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H.R. 7683119th Congress
Official title: VA Fiscal Management Modernization Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill formalizes a VA Chief Financial Officer and creates a small office to give Congress reliable budget data.
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HR 7683 designates the VA's Assistant Secretary for Management as Chief Financial Officer with specific budget and reporting duties, and creates a 15-employee Legislative and Congressional Budget Information Office solely to give Congress financial data. It also adds two deputy positions and raises the cap on deputy assistant secretaries from 19 to 21.
Affects VA financial and management staff, including division-level financial officers who would report directly to the new CFO instead of local managers. Congress and VA oversight bodies are also affected through improved budget reporting.
The changes aim to centralize financial accountability and prevent conflicts of interest between financial oversight and program operations, potentially improving congressional oversight of VA spending.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 13 - 9.