Audit the Pentagon Act of 2021

II 117TH CONGRESS 1ST SESSION S. 1707 To ensure that the Department of Defense achieves a clean audit opinion on its financial statements. IN THE SENATE OF THE UNITED STATES MAY 19, 2021 Mr. SANDERS (for himself, Mr. GRASSLEY, Mr. WYDEN, and Mr. LEE) intro- duced the following bill; which was read twice and referred to the Com- mittee on Armed Services A BILL To ensure that the Department of Defense achieves a clean audit opinion on its financial statements. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Audit the Pentagon 4 Act of 2021’’. 5 SEC. 2. DEPARTMENT OF DEFENSE SPENDING REDUC- 6 TIONS IN THE ABSENCE OF AN UNQUALIFIED 7 AUDIT OPINION. 8 If during any fiscal year after fiscal year 2022, the 9 Secretary of Defense determines that a department, agen- 10 VerDate Sep 11 2014 03:28 Jun 03, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1707.IS S1707 kjohnson on DSK79L0C42PROD with BILLS 2 •S 1707 IS cy, or other element of the Department of Defense has 1 not achieved an unqualified opinion on its full financial 2 statements for the calendar year ending during such fiscal 3 year— 4 (1) the amount available to such department, 5 agency, or element for the fiscal year in which such 6 determination is made shall be equal to the amount 7 otherwise authorized to be appropriated minus 1.0 8 percent; 9 (2) the amount unavailable to such department, 10 agency, or element for that fiscal year pursuant to 11 paragraph (1) shall be applied on a pro rata basis 12 against each program, project, and activity of such 13 department, agency, or element in that fiscal year; 14 and 15 (3) the Secretary shall deposit in the general 16 fund of the Treasury for purposes of deficit reduc- 17 tion all amounts unavailable to departments, agen- 18 cies, and elements of the Department in the fiscal 19 year pursuant to determinations made under para- 20 graph (1). 21 Æ VerDate Sep 11 2014 03:28 Jun 03, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S1707.IS S1707 kjohnson on DSK79L0C42PROD with BILLS