Financial Management Risk Reduction Act
Official title: “To amend section 7504 of title 31, United States Code, to improve the single audit requirements.”
What this law changes
Not startedPlain-language account: Not started
Transparency Score
The Transparency Score is the share of this law’s dollars that goes to what the law says it is for. We have not read this law for this section yet.
Press releases by members of Congress
From a secondary sourceThese are press releases from members' official websites that name this law. We save a copy of each one.
1 press release
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“Improved Oversight of Federal Grant Programs: Peters’ bipartisan Financial Management Risk Reduction Act was signed into law, helping to safeguard taxpayer dollars by making audit data more accessible and increasing opportunities to identify potential misuse of federal grant programs.”
Read from 539 of 539 members' sites, releases since January 3, 2025, through October 7, 2026.
Press releases by organizations
No saved press release from these organizations names this law.
Read from 510 of 510 organizations' sites, releases since January 3, 2025, through October 7, 2026.
How it passed
The Senate passed it without objection on November 14, 2024. No individual votes are recorded.
The House passed it by voice vote on December 16, 2024. A voice vote records no individual votes.
It became law on December 23, 2024.
How each member votes
Both chambers passed this law without a recorded vote, so no individual votes exist.
Where this comes from
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