123STA T . 1 604PUBLIC LA W 111 – 1 5— AP R .24 , 200 9‘ ‘ (i i )Inex e rc i s in gth ee mploy ment au thorities un d er su b section (b) o f section 316 1 of title 5,U nited S tates C ode, as pro v ided under clause (i) of this subparagraph — ‘‘(I) the Special Inspector G eneral may not ma k e any appointment on and after the date occurring 6 months after the date of enactment of the Special Inspector General for the T roubled A sset R elief P rogram Act of 20 0 9; ‘‘(II) paragraph (2) of that subsection (relating to periods of appointments) shall not apply; and ‘‘(III) no period of appointment may exceed the date on w hich the O ffice of the Special Inspector General terminates under subsection (k) .’ ’; and (2) by adding at the end the following
‘‘(5)(A) E xcept as provided under subparagraph ( B ), if an annu - itant receiving an annuity from the Civil Service Retirement and D isability F und becomes employed in a position within the Office of the Special Inspector General for the Troubled Asset Relief Program, his annuity shall continue. An annuitant so reemployed shall not be considered an employee for purposes of chapter 8 3 or8 4 . ‘‘(B) Subparagraph (A) shall apply to— ‘‘(i) not more than 25 employees at any time as designated by the Special Inspector General; and ‘‘(ii) pay periods beginning after the date of enactment of the Special Inspector General for the Troubled Asset Relief Program Act of 2009.’’. SEC.4 . R ES PON SE T O AUDI TS AND COOPERATION AND COORDINATION W IT H OTHER ENTITIES. Section 121 of the Emergency Economic Stabili z ation Act of 2008 (division A of Public L aw 110 – 343) is amended— (1) by redesignating subsections (f), (g), and (h) as sub- sections (i), ( j ), and (k), respectively; and (2) by inserting after subsection (e) the following: ‘‘(f) C OR R ECTIV ERE SP O N SESTOA UD IT PRO BL E M S.—The Sec- retary shall— ‘‘(1) take action to address deficiencies identified by a report or investigation of the Special Inspector General or other auditor engaged by the TARP; or ‘‘(2) certify to appropriate committees of Congress that no action is necessary or appropriate. ‘‘(g) COOPER A TION AND COORDINATION W IT H OTHER ENTITIES.— In carrying out the duties, responsibilities, and authorities of the Special Inspector General under this section, the Special Inspector General shall work with each of the following entities, with a view toward avoiding duplication of effort and ensuring comprehen- sive oversight of the Troubled Asset Relief Program through effec- tive cooperation and coordination: ‘‘(1) The Inspector General of the Department of Treasury. ‘‘(2) The Inspector General of the Federal Deposit Insurance Corporation. ‘‘(3) The Inspector General of the Securities and Exchange Commission. ‘‘(4) The Inspector General of the Federal Reserve Board. ‘‘(5) The Inspector General of the Federal H ousing Finance Board. Certif i ca ti on.12US C 5 2 3 1. Ap p l ica b ilit y . D ea d line.
