(a) Authorization

For fiscal year 1998 and each succeeding fiscal year, the Chief Administrative Officer of the House of Representatives is authorized to make advance payments under a contract or other agreement to provide a service or deliver an article for the United States Government without regard to the provisions of section 3324 of title 31.

(b) Regulations

An advance payment authorized by subsection (a) of this section shall be made in accordance with regulations issued by the Committee on House Oversight of the House of Representatives.

(c) Effective date

The authority granted by subsection (a) of this section shall not take effect until regulations are issued pursuant to subsection (b) of this section