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S 3287 116th Congress Senate Government Operations and Politics Accounting and auditing Budget process Congressional oversight Executive agency funding and structure Federal officials Performance measurement

CFO Vision Act of 2020

Introduced: February 12, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 12 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2020
Held at the desk.
Dec 17, 2020
Received in the House.
Dec 17, 2020
Message on Senate action sent to the House.
Dec 16, 2020
Passed Senate with an amendment by Unanimous Consent. (text: CR S7560-7561)
Dec 16, 2020
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR S7560-7561)
Dec 16, 2020
The committee substitute as amended agreed to by Unanimous Consent. (text: CR S7558-7560)
Dec 16, 2020
Measure laid before Senate by unanimous consent. (consideration: CR S7558-7561)
Oct 19, 2020
Placed on Senate Legislative Calendar under General Orders. Calendar No. 572.
Oct 19, 2020
Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment in the nature of a substitute. With written report No. 116-278.
Jul 22, 2020
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Feb 12, 2020
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1043-1044)
Feb 12, 2020
Introduced in Senate
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

1 agreed to

AmendmentSponsorPurposeStatusLatest action
SAMDT 2,711 — To improve the bill. Agreed to Dec 16, 2020
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 Plain-English summary Congressional Research Service

CFO Vision Act of 2020

This bill establishes or modifies provisions to provide for standardized government-wide financial management requirements.

Each agency Chief Financial Officer must oversee and provide leadership in the areas of budget formulation and execution, planning and performance, risk management, internal controls, financial systems, and accounting.

The bill requires the government-wide financial management plan to include actions for improving financial management systems, strengthening the federal financial management workforce, and linking performance and cost information to budget decision-making.

The bill requires (1) the development of financial management performance-based metrics, and (2) an assessment of performance by such metrics to be included in the government-wide and agency-level financial management plans and status reports. Specifically, each agency shall annually assess and make a conclusion on the effectiveness of its internal controls over financial reporting and key financial management information.

What's happening now December 17, 2020

Held at the desk.

 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 3 Republican 3
D
Peters, Gary C.
Michigan · Jul 20, 2020
 D
Hassan, Margaret Wood
New Hampshire · May 21, 2020
 R
Grassley, Chuck
Iowa · Feb 12, 2020
 R
Johnson, Ron
Wisconsin · Feb 12, 2020
 R
Lankford, James
Oklahoma · Feb 12, 2020
 D
Warner, Mark R.
Virginia · Feb 12, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3287: CFO Vision Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-S-3287/
MLA
"S. 3287: CFO Vision Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3287/.
Bluebook (legal)
S. 3287, 116th Cong. (2026), https://openamerica.io/bill/116-S-3287/.
Markdown link
[S. 3287: CFO Vision Act of 2020](https://openamerica.io/bill/116-S-3287/)
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