VA Fiscal Management Modernization Act
Sponsored By: Representative Bergman, Jack [R-MI-1]
In Committee
Summary
Centralizes VA financial authority under a single Chief Financial Officer. This bill would designate the Assistant Secretary for Management as the Department of Veterans Affairs Chief Financial Officer and give that office lead responsibility for budgeting, accounting, audits, and Antideficiency Act compliance.
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- Department leaders would get a clearer finance chain. It would create an Office of Management and add two Deputy Assistant Secretaries for Management, one for financial strategy and budget and one for financial operations and internal controls who must be a career Senior Executive Service official.
- Congress would get a dedicated source of certified budget information. The bill creates a Legislative and Congressional Budget Information Office inside the Office of Management whose only job is to provide accurate, timely, and certified finance and budget data and that office would be limited to 15 full-time equivalent employees.
- VA financial staff would be reorganized and constrained. The bill would expand authorized deputy assistant secretaries from 19 to 21, define employees with substantial financial authority who must report exclusively to the CFO, and bar creating positions that duplicate the LCBI Office unless placed inside it. Implementation would occur within 180 days.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Centralize VA financial authority under CFO
This bill would make the Assistant Secretary for Management the Department's Chief Financial Officer (CFO). The CFO would advise the Secretary on finances, run the VA budget, control and audit finances, and ensure Antideficiency Act compliance. It would create an Office of Management and a Legislative and Congressional Budget Information Office (LCBI Office) of no more than 15 full‑time staff. VA Administration and regional financial officers would have to report only to the Department CFO and could not perform program or operational work. The VA would have to finish these changes within 180 days after enactment.
More senior financial leaders at VA
This bill would raise the number of Deputy Assistant Secretaries at VA from 19 to 21. It would add two finance-focused deputies: one for Financial Strategy and Budget, and one for Financial Operations and Internal Controls. The Financial Operations and Internal Controls deputy would have to be a career Senior Executive Service appointee. These changes would take effect upon enactment.
Sponsors & CoSponsors
Sponsor
Bergman, Jack [R-MI-1]
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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