S. 2758: Legislative Branch Financial Accountability Act of 2004

108th Congress · introduced 2004-07-22 · Congress · Latest: Read twice and referred to the Committee on Rules and Administration. (text of measure as introduced: CR S8748-8749)

federal

Follow this bill, step by step

Where it came from: introduced 2004-07-22 · official record
Who proposed it: Sen. Fitzgerald, Peter [R-IL] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Rules and Administration. (text of measure as introduced: CR S8748-8749) Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Legislative Branch Financial Accountability Act of 2004

Plain summary

Legislative Branch Financial Accountability Act of 2004 - Requires the Senate, House of Representatives, Library of Congress, Congressional Budget Office, Government Accountability Office, Government Printing Office, U.S. Botanic Garden, Architect of the Capitol, U.S. Capitol Police, and any congressional legislative branch entity not required by statute to have annual financial statements independently audited to each have a financial statement prepared in accordance with U.S. generally accepted accounting principles, and have the statement independently audited, for the preceding calendar year covering all such entity's accounts and associated activities. Requires the entities to report to appropriate congressional committees on: (1) the implementation of this Act, including whether the establishment of an office is necessary; and (2) recommendations, including legislative actions and amendments to this Act, if necessary, to effectively carry it out. Sets forth requirements for the preparation and audit of the statements.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Legislative Branch Financial Accountability Act of 2004

Source: Congressional Research Service summary (Introduced in Senate)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Fitzgerald, Peter [R-IL] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
CBO cost estimate: The Congressional Budget Office's estimate of how a federal bill would change government spending and revenue. CBO is nonpartisan.
Statute: A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-108s2758.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/108/s>

Record fed-us-cong108-s2758 · catalog fed-us-congress-bills-cong108 · updated 2026-11-15 by psicol fed-bills-cong108