< Back to S. 2757 (108th Congress, 2003–2004)

Text of the Judicial Branch Financial Accountability Act of 2004

This bill was introduced on July 22, 2004, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jul 22, 2004 (Introduced).

Source: GPO

S 2757 IS

108th CONGRESS

2d Session

S. 2757

To provide for certain financial reporting requirements to apply to the judicial branch of the Federal Government, and for other purposes.

IN THE SENATE OF THE UNITED STATES

July 22, 2004

Mr. FITZGERALD introduced the following bill; which was read twice and referred to the Committee on the Judiciary


A BILL

To provide for certain financial reporting requirements to apply to the judicial branch of the Federal Government, 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 ‘Judicial Branch Financial Accountability Act of 2004’.

SEC. 2. FEDERAL JUDICIARY.

    (a) IN GENERAL- The Federal Judiciary shall annually have independently audited financial statements prepared for fiscal year 2005, and each fiscal year thereafter, covering all the accounts and associated activities of the judicial branch.

    (b) SEPARATE STATEMENTS- The Judicial Conference of the United States shall determine whether to have separate financial statements for the--

      (1) Supreme Court of the United States;

      (2) United States Court of Appeals for the Federal Circuit;

      (3) United States Court of International Trade;

      (4) Administrative Office of the United States Courts;

      (5) Federal Judicial Center;

      (6) Judicial retirement funds;

      (7) United States Sentencing Commission; or

      (8) other courts or services paid from the appropriations for ‘Courts of Appeals, District Courts, and Other Judicial Services’.

SEC. 3. PREPARATION AND AUDIT OF STATEMENTS.

    (a) PREPARATION- The Administrative Office of the United States Courts shall prepare the financial statements required by this Act in accordance with United States generally accepted accounting principles.

    (b) AUDIT-

      (1) IN GENERAL- The Judicial Conference of the United States shall provide, by contract, for an independent auditor to audit the financial statements required by this Act in accordance with generally accepted government auditing standards.

      (2) REPORT- Not later than 45 days after the end of the defined fiscal year, whether calendar or fiscal, and each year thereafter, the Administrative Office of the United States Courts shall complete and submit an independently audited financial statement that shall be--

        (A) available to the public; and

        (B) submitted to--

          (i) the Committee on the Judiciary of the Senate and the Committee on Governmental Affairs of the Senate; and

          (ii) the Committee on the Judiciary of the House of Representatives and the Committee on Government Reform of the House of Representatives.

SEC. 4. REPORT.

    (a) IN GENERAL- Not later than 90 days after the date of enactment of this Act, a report described under subsection (b) shall be submitted by the Judicial Conference to--

      (1) the Committee on the Judiciary of the Senate and the Committee on Governmental Affairs of the Senate; and

      (2) the Committee on the Judiciary of the House of Representatives and the Committee on Government Reform of the House of Representatives.

    (b) CONTENT- The report under subsection (a) shall include--

      (1) a plan for implementation of this Act; and

      (2) recommendations, including legislative actions and amendments to this Act, if necessary, to effectively carry out this Act.

SEC. 5. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated such sums as may be necessary to carry out this Act in fiscal year 2005, and each fiscal year thereafter.