H.R. 9358

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9358 Introduced in House (IH)]

<DOC>

119th CONGRESS
2d Session
H. R. 9358

To improve the lives of the American people, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

June 18, 2026

Mr. Magaziner introduced the following bill; which was referred to the 
Committee on Ways and Means, and in addition to the Committees on 
Oversight and Government Reform, House Administration, Education and 
Workforce, Agriculture, Foreign Affairs, Homeland Security, Armed 
Services, Veterans' Affairs, Science, Space, and Technology, Natural 
Resources, Financial Services, Appropriations, the Budget, Energy and 
Commerce, Intelligence (Permanent Select), Rules, Ethics, the 
Judiciary, Small Business, and Transportation and Infrastructure, 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 improve the lives of the American people, and for other purposes.

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 ``Improving the 
Lives of the American People Act''.

SEC. 2. RESTRICTIONS ON TRADE AND OWNERSHIP OF COVERED INVESTMENTS.

(a) Short Title.--This section may be cited as the ``Restore Trust 
in Government Act''.
(b) Table of Contents.--The table of contents for chapter 131 of 
title 5, United States Code, is amended by adding at the end the 
following:

subchapter iv. restrictions on trade and ownership of covered 
investments

13151. Definitions.
13152. Trade and ownership of covered investments.
13153. Penalties.
(c) Restrictions.--Chapter 131 of title 5, United States Code, is 
amended by adding at the end a new subchapter:

``SUBCHAPTER IV--RESTRICTIONS ON TRADE AND OWNERSHIP OF COVERED 
INVESTMENTS

``Sec. 13151. Definitions
``In this subchapter:
``(1) Commodity.--The term `commodity'--
``(A) has the meaning given the term in section 1a 
of the Commodity Exchange Act (7 U.S.C. 1a); and
``(B) does not include a precious metal (as defined 
in section 1027.100 of title 31, Code of Federal 
Regulations).
``(2) Covered individual.--The term `covered individual' 
means any of the following:
``(A) A Member of Congress, as defined in section 
13101.
``(B) A dependent child (as defined in section 
13101) or a spouse of a Member of Congress.
``(C) A trustee of a trust in which an individual 
described in subparagraph (A) or (B) has a beneficial 
interest in the principal or income of the trust as 
described in section 1403(b)(5) of the Internal Revenue 
Code of 1986.
``(D) The President, or the spouse or a dependent 
child (as defined in section 13101) of the President.
``(E) The Vice President, or the spouse or a 
dependent child (as defined in section 13101) of the 
Vice President.
``(3) Covered investment.--The term `covered investment'--
``(A) means an investment in a security, a 
commodity, a future, or any comparable economic 
interest acquired through synthetic means, such as the 
use of a derivative, including an option, warrant, or 
other similar means; and
``(B) does not include--
``(i) a widely held investment fund 
described in section 13104(f)(8) that is 
diversified and publicly traded on a national 
or regional stock exchange;
``(ii) a United States Treasury bill, note, 
or bond;
``(iii) a State or municipal government 
bill, note, or bond;
``(iv) any compensation received by a 
spouse or a dependent child described in 
paragraph (2) from an employer of the spouse or 
dependent child;
``(v) an interest in a small business 
concern and, in the case of an investment in a 
family farm or ranch that qualifies as an 
interest in a small business concern, a future 
or commodity directly related to the farming 
activities and products of the farm or ranch;
``(vi) an interest in a limited liability 
company created for the sole purpose of 
purchasing or holding real estate that serves 
as the personal residences of the Member of 
Congress;
``(vii) any share of Settlement Common 
Stock issued under section 7(g)(1)(A) of the 
Alaska Native Claims Settlement Act (43 U.S.C. 
1606(g)(1)(A)); or
``(viii) any share of Settlement Common 
Stock, as defined in section 3 of the Alaska 
Native Claims Settlement Act (43 U.S.C. 1602).
``(4) Diversified.--The term `diversified', with respect to 
an investment fund, means such fund does not have a stated 
policy of concentrating its investments in any industry, 
business, single country other than the United States, or bonds 
of a single State within the United States except for the State 
in which the Member of Congress resides.
``(5) Future.--The term `future' means a financial contract 
obligating the buyer to purchase an asset or the seller to sell 
an asset, such as a physical commodity or a financial 
investment, at a predetermined future date and price.
``(6) Security.--The term `security' has the meaning given 
the term in section 3(a) of the Securities Exchange Act of 1934 
(15 U.S.C. 78c(a)).
``(7) Small business concern.--The term `small business 
concern' has the meaning given that term under section 3 of the 
Small Business Act (15 U.S.C. 632).
``(8) Supervising ethics office.--The term `supervising 
ethics office' has the meaning given the term in section 13101.
``Sec. 13152. Trade and ownership of covered investments
``(a) Conduct During Federal Service.--Except as described in 
subsection (b)(1)(B) and subsections (e) through (g), no covered 
individual may, directly or indirectly, own or trade a covered 
investment.
``(b) Compliance.--
``(1) Requirement.--To comply with subsection (a)--
``(A) a covered individual may not purchase a 
covered investment; and
``(B) a covered individual shall divest of any 
covered investment by the effective date established in 
paragraph (2) at fair market value.
``(2) Effective date.--The effective date is established as 
follows:
``(A) 180 days for an individual who is a covered 
individual on the date of enactment of the Restore 
Trust in Government Act.
``(B) 90 days within the date on which an 
individual becomes a covered individual if such date 
occurs after the date of enactment of the Restore Trust 
in Government Act.
``(c) Certificates of Divestiture.--
``(1) Application of certificate of divestiture program.--
For purposes of section 1043 of the Internal Revenue Code of 
1986--
``(A) this section shall be treated as a Federal 
conflict of interest statute;
``(B) any covered individual described in section 
13151(2)(A) shall be treated as an eligible person 
described in section 1043(b)(1)(A) of such Code; and
``(C) any spouse or dependent child described in 
section 13151(2)(B) shall be treated as an eligible 
person described in section 1043(b)(1)(B) of such Code.
``(2) Issuance of certificate of divestiture.--
``(A) In general.--Each supervising ethics office 
shall issue a certificate of divestiture to each 
covered individual required to divest under this 
subchapter upon submission of proof of compliance by 
such individual with the requirements to divest or any 
extensions granted by the supervising ethics office.
``(B) Eligibility.--Such certificate shall include 
an identification of each specific property eligible 
for the application of the certificate of divestiture 
program as determined by the supervising ethics office.
``(d) Income Tax.--A loss from a transaction or holding involving a 
covered financial instrument that is conducted in violation of this 
section may not be deducted from the amount of income tax owed by the 
covered individual.
``(e) Occupational Exception.--A spouse or dependent child of a 
covered individual as described in section 13151(2)(B) may trade any 
covered investment if such covered investment is not owned by a covered 
individual and if such trade is performed as a function of the primary 
occupation of the spouse or dependent child.
``(f) Trusts.--
``(1) Qualified blind trust.--Any covered investment held 
in a qualified blind trust as defined in section 13104(f)(3) 
shall be divested in accordance with subsection (b)(1)(B) by 
the effective date established in subsection (b)(2).
``(2) Family trust.--A supervising ethics office may grant 
an exemption for covered investments held in a family trust 
only if--
``(A) no covered individual--
``(i) is a grantor of the family trust;
``(ii) contributed any covered investment 
to the family trust; or
``(iii) has any authority over a trustee of 
the family trust, including the authority to 
appoint, replace, or direct the actions of such 
a trustee; and
``(B) the grantor of the family trust is or was a 
family member of the covered individual.
``(3) Requests.--A covered individual seeking an exemption 
under paragraph (2) shall submit to the applicable supervising 
ethics office a request for the exemption, in writing, 
certifying that the conditions described in that paragraph are 
met.
``(g) Assets Acquired in Special Circumstances.--In the event that 
a covered individual acquires a covered investment after the date of 
enactment of the Restore Trust in Government Act other than by purchase 
(such as by marriage, inheritance, divorce settlement, or other 
circumstance), the covered individual shall have 90 days from the date 
on which such investment was acquired to divest such covered investment 
at fair market value.
``(h) Extension.--A supervising ethics office may grant a covered 
individual an extension of time to comply with a divestment deadline 
under this subchapter if a covered investment cannot be divested by 
such deadline due to low liquidity, vesting schedules, or contractual 
restrictions.
``(i) Interpretative Guidance.--The supervising ethics office shall 
issue interpretive guidance on any relevant term not defined in this 
subchapter.
``Sec. 13153. Penalties
``(a) In General.--
``(1) Penalties.--Any covered individual who violates the 
restrictions on trading or ownership of covered investments in 
section 13152 shall, at the direction of the supervising ethics 
office--
``(A) pay a fee equal to ten percent of the value 
of the covered investment; and
``(B) disgorge the profits of any transaction that 
violates the provisions of this subchapter.
``(2) Payment of penalty to treasury.--A penalty imposed 
under paragraph (1)(B) shall be payable into the Treasury of 
the United States.
``(b) Payment Restrictions.--A Member of Congress may not pay any 
of the penalties under this section by using amounts from the following 
sources:
``(1) The Members' Representational Allowance.
``(2) The Senators' Official Personnel and Office Expense 
Account.
``(3) Any contribution (as defined in section 301(8) of the 
Federal Election Campaign Act of 1971 (52 U.S.C. 30101(8))) 
accepted as a candidate, and any other donation received as 
support for activities of the individual as a holder of Federal 
office.
``(c) Publication.--Each supervising ethics office shall publish on 
a publicly available website a description of--
``(1) each fine assessed by the supervising ethics office 
pursuant to this section;
``(2) the reason why each such fine was assessed; and
``(3) the result of each assessment.''.

SEC. 3. PROHIBITING MEMBERS OF THE HOUSE OF REPRESENTATIVES FROM OWNING 
INDIVIDUAL STOCKS.

Rule XXIII of the Rules of the House of Representatives (known as 
the ``Code of Official Conduct'') is amended by redesignating clause 22 
as clause 23 and inserting after clause 21 the following:
``(22) Prohibiting members of the house of 
representatives from owning individual 
stocks.--A Member, Delegate, or Resident 
Commissioner may not own the common stock of 
any individual public corporation. The Restore 
Trust in Congress Act shall apply as if enacted 
into law.''.

SEC. 4. PROTECTED TIME OFF.

(a) Definitions.--In this section:
(1) Commerce.--The terms ``commerce'' and ``industry or 
activity affecting commerce'' mean any activity, business, or 
industry in commerce or in which a labor dispute would hinder 
or obstruct commerce or the free flow of commerce, and include 
``commerce'' and any ``industry affecting commerce'', as 
defined in paragraphs (1) and (3) of section 501 of the Labor 
Management Relations Act, 1947 (29 U.S.C. 142(1) and (3)).
(2) Covered employee.--The term ``covered employee'' means 
an individual who is--
(A)(i) an employee who is not covered under any 
other provision of this paragraph, except that a 
reference in such section to an employer shall be 
considered a reference to an employer described in 
paragraph (3)(A)(i)(I);
(ii) an employee of the Government 
Accountability Office; or
(iii) an employee of a covered employer 
described in paragraph (3)(B)(i)(IV);
(B) a State employee described in section 304(a) of 
the Government Employee Rights Act of 1991 (42 U.S.C. 
2000e-16c(a)), other than an applicant for employment;
(C) a covered employee (as defined in section 
411(c) of title 3, United States Code);
(D) a covered employee (as defined in section 101 
of the Congressional Accountability Act of 1995 (2 
U.S.C. 1301)), other than an applicant for employment; 
or
(E) a Federal officer or employee covered under 
subchapter V of chapter 63 of title 5, United States 
Code (without regard to the limitation in section 
6381(1)(B) of that title).
(3) Employer.--
(A) In general.--The term ``employer'' means any 
person who is--
(i)(I) a covered employer who is not 
described in any other subclause of this 
clause;
(II) an entity employing a State employee 
described in section 304(a) of the Government 
Employee Rights Act of 1991;
(III) an employing office, as defined in 
section 101 of the Congressional Accountability 
Act of 1995;
(IV) an employing office, as defined in 
section 411(c) of title 3, United States Code; 
or
(V) an employing agency covered under 
subchapter V of chapter 63 of title 5, United 
States Code; and
(ii) engaged in commerce (including 
government), or any industry or activity 
affecting commerce (including government).
(B) Covered employer.--
(i) In general.--In subparagraph (A)(i)(I), 
the term ``covered employer''--
(I) means any person engaged in 
commerce or in any industry or activity 
affecting commerce who employs 1 or 
more employees for each working day 
during each of 20 or more calendar 
workweeks in the current or preceding 
year;
(II) includes the Government 
Accountability Office and the Library 
of Congress;
(III) includes--
(aa) any person who acts, 
directly or indirectly, in the 
interest of an employer covered 
by this clause to any of the 
employees of such employer; and
(bb) any successor in 
interest of such an employer; 
and
(IV) includes any carrier (as such 
term is defined in section 1 of the 
Railway Labor Act (45 U.S.C. 151)) and 
any carrier by air (as described in 
section 201 of such Act (45 U.S.C. 
181)).
(ii) Public agency.--For purposes of clause 
(i), a public agency, as defined in section 
3(x) of the Fair Labor Standards Act of 1938 
(29 U.S.C. 203(x)), shall be considered to be a 
person engaged in commerce or in an industry or 
activity affecting commerce.
(C) Predecessors.--Any reference in this paragraph 
to an employer shall include a reference to any 
predecessor of such employer.
(4) FLSA definitions.--The terms ``employ'', ``employee'', 
``person'', and ``State'' have the meanings given the terms in 
section 3 of the Fair Labor Standards Act of 1938 (29 U.S.C. 
203).
(5) Paid annual leave.--The term ``paid annual leave''--
(A) means paid vacation leave and paid personal 
leave provided to an employee by the employer of such 
employee to be used during period in which the employee 
would otherwise work; and
(B) does not include--
(i) paid or unpaid family and medical leave 
provided by the employer or required by 
Federal, State, or local law;
(ii) leave provided under the Family and 
Medical Leave Act of 1993 (29 U.S.C. 2601, et 
seq.);
(iii) sick leave provided by the employer 
or required by Federal, State, or local law;
(iv) bereavement leave provided by the 
employer or required by Federal, State or local 
law;
(v) leave provided by the employer or 
required by Federal State, or local law for 
purposes related to adoption or fostering of a 
child;
(vi) leave related to domestic violence, 
sexual assault, or stalking provided by the 
employer or required by Federal, State, or 
local law;
(vii) leave provided by the employer or 
required by Federal, State, or local law with 
respect to a public health emergency;
(viii) absence or paid leave under workers' 
compensation or a disability plan;
(ix) leave provided by the employer or 
leave required to be provided by Federal, 
State, or local law for holidays established by 
Federal, State, or local law; or
(x) leave provided by the employer or 
required by Federal, State, or local law for 
jury duty, civic duty, or to vote.
(6) Rail carrier.--The term ``rail carrier'' has the 
meaning given such term in section 10102 of title 49, United 
States Code.
(7) Secretary.--Unless otherwise specified, the term 
``Secretary'' means the Secretary of Labor.
(b) Earned Annual Leave.--
(1) Earning of paid annual leave.--
(A) Earning of annual leave.--An employer shall 
provide each employee employed by the employer not less 
than 1 hour of paid annual leave for every 25 hours 
worked.
(B) Limitation.--
(i) In general.--For purposes of complying 
with subparagraph (A), an employer may not be 
required to provide more than 80 hours of paid 
annual leave to an employee during any 12-month 
period.
(ii) Rule of construction.--Nothing in this 
subsection may be construed to preclude an 
employer from providing more than 80 hours of 
paid annual leave.
(C) Commencement of earning paid annual leave.--An 
employee shall begin to earn paid annual leave at the 
commencement of employment of such employee.
(D) Overtime exempt employee.--For purposes of this 
subsection, where an employer is not required by the 
Fair Labor Standards Act of 1938 to maintain and 
preserve records of hours worked because an employee is 
exempt from minimum wage or overtime requirements under 
such Act (29 U.S.C. 213(a)), the employee shall be 
deemed to work 40 hours in each workweek.
(2) Use of paid annual leave.--
(A) In general.--Paid annual leave may be used by 
an employee for any reason.
(B) Timing.--Subject to subparagraphs (B) and (C) 
of paragraph (3), an employee may use paid annual leave 
earned by the employee as it is accrued.
(C) Rate of compensation.--
(i) In general.--An employee using paid 
annual leave shall be compensated, for the 
period that the employee is using such leave, 
at the regular rate at which the employee would 
have been paid for such period if the employee 
were not using paid annual leave.
(ii) Tipped employee.--For the purposes of 
clause (i), with respect to a tipped employee 
(as defined in section 3(t) of the Fair Labor 
Standards Act of 1938 (29 U.S.C. 203(t))), such 
an employee shall be compensated, for the 
period that such employee is using paid annual 
leave, at a rate equivalent to the higher of--
(I) the Federal minimum wage;
(II) the applicable State minimum 
wage;
(III) the applicable local or 
municipal minimum wage;
(IV) any other wage required by 
law; or
(V) the regular rate at which the 
employee is employed.
(D) Loaning of annual leave.--
(i) Loaned leave.--An employer may loan 
paid annual leave to an employee for use by 
such employee in advance of the employee 
earning such annual leave.
(ii) Reimbursement for loaned leave.--An 
employer may require an employee of such 
employer to reimburse the employer for any 
annual leave loaned under clause (i) that such 
employee has not earned at the time of 
separation. Such reimbursement shall be at the 
rate described in subparagraph (C).
(E) Increments of use of paid annual leave.--An 
employer shall allow employees to use paid annual leave 
in increments of the smaller of--
(i) hourly increments; or
(ii) the smallest increment of time that 
the employer's payroll system uses to account 
for absences or use of other time.
(F) Benefits retained during leave.--An employer 
shall maintain any employment benefits (as defined in 
section 101(5) of the Family and Medical Leave Act of 
1993) provided to an employee during any period in 
which the employee takes paid annual leave, and such 
benefits shall be provided in the same manner as if the 
employee had continued in employment continuously for 
the duration of such leave.
(3) Procedures for use of paid annual leave.--
(A) In general.--Subject to subparagraphs (B) and 
(C), an employee may use paid annual leave upon the 
verbal or written request of the employee.
(B) Employee notification.--
(i) Employee notification.--An employee 
shall provide notice to the employer to use 
paid annual leave.
(ii) Notice described.--The Secretary shall 
create sample notices for the purpose described 
in clause (i).
(iii) Timing of notice.--An employer may 
not require an employee to provide notice in 
excess of 2 weeks in advance of the use of such 
leave.
(iv) Unforeseeable use of leave.--In the 
case of an unforeseeable use of leave, an 
employee shall not be required to provide the 
notice required under clause (i).
(C) Reasonable restrictions.--
(i) In general.--An employer may place 
limited, reasonable restrictions for the 
scheduling of paid annual leave for a bona fide 
business reason and may reject a scheduling 
request for such leave for a bona fide business 
reason, so long as the employer--
(I) provides other reasonable 
alternative times, as described in 
clause (ii), for the employee to 
schedule such leave; and
(II) and complies with the notice 
requirement described in clause (iii).
(ii) Reasonable alternatives.--A reasonable 
alternative time described in this subparagraph 
is a date other than the date the employee 
requested to use paid annual leave that is 
within 30 days of such date.
(iii) Denial notice.--In the case that an 
employer denies a request of an employee to use 
paid annual leave, the employer shall, not 
later than 5 business days after the day the 
employee made such request, provide to the 
employee a written notice--
(I) detailing the bona fide 
business reason for such denial; and
(II) that provides the reasonable 
alternative time described in clause 
(ii).
(iv) Can not prevent use of expiring 
leave.--Such reasonable alternative time may 
not be offered to prevent the use of paid 
annual leave that is set to expire.
(D) Purpose of use of paid annual leave.--An 
employer may not require an employee to disclose the 
purpose or reason for which the employee is using paid 
annual leave.
(E) Carryover.--An employer shall permit an 
employee of such employer to carry over up to 40 hours 
of any accrued and unused paid annual leave to the 
following 12-month period.
(F) Prohibition on finding cover.--An employer may 
not require, as a condition of taking paid annual 
leave, that an employee search for or find a 
replacement employee to cover the hours during which 
the employee is using such annual leave.
(G) Guidance.--Not later than 180 after the date of 
enactment of this Act, the Secretary shall provide 
guidance to employers on compliance with subparagraph 
(C), including defining the terms limited reasonable 
restriction, a bona fide business reason, and a 
reasonable alternative time.
(4) Procedures regarding leave for employee separation.--
(A) Compensation.--In the case that an employee 
separates from an employer and such employee has unused 
paid annual leave, the employer shall provide financial 
compensation at a rate that is the higher of--
(i) the average regular rate received by 
such employee during the last 3 years of the 
employee's employment; or
(ii) the final regular rate received by the 
employee.
(B) Reinstatement.--If an employee separates from 
employment with an employer and is rehired within 12 
months after that separation by the same employer--
(i) in the case that the employee had paid 
annual leave in excess of 80 hours that was not 
compensated under subparagraph (A), the 
employer shall reinstate such leave for the 
employee; and
(ii) the employee shall be entitled to use 
such leave and earn additional paid annual 
leave at the recommencement of employment with 
the employer.
(c) Employer Notice and System Requirements.--
(1) Notice requirement.--An employer shall notify each 
employee about the paid annual leave policy of such employer, 
which shall include the information described in paragraph (2), 
by--
(A) providing such information, in writing, to each 
employee on or before the first day of employment of 
such employee;
(B) including such information in any employee 
handbook; and
(C) posting a notice containing such information in 
a physical conspicuous place on the premises of the 
employer or a virtual conspicuous place, where notices 
to employees are customarily posted.
(2) Contents.--The information provided pursuant to 
paragraph (1) shall include--
(A) any paid annual leave policy of such employer, 
including any paid annual leave policy that provides 
paid annual leave in excess of the requirements of this 
section;
(B) information pertaining to the filing of an 
action under subsection (e);
(C) details of any notice requirement the employer 
may require, as described in subsection (b)(3)(B); and
(D) information regarding--
(i) the protections that an employee has in 
exercising rights under this section; and
(ii) how the employee can contact the 
Secretary (or other appropriate authority as 
described in subsection (e)) if any such rights 
are violated.
(3) System requirement.--An employer shall establish a 
system, such as through an online portal, written request, or 
through pay stubs, to inform each employee of the employer how 
much paid annual leave each employee has earned.
(d) Prohibited Acts.--
(1) Interference with rights.--It shall be unlawful for any 
employer to--
(A) violate any provision of subsection (b) or (c);
(B) discharge or discriminate against (including to 
retaliate against) any individual, including a job 
applicant, for exercising, or attempting to exercise, 
any right provided under this section;
(C) use the taking of paid annual leave provided 
under this section as a negative factor in an 
employment action, such as hiring, promotion, reducing 
hours or numbers of shifts, or a disciplinary action; 
or
(D) count the use of such leave under a no-fault 
attendance policy or any other absence-control policy.
(2) Interference with proceedings or inquiries.--It shall 
be unlawful for any person to discharge or in any other manner 
discriminate against (including retaliating against) any 
individual, including a job applicant, because such 
individual--
(A) has filed an action under subsection (e), or 
has instituted or caused to be instituted any 
proceeding, under this section;
(B) has given, or intends to give, any information 
in connection with any inquiry or proceeding relating 
to any right provided under this section; or
(C) has testified, or intends to testify, in any 
inquiry or proceeding relating to any right provided 
under this section.
(3) Impermissible consideration.--A violation of paragraph 
(1) or (2) shall be established when a complaining party 
demonstrates that any action described in subparagraphs (A), 
(B), or (C) of paragraphs (1) or (2) was a motivating factor in 
any such action taken against the complaining party, even 
though other factors also motivated the action.
(e) Enforcement and Investigative Authority.--
(1) In general.--
(A) Definition.--In this subsection--
(i) the term ``employee'' means a covered 
employee described in clause (i), (ii), or 
(iii) of paragraph (2)(B); and
(ii) the term ``employer'' means an 
employer described in item (aa) or (bb) of 
paragraph (1)(C)(ii)(I).
(B) Investigative authority.--
(i) In general.--To ensure compliance with 
this section, or any regulation or order issued 
under this section, the Secretary shall have, 
subject to clause (iii), the investigative 
authority provided under section 11(a) of the 
Fair Labor Standards Act of 1938 (29 U.S.C. 
211(a)), with respect to employers, employees, 
and other individuals affected by an employer.
(ii) Obligation to keep and preserve 
records.--An employer shall make, keep, and 
preserve records pertaining to compliance with 
this section in accordance with section 11(c) 
of the Fair Labor Standards Act of 1938 (29 
U.S.C. 211(c)) and in accordance with 
regulations prescribed by the Secretary.
(iii) Required submissions generally 
limited to an annual basis.--The Secretary may 
not require an employer to submit to the 
Secretary any books or records more than once 
during any 12-month period, unless the 
Secretary has reasonable cause to believe there 
may exist a violation of this act or any 
regulation or order issued pursuant to this 
section, or is investigating a charge pursuant 
to subparagraph (D).
(iv) Subpoena authority.--For the purposes 
of any investigation provided for in this 
paragraph, the Secretary shall have the 
subpoena authority provided for under section 9 
of the Fair Labor Standards Act of 1938 (29 
U.S.C. 209).
(C) Private right of action.--
(i) In general.--An action to recover 
damages or equitable relief prescribed in 
subparagraph (B) may be maintained against any 
employer in any Federal or State court of 
competent jurisdiction by an employee or 
individual or a representative for and on 
behalf of--
(I) the employee or individual; or
(II) the employee or individual and 
others similarly situated.
(ii) Liability.--Any employer who violates 
subsection (d) shall be liable to any employee 
or individual affected--
(I) for damages equal to--
(aa) the amount of--

(AA) any wages, 
salary, employment 
benefits, or other 
compensation denied or 
lost by reason of the 
violation; or

(BB) in a case in 
which wages, salary, 
employment benefits, or 
other compensation have 
not been denied or 
lost, any actual 
monetary losses 
sustained as a direct 
result of the violation 
up to a sum equal to 80 
hours of wages or 
salary for the employee 
or individual;

(bb) the interest on the 
amount described in item (aa) 
calculated at the prevailing 
rate; and
(cc) an additional amount 
as liquidated damages; and
(II) for such equitable relief as 
may be appropriate, including 
employment, reinstatement, and 
promotion.
(iii) Fees and costs.--The court in an 
action under this subsection shall, in addition 
to any judgment awarded to the plaintiff, allow 
a reasonable attorney's fee, reasonable expert 
witness fees, and other costs to be paid by the 
defendant.
(iv) Limitations.--
(I) In general.--Except as provided 
in clause (ii), an action may be 
brought under subparagraph (B) or (C) 
not more than 2 years after the date of 
the last event constituting the alleged 
violation for which the action is 
brought.
(II) Willful violation.--In the 
case of an action brought for a willful 
violation of subsection (d) (including 
a willful violation relating to rights 
provided under subsection (b)), such 
action may be brought not more than 3 
years after the last event constituting 
the alleged violation for which such 
action is brought.
(III) Commencement.--In determining 
when an action is commenced under 
subparagraph (B) or (C) for the 
purposes of this subsection, the action 
shall be considered to be commenced on 
the date when the complaint is filed.
(D) Actions by the secretary.--
(i) Administrative actions.--The Secretary 
shall receive, investigate, and attempt to 
resolve complaints of violations of subsection 
(e) in the same manner that the Secretary 
receives, investigates, and attempts to resolve 
complaints of violations of sections 6 and 7 of 
the Fair Labor Standards Act of 1938 (29 U.S.C. 
206 and 207).
(ii) Civil action.--The Secretary may bring 
an action in any court of competent 
jurisdiction to recover the damages described 
in paragraph (1)(C)(ii).
(iii) Sums recovered.--Any sums recovered 
by the Secretary pursuant to clause (ii) shall 
be held in a special deposit account and shall 
be paid, on order of the Secretary, directly to 
each employee or individual affected. Any sums 
not paid to an employee or individual affected 
because of the inability to do so within a 
period of 3 years shall be deposited into the 
Treasury of the United States as miscellaneous 
receipts.
(iv) Action for injunction by secretary.--
The district courts of the United States shall 
have jurisdiction, for cause shown, in an 
action brought by the Secretary--
(I) to restrain violations of 
subsection (d) (including a violation 
relating to rights provided under 
subsection (b)), including the 
restraint of any withholding of wages, 
salary, employment benefits, or other 
compensation, plus interest, found by 
the court to be due to employees or 
individuals eligible under this 
section; or
(II) to award such other equitable 
relief as may be appropriate, including 
employment, reinstatements, and 
promotion.
(v) Solicitor of labor.--The Solicitor of 
Labor may appear for and represent the 
Secretary on any litigation brought under this 
subsection.
(2) Government accountability office and library of 
congress.--Notwithstanding any other provision of this section, 
in the case of the Government Accountability Office and the 
Library of Congress, the authority of the Secretary under this 
subsection shall be exercised respectively by the Comptroller 
General of the United States and the Librarian of Congress.
(3) Employees covered by congressional accountability act 
of 1995.--The powers, remedies, and procedures provided in the 
Congressional Accountability Act of 1995 (2 U.S.C. 1301 et 
seq.) to the Board (as defined in section 101 of that Act (2 
U.S.C. 1301)), or any person, alleging a violation of section 
202(a)(1) of that Act (2 U.S.C. 1312(a)(1)) shall be the 
powers, remedies, and procedures this section provides to that 
Board, or any person, alleging an unlawful employment practice 
in violation of this section against an employee described in 
subsection (a)(2)(D).
(4) Employees covered by chapter 63 of title 5, united 
states code.--The powers, remedies, and procedures provided in 
title 5, United States Code, to an employing agency, provided 
in chapter 12 of that title to the Merit Systems Protection 
Board, or provided in that title to any person, alleging a 
violation of chapter 63 of that title, shall be the powers, 
remedies, and procedures this section provides to that agency, 
that Board, or any person, respectively, alleging an unlawful 
employment practice in violation of this section against an 
employee described in subsection (a)(2)(E).
(5) Remedies for state employees.--
(A) Waiver of sovereign immunity.--A State's 
receipt or use of Federal financial assistance for any 
program or activity of a State shall constitute a 
waiver of sovereign immunity, under the 11th Amendment 
of the Constitution or otherwise, to a suit brought by 
an employee of that program or activity under this 
section for equitable, legal, or other relief 
authorized under this section.
(B) Official capacity.--An official of a State may 
be sued in the official capacity of the official by any 
employee who has complied with the procedures of 
paragraph (1)(C), for injunctive relief that is 
authorized under this section. In such a suit, the 
court may award to the prevailing party those costs 
authorized by section 722 of the Revised Statutes (42 
U.S.C. 1988).
(C) Applicability.--With respect to a particular 
program or activity, subparagraph (A) applies to 
conduct occurring on or after the day, after the date 
of enactment of this Act, on which a State first 
receives or uses Federal financial assistance for that 
program or activity.
(D) Program or activity defined.--In this 
paragraph, the term ``program or activity'' has the 
meaning given the term in section 606 of the Civil 
Rights Act of 1964 (42 U.S.C. 2000d-4a).
(6) Collective bargaining agreement resolution.--In 
addition to the enforcement mechanisms set forth in this 
section, an employee or labor organization may also use a 
grievance and arbitration procedure of a collective bargaining 
agreement to enforce collectively bargained provisions relating 
to paid annual leave.
(f) Effect on Other Laws and Existing Agreements.--
(1) State or municipal laws.--
(A) Greater leave rights.--Nothing in this section 
shall be construed to supersede any provision of any 
State or local law that provides greater paid annual 
leave or other leave rights to employees or individuals 
than the rights established under this section.
(B) Distinguish between types of leave.--For the 
purposes of this paragraph, a State or municipal law 
that does not distinguish between time earned for paid 
annual leave and time earned for sick leave shall be 
deemed a law that provides lesser paid annual leave or 
other rights to employees or individuals than the 
rights established under this section.
(2) More protective agreements.--Nothing in this section 
shall be construed to diminish the obligation of an employer to 
comply with any contract, collective bargaining agreement, or 
any employment benefit program or plan that provides greater 
paid annual leave or other leave rights to employees or 
individuals than the rights established under this section.
(3) Less protective agreements.--The rights established for 
employees under this section shall not be diminished by any 
contract, collective bargaining agreement, or any employment 
program or plan.
(g) Awareness Campaign.--
(1) In general.--Not later than 1 year after the date of 
enactment of this Act, the Secretary shall carry out a public 
awareness campaign to inform the public about the paid annual 
leave established under this section, which shall include 
information about--
(A) the rights provided to an employee under this 
section; and
(B) resources available to an employee if the 
employee believes the rights provided under this Act 
have been violated.
(2) Authorization of appropriations.--There are authorized 
to be appropriated such sums as are necessary to carry out this 
section.
(h) Effective Dates.--
(1) Effective date.--This section shall take effect 180 
days after the date of enactment of this Act.
(2) Collective bargaining agreements.--In the case of a 
collective bargaining agreement in effect on the effective date 
prescribed under paragraph (1), the Act shall take effect on 
the earlier of--
(A) the date of the termination of such agreement;
(B) the date of any amendment, made on or after 
such effective date, to such agreement; or
(C) the date that occurs 18 months after such 
effective date.

SEC. 5. CLEAN ENERGY PRODUCTION CREDIT.

(a) Restoration of Phase Out.--Section 45Y(d)(3) of the Internal 
Revenue Code of 1986 is amended by striking ``calendar year 2032.'' and 
inserting ``means the later of--
``(A) the calendar year in which the Secretary 
determines that the annual greenhouse gas emissions 
from the production of electricity in the United States 
are equal to or less than 25 percent of the annual 
greenhouse gas emissions from the production of 
electricity in the United States for calendar year 
2022, or
``(B) 2032.''.
(b) Restoration of Credit for Wind and Solar Facilities.--Section 
45Y(d) of such code is amended--
(1) in paragraph (1), by striking ``Subject to paragraph 
(4), the amount'' and inserting ``The amount'', and
(2) by striking paragraph (4).
(c) Restoration of Credit for Wind and Solar Leasing 
Arrangements.--Section 45Y of such code is amended by striking 
subsection (h).
(d) Repeal of Provision for Existing Studies.--Section 45Y(b)(2)(C) 
of such code is amended by striking clause (iii).
(e) Effective Dates.--The amendments made by this section shall 
take effect as if included in section 70512 of Public Law 119-21.

SEC. 6. CLEAN ELECTRICITY INVESTMENT CREDIT.

(a) Repeal of Termination for Wind and Solar Facilities.--Section 
48(e) of the Internal Revenue Code of 1986 is amended--
(1) in paragraph (1), by striking ``Subject to paragraph 
(4), the amount'' and inserting ``The amount'', and
(2) by striking paragraph (4).
(b) Restoration of Credit for Expenditures for Wind and Solar 
Leasing Arrangements.--
(1) In general.--Section 48E of such code is amended by 
striking subsection (i) and by redesignating subsections (j) 
and (k) as subsections (i) and (j), respectively.
(2) Conforming rule repeal.--Section 50 of such code is 
amended by striking subsection (e).
(c) Restoration of Credit for Certain Energy Property.--Section 
48(a)(2)(A)(ii) of such code is amended by striking ``0 percent'' and 
inserting ``2 percent''.
(d) Effective Dates.--The amendments made by this section shall 
take effect as if included in section 70513 of Public Law 119-21.

SEC. 7. PROVIDING COVERAGE FOR CERTAIN FALL PREVENTION ITEMS UNDER THE 
MEDICARE PROGRAM.

(a) In General.--
(1) Coverage.--Section 1861 of the Social Security Act (42 
U.S.C. 1395x) is amended--
(A) in subsection (n)--
(i) by striking ``and wheelchairs'' and 
inserting ``wheelchairs''; and
(ii) by inserting ``, and fall prevention 
items (as defined in subsection (ooo))'' after 
``may prescribe)''; and
(B) by adding at the end the following new 
subsection:
``(ooo) Fall Prevention Items.--The term `fall prevention items' 
includes grab bars, non-slip mats, shower chairs, bed rails, and such 
other items or categories of items as the Secretary may specify.''.
(2) Exclusion modification.--Section 1862(a)(1) of the 
Social Security Act (42 U.S.C. 1395y(a)(1)) is amended--
(A) in subparagraph (O), by striking ``and'' at the 
end;
(B) in subparagraph (P), by striking the semicolon 
and inserting ``, and''; and
(C) by adding at the end the following new 
subparagraph:
``(Q) in the case of fall prevention items (as 
defined in section 1861(ooo)), which are not furnished 
pursuant to an order of a physician or practitioner (as 
described in section 1842(b)(18)(C));''.
(b) Exemption From Sequestration.--Notwithstanding any other 
provision of law, payments for fall prevention items (as defined in 
section 1861(ooo) of the Social Security Act, as added by subsection 
(a)) under the Medicare program shall not be subject to any reduction 
under a sequestration issued under the Balanced Budget and Emergency 
Deficit Control Act of 1985, the Statutory Pay-As-You-Go Act of 2010, 
or any other provision of law.
(c) Effective Date.--The amendments made by subsection (a) shall 
apply beginning 60 days after the date of the enactment of this Act.

SEC. 8. REPEAL.

Sections 10101 through 10108 of the Act entitled ``An Act to 
provide for reconciliation pursuant to title II of H. Con. Res. 14'' 
(Public Law 119-21; 139 Stat. 80) are repealed, and the provisions of 
law amended by such sections are restored or revived as if those 
provisions had not been amended by such sections.

SEC. 9. TO ENSURE GLOBAL PEACE AND SECURITY.

(a) Inspectors General and Annual Study.--Section 101 of the United 
States Leadership Against HIV/AIDS, Tuberculosis, and Malaria Act of 
2003 (22 U.S.C. 7611) is amended--
(1) in subsection (f)(1)--
(A) in subparagraph (A), by striking ``March 25 of 
fiscal year 2025'' and inserting ``2030''; and
(B) in subparagraph (C)(iv)--
(i) by striking ``eleven'' and inserting 
``sixteen''; and
(ii) by striking ``2025'' and inserting 
``2030''; and
(2) in subsection (g)--
(A) in paragraph (1), by striking ``March 25, 
2025'' and inserting ``September 30, 2030''; and
(B) in paragraph (2)--
(i) in the heading, by striking ``2025'' 
and inserting ``2030''; and
(ii) by striking ``March 25, 2025'' and 
inserting ``September 30, 2030''.
(b) Participation in the Global Fund To Fight AIDS, Tuberculosis, 
and Malaria.--Section 202(d) of the United States Leadership Against 
HIV/AIDS, Tuberculosis, and Malaria Act of 2003 (22 U.S.C. 7622(d)) is 
amended--
(1) in paragraph (4)--
(A) in subparagraph (A)--
(i) in clause (i), by striking ``March 25 
of fiscal year 2025'' and inserting ``2030''; 
and
(ii) in clause (ii), by striking ``March 25 
of fiscal year 2025'' and inserting ``2030''; 
and
(B) in subparagraph (B)(iii), by striking ``2024 
and March 25 of fiscal year 2025'' and inserting 
``2030''; and
(2) in paragraph (5), by striking ``2024 and for fiscal 
year 2025 through March 25 of such fiscal year'' and inserting 
``2030''.
(c) Allocation of Funds.--Section 403 of the United States 
Leadership Against HIV/AIDS, Tuberculosis, and Malaria Act of 2003 (22 
U.S.C. 7673) is amended--
(1) in subsection (b), by striking ``2024 and fiscal year 
2025 through March 25 of such fiscal year'' and inserting 
``2030''; and
(2) in subsection (c), in the matter preceding paragraph 
(1), by striking ``2024 and for fiscal year 2025 through March 
25 of such fiscal year'' and inserting ``2030''.

SEC. 10. TO SECURE THE HOMELAND AND PROTECT AMERICANS.

(a) In General.--Title VII of the Homeland Security Act of 2002 (6 
U.S.C. 341 et seq.) is amended by adding at the end the following new 
section:

``SEC. 714. INTELLIGENCE TRANSPARENCY AND OVERSIGHT PROGRAM OFFICE; 
OMBUDS.

``(a) Establishment.--
``(1) In general.--The Secretary shall establish within the 
Department an Intelligence Transparency and Oversight Program 
Office (in this section referred to as the `Office') to carry 
out the following:
``(A) Review and assess information concerning 
intelligence activities of the Department, including 
relating to the timeliness, objectivity, and 
independence from political considerations of such 
activities.
``(B) Facilitate departmental decisions regarding 
making information publicly available in a manner that 
enhances public understanding of such activities.
``(2) Ombuds.--The Office shall be headed by an Ombuds, who 
shall--
``(A) be a senior, career employee;
``(B) not hold any other position within the 
Department;
``(C) have a background in--
``(i) intelligence;
``(ii) civil rights enforcement; and
``(iii) addressing matters of intelligence 
timeliness, objectivity, and politicization;
``(D) report directly to the Under Secretary for 
Intelligence and Analysis; and
``(E) report directly to Congress with respect to 
any urgent concerns.
``(b) Duties of the Ombuds.--The Ombuds shall have the following 
duties:
``(1) Serve, in consultation with the Privacy Officer 
appointed under section 222 and the Officer for Civil Rights 
and Civil Liberties, as the Department's principal advisor 
regarding the following:
``(A) Safeguarding objectivity in intelligence 
activities of the Department.
``(B) Ensuring such activities are independent from 
political considerations.
``(2) Remain current and well-informed of issues affecting 
intelligence activities.
``(3) Promote awareness among intelligence components of 
the Department of the requirement that all intelligence 
activities of the Department shall be--
``(A) conducted in a manner consistent with the 
protection of privacy rights, civil rights, and civil 
liberties; and
``(B) objective and independent from political 
considerations.
``(4) Provide, without fear of retaliation, confidential 
forums to hear and help resolve individual and organizational 
concerns regarding intelligence activities of the Department, 
including relating to real or perceived occurrences of civil 
rights or civil liberties abuses, or politicization of 
analysis, biased reporting, or lack of objectivity in 
intelligence collection or analysis.
``(5) Initiate reviews and make recommendations to the 
heads of the intelligence components of the Department, as 
appropriate, related to the matters described in paragraph (4).
``(6) Facilitate departmental decisions regarding making 
information publicly available in a manner that enhances public 
understanding of the intelligence activities of the Department, 
while continuing to protect information when disclosure of such 
information would harm homeland security.
``(7) Ensure that the functions performed by the Ombuds are 
complementary to existing functions within the Department.
``(c) Coordination With Intelligence Components of the 
Department.--
``(1) In general.--The heads of the intelligence components 
of the Department shall each establish procedures to provide 
formal responses to recommendations submitted to such officials 
by the Ombuds pursuant to subsection (b)(5) within 60 days of 
receiving such recommendations.
``(2) Access to information.--The Secretary shall establish 
procedures to provide the Ombuds access to all departmental 
information necessary to execute the responsibilities of the 
Ombuds under this section. The Ombuds may submit to the 
Secretary a request for such information, and not later than 60 
days after receiving such a request, the Secretary shall 
provide the Ombuds with such information.
``(d) Annual Reports.--Not later than one year after the enactment 
of this Act and annually thereafter, the Ombuds shall submit to the 
Committee on Homeland Security and the Permanent Select Committee on 
Intelligence of the House of Representatives and the Committee on 
Homeland Security and Governmental Affairs and the Select Committee on 
Intelligence of the Senate a report on its activities, findings, and 
recommendations of the Ombuds over the immediately preceding 12-month 
period.
``(e) Definition.--In this section the term `intelligence activity' 
means the collection, gathering, processing, analysis, production, or 
dissemination of information, including homeland security information, 
terrorism information, and weapons of mass destruction information.''.
(b) Clerical Amendment.--The table of contents in section 1(b) of 
the Homeland Security Act of 2002 is amended by inserting after the 
item relating to section 713 the following new item:

``Sec. 714. Intelligence transparency and oversight program office; 
Ombuds.''.
(c) Assessment of the Major Threats to the National Security.--The 
Director of the Central Intelligence Agency, in consultation with the 
heads of such other elements of the intelligence community (as defined 
in section 3 of the National Security Act of 1947 (50 U.S.C. 3003)) as 
the Director considers appropriate, shall submit to the Permanent 
Select Committee on Intelligence of the House of Representatives and 
the Select Committee on Intelligence of the Senate an assessment of the 
major threats to the national security of the United States.

SEC. 11. FISCAL YEAR 2027 INCREASE IN BASIC MILITARY PAY.

(a) Waiver of Section 1009 Adjustment.--The adjustment in the rates 
of monthly basic pay authorized for members of the uniformed services, 
to become effective during fiscal year 2027 and required by section 
1009 of title 37, United States Code, shall not be made.
(b) Increase in Basic Pay.--Effective on October 1, 2026, the rates 
of monthly basic pay for members of the uniformed services are 
increased by four percent.

SEC. 12. INCREASE IN RATES OF WARTIME DISABILITY COMPENSATION.

Effective on October 1, 2026, the Secretary of Veterans Affairs 
shall increase, by three percent, the dollar amounts in effect on 
September 30, 2026, for the payment of wartime disability compensation 
under section 1114 of title 38, United States Code.

SEC. 13. TO PROTECT THE GOVERNMENT'S CRITICAL INFRASTRUCTURE AND TRAIN 
A CYBERSECURITY WORKFORCE.

Section 302 of the Cybersecurity Enhancement Act of 2014 (15 U.S.C. 
7442) is amended--
(1) in subsection (c), by striking ``3 years'' and 
inserting ``5 years''; and
(2) in subsection (j), in the matter preceding paragraph 
(1)--
(A) by striking ``A loan described subsection (i)'' 
and inserting ``The full amount of a loan described in 
subsection (i), regardless of any other limitations 
placed on such loans under part D of title IV of the 
Higher Education Act of 1965 (20 U.S.C. 1087a et seq.) 
or any implementing regulation, order, or policy,''; 
and
(B) in paragraph (1), by striking ``part D of title 
IV of the Higher Education Act of 1965 (20 U.S.C. 1087a 
et seq.)'' and inserting ``such part''.

SEC. 14. PROHIBITION OF OIL AND GAS LEASING IN CERTAIN AREAS OF OUTER 
CONTINENTAL SHELF.

Section 8 of the Outer Continental Shelf Lands Act (43 U.S.C. 1337) 
is amended by adding at the end the following:
``(q) Prohibition of Oil and Gas Leasing in Certain Areas of Outer 
Continental Shelf.--Notwithstanding any other provision of this section 
or any other law, the Secretary may not issue a lease for the 
exploration, development, or production of oil or natural gas in any 
area of the outer Continental Shelf off the coast of the State of 
Maine, New Hampshire, Massachusetts, Rhode Island, or Connecticut.''.

SEC. 15. PROHIBITION ON CREDITORS AND CONSUMER REPORTING AGENCIES 
CONCERNING MEDICAL INFORMATION.

The final rule issued by the Bureau of Consumer Financial 
Protection titled ``Prohibition on Creditors and Consumer Reporting 
Agencies Concerning Medical Information (Regulation V)'' (90 Fed. Reg. 
3276; published January 14, 2025) shall have the force and effect of 
law.

SEC. 16. INVEST IN SMALL BUSINESSES.

Not later than 180 days after the date of the enactment of this 
Act, the Administrator of the Small Business Administration may provide 
to small business concerns (as defined in section 3 of the Small 
Business Act (15 U.S.C. 632))--
(1) assistance on how to hire graduates from dual or 
concurrent enrollment programs; and
(2) information on dual or concurrent enrollment programs 
about how students and graduates of such programs can access 
resources and services of small business development centers 
(as defined in section 3 of the Small Business Act (15 U.S.C. 
632)) to start and expand a small business concern.

SEC. 17. APPROPRIATIONS TO PRESERVE COMPREHENSIVE EARLY EDUCATION FOR 
CHILDREN.

(a) Appropriation.--There is hereby appropriated, out of any money 
in the Treasury not otherwise appropriated, such amounts as may be 
necessary for the Administration for Children and Families to carry out 
activities under the Head Start Act at the levels specified for such 
account and under the authority and conditions provided in applicable 
appropriations Acts for the Department of Health and Human Services for 
fiscal year 2026, to remain available through September 30, 2028.
(b) Limitation.--None of the funds made available by this section 
shall be used to initiate or resume any project or activity for which 
appropriations, funds, or other authority were specifically prohibited 
during fiscal year 2026.

SEC. 18. REQUIREMENT IN PRESIDENT'S BUDGET SUBMISSION AND CONCURRENT 
BUDGET RESOLUTION WITH RESPECT TO COST OF LIVING.

(a) President's Budget Submission.--Section 1105(a) of title 31, 
United States Code, is amended by adding at the end the following:
``(39) an analysis of proposals for the fiscal year for 
which the budget is submitted to lower the cost of living with 
respect to healthcare, utilities, groceries, housing, 
transportation, and postsecondary educational opportunities 
during such fiscal year.''.
(b) Budget Resolution.--Section 301(a) of the Congressional Budget 
and Impoundment Control Act of 1974 (2 U.S.C. 632(a)) is amended--
(1) in paragraph (6), by striking ``and'' at the end;
(2) in paragraph (7), by striking the period at the end and 
inserting ``; and''; and
(3) by adding at the end the following:
``(8) the decrease in the cost of living for the public 
with respect to healthcare, utilities, groceries, housing, 
transportation, and postsecondary educational opportunities for 
the fiscal year of the resolution and for each of the 4 
succeeding fiscal years.''.
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