Page:United States Statutes at Large Volume 124.djvu/2260

 124 STAT. 2234 PUBLIC LAW 111–204—JULY 22, 2010 shall use any reprogramming or transfer authority avail- able to the agency. If after exercising that reprogramming or transfer authority additional funding is necessary to obligate the full level of funding determined by the Director of the Office of Management and Budget under subpara- graph (A), the agency shall submit a request to Congress for additional reprogramming or transfer authority. (3) REAUTHORIZATION AND STATUTORY PROPOSALS.—If an agency is determined by the Inspector General of that agency not to be in compliance under subsection (b) for more than 3 consecutive fiscal years for the same program or activity, the head of the agency shall, not later than 30 days after such determination, submit to Congress— (A) reauthorization proposals for each program or activity that has not been in compliance for 3 or more consecutive fiscal years; or (B) proposed statutory changes necessary to bring the program or activity into compliance. (d) COMPLIANCE ENFORCEMENT PILOT PROGRAMS.— (1) IN GENERAL.—The Director of the Office of Management and Budget may establish 1 or more pilot programs which shall test potential accountability mechanisms with appropriate incentives and consequences tied to success in ensuring compli- ance with this Act and eliminating improper payments. (2) REPORT.—Not later than 5 years after the date of enact- ment of this Act, the Director of the Office of Management and Budget shall submit a report to Congress on the findings associated with any pilot programs conducted under paragraph (1). The report shall include any legislative or other rec- ommendations that the Director determines necessary. (e) REPORT ON CHIEF FINANCIAL OFFICERS ACT OF 1990.— Not later than 1 year after the date of the enactment of this Act, the Chief Financial Officers Council established under section 302 of the Chief Financial Officers Act of 1990 (31 U.S.C. 901 note) and the Council of Inspectors General on Integrity and Effi- ciency established under section 7 of the Inspector General Reform Act of 2009 (Public Law 110–409), in consultation with a broad cross-section of experts and stakeholders in Government accounting and financial management shall— (1) jointly examine the lessons learned during the first 20 years of implementing the Chief Financial Officers Act of 1990 (31 U.S.C. 901) and identify reforms or improvements, if any, to the legislative and regulatory compliance framework for Federal financial management that will optimize Federal agency efforts to— (A) publish relevant, timely, and reliable reports on Government finances; and (B) implement internal controls that mitigate the risk for fraud, waste, and error in Government programs; and (2) jointly submit a report on the results of the examination to— (A) the Committee on Homeland Security and Govern- mental Affairs of the Senate; (B) the Committee on Oversight and Government Reform of the House of Representatives; and Publication. Deadline.