Page:United States Statutes at Large Volume 110 Part 4.djvu/552

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

110 STAT. 3009 -389 PUBLIC LAW 104-208—SEPT. 30, 1996 FUNDS APPROPRIATED TO THE PRESIDENT FEDERAL DRUG CONTROL PROGRAMS SPECL\L FORFEITURE FUND (INCLUDING TRANSFER OF FUNDS) For activities authorized by Public Law 100-690, as amended, $112,900,000, of which $42,000,000 shall be transferred to the United States Customs Service for the conversion of one P-3AEW aircraft for the air interdiction program; of which $10,000,000 shall be available for transfer to other FedereJ agencies for methamphetamine reduction efforts; and of which $60,900,000 shall be available to the Director of the Office of National Drug Control Policy for enhancing other drug control activities, including transfer to other Federal agencies: Provided, That of the amount provided, $112,900,000 is designated by Congress as an emergency requirement pursuant to section 251(b)(2)(D)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended to become available only upon receipt by the Congress of a supplemental request from the President requesting such designation. Federal Financial TITLE VIII—FEDERAL FINANCIAL MANAGEMENT Management IMPROVEMENT Improvement Act 31 USC 3512 ^^^* ^** SHORT TITLE note. This title may be cited as the "Federal Financial Management Improvement Act of 1996." 31 USC 3512 SEC. 802. FINDINGS AND PURPOSES. ^^' (a) FINDINGS,—The Congress finds the following: (1) Much effort has been devoted to strengthening Federal internal accounting controls in the past. Although progress has been made in recent years. Federal accounting standards have not been uniformly implemented in financial management systems for agencies. (2) Federal financial management continues to be seriously deficient, and Federal financial management and fiscal practices have failed to— (A) identify costs fully; (B) reflect the total liabilities of congressional actions; and (C) accurately report the finsmcial condition of the Federal Government. (3) Current Federal accounting practices do not accurately report financial results of the Federal Government or the full costs of programs and activities. The continued use of these practices undermines the Government's ability to provide credible and reliable financial data and encourages already widespread Government waste, and will not assist in achieving a balanced budget. (4) Waste and inefficiency in the Federal Government undermine the confidence of the American people in the government and reduce the federal Government's ability to address vital public needs adequately. (5) To rebuild the accountability and credibility of the Federal Government, and restore public confidence in the Federal