HR 7683 — VA Fiscal Management Modernization Act

Bill Text

• Introduced Introduced in House Current html February 25, 2026

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill amends the designation and duties of the Chief Financial Officer of the Department of Veterans Affairs, expanding its authority and establishing new offices and positions.

• 38 U.S.C. § 309

  The Secretary shall designate the Assistant Secretary whose functions include budgetary and financial functions as the Chief Financial Officer of the Department. The Chief Financial Officer shall advise the Secretary on financial management of the Department and shall exercise the authority and carry out the functions specified in section 902 of title 31. → The Secretary shall designate the Assistant Secretary for Management, whose functions include budgetary and financial functions, as the Chief Financial Officer of the Department. The duties of the Chief Financial Officer include the following: (1) To advise the Secretary on financial management of the Department. (2) To formulate, justify, and execute the budget of the Department. (3) To control, account for, audit, and report on the finances of the Department. (4) To exercise the authority and carry out the functions specified in section 902 of title 31. (5) To ensure compliance with sections 1341, 1342, 1349, 1350, and 1511 through 1519 of title 31 (commonly referred to as `the Antideficiency Act'). (6) To provide to Congress (or a congressional committee), upon request, information regarding the budget and finances of the Department. (7) To serve as the head of the Office of Management of the Department.

  This change clarifies the designation of the Chief Financial Officer and expands their duties significantly.

• 38 U.S.C. § 308(d)(1)

  19 → 21

  This change increases the number of Deputy Assistant Secretaries in the Department from 19 to 21.

• 38 U.S.C. § 729

  An employee described in paragraph (2) shall report exclusively to the Chief Financial Officer of the Department designated under section 309 of this title. An employee described in this paragraph is an employee of the Department-- (A) whose position is that of chief financial officer of an Administration of the Department or Veterans Integrated Service Network; or (B) whose duties are substantially similar to a position described in subparagraph (A). An employee described in paragraph (2) may not perform a programmatic or operational function in the Department. The Secretary may not establish a employee position-- (1) that performs a function substantially similar to the function of the Legislative and Congressional Budget Information Office of the Department established under section 309(d) of this title; and (2) that is not within the Legislative and Congressional Budget Information Office.

  This addition establishes a new requirement that certain financial employees report exclusively to the Chief Financial Officer and limits their functional authority.

• 38 U.S.C. § 309(d)

  There is within the Office of Management a Legislative and Congressional Budget Information Office (in this subsection referred to as the `LCBI Office'). The Chief Financial Officer shall appoint a head of the LCBI Office who shall report exclusively to the Chief Financial Officer. The sole function of the LCBI Office is to provide to Congress (or a congressional committee), accurate, timely, and certified information regarding the finances and budget of the Department. Not more than 15 full-time equivalent employees, including supervisors, may be assigned to the LCBI Office.

  This change creates a new office within the Department focused on providing budget information to Congress.

Action History

1. February 25, 2026

   Introduced in House

2. February 25, 2026

   Introduced in House

3. February 25, 2026

   Referred to the House Committee on Veterans' Affairs.

4. March 24, 2026

   Referred to the Subcommittee on Oversight and Investigations.

5. March 25, 2026

   Subcommittee Hearings Held

6. April 15, 2026

   Subcommittee Consideration and Mark-up Session Held

7. April 15, 2026

   Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.

8. May 14, 2026

   Committee Consideration and Mark-up Session Held

9. May 14, 2026

   Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 13 - 10.

10. May 14, 2026

    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 13 - 9.

Sponsors

• Jack Bergman · Primary

Subjects