This bill requires the Director of the Office of Management and Budget (OMB) to issue guidance to certain federal agencies to prepare plans for internal financial and administrative controls that can be used immediately in a future disaster, pandemic, economic relief, or other emergency supplemental appropriations. "Covered agency" is defined by reference to section 901(b). The Director must issue the guidance within 180 days of enactment and review it every 3 years.
The guidance must incorporate specified Government Accountability Office documents on managing improper payments and fraud risk. Agency plans must identify a senior official responsible for plan implementation and include policies and procedures to timely: assess risks of improper payments and fraud for any supplemental appropriations or increases in budget authority; develop and implement mitigation strategies and changes to internal controls before funds are spent to the greatest extent possible; and adopt real-time, data-driven payment monitoring techniques (for example, anomaly detection, volume plausibility checks, and network analysis). Risk assessments must include an evaluation of potential financial loss from improper payments and an identification of the agency program's risk tolerance.
Heads of covered agencies must submit their plans to the OMB Director within 1 year of enactment. Agencies must review and, if needed, revise plans at least every 3 years and submit revisions to OMB. The Director must assemble the submitted plans and a summary and send them to the Senate Committee on Homeland Security and Governmental Affairs and the House Committee on Oversight and Government Reform within 15 months of enactment and at least annually thereafter. The bill states that no additional funds are authorized to carry it out.
Federal agencies that handle emergency or supplemental funds would be required to prepare and keep up-to-date plans to reduce improper and fraudulent payments. Those plans must name a senior official to be accountable, assess fraud and payment risks, plan controls and mitigation steps, and use data-driven monitoring tools. The Director of OMB will collect these plans and share them with two congressional committees. The bill does not say how these actions will change individual benefit delivery or timing.
The bill states: "No additional funds are authorized to be appropriated for the purpose of carrying out this Act." The bill does not include any cost estimates or budget numbers.
No publicly available information.
No publicly available information.