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CFO Vision Act of 2020
Legislative Progress
Introduced
February 12, 2020
Latest Action
December 17, 2020
Primary Sponsor
Michael B. EnziRepublican(WY)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
96pct
309d open
vs 5,086 other S bills in the 116th — cohort avg 30d
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.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (5)
2020 · fourth_quarter · Government Issues
S. 3287 CFO Vision Act of 2020, general issues regarding federal government financial management; Public Law No: 116-152, Great American Outdoors Act, general issues regarding implementation of fund disbursement; Public Law No. 116-136 Coronavirus Aid, Relief, and Economic Security (CARES) Act, general issues regarding technology and program implementation by federal agencies; H.R. 2575 / S. 1363 AI in Government Act of 2019, general issues regarding technology in government; S. 375 Payment Integrity Information Act of 2019, general issues regarding improper payments; H.R. 2586/S. 1275 Federal Agency Customer Experience Act, general issues regarding government operations and efficiency; and General issues regarding telework modernization.
Held at the desk.
Received in the House.
Message on Senate action sent to the House.
Passed Senate with an amendment by Unanimous Consent. (text: CR S7560-7561)
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR S7560-7561)
The committee substitute as amended agreed to by Unanimous Consent. (text: CR S7558-7560)
Measure laid before Senate by unanimous consent. (consideration: CR S7558-7561)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 572.
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.
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC)
2020 · fourth_quarter · Government Issues
Issues related to NewPay, FITARA reform, and the CFO Vision Act (S. 3287).
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · fourth_quarter · Accounting
Issues impacting the accounting and auditing profession; Corporate Transparency Act of 2019, H.R. 2513; ILLICIT CASH Act, S. 2563; Independence of accounting standard setting, H.R. 4565; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including PCAOB Enforcement Transparency Act of 2019, S. 1256 and draft House bill; and Whistleblower Protection Act of 2019, H.R. 3625, Holding Foreign Companies Accountable Act, H.R. 7000 and S. 945; National Defense Authorization Act for Fiscal Year 2021, H.R. 6395 and S. 4049; National Defense Authorization Act for Fiscal Year 2020, H.R. 2500; Implementation of John S. McCain National Defense Authorization Act for Fiscal Year 2019, P.L. 115-222; Issues related to disclosure requirements; Cybersecurity issues; Authorization to provide funding to IFRS Foundation - FY 2021 Financial Services General Government Appropriations; Accounting treatment of troubled-debt restructurings; CFO Vision Act, S. 3287.
Client expense: $1,160,000 · Firm income: Not reported
Government targets: Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), SENATE, Small Business Administration (SBA), Treasury, Dept of
Corporate Transparency Act of 2019, H.R. 2513; ILLICIT CASH Act, S. 2563; Independence of accounting standard setting, H.R. 4565; PCAOB matters, including disciplinary proceedings, inspections, and whistleblowers, including S. 1256, H.R. 3625, S. 945, and draft House companion legislation; National Defense Authorization Act for Fiscal Year 2020, H.R. 2500; National Defense Authorization Act for Fiscal Year 2021, H.R. 6395 and S. 4049; Implementation of John S. McCain National Defense Authorization Act for Fiscal Year 2019, P.L. 115-222; Issues related to disclosure requirements; CFO Vision Act, S. 3287.
Client expense: $680,000 · Firm income: Not reported
Government targets: Defense Finance & Accounting Service (DFAS), Defense, Dept of (DOD), Executive Office of the President (EOP), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2020 · fourth_quarter · Government Issues
Issues related to federal agency data management S.3287, CFO Vision Act of 2020 Issues related to reform of the US Postal Service
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES
2020 · third_quarter · Government Issues
Issues related to federal agency data management S.3287, CFO Vision Act of 2020 Issues related to reform of the US Postal Service
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · second_quarter · Government Issues
Issues related to federal agency data management S.3287, CFO Vision Act of 2020 Issues related to reform of the US Postal Service
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · first_quarter · Government Issues
Issues related to federal agency data management S.3287, CFO Vision Act of 2020
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1043-1044)
Introduced in Senate
| Republican |
| OK |
| Kelly Loeffler | Republican | GA |
| Kyrsten Sinema | Independent | AZ |
| Margaret Wood Hassan | Democratic | NH |
| Mark R. Warner | Democratic | VA |
| Mike Braun | Republican | IN |
| Ron Johnson | Republican | WI |