#aaf? ,,congress  #b;d ,session  ,s4    
#cbhg  ,,an ,,act  ,to modify !         
gov]nm5twide f9ancial managem5t plan1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,,cfo ,vision ,act 
( #bjbj4  #b4 ,*ief f9ancial (fic]s2    
gov]nm5twide f9ancial managem5t plan    
7a7 ,*ief ,f9ancial ,(fic] & ,deputy    
,*ief ,f9ancial ,(fic] ,*apt] #i ( title
 #ca1 ,unit$ ,/ates ,code1 is am5d$--   
7#a7 9 section #ijb7;a7-- 7,a7 9 ! matt]
 prec$+ p>agraph 7#a71 by /rik+ ,an &   
ins]t+ ,x %all be ! duty &              
responsibility ( ea* ag5cy ,*ief        
,f9ancial ,(fic] to ov]see & provide    
lead]%ip 9 ! areas ( budget =mulation & 
execution1 plann+ & p]=mance1 risk      
managem5t1 int]nal controls1 f9ancial   
sy/ems1 acc\nt+1 & o!r areas z !        
,director ( ! ,(fice ( ,managem5t &     
,budget may designate4 ,9 c>ry+ out !   
prec$+ s5t5ce1 ea*2  7,b7 9 p>agraph    
7#c7-- 7i7 9 subp>agraph 7,c71 by ins]t+
 areas & be=e sy/ems2 &  7ii7 9         
subp>agraph 7,d7-- 7,i7 9 clause 7iii71 

by /rik+ & at ! end2  7,,ii7 9 clause   
7iv71 by /rik+ p]=mance2 & ins]t+       
p]=mance & integration ( p]=mance & co/ 
in=mation2 &2 &  7,,iii7 by add+ at !   
end ! foll[+3  7v7 annual ag5cy f9ancial
 /atem5ts prep>$ 9 accordance ) ,unit$  
,/ates g5]ally accept$ acc\nt+          
pr9ciples2  4  7,c7 by r$esignat+       
p>agraph 7#h7 z p>agraph 7#aj72  7,d7 by
 r$esignat+ p>agraphs 7#e7 ?r\gh 7#g7 z 
p>agraphs 7#f7 ?r\gh 7#h71 respectively2
  7,e7 by ins]t+ aft] p>agraph 7#d7 !   
foll[+3  7#e7 prep>e1 9 consultation )  
f9ancial managem5t & o!r appropriate    
exp]ts1 an ag5cy plan to implem5t !     
#d-ye> f9ancial managem5t plan prep>$ by
 ! ,director ( ! ,(fice ( ,managem5t &  
,budget "u section #ceab7;a77#b7 ( ?is  
title & to a*ieve & su/a9 effective     
f9ancial managem5t 9 ! ag5cy1 :i* %all--
 7,a7 be complet$ )9 #ij days ( !       
issuance ( a gov]nm5twide plan "u       
section #ceab7;a77#b7 ( ?is title2  7,b7
 be revis$ z det]m9$ necess>y by ! ,*ief
 ,f9ancial ,(fic]2  7,c7 include        

p]=mance-bas$ f9ancial managem5t metrics
 aga9/ :i* ! f9ancial managem5t p]=mance
 ( ! ag5cy %all be assess$2 &  7,d7 be  
submitt$ ^u completion or revision to ! 
head ( ! ag5cy1 ! ,director ( ! ,(fice (
 ,managem5t & ,budget1 ! ,comptroll]    
,g5]al1 & appropriate committees (      
,congress1 & be made publicly available2
  2  7,f7 9 p>agraph 7#f71 z s          
r$esignat$-- 7i7 by /rik+ subp>agraph   
7,a72  7ii7 by r$esignat+ subp>agraphs  
7,b7 ?r\gh 7,e7 z subp>agraphs 7,a7     
?r\gh 7,d71 respectively2 &  7iii7 9    
subp>agraph 7,c71 z s r$esignat$1 by    
add+ & at ! end2  7,g7 9 p>agraph 7#g71 
z s r$esignat$-- 7i7 9 ! matt] prec$+   
subp>agraph 7,a71 by /rik+ & ! ,director
 ( ! ,(fice ( ,managem5t & ,budget1 &   
ins]t+ 1 ! ,director ( ! ,(fice (       
,managem5t & ,budget1 ! ,comptroll]     
,g5]al1 & appropriate committees (      
,congress1 :i* %all be made publicly    
available &2  7ii7 9 subp>agraph 7,a71  
by /rik+ ag5cy2 & ins]t+ ag5cy1         
includ+-- 7i7 ! progress ( ! ag5cy 9    

implem5t+ ! ag5cy plan describ$ 9       
p>agraph 7#e72  7ii7 ! progress ( !     
ag5cy 9 implem5t+ ! gov]nm5twide #d-ye> 
f9ancial managem5t plan prep>$ by !     
,director ( ! ,(fice ( ,managem5t &     
,budget "u section #ceab7;a77#b7 ( ?is  
title2 &  7iii7 ! p]=mance ( ! ag5cy    
aga9/ f9ancial managem5t metrics        
e/abli%$ by ! ,director ( ! ,(fice (    
,managem5t & ,budget2  2 &  7iii7 9     
subp>agraph 7,d7-- 7,i7 by /rik+ ( !    
reports & ins]t+ (-- 7i7 ! reports  2   
7,,ii7 9 clause 7i71 z s designat$1 by  
/rik+ ! am5dm5ts made by ! ,f$]al       
,manag]s' ,f9ancial ,integrity ,act (   
#aihg 7,public law #ig-bee72 & & ins]t+ 
section #ceab7;d7 ( ?is title22 &       
7,,iii7 by add+ at ! end ! foll[+3  7ii7
 ag5cy sp5d+ data publi%$ "u ! ,f$]al   
,fund+ ,acc\ntability & ,transp>5cy ,act
 ( #bjjf 7#ca ,u4,s4,c4 #faja note72 &  
7iii7 ! report+ ( ! ag5cy "u ! ,f$]al   
,f9ancial ,managem5t ,improvem5t ,act ( 
#aiif 7#ca ,u4,s4,c4 #ceab note72 &  2  
7,h7 9 p>agraph 7#h71 z s r$esignat$--  

7i7 by /rik+ monitor ! & ins]t manage ! 
=mulation &2 &  7ii7 by /rik+ 1 & prep>e
 & submit to ! head ( ! ag5cy timely    
p]=mance reports2 & & ins]t+ a          
semicolon2  7,i7 by ins]t+ aft] p>agraph
 7#h71 z s r$esignat$1 ! foll[+3  7#i7  
be responsible = l9k+ p]=mance & co/    
in=mation1 includ+ ! prep>ation &       
submission to ! head ( ! ag5cy ( timely 
p]=mance reports t incorporate co/      
in=mation2  2  7,j7 9 p>agraph 7#aj71 z 
s r$esignat$-- 7i7 by ins]t+ inflation &
 be=e co/s2 &  7ii7 by /rik+ ! p]iod at 
! end & ins]t+ 2 &2 &  7,k7 by add+ at !
 end ! foll[+3  7#aa7 coord9ate ) s5ior 
ag5cy p]sonnel1 includ+ ! ,*ief ,data   
,(fic]1 ,*ief ,in=mation ,(fic]1 ,*ief  
,p]=mance ,(fic]1 ,*ief ,acquisition    
,(fic]1 ,*ief ,risk ,(fic]1 & ,*ief     
,evaluation ,(fic] ( ! ag5cy on-- 7,a7 !
 ex]cise ( au?orities "u ?is subsection2
 &  7,b7 ! /rategic plann+1 p]=mance    
measurem5t & report+1 & risk managem5t  
functions ( ! ag5cy4  2 &  7#b7 9       
section #ijc-- 7,a7 9 subsection 7a71 by

 ins]t+ & :o %all assi/ ! ag5cy ,*ief   
,f9ancial ,(fic] 9 ! p]=mance ( ea* ( ! 
duties ( ! ag5cy ,*ief ,f9ancial ,(fic] 
"u ?is *apt] aft] matt]s2 &  7,b7 by    
add+ at ! end ! foll[+3  7c7 ,not)/&+   
sub*apt] ,,iii ( *apt] #cc ( title #e1 9
 ! ev5t ( a vacancy 9 ! position ( ,*ief
 ,f9ancial ,(fic] ( an ag5cy1 ! ,deputy 
,*ief ,f9ancial ,(fic] ( ! ag5cy %all   
s]ve z ! act+ ,*ief ,f9ancial ,(fic]4  4
  7b7 ,gov]nm5twide f9ancial managem5t  
plan ,section #ceab ( title #ca1 ,unit$ 
,/ates ,code1 is am5d$-- 7#a7 9         
subsection 7a7-- 7,a7 9 p>agraph 7#a71  
by /rik+ a f9ancial managem5t /atus     
report & a gov]nm5twide #e-ye> f9ancial 
managem5t plan & ins]t+ a gov]nm5twide  
#d-ye> f9ancial managem5t plan & a      
f9ancial managem5t /atus report2  7,b7  
by /rik+ p>agraph 7#b72  7,c7 by        
r$esignat+ p>agraph 7#c7 z p>agraph     
7#b72  7,d7 9 p>agraph 7#b71 z s        
r$esignat$-- 7i7 9 subp>agraph 7,a7--   
7,i7 by /rik+ #e-ye> & ins]t+ #d-ye>2   
7,,ii7 by /rik+ %all describe & ins]t+ !

 foll[+3 %all-- 7i7 describe  2  7,,iii7
 9 clause 7i71 z s designat$1 by /rik+  
#e fiscal ye>s to improve ! f9ancial    
managem5t ( ! ,f$]al ,gov]nm5t4 & ins]t+
 #d fiscal ye>s to improve ! f9ancial   
managem5t ( ! ,f$]al ,gov]nm5t 9 a mann]
 t is /rategic1 compreh5sive1 &         
co/-effective2 &2 &  7,,iv7 by add+ at !
 end ! foll[+3  7ii7 be develop$ 9      
consultation ) ! ,*ief ,f9ancial ,(fic]s
 ,c\ncil1 ! ,*ief ,in=mation ,(fic]s    
,c\ncil1 ! ,*ief ,data ,(fic] ,c\ncil1 !
 ,*ief ,acquisition ,(fic]s ,c\ncil1 !  
,c\ncil ( ! ,inspectors ,g5]al on       
,integrity & ,effici5cy1 ! ,gov]nm5t    
,acc\ntability ,(fice1 &1 z appropriate1
 o!r c\ncils & f9ancial managem5t       
exp]ts4  2 &  7ii7 9 subp>agraph 7,b7-- 
7,i7 9 ! matt] prec$+ clause 7i71 by    
/rik+ #e-ye> & ins]t+ #d-ye>2  7,,ii7 9 
clause 7iii7-- 7aa7 by /rik+ = develop+ 
& ins]t+ = improv+ f9ancial managem5t   
sy/ems1 includ+-- 7,i7 develop+  2 &    
7bb7 by add+ at ! end ! foll[+3  7,,ii7 
l9k+ p]=mance & co/ in=mation to        

facilitate effective & effici5t decision
 mak+2  7,,iii7 elim9at+ duplicative &  
unnecess>y sy/ems & activities2 &       
7,,iv7 id5tify+ opportunities = ag5cies 
to %>e sy/ems & s]vices & enc\rag+      
ag5cies to d s :]e practicable2  2      
7,,iii7 by /rik+ clause 7iv72  7,,iv7 by
 r$esignat+ clause 7v7 z clause 7iv72   
7,v7 by ins]t+ aft] clause 7iv71 z s    
r$esignat$1 ! foll[+3  7v7 provide a    
/rategy = report+ p]=mance & co/        
in=mation2  2  7,,vi7 9 clause 7vi71 by 
/rik+ #e-ye> & ins]t+ #d-ye>2  7,,vii7 9
 clause 7vii71 by /rik+ id5tify & ins]t+
 provide a /rategy = /r5g!n+ ! ,f$]al   
f9ancial managem5t work=ce1 includ+     
id5tification (2  7,,viii7 9 clause     
7viii71 by /rik+ & at ! end2  7,,ix7 by 
r$esignat+ clause 7ix7 z clause 7x72    
7,x7 by ins]t+ aft] clause 7viii7 !     
foll[+3  7ix7 include compreh5sive      
f9ancial managem5t p]=mance-bas$ metrics
 aga9/ :i* ! f9ancial managem5t p]=mance
 ( executive ag5cies c be assess$2 &  2 
&  7,,xi7 9 clause 7x71 z s r$esignat$1 

by /rik+ #e-ye> & ins]t+ #d-ye>2  7,e7  
by ins]t+ aft] p>agraph 7#b7 ! foll[+3  
7#c7 ,a f9ancial managem5t /atus report 
"u ?is subsection %all include-- 7,a7 a 
description & analysis ( ! /atus (      
f9ancial managem5t 9 ! executive bran*1 
includ+ ! progress made t[>ds implem5t+ 
! gov]nm5twide #d-ye> f9ancial managem5t
 plan1 ! /atus ( rema9+ *all5ges1 &1 z  
necess>y bas$ on obligations or         
exp5ditures1 any updates or revisions to
 ! co/ e/imates includ$ 9 ! mo/ rec5t   
gov]nm5twide #d-ye> f9ancial managem5t  
plan2  7,b7 a summ>y ( ! p]=mance (     
ag5cies aga9/ ! metrics develop$ &      
id5tifi$ by ! ,director ( ! ,(fice (    
,managem5t & ,budget 9 ! gov]nm5twide   
#d-ye> f9ancial managem5t plan2  7,c7 a 
summ>y ( ! mo/ rec5tly complet$ f9ancial
 /atem5ts-- 7i7 ( ,f$]al ag5cies "u     
section #ceae ( ?is title2 &  7ii7 (    
,gov]nm5t corporations2  7,d7 a summ>y (
 ! mo/ rec5tly complet$ f9ancial /atem5t
 audits & reports-- 7i7 ( ,f$]al ag5cies
 "u subsections 7e7 & 7f7 ( section     

#ceba ( ?is title2 &  7ii7 ( ,gov]nm5t  
corporations2  7,e7 a summ>y ( reports  
on int]nal acc\nt+ & adm9i/rative       
control sy/ems submitt$ to ! ,presid5t &
 ,congress "u subsection 7d72  7,f7 a   
li/+ ( ag5cies ^: f9ancial managem5t    
sy/ems d n comply sub/antially ) !      
requirem5ts ( section #hjc7;a7 ( !      
,f$]al ,f9ancial ,managem5t ,improvem5t 
,act ( #aiif 7#ca ,u4,s4,c4 #ceab note71
 & a summ>y /atem5t ( ! ef=ts und]way to
 rem$y ! noncompliance2 &  7,g7 any o!r 
in=mation ! ,director consid]s          
appropriate to fully in=m ,congress     
reg>d+ ! f9ancial managem5t ( ! ,f$]al  
,gov]nm5t4  2  7,f7 9 p>agraph 7#d7--   
7i7 9 subp>agraph 7,a7-- 7,i7 by /rik+  
#ae mon?s aft] ! date ( ! enactm5t ( ?is
 subsection & ins]t+ #f mon?s aft] !    
date ( enactm5t ( ! ,,cfo ,vision ,act (
 #bjbj2 &  7,,ii7 by /rik+ #e-ye> &     
ins]t+ #d-ye>2 &  7ii7 9 subp>agraph    
7,b7-- 7,i7 9 clause 7i7-- 7aa7 by /rik+
 ,n lat] ?an ,janu>y #ca ( ea* ye>      
!reaft] & ins]t+ ,at a m9imum1          

concurr5tly ) ! submission ( ! budget ( 
! ,unit$ ,/ates ,gov]nm5t "u section    
#aaje7;a7 ( ?is title made 9 ! fir/ full
 fiscal ye> foll[+ any ye> 9 :i* ! t]m (
 ! ,presid5t comm5ces "u section #aja ( 
title #c2  7bb7 by /rik+ f9ancial       
managem5t /atus report & a revis$       
gov]nm5twide #e-ye> & ins]t+            
gov]nm5twide #d-ye>2 &  7cc7 by /rik+ #e
 fiscal ye>s & all t foll[s ?r\gh !     
p]iod at ! end & ins]t+ #d fiscal ye>s42
 &  7,,ii7 9 clause 7ii7-- 7aa7 by /rik+
 revis$ gov]nm5twide #e-ye> & ins]t+    
gov]nm5twide #d-ye>2 &  7bb7 by /rik+   
p>agraph 7#c77;,b77viii7 & ins]t+       
p>agraph 7#b77;,b77viii72 &  7iii7 by   
add+ at ! end ! foll[+3  7,c7 ,ea* ye>1 
concurr5tly ) ! submission ( ! budget ( 
! ,unit$ ,/ates ,gov]nm5t "u section    
#aaje7;a7 ( ?is title1 ! ,director ( !  
,(fice ( ,managem5t & ,budget %all      
submit to ! appropriate committees (    
,congress & ! ,comptroll] ,g5]al a      
f9ancial managem5t /atus report4  2 &   
7,g7 by /rik+ p>agraph 7#e72  7#b7 9    

subsection 7d77#b7-- 7,a7 9 subp>agraph 
7,a71 by /rik+ & at ! end2  7,b7 9      
subp>agraph 7,b71 by /rik+ ! p]iod at ! 
end & ins]t+ 2 &2 &  7,c7 by add+ at !  
end ! foll[+3  7,c7 a sep>ate report on 
! results ( ! assessm5t & conclusion    
requir$ "u subsection 7e77#b74  2  7#c7 
by r$esignat+ subsections 7e71 7f71 &   
7g7 z subsections 7f71 7g71 & 7h71      
respectively2 &  7#d7 by ins]t+ aft]    
subsection 7d7 ! foll[+3  7e7 ,! head ( 
ea* executive ag5cy %all-- 7#a7 9       
e/abli%+ ! int]nal acc\nt+ &            
adm9i/rative controls "u subsection 7c71
 id5tify ! key f9ancial managem5t       
in=mation ne$$ = effective f9ancial     
managem5t & decision mak+2 &  7#b7      
annually assess & make a conclusion on !
 effectiv5ess ( ! int]nal controls ( !  
executive ag5cy ov] f9ancial report+ &  
key f9ancial managem5t in=mation        
id5tifi$ "u p>agraph 7#a74  4  7c7      
,audits by ag5cies ,section #ceba (     
title #ca1 ,unit$ ,/ates ,code1 is      
am5d$-- 7#a7 9 subsection 7e7-- 7,a7 by 

r$esignat+ p>agraphs 7#a7 & 7#b7 z      
subp>agraphs 7,a7 & 7,b71 respectively1 
& adju/+ ! m>g9s accord+ly2  7,b7 by    
/rik+ 7e7 ,ea* f9ancial & ins]t+ 7e77#a7
 ,ea* f9ancial2  7,c7 9 p>agraph 7#a71 z
 s designat$1 by /rik+ /&>ds-- & ins]t+ 
/&>ds42 &  7,d7 by ins]t+ aft] p>agraph 
7#a71 z s designat$1 ! foll[+3  7#b7 ,z 
"p ( ea* audit "u ?is subsection1 !     
auditor %all-- 7,a7 evaluate ! design ( 
! int]nal control ( ! ag5cy ov] f9ancial
 report+ & key f9ancial in=mation1 z    
assess$ & report$ on by ! head ( ! ag5cy
 "u section #ceab7;d77#b77;,c7 ( ?is    
title2  7,b7 det]m9e :e!r ^? controls h 
be5 implem5t$2  7,c7 = controls t are   
prop]ly design$ & implem5t$1 p]=m       
suffici5t te/s ( ^? controls to conclude
 :e!r ! controls are op]at+ effectively1
 includ+ suffici5t te/s to support a l[ 
level ( assess$ control risk2 &  7,d7   
communicate controls t ! auditor        
concludes are n suitably design$ &      
implem5t$ or are n op]at+ effectively1 z
 appropriate "u applicable g5]ally      

accept$ gov]nm5t audit+ /&>ds4  7#c7    
,audits "u ?is subsection %all be       
conduct$--  2 &  7#b7 9 subsection 7h71 
by /rik+ section                        
#ceab7;a77#c77;,b77viii7 & ins]t+       
section #ceab7;a77#b77;,b77viii74  7d7  
,te*nical & con=m+ am5dm5t ,section     
#ccdh7;e7 ( title #e1 ,unit$ ,/ates     
,code1 is am5d$-- 7#a7 9 p>agraph 7#c71 
by add+ or at ! end2  7#b7 by /rik+     
p>agraph 7#d72 &  7#c7 by r$esignat+    
p>agraph 7#e7 z p>agraph 7#d74  ,pass$ !
 ,s5ate ,decemb] #af1 #bjbj4,secret>y