H.R. 54 (101st): Truth in Government Efficiency Reform Act of 1989

Jan 03, 1989 (101st Congress, 1989–1990)
Died (Referred to Committee)
See Instead:

H.R. 3064 (same title)
Referred to Committee — Aug 01, 1989

Larry Craig
Representative for Idaho's 1st congressional district
Related Bills
H.R. 3064 (Related)
Truth in Government Efficiency Reform Act of 1989

Referred to Committee
Last Action: Aug 01, 1989

H.R. 5492 (Related)
Federal Management Reform Act of 1990

Referred to Committee
Last Action: Aug 03, 1990


This bill was introduced on January 3, 1989, in a previous session of Congress, but was not enacted.

Introduced Jan 03, 1989
Referred to Committee Jan 03, 1989
Full Title

To improve the financial management of the Federal Government by establishing agency chief financial officers, by requiring the development of systems that will provide complete, accurate and timely information, and by increasing accountability through a process of agency audits and reports, among other things.


No summaries available.

1 cosponsors (1R) (show)

House Oversight and Government Reform

National Security

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Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

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.

Title I - Title and Statement of Findings
Truth in Government Efficiency Reform Act of 1989 - Sets forth congressional findings with respect to inadequacies of the financial management systems of the Federal Government.
Title II - Declaration of Purposes
Declares that the purpose of this Act is to require the establishment and maintenance of an effective Federal financial management structure.
Part A - Development of an Integrated Financial Management System
Revises current provisions of Federal law on accounting principles, standards, and requirements. Requires the Comptroller General to establish an Accounting and Financial Management Advisory Board. Requires the Secretary of the Treasury to develop and maintain a Government-wide five-year financial management plan to improve the financial management of the Federal Government.
Part B - Financial Reporting and Audits
Sets forth reporting requirements for Federal agencies with respect to financial operations. Provides for audits of financial statements.
Part C - Establishment of Agency Chief Financial Officers
Specifies the Federal agencies in which there shall be appointed an agency chief financial officer to be responsible for financial management activities.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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