H.R. 5687 · 101st Congress · enacted
Chief Financial Officers Act of 1990
Became Public Law No: 101-576.
Latest official action 1990-11-15 · Enacted
The bill, briefly
Chief Financial Officers Act of 1990 - Title I: General Provisions - Sets forth congressional findings with respect to the financial management systems of the Federal Government. Declares the purposes of this Act to be to improve such systems. Title II: Establishment of Chief Financial Officers - Amends Federal law to create a Deputy Director for Management within the Office of Management and Budget (OMB), appointed by the President. Requires the Deputy Director, under the general supervision of the Director of OMB, to coordinate and supervise OMB's general management functions. Establishes in OMB an Office of Federal Financial Management, headed by a Controller who shall be appointed by the President. Places the Office under the direction and control of the Deputy Director for Management and requires it to carry out specified financial management functions. Establishes within each specified agency a Chief Financial Officer. Sets forth the duties of such Officer regarding financial management matters. Establishes within each such agency an agency Deputy Chief Financial Officer to report directly to the agency Chief Financial Officer. Requires the head of each such agency to submit to the Director of OMB a proposal for reorganizing the agency with respect to financial management functions. Requires implementation of such proposal upon the Director's approval. Title III: Enhance…
Congressional Research Service · 1990-10-27
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Amount spent specifically on this bill: not disclosed
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What happened after enactment?
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