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PUBLIC LAW 111–203—JULY 21, 2010 124 STAT. 2055

(l) IMPLEMENTATION.—In implementing the provisions of this
section, the Bureau shall coordinate with the Office of Personnel
Management and other entities having expertise in matters related
to employment to ensure a fair and orderly transition for affected
employees.

SEC. 1065. INCIDENTAL TRANSFERS. 12 USC 5585.
(a) INCIDENTAL TRANSFERS AUTHORIZED.—The Director of the
Office of Management and Budget, in consultation with the Sec-
retary, shall make such additional incidental transfers and disposi-
tions of assets and liabilities held, used, arising from, available,
or to be made available, in connection with the functions transferred
by this title, as the Director may determine necessary to accomplish
the purposes of this title.
(b) SUNSET.—The authority provided in this section shall termi-
nate 5 years after the date of enactment of this Act.

SEC. 1066. INTERIM AUTHORITY OF THE SECRETARY. 12 USC 5586.
(a) IN GENERAL.—The Secretary is authorized to perform the
functions of the Bureau under this subtitle until the Director of
the Bureau is confirmed by the Senate in accordance with section
1011.
(b) INTERIM ADMINISTRATIVE SERVICES BY THE DEPARTMENT
OF THE TREASURY.—The Department of the Treasury may provide
administrative services necessary to support the Bureau before
the designated transfer date.

SEC. 1067. TRANSITION OVERSIGHT. 12 USC 5587.
(a) PURPOSE.—The purpose of this section is to ensure that
the Bureau—
(1) has an orderly and organized startup;
(2) attracts and retains a qualified workforce; and
(3) establishes comprehensive employee training and bene-
fits programs.
(b) REPORTING REQUIREMENT.—
(1) IN GENERAL.—The Bureau shall submit an annual
report to the Committee on Banking, Housing, and Urban
Affairs of the Senate and the Committee on Financial Services
of the House of Representatives that includes the plans
described in paragraph (2).
(2) PLANS.—The plans described in this paragraph are as
follows:
(A) TRAINING AND WORKFORCE DEVELOPMENT PLAN.—
The Bureau shall submit a training and workforce develop-
ment plan that includes, to the extent practicable—
(i) identification of skill and technical expertise
needs and actions taken to meet those requirements;
(ii) steps taken to foster innovation and creativity;
(iii) leadership development and succession plan-
ning; and
(iv) effective use of technology by employees.
(B) WORKPLACE FLEXIBILITIES PLAN.—The Bureau shall
submit a workforce flexibility plan that includes, to the
extent practicable—
(i) telework;

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