104 STAT. 1678 PUBLIC LAW 101-510—NOV. 5, 1990
- XC) describe any payments made under section 1553 of this
title; "(D) describe any adjustment of obligations during that fiscal year pursuant to section 1553 of this title; "(E) contain a certification by the head of the agency that the obligated balances in each appropriation account of the agency reflect proper existing obligations and that expenditures from the account since the preceding review were supported by a proper obligation of funds and otherwise were proper; "(F) describe all balances canceled under sections 1552 and 1555 of this title. "(3) The head of each Federal agency shall provide a copy of each such report to the Speaker of the House of Representatives and the Committee on Appropriations, the Committee on Governmental Affairs, and other appropriate oversight and authorizing committees of the Senate. "(c)(1) The Director of the Congressional Budget Office shall estimate each year the effect on the Federal deficit of payments and adjustments made with respect to sections 1552 and 1553 of this title. Such estimate shall be made separately for accounts of each agency. "(2) The Director shall include in the annual report of the Director to the Committees on the Budget of the Senate and House of Representatives under paragraph (1) of section 202(f) of the Congressional Budget Act of 1974 a statement of the estimates made pursuant to paragraph (1) of this subsection during the preceding year (including any revisions to estimates contained in earlier reports under such paragraph). The Director shall include in any report under paragraph (2) of that section any revisions to such estimates made since the most recent report under paragraph (1) of such section. "(d) The head of each agency shall establish internal controls to assure that an adequate review of obligated balances is performed to support the certification required by section 1108(c) of this title. "§ 1555. Closing of appropriation accounts available for indefinite periods "An appropriation account available for obligation for an indefinite period shall be closed, and any remaining balance (whether obligated or unobligated) in that account shall be canceled and thereafter shall not be available for obligation or expenditure for any purpose, if— "(1) the head of the agency concerned or the President determines that the purposes for which the appropriation was made have been carried out; and "(2) no disbursement has been made against the appropriation for two consecutive fiscal years. "§ 1556. Comptroller General: reports on appropriation accounts "(a) In carrying out audit responsibilities, the Comptroller General shall report on operations under this subchapter to— "(1) the head of the agency concerned; "(2) the Secretary of the Treasury; and "(3) the President. "(b) A report under this section shall include an appraisal of unpaid obligations under fixed appropriation accounts for which the period of availability for obligation has ended.
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