligible private nonprofit
organization that receives a grant under subsection (b) shall
use the amounts received only to purchase or rehabilitate real
property for use to provide permanent housing, transitional
housing, or temporary shelter to the homeless.
``(2) Term of use.--The Secretary may not make a grant
under subsection (b) to an eligible private nonprofit
organization unless the eligible private nonprofit organization
provides to the Secretary such assurances as the Secretary
determines necessary to ensure that any real property purchased
or rehabilitated using amounts received under the grant is used
only for the uses described in paragraph (1) for a period of
not less than 15 years.
``(d) Preference.--In awarding grants under subsection (b), the
Secretary shall give preference to eligible private nonprofit
organizations that operate within areas in which Federal real property
is being sold under the disposal program authorized under section 626.
``(e) Regulations.--The Secretary may promulgate such regulations
as are necessary to carry out this section.''.
SEC. 123. REPORT OF THE COMPTROLLER GENERAL.
(a) Draft.--Not later than 3 years after the date of enactment of
this Act, the Comptroller General of the United States shall submit to
Congress a draft report on the expedited disposal pilot program
established by the amendments made by section 122.
(b) Final.--Not later than 5 years after the date of enactment of
this Act, the Comptroller General of the United States shall submit to
Congress a final report on the expedited disposal pilot program
established by the amendments made by section 122.
SEC. 124. TECHNICAL AND CONFORMING AMENDMENT.
The table of sections for chapter 5 of subtitle I of title 40,
United States Code, is amended by inserting after the item relating to
section 611 the following:
``subchapter vii--property management and expedited disposal of real
property
``621. Definitions.
``622. Duties of Federal agencies.
``623. Colocation among United States Postal Service properties.
``624. Establishment of a Federal Real Property Council.
``625. Federal real property inventory and database.
``626. Limitation on certain leasing authorities.
``627. Expedited disposal pilot program.
``628. Homeless assistance grants.''.
TITLE II--OTHER MATTERS
SEC. 201. REPORT ON IMPLEMENTATION OF CERTAIN MEDICARE AND MEDICAID
FRAUD DETECTION AND PROGRAM INTEGRITY PROVISIONS.
Section 1128J(a)(1)(A) of the Social Security Act (42 U.S.C. 1320a-
7k(a)(1)(A)) is amended by adding at the end the following new clause:
``(iii) Report on integrated data
repository and one program integrity system.--
Not later than six months after the date of
enactment of this clause, the Secretary shall
submit to the appropriate congressional
committees a report on the following:
``(I) Integrated data repository.--
Efforts to finalize plans and schedules
for fully implementing and expanding
the use of the Integrated Data
Repository, including actions taken to
finalize, implement, and manage plans
for incorporating data into the
Integrated Data Repository and actions
taken to define measurable financial
benefits expected from the
implementation of the Integrated Data
Repository.
``(II) One program integrity
system.--Actions taken to plan,
schedule, and conduct training on the
One Program Integrity System, a web-
based portal and suite of software
tools used to analyze and extract data
from the Integrated Data Repository,
and actions taken to define measurable
financial benefits expected from the
use of the One Program Integrity
System.''.
SEC. 202. REVOCATION OR DENIAL OF PASSPORT AND PASSPORT CARD IN CASE OF
CERTAIN UNPAID TAXES.
(a) In General.--Subchapter D of chapter 75 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new section:
``SEC. 7345. REVOCATION OR DENIAL OF PASSPORT IN CASE OF CERTAIN TAX
DELINQUENCIES.
``(a) In General.--If the Secretary receives certification by the
Commissioner of Internal Revenue that any individual has a seriously
delinquent tax debt in an amount in excess of $50,000, the Secretary
shall transmit such certification to the Secretary of State for action
with respect to denial, revocation, or limitation of a passport or
passport card pursuant to section 4 of the Act entitled `An Act to
regulate the issue and validity of passports, and for other purposes',
approved July 3, 1926 (22 U.S.C. 211a et seq.), commonly known as the
`Passport Act of 1926'.
``(b) Seriously Delinquent Tax Debt.--For purposes of this section,
the term `seriously delinquent tax debt' means an outstanding debt
under this title for which a notice of lien has been filed in public
records pursuant to section 6323 or a notice of levy has been filed
pursuant to section 6331, except that such term does not include--
``(1) a debt that is being paid in a timely manner pursuant
to an agreement under section 6159 or 7122, and
``(2) a debt with respect to which collection is suspended
because a collection due process hearing under section 6330, or
relief under subsection (b), (c), or (f) of section 6015, is
requested or pending.
``(c) Adjustment for Inflation.--In the case of a calendar year
beginning after 2016, the dollar amount in subsection (a) shall be
increased by an amount equal to--
``(1) such dollar amount, multiplied by
``(2) the cost-of-living adjustment determined under
section 1(f)(3) for the calendar year, determined by
substituting `calendar year 2015' for `calendar year 1992' in
subparagraph (B) thereof.
If any amount as adjusted under the preceding sentence is not a
multiple of $1,000, such amount shall be rounded to the next highest
multiple of $1,000.''.
(b) Clerical Amendment.--The table of sections for subchapter D of
chapter 75 of the Internal Revenue Code of 1986 is amended by adding at
the end the following new item:
``Sec. 7345. Revocation or denial of passport in case of certain tax
delinquencies.''.
(c) Authority for Information Sharing.--
(1) In general.--Subsection (l) of section 6103 of the
Internal Revenue Code of 1986 is amended by adding at the end
the following new paragraph:
``(23) Disclosure of return information to department of
state for purposes of passport and passport card revocation
under section 7345.--
``(A) In general.--The Secretary shall, upon
receiving a certification described in section 7345,
disclose to the Secretary of State return information
with respect to a taxpayer who has a seriously
delinquent tax debt described in such section. Such
return information shall be limited to--
``(i) the taxpayer identity information
with respect to such taxpayer, and
``(ii) the amount of such seriously
delinquent tax debt.
``(B) Restriction on disclosure.--Return
information disclosed under subparagraph (A) may be
used by officers and employees of the Department of
State for the purposes of, and to the extent necessary
in, carrying out the requirements of section 4 of the
Act entitled `An Act to regulate the issue and validity
of passports, and for other purposes', approved July 3,
1926 (22 U.S.C. 211a et seq.), commonly known as the
`Passport Act of 1926'.''.
(2) Conforming amendment.--Paragraph (4) of section 6103(p)
of such Code is amended by striking ``or (22)'' each place it
appears in subparagraph (F)(ii) and in the matter preceding
subparagraph (A) and inserting ``(22), or (23)''.
(d) Revocation Authorization.--The Act entitled ``An Act to
regulate the issue and validity of passports, and for other purposes'',
approved July 3, 1926 (22 U.S.C. 211a et seq.), commonly known as the
``Passport Act of 1926'', is amended by adding at the end the
following:
``SEC. 4. AUTHORITY TO DENY OR REVOKE PASSPORT AND PASSPORT CARD.
``(a) Ineligibility.--
``(1) Issuance.--Except as provided under subsection (b),
upon receiving a certification described in section 7345 of the
Internal Revenue Code of 1986 from the Secretary of the
Treasury, the Secretary of State may not issue a passport or
passport card to any individual who has a seriously delinquent
tax debt described in such section.
``(2) Revocation.--The Secretary of State shall revoke a
passport or passport card previously issued to any individual
described in paragraph (1).
``(b) Exceptions.--
``(1) Emergency and humanitarian situations.--
Notwithstanding subsection (a), the Secretary of State may
issue a passport or passport card, in emergency circumstances
or for humanitarian reasons, to an individual described in
subsection (a)(1).
``(2) Limitation for return to united states.--
Notwithstanding subsection (a)(2), the Secretary of State,
before revocation, may--
``(A) limit a previously issued passport or
passport card only for return travel to the United
States; or
``(B) issue a limited passport or passport card
that only permits return travel to the United
States.''.
(e) Effective Date.--The amendments made by this section shall take
effect on January 1, 2016.
SEC. 203. PROHIBITION ON NON-COST-EFFECTIVE MINTING AND PRINTING OF
COINS AND CURRENCY.
(a) Prohibition With Respect to Coins.--Section 5111 of title 31,
United States Code, is amended by adding at the end the following:
``(e) Prohibition on Certain Minting.--Notwithstanding any other
provision of this subchapter, beginning on the date that is 4 years
after the date of enactment of this subsection, the Secretary may not
mint or issue any circulating coin that costs more to produce than the
denomination of the coin (including labor, materials, dies, use of
machinery, overhead expenses, marketing, and shipping).''.
(b) Prohibition With Respect to Currency.--Section 5114(a) of title
31, United States Code, is amended by adding at the end the following:
``(4) Prohibition on certain printing.--Notwithstanding any
other provision of this subchapter, beginning on the date that
is 4 years after the date of enactment of this paragraph, the
Secretary may not engrave or print any United States currency
that costs more to produce than the denomination of the
currency (including labor, materials, dies, use of machinery,
overhead expenses, marketing, and shipping).''.
SEC. 204. RESTRICTIONS ON PRINTING AND DISTRIBUTION OF PAPER COPIES OF
CONGRESSIONAL DOCUMENTS.
(a) Printing and Distribution of Documents by Public Printer.--
(1) Restrictions.--Chapter 7 of title 44, United States
Code, is amended by adding at the end the following new
section:
``Sec. 742. Restrictions on printing and distribution of paper copies
``(a) Mandatory Use of Electronic Format for Distribution of
Congressional Documents.--Notwithstanding any other provision of this
chapter, the Director of the Government Publishing Office shall make
any document of the House of Representatives or Senate which is subject
to any of the provisions of this chapter available only in an
electronic format which is accessible through the Internet, and may not
print or distribute a printed copy of the document except as provided
in subsection (b).
``(b) Permitting Printing and Distribution of Printed Copies Upon
Request.--Notwithstanding subsection (a), at the request of any person
to whom the Director of the Government Publishing Office would have
been required to provide a printed copy of a document under this
chapter had subsection (a) not been in effect, the Director may print
and distribute a copy of a document or report for the use of that
person, except that--
``(1) the number of printed copies the Director may provide
to the person may not exceed the number of printed copies the
Director would have provided to the person had subsection (a)
not been in effect; and
``(2) the Director may print and distribute copies to the
person only upon payment by the person of the costs of printing
and distributing the copies, except that this paragraph shall
not apply to an office of the House of Representatives or
Senate (including the office of a Member of Congress).''.
(2) Clerical amendment.--The table of sections of chapter 7
of title 44, United States Code, is amended by adding at the
end the following:
``742. Restrictions on printing and distribution of paper copies.''.
(b) Provision of Documents in Electronic Format Deemed To Meet
Requirements of House and Senate Rules Regarding Distribution of
Printed Copies.--
(1) In general.--If any rule or regulation of the House of
Representatives or Senate requires a Member or committee to
provide printed copies of any document (including any bill or
resolution) for the use of the House or Senate or for the use
of any office of the House or Senate, the Member or committee
shall be considered to have met the requirement of the rule or
regulation if the Member or committee makes the document
available to the recipient in an electronic format.
(2) Exercise of rulemaking authority of senate and house.--
This subsection is enacted by Congress--
(A) as an exercise of the rulemaking power of the
Senate and House of Representatives, respectively, and
as such it is deemed a part of the rules of each House,
respectively, and it supersedes other rules only to the
extent that it is inconsistent with such rules; and
(B) with full recognition of the constitutional
right of either House to change the rules (so far as
relating to the procedure of that House) at any time,
in the same manner, and to the same extent as in the
case of any other rule of that House.
(c) Effective Date.--This section and the amendments made by this
section shall apply with respect to documents produced on or after
January 1, 2016.
SEC. 205. REPLACING THE $1 NOTE WITH THE $1 COIN.
(a) Duties of the Board of Governors of the Federal Reserve
System.--
(1) Coin sequestration.--
(A) In general.--Not later than 180 days after the
date of enactment of this Act, the Board of Governors
of the Federal Reserve System shall sequester all $1
coins bearing the design common to those $1 coins
minted and issued from 1979 through 1981 and in 1999.
(B) Treatment of coins.--Coins sequestered pursuant
to subparagraph (A) shall not be returned to ordinary
circulation or otherwise released from storage
controlled by the Federal Reserve System or an agent of
the Federal Reserve System.
(C) Exception for certain uses.--Notwithstanding
subparagraph (B), coins sequestered pursuant to
subparagraph (A) may be released, at face value and in
bulk quantities--
(i) to dealers in collectible coins; and
(ii) to countries that have adopted the
United States dollar as their base unit of
exchange.
(D) Obsolete coins.--On the date that is 1 year
after the date of enactment of this Act, the coins
described in subparagraph (A)--
(i) shall be declared by the Secretary of
the Treasury to be obsolete;
(ii) shall be treated in the same manner as
all other obsolete United States coins; and
(iii) to the extent the coins remain in
general circulation, shall remain legal tender.
(2) Quarterly report on $1 coins.--The Board of Governors
of the Federal Reserve System shall submit to the Committee on
Banking, Housing, and Urban Affairs of the Senate and the
Committee on Financial Services of the House of Representatives
a quarterly report on--
(A) the number of coins sequestered pursuant to
paragraph (1)(A);
(B) the number of coins described in paragraph
(1)(A) that remain in general circulation; and
(C) efforts that have been made to reduce the
number of coins described in subparagraphs (A) and (B)
to zero.
(3) Improvement of circulation.--The Board of Governors of
the Federal Reserve System shall--
(A) undertake efforts to improve the circulation
and remove barriers to the circulation of the $1 coin,
other than the coins described under paragraph (1)(A);
(B) submit to the Committee on Banking, Housing,
and Urban Affairs of the Senate and the Committee on
Financial Services of the House of Representatives a
quarterly report on--
(i) the efforts made to improve the
circulation of $1 coins and the efforts being
planned to improve the circulation of $1 coins;
(ii) the success of such efforts, including
an analysis of the coins described in clause
(i) held in storage owned or controlled by the
Federal Reserve System and the number of such
coins in circulation;
(iii) barriers to the circulation of such
coins, including the availability of such coins
in quantities unmixed with the $1 coins
described in paragraph (1)(A); and
(iv) the extent to which the Federal
Reserve System and any agents of the Federal
Reserve System are unable to meet end-user
requests for delivery of unmixed quantities of
such coins in whatever form such end user
requires, including rolls, disposable tubes, or
volume bags of such coins.
(4) Outreach and education.--The Board of Governors of the
Federal Reserve System shall continuously conduct outreach and
education programs aimed at helping each business using or
accepting cash to choose the best mix of $1 coins and banknotes
to facilitate transactions and reduce costs of transactions and
of cashing out at the end of a transaction period.
(5) Use of $1 coins by foreign countries.--The Board of
Governors of the Federal Reserve System shall work with the
Secretary of State and the Secretary of the Treasury to ensure
that countries that have adopted the dollar as a base unit of
exchange and that place orders with the Federal Reserve System,
or through any United States financial institution, for
supplies of $1 monetary units, are fully briefed before placing
each such order on the durability and longevity of $1 coins in
high-circulation economies when used for transactions of a low
dollar value.
(b) Publicity Requirement.--Section 5112(p)(2) of title 31, United
States Code, is amended by striking ``Mint,'' and inserting ``Mint and
the Board of Governors of the Federal Reserve System''.
(c) Report on Implementation.--Not later than 1 year after the date
of enactment of this Act, and annually thereafter, the Comptroller
General of the United States and the Inspector General of the Board of
Governors of the Federal Reserve System and the Bureau of Consumer
Financial Protection shall each submit to the Committee on Banking,
Housing, and Urban Affairs of the Senate and the Committee on Financial
Services of the House of Representatives a report on steps being taken
by the Board of Governors of the Federal Reserve System to carry out
this Act.
(d) Clarification With Respect to Seigniorage.--The ninth proviso
of section 5136 of title 31, United States Code, is amended by
inserting ``and such amount shall be included as an estimated receipt
of the Government under section 1105(a)(6) and a receipt of the
Government under section 1105(a)(7) in any budget submitted under that
section'' after ``miscellaneous receipts''.
(e) Policy Statement.--It is the policy of the United States that
after $1 coins achieve sufficient market penetration such that
consumers and retailers are comfortable using $1 coins and are able to
obtain adequate supplies of $1 coins, $1 coins should replace $1
Federal Reserve notes as the only $1 monetary unit issued and
circulated by the Federal Reserve System.
(f) Deadline for Placing $1 Federal Reserve Notes Into
Circulation.--Federal Reserve banks may continue to place into
circulation $1 Federal Reserve notes until the earlier of--
(1) the date on which the number of $1 coins placed into
circulation after the date of the enactment of this Act exceeds
600,000,000 annually; or
(2) the date that is 4 years after the date of the
enactment of this Act.
(g) Transition Period.--Beginning on the date described in
subsection (f), a Federal Reserve bank--
(1) may not order additional $1 Federal Reserve notes; and
(2) except as provided in subsection (h), may, during the
1-year period beginning on the date described in subsection
(f), place into circulation $1 Federal Reserve notes on hand or
those deposited with the Federal Reserve bank.
(h) Removal of Unfit Currency.--Beginning on the date described in
subparagraph (f), a Federal Reserve bank shall--
(1) remove unfit currency from circulation; and
(2) destroy the currency described in paragraph (1).
(i) Exception.--
(1) In general.--Notwithstanding subsections (f) and (g),
the Board of Governors of the Federal Reserve System shall
produce such Federal Reserve notes of $1 denomination as the
Board determines from time to time are appropriate solely to
meet the needs of collectors of that denomination.
(2) Issuance of federal reserve notes.--The notes described
in paragraph (1) shall--
(A) be issued by 1 or more Federal Reserve banks in
accordance with section 16 of the Federal Reserve Act
(12 U.S.C. 411); and
(B) sold by the Board of Governors of the Federal
Reserve System, in whole or in part, under procedures
prescribed by the Board.
(j) No Effect on Legal Tender.--Notwithstanding any other provision
of this section, $1 Federal Reserve notes shall be considered legal
tender in the United States for all debts, public and private, public
charges, taxes, and duties, regardless of the date of printing or
issue.
SEC. 206. ENHANCING THE INTERNAL REVENUE SERVICE'S ONLINE SERVICES.
Not later than 6 months after the date of the enactment of this
Act, the Commissioner of Internal Revenue shall, pursuant to the
recommendations of the Government Accountability Office in its report
GAO-14-343SP (April 2014):
(1) Develop a long-term strategy to improve Internet web
services provided to taxpayers, in accordance with
www.Howto.gov and other Federal guidance outlined in the report
of the Government Accountability Office GAO-13-279SP (April
2013).
(2) Study leading practices of other organizations to
understand how web improvement strategies were developed and
new services prioritized.
(3) Develop business cases for all new online services,
describing the potential benefits and costs of the project, and
use them to prioritize future projects.
(4) Review risk mitigation plans for interactive tools to
ensure all risks are addressed and link investments in security
to the long-term plan.
SEC. 207. IMPROVING FORECLOSURE LOSS MITIGATION EFFORTS FOR MORTGAGES
MADE, INSURED, OR GUARANTEED BY FEDERAL AGENCIES.
(a) Definitions.--In this section--
(1) the term ``applicable agency'' means--
(A) with respect to the Secretary of Housing and
Urban Development, the Department of Housing and Urban
Development;
(B) with respect to the Secretary of Agriculture,
the Department of Agriculture; and
(C) with respect to the Secretary of Veterans
Affairs, the Department of Veterans Affairs; and
(2) the term ``covered loans and mortgages'' means, with
respect to an applicable agency, loans for and mortgages on 1-
to 4-family homes made, insured, or guaranteed by the
applicable agency.
(b) Required Analysis.--Not later than 6 months after the date of
enactment of this Act, and every year thereafter, the Secretary of
Housing and Urban Development, the Secretary of Agriculture, and the
Secretary of Veterans Affairs shall each analyze the effectiveness and
long-term costs and benefits of the programs, actions, and strategies
of the applicable agency for avoidance or mitigation of foreclosure
losses with respect to covered loans and mortgages of the applicable
agency, which shall include an analysis of--
(1) the re-default rates associated with various types of
loss mitigation actions; and
(2) the impacts that loan and borrower characteristics have
on the performance of different loss mitigation actions.
(c) Re-Evaluation.--Upon completion of each analysis conducted
under subsection (b), the Secretary of Housing and Urban Development,
the Secretary of Agriculture, and the Secretary of Veterans Affairs
shall each use the results of the analysis with respect to the covered
loans of the applicable agency to--
(1) re-evaluate the programs, actions, and strategies of
the applicable agency for avoidance or mitigation of
foreclosure losses with respect to covered loans and mortgages;
and
(2) provide additional guidance to servicers of covered
loans and mortgages to more effectively target and implement
loss mitigation efforts.
(d) Collection of Information.--The Secretary of Housing and Urban
Development, the Secretary of Agriculture, and the Secretary of
Veterans Affairs shall--
(1) collect such information regarding covered loans and
mortgages of the applicable agency as may be necessary to
conduct each analysis required under subsection (b), including
loan level data and information regarding loan performance; or
(2) require servicers of the covered loans and mortgages of
the applicable agency to provide any such information not
maintained or collected by the applicable agency.
(e) Consultation and Coordination.--The Secretary of Housing and
Urban Development, the Secretary of Agriculture, and the Secretary of
Veterans Affairs shall consult and coordinate with each other in
conducting each analysis and re-evaluation required under subsections
(b) and (c), respectively, to ensure the sharing of information and
promote effective loss mitigation efforts.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Energy and Commerce, Ways and Means, Foreign Affairs, Financial Services, House Administration, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Health.