I thought you might be interested in the attached from Sidley partner Rick Boucher who served in Congress for 28 years. HOLLY J. GREGORY Partner and Co-Chair Global Corporate Governance & Executive Compensation Practice Sidley Austin LLP 787 Seventh Avenue New York, NY 10019 +1 212 839 5853 holly.gregory@sidley.com www.sidley.com Holly and colleagues, I have pasted below the text from the agreement of the conferees resolving differences between the House and the Senate over the fiscal year 2016 budget. The NTIA is prevented by this language from relinquishing IANA contract oversight during fiscal year 2016, which ends next September 30. It's noteworthy that the language does not restrict NTIA from taking steps to put the transition in place including all activities related to NTIA review of the transition plan. The language merely prevents NTIA from terminating its oversight and completing the transition prior to next September 30. As I understand the current schedule, the transition would not be completed until that point in time in any event. It's also noteworthy that (b) has been added saying that the restriction shall not apply in fiscal year 2017. That's a nice statement of intention by the drafters of this provision that by the commencement of fiscal year 2017 in October of next year the transition will be complete. I don't believe that the adoption of this language in any way reflects a stepping back by Congress from the bipartisan consensus which has now been formed in both the House and the Senate to support the IANA transition as long as the NTIA’s originally announced 4 principles for ICANN accountability are in place and are enforceable as part of the transition plan. Please let me know if you have questions. Rick SEC. 539. (a) None of the funds made available by 21 this Act may be used to relinquish the responsibility of 22 the National Telecommunications and Information Ad ministration, during fiscal year 2016, with respect to 24 Internet domain name system functions, including respon- 1 sibility with respect to the authoritative root zone file and 2 the Internet Assigned Numbers Authority functions. 3 (b) Nothwithstanding any other law, subsection (a) 4 of this section shall not apply in fiscal year 2017. RICK BOUCHER Partner Sidley Austin LLP 1501 K Street, N.W. Washington, DC 20005 +1 202 736 8290 rboucher@sidley.com www.sidley.com SIDLEY AUSTIN LLP **************************************************************************************************** This e-mail is sent by a law firm and may contain information that is privileged or confidential. If you are not the intended recipient, please delete the e-mail and any attachments and notify us immediately. ****************************************************************************************************