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S 1707 117th Congress Senate Armed Forces and National Security Accounting and auditing Budget deficits and national debt Defense spending Department of Defense Executive agency funding and structure

Audit the Pentagon Act of 2021

Introduced: May 19, 2021 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 19, 2021
Read twice and referred to the Committee on Armed Services.
May 19, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

Audit the Pentagon Act of 2021

This bill requires the Department of Defense (DOD) to reduce spending for any department, agency, or other DOD element that DOD determines has not achieved an unqualified opinion on its full financial statements for the calendar year ending during that fiscal year.

Specifically, the amount available to such department, agency, or element for the fiscal year when the determination is made must be 1% less than the amount otherwise authorized to be appropriated. Amounts unavailable to such department, agency, or element must be applied on a pro rata basis against each program, project, and activity.

DOD must deposit such unavailable amounts in the general fund of the Department of the Treasury for purposes of deficit reduction.

What's happening now May 19, 2021

Read twice and referred to the Committee on Armed Services.

 Committees of jurisdiction 1