H.R. 2221: Office of Management and Budget Inspector General Act
The proposed bill, titled the Office of Management and Budget Inspector General Act
, aims to establish an Inspector General (IG) specifically for the Office of Management and Budget (OMB). Here’s a breakdown of its key components:
Establishment of the Inspector General
The bill amends existing laws to formally create the position of Inspector General for the OMB. This means that there will be an official responsible for oversight and accountability within the OMB.
Responsibilities and Jurisdiction
Once established, the Inspector General will oversee matters specifically assigned to the OMB by law. This adds a layer of accountability by ensuring that the OMB's operations and decisions are subject to independent review and scrutiny.
Appointment Process
The bill specifies that the President must appoint the Inspector General within 120 days of the bill becoming law. This ensures a timely selection of the individual who will hold this important oversight role.
Amendments to Existing Laws
The legislation involves amendments to Title 5 of the United States Code, specifically Chapter 4, which outlines the roles and responsibilities of various Inspectors General across federal agencies. This integration allows for consistent governance in how oversight is approached across different government bodies.
Summary of Impact
The establishment of an IG for the OMB is intended to promote transparency and accountability in the operation of the OMB, which plays a significant role in federal budgeting and management. The Inspector General will be tasked with investigating and addressing issues related to the OMB in order to improve the efficiency and effectiveness of its operations.
Relevant Companies
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This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
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Actions
2 actions
Date | Action |
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Mar. 18, 2025 | Introduced in House |
Mar. 18, 2025 | Referred to the House Committee on Oversight and Government Reform. |
Corporate Lobbying
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Potentially Relevant Congressional Stock Trades
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