Providing for a joint session of Congress to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch.

Bill: 114-hconres-140
Sponsor: full_name: Rep. Renacci, James B. [R-OH-16]
Introduced: 2016-07-05
Policy area: Congress
Subjects: Accounting and auditing

Congressional operations and organization

Congressional oversight

Executive agency funding and structure

Government Accountability Office (GAO)

Government studies and investigations
Latest action: action_date: 2016-07-05
text: Referred to the House Committee on House Administration.

Summaries:
action_date: 2016-07-05
action_desc: Introduced in House
text: <p>Requires both chambers of Congress to assemble annually in the Hall of the House of Representatives to receive a presentation from the Comptroller General on the Government Accountability Office's audited financial statement of the accounts and associated activities of the executive branch, together with an analysis of the financial position and condition of the federal government. </p>

tv_txt: IV 114th CONGRESS 2d Session H. CON. RES. 140 IN THE HOUSE OF REPRESENTATIVES July 5, 2016 Mr. Renacci (for himself, Mr. Amodei , Mr. Barletta , Mr. Barr , Mrs. Brooks of Indiana , Mr. Bucshon , Mrs. Bustos , Mr. Carney , Mr. DeSaulnier , Mr. Hanna , Mr. Joyce , Mr. Kelly of Pennsylvania , Mr. Kilmer , Mr. Sean Patrick Maloney of New York , Mr. Meehan , Mr. Moulton , Mrs. Noem , Mr. Peters , Mr. Quigley , Miss Rice of New York , Ms. Stefanik , Mr. Valadao , Mr. Webster of Florida , and Mr. Welch ) submitted the following concurrent resolution; which was referred to the Committee on House Administration CONCURRENT RESOLUTION Providing for a joint session of Congress to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch.

1. Annual Joint Session of Congress to Receive a Presentation by the Comptroller General (a) In general Not later than 45 days (excluding Saturdays, Sundays, and holidays) after the date on which the Secretary of the Treasury submits to Congress the audited financial statement required under paragraph (1) of section 331(e) of title 31, United States Code, on a date agreed upon by Congress and the Comptroller General of the United States, the two Houses of Congress shall assemble in the Hall of the House of Representatives to receive a presentation from the Comptroller General reviewing the findings of the audit required under paragraph (2) of such section and providing, with respect to the information included by the Secretary in the report accompanying such audited financial statement, an analysis of the financial position and condition of the Federal Government, including financial measures (such as the net operating cost, income, budget deficits, or budget surpluses) and sustainability measures (such as the long-term fiscal projection or social insurance projection) described in such report. (b) Effective date The requirement under subsection (a) shall apply with respect to any audited financial statement submitted on or after the date of the enactment of this resolution.