This bill requires the President to seek congressional approval before undertaking major renovation or improvement projects at the White House Executive Residence. Any proposed activity or improvement costing more than $1 million from all funding sources must be submitted to the Senate Homeland Security and Governmental Affairs Committee and the House Oversight Committee for review. The President can only proceed with these projects after both committee chairmen publish statements in the Congressional Record confirming they have received all necessary information and completed their review. The legislation also mandates that the President submit progress reports on all authorized activities twice yearly, by June 1 and December 1, detailing work completed and expected future progress. The bill affects presidential operations at the White House and gives Congress greater oversight authority over expensive White House residence projects.