Sec. 4. Single audit act
138 words·~1 min read·
/bill/116/hr/50/ih/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 7502(h) of title 31, United States Code, is amended by inserting before to a Federal clearinghouse the following in an electronic form consistent with the data standards established under chapter 64, . Section 7505 of title 31, United States Code, is amended by adding at the end the following new subsection: Such guidance shall require audit-related information reported under this chapter to be reported in an electronic form consistent with the data standards established under chapter 64. .
Not later than 2 years after the date of the enactment of this Act, the Director shall issue guidance requiring audit-related information reported under chapter 75 of title 31, United States Code, to be reported in an electronic form consistent with the data standards established under chapter 64 of title 31, United States Code, as added by section 3.