H.Amdt.708 - An amendment numbered 49 printed in Part A of House Report 115-711 to Requires the Secretary to conduct an assessment of dams classified as Class III under the Dam Safety Action Classification of the Corps of Engineers. This amendment requires the Secretary to provide a report to Congress describing anticipated impacts on the local communities if the Secretary no longer assumes responsibility of the Class III dam, or what the effects would be if the Secretary continues to assume responsibility of the dams over a period of 15 years after the date of enactment of this Act.