This bill creates a list that identifies state and local programs at high risk of misusing federal funds. It aims to improve accountability and reduce waste in federally funded programs.
Government Audit and Accountability of Federally Funded State-Administered Programs Act This bill requires the Government Accountability Office to report on federally funded state-administered programs (including programs subject to federal single audit requirements) that are at high risk for waste, fraud, and abuse. Specifically, the report mustidentify program areas and administrative practices that make such programs systematically vulnerable to waste, fraud, and abuse; assess best practices that strengthen the administration of federally funded programs and prevent such vulnerabilities; identify federal tools, resources, and assistance to address vulnerability patterns; andinclude recommendations for addressing high-risk program areas and administrative practices.