Union Calendar No. 193
105TH CONGRESS
1ST SESSION
H. R. 1962
[Report No. 105–331]
A BILL
To provide for the appointment of a Chief Finan-
cial Officer and Deputy Chief Financial Officer
in the Executive Office of the President.
OCTOBER 21, 1997
Reported with amendments, committed to the Committee
of the Whole House on the State of the Union, and or-
dered to be printed
IB
Union Calendar No. 193
105TH CONGRESS
1ST SESSION
H. R. 1962
[Report No. 105–331]
To provide for the appointment of a Chief Financial Officer and Deputy
Chief Financial Officer in the Executive Office of the President.
IN THE HOUSE OF REPRESENTATIVES
JUNE 19, 1997
Mr. HORN (for himself, Mr. ENGLISH of Pennsylvania, Mr. KLUG, Mr. DAVIS
of Virginia, Mr. MICA, Mr. SHAYS, and Mr. SESSIONS) introduced the fol-
lowing bill; which was referred to the Committee on Government Reform
and Oversight
OCTOBER 21, 1997
Additional sponsor: Mr. PAPPAS
OCTOBER 21, 1997
Reported with amendments, committed to the Committee of the Whole House
on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed in italic]
[For text of introduced bill, see copy of bill as introduced on June 19, 1997]
A BILL
To provide for the appointment of a Chief Financial Officer
and Deputy Chief Financial Officer in the Executive
Office of the President.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Presidential and Execu-
tive Office Financial Accountability Act of 1997’’.
SEC. 2. CHIEF FINANCIAL OFFICER IN THE EXECUTIVE OF-
FICE OF THE PRESIDENT.
(a) IN GENERAL.—Section 901 of title 31, United
States Code, is amended by adding at the end the following:
‘‘(c)(1) There shall be within the Executive Office of
the President a Chief Financial Officer, who shall be des-
ignated or appointed by the President from among individ-
uals meeting the standards described in subsection (a)(3).
The position of Chief Financial Officer established under
this paragraph may be so established in any Office (includ-
ing the Office of Administration) of the Executive Office
of the President.
‘‘(2) The Chief Financial Officer designated or ap-
pointed under this subsection shall, to the extent that the
President determines appropriate and in the interest of the
United States, have the same authority and perform the
same functions as apply in the case of a Chief Financial
Officer of an agency described in subsection (b).
‘‘(3) The President shall submit to Congress notifica-
tion with respect to any provision of section 902 that the
President determines shall not apply to a Chief Financial
Officer designated or appointed under this subsection.
‘‘(4) The President may designate an employee of the
Executive Office of the President (other than the Chief Fi-
nancial Officer), who shall be deemed ‘the head of the agen-
cy’ for purposes of carrying out section 902, with respect
to the Executive Office of the President.’’.
(b) PLAN FOR IMPLEMENTATION.—Not later than 90
days after the date of the enactment of this Act, the Presi-
dent shall communicate in writing to the Chairman of the
Committee on Government Reform and Oversight of the
House of Representatives and the Chairman of the Commit-
tee on Governmental Affairs of the Senate a plan for imple-
mentation of the provisions of, including the amendments
made by, this Act.
(c) DEADLINE FOR APPOINTMENT.—The Chief Finan-
cial Officer designated or appointed under section 901(c)
of title 31, United States Code (as added by subsection (a)),
shall be so designated or appointed not later than 180 days
after the date of the enactment of this Act.
(d) PAY.—The Chief Financial Officer designated or
appointed under such section shall receive basic pay at the
rate payable for level IV of the Executive Schedule under
section 5315 of title 5, United States Code.
(e) TRANSFER OF FUNCTIONS.—(1) The President may
transfer such offices, functions, powers, or duties thereof, as
the President determines are properly related to the func-
tions of the Chief Financial Officer under section 901(c)
of title 31, United States Code (as added by subsection (a)).
(2) The personnel, assets, liabilities, contracts, prop-
erty, records, and unexpended balances of appropriations,
authorizations, allocations, and other funds employed, held,
used, arising from, available or to be made available, of
any office the functions, powers, or duties of which are
transferred under paragraph (1) shall also be so transferred.
(f) SEPARATE BUDGET REQUEST.—Section 1105(a) of
title 31, United States Code, is amended by inserting after
paragraph (30) the following new paragraph:
‘‘(31) a separate statement of the amount of ap-
propriations requested to carry out the provisions of
the Presidential and Executive Office Financial Ac-
countability Act of 1997.’’.
(g) TECHNICAL
AND CONFORMING AMENDMENTS.—
Section 503(a) of title 31, United States Code, is amend-
ed—
(1) in paragraph (7) by striking ‘‘respectively.’’
and inserting ‘‘respectively (excluding any officer des-
ignated or appointed under section 901(c)).’’; and
(2) in paragraph (8) by striking ‘‘Officers.’’ and
inserting ‘‘Officers (excluding any officer designated
or appointed under section 901(c)).’’.
Amend the title so as to read: ‘‘A bill to provide for
a Chief Financial Officer in the Executive Office of the
President.’’.