Federal Retirement Thrift Investment Board Inspector General Act of 2023
Source: Congress.gov ·
285 words in original text
What This Bill Does
This bill amends federal law to create a new Inspector General position for the Federal Retirement Thrift Investment Board. An Inspector General is an official who investigates and audits how government agencies operate to ensure they follow the law and spend money properly.
Who It Affects
The Federal Retirement Thrift Investment Board and its Executive Director are directly affected by this bill.
Key Provisions
- The Federal Retirement Thrift Investment Board is added to the list of agencies that must have an Inspector General (Sec. 2)
- The Executive Director of the Federal Retirement Thrift Investment Board is identified as the official responsible for the Inspector General position (Sec. 2)
What Changes
If this bill becomes law, the Inspector General Act of 1978 will be updated to include the Federal Retirement Thrift Investment Board as an agency that must have an Inspector General overseeing its operations.
Important Definitions
Inspector General: An official who investigates and audits government agencies to ensure they follow the law and manage money properly.
Effective Date
Not specified in bill text
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