Accountability of Tax Dollars Act of 2002
Public Law 107-289 · H.R. 4685 · 107th Congress · began in the House
Signed by George W. Bush (R) on Nov 7, 2002 · Government Operations and Politics
Sponsor: Rep. Pat Toomey (R-PA-15)
Cosponsors (11): Rep. Paul Kanjorski, Rep. Mark Souder,
Passage votes
- HouseVoice vote
- SenateUnanimous consent
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Accountability of Tax Dollars Act of 2002 - Requires executive agencies that are not otherwise required to submit annual audited financial statements (excluding Government corporations) to submit such statements to Congress and the Director of the Office of Management and Budget. (Allows the Director to waive such requirement for the first two fiscal years after enactment of this Act.)
Authorizes the Director to exempt a covered agency, with specified exceptions, from preparing such a statement for any fiscal year for which: (1) the total amount of budget authority available to the agency does not exceed $25 million; and (2) the Director determines that requiring an annual audited financial statement is not warranted due to the absence of risks associated with the agency's operations, the agency's demonstrated performance, or other factors that the Director considers relevant. Requires the Director to annually notify the House Committee on Government Reform and the Senate Committee on Governmental Affairs of each agency the Director has exempted and the reasons for each exemption.
Committees
The committees the bill was sent to, and what each did with it.
Oversight and Accountability Committee · House · referred toSubcommittee: Delivering on Government Efficiency Subcommittee
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 12 actions.
- Nov 7, 2002Became lawBecame law · Became Public Law No: 107-289.
- Became lawBecame law · Signed by President.
- Oct 28, 2002PresidentPresident · Presented to President.
- Oct 17, 2002FloorFloor · Passed Senate without amendment by Unanimous Consent.
- Oct 7, 2002FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
- FloorFloor · On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- FloorFloor · Mr. Horn moved to suspend the rules and pass the bill, as amended.
- Jun 18, 2002CommitteeCommittee · Markup by Delivering on Government Efficiency Subcommittee of the House Oversight and Government Reform Committee
- May 14, 2002CommitteeCommittee · Hearings by Delivering on Government Efficiency Subcommittee of the House Oversight and Government Reform Committee
- CommitteeCommittee · Referred to Delivering on Government Efficiency Subcommittee of the House Oversight and Government Reform Committee
- May 8, 2002CommitteeCommittee · Referred to House Oversight and Government Reform Committee
- IntroducedIntroduced · Introduced in the House
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.