§7305 — Title 31 Money and Finance | U.S. Code

Summary

Governors must audit the block grants and consolidated assistance funds their State got under the Omnibus Budget Reconciliation Act of 1981. They must check each two-year period starting October 1, 1981, and every two years after that. Where possible, the checks should follow the audit standards set by the U.S. Comptroller General. These audits replace other required audits of the same funds under that 1981 law, unless another part of that law specifically says otherwise.

Title 31, §7305

Money and Finance — Source: USLM XML via OLRC

(a)The chief executive officer of each State shall conduct financial and compliance audits of block grant amounts received under the Omnibus Budget Reconciliation Act of 1981 (Public Law 97–35, 95 Stat. 357) and amounts received under a consolidated assistance program established or provided for in the Act. An audit shall be conducted for the 2-year period beginning on October 1, 1981, and for each 2-year period thereafter. As far as practicable, the audit shall be conducted consistent with standards the Comptroller General prescribes for the audit of governmental entities, programs, activities, and functions.

(b)An audit under subsection (a) of this section is in place of other financial and compliance audits of those amounts that the chief executive officer of the State is required to conduct under another provision of the Omnibus Budget Reconciliation Act of 1981 (Public Law 97–35, 95 Stat. 357) unless the other provision, by explicit reference to this section, provides otherwise.

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 730531:1243(note).Aug. 13, 1981, Pub. L. 97–35, § 1745, 95 Stat. 764. In subsection (a), the word “prescribes” is substituted for “established”, and the word “entities” is substituted for “organizations”, for consistency in the revised title and with other titles of the United States Code. In subsection (b), the words “of funds” and “conducted” are omitted as surplus.

Editorial Notes

References in Text

The Omnibus Budget Reconciliation Act of 1981, referred to in text, is Pub. L. 97–35, Aug. 13, 1981, 95 Stat. 357. For complete classification of this Act to the Code, see Tables.

§7305 State auditing requirements