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H.R. 7164 117th Congress House

CFO Vision Act of 2022

Official title: To modify the governmentwide financial management plan, and for other purposes.

Introduced: March 24, 2022 See on congress.gov
Government Operations and Politics Accounting and auditingBudget processCongressional oversightExecutive agency funding and structure
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 2022
Referred to the House Committee on Oversight and Reform.
Mar 18, 2022
Introduced in House
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 Latest action March 18, 2022

Referred to the House Committee on Oversight and Reform.

 Plain-English summary Congressional Research Service

CFO Vision Act of 2022

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, accounting, and other areas as the Office of Management and Budget may designate.

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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Norton, Eleanor Holmes
District of Columbia · Mar 24, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7164: CFO Vision Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7164/
MLA
"H.R. 7164: CFO Vision Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7164/.
Bluebook (legal)
H.R. 7164, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7164/.
Markdown link
[H.R. 7164: CFO Vision Act of 2022](https://openamerica.io/bill/117-HR-7164/)
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