Erroneous Payments Recovery Act of 2001

Summary

Erroneous Payments Recovery Act of 2001 - Requires each executive agency that enters into contracts with a total value in excess of $500 million in a fiscal year to carry out a cost-effective program for: (1) identifying errors made in paying contractors; and (2) recovering amounts erroneously paid. Requires the Director of the Office of Management and Budget to issue guidance for conducting such programs. Requires funds collected under such a program to be available to reimburse the agency for program expenses and to pay contractors for recovery services under the program. Requires remaining recovered amounts: (1) to be credited to the appropriations from which such payments were made that remain available for obligation; or (2) if no such appropriation remains available, to be disposed of by the affected agency head for carrying out a management improvement program (25 percent) with the remainder to be deposited in the Treasury.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 18 July 2001

   Introduced

   Referred to the House Committee on Government Reform.

   Source: IntroReferral

2. 18 July 2001

   Introduced

   Sponsor introductory remarks on measure. (CR E1355-1356)

   Source: IntroReferral

3. 18 July 2001

   Introduced

   Introduced in House

   Source: IntroReferral

4. 18 July 2001

   Introduced

   Introduced in House

   Source: IntroReferral

5. 30 July 2001

   Referred

   Referred to the Subcommittee on Government Efficiency, Financial Management and Intergovernmental Relations.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 July 2001 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 July 2001

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 July 2001

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 18 July 2001

  Open at official source

Sponsors

• Rep. Burton, Dan [R-IN-6] · R · Sponsor
• Rep. Armey, Richard K. [R-TX-26] · R · Sponsor
• · hsgo00 · Standing

Related records

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