GAO Mandates Revision Act of 2016

[AI summary unavailable — showing source text] GAO Mandates Revision Act of 2016 This bill eliminates provisions that require the Government Accountability Office (GAO) to: review reported legislation that requires financial audits of nonfederal entities receiving federal awards; evaluate the extent to which premium levels for Medicare supplemental policies reflect reductions in coinsurance for hospital outpatient services made by the Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act of 2000 under part B (Supplementary Medical Insurance Benefits for Aged and Disabled) of title XVIII (Medicare) of the Social Security Act (SSAct); report on the Federal Emergency Management Agency's (FEMA's) pilot program under the Sandy Recovery Improvement Act of 2013 for alternative resolution for major disaster assistance disputes involving amounts of at least $1 million; and conduct a biennial satisfaction survey of recipients of transportation intelligence reports under the Department of Homeland Security's transportation security information sharing plan. The GAO must report annually (currently, every 60 days) on its oversight of the Troubled Asset Relief Program under the Emergency Economic Stabilization Act of 2008. Th…