Page:United States Statutes at Large Volume 116 Part 3.djvu/458

 116 STAT. 2050 PUBLIC LAW 107-289—NOV. 7, 2002 "(1) means an executive agency that is not required by another provision of Federal law to prepare and submit to the Congress and the Director of the Office of Management and Budget an audited financial statement for each fiscal year, covering all accounts and associated activities of each office, bureau, and activity of the agency; and "(2) does not include a corporation, agency, or instrumentality subject to chapter 91 of this title.". 31 USC 3515 (b) WAIVER AUTHORITY.— note. (1) IN GENERAL.— The Director of the Office of Management and Budget may waive the application of all or part of section 3515(a) of title 31, United States Code, as amended by this section, for financial statements required for the first 2 fiscal years beginning after the date of the enactment of this Act for an agency described in paragraph (2) of this subsection. (2) AGENCIES DESCRIBED. —An agency referred to in paragraph (1) is any covered executive agency (as that term is defined by section 3515(f) of title 31, United States Code, as amended by subsection (a) of this section) that is not an executive agency identified in section 901(b) of title 31, United States Code. Approved November 7, 2002. LEGISLATIVE HISTORY—H.R. 4685 (S. 2644): SENATE REPORTS: No. 107-331 accompanying S. 2644 (Comm. on Governmental Affairs). CONGRESSIONAL RECORD, Vol. 148 (2002): Oct. 7, considered and passed House. Oct. 17, considered and passed Senate. WEEICLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 38 (2002): Nov. 7, Presidential statements.

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