Input:
SECTION 1. PROMOTING YOUTH FINANCIAL LITERACY.

    Title IV of the Elementary and Secondary Education Act of 1965 (20
U.S.C. 7101 et seq.) is amended by adding at the end the following:

              ``PART D--PROMOTING YOUTH FINANCIAL LITERACY

``SEC. 4401. SHORT TITLE AND FINDINGS.

    ``(a) Short Title.--This part may be cited as the `Youth Financial
Education Act'.
    ``(b) Findings.--Congress finds the following:
            ``(1) In order to succeed in our dynamic American economy,
        young people must obtain the skills, knowledge, and experience
        necessary to manage their personal finances and obtain general
        financial literacy. All young adults should have the
        educational tools necessary to make informed financial
        decisions.
            ``(2) Despite the critical importance of financial literacy
        to young people, the average student who graduates from high
        school lacks basic skills in the management of personal
        financial affairs. A nationwide survey conducted in 2002 by the
        Jump$tart Coalition for Personal Financial Literacy examined
        the financial knowledge of 4,024 12th graders. On average,
        survey respondents answered only 50 percent of the questions
        correctly. This figure is down from the 52 percent average
        score in 2000 and the 57 percent average score in 1997.
            ``(3) An evaluation by the National Endowment for Financial
        Education High School Financial Planning Program undertaken
        jointly with the United States Department of Agriculture
        Cooperative State Research, Education, and Extension Service
        demonstrates that as little as 10 hours of classroom
        instruction can impart substantial knowledge and affect
        significant change in how teens handle their money.
            ``(4) State educational leaders have recognized the
        importance of providing a basic financial education to students
        in kindergarten through grade 12 by integrating financial
        education into State educational standards, but by 2002 only 4
        States required students to complete a course that covered
        personal finance before graduating from high school.
            ``(5) Teacher training and professional development are
        critical to achieving youth financial literacy. Teachers
        confirm the need for professional development in personal
        finance education. In a survey by the National Institute for
        Consumer Education, 77 percent of a State's economics teachers
        revealed that they had never had a college course in personal
        finance.
            ``(6) Personal financial education helps prepare students
        for the workforce and for financial independence by developing
        their sense of individual responsibility, improving their life
        skills, and providing them with a thorough understanding of
        consumer economics that will benefit them for their entire
        lives.
            ``(7) Financial education integrates instruction in
        valuable life skills with instruction in economics, including
        income and taxes, money management, investment and spending,
        and the importance of personal savings.
            ``(8) The consumers and investors of tomorrow are in our
        schools today. The teaching of personal finance should be
        encouraged at all levels of our Nation's educational system,
        from kindergarten through grade 12.

``SEC. 4402. STATE GRANT PROGRAM.

    ``(a) Program Authorized.--The Secretary is authorized to provide
grants to State educational agencies to develop and integrate youth
financial education programs for students in elementary schools and
secondary schools.
    ``(b) State Plan.--
            ``(1) Approved state plan required.--To be eligible to
        receive a grant under this section, a State educational agency
        shall submit an application that includes a State plan,
        described in paragraph (2), that is approved by the Secretary.
            ``(2) State plan contents.--The State plan referred to in
        paragraph (1) shall include--
                    ``(A) a description of how the State educational
                agency will use grant funds;
                    ``(B) a description of how the programs supported
                by a grant will be coordinated with other relevant
                Federal, State, regional, and local programs; and
                    ``(C) a description of how the State educational
                agency will evaluate program performance.
    ``(c) Allocation of Funds.--
            ``(1) Allocation factors.--Except as otherwise provided in
        paragraph (2), the Secretary shall allocate the amounts made
        available to carry out this section pursuant to subsection (a)
        to each State according to the relative populations in all the
        States of students in kindergarten through grade 12, as
        determined by the Secretary based on the most recent
        satisfactory data.
            ``(2) Minimum allocation.--Subject to the availability of
        appropriations and notwithstanding paragraph (1), a State that
        has submitted a plan under subsection (b) that is approved by
        the Secretary shall be allocated an amount that is not less
        than $500,000 for a fiscal year.
            ``(3) Reallocation.--In any fiscal year an allocation under
        this subsection--
                    ``(A) for a State that has not submitted a plan
                under subsection (b); or
                    ``(B) for a State whose plan submitted under
                subsection (b) has been disapproved by the Secretary;
        shall be reallocated to States with approved plans under this
        section in accordance with paragraph (1).
    ``(d) Use of Grant Funds.--
            ``(1) Required uses.--A grant made to a State educational
        agency under this part shall be used--
                    ``(A) to provide funds to local educational
                agencies and public schools to carry out financial
                education programs for students in kindergarten through
                grade 12 based on the concept of achieving financial
                literacy through the teaching of personal financial
                management skills and the basic principles involved
                with earning, spending, saving, and investing;
                    ``(B) to carry out professional development
                programs to prepare teachers and administrators for
                financial education; and
                    ``(C) to monitor and evaluate programs supported
                under subparagraphs (A) and (B).
            ``(2) Limitation on administrative costs.--A State
        educational agency receiving a grant under subsection (a) may
        use not more than 4 percent of the total amount of the grant in
        each fiscal year for the administrative costs of carrying out
        this section.
    ``(e) Report to the Secretary.--Each State educational agency
receiving a grant under this section shall transmit a report to the
Secretary with respect to each fiscal year for which a grant is
received. The report shall describe the programs supported by the grant
and the results of the State educational agency's monitoring and
evaluation of such programs.

``SEC. 4403. CLEARINGHOUSE.

    ``(a) Authority.--Subject to the availability of appropriations,
the Secretary shall make a grant to, or execute a contract with, an
eligible entity with substantial experience in the field of financial
education, such as the Jump$tart Coalition for Personal Financial
Literacy, to establish, operate, and maintain a national clearinghouse
(in this part referred to as the `Clearinghouse') for instructional
materials and information regarding model financial education programs
and best practices.
    ``(b) Eligible Entity.--In this section, the term `eligible entity'
means a national nonprofit organization with a proven record of--
            ``(1) cataloging youth financial literacy materials; and
            ``(2) providing support services and materials to schools
        and other organizations that work to promote youth financial
        literacy.
    ``(c) Application.--An eligible entity desiring to establish,
operate, and maintain the Clearinghouse shall submit an application to
the Secretary at such time, in such manner, and accompanied by such
information, as the Secretary may reasonably require.
    ``(d) Basis and Term.--The Secretary shall make the grant or
contract authorized under subsection (a) on a competitive, merit basis
for a term of 5 years.
    ``(e) Use of Funds.--The Clearinghouse shall use the funds provided
under a grant or contract made under subsection (a)--
            ``(1) to maintain a repository of instructional materials
        and related information regarding financial education programs
        for elementary schools and secondary schools, including
        kindergartens, for use by States, localities, and the general
        public;
            ``(2) to disseminate to States, localities, and the general
        public, through electronic and other means, instructional
        materials and related information regarding financial education
        programs for elementary schools and secondary schools,
        including kindergartens; and
            ``(3) to the extent that resources allow, to provide
        technical assistance to States, localities, and the general
        public on the design, establishment, and implementation of
        financial education programs for elementary schools and
        secondary schools, including kindergartens.
    ``(f) Consultation.--The chief executive officer of the eligible
entity selected to establish and operate the Clearinghouse shall
consult with the Department of the Treasury and the Securities Exchange
Commission with respect to its activities under subsection (e).
    ``(g) Submission to Clearinghouse.--Each Federal agency or
department that develops financial education programs and instructional
materials for such programs shall submit to the Clearinghouse
information on the programs and copies of the materials.
    ``(h) Application of Copyright Laws.--In carrying out this section
the Clearinghouse shall comply with the provisions of title 17 of the
United States Code.

``SEC. 4404. EVALUATION AND REPORT.

    ``(a) Performance Measures.--The Secretary shall develop measures
to evaluate the performance of programs assisted under sections 4402
and 4403.
    ``(b) Evaluation According to Performance Measures.--Applying the
performance measures developed under subsection (a), the Secretary
shall evaluate programs assisted under sections 4402 and 4403--
            ``(1) to judge their performance and effectiveness;
            ``(2) to identify which of the programs represent the best
        practices of entities developing financial education programs
        for students in kindergarten through grade 12; and
            ``(3) to identify which of the programs may be replicated
        and used to provide technical assistance to States, localities,
        and the general public.
    ``(c) Report.--For each fiscal year for which there are
appropriations under section 4407(a), the Secretary shall transmit a
report to Congress describing the status of the implementation of this
part. The report shall include the results of the evaluation required
under subsection (b) and a description of the programs supported under
section 4402.

``SEC. 4405. DEFINITIONS.

    ``In this part:
            ``(1) Financial education.--The term `financial education'
        means educational activities and experiences, planned and
        supervised by qualified teachers, that enable students to
        understand basic economic and consumer principals, acquire the
        skills and knowledge necessary to manage personal and household
        finances, and develop a range of competencies that will enable
        them to become responsible consumers in today's complex
        economy.
            ``(2) Qualified teacher.--The term `qualified teacher'
        means a teacher who holds a valid teaching certification or is
        considered to be qualified by the State educational agency in
        the State in which the teacher works.

``SEC. 4406. PROHIBITION.

    ``Nothing in this part shall be construed to authorize an officer
or employee of the Federal Government to mandate, direct, or control a
State, local educational agency, or school's specific instructional
content, curriculum, or program of instruction, as a condition of
eligibility to receive funds under this part.

``SEC. 4407. AUTHORIZATION OF APPROPRIATIONS.

    ``(a) Authorization.--For the purposes of carrying out this part,
there are authorized to be appropriated $100,000,000 for each of the
fiscal years 2004 through 2008.
    ``(b) Limitation on Funds for Clearinghouse.--The Secretary may use
not less than 2 percent and not more than 5 percent of amounts
appropriated under subsection (a) for each fiscal year to carry out
section 4403.
    ``(c) Limitation on Funds for Secretary Evaluation.--The Secretary
may use not more than $200,000 from the amounts appropriated under
subsection (a) for each fiscal year to carry out subsections (a) and
(b) of section 4404.
    ``(d) Limitation on Administrative Costs.--Except as necessary to
carry out subsections (a) and (b) of section 4404 using amounts
described in subsection (c) of this section, the Secretary shall not
use any portion of the amounts appropriated under subsection (a) for
the costs of administering this part.''.

Output:
Youth Financial Education Act - Amends the Elementary and Secondary Education Act of 1965 to authorize the Secretary of Education to allot grants to State educational agencies to provide funds to local educational agencies and public schools for personal financial literacy education programs for students in kindergarten through grade 12, and for professional development programs to prepare teachers and administrators for such financial education.

Directs the Secretary to make a grant to or contract with an entity with substantial financial education experience for a national clearinghouse for instructional materials and information on model financial education programs and best practices.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Improving Access to Workers'
Compensation for Injured Federal Workers Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) Medical services and supplies provided by physician
        assistants (PAs), nurse practitioners (NPs), clinical nurse
        specialists (CNSs), certified nurse midwives (CNMs), and
        certified registered nurse anesthetists (CRNAs), are not
        included in the definition of ``medical, surgical, and hospital
        services and supplies'' in the Federal Employees' Compensation
        Act (5 U.S.C. 8101 et seq.). PAs, NPs, CNSs, CNMs, and CRNAs
        are not included in the definition of ``physician'' in such
        Act, and claims signed by PAs, NPs, CNSs, CNMs, and CRNAs have
        been denied by the Office of Workers' Compensation Programs of
        the Department of Labor.
            (2) In some rural areas where many of these providers are
        the only full-time providers of care, injured Federal workers
        may have to travel more than 100 miles to receive care that is
        reimbursable.
            (3) In some cases, Federal workers have been advised to use
        hospital emergency rooms for non-emergency care, rather than
        receiving care after hours at local clinics where many of these
        providers are the only health care professionals on site.
            (4) PAs, NPs, CNSs, CRNAs, and CNMs are covered providers
        within Medicare, Medicaid, Tri-Care, and most private insurance
        plans.
            (5) PAs, NPs, CRNAs, and CNMs are legally regulated in all
        50 States, the District of Columbia, and Guam.
            (6) All 50 States, the District of Columbia, and Guam
        authorize physicians to delegate prescriptive privileges to the
        PAs they supervise, authorize NPs to prescribe medications
        under their own signature; 48 States, the District of Columbia,
        American Samoa, and Guam provide prescriptive authority to
        CNMs; and CRNAs have prescriptive authority in 28 states (and
        the District of Columbia) and order and administer anesthesia
        medication and provide anesthesia and interventional pain
        management services in all 50 states and the District of
        Columbia.
            (7) PAs, NPs, and CRNAs work in virtually every area of
        medicine and surgery and are also employed by the Federal
        Government to provide medical care, including by the Department
        of Veterans Affairs, the Department of Defense, and the Public
        and Indian Health Services.
            (8) CNSs have clinical nursing expertise in diagnosis and
        provide direct care to prevent, remediate, or alleviate illness
        and promote health. CNSs practice in hospitals, clinics,
        nursing homes, and other community-based settings.
            (9) CNMs provide vital care to pregnant Federal workers who
        are injured on the job.
            (10) CRNAs, the oldest of the advanced practice nurse
        specialties, administer approximately 32 million anesthetics to
        patients each year in the U.S., and in some States are the sole
        providers of anesthetics in nearly 100 percent of rural
        hospitals.
            (11) CRNAs work in almost every setting in which anesthesia
        is given, including operating rooms, dental offices, pain
        clinics, ambulatory surgical settings, and provide
        interventional pain management service.
            (12) Amending the Federal Employees' Compensation Act to
        recognize PAs, NPs, CRNAs, CNSs, and CNMs as covered providers
        will bring this Act in line with the overwhelming majority of
        State workers' compensation programs, which recognize each of
        these providers as covered providers.
            (13) The exclusion of PAs, NPs, CNSs, CNMs, and CRNAs from
        the category of covered providers under the Federal Employees'
        Compensation Act limits patients' access to medical care,
        services, and supplies, disrupts continuity of care, and
        creates unnecessary costs for the Office of Workers'
        Compensation Programs.

SEC. 3. INCLUSION OF PHYSICIAN ASSISTANTS AND ADVANCED PRACTICE
              REGISTERED NURSES IN FEDERAL EMPLOYEES' COMPENSATION ACT.

    (a) Inclusion.--Section 8101 of title 5, United States Code, is
amended--
            (1) in paragraph (3), by inserting ``other eligible
        providers,'' after ``chiropractors,'';
            (2) by striking ``and'' at the end of paragraphs (18) and
        (19);
            (3) by striking the period at the end of paragraph (20) and
        inserting ``; and''; and
            (4) by adding at the end the following:
            ``(21) `other eligible provider' means a physician
        assistant, nurse practitioner, clinical nurse specialist,
        certified nurse midwife, or certified registered nurse
        anesthetist, within the scope of their practice as defined by
        State law, or as credentialed by the Federal government.''.
    (b) Conforming Amendments.--Chapter 81 of title 5, United States
Code, is amended--
            (1) in section 8103(a)--
                    (A) in the matter preceding paragraph (1), by
                inserting ``or other eligible provider'' after
                ``physician'';
                    (B) in paragraph (3), by inserting ``or other
                eligible providers'' after ``physicians''; and
                    (C) in the matter following paragraph (3), by
                inserting ``or other eligible provider'' after
                ``physician'';
            (2) in section 8121(6), by inserting ``or other eligible
        provider'' after ``physician''; and
            (3) in section 8123(a)--
                    (A) in the second sentence, by inserting ``or other
                eligible provider'' after ``physician''; and
                    (B) in the third sentence, by striking ``of the
                employee'' and inserting ``or other eligible provider
                of the employee''.

SEC. 4. EFFECTIVE DATE.

    The amendments made by this section shall apply beginning on the
first day of the second Federal fiscal year quarter that begins on or
after the date of the enactment of this Act.

Output: Improving Access to Workers' Compensation for Injured Federal Workers Act - Amends the Federal Employees' Compensation Act to include physician assistants, nurse practitioners, clinical nurse specialists, certified nurse midwives, and certified registered nurse anesthetists as eligible providers of medical, surgical, and hospital services and supplies under such Act.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Library of Congress Financial
Management Act of 1999''.

              TITLE I--LIBRARY OF CONGRESS REVOLVING FUND

SEC. 101. AVAILABILITY OF FUND FOR SERVICE ACTIVITIES.

    The Librarian of Congress is authorized--
            (1) to establish Fund service units to carry out Fund
        service activities; and
            (2) to make the library products and services constituting
        Fund service activities available for purchase through Fund
        service units at rates estimated by the Librarian to be
        adequate to recover the direct and indirect costs of the
        activities, with respect to each Fund service unit, over a
        reasonable period of time.

SEC. 102. FUND SERVICE ACTIVITIES.

    The Fund service activities that may be conducted by Fund service
units are--
            (1) preparation of research reports, translations,
        analytical studies, and related services for departments and
        other entities of the Federal Government;
            (2) centralized acquisition of publications and library
        materials in any format, information, research, and library
        support services; training in library and information services;
        and related services for departments and other entities of the
        Federal Government;
            (3) decimal classification development;
            (4) gift shop and other sales of items associated with
        collections, exhibits, performances, and special events of the
        Library of Congress;
            (5) location, copying, storage, preservation and delivery
        services for library document and audio-visual materials, not
        including basic domestic interlibrary loan services; and
        international interlibrary lending;
            (6) special events and programs; performances, exhibits,
        workshops, and training; and
            (7) cooperative acquisitions of foreign publications and
        research materials and related services on behalf of
        participating institutions.

SEC. 103. LIBRARY OF CONGRESS REVOLVING FUND.

    (a) Establishment.--There is established in the Treasury of the
United States a fund to be known as the Library of Congress Revolving
Fund. The Fund shall be available to the Librarian of Congress without
fiscal year limitation, for the conduct of Fund service activities
operated by the Library on a cost-recovery basis. Obligations for Fund
service activities are limited to the total amounts specified in the
appropriations act for any fiscal year. The Fund shall consist of
amounts deposited under subsection (b) and credits under subsection
(c).
    (b) Capital; Amounts Deposited.--The Fund shall consist of--
            (1) amounts from funds appropriated to the Library of
        Congress that the Librarian may temporarily transfer to the
        Fund for capitalization of the Fund, in which case the Fund
        shall reimburse the Library for amounts so transferred before
        the period of availability of the Library appropriation
        expires;
            (2) any amounts transferred as capital from the fund
        authorized under section 207(b)(2) of Legislative Branch
        Appropriation Act, 1998 (Public Law 105-55) (as such section
        was in effect on the day before the date of enactment of this
        Act);
            (3) any obligated, unexpended balances existing as of
        September 30, 2000, or the date of enactment of this Act,
        whichever is later, attributable to the activities specified in
        section 102 that the Library conducts, which balances the
        Librarian may transfer to the Fund notwithstanding the
        requirements of section 1535(d) of title 31, United States
        Code;
            (4) upon the transfer of an activity of the Library of
        Congress to a Fund service unit, the difference between--
                    (A) the total value of the supplies, inventories,
                equipment, gift fund balances, and other assets of the
                activity; and
                    (B) the total value of the liabilities (including
                the value of accrued annual leave of employees) of the
                activity; and
            (5) any amounts appropriated by law for the purposes of the
        Fund.
    (c) Credits.--The Fund shall be credited with all amounts received
by Fund service units with respect to Fund service activities,
including--
            (1) fees, advances, and reimbursements;
            (2) gifts or bequests of money or property for credit to
        the Fund;
            (3) receipts from sales and exchanges of property;
            (4) payments for loss or damage to property;
            (5) receivables, inventories, and other assets; and
            (6) amounts appropriated by law.
    (d) Advances of Funds.--Participants in Fund services activities
shall pay by advance of funds in all cases where it is determined by
the Librarian that there is insufficient capital otherwise available in
the Fund. Advances of funds also may be made by agreement between the
participants and the Librarian.
    (e) Individual Accounting Requirement for Fund Service Units.--
Separate accounts of the Fund shall be maintained with respect to
individual Fund service units.
    (f) Excess Funds.--Any unobligated and unexpended balances in the
Fund that the Librarian determines to be in excess of amounts needed
for activities financed by the Fund shall be deposited in the Treasury
of the United States as a miscellaneous receipt. For the purpose of the
preceding sentence the term ``amounts needed for activities financed by
the Fund'' means the direct and indirect costs of the activities,
including the costs of purchasing, shipping, and binding of books and
other library materials; supplies, materials, equipment and service
needed in support of the activities; salaries and benefits; general
overhead; and travel.
    (g) Multiyear Contracting Authority.--In the operation of Fund
activities, the Librarian is authorized to enter into contracts for the
lease and acquisition of goods and services (including severable
services) for a period that begins in one fiscal year and ends in the
next fiscal year, and to enter into multiyear contracts for the
acquisition of property and services, in the same manner and to the
same extent as the head of an executive agency may enter into such
contracts under sections 303L and 304B, respectively, of the Federal
Property and Administrative Services Act (41 U.S.C. 253l and 254c).
    (h) Annual Report.--Not later than March 31 of each year, the
Librarian shall submit to Congress an audited financial statement for
the Fund for the preceding fiscal year. The audit shall be conducted in
accordance with Government Auditing Standards for financial audits
issued by the Comptroller General of the United States.

SEC. 104. DEFINITIONS.

    As used in this title--
            (1) the term ``departments and other entities of the
        Federal Government'' means any department, agency or
        instrumentality of the United States Government, including
        executive departments, military departments, independent
        establishments, wholly owned Government corporations, and
        entities in the legislative and judicial branches, and includes
        any department, agency or instrumentality of the District of
        Columbia government;
            (2) the term ``Fund'' means the Library of Congress
        Revolving Fund established under section 103;
            (3) the term ``Fund service activities'' means the library
        information products and services described in section 102;
            (4) the term ``Fund service unit'' means an organizational
        entity of the Library of Congress that, at the direction of the
        Librarian, is partially or fully sustained through the Fund;
        and
            (5) the term ``Librarian'' means the Librarian of Congress.

SEC. 105. REPEAL.

    Section 207 of the Legislative Branch Appropriations Act, 1998
(Public Law 105-55) is repealed.

SEC. 106. EFFECTIVE DATE.

    This title shall take effect on October 1, 2000.

               TITLE II--CATALOGING PRODUCTS AND SERVICES

SEC. 201. AVAILAB1LITY OF CATALOGING PRODUCTS AND SERVICES.

    (a) In General.--The Librarian of Congress is authorized to make
cataloging products and services, created by the Library of Congress,
available for purchase at prices that reflect as closely as practicable
the cost of distribution over a reasonable period of time. The amounts
received for such products and services shall be deposited in the
Treasury of the United States to the credit of the appropriation for
salaries and expenses of the Library of Congress, to remain available
until expended for necessary distribution of such products and
services.
    (b) Definition.--As used in this section, the term ``cataloging
products and services'' means those bibliographic products and
services, in any format now known or later developed, that are used by
libraries and library organizations, including other Library-created
data bases, and related technical publications.

SEC. 202. REPEAL.

    The paragraph beginning ``The Librarian of Congress'' under the
heading ``Public printing and binding'' in the first section of the Act
entitled ``An Act making appropriations for sundry civil expenses of
the Government for the fiscal year ending June thirtieth, nineteen
hundred and three, and for other purposes'', approved June 28, 1902 (2
U.S.C. 150), is repealed.

SEC. 203. EFFECTIVE DATE.

    This title and the amendment made by this title shall take effect
on October 1, 2000.

       TITLE III--LIBRARY OF CONGRESS TRUST FUND BOARD AMENDMENTS

SEC. 301. ADDITION OF BOARD MEMBER.

    The first sentence of the first paragraph of the first section of
the Act entitled ``An Act to create a Library of Congress Trust Fund
Board, and for other purposes,'' approved March 3, 1925 (2 U.S.C. 154)
is amended by inserting ``and vice chairman'' after ``chairman.''

SEC. 302. TEMPORARY EXTENSION OF BOARD MEMBER TERM.

    The first paragraph of the first section of such Act (2 U.S.C. 154)
is amended by inserting after the first sentence the following: ``Upon
the request of the chairman of the Joint Committee on the Library, any
member whose term has expired may continue to serve on the Library of
Congress Trust Fund Board until the earlier of (A) the date on which
such member's successor is appointed, or (B) the end of the two-year
period beginning on the date such member's term expires.''.

SEC. 303. TRUST FUND BOARD QUORUM.

    The third sentence of the first paragraph of the first section of
such Act (as amended by section 302) (2 U.S.C. 154) is amended by
striking ``Nine'' and inserting ``Seven''.

Output:
(Sec. 102) Specifies the Fund service activities that may be conducted by Fund Service units.
(Sec. 103) Establishes the Library of Congress Revolving Fund, to be made available to the Librarian without fiscal year limitation, for the conduct of Fund service activities. Limits the obligations for such activities for any fiscal year to the total amounts specified in appropriations Acts for such fiscal year.
Authorizes the Librarian, in the operation of Fund activities, to enter into: (1) contracts for the lease and acquisition of goods and services for a period that begins in one fiscal year and ends in the next fiscal year; and (2) multi-year contracts for the acquisition of property and services in the same manner and to the same extent as the head of an executive agency may enter into such contracts under provisions of the Federal Property and Administrative Services Act.
(Sec. 105) Repeals provisions of the Legislative Branch Appropriations Act, 1998 establishing the Cooperative Acquisitions Program Revolving Fund for financing a Library program to acquire foreign publications and research materials on behalf of participating institutions on a cost-recovery basis.
Title II: Cataloging Products and Services
 - Authorizes the Librarian of Congress to make cataloging products and services, created by the Library, available for purchase at prices that reflect as closely as practicable the cost of distribution over a reasonable period.
(Sec. 202) Repeals Federal law provisions that authorize the Librarian of Congress to sell copies of card indexes and other publications to institutions or individuals.
Title III: Library of Congress Trust Fund Board Amendments
 - Revises the composition of the Library of Congress Trust Fund Board to include the vice chair of the Joint Committee on the Library. Provides for a temporary extension of Board members' terms. Decreases from nine to seven members the Board's quorum for the transaction of business.


Input:
SECTION 1. FINDINGS AND STATEMENT OF PURPOSE.

    (a) Findings.--The Congress finds as follows:
            (1) The Supplemental Security Income program provides
        essential income security to more than 4,000,000 working-age
        adult Americans, most of whom are disabled.
            (2) Eligibility for the Supplemental Security Income
        program requires the applicant to have very few assets that are
        available for the individual's use. However, certain necessary
        assets, such as the person's primary residence, and certain
        government benefits, such as the Earned Income Tax Credit, are
        excluded from the asset test.
            (3) The value of a traditional defined benefit plan that
        will eventually provide the former worker with periodic
        payments does not count against the asset limit for the
        Supplemental Security Income program, allowing a person who
        becomes disabled to qualify for Supplemental Security Income
        and Medicaid benefits while maintaining the right to receive a
        pension at retirement age.
            (4) Americans are increasingly dependent on defined
        contribution plans such as 401(k) and individual retirement
        accounts to provide for retirement security. Assets saved in
        such plans count against a person's eligibility for
        Supplemental Security Income benefits.
            (5) Persons with disabilities are thus discouraged from
        accumulating any retirement savings during periods of time when
        they are able to work, because if their medical condition
        deteriorates or they otherwise lose their job, they will have
        to liquidate their retirement accounts and pay penalties in
        order to qualify for Supplemental Security Income and Medicaid
        benefits.
            (6) The current treatment of retirement assets discourages
        savings and work for disabled persons.
    (b) Statement of Purpose.--The purpose of this Act is to encourage
retirement savings for all and promote work and self-sufficiency for
persons with disabilities by disregarding up to $75,000 in retirement
accounts when determining eligibility for benefits under the
Supplemental Security Income program.

SEC. 2. EXCLUSION OF LIMITED VALUE OF RETIREMENT PLANS UNDER THE SSI
              PROGRAM.

    (a) Resourse Exclusion.--
            (1) In general.--Section 1613(a) of the Social Security Act
        (42 U.S.C. 1382b(a)) is amended--
                    (A) by striking ``and'' at the end of paragraph
                (14);
                    (B) by striking the period at the end of paragraph
                (15) and inserting ``; and''; and
                    (C) by inserting after paragraph (15) the
                following:
            ``(16) the value of any plan, contract, or account,
        described in section 401(a), 403(a), 403(b), 408, 408A, 457(b),
        or 501(c)(18) of the Internal Revenue Code of 1986, established
        for the benefit of the individual, to the extent the aggregate
        value of all such plans, contracts, and accounts so established
        does not exceed $75,000 (in the case of calendar years prior to
        2009) and the amount determined under section 1617(d) for the
        calendar year (in the case of calendar years after 2008).''.
            (2) Annual cost of living adjustment.--Section 1617 of such
        Act (42 U.S.C. 1382f) is amended by adding at the end the
        following new subsection:
    ``(d)(1) The Commissioner of Social Security shall, on or before
November 1 of 2008 and every calendar year thereafter, determine and
publish in the Federal Register a dollar amount for purposes of section
1613(a)(16) for the succeeding calendar year. The amount determined
under this subsection shall be the amount in effect in the calendar
year in which the determination is made or, if larger, the product of--
            ``(A) $75,000, and
            ``(B) the ratio of--
                    ``(i) the Consumer Price Index for the calendar
                year before the calendar year in which the
                determination is made to
                    ``(ii) the Consumer Price Index for 2007,
with such product, if not a multiple of $100, being rounded to the next
higher multiple of $100 where such product is a multiple of $50 but not
of $100 and the nearest multiple of $100 in any other case.
    ``(2) For purposes of this subsection, the term `Consumer Price
Index' for any year means the arithmetical mean of the Consumer Price
Index for Urban Wage Earners and Clerical Workers (CPI-W) issued by the
Bureau of Labor Statistics of the Department of Labor for the 12 months
in such year.''.
    (b) Income Exclusion.--Section 1612(b) of such Act (42 U.S.C.
1382a(b)) is amended--
            (1) by striking ``and'' at the end of paragraph (22);
            (2) by striking the period at the end of paragraph (23) and
        inserting ``; and''; and
            (3) by adding at the end the following:
            ``(24) the interest or other earnings on the resources of
        the individual that are excluded by reason of section
        1613(a)(16).''.
    (c) No Requirement To Accelerate Retirement Payments.--Section
1611(e)(2) of such Act (42 U.S.C. 1382(e)(2)) is amended by inserting
``(except, in the case of a person who has not attained 65 years of
age, payments from a plan, contract, or account referred to in section
1613(a)(16))'' after ``1612(a)(2)(B)''.
    (d) Effective Date.--The amendments made by this section shall
apply to benefits for calendar months beginning after the date of the
enactment of this Act.

Output: Amends title XVI (Supplemental Security Income) of the Social Security Act to exclude the first $75,000 of the value of retirement plans (adjusted annually for cost of living) in determining eligibility for, and the amount of benefits under, the SSI program.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``National Energy Security Corridors
Act''.

SEC. 2. DESIGNATION OF NATIONAL ENERGY SECURITY CORRIDORS ON FEDERAL
              LANDS.

    (a) In General.--Section 28 of the Mineral Leasing Act (30 U.S.C.
185) is amended as follows:
            (1) In subsection (b)--
                    (A) by striking ``(b)(1) For the purposes of this
                section `Federal lands' means'' and inserting the
                following:
    ``(b)(1) For the purposes of this section `Federal lands'--
            ``(A) except as provided in subparagraph (B), means'';
                    (B) by striking the period at the end of paragraph
                (1) and inserting ``; and'' and by adding at the end of
                paragraph (1) the following:
            ``(B) for purposes of granting an application for a natural
        gas pipeline right-of-way, means all lands owned by the United
        States except--
                    ``(i) such lands held in trust for an Indian or
                Indian tribe; and
                    ``(ii) lands on the Outer Continental Shelf.''.
            (2) By redesignating subsection (b), as so amended, as
        subsection (z), and transferring such subsection to appear
        after subsection (y) of that section.
            (3) By inserting after subsection (a) the following:
    ``(b) National Energy Security Corridors.--
            ``(1) Designation.--In addition to other authorities under
        this section, the Secretary shall--
                    ``(A) identify and designate suitable Federal lands
                as National Energy Security Corridors (in this
                subsection referred to as a `Corridor'), which shall be
                used for construction, operation, and maintenance of
                natural gas transmission facilities; and
                    ``(B) incorporate such Corridors upon designation
                into the relevant agency land use and resource
                management plans or equivalent plans.
            ``(2) Considerations.--In evaluating Federal lands for
        designation as a National Energy Security Corridor, the
        Secretary shall--
                    ``(A) employ the principle of multiple use to
                ensure route decisions balance national energy security
                needs with existing land use principles;
                    ``(B) seek input from other Federal counterparts,
                State, local, and tribal governments, and affected
                utility and pipeline industries to determine the best
                suitable, most cost-effective, and commercially viable
                acreage for natural gas transmission facilities;
                    ``(C) focus on transmission routes that improve
                domestic energy security through increasing
                reliability, relieving congestion, reducing natural gas
                prices, and meeting growing demand for natural gas; and
                    ``(D) take into account technological innovations
                that reduce the need for surface disturbance.
            ``(3) Procedures.--The Secretary shall establish procedures
        to expedite and approve applications for rights-of-way for
        natural gas pipelines across National Energy Security
        Corridors, that--
                    ``(A) ensure a transparent process for review of
                applications for rights-of-way on such corridors;
                    ``(B) require an approval time of not more than 1
                year after the date of receipt of an application for a
                right-of-way; and
                    ``(C) require, upon receipt of such an application,
                notice to the applicant of a predictable timeline for
                consideration of the application, that clearly
                delineates important milestones in the process of such
                consideration.
            ``(4) State input.--
                    ``(A) Requests authorized.--The Governor of a State
                may submit requests to the Secretary of the Interior to
                designate Corridors on Federal land in that State.
                    ``(B) Consideration of requests.--After receiving
                such a request, the Secretary shall respond in writing,
                within 30 days--
                            ``(i) acknowledging receipt of the request;
                        and
                            ``(ii) setting forth a timeline in which
                        the Secretary shall grant, deny, or modify such
                        request and state the reasons for doing so.
            ``(5) Spatial distribution of corridors.--In implementing
        this subsection, the Secretary shall coordinate with other
        Federal Departments to--
                    ``(A) minimize the proliferation of duplicative
                natural gas pipeline rights-of-way on Federal lands
                where feasible;
                    ``(B) ensure Corridors can connect effectively
                across Federal lands; and
                    ``(C) utilize input from utility and pipeline
                industries submitting applications for rights-of-way to
                site corridors in economically feasible areas that
                reduce impacts, to the extent practicable, on local
                communities.
            ``(6) Not a major federal action.--Designation of a
        Corridor under this subsection, and incorporation of Corridors
        into agency plans under paragraph (1)(B), shall not be treated
        as a major Federal action for purpose of section 102 of the
        National Environmental Policy Act of 1969 (42 U.S.C. 4332).
            ``(7) No limit on number or length of corridors.--Nothing
        in this subsection limits the number or physical dimensions of
        Corridors that the Secretary may designate under this
        subsection.
            ``(8) Other authority not affected.--Nothing in this
        subsection affects the authority of the Secretary to issue
        rights-of-way on Federal land that is not located in a Corridor
        designated under this subsection.
            ``(9) NEPA clarification.--All applications for rights-of-
        way for natural gas transmission facilities across Corridors
        designated under this subsection shall be subject to the
        environmental protections outlined in subsection (h).''.
    (b) Applications Received Before Designation of Corridors.--Any
application for a right-of-way under section 28 of the Mineral Leasing
Act (30 U.S.C. 185) that is received by the Secretary of the Interior
before designation of National Energy Security Corridors under the
amendment made by subsection (a) of this section shall be reviewed and
acted upon independently by the Secretary without regard to the process
for such designation.
    (c) Deadline.--Within 2 years after the date of the enactment of
this Act, the Secretary of the Interior shall designate at least 10
National Energy Security Corridors under the amendment made by
subsection (a) in contiguous States referred to in section 368(b) of
the Energy Policy Act of 2005 (42 U.S.C. 15926(b)).

SEC. 3. NOTIFICATION REQUIREMENT.

    The Secretary of the Interior shall promptly notify the Committee
on Natural Resources of the House of Representatives and the Committee
on Energy and Natural Resources of the Senate of each instance in which
any agency or official of the Department of the Interior fails to
comply with any schedule established under section 15(c) of the Natural
Gas Act (15 U.S.C. 717n(c)).

Output: National Energy Security Corridors Act  (Sec. 2) This bill amends the Mineral Leasing Act to allow natural gas pipeline rights-of-way through all federally owned lands, including lands in the National Park System, except lands held in trust for an Indian or Indian tribe and lands on the outer Continental Shelf. The Department of the Interior must: (1) identify and designate suitable federal lands as National Energy Security Corridors for construction, operation, and maintenance of natural gas transmission facilities; and (2) incorporate such Corridors into the relevant agency land use and resource management plans.  Additionally, Interior shall: (1) take into account certain considerations when evaluating federal land for designation as a National Energy Security Corridor, and (2) establish specified procedures to expedite and approve applications for rights-of-way for natural gas pipelines across National Energy Security Corridors. The governor of a state may request Corridors to be designated on federal land within that state.  For purposes of the National Environmental Policy Act of 1969 neither the designation of a Corridor, nor the incorporation of a Corridor into agency plans, shall be treated as a major federal action subject to environmental impact evaluation. All applications for rights-of-way for natural gas transmission facilities across the designated Corridors shall be subject to specified environmental protections. (Sec. 3) Interior shall notify certain congressional committees whenever an agency or Interior official fails to comply with federal authorization schedules established under the Natural Gas Act.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Bankruptcy Judgeship Act of 2015''.

SEC. 2. CONVERSION OF THE TEMPORARY OFFICE OF BANKRUPTCY JUDGE TO THE
              PERMANENT OFFICE OF BANKRUPTCY JUDGE IN CERTAIN JUDICIAL
              DISTRICTS.

    (a) District of Delaware.--
            (1) The temporary office of 4 bankruptcy judges authorized
        for the district of Delaware by section 1223(b)(1)(C) of Public
        Law 109-8 (119 Stat. 196; 28 U.S.C. 152 note), and extended by
        section 2(a)(1)(C) of Public Law 112-121 (126 Stat. 346; 28
        U.S.C. 152 note), is converted hereby to the permanent office
        of bankruptcy judge and represented in the amendment made by
        section 3(1) of this Act.
            (2) The temporary office of bankruptcy judge authorized for
        the district of Delaware by section 3(a)(3) of Public Law 102-
        361 (106 Stat. 966; 28 U.S.C. 152 note), and extended by
        section 1223(c)(1) of Public Law 109-8 (119 Stat. 198; 28
        U.S.C. 152 note) and section 2(b)(1) of Public Law 112-121 (126
        Stat. 347; 28 U.S.C. 152 note), is converted hereby to the
        permanent office of bankruptcy judge and represented in the
        amendment made by section 3(1) of this Act.
    (b) Southern District of Florida.--The temporary office of 2
bankruptcy judges authorized for the southern district of Florida by
section 1223(b)(1)(D) of Public law 109-8 (119 Stat. 197; 28 U.S.C. 152
note), and extended by section 2(a)(1)(D) of Public Law 112-121 (126
Stat. 346; 28 U.S.C. 152 note), is converted hereby to the permanent
offices of bankruptcy judges and represented in the amendment made by
section 3(3) of this Act.
    (c) District of Maryland.--The temporary office of the 2 bankruptcy
judges first appointed as authorized for the district of Maryland by
section 1223(b)(1)(F) of Public Law 109-8 (119 Stat. 197; 28 U.S.C. 152
note), and extended by section 2(a)(1)(F) of Public Law 112-121 (126
Stat. 346; 28 U.S.C. 152 note), is converted hereby to the permanent
office of bankruptcy judge and represented in the amendment made by
section 3(4) of this Act.
    (d) Eastern District of Michigan.--The temporary office of
bankruptcy judge authorized for the eastern district of Michigan by
section 1223(b)(l)(G) of Public law 109-8 (119 Stat. 197; 28 U.S.C. 152
note), and extended by section 2(a)(1)(G) of Public Law 112-121 (126
Stat. 346; 28 U.S.C. 152 note), is converted hereby to the permanent
office of bankruptcy judge and represented in the amendment made by
section 3(5) of this Act.
    (e) District of Nevada.--The temporary office of bankruptcy judge
authorized for the district of Nevada by section 1223(b)(1)(T) of
Public law 109-8 (119 Stat. 197; 28 U.S.C. 152 note), and extended by
section 2(a)(1)(Q) of Public Law 112-121 (126 Stat. 346; 28 U.S.C. 152
note), is converted hereby to the permanent office of bankruptcy judge
and represented in the amendment made by section 3(6) of this Act.
    (f) Eastern District of North Carolina.--The temporary office of
bankruptcy judge authorized for the eastern district of North Carolina
by section 1223(b)(1)(M) of Public law 109-8 (119 Stat. 197; 28 U.S.C.
152 note), and extended by section 2(a)(1)(J) of Public Law 112-121
(126 Stat. 346; 28 U.S.C. 152 note), is converted hereby to the
permanent office of bankruptcy judge and represented in the amendment
made by section 3(7) of this Act.
    (g) District of Puerto Rico.--
            (1) The temporary office of bankruptcy judge authorized for
        the district of Puerto Rico by section 1223(b)(1)(P) of Public
        law 109-8 (119 Stat. 197; 28 U.S.C. 152 note), and extended by
        section 2(a)(1)(M) of Public Law 112-121 (126 Stat. 346; 28
        U.S.C. 152 note), is converted hereby to the permanent office
        of bankruptcy judge and represented in the amendment made by
        section 3(8) of this Act.
            (2) The temporary office of bankruptcy judge authorized for
        the district of Puerto Rico by section 3(a)(7) of Public Law
        102-361 (106 Stat. 966; 28 U.S.C. 152 note), and extended by
        section 1223(c)(1) of Public Law 109-8 (119 Stat. 198; 28
        U.S.C. 152 note) and section 2(b)(1) of Public Law 112-121 (126
        Stat. 347; 28 U.S.C. 152 note), is converted hereby to the
        permanent office of bankruptcy judge and is represented in the
        amendment made by section 3(8) of this Act.
    (h) Western District of Tennessee.--The temporary office of
bankruptcy judge authorized for the western district of Tennessee by
section 1223(b)(1)(Q) of Public law 109-8 (119 Stat. 197; 28 U.S.C. 152
note), and extended by section 2(a)(1)(O) of Public Law 112-121 (126
Stat. 346; 28 U.S.C. 152 note), is converted hereby to the permanent
office of bankruptcy judge and is represented in the amendment made by
section 3(9) of this Act.
    (i) Eastern District of Virginia.--The temporary office of
bankruptcy judge authorized for the eastern district of Virginia by
section 1223(b)(1)(R) of Public law 109-8 (119 Stat. 197; 28 U.S.C. 152
note), and extended by section 2(a)(1)(P) of Public Law 112-121 (126
Stat. 346; 28 U.S.C. 152 note), is converted hereby to the permanent
office of bankruptcy judge and is represented in the amendment made by
section 3(10) of this Act.

SEC. 3. PERMANENT OFFICE OF BANKRUPTCY JUDGE AUTHORIZED.

    To reflect the conversion of the temporary office of bankruptcy
judge to the permanent office of bankruptcy judge made by the operation
of section 2, and to authorize the appointment of additional bankruptcy
judges, section 152(a)(2) of title 28 of the United States Code is
amended--
            (1) in the item relating to the district of Delaware by
        striking ``1'' and inserting ``8'',
            (2) in the item relating to the middle district of Florida
        by striking ``8'' and inserting ``10'',
            (3) in the item relating to the southern district of
        Florida by striking ``5'' and inserting ``7'',
            (4) in the item relating to the district of Maryland by
        striking ``4'' and inserting ``6'',
            (5) in the item relating to the eastern district of
        Michigan by striking ``4'' and inserting ``7'',
            (6) in the item relating to the district of Nevada by
        striking ``3'' and inserting ``4'',
            (7) in the item relating to the eastern district of North
        Carolina by striking ``2'' and inserting ``3'',
            (8) in the item relating to the district of Puerto Rico by
        striking ``2'' and inserting ``4'',
            (9) in the item relating to the western district of
        Tennessee by striking ``4'' and inserting ``5'', and
            (10) in the item relating to the eastern district of
        Virginia by striking ``5'' and inserting ``6''.

Output: Bankruptcy Judgeship Act of 2015 This bill amends the federal judicial code to:  convert certain temporary bankruptcy judges to permanent bankruptcy judges and authorize the appointment of additional bankruptcy judges in Delaware and Michigan;  convert temporary bankruptcy judges to permanent bankruptcy judges in specified judicial districts in Florida, Maryland, Nevada, North Carolina, Puerto Rico, Tennessee, and Virginia; and  authorize the appointment of additional bankruptcy judges in the middle district of Florida.


Input:
SECTION 1. SHORT TITLE; REFERENCE.

    (a) Short Title.--This Act may be cited as the ``Tax Return Due
Date Simplification and Modernization Act of 2011''.
    (b) Reference.--Except as otherwise expressly provided, whenever in
this Act an amendment or repeal is expressed in terms of an amendment
to, or repeal of, a section or other provision, the reference shall be
considered to be made to a section or other provision of the Internal
Revenue Code of 1986.

SEC. 2. NEW DUE DATE FOR PARTNERSHIP FORM 1065, S CORPORATION FORM
              1120S, AND C CORPORATION FORM 1120.

    (a) Partnerships.--
            (1) In general.--Section 6072 is amended by adding at the
        end the following new subsection:
    ``(f) Returns of Partnerships.--Returns of partnerships under
section 6031 made on the basis of the calendar year shall be filed on
or before the 15th day of March following the close of the calendar
year, and such returns made on the basis of a fiscal year shall be
filed on or before the 15th day of the third month following the close
of the fiscal year.''.
            (2) Conforming amendment.--Section 6072(a) is amended by
        striking ``6017, or 6031'' and inserting ``or 6017''.
    (b) S Corporations.--
            (1) In general.--So much of subsection (b) of 6072 as
        precedes the second sentence thereof is amended to read as
        follows:
    ``(b) Returns of Certain Corporations.--Returns of S corporations
under sections 6012 and 6037 made on the basis of the calendar year
shall be filed on or before the 31st day of March following the close
of the calendar year, and such returns made on the basis of a fiscal
year shall be filed on or before the last day of the third month
following the close of the fiscal year.''.
            (2) Conforming amendments.--
                    (A) Section 1362(b) is amended--
                            (i) by striking ``15th'' each place it
                        appears and inserting ``last'',
                            (ii) by striking ``2\1/2\'' each place it
                        appears and inserting ``3'', and
                            (iii) by striking ``2 months and 15 days''
                        in paragraph (4) and inserting ``3 months''.
                    (B) Section 1362(d)(1)(C)(i) is amended by striking
                ``15th'' and inserting ``last''.
                    (C) Section 1362(d)(1)(C)(ii) is amended by
                striking ``such 15th day'' and inserting ``the last day
                of the 3d month thereof''.
    (c) Conforming Amendments Relating to C Corporations.--
            (1) Section 170(a)(2)(B) is amended by striking ``third
        month'' and inserting ``4th month''.
            (2) Section 563 is amended by striking ``third month'' each
        place it appears and inserting ``4th month''.
            (3) Section 1354(d)(1)(B)(i) is amended by striking ``3d
        month'' and inserting ``4th month''.
            (4) Subsection (a) and (c) of section 6167 are each amended
        by striking ``third month'' and inserting ``4th month''.
            (5) Section 6425(a)(1) is amended by striking ``third
        month'' and inserting ``4th month''.
            (6) Subsections (b)(2)(A), (g)(3), and (h)(1) of section
        6655 are each amended by striking ``3rd month'' and inserting
        ``4th month''.
    (d) Effective Date.--The amendments made by this section shall
apply to returns for taxable years beginning after December 31, 2011.

SEC. 3. MODIFICATION OF DUE DATES BY REGULATION.

    In the case of returns for taxable years beginning after December
31, 2011, the Secretary of the Treasury or the Secretary's delegate
shall modify appropriate regulations to provide as follows:
            (1) The maximum extension for the returns of partnerships
        filing Form 1065 shall be a 6-month period ending on September
        15 for calendar year taxpayers.
            (2) The maximum extension for the returns of trusts filing
        Form 1041 shall be a 5\1/2\-month period ending on September 30
        for calendar year taxpayers.
            (3) The maximum extension for the returns of employee
        benefit plans filing Form 5500 shall be an automatic 3\1/2\-
        month period ending on November 15 for calendar year taxpayers.
            (4) The maximum extension for the returns of organizations
        exempt from income tax filing Form 990 shall be an automatic 6-
        month period ending on November 15 for calendar year filers.
            (5) The due date of Form 3520-A (relating to the Annual
        Information Return of Foreign Trust with a United States Owner)
        for calendar year filers shall be April 15 with a maximum
        extension for a 6-month period ending on October 15.
            (6) The due date of Form TD F 90-22.1 (relating to Report
        of Foreign Bank and Financial Accounts) for calendar year
        filers shall be April 15 with a maximum extension for a 6-month
        period ending on October 15.

SEC. 4. CORPORATIONS PERMITTED STATUTORY AUTOMATIC 6-MONTH EXTENSION OF
              INCOME TAX RETURNS.

    (a) In General.--Section 6081(b) is amended by striking ``3
months'' and inserting ``6 months''.
    (b) Effective Date.--The amendment made by this section shall apply
to returns for taxable years beginning after December 31, 2011.

Output:
Tax Return Due Date Simplification and Modernization Act of 2011 - Amends the Internal Revenue Code to change tax return due dates for partnerships (from April 15 to March 15, with extensions until September 15), S corporations (from March 15 to March 31, with extensions until September 30), and C corporations (from March 15 to April 15, with extensions until October 15).

Requires the Secretary of the Treasury, for taxable years beginning after December 31, 2011, to modify by regulation the due dates for extensions of tax returns for partnerships, estates, employee benefit plans, and tax-exempt organizations. Sets a due date of April 15 for the annual information return of a foreign trust with a U.S. owner and for the report of foreign bank and financial accounts (with extensions until October 15).

Extends the automatic extension for corporation income tax returns from three to six months.


Input:
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Department of Energy Nanoscale
Science and Engineering Act''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) The emerging fields of nanoscience and nanoengineering
        address the ability to create materials with fundamentally new
        compositions by prepositioning atoms within an overall
        molecular composition.
            (2) The ability of the United States to respond to the
        energy and economic challenges of the 21st century will be
        driven by science and technology. Nanoscience and
        nanoengineering will enable the United States to develop new
        technologies for energy exploration and production, for
        monitoring energy infrastructure, for increasing energy
        efficiency in end-use application, and for developing new
        technologies applicable to other Department of Energy statutory
        missions. These advances will also enhance the strength of U.S.
        science, technology, and medicine generally.
            (3) The fundamental intellectual challenges inherent in
        nanoscience and nanoengineering are considerable, and require
        public support for basic and applied research and development.
        Significant advances in areas such as the self-assembly of atom
        clusters will be required before nanoscience or nanoengineering
        will be useful to the energy or manufacturing industries.
            (4) The development of new scientific instruments will also
        be required to advance nanoscience and nanoengineering. Such
        instruments are likely to be large and costly. Specialized
        facilities are also likely to be required in order to advance
        the field and to realize its promise. Such facilities will be
        sufficiently expensive that they will have to be located and
        constructed on a centralized basis, similar to a number of
        unique facilities already managed by the Department of Energy.
            (5) Contributions from individual researchers as well as
        multidisciplinary research teams will be required to advance
        nanoscience and nanoengineering.
            (6) The Department of Energy's Office of Science is well
        suited to manage nanoscience and nanoengineering research and
        development for the Department. Through its support of research
        and development pursuant to the Department's statutory
        authorities, the Office of Science is the principal federal
        supporter of the research and development in the physical
and computational sciences. The Office is also a significant source of
federal support for research in genomics and the life sciences. The
Office supports research and development by individual investigators
and multidisciplinary teams, and manages special user facilities that
serve investigators in both university and industry.

SEC. 3. DEPARTMENT OF ENERGY PROGRAM.

    (a) Establishment.--The Secretary of Energy, through the Office of
Science of the Department of Energy, shall support a program of
research and development in nanoscience and nanoengineering consistent
with the Department's statutory authorities related to research and
development. The program shall include efforts to further the
understanding of the chemistry, physics, materials science and
engineering of phenomena on the scale of 1 to 100 nanometers.
    (b) Duties of the Office of Science.--In carrying out the program
under this Act, the Director of the Office of Science shall--
            (1) support both individual investigators and
        multidisciplinary teams of investigators;
            (2) pursuant to subsection (c), develop, plan, construct,
        acquire, or operate special equipment or facilities for the use
        of investigators conducting research and development in
        nanoscience and nanoengineering;
            (3) support technology transfer activities to benefit
        industry and other users of nanoscience and nanoengineering;
        and
            (4) coordinate research and development activities with
        industry and other federal agencies.
    (c) Nanoscience and Nanoengineering Research Centers and Major
Instrumentation.--
            (1) Authorization.--Within the funds authorized to be
        appropriated pursuant to this Act, the amounts specified under
        section 4(b) shall, subject to appropriations, be available for
        projects to develop, plan, construct, acquire, or operate
        special equipment, instrumentation, or facilities for
        investigators conducting research and development in
        nanoscience and nanoengineering.
            (2) Projects.--Projects under paragraph (1) may include the
        measurement of properties at the scale of 1 to 100 nanometers,
        manipulation at such scales, and the integration of
        technologies based on nanoscience or nanoengineering into bulk
        materials or other technologies.
            (3) Facilities.--Facilities under paragraph (1) may include
        electron microcharacterization facilities, microlithography
        facilities, scanning probe facilities and related
        instrumentation.
            (4) Collaboration.--The Secretary shall encourage
        collaborations among universities, laboratories and industry at
        facilities under this subsection. At least one Departmental
        facility under this subsection shall have a specific mission of
        technology transfer to other institutions and to industry.
    (d) Merit Review Required.--All grants, contracts, cooperative
agreements, or other financial assistance awards under this Act shall
be made only after independent merit review.

SEC. 4. AUTHORIZATION OF APPROPRIATIONS.

    (a) Total Authorization.--The following sums are authorized to be
appropriated to the Secretary of Energy, to remain available until
expended, for the purposes of carrying out this Act:
            (1) $160,000,000 for fiscal year 2002.
            (2) $270,000,000 for fiscal year 2003.
            (3) $290,000,000 for fiscal year 2004.
            (4) $310,000,000 for fiscal year 2005.
            (5) $330,000,000 for fiscal year 2006.
    (b) Nanoscience and Nanoengineering Research Centers and Major
Instrumentation.--Of the funds under subsection (a), the following sums
are authorized to be appropriated to carry out section 3(c):
            (1) $55,000,000 for fiscal year 2002.
            (2) $135,000,000 for fiscal year 2003.
            (3) $150,000,000 for fiscal year 2004.
            (4) $120,000,000 for fiscal year 2005.
            (5) $100,000,000 for fiscal year 2006.

Output: Requires the Director of the Office of Science to: (1) support individual investigators and multidisciplinary teams of investigators conducting R&D in nanoscience and nanoengineering; (2) develop, plan, construct, acquire, or operate special equipment or facilities for the use of such investigators; (3) support technology transfer activities to benefit industry and other users of nanoscience and nanoengineering; and (4) coordinate such R&D activities with industry and other Federal agencies.


Input:
SECTION 1. INSPECTOR GENERAL STUDY.
    (a) Study.--The Inspector General of the Federal Deposit Insurance
Corporation (FDIC) shall conduct a comprehensive study on the impact of
the failure of insured depository institutions.
    (b) Definitions.--For purposes of this Act--
        (1) the term ``insured depository institution'' has the meaning
    given such term in section 3(c) of the Federal Deposit Insurance
    Act (12 U.S.C. 1813(c)); and
        (2) the term ``private equity company'' has the meaning given
    the terms ``hedge fund'' and ``private equity fund'' in section
    13(h)(2) of the Bank Holding Company Act of 1956 (12 U.S.C.
    1851(h)(2)).
    (c) Matters To Be Studied.--In conducting the study under this
section, the Inspector General shall address the following:
        (1) Loss-sharing agreements.--The effect of loss-sharing
    agreements (LSAs), including--
            (A) the impact of loss-sharing on the insured depository
        institutions that survive and the borrowers of insured
        depository institutions that fail, including--
                (i) the impact on the rate of loan modifications and
            adjustments;
                (ii) whether more types of loans (such as commercial
            (including land development and 1- to 4-family residential
            and commercial construction loans), residential, or small
            business loans) could be modified with fewer LSAs, or if
            LSAs could be phased out altogether;
                (iii) the FDIC's policies and procedures for monitoring
            LSAs, including those designed to ensure institutions are
            not imprudently selling assets at a depressed value;
                (iv) the impact on the availability of credit; and
                (v) the impact on loans with participation agreements
            outstanding with other insured depository institutions;
            (B) the FDIC's policies and procedures for terminating LSAs
        and mitigating the risk of acquiring institutions having
        substantial assets remaining in their portfolio when the LSAs
        are due to expire;
            (C) the extent to which LSAs provide incentives for loan
        modifications and other means of increasing the probability of
        commercial assets being considered ``performing'';
            (D) the nature and extent of differences for modifying
        residential assets and working out commercial real estate under
        LSAs; and
            (E) methods of ensuring the orderly end of expiring LSAs to
        prevent any adverse impact on borrowing, real estate industry
        and the Depositors Insurance Fund.
        (2) Losses.--The significance of losses, including--
            (A) the number of insured depository institutions that have
        been placed into receivership or conservatorship due to
        significant losses arising from loans for which all payments of
        principal, interest, and fees were current, according to the
        contractual terms of the loans;
            (B) the impact of significant losses arising from loans for
        which all payments of principal, interest, and fees were
        current, according to the contractual terms of the loans, on
        the ability of insured depository institutions to raise
        additional capital;
            (C) the effect of changes in the application of fair value
        accounting rules and other accounting standards, including the
        allowance for loan and lease loss methodology, on insured
        depository institutions, specifically the degree to which fair
        value accounting rules and other accounting standards have led
        to regulatory action against banks, including consent orders
        and closure of the institution; and
            (D) whether field examiners are using appropriate appraisal
        procedures with respect to losses arising from loans for which
        all payments of principal, interest, and fees were current,
        according to the contractual terms of the loans, and whether
        the application of appraisals leads to immediate write downs on
        the value of the underlying asset.
        (3) Appraisals.--
            (A) The number of insured depository institutions placed
        into receivership or conservatorship due to asset write-downs
        and the policies and procedures for evaluating the adequacy of
        an insured depository institution's allowance for loan and
        lease losses.
            (B) The policies and procedures examiners use for
        evaluating the appraised values of property securing real
        estate loans and the extent to which those policies and
        procedures are followed.
            (C) FDIC field examiner implementation of guidance issued
        December 2, 2010, titled ``Agencies Issue Final Appraisal and
        Evaluation Guidelines''.
        (4) Capital.--
            (A) The factors that examiners use to assess the adequacy
        of capital at insured depository institutions, including the
        extent to which the quality and risk profile of the insured
        institution's loan portfolio is considered in the examiners'
        assessment.
            (B) The number of applications received by the FDIC from
        private capital investors to acquire insured depository
        institutions in receivership, the factors used by the FDIC in
        evaluating the applications, and the number of applications
        that have been approved or not approved, including the reasons
        pertaining thereto.
            (C) The policies and procedures associated with the
        evaluation of potential private investments in insured
        depository institutions and the extent to which those policies
        and procedures are followed.
        (5) Workouts.--The success of FDIC field examiners in
    implementing FDIC guidelines titled ``Policy Statement on Prudent
    Commercial Real Estate Loan Workouts'' (October 31, 2009) regarding
    workouts of commercial real estate, including--
            (A) whether field examiners are using the correct
        appraisals; and
            (B) whether there is any difference in implementation
        between residential workouts and commercial (including land
        development and 1- to 4-family residential and commercial
        construction loans) workouts.
        (6) Orders.--The application and impact of consent orders and
    cease and desist orders, including--
            (A) whether such orders have been applied uniformly and
        fairly across all insured depository institutions;
            (B) the reasons for failing to apply such orders uniformly
        and fairly when such failure occurs;
            (C) the impact of such orders on the ability of insured
        depository institutions to raise capital;
            (D) the impact of such orders on the ability of insured
        depository institutions to extend or modify credit to existing
        and new borrowers; and
            (E) whether individual insured depository institutions have
        improved enough to have such orders removed.
        (7) FDIC policy.--The application and impact of FDIC policies,
    including--
            (A) the impact of FDIC policies on the investment in
        insured depository institutions, especially in States where
        more than 10 such institutions have failed since 2008;
            (B) whether the FDIC fairly and consistently applies
        capital standards when an insured depository institution is
        successful in raising private capital; and
            (C) whether the FDIC steers potential investors away from
        insured depository institutions that may be in danger of being
        placed in receivership or conservatorship.
        (8) Private equity companies.--The FDIC's handling of potential
    investment from private equity companies in insured depository
    institutions, including--
            (A) the number of insured depository institutions that have
        been approved to receive private equity investment by the FDIC;
            (B) the number of insured depository institutions that have
        been rejected from receiving private equity investment by the
        FDIC; and
            (C) the reasons for rejection of private equity investment
        when such rejection occurs.
    (d) Report.--Not later than 1 year after the date of the enactment
of this Act, the Inspector General shall submit to Congress a report--
        (1) on the results of the study conducted pursuant to this
    section; and
        (2) any recommendations based on such study.
    (e) Coordination Between FDIC IG, Treasury IG, and Federal Reserve
IG.--In carrying out this section, the Inspector General of the FDIC
shall consult with the Inspectors General of the Treasury and of the
Federal Reserve System, and such Inspectors General shall provide any
documents or other material requested by the Inspector General of the
FDIC in order to carry out this section.
SEC. 2. CONGRESSIONAL TESTIMONY.
    The Inspector General of the Federal Deposit Insurance Corporation
and the Comptroller General of the United States shall appear before
the Committee on Banking, Housing, and Urban Affairs of the Senate and
the Committee on Financial Services of the House of Representatives,
not later than 150 days after the date of publication of the study
required under this Act to discuss the outcomes and impact of Federal
regulations on bank examinations and failures.
SEC. 3. GAO STUDY.
    (a) Study.--The Comptroller General of the United States shall
carry out a study on the following:
        (1) The causes of high levels of bank failures in States with
    10 or more failures since 2008.
        (2) The procyclical impact of fair value accounting standards.
        (3) The causes and potential solutions for the ``vicious
    cycle'' of loan write downs, raising capital, and failures.
        (4) An analysis of the community impact of bank failures.
        (5) The feasibility and overall impact of loss share
    agreements.
    (b) Report.--Not later than the end of the 1-year period beginning
on the date of the enactment of this Act, the Comptroller General shall
issue a report to the Congress on the study carried out pursuant to
subsection (a).

                               Speaker of the House of Representatives.

                            Vice President of the United States and
                                               President of the Senate.

Output:
(Sec. 1) Directs the Inspector General (IG) of the Federal Deposit Insurance Corporation (FDIC) to study the impact of the failure of insured depository institutions.

Prescribes study details, including: (1) the impact of loss-sharing agreements (LSAs) upon the insured depository institutions that survive and the borrowers of those insured depository institutions that fail; (2) FDIC policies and procedures for monitoring LSAs, including those designed to ensure that institutions are not imprudently selling assets at a depressed value; (3) FDIC policies and procedures for terminating LSAs and mitigating the risk of acquiring institutions having substantial assets remaining in their portfolio when the LSAs are due to expire; (4) methods of ensuring the orderly end of expiring LSAs to prevent adverse impacts upon either borrowing, the real estate industry, or the Depositors Insurance Fund; (5) the significance of losses; and (6) the number of insured depository institutions placed into either receivership or conservatorship due to significant losses arising from loans for which all payments of principal, interest, and fees (payments) were current, under the contract.

Requires the study to examine: (1) the impact of significant losses arising from loans for which all payments were current on the ability of insured depository institutions to raise additional capital; (2) the degree to which fair value accounting rules and other accounting standards have led to regulatory action against banks; and (3) whether field examiners use appropriate appraisal procedures with respect to losses arising from loans for which all payments were current and whether the application of appraisals leads to immediate write downs on the value of the underlying asset.

Requires the study also to cover: (1) the policies and procedures for evaluating the adequacy of an insured depository institution's allowance for loan and lease losses, (2) examiners' policies and procedures for evaluating appraised values of property securing real estate loans, (3) examiners' implementation of specified FDIC guidelines, (4) factors examiners use to assess the adequacy of capital at insured depository institutions, (5) the factors used by the FDIC in evaluating applications of private capital investors to acquire insured depository institutions in receivership, and (6) the extent to which policies and procedures associated with the evaluation of potential private investments in insured depository institutions are followed.

Requires such study also to address: (1) the success of FDIC field examiners in implementing specified FDIC guidelines governing workouts of commercial real estate loans, (2) the application and impact of consent orders and cease and desist orders, (3) the application and impact of FDIC policies, and (4) the FDIC's handling of potential investment from private equity companies in insured depository institutions.

Requires the Inspectors General of the U.S. Treasury and of the Federal Reserve System to provide any material requested by the IG order to implement this Act.

(Sec. 2) Directs the FDIC IG and the Comptroller General (GAO) to appear before certain congressional committees within 150 days after publication of the study required by this Act to discuss the outcomes and impact of federal regulations on bank examinations and failures.

(Sec. 3) Directs the GAO to study: (1) the causes of bank failures in states with 10 or more failures since 2008; (2) the procyclical impact of fair value accounting standards; (3) the causes and potential solutions for the "vicious cycle" of loan write downs, raising capital, and failures; (4) the impact of bank failures upon the community; and (5) the feasibility and overall impact of LSAs.