Pub.L. 108-019 To implement effective measures to stop trade in conflict diamonds, and for other purposes. <> ...

	Web GovRecords.org

                    (B) the work of the President's Commission on the 
                United States Postal Service under section 5 of 
                Executive Order 13278 (67 Fed. Reg. 76672).
            (3) GAO review and report.--Not later than 60 days after the 
        Postal Service submits its proposal pursuant to paragraph (1), 
        the General Accounting Office shall prepare and

[[Page 117 STAT. 629]]

        submit a written evaluation of such proposal to the Committee on 
        Government Reform of the House of Representatives and the 
        Committee on Governmental Affairs of the Senate.
            (4) Legislative action.--Not later than 180 days after it 
        has received both the proposal of the Postal Service and the 
        evaluation of such proposal by the General Accounting Office 
        under this subsection, Congress shall revisit the question of 
        how the savings accruing to the Postal Service as a result of 
        the enactment of this Act should be used.

    (f) Determination and Disposition of Surplus.--
            (1) In general.--If, as of the date under paragraph (2), the 
        Office of Personnel Management determines (after consultation 
        with the Postmaster General) that the computation under section 
        8348(h)(1)(A) of title 5, United States Code, yields a negative 
        amount (hereinafter referred to as a ``surplus'')--
                    (A) the Office shall inform the Postmaster General 
                of its determination, including the size of the surplus 
                so determined; and
                    (B) <<NOTE: Reports.>> the Postmaster General shall 
                submit to the Congress a report describing how the 
                Postal Service proposes that such surplus be used, 
                including a draft of any legislation that might be 
                necessary.
            (2) Determination date.--The date to be used for purposes of 
        paragraph (1) shall be September 30, 2025, or such earlier date 
        as, in the judgment of the Office, is the date by which all 
        postal employees under the Civil Service Retirement System will 
        have retired.

    (g) Definitions.--For purposes of this section--
            (1) the savings accruing to the Postal Service as a result 
        of the enactment of this Act shall, for any fiscal year, be 
        equal to the amount (if any) by which--
                    (A) the contributions that the Postal Service would 
                otherwise have been required to make to the Civil 
                Service Retirement and Disability Fund for such fiscal 
                year if this Act had not been enacted, exceed
                    (B) the contributions made by the Postal Service to 
                such Fund for such fiscal year; and
            (2) the term ``postal debt'' means the outstanding 
        obligations of the Postal Service, as determined under chapter 
        20 of title 39, United States Code.

[[Page 117 STAT. 630]]

SEC. 4. <<NOTE: Applicability. 5 USC 8334 note.>> EFFECTIVE DATE.

    This Act and the amendments made by this Act shall become effective 
on the date of the enactment of this Act, except that the amendments 
made by section 2(b) shall apply with respect to pay periods beginning 
on or after such date.

    Approved April 23, 2003.

LEGISLATIVE HISTORY--S. 380 (H.R. 735):
---------------------------------------------------------------------------

HOUSE REPORTS: No. 108-49 accompanying H.R. 735 (Comm. on Government 
Reform).
CONGRESSIONAL RECORD, Vol. 149 (2003):
            Apr. 2, considered and passed Senate.
            Apr. 8, considered and passed House.
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 39 (2003):
            Apr. 23, Presidential statement.

                                  <all>

Other Popular 108th Congressional Public Laws Documents:

Other Documents:

108th Congressional Public Laws Records and Documents