,i #aag? ,,congress #b;d ,session ,h4 ,r4 #fefj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #b1 #bjbb,ms4 ,br[n ( ,ohio 7= h]self1 ,mrs4 ,c>olyn ,b4 ,maloney ( ,new ,york1 & ,mr4 ,kell]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committees on ,en]gy & ,comm]ce1 ,ways & ,means1 ,transportation & ,infra/ructure1 ,h\se ,adm9i/ration1 ,ov]sight & ,re=m1 & ! ,judici>y1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to elim9ate or modify c]ta9 m&ates ( ! ,gov]nm5t ,acc\ntability ,(fice1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,gao ,audit ,m&ates ,revision ,act ( #bjbb4 #b4 ,audits modifi$ 7a7 ,export-,import bank loan & gu>antee transactions ,section #ag7;a7 ( ! ,export-,import ,bank ,reau?orization ,act ( #bjab 7#ab ,u4,s4,c4 #fce;a-#f7;a77 is am5d$ by /rik+ & p]iodically 7b n less frequ5tly ?an e #d ye>s7 !reaft]14 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 7vi7 z clauses 7i7 ?r\gh 7v71 respectively2 & 7#c7 by am5d+ subp>agraph 7,b7 to read z foll[s3 7,b7 ,reports ,n lat] ?an ,april #a ( ea* ye> = :i* a review 0 conduct$ "u subp>agraph 7,a71 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ,congress a report conta9+ ! results ( ! review ) respect to prec$+ ye>s1 toge!r ) recomm5dations = su* legislation & adm9i/rative action z ! ,comptroll] ,g5]al det]m9es appropriate4 4 7c7 ,bureau ( ,consum] ,f9ancial ,protection 7#a7 ,audit ,section #ajag7;a77#e7 ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ab ,u4,s4,c4 #edig7;a77#e77 is am5d$ to read z foll[s3 7#e7 ,audit ( ! ,bureau ,! ,bureau %all prep>e & submit to ,congress & ! ,director ( ! ,(fice ( ,managem5t & ,budget an audit$ f9ancial /atem5t = ea* fiscal ye>1 cov]+ all acc\nts & associat$ activities ( ea* (fice1 bureau1 & activity ( ! ,bureau4 ,! audit$ f9ancial /atem5t %all include ! balance %eet1 ! /atem5t ( net co/1 ! /atem5t ( *anges 9 net position1 ! /atem5t ( budget>y res\rces1 & su* comm5ts & in=mation z may be deem$ necess>y to in=m ,congress ( ! f9ancial op]ations & condition ( ! ,bureau4 ,! ,(fice ( ,inspector ,g5]al ( ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em & ! ,bureau ( ,consum] ,f9ancial ,protection %all provide = an audit ( ! f9ancial /atem5ts ( ! ,bureau on an annual basis by an indep5d5t ext]nal auditor 9 accordance ) ! ,unit$ ,/ates g5]ally accept$ gov]nm5t audit+ /&>ds z may be prescrib$ by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates4 4 7#b7 ,repeal 7,a7 ,9 g5]al ,section #ajaf;,a ( ! ,consum] ,f9ancial ,protection ,act ( #bjaj 7#ab ,u4,s4,c4 #edif;a7 is repeal$4 7,b7 ,cl]ical am5dm5t ,! table ( cont5ts "u section #a7;b7 ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act is am5d$ by /rik+ ! item relat+ to section #ajaf;,a4 7#c7 ,application ,! am5dm5ts made by p>agraphs 7#a7 & 7#b7 %all apply to any audit p]=m$ "u section #ajag ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ab ,u4,s4,c4 #edig7 or section #ajaf;,a ( ! ,consum] ,f9ancial ,protection ,act ( #bjaj 7#ab ,u4,s4,c4 #edif;a71 z am5d$ by p>agraphs 7#a7 & 7#b71 ) respect to a fiscal ye> beg9n+ on or aft] ,octob] #a1 #bjbb4 7d7 ,f$]al ,h\s+ ,f9ance ,ag5cy 7#a7 ,9 g5]al ,section #acaf ( ! ,f$]al ,h\s+ ,ent]prises ,f9ancial ,safety & ,s\ndness ,act ( #aiib 7#ab ,u4,s4,c4 #deaf7 is am5d$-- 7,a7 9 subsection 7g77#d71 by /rik+ ,comptroll] ,g5]al ( ! ,unit$ ,/ates & ins]t+ auditor ( ! f9ancial /atem5ts ( ! ,ag5cy2 & 7,b7 by /rik+ subsection 7h7 & ins]t+ ! foll[+3 7h7 ,audit ( ,ag5cy ,! ,ag5cy %all prep>e & submit to ,congress & ! ,director ( ! ,(fice ( ,managem5t & ,budget an audit$ f9ancial /atem5t = ea* fiscal ye>1 cov]+ all acc\nts & associat$ activities ( ea* (fice1 bureau1 & activity ( ! ,ag5cy4 ,! audit$ f9ancial /atem5t %all include ! consolidat$ balance %eet1 ! consolidat$ /atem5t ( net co/1 ! consolidat$ /atem5t ( *anges 9 net position1 ! comb9$ /atem5t ( budget>y res\rces1 & su* comm5ts & in=mation z may be deem$ necess>y to in=m ,congress ( ! f9ancial op]ations & condition ( ! ,ag5cy4 ,! ,ag5cy %all provide = an audit ( ! f9ancial /atem5ts ( ! ,ag5cy on an annual basis by an indep5d5t ext]nal auditor 9 accordance ) ! ,unit$ ,/ates g5]ally accept$ gov]nm5t audit+ /&>ds z may be prescrib$ by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates4 4 7#b7 ,application ,! am5dm5t made by p>agraph 7#a7 %all apply to any audit p]=m$ "u section #acaf ( ! ,f$]al ,h\s+ ,ent]prises ,f9ancial ,safety & ,s\ndness ,act ( #aiib 7#ab ,u4,s4,c4 #deaf71 z am5d$1 ) respect to a fiscal ye> beg9n+ on or aft] ,octob] #a1 #bjbb4 7e7 ,f$]al ,civil ,p5alties ,inflation ,adju/m5t ,act ( #aiij ,! ,f$]al ,civil ,p5alties ,inflation ,adju/m5t ,act ( #aiij 7#bh ,u4,s4,c4 #bdfa note7 is am5d$ by /rik+ section #g7;c74 7f7 ,report on ,highway ,tru/ ,fund adm9i/rative exp5ditures ,section #adcc ( ! ,fix+ ,am]ica's ,surface ,transportation ,act 7#bc ,u4,s4,c4 #aja note7 is am5d$ 9 subsection 7b7 by /rik+ & e #e ye>s !reaft]4 7g7 ,unit$ ,/ates ,capitol ,pres]vation ,commission ,section #hjd ( ! ,arizona-,idaho ,cons]vation ,act ( #aihh 7#b ,u4,s4,c4 #bjhd7 is repeal$4 7h7 ,s5ate ,pres]vation ,fund ,section #c7;c77#f7 ( ! ,legislative ,bran* ,appropriations ,act1 #bjjd 7#b ,u4,s4,c4 #bajh7;c77#f77 is repeal$4 7i7 ,review ( ! annual audit ( ! ,congressional ,aw>d ,f\ndation ,section #ajg ( ! ,congressional ,aw>d ,act 7#b ,u4,s4,c4 #hjg7 is am5d$-- 7#a7 9 subsection 7b71 by /rik+ & to ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates2 & 7#b7 by /rik+ subsection 7c74 7j7 ,,gao recurr+ report+ requirem5t 9 ,,gprama ,subsection 7b77#b77;,c77ii7 ( section #ae ( ! ,,gpra ,mod]nization ,act ( #bjaj 7,public ,law #aaa-ceb7 is am5d$-- 7#a7 9 clause 7,i71 by /rik+ 2 & & ins]t+ a semicolon2 7#b7 9 clause 7,,ii71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7,,iii7 beg9n+ aft] ! date ( enactm5t ( ?is subclause1 p]iodic reports on ! evaluation "u clause 7i74 4