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H.R.7164 / 117th Congress

CFO Vision Act of 2022

Referred to the House Committee on Oversight and Reform.

Official summary

Version 00 · Introduced in House · Mar 18, 2022

CFO Vision Act of 2022

This bill establishes or modifies provisions to provide for standardized government-wide financial management requirements.

Each agency Chief Financial Officer must oversee and provide leadership in the areas of budget formulation and execution, planning and performance, risk management, internal controls, financial systems, accounting, and other areas as the Office of Management and Budget may designate.

The bill requires the government-wide financial management plan to include actions for improving financial management systems, strengthening the federal financial management workforce, and linking performance and cost information to budget decision-making.

The bill requires (1) the development of financial management performance-based metrics, and (2) an assessment of performance by such metrics to be included in the government-wide and agency-level financial management plans and status reports.

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Who introduced it

Rep. Maloney, Carolyn B. [D-NY-12] · D–NY

Committees

  • Oversight and Government Reform Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the House Committee on Oversight and Reform.

  2. Introduced in House

  3. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Feb 4, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.7164 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

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