S 3287
CFO Vision Act of 2020
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The CFO Vision Act of 2020 aims to standardize financial management across the U.S. government by requiring agencies to follow consistent practices and improve their financial systems. It mandates that each agency’s Chief Financial Officer oversee key areas like budgeting, planning, and risk management, and emphasizes the use of performance-based metrics. The bill also calls for a government-wide financial management plan that focuses on strengthening the workforce and improving financial systems, with regular status reports to Congress.
Sponsors
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Primary sponsor
Michael B. Enzi
Cosponsors
David Perdue
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