Program Assessment and Results Act

[AI summary unavailable — showing source text] Program Assessment and Results Act - Requires the Director of the Office of Management and Budget (OMB) to the maximum extent practicable to conduct, jointly with agencies of the Federal Government, an assessment of each Federal program at least once every five fiscal years (program assessments). Requires the Director to report to Congress the results of program assessments conducted during a fiscal year at the same time the President submits the next budget after the end of such fiscal year. Provides for the submission of program assessments containing classified information. Requires that program assessment functions and activities be performed only by Federal employees as inherently Governmental functions. Changes: (1) the date by which the heads of each Federal agency are required to submit strategic plans for program activities to September 30 of each year following a presidential election, beginning with September 30, 2005; and (2) the period of coverage for strategic plans from five to four years.…