H.R.2040 - Defense Spending Accountability Act115th Congress (2017-2018)
|Sponsor:||Rep. Lewis, Jason [R-MN-2] (Introduced 04/06/2017)|
|Committees:||House - Armed Services|
|Latest Action:||House - 04/06/2017 Referred to the House Committee on Armed Services. (All Actions)|
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Summary: H.R.2040 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (04/06/2017)
Defense Spending Accountability Act
This bill imposes on the Deputy Secretary of Defense (Chief Management Officer of the Department of Defense [DOD]), the Under Secretary of Defense (Comptroller), and the Chief Management Officer of each of the military departments: (1) a 5% pay cut if certain financial statements are not validated as ready for audit by September 30, 2017, and (2) a 10% pay cut if such statements for FY2018 are not ready for audit by March 31, 2019.
The bill prescribes the following due process protections for such officials: (1) notice and opportunity to respond, and (2) appeal rights.