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42 U.S.C. § 12833Audits by Comptroller General

submitted 36 years ago by Pub. L. 101-625 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 181 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Comptroller General may fully audit HOME program records at any time. Congress committees can also request an audit, reported to the Secretary and Congress. The GAO may also audit jurisdictions' finances, with full access to their records.

(a) Audits of HOME Investment Partnerships program: The Comptroller General may conduct a full financial audit of HOME program records for any fiscal year, whenever the Comptroller General thinks it appropriate or when the Senate Banking Committee or House Financial Services Committee asks. The audit report must go promptly to the Secretary and Congress, and must be published. (b) Audits of recipients: The Government Accountability Office may audit the financial transactions of participating jurisdictions and other fund recipients, as far as those transactions relate to HOME funds, under rules the Comptroller General sets. GAO representatives must have access to all books, accounts, records, reports, files, and other materials belonging to or used by these recipients that relate to those transactions and are needed for the audit.
the actual law source: uscode.house.gov ↗public domain
(a) Audits of HOME Investment Partnerships program

The Comptroller General, when the Comptroller General deems it to be appropriate or when requested by the Committee on Banking, Housing, and Urban Affairs of the Senate or the Committee on Financial Services of the House of Representatives, shall conduct a full financial audit of the records of the HOME Investment Partnerships program for any fiscal year. The report of the Comptroller General shall be submitted promptly to the Secretary and the Congress and shall be published.

(b) Audits of recipients

The financial transactions of participating jurisdictions and of other recipients of funds provided under this subchapter may, insofar as they relate to funds provided under this subchapter, be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, files, and other papers, things, or property belonging to or in use by such recipients pertaining to such financial transactions and necessary to facilitate the audit.

Source credit: (Pub. L. 101–625, title II, § 283, Nov. 28, 1990, 104 Stat. 4125; Pub. L. 103–233, title II, § 205, Apr. 11, 1994, 108 Stat. 364; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814; Pub. L. 119–101, title V, § 501(v)(2), July 11, 2026, 140 Stat. 917.)

history & why it existsrecord from the source credit
  • 1990Enacted · Pub. L. 101-625 · 104 Stat. 4125
  • 1994Amended · Pub. L. 103-233 · 108 Stat. 364
  • 2004Amended · Pub. L. 108-271 · 118 Stat. 814
  • 2026Amended · Pub. L. 119-101 · 140 Stat. 917

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-625 on 1990-11-28.

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