110 STAT. 1396 PUBLIC LAW 104-156—JULY 5, 1996 note. Public Law 104-156 104th Congress An Act July 5, 1996 To streamline and improve the effectiveness of chapter 75 of title 31, United States [S. 1579] Code (commonly referred to as the "Single Audit Act"). Be it enacted by the Senate and House of Representatives of Single Audit Act the United States of America in Congress assembled. Amendments of _ _ 1996. SECTION 1. SHORT TITLE; PURPOSES. 3l^USC 7501 (g^) SHORT TITLE. —T his Act may be cited as the "Single Audit Act Amendments of 1996". (b) PURPOSES.— The purposes of this Act are to— (1) promote sound financial management, including effective internal controls, with respect to Federal awards administered by non-Federal entities; (2) establish uniform requirements for audits of Federal awards administered by non-Federal entities; (3) promote the efficient and effective use of audit resources; (4) reduce burdens on State and local governments, Indian tribes, and nonprofit organizations; and (5) ensure that Federal departments and agencies, to the maximum extent practicable, rely upon and use audit work done pursuant to chapter 75 of title 31, United States Code (as amended by this Act). SEC. 2. AMENDMENT TO TITLE 31, UNITED STATES CODE. Chapter 75 of title 31, United States Code, is amended to read as follows: " CHAPTER 75—REQUIREMENTS FOR SINGLE AUDITS "Sec. "7501. Definitions. "7502. Audit requirements; exemptions. "7503. Relation to other audit requirements. "7504. Federal agency responsibilities and relations with non-Federal entities. "7505. Regulations. "7506. Monitoring responsibihties of the Comptroller General. "7507. Effective date. "§ 7501. Definitions "(a) As used in this chapter, the term— "(1) 'Comptroller General' means the Comptroller General of the United States; "(2) 'Director' means the Director of the Office of Management and Budget; "(3) 'Federal agency' has the same meaning as the term 'agency in section 551(1) of title 5;
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