S. Rept. 116-163: Secure Traveler Act, Report to Accompany S. 1349, Including Cost Estimate of the Congressional Budget Office, December 2, 2019 [open pdf - 406KB]
From the Summary of Provisions: "S. 1349 would do the following:  Require the Administrator of the TSA, in consultation with the Director of the National Background Investigations Bureau, to create a process to verify an active security clearance for applicants in lieu of a background check.  Require the Administrator of the TSA, in consultation with the Attorney General, to establish a process to permit the expedited enrollment of certain public safety and law enforcement officers.  Continue to require applicants to pay all associated fees upon enrollment. U.S. citizens and lawful permanent residents may apply for TSA PreCheck at a cost of $85 for 5 years. Once approved, travelers would receive a trusted traveler number and would have the opportunity to utilize expedited lanes at select security checkpoints when flying.  Require the Administrator of the TSA and Commissioner of U.S. Customs and Border Protection, in consultation with the Attorney General, Director of the National Background Investigations Bureau, and other appropriate departments, to report on the feasibility of expanding the TSA PreCheck program created by this Act to other Trusted Traveler Programs, such as Global Entry."
S. Rept. 116-163; Senate Report 116-163
U.S. Government Publishing Office: http://www.gpo.gov/