Sec. 60402. Congressional notification
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The Commodity Credit Corporation Charter Act ( 15 U.S.C. 714 et seq.) is amended by adding at the end the following new section: The Secretary shall notify in writing, by first-class mail and electronic mail, the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate at least 90 calendar days (not counting any day on which both the House of Representatives and Senate are not in session) in advance of any obligation or expenditure authorized under this Act. A written notice required under subsection
(a)shall specify— the commodities that will be affected; the maximum financial benefit per commodity; the nature of the support, including— direct payments; technical and financial assistance; marketing assistance; and purchases; the expected legal entities or individuals that would receive financial benefits; the intended policy goals; the legal justification specifying the authority of this Act utilized; and the projected impacts to commodity markets. The Comptroller General of the United States shall conduct monitoring and oversight of the exercise of authorities, the receipt, disbursement, and use of funds for which a report is required under subsection (a). In conducting monitoring and oversight under subsection (c), the Comptroller General shall publish reports regarding the ongoing monitoring and oversight efforts, which, along with any audits and investigations conducted by the Comptroller General, shall be submitted to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate and posted on the website of the Government Accountability Office— not later than 90 days after the initial obligation or expenditure of funds subject to subsection (a), and every other month thereafter for as long as such obligations or expenditures continue; and submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate additional reports as warranted by the findings of the monitoring and oversight activities of the Comptroller General. In conducting monitoring and oversight activities under subsection (c), the Comptroller General shall have access to records, upon request, of any Federal, State, or local agency, contractor, grantee, recipient, or subrecipient pertaining to any obligations or expenditures subject to subsection (a), including private entities receiving such assistance. The Comptroller General may make and retain copies of any records accessed under paragraph
(1)as the Comptroller General determines appropriate. In addition to such other authorities as are available, the Comptroller General or a designee of the Comptroller General may interview Federal, State, or local officials, contractor staff, grantee staff, recipients, or subrecipients pertaining to any obligations or expenditures subject to subsection (a), including private entities receiving such assistance. As determined necessary by the Comptroller General, the Government Accountability Office may inspect facilities at which Federal, State, or local officials, contractor staff, grantee staff, or recipients or subrecipients carry out their responsibilities related to obligations or expenditures subject to subsection (a). Access rights under this subsection shall be subject to enforcement consistent with section 716 of title 31, United States Code. Nothing in this section shall be construed to limit, amend, supersede, or restrict in any manner any existing authority of the Comptroller General. Subsection
(a)shall not apply if, prior to obligating or spending any funding described in such subsection, the Secretary obtains approval in writing from at least three of the following individuals— the Chair of the Committee on Agriculture of the House of Representatives, the Ranking Member of the Committee on Agriculture of the House of Representatives, the Chair of the Committee on Agriculture, Nutrition, and Forestry of the Senate; and the Ranking Member of the Committee on Agriculture, Nutrition, and Forestry of the Senate. This section shall not apply to obligations and expenditures authorized in the Agriculture Improvement Act of 2018 ( Public Law 115–334 ). .
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