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31 U.S.C. § 3501 — Definition
Federal law — U.S. Code and appendices · legal_authorities
In this chapter, “executive agency” does not include (except in section 3513) a corporation, agency, or instrumentality subject to chapter 91 of this title.
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Source location: Title 31, Chapter 35, § 3501; chapter-035-accounting-and-collection.md
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In this chapter, “executive agency” does not include (except in section 3513) a corporation, agency, or instrumentality subject to chapter 91 of this title.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) With the concurrence of the Director of the Office of Management and Budget, the head of an executive agency may adjust the frequency and due dates of, and consolidate into an annual report to the President, the Director of the Office of Management and Budget, and Congress any statutorily required reports described in paragraph (2). Such a consolidated report shall be submitted to the President, the Director of the Office of Management and Budget, and to appropriate committees and subcommittees of Congress not later than 150 days after the end of the agency’s fiscal year.
(2) The following reports may be consolidated into the report referred to in paragraph (1):
(A) Any report by an agency to Congress, the Office of Management and Budget, or the President under section 1116, this chapter, and chapters 9, 33, 37, 75, and 91.
(B) The following agency-specific reports:
(i) The biennial financial management improvement plan by the Secretary of Defense under section 2222 11 See References in Text note below. of title 10.
(ii) The annual report of the Attorney General under [section 522 of title 28](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title28-section522&num=0&edition=prelim).
(C) Any other statutorily required report pertaining to an agency’s financial or performance management if the head of the agency—
(i) determines that inclusion of that report will enhance the usefulness of the reported information to decision makers; and
(ii) consults in advance of inclusion of that report with the Committee on Governmental Affairs of the Senate, the Committee on Government Reform of the House of Representatives, and any other committee of Congress having jurisdiction with respect to the report proposed for inclusion.
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 3516
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Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) 11 So in original. No par. (2) has been enacted Except as provided in subsection (e), not later than March 1 of 2003 and each year thereafter, the head of each covered executive agency shall prepare and submit to the Congress and the Director of the Office of Management and Budget an audited financial statement for the preceding fiscal year, covering all accounts and associated activities of each office, bureau, and activity of the agency.
**(b)** Each audited financial statement of a covered executive agency under this section shall reflect—
(1) the overall financial position of the offices, bureaus, and activities covered by the statement, including assets and liabilities thereof; and
(2) results of operations of those offices, bureaus, and activities.
**(c)** The Director of the Office of Management and Budget shall identify components of covered executive agencies that shall be required to have audited financial statements meeting the requirements of subsection (b).
**(d)** The Director of the Office of Management and Budget shall prescribe the form and content of the financial statements of covered executive agencies under this section, consistent with applicable accounting and financial reporting principles, standards, and requirements.
**(e)**
(1) The Director of the Office of Management and Budget may exempt a covered executive agency, except an agency described in section 901(b), from the requirements of this section with respect to a fiscal year if—
(A) the total amount of budget authority available to the agency for the fiscal year does not exceed $25,000,000; and
(B) the Director determines that requiring an annual audited financial statement for the agency with respect to the fiscal year is not warranted due to the absence of risks
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 3515
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Federal law — U.S. Code and appendices · legal_authorities
The Office of Management and Budget is an office in the Executive Office of the President.
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Federal law — U.S. Code and appendices · legal_authorities
Page 269
TITLE 31—MONEY AND FINANCE
§ 3511
1 Editorially supplied.
Sec.
3555.
Regulations; authority of Comptroller Gen-
eral to verify assertions.
3556.
Nonexclusivity of remedies; matters included
in agency record.
3557.
Expedited action in protests of public-private
competitions.
SUBCHAPTER VI—RECOVERY AUDITS 1
[3561.
Repealed.]
3562.
Disposition of recovered funds.1
[3563 to 3567. Repealed.]
Editorial Notes
AMENDMENTS
2010—Pub. L. 111–204, § 2(h)(6)(B)(i), July 22, 2010, 124
Stat. 2231, struck out subchapter VI heading ‘‘RECOV-
ERY AUDITS’’ and items 3561 ‘‘Identification of errors
made by executive agencies in payments to contractors
and recovery of amounts erroneously paid’’, 3562 ‘‘Dis-
position of recovered funds’’, 3563 ‘‘Sources of recovery
services’’, 3564 ‘‘Management improvement programs’’,
3565 ‘‘Relationship to authority of Inspectors General’’,
3566 ‘‘Privacy protections’’, and 3567 ‘‘Definition of ex-
ecutive agency’’.
2008—Pub. L. 110–417, [div. A], title X, § 1061(c)(3), Oct.
14, 2008, 122 Stat. 4613, struck out item 3557 ‘‘Expedited
action in protests for public-private competitions’’, as
added by Pub. L. 110–161.
Pub. L. 110–181, div. A, title III, § 326(b)(2), Jan. 28,
2008, 122 Stat. 63, added item 3557 ‘‘Expedited action in
protests of public-private competitions’’.
2007—Pub. L. 110–161, div. D, title VII, § 739(c)(1)(B)(ii),
Dec. 26, 2007, 121 Stat. 2031, added item 3557.
2001—Pub. L. 107–107, div. A, title VIII, § 831(a)(2), Dec.
28, 2001, 115 Stat. 1188, added subchapter VI heading and
items 3561 to 3567.
2000—Pub. L. 106–531, § 3(c), Nov. 22, 2000, 114 Stat.
2539, added item 3516.
1996—Pub. L. 104–316, title I, § 115(f)(2), Oct. 19, 1996,
110 Stat. 3834, struck out item 3531 ‘‘Property returns’’.
1990—Pu
Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 3501
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