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United States · Bill · HR

H.R. 12885 (94th)

Truth in Municipal Accounting Act

referredUnited States· United States Congress· EN

Introduced

30 March 1976

Last action

—

Status

Referred to House Committee on Government Operations.

Sponsors

—

Subjects

Discovery layer

Source updated

2 September 2025

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Summary

Truth in Municipal Accounting Act - Requires that States and units of local government, to qualify for revenue sharing funds, must establish to the satisfaction of the Secretary of the Treasury that they will provide the Secretary with the results of an independant audit of their financial records of the immediately preceeding fiscal year and the budgets of the current and succeeding fiscal years, if available.

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Documents

1 official file

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