H.R. 3868 · 115th Congress
Treasury Innovation Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill directs the Department of the Treasury to establish a bug bounty pilot program to minimize vulnerabilities to Treasury information systems.
What it does: CRS summary · Introduced in House · Sep 28, 2017
Treasury Innovation Act
This bill directs the Department of the Treasury to establish a bug bounty pilot program to minimize vulnerabilities to Treasury information systems.
"Bug bounty pilot program" is a program under which an approved computer security specialist or security researcher is temporarily authorized to identify and report vulnerabilities within Treasury information systems in exchange for cash payment.
Under such program, Treasury shall:
- provide monetary compensation for reports of previously unidentified security vulnerabilities within the websites, applications, and other Treasury information systems that are accessible to the public;
- develop an expeditious process by which computer security researchers can register for the program, submit to a background check, and receive a determination as to approval for program participation;
- designate mission-critical operations within Treasury that should be excluded;
- consult with the Department of Justice on how to ensure that program participants are protected from prosecution for activities authorized under the program;
- award competitive contracts to manage the program and for executing the remediation of identified vulnerabilities; and
- engage interested persons, including commercial sector representatives, about the structure of the program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Treasury Innovation Act
Latest action (Sep 28, 2017): Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.
Policy area: Government Operations and Politics · Origin: House · Introduced: Sep 28, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.