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[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2886 Introduced in House (IH)]

108th CONGRESS
  1st Session
                                H. R. 2886

    To amend title 31, United States Code, to improve the financial 
 accountability requirements applicable to the Department of Homeland 
                   Security, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                             July 24, 2003

 Mr. Platts (for himself, Mr. Tom Davis of Virginia, Mr. Waxman, Mrs. 
  Blackburn, and Mr. Towns) introduced the following bill; which was 
referred to the Committee on Government Reform, and in addition to the 
Select Committee on Homeland Security, for a period to be subsequently 
   determined by the Speaker, in each case for consideration of such 
 provisions as fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL

 
    To amend title 31, United States Code, to improve the financial 
 accountability requirements applicable to the Department of Homeland 
                   Security, 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 ``Department of Homeland Security 
Financial Accountability Act''.

SEC. 2. CHIEF FINANCIAL OFFICER OF THE DEPARTMENT OF HOMELAND SECURITY.

    (a) In General.--Section 901(b)(1) of title 31, United States Code, 
is amended--
            (1) by redesignating subparagraphs (G) through (P) as 
        subparagraphs (H) through (Q), respectively; and
            (2) by inserting after subparagraph (F) the following:
            ``(G) The Department of Homeland Security.''.
    (b) Appointment or Designation of CFO.--The President shall appoint 
or designate a Chief Financial Officer of the Department of Homeland 
Security under the amendment made by subsection (a) by not later than 
180 days after the date of the enactment of this Act.
    (c) Continued Service of Current Official.--The individual serving 
as Chief Financial Officer of the Department of Homeland Security 
immediately before the enactment of this Act may continue to serve in 
that position until the date of the confirmation or designation, as 
applicable (under section 901(a)(1)(B) of title 31, United States 
Code), of a successor under the amendment made by subsection (a).
    (d) Conforming Amendments.--
            (1) Homeland security act of 2002.--The Homeland Security 
        Act of 2002 (Public Law 107-296) is amended--
                    (A) in section 103 (6 U.S.C. 113)--
                            (i) in subsection (d) by striking paragraph 
                        (4), and redesignating paragraph (5) as 
                        paragraph (4);
                            (ii) by redesignating subsection (e) as 
                        subsection (f); and
                            (iii) by inserting after subsection (d) the 
                        following:
    ``(e) Chief Financial Officer.--There shall be in the Department a 
Chief Financial Officer, as provided in chapter 9 of title 31, United 
States Code.''; and
                    (B) in section 702 (6 U.S.C. 342) by striking 
                ``shall report'' and all that follows through the 
                period and inserting ``shall perform functions as 
                specified in chapter 9 of title 31, United States 
                Code.''.
            (2) FEMA.--Section 901(b)(2) of title 31, United States 
        Code, is amended by striking subparagraph (B), and by 
        redesignating subparagraphs (D) through (H) in order as 
        subparagraphs (C) through (G).

SEC. 3. FUNCTIONS OF CHIEF FINANCIAL OFFICER OF THE DEPARTMENT OF 
              HOMELAND SECURITY.

    (a) Application of Financial Statements Requirement.--The Secretary 
of Homeland Security is not required to prepare or submit any audited 
financial statement under section 3515 of title 31, United States Code, 
for any fiscal year before fiscal year 2004.
    (b) Performance and Accountability Reports.--Section 3516 of title 
31, United States Code, is amended by adding at the end the following:
    ``(f) The Secretary of Homeland Security--
            ``(1) shall submit for fiscal year 2004, and for each 
        subsequent fiscal year, a performance and accountability report 
        under subsection (a) that incorporates the program performance 
        report under section 1116 of this title for the Department of 
        Homeland Security; and
            ``(2) shall include in each performance and accountability 
        report an audit opinion of the Department's internal controls 
        over its financial reporting.''.
                                 <all>
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