,,ii  #aae? ,,congress  #b;d ,session   
,s4 #bdjj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #g1 #bjah     
,mrs4 ,mc,caskill 7= h]self & ,mr4      
,johnson7 introduc$ ! foll[+ bill2 :i* 0
 read twice & ref]r$ to ! ,committee on 
,homel& ,security & ,gov]nm5tal ,affairs
  ,a ,,bill  ,to elim9ate or modify     
c]ta9 audit m&ates ( ! ,gov]nm5t        
,acc\ntability ,(fice4  #a4 ,%ort title 
,?is ,act may be cit$ z ! ,,gao ,audit  
,m&ates ,revision ,act ( #bjah4  #b4    
,audits modifi$  7a7 ,congressional aw>d
 f\ndation ,section #ajg ( !            
,congressional ,aw>d ,act 7#b ,u4,s4,c4 
#hjg7 is am5d$-- 7#a7 9 subsection 7b71 
by /rik+ & to ! ,comptroll] ,g5]al ( !  
,unit$ ,/ates2 &  7#b7 by /rik+         
subsection 7c74  7b7 ,pati5t c5t]$      
outcomes rese>* in/itute ,section       
#aaha7;g77#b7 ( ! ,social ,security ,act
 7#db ,u4,s4,c4 #acbj;e7g77#b77 is      
am5d$--  7#a7 9 ! p>agraph head+1 by    
/rik+ annual2  7#b7 9 subp>agraph 7,a7--
  7,a7 by /rik+ clause 7i72 &  7,b7 by  

r$esignat+ clauses 7ii7 ?r\gh 7v7 z     
clauses 7i7 ?r\gh 7iv71 respectively2 & 
7#c7 by am5d+ subp>agraph 7,b7 to read z
 foll[s3  7,,ii7 ,reports ,n lat] ?an   
,april #a ( ea* ye> 9 :i* a review is   
conduct$ "u subp>agraph 7,a71 !         
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all submit to ,congress a report       
conta9+ ! results ( ! review1 toge!r )  
recomm5dations = su* legislation &      
adm9i/rative action z ! ,comptroll]     
,g5]al det]m9es appropriate4  4  7c7    
,tr\bl$ asset relief program  7#a7 ,9   
g5]al ,section #aaf ( ! ,em]g5cy        
,economic ,/abilization ,act ( #bjjh    
7#ab ,u4,s4,c4 #ebbf7 is am5d$ by /rik+ 
subsection 7b7 & ins]t+ ! foll[+3  7b7  
,audits  7#a7 ,annual audit ,! ,,t>p    
%all annually prep>e & issue to !       
appropriate committees ( ,congress & !  
public audit$ f9ancial /atem5ts t %all  
be--  7,a7 prep>$ 9 accordance ) g5]ally
 accept$ acc\nt+ pr9ciples2  7,b7 prep>$
 & audit$ 9 ! same mann] z ! f9ancial   
/atem5ts ( cov]$ executive ag5cy        

compon5ts "u sections #ceae & #ceba (   
title #ca1 ,unit$ ,/ates ,code2 &  7,c7 
prep>$ on ! fiscal ye> basis prescrib$  
"u section #aajb ( title #ca1 ,unit$    
,/ates ,code4  7#b7 ,audit co/s  7,a7 ,9
 g5]al ,! ,secret>y %all transf] to !   
,inspector ,g5]al ( ! ,dep>tm5t ( !     
,treasury su* sums z are necess>y to    
reimburse ! ,inspector ,g5]al = ! full  
co/ ( p]=m+ an audit requir$ "u p>agraph
 7#a7 or procur+ ! audit f an indep5d5t 
ext]nal auditor4  7,b7 ,cr$it ,!        
reimbursem5ts describ$ 9 subp>agraph    
7,a7 %all be cr$it$ to ! appropriation  
acc\nt ,sal>ies & exp5ses1 ,(fice ( !   
,inspector ,g5]al1 ,dep>tm5t ( !        
,treasury curr5t :5 ! paym5t is receiv$ 
& rema9 available until exp5d$4  7#c7   
,corrective responses to audit problems 
,! ,,t>p %all--  7,a7 take action to    
address defici5cies id5tifi$ by !       
auditor ( ! ,,t>p f9ancial /atem5ts2 or 
7,b7 c]tify to ! appropriate committees 
( ,congress t no action is necess>y or  
appropriate4  4  7#b7 ,application ,!   

am5dm5t made by p>agraph 7#a7 %all apply
 to any audit p]=m$ "u section #aaf7;b7 
( ! ,em]g5cy ,economic ,/abilization    
,act ( #bjjh 7#ab ,u4,s4,c4 #ebbf7;b771 
z am5d$ by p>agraph 7#a71 ) respect to a
 fiscal ye> beg9n+ on or aft] ,octob]   
#a1 #bjah4