Public Law 101-576

E1037314

Public Law 101-576 is the U.S. federal statute enacted in 1990 that established the Chief Financial Officers Act, reforming financial management practices across major federal agencies.

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Statements (46)

Predicate Object
instanceOf United States federal statute
public law
amends Title 31 of the United States Code NERFINISHED
appliesTo large executive branch agencies
major executive departments
codifiedIn 31 U.S.C. §§ 901–903
country United States of America
surface form: United States
createsCouncil Chief Financial Officers Council NERFINISHED
createsPositionIn Office of Management and Budget NERFINISHED
dateSigned November 15, 1990
enactedBy 101st United States Congress NERFINISHED
establishes Chief Financial Officers Act framework NERFINISHED
establishesOffice Chief Financial Officer in major executive agencies
Chief Financial Officer of the United States NERFINISHED
Deputy Chief Financial Officer in major executive agencies
governmentBranchAffected executive branch
hasCommonName CFO Act of 1990 NERFINISHED
hasShortTitle Chief Financial Officers Act of 1990 NERFINISHED
implementedBy Department of the Treasury NERFINISHED
Office of Management and Budget NERFINISHED
federal executive agencies
jurisdiction United States government
surface form: United States federal government
language English
legislativeChamberOfOrigin United States House of Representatives NERFINISHED
mandates enhanced oversight of federal financial operations
improved financial management standards for federal agencies
presidentAtEnactment George H. W. Bush NERFINISHED
primaryObjective improve federal financial management
improve reliability of federal financial reporting
strengthen internal controls in federal agencies
publicLawNumber 101-576
relatedTo Chief Financial Officers Council NERFINISHED
Federal Financial Management Improvement Act of 1996 NERFINISHED
Government Management Reform Act of 1994 NERFINISHED
requires appointment of qualified Chief Financial Officers in covered agencies
development of integrated agency accounting and financial management systems
preparation of audited financial statements by major federal agencies
scope executive branch financial management
signedBy George H. W. Bush NERFINISHED
status in force
statutesAtLargeCitation 104 Stat. 2838
subjectMatter federal budgeting and accounting
federal financial management
financial reporting requirements
title An Act to improve the general and financial management of the Federal Government
yearEnacted 1990

Referenced by (1)

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