Increasing Transparency in Federal Audits Act

Bill: 115-hr-3481
Sponsor: full_name: Rep. Johnson, Mike [R-LA-4]
Introduced: 2017-07-27
Policy area: Government Operations and Politics
Subjects: Accounting and auditing

Congressional oversight

Executive agency funding and structure

Government information and archives

Government studies and investigations
Latest action: action_date: 2017-07-27
text: Referred to the House Committee on Oversight and Government Reform.

Summaries:
action_date: 2017-07-27
action_desc: Introduced in House
text: <p><strong>Increasing Transparency in Federal Audits Act</strong></p> <p>This bill amends the Federal Funding Accountability and Transparency Act of 2006 to require the Office of Management and Budget's searchable website on federal awards to allow the public to search for and download the results of audits performed on non-federal entities that expend such awards. </p> <p>The Department of the Treasury shall coordinate the transfer of the results of any such audit.</p> <p>The Government Accountability Office must submit either a certification that this bill's requirements have been fully implemented or, if it has not been fully implemented, the status of such implementation.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 3481 IN THE HOUSE OF REPRESENTATIVES July 27, 2017 Mr. Johnson of Louisiana introduced the following bill; which was referred to the Committee on Oversight and Government Reform A BILL To require the inclusion of audit information on the website required by the Federal Funding Accountability and Transparency Act of 2006, and for other purposes.

1. Short title This Act may be cited as the Increasing Transparency in Federal Audits Act . 2. Inclusion of audit information on USAspending.gov (a) Amendments Section 2 of the Federal Funding Accountability and Transparency Act of 2006 ( 31 U.S.C. 6101 note) is amended— (1) in subsection (a)(7)— (A) in subparagraph (C), by striking ; and and inserting a semicolon; (B) in subparagraph (D), by striking the period at the end and inserting ; and ; and (C) by inserting at the end the following new subparagraph: (E) search for and download the results of any audit performed pursuant to chapter 75 of title 31, United States Code. ; and (2) in subsection (b), by inserting at the end the following new paragraph: (5) Inclusion of audit information on website (A) In general The website described in paragraph (1) shall include the results of any audit performed pursuant to chapter 75 of title 31, United States Code. (B) Coordination The Secretary shall coordinate the transfer of the following: (i) The results of any audit performed pursuant to chapter 75 of title 31, United States Code. (ii) Any other information the Secretary determines to be necessary to meet the requirements of this paragraph. . (b) Report requirement Not later than 180 days after the date of the enactment of this Act, the Comptroller General, in consultation with the Inspector General of the Department of the Treasury, shall submit to Congress either— (1) a certification that this Act, and the amendments made by this Act, have been fully implemented; or (2) if this Act, and the amendments made by this Act, have not been fully implemented, the status of such implementation, including any recommendations, as necessary. (c) Applicability The amendments made by subsection (a) shall apply with respect to any audit conducted under chapter 75 of title 31, United States Code, at any time.