< Back to H.R. 4074 (105th Congress, 1997–1998)

Text of the Tax Dollars Accountability Act

This bill was introduced on June 17, 1998, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jun 17, 1998 (Introduced).

Source: GPO

HR 4074 IH

105th CONGRESS

2d Session

H. R. 4074

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.

IN THE HOUSE OF REPRESENTATIVES

June 17, 1998

Mr. NEUMANN (for himself and Mr. SESSIONS) introduced the following bill; which was referred to the Committee on Government Reform and Oversight


A BILL

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.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ‘Tax Dollars Accountability Act’.

SEC. 2. RESERVATION OF APPROPRIATED FUNDS.

    Section 3515 of title 31, United States Code, is amended--

      (1) by striking subsections (e) through (h); and

      (2) by adding at the end the following new subsection:

    ‘(e)(1) Beginning in fiscal year 1999, the Director of the Office of Management and Budget shall reserve from obligation and expenditure 5 percent of the discretionary appropriations for a fiscal year for an agency (or component of an agency, as applicable) that does not receive an unqualified opinion on the financial statements of the agency (or component of the agency) for the previous fiscal year as part of an audit conducted in accordance with section 3521.

    ‘(2) The Director shall make available to an agency or component of an agency the expired and unexpired amounts reserved pursuant to paragraph (1) upon the receipt of an unqualified opinion on the financial statements of the agency or component as part of an audit conducted in accordance with section 3521.

    ‘(3) Paragraph (1) shall not apply with respect to funds appropriated for Offices of Inspector General, Offices of Chief Financial Officers, or any other functions directly responsible for financial management.

    ‘(4) For purposes of this subsection, the term ‘discretionary appropriations’ has the meaning given that term in section 250 of the Balanced Budget and Emergency Deficit Control Act of 1985.’.

SEC. 3. ACCOUNTABILITY OF AGENCY OFFICERS AND EMPLOYEES.

    Section 3515 of title 31, United States Code, is further amended by adding at the end the following new subsection:

    ‘(f)(1) For each audit required by section 3521 that does not result in an unqualified or qualified opinion on the financial statements of the agency (or component of the agency), the Director of the Office of Management and Budget and the head of the agency shall jointly submit, not later than April 1, a statement to the Committees on Appropriations of the House of Representatives and the Senate, the Committee on Government Reform and Oversight of the House of Representatives, and the Committee on Governmental Affairs of the Senate a statement that identifies the officers and employees of the agency responsible for--

      ‘(A) the financial management of the agency; and

      ‘(B) the preparation and production of the financial statements of the agency.

    ‘(2) The President (in the case of an officer appointed by the President) or the head of the agency (in the case of any other officer or employee) shall remove from office or employment each officer or employee of an agency identified for two consecutive years in a statement required by paragraph (1).’.

SEC. 4. SUBMISSION OF AGENCY FINANCIAL STATEMENTS.

    Section 3515 of title 31, United States Code, is further amended is subsection (a)--

      (1) by striking ‘1997’ and inserting ‘1999’; and

      (2) by inserting ‘the Congress and’ after ‘and submit to’.