Emergency Rental Assistance Accountability and Transparency Act of 2022

Bill: 117-hr-7645
Sponsor: full_name: Rep. Emmer, Tom [R-MN-6]
Introduced: 2022-05-03
Policy area: Government Operations and Politics
Latest action: action_date: 2022-05-03
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2022-05-03
action_desc: Introduced in House
text: <p><strong>Emergency Rental Assistance Accountability and Transparency Act of 2022</strong></p> <p>This bill requires the Office of Inspector General of the Department of the Treasury to conduct monitoring and oversight of the receipt, disbursement, and use of funds made available under the emergency rental assistance program pursuant to the American Rescue Plan Act of 2021 and recoup misused funds. The bill provides funding for these activities.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 7645 IN THE HOUSE OF REPRESENTATIVES May 3, 2022 Mr. Emmer (for himself, Mr. McHenry , Mr. Lucas , Mr. Sessions , Mr. Posey , Mr. Luetkemeyer , Mr. Huizenga , Mrs. Wagner , Mr. Barr , Mr. Williams of Texas , Mr. Hill , Mr. Zeldin , Mr. Loudermilk , Mr. Mooney , Mr. Davidson , Mr. Budd , Mr. Kustoff , Mr. Gonzalez of Ohio , Mr. Rose , Mr. Hollingsworth , Mr. Steil , Mr. Gooden of Texas , Mr. Timmons , and Mr. Taylor ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the American Rescue Plan Act of 2021 to provide for oversight of emergency rental assistance amounts by the Inspector General of the Department of the Treasury, and for other purposes.

1. Short title This Act may be cited as the Emergency Rental Assistance Accountability and Transparency Act of 2022 . 2. Inspector General oversight Section 3201 of the American Rescue Plan Act of 2021 ( 15 U.S.C. 9058c ) is amended by adding at the end the following new subsection: (i) Inspector General Oversight; Recoupment (1) Oversight authority The Inspector General of the Department of the Treasury shall conduct monitoring and oversight of the receipt, disbursement, and use of funds made available under this section. (2) Recoupment If the Inspector General of the Department of the Treasury determines that an eligible grantee has failed to comply with subsection (d), the amount equal to the amount of funds used in violation of such subsection shall be booked as a debt of such entity owed to the Federal Government. Amounts recovered under this subsection shall be deposited into the general fund of the Treasury. (3) Appropriation Out of any money in the Treasury of the United States not otherwise appropriated, there are appropriated to the Office of the Inspector General of the Department of the Treasury, $6,500,000 to carry out oversight and recoupment activities under this subsection. Amounts appropriated under the preceding sentence shall remain available until expended. (4) Authority of Inspector General Nothing in this subsection shall be construed to diminish the authority of any Inspector General, including such authority as provided in the Inspector General Act of 1978 (5 U.S.C. App.). .