Page:United States Statutes at Large Volume 118.djvu/1306

 118 STAT. 1276 PUBLIC LAW 108–330—OCT. 16, 2004 agency financial management systems must provide for the systematic measurement of performance. In the case of the Department of Homeland Security, therefore, it is vitally impor tant that management control systems be designed with a clear view of a homeland security strategy, including the prior ities of the Department in addressing those risks of terrorism deemed most significant based upon a comprehensive assess ment of potential threats, vulnerabilities, criticality, and con sequences. For this reason, Federal law should be amended to clearly state the responsibilities of the Chief Financial Officer of the Department of Homeland Security to provide manage ment control information, for the benefit of managers within the Department and to help inform the Congress, that permits an assessment of the Department’s performance in executing a homeland security strategy. SEC. 3. CHIEF FINANCIAL OFFICER OF THE DEPARTMENT OF HOME LAND SECURITY. (a) IN GENERAL.—Section 901(b)(1) of title 31, United States Code, is amended— (1) by redesignating subparagraphs (G) through (P) as sub paragraphs (H) through (Q), respectively; and (2) by inserting after subparagraph (F) the following: ‘‘(G) The Department of Homeland Security.’’. (b) APPOINTMENT OR DESIGNATION OF CFO.—The President shall appoint or designate a Chief Financial Officer of the Depart ment of Homeland Security under the amendment made by sub section (a) by not later than 180 days after the date of the enactment of this Act. (c) CONTINUED SERVICE OF CURRENT OFFICIAL.—An individual serving as Chief Financial Officer of the Department of Homeland Security immediately before the enactment of this Act, or another person who is appointed to replace such an individual in an acting capacity after the enactment of this Act, may continue to serve in that position until the date of the confirmation or designation, as applicable (under section 901(a)(1)(B) of title 31, United States Code), of a successor under the amendment made by subsection (a). (d) CONFORMING AMENDMENTS.— (1) HOMELAND SECURITY ACT OF 2002.—The Homeland Secu rity Act of 2002 (Public Law 107–296) is amended— (A) in section 103 (6 U.S.C. 113)— (i) in subsection (d) by striking paragraph (4), and redesignating paragraph (5) as paragraph (4); (ii) by redesignating subsection (e) as subsection (f); and (iii) by inserting after subsection (d) the following: ‘‘(e) CHIEF FINANCIAL OFFICER.—There shall be in the Depart ment a Chief Financial Officer, as provided in chapter 9 of title 31, United States Code.’’; and (B) in section 702 (6 U.S.C. 342) by striking ‘‘shall report’’ and all that follows through the period and inserting ‘‘shall perform functions as specified in chapter 9 of title 31, United States Code, and, with respect to all such functions and other responsibilities that may be assigned to the Chief Financial Officer from time to time, shall also report to the Under Secretary for Management.’’. President. Deadline. 31 USC 901 note.

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