The Taxpayer Resources Used in Emergencies Accountability Act mandates agencies to develop internal control plans for emergency spending.
The Taxpayer Resources Used in Emergencies Accountability Act requires certain agencies to develop plans for internal control in the event of an emergency or crisis. The Office of Management and Budget must issue guidance to these agencies, including plans for risk assessment and internal control. Agencies must submit their plans to the Director of the Office of Management and Budget, who must then submit these plans to Congress. No additional funds are authorized for this Act.
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