US SB327 | 2015-2016 | 114th Congress

Status

Spectrum: Slight Partisan Bill (Republican 6-2-1)
Status: Introduced on February 2 2015 - 25% progression, died in committee
Action: 2015-02-02 - Read twice and referred to the Committee on Armed Services.
Pending: Senate Armed Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Audit the Pentagon Act of 2015 This bill establishes consequences if the Department of Defense (DOD) fails to obtain an audit with an unqualified opinion of its financial statements. The bill provides additional authorities and flexibility if DOD obtains an audit. If DOD obtains the audit, the bill provides that the financial statements are no longer covered by specified reporting requirements. The bill also authorizes DOD to transfer and reprogram specified funds. If DOD fails to obtains an audit for FY2016, the bill establishes additional qualifications for the Under Secretary of Defense (Comptroller) and other specified DOD financial management officials. The bill also permits the Deputy Secretary of Defense to prescribe additional duties and powers for the officials. If DOD does not obtain an audit for FY2018, the bill: (1) cancels the transfer authority provided by this Act, (2) establishes a Chief Management Officer to be responsible for the management and administration of DOD, and (3) transfers jurisdiction of the Defense Finance and Accounting Service from DOD to the Department of the Treasury. For failing to obtain an audit for fiscal years after FY2017, the bill cancels the reprogramming authority provided by this Act and prohibits DOD from using funds for certain weapons, weapons systems, or platforms being acquired as a major defense acquisition program. The bill requires DOD to amend acquisition guidance to place specified restrictions and limitations on the procurement of certain Enterprise Resource Planning business systems.

Tracking Information

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Title

Audit the Pentagon Act of 2015

Sponsors


History

DateChamberAction
2015-02-02SenateRead twice and referred to the Committee on Armed Services.

Same As/Similar To

SB300 (Same As) 2015-01-29 - Read twice and referred to the Committee on Armed Services.

Subjects


US Congress State Sources


Bill Comments

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