H.R.559 - Audit the Pentagon Act of 2013

To reduce by 5 percent the discretionary budget authority of any Federal agency for a fiscal year if the financial statement of the agency for the previous fiscal year does not receive a qualified or unqualified audit opinion by an external independent auditor, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To reduce by 5 percent the discretionary budget authority of any Federal agency for a fiscal year if the financial statement of the agency for the previous fiscal year does not receive a qualified or unqualified audit opinion by an external independent auditor, and for other purposes. as introduced.
  • Short: Audit the Pentagon Act of 2013 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 2
  • Past Seven Days: 4
  • All-Time: 534
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
02/06/13
 
 
 
 
 
 
 

Sponsor

Representative

Barbara Lee

D-CA

View Co-Sponsors (16)

Official Summary

Audit the Pentagon Act of 2013 - Requires, on March 2 of FY2014 and each subsequent fiscal year, a 5% reduction in the discretionary budget authority of a federal agency that is identified by the Director of the Office of Management and Budget (OMB) as required to have an audited financial

Official Summary

Audit the Pentagon Act of 2013 - Requires, on March 2 of FY2014 and each subsequent fiscal year, a 5% reduction in the discretionary budget authority of a federal agency that is identified by the Director of the Office of Management and Budget (OMB) as required to have an audited financial statement:
(1) that has not submitted a financial statement for the previous fiscal year, or
(2) whose statement has not received either an unqualified or a qualified audit opinion by an independent external auditor. Excludes from such reduction accounts for military, reserve and National Guard personnel and the Defense Health Program account of the Department of Defense (DOD). Authorizes the President to waive a reduction in discretionary budget authority if such reduction would harm national security or members of the Armed Forces who are in combat. Requires a report to Congress listing required DOD reports that interfere with DOD's capacity to achieve an audit of its financial statements with an unqualified opinion. Expresses the sense of Congress that:
(1) congressional defense committees and DOD should not endanger the nation's troops by reducing wounded warrior accounts or vital protection for members of the Armed Forces in harm's way,
(2) the valuation of legacy assets by DOD should be simplified without compromising essential controls or generally accepted government auditing standards, and
(3) this Act should not be construed to require or permit the declassification of accounting details about classified defense programs and DOD should ensure financial accountability in such programs. .

...Read the Rest




Vote on This Bill

-% Users Support Bill

0 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC