Chief Financial Officers Act of 1990

Summary

Chief Financial Officer Act of 1990 - Title I: General Provisions - Sets forth congressional findings with respect to the financial management systems of the Federal Government. Declares the purposes of this Act to be to improve such systems. Title II: Establishment of Chief Financial Officers - Amends Federal law to create a Deputy Director for Management within the Office of Management and Budget (OMB), appointed by the President. Requires the Deputy Director, under the general supervision of the Director of OMB, to coordinate and supervise OMB's general management functions. Makes the Director of OMB the Chief Financial Officer (CFO) of the United States to provide overall direction and leadership to the executive branch on financial management matters. Establishes in OMB an Office of Federal Financial Management, headed by the Controller of the United States who shall be appointed by the President. Authorizes the Director of OMB to delegate to the Controller all functions relating to financial management. Transfers to such Office all functions, powers, or duties of Federal agencies (except those of the Offices of the Inspectors General) which relate to such Office. Establishes within each specified agency an agency Chief Financial Officer, to be appointed or designated by the President. Sets forth the duties of such Officers regarding financial management matters. Establishes within each such agency an agency Deputy Chief Financial Officer to report directly to the agency Chief Financial Officer. Requires the head of each such agency to submit to the Director of OMB a proposal for reorganizing the agency with respect to financial management functions. Requires implementation of such proposal upon the Director's approval. Title III: Enhancement of Federal Financial Management Activities - Requires the Director of OMB to develop and maintain a Government-wide financial management plan describing the activities the Director, the Controller, and the agency CFOs will conduct over the next five fiscal years to improve the financial management of the Government. Prescribes the contents of such plan. Requires the Director to report to the President and the Congress within one year of enactment of this Act on the plan and annually thereafter with a revised plan to cover the succeeding five fiscal years. Establishes a Chief Financial Officers Council consisting of the Controller, the Fiscal Assistant Secretary of the Treasury, and the agency CFOs. Requires each agency to prepare financial statements for submission to the Director and the Controller. Requires the Director to report to the Congress on which executive agencies perform substantial commercial functions for which financial statements practicably can be prepared. Provides for audits of such statements. Revises the mandate and general procedures for: (1) the audit of financial statements of Government corporations; and (2) the annual management reports of such corporations.

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

Timeline

1. 21 September 1990

   Introduced

   Referred to the House Committee on Government Operations.

   Source: IntroReferral

2. 21 September 1990

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 September 1990

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 September 1990

   Referred

   Referred to the Subcommittee on Legislation and National Security.

   Source: Committee

5. 25 September 1990

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

6. 25 September 1990

   Committee

   Forwarded by Subcommittee to Full Committee (Amended).

   Source: Committee

7. 26 September 1990

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

8. 26 September 1990

   Reported

   Ordered to be Reported (Amended).

   Source: Committee

9. 6 October 1990

   Reported

   Reported (Amended) by the Committee on Government Operations. H. Rept. 101-818, Part I.

   Source: Committee

10. 6 October 1990

    Introduced

    Referred sequentially to the House Committee on Post Office and Civil Service for a period ending not later than Oct. 9, 1990 for consideration of such provisions of the bill and amendment as fall within the jurisdiction of that committee pursuant to clause 1(o), Rule X.

    Source: IntroReferral

11. 6 October 1990

    Reported

    Reported (Amended) by the Committee on Government Operations. H. Rept. 101-818, Part I.

    Source: Committee

12. 10 October 1990

    Calendars

    Placed on the Union Calendar, Calendar No. 526.

    Source: Calendars

13. 10 October 1990

    Discharge

    Committee on Post Office and Civil Service discharged.

    Source: Discharge

14. 10 October 1990

    Committee

    Committee on Post Office and Civil Service discharged.

    Source: Committee

15. 15 October 1990

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

    Source: Floor

16. 15 October 1990

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

17. 15 October 1990

    Passed

    The title of the measure was amended. Agreed to without objection.

    Source: Floor

18. 15 October 1990

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

    Source: Floor

19. 15 October 1990

    Floor

    DEBATE - The House proceeded with forty minutes of debate.

    Source: Floor

20. 15 October 1990

    Passed

    On ordering a second Agreed to without objection.

    Source: Floor

21. 15 October 1990

    Floor

    Considered under suspension of the rules.

    Source: Floor

22. 15 October 1990

    Floor

    Mr. Horton demanded a second on the motion to suspend the rules.

    Source: Floor

23. 15 October 1990

    Floor

    Mr. Conyers moved to suspend the rules and pass the bill, as amended.

    Source: Floor

24. 24 October 1990

    Introduced

    Received in the Senate, read twice.

    Source: IntroReferral

25. 27 October 1990

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

26. 27 October 1990

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.

    Source: Floor

27. 28 October 1990

    Passed

    Resolving differences -- House actions: On motion that the House agree to the Senate amendments Agreed to by voice vote.

    Source: NotUsed

28. 28 October 1990

    Floor

    DEBATE - The House proceeded with forty minutes of debate on the motion.

    Source: Floor

29. 28 October 1990

    ResolvingDifferences

    Mr. Shays demanded a second on the motion to suspend the rules. Without objection a second was ordered.

    Source: ResolvingDifferences

30. 28 October 1990

    ResolvingDifferences

    Mr. Conyers moved that the House suspend the rules and agree to the Senate amendments.

    Source: ResolvingDifferences

31. 28 October 1990

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

32. 28 October 1990

    Passed

    On motion that the House agree to the Senate amendments Agreed to by voice vote.

    Source: ResolvingDifferences

33. 5 November 1990

    Floor

    Measure Signed in Senate.

    Source: Floor

34. 6 November 1990

    Floor

    Presented to President.

    Source: Floor

35. 6 November 1990

    President

    Presented to President.

    Source: President

36. 15 November 1990

    Became law

    Became Public Law No: 101-576.

    Source: President

37. 15 November 1990

    Became law

    Signed by President.

    Source: BecameLaw

38. 15 November 1990

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

• Engrossed Amendment Senate · — · Download file
• Engrossed in House · — · Download file
• Enrolled Bill · — · Download file
• Introduced in House · — · Download file
• Received in Senate · — · Download file
• Reported in House · — · Download file

Documents

9 official files

• Reported in House (text)

  Reported in House · EN

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• Received in Senate (text)

  Received in Senate · EN

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House (text)

  Introduced in House · EN

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• Enrolled Bill (text)

  Enrolled Bill · EN

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  Vertaal document

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• Engrossed in House (text)

  Engrossed in House · EN

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Engrossed Amendment Senate (text)

  Engrossed Amendment Senate · EN

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Public Law (PDF)

  Public Law · EN · 16 November 1990

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  Vertaal document

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• Passed Senate amended

  summary · EN · 27 October 1990

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  Vertaal document

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• Introduced in House

  summary · EN · 21 September 1990

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  Vertaal document

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Sponsors

• Rep. Conyers, John, Jr. [D-MI-13] · D · Sponsor
• · hspo00 · Standing
• · hsgo00 · Standing

Related records

• related to → Federal Management Reform Act of 1990
• amends ← To amend title 31, United States Code, to improve the general and financial management of the Federal Government.

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