HR7683119th CongressWALLET

VA Fiscal Management Modernization Act

Sponsored By: Representative Bergman

In Committee

Summary

Centralizes VA financial leadership under a single Chief Financial Officer. This bill would name the VA Assistant Secretary for Management as the Department's CFO and would establish a formal Office of Management plus a small office to provide budget data to Congress.

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  • The CFO would advise the Secretary and would formulate, justify, and execute the VA budget. The CFO would oversee accounting, auditing, and financial reporting and would be charged with ensuring compliance with Antideficiency Act requirements and providing budget and finance information to Congress on request.
  • The bill would create two Deputy Assistant Secretary roles for Financial Strategy and Budget and for Financial Operations and Internal Controls. The latter must be a career Senior Executive Service appointee and the total number of Deputy Assistant Secretaries would rise from 19 to 21. The changes would be implemented within 180 days of enactment.
  • Employees who hold CFO-level financial authority across VA would be required to report only to the CFO and would be barred from performing programmatic or operational duties. The bill would also establish a Legislative and Congressional Budget Information Office that reports exclusively to the CFO and is capped at 15 full-time equivalent employees.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Centralize VA financial leadership

If enacted, the bill would make the Assistant Secretary for Management the Department Chief Financial Officer (CFO). The CFO would run VA budget, accounting, audits, and provide certified budget and finance information to Congress. The bill would create an Office of Management and a Legislative and Congressional Budget Information Office capped at 15 full‑time employees. It would add two Deputy Assistant Secretaries (one must be a career Senior Executive Service appointee), require Administration and VISN chief financial officers to report only to the Department CFO, and bar those financial officers from doing program or operational work. The Secretary would have 180 days after enactment to finish these changes.

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Sponsors & CoSponsors

Sponsor

Bergman

MI • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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