S 1700 109th Congress Senate Emergency Management Accounting Advice and consent of the Senate Alabama Chief financial officers Commerce Congress Congressional investigations Congressional reporting requirements Construction costs Disaster relief Displaced persons Economics and Public Finance Executive Office of the President Executive reorganization Finance and Financial Sector Floods Florida Government Operations and Politics Government contractors

Oversight of Vital Emergency Recovery Spending Enhancement and Enforcement Act of 2005

Introduced: September 14, 2005 See on congress.gov

Everywhere this bill has been 5 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 27, 2005

Placed on Senate Legislative Calendar under General Orders. Calendar No. 226.

Sep 27, 2005

Committee on Homeland Security and Governmental Affairs. Reported by Senator Collins with an amendment in the nature of a substitute. Without written report.

Sep 22, 2005

Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

Sep 14, 2005

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sep 14, 2005

Introduced in Senate

Plain-English summary Congressional Research Service

Oversight of Vital Emergency Recovery Spending Enhancement and Enforcement Act of 2005 - Establishes within the Executive Office of the President the Office of the Hurricane Katrina Recovery Chief Financial Officer (CFO), who shall be appointed by the President, by and with the advice and consent of the Senate.

Makes the CFO responsible for the efficient and effective use of federal funds in all activities relating to the recovery from Hurricane Katrina.

Requires the CFO to strive to ensure that priority in the distribution of federal: (1) relief funds is given to individuals and organizations most in need of financial assistance; and (2) reconstruction funds is given to business entities based in Louisiana, Mississippi, Alabama, or Florida, or business entities that hire workers who resided in those states on August 24, 2005.

Requires the CFO also to: (1) oversee all financial management activities relating to the programs and operations of the Hurricane Katrina recovery effort; (2) develop and maintain an integrated accounting and financial management system; and (3) monitor the financial execution of the budget of federal agencies relating to recovery from Hurricane Katrina in relation to actual expenditures.

Requires the CFO to submit a monthly financial report to specified congressional committees.

Requires the Government Accountability Office (GAO) to provide quarterly reports to such congressional committees relating to all activities and expenditures overseen by the office.

Authorizes appropriations.

Terminates the office and the position of CFO one year after enactment of this Act. Authorizes the President, however, to extend the office and the position annually for up to five years.

What's happening now September 27, 2005

Placed on Senate Legislative Calendar under General Orders. Calendar No. 226.

Committees of jurisdiction 1