Preventing Improper Payments Act

1/18/2024, 6:07 AM

Preventing Improper Payments Act

This bill designates any program or activity making more than $100 million in payments in a fiscal year as susceptible to significant improper payments. Under current law, programs designated as susceptible to significant improper payments are subject to additional assessments and reporting requirements.

The bill requires each agency to submit to Congress, as part of the annual financial report of the agency, a report on

  • implementing financial and administrative controls and certain other practices with respect to fraud risk;
  • identifying risks and vulnerabilities to fraud; and
  • establishing strategies, procedures, and other steps to curb fraud.
Congress
118
Number
HR - 877
Introduced on
2023-02-08
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

2/8/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Preventing Improper Payments Act

This bill designates any program or activity making more than $100 million in payments in a fiscal year as susceptible to significant improper payments. Under current law, programs designated as susceptible to significant improper payments are subject to additional assessments and reporting requirements.

The bill requires each agency to submit to Congress, as part of the annual financial report of the agency, a report on

  • implementing financial and administrative controls and certain other practices with respect to fraud risk;
  • identifying risks and vulnerabilities to fraud; and
  • establishing strategies, procedures, and other steps to curb fraud.
Alternative Names
Official Title as IntroducedTo change the treatment of certain Federal programs with respect to susceptibility to significant improper payments, and for other purposes.
Policy Areas
Government Operations and Politics
Potential Impact
Congressional oversight•
Fraud offenses and financial crimes

Comments

Recent Activity

Latest Summary3/13/2023

Preventing Improper Payments Act

This bill designates any program or activity making more than $100 million in payments in a fiscal year as susceptible to significant improper payments. Under current law, programs designat...

Latest Action2/8/2023
Referred to the House Committee on Oversight and Accountability.