Title 31 — Money and FinanceRelease 119-73
§1503 Comptroller General reports of amounts for which no accounting is made
Title 31 › Subtitle SUBTITLE II— - THE BUDGET PROCESS › Chapter CHAPTER 15— - APPROPRIATION ACCOUNTING › Subchapter SUBCHAPTER I— - GENERAL › § 1503
Summary
Each year the Comptroller General must recommend changes to Congress about unreported amounts in U.S. accounts or held by government personnel when government is financially concerned.
Full Legal Text
Title 31, §1503
Money and Finance — Source: USLM XML via OLRC
The Comptroller General shall make a special report each year to Congress on recommendations for changes in laws, that the Comptroller General believes may be in the public interest, about amounts—
(1)for which no accounting is made to the Comptroller General; and
(2)that are in—
(A)accounts of the United States Government; or
(B)the custody of an officer or employee of the Government if the Government is financially concerned.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 150331:725w.June 26, 1934, ch. 756, § 24, 48 Stat. 1236; Aug. 30, 1954, ch. 1076, § 1(31), 68 Stat. 968. The words “shall cause a survey to be made” are omitted as executed. The word “existing” is omitted as surplus.
Statutory Notes and Related Subsidiaries
Termination of Reporting RequirementsFor termination, effective May 15, 2000, of provisions of law requiring submittal to Congress of any annual, semiannual, or other regular periodic report listed in House Document No. 103–7 (in which certain reporting requirements under this section are listed on page 9), see section 3003 of Pub. L. 104–66, as amended, and section 1(a)(4) [div. A, § 1402(1)] of Pub. L. 106–554, set out as notes under section 1113 of this title.
Reference
Citations & Metadata
Citation
31 U.S.C. § 1503
Title 31 — Money and Finance
Last Updated
Apr 6, 2026
Release point: 119-73