H.R. 4074 (105th): Tax Dollars Accountability Act

Introduced:
Jun 17, 1998 (105th Congress, 1997–1998)
Sponsor:
Rep. Mark Neumann [R-WI1]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on June 17, 1998, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 17, 1998
Cosponsors
2 cosponsors (2R) (show)
Committees

House Oversight and Government Reform

The committee chair determines whether a bill will move past the committee stage.

Full Title

To hold Federal agencies accountable for the tax dollars spent by such agencies in accordance with the provisions in the Government Management Reform Act of 1994, and for other purposes.

Summary

No summaries available.

Text

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Last updated Jun 17, 1998.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

6/17/1998--Introduced.
Tax Dollars Accountability Act - Requires the Director of the Office of Management and Budget to: (1) reserve from obligation and expenditure five percent of the discretionary appropriations for a fiscal year for an agency (or component thereof) that does not receive an unqualified opinion on its annual financial statements for the previous fiscal year as part of the agency audit; and (2) make available to such agency the amounts reserved upon the receipt of an unqualified opinion. Requires the Director and the head of an agency, for each audit that does not result in an unqualified or qualified opinion on the agency's financial statements, to jointly submit to the Appropriations Committees, the House Committee on Government Reform and Oversight, and the Senate Committee on Governmental Affairs a statement that identifies the agency's officers and employees responsible for: (1) financial management; and (2) the preparation and production of the financial statements. Requires the President (in the case of an officer appointed by the President) or agency head (in the case of any other officer or employee) to remove from office or employment each officer or employee identified for two consecutive years in such a statement. Extends from 1997 to 1999 the deadline for the submission of the first of such annual financial statements. Requires the submission of such statements to the Congress (currently, they are submitted only to the Director).

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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