S 3075 · 96th Congress · Economics and Public Finance

Federal Government Fiscal Responsibility Act of 1980

Introduced 1980-08-26· Sponsored by Sen. Stone, Richard (Dick) [D-FL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Governmental Affairs.(1980-08-26)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Government Fiscal Responsibility Act of 1980 - Requires the Comptroller General of the United States, after consultation with specified congressional committees, to issue regulations describing the actions which constitute unnecessary spending at the end of a fiscal year by a Government office, as such term is defined in this Act. Directs the head of each Government office to take such actions as necessary to eliminate unnecessary spending. Authorizes the office head to provide awards to employees who help to eliminate unnecessary spending. Directs each office head to submit to Congress an annual report describing the savings of that office during the preceding fiscal year. Requires the Comptroller General, by April 1 of each fiscal year, to conduct random selective audits of at least 15 Government offices to determine whether such offices have engaged in substantial unnecessary spending during the preceding fiscal year. Directs the Congress to recognize by appropriate resolution each office which has achieved savings during a fiscal year. Requires each committee of the Senate and the House of Representatives having legislative jurisdiction over a program carried out by a G…

Summarized by Claude AI · Non-partisan · For informational purposes only