Financial Management Risk Reduction Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10155 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10155 To amend section 7504 of title 31, United States Code, to improve the single audit requirements. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 18, 2024 Ms. Greene of Georgia introduced the following bill; which was referred to the Committee on Oversight and Accountability _______________________________________________________________________ A BILL To amend section 7504 of title 31, United States Code, to improve the single audit requirements. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Financial Management Risk Reduction Act''. SEC. 2. SINGLE AUDIT IMPROVEMENTS. Section 7504 of title 31, United States Code, is amended-- (1) in subsection (a)-- (A) in paragraph (1), by striking ``, and'' and inserting a semicolon; (B) in paragraph (2), by striking the period at the end and inserting a semicolon; and (C) by adding at the end the…