H.R. 8467
Changes federal tracking of improper payments that cost money
Changes how federal agencies track and report improper payments that cost the government, requiring risk checks every three years and letting more recovered money go back to programs.
- Agencies must check programs every three years for improper payments that cause financial loss
- Reporting must include steps agencies take to prevent these payments, such as using the Do Not Pay system
- Annual budget requests must estimate these improper payments
- Up to 75% of money recovered through audits can go back to the original program, up from 25%
Passed the House · Senate's turn