US Supreme Court Decisions On-Line | US Laws

§ 807. —  Audits and evaluation.

[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 2USC807]

                          TITLE 2--THE CONGRESS
Sec. 807. Audits and evaluation

(a) Annual audits by Comptroller General; access to books, documents, 
        papers, and records

    The financial records of the Board and of any corporation 
established under section 806(i) \1\ of this title shall be audited 
annually by the Comptroller General of the United States (hereinafter in 
this section referred to as the ``Comptroller General''). The 
Comptroller General, or any duly authorized representative of the 
Comptroller General, shall have access for the purpose of audit to any 
books, documents, papers, and records of the Board or such corporation 
(or any agent of the Board or such corporation) which, in the opinion of 
the Comptroller General, may be pertinent to the Congressional Award 
    \1\ See References in Text note below.

(b) Annual report to Congress on audit results

    The Comptroller General shall submit to appropriate officers, 
committees, and subcommittees of the Congress, by May 15th of each 
calendar year, a report on the results of the audit of the financial 
records and on any such additional areas as the Comptroller General 
determines deserve or require evaluation.

(Pub. L. 96-114, title I, Sec. 107, formerly Sec. 8, Nov. 16, 1979, 93 
Stat. 855; Pub. L. 99-161, Sec. 4(g), Nov. 25, 1985, 99 Stat. 935; Pub. 
L. 100-674, Sec. 2(e), Nov. 17, 1988, 102 Stat. 3998; Pub. L. 101-525, 
Sec. 8, Nov. 6, 1990, 104 Stat. 2308; renumbered title I, Sec. 107, Pub. 
L. 106-533, Sec. 1(b)(1), (2), Nov. 22, 2000, 114 Stat. 2553.)

                       References in Text

    Section 806(i) of this title, referred to in subsec. (a), was in the 
original a reference to section 7(i) which was renumbered section 106 by 
Pub. L. 106-533, Sec. 1(b)(2), Nov. 22, 2000, 114 Stat. 2553.


    1990--Subsec. (a). Pub. L. 101-525, Sec. 8(1), substituted ``section 
806(i) of this title'' for ``section 806(h) of this title'' and 
``annually'' for ``at least biennially''.
    Subsec. (b). Pub. L. 101-525, Sec. 8(2), added subsec. (b) and 
struck out former subsec. (b) which required audit to assess adequacy of 
fiscal control and funds accountability procedures and propriety of 
    Subsecs. (c), (d). Pub. L. 101-525, Sec. 8(2), struck out subsec. 
(c) which required the Comptroller General to include in report on first 
audit performed after Nov. 25, 1985, an evaluation of programs and 
activities under this chapter and specified contents of such evaluation, 
and subsec. (d) which directed that report on first audit performed 
after Nov. 25, 1985, was to be submitted on or before May 15, 1988.
    1988--Subsec. (a). Pub. L. 100-674 substituted ``section 806(h)'' 
for ``section 806(g)''.
    1985--Pub. L. 99-161, Sec. 4(g)(1), inserted ``and evaluation'' 
after ``Audits'' in section catchline.
    Subsec. (a). Pub. L. 99-161, Sec. 4(g)(2)-(4), designated existing 
provisions as subsec. (a), substituted ``shall be audited at least 
biennially'' for ``may be audited'', and struck out ``at such times as 
the Comptroller General may determine to be appropriate'' after 
``referred to as the `Comptroller General')''.
    Subsecs. (b) to (d). Pub. L. 99-161, Sec. 4(g)(5), added subsecs. 
(b) to (d).

                  Section Referred to in Other Sections

    This section is referred to in section 804 of this title.

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