1. Short title This Act may be cited as the Bonuses for Cost-Cutters Act of 2017 . 2. Cost savings enhancements (a) Definitions Section 4511 of title 5, United States Code, is amended— (1) in the section heading, by striking Definition and inserting Definitions ; and (2) in subsection (a)— (A) by striking the period at the end and inserting ; and ; (B) by striking this subchapter, the term and inserting the following: “this subchapter— (1) the term ; and (C) by adding at the end the following: (2) the term unnecessary expenses means amounts made available for salaries and expenses accounts, operations and maintenance accounts, or other equivalent accounts— (A) that are identified by an employee of the agency under section 4512(a) as unnecessary; (B) that the Chief Financial Officer of the agency determines are not required for the purpose for which the amounts were made available; and (C) the rescission of which would not be detrimental to the full execution of the purposes for which the amounts were made available. . (b) Authority Section 4512 of title 5, United States Code, is amended— (1) in subsection (a)— (A) by inserting The head of an agency may pay a cash award to any employee of such agency whose identification of unnecessary expenses to the Chief Financial Officer of the agency has resulted in cost savings for the agency. after the first sentence; (B) in paragraph (1) by striking $10,000 and inserting $20,000 ; (C) in paragraph (2)— (i) by inserting Chief Financial Officer, after Inspector General, ; (ii) by striking employee designated under subsection (b) and inserting designated employee ; and (iii) by inserting or identification after disclosure ; and (D) in the matter following paragraph (2)— (i) by inserting , Chief Financial Officer, after Inspector General ; and (ii) by inserting or identification after disclosure ; (2) in subsection (b) by striking awards permitted under this section and inserting awards for the disclosure of fraud, waste, or mismanagement under this section