3.0.0 3487 2019-02-20T23:42:54Z 2019-02-23T21:33:36Z Senate S S 2012-08-02 112 ssas00 Armed Services Committee Senate Standing Referred to 2012-08-02T16:57:16Z 2012-08-02 ssas00 Armed Services Committee Senate Read twice and referred to the Committee on Armed Services. IntroReferral 2012-08-02 Introduced in Senate IntroReferral 10000 9 Library of Congress C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK N M001183 Sen. Manchin, Joe, III [D-WV] Joseph Manchin D WV 2012-08-02 True A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH 2012-08-02 True M001170 Sen. McCaskill, Claire [D-MO] Claire McCaskill D MO 2012-08-02 True C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2012-08-02 True G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2012-08-02 True J000293 Sen. Johnson, Ron [R-WI] Ron Johnson R WI 2012-08-02 True P000603 Sen. Paul, Rand [R-KY] Rand Paul R KY 2012-08-02 True B001268 Sen. Brown, Scott P. [R-MA] Scott Brown R MA P. 2012-11-29 False Armed Forces and National Security Accounting and auditing Appropriations Computers and information technology Congressional oversight Defense spending Department of Defense Department of the Treasury Executive agency funding and structure Federal officials Military procurement, research, weapons development Armed Forces and National Security 00 2012-08-02 Introduced in Senate 2012-10-31T15:47:41Z Audit the Pentagon Act of 2012 - Amends the National Defense Authorization Act for Fiscal Year 2010 to require the financial improvement and audit readiness plan of the Department of Defense (DOD) to ensure that: (1) a complete and validated statement of DOD budgetary resources is ready by the end of FY2014, and (2) the full set of DOD consolidated financial statements for each of FY2017 and thereafter are ready in a timely manner and in preparation for audit. Provides that DOD financial statements shall cease to be covered by specified DOD financial reporting requirements upon the issuance of an unqualified audit opinion (UAO) on such statements.

Directs the Under Secretary of Defense (Comptroller) to report to Congress on each DOD report required to be submitted to Congress that: (1) would no longer be necessary if their financial statements were audited with a UAO, and (2) interferes with DOD capacity to achieve such an audit.

Provides specified DOD program thresholds for reprogramming of funds without prior notice to Congress if a military department obtains an audit with a UAO on its statement of budgetary resources for any fiscal year after 2013. Provides that, if a military department obtains such an audit, then a specified amount shall be available for the payment of certain bonuses for DOD civilian employees determined to have made beneficial contributions to the achievement of the department mission. Outlines bonus exclusions and limitations.

Requires additional qualifications and responsibilities of the Comptroller and certain other DOD financial management officials upon the failure to obtain an audit with a UAO on its statement of budgetary resources for FY2014.

Provides that if a military department fails to obtain such an audit for FY2017, then the following shall not be available to such department for such fiscal year and thereafter: (1) the program thresholds and bonus payments authorized under this Act, and (2) the expenditure of funds for major defense acquisition program activities beyond Milestone B. Requires, in addition and upon such failure, the reorganization of the position of DOD Chief Management Officer, with added qualifications and responsibilities.

Directs the Secretary of Defense to amend the acquisition guidance of DOD to place specific limits on the procurement of any enterprise resource planning business system, including a three-year limit on its total procurement time from initial obligation of funds to full deployment and sustainment.

]]> Audit the Pentagon Act of 2012 Short Titles as Introduced Audit the Pentagon Act of 2012 Display Title Audit the Pentagon Act of 2012 Official Title as Introduced A bill to provide for auditable financial statements for the Department of Defense, and for other purposes. Introduced in Senate 2012-08-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3487is/xml/BILLS-112s3487is.xml 2012-08-02 Read twice and referred to the Committee on Armed Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.