Senate Bill 3287
116th Congress(2019-2020)
CFO Vision Act of 2020
Active
Amendments
Active
Passed Senate on Dec 16, 2020
Overview
Text
Sponsor
Introduced
Feb 12, 2020
Latest Action
Dec 17, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3287
Congress
116
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
Sponsorship by Party
Wyoming
Indiana
New Hampshire
Virginia
Wisconsin
Michigan
Passed
December 16, 2020
Type
Unanimous Consent
Unanimous Consent
A senator may request unanimous consent on the floor to set aside a specified rule of procedure so as to expedite proceedings. If no Senator objects, the Senate permits the action, but if any one senator objects, the request is rejected. Unanimous consent requests with only immediate effects are routinely granted, but ones affecting the floor schedule, the conditions of considering a bill or other business, or the rights of other senators, are normally not offered, or a floor leader will object to it, until all senators concerned have had an opportunity to inform the leaders that they find it acceptable.
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR S7560-7561)
Summary

CFO Vision Act of 2020

This bill establishes or modifies provisions to provide for standardized government-wide financial management requirements.

Each agency Chief Financial Officer must oversee and provide leadership in the areas of budget formulation and execution, planning and performance, risk management, internal controls, financial systems, and accounting.

The bill requires the government-wide financial management plan to include actions for improving financial management systems, strengthening the federal financial management workforce, and linking performance and cost information to budget decision-making.

The bill requires (1) the development of financial management performance-based metrics, and (2) an assessment of performance by such metrics to be included in the government-wide and agency-level financial management plans and status reports.

Text (3)
December 16, 2020
October 19, 2020
February 12, 2020
Amendments (1)
Dec 16, 2020
Agreed to in Senate
1
Sponsorship
Senate Amendment 2711
To improve the bill.
Agreed To
Actions (12)
12/17/2020
Held at the desk.
12/17/2020
Received in the House.
12/17/2020
Message on Senate action sent to the House.
12/16/2020
Passed Senate with an amendment by Unanimous Consent. (text: CR S7560-7561)
12/16/2020
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text: CR S7560-7561)
12/16/2020
The committee substitute as amended agreed to by Unanimous Consent. (text: CR S7558-7560)
12/16/2020
Measure laid before Senate by unanimous consent. (consideration: CR S7558-7561)
10/19/2020
Placed on Senate Legislative Calendar under General Orders. Calendar No. 572.
10/19/2020
Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment in the nature of a substitute. With written report No. 116-278.
07/22/2020
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
02/12/2020
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1043-1044)
02/12/2020
Introduced in Senate
Public Record
Created
Feb 13, 2020 5:57:09 AM
Updated
Feb 1, 2021 10:22:42 PM