Sec. 102. Improving accounting and disclosure practices
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On request of the applicable Governor, legislature, or Board (if any), the Secretary of the Treasury (referred to in this section as the Secretary ) may provide technical assistance to a territory that the Secretary determines to be eligible for technical assistance relating to fiscal and financial practices. In providing technical assistance under subsection (a), the Secretary may, in association with any Federal department or agency or the Federal Reserve System, including any Federal Reserve Bank, provide assistance relating to— information technology upgrades; improving economic forecasting, including multiyear fiscal forecasting capabilities; budgeting, tax collection, cash management, and spending controls; ensuring that agencies in the territory use financial systems that are compatible with the systems of other agencies of the territory and Federal agencies to provide for consistent, timely financial reporting and visibility into expenses; improving and expanding economic indicators for the territory to make available for the territory the indicators regularly used to track regional conditions on the United States mainland; and such other matters as the Secretary, in consultation with the territory, determines to be appropriate.
There are authorized to be appropriated such sums as are necessary to carry out this section.