Sec. 205. FUNDING OF POSTAL REGULATORY COMMISSION

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## SEC. 205 FUNDING OF POSTAL REGULATORY COMMISSION ###

(a)In General Subsection

(d)of section 504 of title 39, United States Code, is amended to read as follows: > > ### “(d) > > > ####

(1)> > Not later than September 1 of each fiscal year (beginning with fiscal year 2022), the Postal Regulatory Commission shall submit to the Postal Service a budget of the Commission’s expenses, including expenses for facilities, supplies, compensation, and employee benefits, for the following fiscal year. Any such budget shall be deemed approved as submitted if the Governors fail to adjust the budget in accordance with paragraph (2). > > > #### “(2) > > > #####

(A)> > Not later than 30 days after receiving a budget under paragraph (1), the Governors holding office, by unanimous written decision, may adjust the total amount of funding requested in such budget. Nothing in this subparagraph may be construed to authorize the Governors to adjust any activity proposed to be funded by the budget. > > > ##### “(B) > > If the Governors adjust the budget under subparagraph (A), the Postal Regulatory Commission shall adjust the suballocations within such budget to reflect the total adjustment made by the Governors. The budget shall be deemed approved on the date the Commission makes any such adjustments. The Commission may make further adjustments to the suballocations within such budget as necessary. > > > #### “(3) > > Expenses incurred under any budget approved under this subsection shall be paid out of the Postal Service Fund established under section 2003.” > . ###

(b)Conforming Amendments Title 39, United States Code, is amended— ####

(1)in section 2003(e), by striking “(B) all expenses of the Postal Regulatory Commission, subject to the availability of amounts appropriated under section 504(d);” and inserting “(B) all expenses of the Postal Regulatory Commission, pursuant to section 504(d);”; and ####

(2)in section 2009— #####

(A)by striking “, (2)” and inserting “, and (2)”; and #####

(B)by striking “, and

(3)the Postal Regulatory Commission requests to be appropriated, out of the Postal Service Fund, under section 504(d) of this title”.