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LEGISLATION/S. 78

TRUE Accountability Act

119-S-78119th CongressIntroduced Jan 13, 2025Government Operations and Politics
Market Probability
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Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sponsor

Sen. Lankford, James [R-OK](R-OK)
1 cosponsor

Summary

Taxpayer Resources Used in Emergencies Accountability Act or the TRUE Accountability Act

This bill requires the Office of Management and Budget (OMB) to issue guidance to certain executive branch agencies for the development of internal control plans that are available for immediate use in future emergencies or crises. (Internal control refers to a process that provides reasonable assurance of achieving effective and efficient operations, reliable financial reporting, and legal compliance.)

This guidance must be in alignment with the Government Accountability Office reports entitled A Framework for Managing Improper Payments in Emergency Assistance Programs and A Framework for Managing Fraud Risks in Federal Programs. 

Periodically, the agencies subject to this guidance must submit their internal control plan to OMB and OMB must submit such agency plans to Congress.

Subjects

Congressional oversightDisaster relief and insuranceGovernment information and archivesHealth programs administration and funding

Actions (2)

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jan 13, 2025Senate
Introduced in Senate
Jan 13, 2025Library of Congress
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