; and (2) a target date for making a formal nomination. . (b) Clerical amendment The table of sections for chapter 33 of title 5, United States Code, is amended by inserting after the item relating to 3349d the following new item: 3349e. Presidential explanation of failure to nominate an Inspector General. . (c) Effective date The amendment made by subsection (a) shall take effect on the date of the enactment of this Act and shall apply to any vacancy first occurring on or after that date. 70104. Inspector General independence (a) Short title This section may be cited as the Inspector General Independence Act . (b) Amendment The Inspector General Act of 1978 (5 U.S.C. App.) is amended— (1) in section 3(b)— (A) by striking An Inspector General and inserting (1) An Inspector General ; (B) by inserting after by the President the following: in accordance with paragraph (2) ; and (C) by inserting at the end the following new paragraph: (2) The President may remove an Inspector General only for any of the following grounds: (A) Permanent incapacity. (B) Inefficiency. (C) Neglect of duty. (D) Malfeasance. (E) Conviction of a felony or conduct involving moral turpitude. (F) Knowing violation of a law, rule, or regulation. (G) Gross mismanagement. (H) Gross waste of funds. (I) Abuse of authority. ; and (2) in section 8G(e)(2), by adding at the end the following new sentence: "An Inspector General may be removed only for any of the following grounds: (A) Permanent incapacity. (B) Inefficiency. (C) Neglect of duty. (D) Malfeasance. (E) Conviction of a felony or conduct involving moral turpitude. (F) Knowing violation of a law, rule, or regulation. (G) Gross mismanagement. (H) Gross waste of funds. (I) Abuse of authority. . 70105. USPS Inspector General oversight responsibilities The Inspector General of the United States Postal Service shall— (1) conduct oversight, audits, and investigations of projects and activities carried out with funds provided in division A of this Act to the United States Postal Service