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42 U.S.C. § 15003 — Records and audits

submitted 26 years ago by Pub. L. 106-402 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 136 words · no verdicts yet

in plain englishAI-generated · not legal advice

Recipients of assistance must keep records showing how funds and project costs were handled, plus other records needed for audits. The Secretary and Comptroller General may inspect relevant books and records.

(a) Records
Each recipient must keep records required by the Secretary, including records fully showing: (1)(A) the amount and use of assistance; (B) the project’s total cost; and (C) the part supplied by other sources; and (2) other records that make an effective audit possible.

(b) Access
The Secretary, Comptroller General, and their authorized representatives may inspect and audit any recipient books, documents, papers, and records relevant to the assistance.

the actual law source: uscode.house.gov ↗public domain
(a) Records

Each recipient of assistance under this subchapter shall keep such records as the Secretary shall prescribe, including—

(1)

records that fully disclose—

(A)

the amount and disposition by such recipient of the assistance;

(B)

the total cost of the project or undertaking in connection with which such assistance is given or used; and

(C)

the amount of that portion of the cost of the project or undertaking that is supplied by other sources; and

(2)

such other records as will facilitate an effective audit.

(b) Access

The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examination to any books, documents, papers, and records of the recipients of assistance under this subchapter that are pertinent to such assistance.

Source credit: (Pub. L. 106–402, title I, § 103, Oct. 30, 2000, 114 Stat. 1688.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 106-402 · 114 Stat. 1688

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-402 on 2000-10-30.

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