Search Results: keywords:"chief financial officers"

  • S. 4700 — To modify the governmentwide financial management plan, and for other purposes.
    Status:Reported to Senate
    Words:6,863

    The "Improving Federal Financial Management Act," as described in bill S. 4700, seeks to enhance the financial management across the U.S. federal government. It proposes modifications to existing laws to establish a 4-year governmentwide financial management plan, replacing the previous...

    Simple Explanation

    The bill is like a new rulebook to help the U.S. government keep track of its money better. It wants the people in charge of the money to plan smarter, make reports easier to read, and share what they find to keep everything clear and fair.

  • S. 4700 — To modify the governmentwide financial management plan, and for other purposes.
    Status:Introduced in Senate
    Words:3,429

    The bill S. 4700, titled the "Improving Federal Financial Management Act," aims to enhance financial oversight and efficiency across U.S. government agencies. It updates the responsibilities of agency Chief Financial Officers to include comprehensive planning and performance metrics for...

    Simple Explanation

    The bill S. 4700 is like a plan to help the U.S. government keep track of its money better by asking special money helpers in each office to make and share smart money-saving plans and do careful check-ups to make sure everything is going well.

  • S. 2924 — To amend title 31, United States Code, to improve the management of improper payments, and for other purposes.
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    Status:Reported to Senate
    Words:3,259

    The bill, titled the "Safeguarding the Transparency and Efficiency of Payments Act" or "STEP Act," aims to improve the management and prevention of improper payments by amending title 31 of the United States Code. It introduces more robust definitions and requirements for chief financial...

    Simple Explanation

    The "STEP Act" is a plan to help government workers stop mistakes with money without giving them more money to do it, which might make their jobs harder.