S. 3287: CFO Vision Act of 2020
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S. 3287: CFO Vision Act of 2020
116th Congress · introduced 2020-02-12 · Government Operations and Politics · Latest: Held at the desk.
federal
Follow this bill, step by step
- Where it came from: introduced 2020-02-12 · official record
- Who proposed it: Sen. Enzi, Michael B. [R-WY] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Held at the desk. 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.
Official title
CFO Vision Act of 2020
Plain 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. Specifically, each agency shall annually assess and make a conclusion on the effectiveness of its internal controls over financial reporting and key financial management information.
Congressional Research Service summary (Passed Senate), quoted unchanged (nonpartisan). Read the source.
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Enzi, Michael B. [R-WY] · 10 cosponsors
Cost estimate: CBO cost estimate: S. 3287, CFO Vision Act of 2020 (2020-09-22)
Cosponsors on this site
Mark R. Warner (D-VA), Chuck Grassley (R-IA), Ron Johnson (R-WI), James Lankford (R-OK), Margaret Wood Hassan (D-NH), Gary C. Peters (D-MI)
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 (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Passed Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116s3287.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/s>
Record fed-us-cong116-s3287 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116