HR. 8340In Committee
Taxpayer Funds Oversight and Accountability Act
Require the Office of Management and Budget to issue recurring governmentwide financial management plans and expand agency Chief Financial Officers' duties over budgeting, performance, risk, and financial systems
Plain-English overview
What this bill does
Require the Office of Management and Budget to issue recurring governmentwide financial management plans and expand agency Chief Financial Officers' duties over budgeting, performance, risk, and financial systems
Key points
- Require governmentwide financial management plans
- Require annual status reports
- Expand Chief Financial Officer duties
Current status
Where it stands
Status
In Committee
Latest action
2026-06-11 — Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Related context
Topics and policy areas
undefinedAccounting and auditingBudget processCongressional oversightEconomics and Public FinanceExecutive agency funding and structureFederal officialsGovernment Operations and Politics