S. 4716 · 118th Congress · 2023–2024
Financial Management Risk Reduction Act
S. 4716 in the 118th Congress (2023–2024) became law — introduced on Jul 11, 2024, sponsored by Gary C. Peters with 1 co-sponsors.
During the 118th Congress (2023–2024), Joe Biden was president, and Republicans held the House majority and Democrats the Senate majority.
- Status
- Became law
- Introduced
- Jul 11, 2024
- Co-sponsors
- 1
- Policy area
- Government Operations and Politics
- Public law
- Public Law 118-207
What it does
Financial Management Risk Reduction Act This act increases federal oversight of single audits submitted by certain recipients of federal awards (i.e., federal financial assistance, including grants, and federal cost reimbursement contracts).
Summary by the nonpartisan Congressional Research Service.
Sponsor
Gary C. Peters (D-MI). Co-sponsors: 1 Republican.
Where it stands
- IntroducedJul 11, 2024
- Passed the SenateNov 14, 2024
- Passed the HouseDec 16, 2024
- Sent to the PresidentDec 23, 2024
- Became lawDec 23, 2024
Latest action: Became Public Law No: 118-207. (Dec 23, 2024)
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- S. 670: IMPACTT Human Trafficking Act
- S. 2685: Reuse Excess Property Act
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- S. 4698: DHS Joint Task Forces Reauthorization Act of 2024
- S. 1549: Congressional Budget Office Data Access Act
Other Government Operations and Politics bills in the 118th Congress
- H.J.Res. 26: Disapproving the action of the District of Columbia Council in approving the Revised Criminal Code…
- S. 111: Providing Accountability Through Transparency Act of 2023
- S. 2747: A bill to amend the Federal Election Campaign Act of 1971 to extend the Administrative Fine…
- H.J.Res. 62: Providing for the reappointment of Michael Govan as a citizen regent of the Board of Regents of…
- H.J.Res. 63: Providing for the appointment of Antoinette Bush as a citizen regent of the Board of Regents of…
- H.J.Res. 64: Providing for the reappointment of Roger W. Ferguson as a citizen regent of the Board of Regents…
- S. 3427: Overtime Pay for Protective Services Act of 2023
- S. 1278: A bill to designate the Federal building located at 985 Michigan Avenue in Detroit, Michigan, as…
- H.R. 292: To designate the facility of the United States Postal Service located at 24355 Creekside Road in…
- H.R. 996: To designate the facility of the United States Postal Service located at 3901 MacArthur Blvd., in…
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “S. 4716 (118th Congress): Financial Management Risk Reduction Act,” https://www.capitolreceipts.com/bill/118-s-4716/financial-management-risk-reduction-act (accessed 2026-10-15).