HR. 8340In Committee
Taxpayer Funds Oversight and Accountability Act
Plain-English overview
What this bill does
Require the Office of Management and Budget to issue recurring governmentwide financial management plans and expand agency Chief Financial Officers' duties over budgeting, performance, risk, and financial systems
Key points
- Require governmentwide financial management plans
- Require annual status reports
- Expand Chief Financial Officer duties
Current status
Where it stands
Status
In Committee
Latest action
2026-06-11 — Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Related context
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.