123STA T . 2 9 1 PUBLIC LA W 111 –5—FE B.1 7, 2 0 09 (2)QUARTE R LY RE PO RT S.—TheBoards ha l ls ubmitq uar - terl y re p orts to the P reside n t and C on g ress , in c luding the Committees on A ppropriations o f the S enate and H ouse of R epresentati v es, summari z ing the findings of the Board and the findings of inspectors general of agencies. The Board may submit additional reports as appropriate. ( 3 )A N NUAL REPORTS.—The Board shall submit annual reports to the President and Congress, including the Commit- tees on Appropriations of the Senate and House of Representa- tives, consolidating applicable quarterly reports on the use of covered funds. ( 4 )PU B L IC A V AILABILITY.— (A) I N G ENERAL.—All reports submitted under this sub- section shall be made publicly available and posted on the w ebsite established by section 15 2 6 . (B) RE D ACTIONS.—Any portion of a report submitted under this subsection may be redacted when made publicly available, if that portion would disclose information that is not sub j ect to disclosure under sections 552 and 552a of title 5, U nited States Code. (c) RECO M MENDATIONS.— (1) IN GENERAL.—The Board shall ma k e recommendations to agencies on measures to prevent fraud, waste, and abuse relating to covered funds. (2) RESPONSIVE REPORTS.— N ot later than 3 0 days after receipt of a recommendation under paragraph (1), an agency shall submit a report to the President, the congressional committees of jurisdiction, including the Committees on Appro- priations of the Senate and House of Representatives, and the Board on— (A) whether the agency agrees or disagrees with the recommendations
and (B) any actions the agency will take to implement the recommendations. SEC.1524 . POW E R SO FTH E B O A R D . (a) IN G ENERAL.—The Board shall conduct audits and reviews of spending of covered funds and coordinate on such activities with the inspectors general of the relevant agency to avoid duplica- tion and overlap of work. (b) AUDITS AND REVIE W S.—The Board may— (1) conduct its own independent audits and reviews relating to covered funds; and (2) collaborate on audits and reviews relating to covered funds with any inspector general of an agency. (c) AUT H ORITIES.— (1) AUDITS AND REVIEWS.—In conducting audits and reviews, the Board shall have the authorities provided under section 6 of the Inspector General Act of 1 978 (5 U.S.C. App.). Additionally, the Board may issue subpoenas to compel the testimony of persons who are not F ederal officers or employees and may enforce such subpoenas in the same manner as pro- vided for inspector general subpoenas under section 6 of the Inspector General Act of 1978 (5 U.S.C. App.). (2) STANDARDS AND GUIDELINES.—The Board shall carry out the powers under subsections (a) and (b) in accordance Audits.Webpo sti ng .
