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Taxpayer Funds Oversight and Accountability Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
88pct
56d open
vs 10,940 other HR bills in the 119th — cohort avg 30d
Taxpayer Funds Oversight and Accountability Act This bill requires the Office of Management and Budget (OMB) to take certain actions to improve financial management systems across the federal government and expands the responsibilities of federal agency Chief Financial Officers (CFOs). The bill requires OMB to submit a four-year governmentwide financial management plan to Congress within 12 months of enactment and thereafter with the budget submitted in the first full fiscal year following the start of a presidential term. Such plans must address certain topics, including strategies for (1) improving financial management systems; (2) strengthening the financial management workforce; and (3) reporting performance and cost information. OMB must annually submit related status reports to Congress and the Government Accountability Office (GAO). Each agency CFO is assigned new responsibilities, including preparing the agency plan to implement OMB's governmentwide financial management plan; overseeing and, unless otherwise specified in law, providing leadership in the areas of budget formulation and execution, planning and performance, risk management, internal controls, financial systems, accounting, and other areas designated by OMB; coordinating with relevant senior agency personnel on the strategic planning, performance measurement and reporting, and risk management functions of the agency; managing the formulation and financial execution of the agency budget; coordinating with the responsible agency official to ensure performance and cost information are linked; and preparing annual reports on progress in implementing the governmentwide financial management plan and transmitting such reports to the agency head, OMB, GAO, and Congress.
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Filing registrants (2)
2026 · third_quarter · Accounting
Pre-Payment Fraud Prevention and Treasury Data Access Act -H.R. 8463 Stopping Fraudulent Payments Act -H.R. 8464 Fraud Prevention and Accountability Act -H.R. 8312 Federal Program Integrity and Fraud Prevention Act of 2025 -H.R. 6916 Bonuses for Cost-Cutters and Fraud Preventers Act -H.R. 428 Zeroing Out Monetary Benefits Improperly Expended Act -H.R. 8467 Taxpayer Resources Used in Emergencies Accountability Act -H.R. 8466 Taxpayer Funds Oversight and Accountability Act -H.R. 8340 Government Audit and Accountability of Federally Funded State-Administered Programs Act -H.R. 8107 Federal Fraud Prevention Workforce Training Act -H.R. 8428 Timely and Accurate Benefits Act -H.R. 1755 Mitigating fraud/forensics in DOL benefit programs Mitigating fraud/forensics in DHS component agencies
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Considered as unfinished business. (consideration: CR H4079)
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Gill (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
DEBATE - The House proceeded with forty minutes of debate on H.R. 8340.
Considered under suspension of the rules. (consideration: CR H3931-3933; text: CR H3931-3932)
Mr. Gill (TX) moved to suspend the rules and pass the bill, as amended.
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $250,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL)
2026 · second_quarter · Accounting
Pre-Payment Fraud Prevention and Treasury Data Access Act (H.R. 8463) (Comer) (Oversight; W&M) Stopping Fraudulent Payments Act (H.R. 8464) (Comer) Fraud Prevention and Accountability Act (H.R. 8312) (Sessions) Federal Program Integrity and Fraud Prevention Act of 2025 (H.R. 6916) (Self-Randall) Bonuses for Cost-Cutters and Fraud Preventers Act (H.R. 428) (Fleischmann-Case) Zeroing Out Monetary Benefits Improperly Expended Act (H.R. 8467) (Palmer) Taxpayer Resources Used in Emergencies (TRUE) Accountability Act (H.R. 8466) (Biggs-Subramanyam) Taxpayer Funds Oversight and Accountability Act (H.R. 8340) (Min-Timmons) (formerly H.R. 1558; Connolly) Government Audit and Accountability of Federally Funded State-Administered Programs Act (H.R. 8107) (Khanna-Burchett) Federal Fraud Prevention Workforce Training Act (H.R. 8428) (Grothman-Krishnamoorthi) Timely and Accurate Benefits Act (H.R. 1755) (Timmons-Frost) Fraud/forensics re: welfare programs
Client expense: $150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL)
2026 · second_quarter · Government Issues
S.3709 - Streamlining Federal Grants Act H.R. 8464 - Stop Fraudulent Payments Act H.R. 8312 - Fraud Prevention and Accountability Act H.R. 8463 - Pre-Payment Fraud Prevention and Treasury Data Access Act H.R. 1755 - Timely and Accurate Benefits Act H.R. 8467 - Zeroing Out Monetary Benefits Improperly Expended (ZOMBIE) Act H.R. 8428 - Federal Fraud Prevention Workforce Training Act H.R. 8466 - Taxpayer Resources Used in Emergencies (TRUE) Accountability Act H.R. 8340 - Taxpayer Funds Oversight and Accountability Act H.R. 8107 - Government Audit and Accountability of Federally Funded State-Administered Programs Act Grants and contracting reform Save the Combined Federal Campaign Office of Management and Budget changes to the System for Award Management (SAM) Office of Management and Budget changes to the Uniform Guidance
Client expense: $95,510 · Firm income: Not reported
Government targets: General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE
Ordered to be Reported (Amended) by the Yeas and Nays: 40 - 0.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Oversight and Government Reform.
Introduced in House
Congress.gov source codes: 1000, Intro-H