; (ii) simplify the application and approval processes relating to the agreements; (iii) reduce the burdens associated with reporting and monitoring under the agreements; and (iv) provide for the protection of sensitive personal and business-related information of any party to the agreements. . 4. Candidate conservation agreements with assurances (a) In general Section 4(f) of the Endangered Species Act of 1973 ( 16 U.S.C. 1533(f) ) (as amended by section 4) is amended by adding at the end the following: (4) Candidate conservation agreements with assurances Notwithstanding any other provision of law, in entering into or carrying out any candidate conservation agreement under this Act, the Secretary— (A) shall honor the terms of the agreement, as in existence before March 21, 2017; (B) shall enact regulations— (i) to expedite the process for entering into a conservation agreement; and (ii) to protect sensitive personal and business-related information of each party to the agreement; (C) may not take into consideration whether the implementation of the agreement, in the Secretary’s judgement, will provide a net conservation benefit to a species covered by the agreement; (D) shall take into consideration whether the implementation of the agreement, in the Secretary’s judgement, will preclude or remove any need to list a species covered by the agreement as a threatened species or an endangered species under this section; and (E) may not preclude a party to the agreement from receiving Federal funds under any other conservation program. . (b) Effect on regulations Notwithstanding any other provision of law— (1) the amendments to part 17 of title 50, Code of Federal Regulations, made by the final rule promulgated by the Secretary of the Interior entitled Endangered and Threatened Wildlife and Plants; Revisions to the Regulations for Candidate Conservation Agreements With Assurances (81 Fed. Reg. 95053 (December 27, 2016)) shall have no force or effect