#aaith ,,congress #b;d ,session ,h4 ,r4 #hdff ,,an ,,act ,to require certain agencies to develop plans for internal control in the event of an emergency or crisis1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,taxpayer ,resources ,used in ,emergencies ,accountability ,act or the ,,true ,accountability ,act4 #b4 ,,omb guidance 7a7 ,plans for emergency spending ,subchapter ,,iv of chapter #cc of title #ca1 ,united ,states ,code is amended by adding at the end the following new section3 #ccei4 ,requirement for financial and administrative controls for emergency spending 7a7 ,definitions ,in this section3 7#a7 ,covered agency ,the term covered agency means an agency described in section #ija7;b74 7#b7 ,director ,the term ,director means the ,director of the ,office of ,management and ,budget4 7#c7 ,internal control ,the term internal control means a process that is-- 7,a7 affected by the management and other personnel of an entity2 and 7,b7 designed to provide reasonable assurance with respect to the achievement of objectives relating to-- 7i7 effectiveness and efficiency of operations2 7ii7 reliability of financial reporting2 and 7iii7 compliance with applicable law4 7b7 ,guidance 7#a7 ,in general ,not later than #ahj days after the date of the enactment of this section1 the ,director shall issue1 and every #c years thereafter review and if necessary update1 guidance to covered agencies for the development of plans for internal control that are ready or adaptable for immediate use in a future disaster1 pandemic1 economic relief1 or other such emergency supplemental appropriations legislative measure4 7#b7 ,contents ,the guidance issued under paragraph 7#a7 shall-- 7,a7 incorporate relevant governmentwide documents and best practices for preventing improper payments and mitigating fraud risks in ,federal programs1 including the documents of the ,government ,accountability ,office entitled ,a ,framework for ,managing ,improper ,payments in ,emergency ,assistance ,programs and ,a ,framework for ,managing ,fraud ,risks in ,federal ,programs 7or any successor documents72 and 7,b7 require a plan for internal control of each covered agency that shall include-- 7i7 the identification of a senior official of the covered agency to be responsible and accountable for the implementation of the plan2 and 7ii7 policies and procedures to timely-- 7,i7 in accordance with paragraph 7#c71 assess the risks of improper payments and fraud relating to the implementation of any supplemental appropriation1 or other increase in budget authority1 that may be made available to the covered agency for a purpose relating to implementing a disaster1 pandemic1 economic relief1 or other such emergency supplemental appropriations legislative measure2 7,,ii7 develop and implement mitigation strategies to reduce the risks described in subclause 7,i71 including any change to internal controls1 to ensure that1 to the greatest extent possible1 appropriate controls are in place prior to the expenditure of funds2 and 7,,iii7 adopt real-time1 data driven payment monitoring techniques to identify and reduce improper and fraudulent payments1 such as anomaly detection1 volume plausibility checks1 and network analysis4 7#c7 ,assessment of risk ,the assessment of risk required by paragraph 7#b77;,b77ii77,i7 shall include a substantive evaluation of the risk of financial loss to the ,federal ,government caused by improper payments and fraud that shall include with respect to the relevant agency program or activity-- 7,a7 an assessment of the likelihood and impact of inherent risks affecting the agency program or activity2 7,b7 an identification of the risk tolerance2 and 7,c7 an assessment of the suitability of existing controls and prioritization of residual risks4 7c7 ,plan submission 7#a7 ,in general ,not later than #a year after the date of the enactment of this section1 the head of each covered agency shall submit to the ,director the plan required by subsection 7b77#b77;,b74 7#b7 ,revisions ,not later than #c years after the date on which the head of a covered agency submits a plan under paragraph 7#a71 and not less frequently than once every #c years thereafter1 the head of each covered agency shall-- 7,a7 review and1 if necessary1 revise the plan of the covered agency2 and 7,b7 submit to the ,director any revised plan of the covered agency4 7#c7 ,submission to ,congress ,not later than #ae months after the date of the enactment of this section1 and not less frequently than annually thereafter1 the ,director shall assemble and submit to the ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate and the ,committee on ,oversight and ,government ,reform of the ,house of ,representatives the plans submitted by covered agencies under paragraph 7#a7 and a summary of the plans to help agencies prepare to implement such plans1 including any action planned to harmonize the agency programs and activities and any legislative recommendations for a future disaster1 pandemic1 economic relief1 or other emergency supplemental appropriation4 7d7 ,after-action review 7#a7 ,in general ,not later than #ahj days after the initial obligation of funds under any emergency supplemental appropriations legislative measure for a disaster1 pandemic1 economic relief1 or other emergency1 the head of each covered agency that obligates such funds shall submit1 in consultation with the ,inspector ,general of the covered agency1 to the ,director an after-action review of the implementation of the plan required by subsection 7b77#b77;,b7 relevant to such emergency supplemental appropriations legislative measure4 7#b7 ,contents ,each after-action review required by paragraph 7#a7 shall include the following3 7,a7 ,an assessment of the effectiveness of the internal controls implemented pursuant to the relevant plan in preventing and detecting improper payments and fraud1 including the effectiveness of any real-time1 data driven payment monitoring techniques used to identify and reduce improper payments and fraud4 7,b7 ,a description of any significant control failures or gaps and any fraud risks identified during such implementation4 7,c7 ,a summary of the number and amount of improper payments made per agency program or activity4 7,d7 ,an explanation of any plan to recover any funds lost as a result of any such improper payment4 7,e7 ,any recommendations for improving internal controls for future emergency supplemental appropriations legislative measures4 7#c7 ,incorporation ,the ,director shall incorporate the findings of each after-action review required by paragraph 7#a7 into each submission required under subsection 7c77#c71 including by identifying common challenges1 effective practices1 and opportunities to improve internal controls across covered agencies4 4 7b7 ,technical and conforming amendment ,the table of sections for chapter #cc of title #ca1 ,united ,states ,code1 is amended by inserting after the item relating to section #cceh the following3 #ccei4 ,requirement for financial and administrative controls for emergency spending4 4 7c7 ,no additional funds ,no additional funds are authorized to be appropriated for the purpose of carrying out this ,act4 ,passed the ,house of ,representatives ,june #h1 #bjbf4;,clerk4