Vote Smart's Synopsis:

Vote to pass a bill that requires agencies to develop plans for preventing fraud and improper payments relating to federal emergency spending.

Highlights:

• Requires agencies to develop and implement plans for preventing fraud and improper payments relating to federal emergency spending (e.g., providing funding relating to disasters or pandemics) (Sec. 2).

• Requires the Office of Management and Budget (OMB) to issue, and review every three years, guidance to agencies for developing plans with appropriate internal controls (Sec. 2).

• Specifies that the guidance must incorporate the current Government Accountability Office frameworks for managing fraud risk in federal programs and managing improper payments in federal emergency assistance (Sec. 2).

• Requires agencies to submit to OMB plans within one year of the bill’s enactment that include procedures to (Sec. 2):

• evaluate the risk of financial loss to the federal government caused by improper payments and fraud relating to the agency’s federal emergency spending;

• develop risk reduction strategies that are, to the extent possible, implemented prior to expenditure; and

• adopt payment monitoring to identify and reduce improper and fraudulent payments (e.g., anomaly detection).

• Requires agencies to revise and resubmit plans, as necessary at least every three years (Sec. 2).

• Requires OMB to annually submit the plans to Congress along with information relating to helping agencies implement the plans and legislative recommendations for emergency appropriations (Sec. 2).

Full Bill Text

Full Bill Text