[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 2964 Introduced in Senate (IS)]

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114th CONGRESS
  2d Session
                                S. 2964

       To eliminate or modify certain mandates of the Government 
                         Accountability Office.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 19, 2016

Mr. Johnson (for himself and Mr. Carper) introduced the following bill; 
which was read twice and referred to the Committee on Homeland Security 
                        and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
       To eliminate or modify certain mandates of the Government 
                         Accountability Office.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``GAO Mandates Revision Act of 2016''.

SEC. 2. REPORTS ELIMINATED.

    (a) Single Audit Act Monitoring Responsibilities.--
            (1) In general.--Chapter 75 of title 31, United States 
        Code, is amended--
                    (A) by striking section 7506; and
                    (B) by redesignating section 7507 as section 7506.
            (2) Technical and conforming amendment.--The table of 
        sections for chapter 75 of title 31, United States Code, is 
        amended by striking the items relating to sections 7506 and 
        7507 and inserting the following:

``7506. Effective date.''.
    (b) Review of Medigap Premium Levels.--Section 111(c) of the 
Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act 
of 2000 (Appendix F; 114 Stat. 2763A-473), as enacted into law by 
section 1(a)(6) of Public Law 106-554, is repealed.
    (c) Report on Dispute Resolution Pilot Program.--Section 1105 of 
the Sandy Recovery Improvement Act of 2013 (42 U.S.C. 5189a note) is 
amended by striking subsection (d).
    (d) Biennial Survey Regarding Transportation Intelligence 
Reports.--Section 114(u) of title 49, United States Code, is amended--
            (1) in paragraph (1)(A), by striking ``subsection (t)'' and 
        inserting ``subsection (s)(4)(E)'';
            (2) by striking paragraph (7); and
            (3) by redesignating paragraphs (8) and (9) as paragraphs 
        (7) and (8), respectively.
    (e) Review and Evaluation of Guidance Relating to Post Harvest 
Processing of Raw Oysters.--Section 114 of the FDA Food Safety 
Modernization Act (21 U.S.C. 342 note) is amended--
            (1) by striking subsection (c); and
            (2) by redesignating subsections (d) and (e) as subsections 
        (c) and (d), respectively.

SEC. 3. REPORTS MODIFIED.

    (a) Oversight and Audits Under the Emergency Economic Stabilization 
Act of 2008.--Section 116(a)(3) of the Emergency Economic Stabilization 
Act of 2008 (12 U.S.C. 5226(a)(3)) is amended by striking ``, regularly 
and no less frequently than once every 60 days,'' and inserting 
``annually''.
    (b) GAO Study of Financial Regulations.--Section 1016B(a) of the 
Consumer Financial Protection Act of 2010 (12 U.S.C. 5496b(a)) is 
amended--
            (1) in the matter preceding paragraph (1), in the first 
        sentence--
                    (A) by striking ``Not later than the end of the 
                180-day period beginning on the date of the enactment 
                of this Act, and annually thereafter, the'' and 
                inserting ``The''; and
                    (B) by inserting ``periodically, as the Comptroller 
                General determines is appropriate,'' after ``shall'';
            (2) in paragraph (1), by striking ``, including whether 
        relevant Federal agencies are applying sound cost-benefit 
        analysis in promulgating rules;'' and inserting ``; and'';
            (3) by striking paragraph (2); and
            (4) by redesignating paragraph (3) as paragraph (2).
    (c) Reports on Conflict Minerals.--Section 1502(d) of the Dodd-
Frank Wall Street Reform and Consumer Protection Act (15 U.S.C. 78m 
note) is amended--
            (1) in paragraph (1), by striking ``until the termination 
        of the disclosure requirements under section 13(p) of the 
        Securities Exchange Act of 1934'' and inserting ``through 2020, 
        in 2022, and in 2024''; and
            (2) in paragraph (2), in the matter preceding subparagraph 
        (A), by inserting ``through 2020, in 2022, and in 2024'' after 
        ``annually thereafter''.
    (d) Update on Actions Taken by Secretary of HHS To Implement GAO 
Recommendation.--Section 632(d) of the American Taxpayer Relief Act of 
2012 (Public Law 112-240; 126 Stat. 2354) is amended in the first 
sentence by striking ``December 31, 2015'' and inserting ``December 31, 
2023''.
    (e) Review Panel.--Section 399V-4(d)(2) of the Public Health 
Service Act (42 U.S.C. 280g-15) is amended--
            (1) in subparagraph (C), by striking ``, or an individual 
        within the Government Accountability Office designated by the 
        Comptroller General, shall'' and inserting ``shall designate a 
        member of the review panel to''; and
            (2) in subparagraph (D), by striking ``Comptroller 
        General'' and inserting ``Secretary''.
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