Federal Fiscal and Budgetary Information Act

Summary

Federal Fiscal and Budgetary Information Act - Requires the Secretary of the Treasury and the Director of the Office of Management and Budget, in cooperation with the Comptroller General of the United States, to develop, establish, and maintain, for use by all Federal agencies, standardized data and information systems for fiscal, budgetary, and program-related data and information. States that the Comptroller General of the United States, in cooperation with the Secretary of the Treasury and the Director of the Office of Management and Budget, shall develop, establish, maintain, and publish standard terminology, definitions, classifications, and codes, for Federal fiscal, budgetary, and program-related data and information. Directs the Comptroller General of the United States to submit to both Houses of the Congress, on or before January 1, 1974, a report containing his recommendations for the initial standard terms, definitions, and classifications, as described in this Act, and shall recommend legislation to implement them. States that upon request of any committee of either House, of any joint committee of the two Houses, or of the Comptroller General of the United States, the Secretary of the Treasury, the Director of the Office of Management and Budget, or the heads of the various executive agencies shall: (1) furnish to the congressional committee, the joint committee, or the Comptroller General, information as to the location and nature of available fiscal, budgetary, and program-related data and information; (2) prepare summary tables of such data and information and any related information deemed necessary by the requesting committee, joint committee, or the Comptroller General; and (3) furnish any program evaluations conducted or commissioned by any executive agency as deemed necessary by the requesting committee, joint committee, or the Comptroller General. Directs the Comptroller General of the United States, to the extent he deems necessary, to develop, establish, and maintain a central file or files of the data and information required to carry out the purposes of this Act.

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1 official file

• Introduced in Senate

  summary · EN · 14 March 1973

  Open at official source

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