S. 2133 · 114th Congress
Fraud Reduction and Data Analytics Act of 2015
Law · 114-186 · Jun 30, 2016Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.
D
CarperSponsor5 cosponsors · 2 D, 3 R
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Oct 5, 2015
- Senate Passed Apr 12, 2016
- House Passed Jun 21, 2016
- President To the President Jun 23, 2016
- President Signed Jun 30, 2016
- Law Jun 30, 2016
What it does: CRS summary · Public Law · Jun 30, 2016
(This measure has not been amended since it was passed by the Senate on April 12, 2016. The summary of that version is repeated here.)
Fraud Reduction and Data Analytics Act of 2015
(Sec. 3) This bill requires the Office of Management and Budget (OMB) to establish guidelines for federal agencies to establish financial and administrative controls to identify and assess fraud risks and design and implement control activities in order to prevent, detect, and respond to fraud, including improper payments.
The guidelines shall incorporate the leading practices identified in the report published by the Government Accountability Office on July 28, 2015, entitled "Framework for Managing Fraud Risks in Federal Programs."
The financial and administrative controls shall include:
- conducting an evaluation of fraud risks and using a risk-based approach to design and implement financial and administrative control activities to mitigate identified fraud risks;
- collecting and analyzing data from reporting mechanisms on detected fraud to monitor fraud trends and using that data and information to continuously improve fraud prevention controls; and
- using the results of monitoring, evaluation, audits, and investigations to improve fraud prevention, detection, and response.
Each agency shall submit as part of its annual financial report a report on its progress in:
- implementing such financial and administrative controls, the fraud risk principle in the Standards for Internal Control in the Federal Government, and OMB Circular A-123 leading practices for managing fraud risk;
- identifying risks and vulnerabilities to fraud; and
- establishing steps to curb fraud.
(Sec. 4) The OMB must establish a working group to: (1) improve the sharing of financial and administrative controls and other best practices and techniques for detecting, preventing, and responding to fraud, and the sharing and development of data analytics techniques; and (2) submit a plan for a federal interagency library of data analytics and data sets for use by agencies and Offices of Inspectors General to facilitate the detection, prevention, and recovery of fraud.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fraud Reduction and Data Analytics Act of 2015
Latest action (Jun 30, 2016): Became Public Law No: 114-186.
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Oct 5, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- Senate Introduced Oct 5, 2015
- Senate Passed Apr 12, 2016
- House Passed Jun 21, 2016
- President To the President Jun 23, 2016
- President Signed Jun 30, 2016
- Law Jun 30, 2016
No recorded floor vote found.