NASACT - The National Association of State Auditors, Comptrollers and Treasures
NASACT - The National Association of State Auditors, Comptrollers and Treasures
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NASACT - The National Association of State Auditors, Comptrollers and Treasures
   
 
 
Washington Update
2010 What's Inside...
July 26, 2010 SEC Oversight Hearing Outlines Goals for the Commission, Unemployment Extension Passes, Improper Payments Bill Signed Into Law, Using Social Networking As a Government Operation Gets Hearing on Hill
July 19, 2010 Improper Payment Bill Goes to President for His Signature, Report on State Tax Revenue Shows Erratic Economy, SEC Oversight Focus on Upcoming House Hearing, Obama Names New OMB Director
July 6, 2010 GAO: Recovery Act Results Not Explained Well to the Public; Financial Regulatory Reform Vote Pushed Back Until After Recess; Improper Payments Hearing Delayed; House Passes Unemployment Extension - Awaits Senate Action; SEC Approves Pay-to-Play Rules
June 28, 2010 Final Vote on Financial Reform Could Occur this Week, Improper Payments Legislation Passes Senate - Close to Becoming Law, SEC to Hold Open Meeting on Pay-to-Play Activities, Governmental Affairs to Look Into Improper Payments on Thursday
June 21, 2010 Financial Reform Conference Committee Enters Second Week, Interchange Fee Debate Hits the Senate, New State Taxes of Rental Vehicles Could be Banned Under Proposed Legislation
June 14, 2010 Judiciary Focuses on Pre-Emption of State Taxes on Rental Cars, Senate Appropriators to Look at Interchange Fees, Conferees Selected; Financial Reform Bill Down to the Last Phase
June 2, 2010 GAO Releases Latest Recovery Act Report: States Should Do More, SEC's Holds Open Meeting on Muni Market Rules, Senate Reviews Improper Payment in Unemployment Insurance; DOL Sends Draft Recovery Legislation to Congress
May 24, 2010 Financial Regulatory Reform Heads to Conference, SEC to Hold Open Meeting on Muni Market Rules, Internet Gaming One Step Closer to Becoming Legal, Accounting Standards Hearing Looks at International Convergence; Legality of PCAOB
May 17, 2010 Build America Bonds Included in National Infrastructure Bank Hearing, IRS and Treasury Issue Their Priority Guidance Request for 2010-11, IRS Names New Members to the Act
May 10, 2010 State Tax Hearing Debates Uniform Standards, State Unemployment Insurance Hearing Paints Bleak Picture, Recovery.gov Gets Covered by a New iPhone App, Ways and Means to Examine Creation of Infrastructure Bank
May 3, 2010 House Passes Key Improper Payment Bill, First Meeting of the Debt Commission Held, Interchange Fee Hearing Held in Judiciary, Popular BAB Extension May Move to New Legislative Vehicle
April 26, 2010 Fiscal Debt Commission to Meet on Tuesday, Credit Card "Fair Fee" Hearing Slated for Wednesday, Credit Rating Agencies Take Heat in Senate Committee
April 19, 2010 Cell Phone Delisting Passes House -- Heads to Senate, President Signs COBRA Extension, State Tax Revenues Focus of Judiciary Hearing
March 29, 2010 2010 Washington Office Survey Complete, Ways and Means Looks at Spending in Light of IMF Comments, Comptroller General Nominees Sent to White House, Deficit Panel Members Finalized
March 22, 2010 List of Possible Comptroller General Nominees Creates Rift, State Alcohol Regs Face Scrutiny in Judiciary, Upcoming Hearings Highlight Extremely Busy Week
March 15, 2010 GOA Releases Latest Recovery Act Audit Report, House Committee Holds Field Hearing with California State Auditor, Judiciary Looks at Medicaid Fraud
March 8, 2010 SEC, IRS, Sign Muni Market MOU, SSA Unveils Open Government Plan, MSRB Showcases New Training Video for EMMA Use
March 1, 2010 Transportation Committee Conducts One-Year ARRA Review, HR 4552 Would Affect Government Benefit and Payment Cards, CBO Releases ARRA Impact Report
February 16, 2010 Federal Budget Proposal Released: BAB's Made Permanent? Judiciary Hearing Looks at Tax Nexus Between States and Federal Government
February 2, 2010 Budget Committees Hear the Country's Economic Forecast, Subcommittee Field Hearing Reviews Federal Nutrition Programs/Improper Payments, President's Open Government Initiative Underway
January 25, 2010 Congress Returns From Holiday Recess to Address Job Creation, House Looks at Long-Term Deficits, Former U.S. Comptroller General Continues for Fiscal Responsibility
2009 What's Inside...
December 22, 2009 OMB Releases New Guidance for ARRA Job Calculations, House Passes Unemployment Benefit/Medicaid Extension, Senator Asks IRS to Examine Tax Delinquent Health Care Contractors
December 14, 2009 House Oversight Committee Reauthorizes - Improves on Grants.gov, Fiscal Task Force Releases Fact Sheet, Georgia Testifies Before Senate Committee on Improving Government Performance
December 7, 2009 Joint Economic Committee "Shines Light" on Derivatives, Rockefeller Report Shows State Fiscal Update, Transportation Committee Showcases Recovery Act Projects in Several Border States
November 23, 2009 GAO Releases New Stimulus Oversight Report at House Hearing, GAO Audit Hammers SEC, Federal Performance-Budgeting Endeavor to Possibly Utilize State Models, Regulatory Changes Examined in Senate
November 16, 2009 Senate Banking Committee Chairman Chris Dodd Introduces Financial Reform Legislation: GASB Funding and Municpal Disclosure to be Studied, Senate Looks at Long-Term Fiscal Stability, Pew Releases New State Budget Report
November 9, 2009 SEC Commissioner Says Muni Market Should be Under SEC Authority, SEC Forces JPMorgan to Pay $725 Million in Municipal Bond/Swap Settlement, Financial Services Proposing Bounty Money for SEC Whistleblowers
November 2, 2009 3% Withholding Recommendations Announced in IRS Meeting, Medicaid Audits Become Focus of Judiciary Hearing, Government Contracting Examined by Senator and Former NASACT Member, Joint Economic Committee Looks at Recovery Act Impact
October 26, 2009 Homebuyer Tax Credit May be Extended - But TIGTA Points to Fraud in Program, Lengthy Markup Sessions Highlight Derivatives Legislation, ICMA Paper Proposes New Measurements for ARRA Reporting
October 19, 2009 House Leadership to Hold Stimulus Provision Extension Meeting on Wednesday, Derivatives Legislation Picking up Speed, GAO Releases Update to Long Term Fiscal Outlook
October 13, 2009 House Conducts Interchange Fee Hearing, Possible Extension of Certain Stimulus Provisions Under Discussion, FederalReporting.gov Sees First Deadline -- Last Minute Grace Period Announced, House Subcommittee to Dig Into ARRA Jobs Reports
October 5, 2009 Credit Rating Agency Taken to Task, Interchange Fee Hearing Set for Thursday, Transportation Committee Releases Latest Stimulus Update, Utah, California Named "Best Of" Online Portl Contest Winners
September 28, 2009 GAO Releases Third Report to Congress Concerning ARRA, Continuing Resolution Passes House, Recovery.Gov 2.0 Goes Live
September 21, 2009 Senate Conducts Werfel Confirmation Hearing, House Subcommittee Hears About Improved Financial Oversight, State Unemployment Insurance a Focus for the Senate
September 14, 2009 Congress Returns - Addressed Stimulus Oversight, First Quarterly Report on Recovery Act Released, Broadband Stimulus Oversight Takes the Stage, Technology-Based Financial Oversight Hearing Scheduled for Wednesday
August 10, 2009 Recovery Act FAQs Now Available, OMB Releases Compliance Supplement Addendum, Senate Closes Congressional Session With Credit Rating Agency Hearing, SEC Requests Comments on Pay-to-Play Proposals
August 3, 2009 Treasury Requests Comments on College Savings Plans, New Improper Payments Legislation Introduced, REAL ID to Get Tweaked, Stimulus Progress Report Featured in Transportation Committee
July 27, 2009 SEC Requests Comment on Voluntary Submissions to EMMA, DEC Holds Open Meeting on New "Pay-to-Play" Rules for State Finance Officials, NCSL Says ARRA Helps States, Rockefeller Report Shows Rough State Budget Picture
July 20, 2009 SEC's Open Hearing Focuses on Muni Market, Stimulus Forum Showcases Issues with Recovery Act, Former State Treasurer to Head Financial Crisis Commission, Senate Committee Schedules Another Stimulus Oversight Hearing This Week
July 13, 2009 GAO Releases State Report on Stimulus Tracking, Latest Stimulus Oversight Hearing Goes Overtime, SEC Budget Could Go Over a Billion
June 29, 2009 OMB Releases Reporting Guidance for ARRA, Transportation Committee Reviews ARRA Funding Accountability, Recovery Board Releases Public Dialogue Report, NASBO Releases Latest State Budget Report, GWU to Host Roundtable on Stimulus Accountability
June 23, 2009 Sweeping Financial Industry Oversight Proposals Announced by Administration, Treasury Outlines Five-Point Plan for Reform Proposals, Financial Services Up Busy Week
June 13, 2009 Comments Requested on Cell Phone Usage, USDA's ARRA Funds Get Status Update, Cell Phone Tax Bill Goes Before Subcommittee, IRS's ACT Conducts Annual Meeting
June 8, 2009 Congress Returns from Memorial Day Recess: ARRA Funds for Agriculture Reviewed - Derivatives Market to be Examined - Cell Phone Tax Bill Goes Before Subcommittee, IRS's Act to Meet on Wednesday
May 26, 2009 ARRA Funding Measure Passes House, Interchange Fee Issue to be Examined by GAO, House Committee Looks at Possible Changes to the Muni Market, Select Revenue Discusses Government Bonds
May 18, 2009 Interchange Fee Amendment Pops Up in Credit Card Reform Bill, House Committee to Hold Big Muni Finance Hearing This Week, Select Revenue to Discuss Government Bonds
May 11, 2009 House Committee Marks Up ARRA Funding Bill, Recovery Board Chair Goes Before House Committee to Discuss Stimulus Oversight, Municipal Governments Press to be Made Whole in Wake of Lehman Failure
May 4, 2009 Funding for ARRA Introduced in House, Recovery Board Chair Goes Before House Committee to Discuss Stimulus Oversight, Credit Card Bill Would Curb Industry Practices Significantly, Muni Bill Hearing Delayed
April 27, 2009 Senate Holds Stimulus Oversight Hearing, SEC Says Muni Market Will be Improved Upon, Improper Payments in Medicaid Pops Up in Senate Discussions, Details Released on Upcoming Stimulus Oversight Hearings
April 6, 2009 Senate Holds Stimulus Oversight Hearing, Interchange Fee Discussion Pops Up in Credit Card Bill Markup, Recovery Act Oversight Goes on the Road
March 30, 2009 SEC Chairman Says Muni Market Might Need Regulatory Oversight, Grants.gov Poses "Risk" on Recovery Implementation, Treasury Says 3% Withholding Could "Cause Harm", Stimulus Oversight to Pop Up in Two Hearings This Week
March 23, 2009 Illinois Auditor General Testifies Before Congressional Committee, 3% Withholding Hearing Coming in April, NASACT's New Website Streamlines Washington Connection, House Committee Looks at State Finance Laws
March 16, 2009 "Recovery Czars" Meet with President - Vice President, Obama Aides Tell Governments to Look for a Better Relationship, New Bill Introduced on State Government Divestment in Iran, Washington Office Survey Concludes
March 9, 2009 Senate Holds Stimulus Accountability Hearing, State's Property Rights Come Into Play in New Electric Grid Proposal, Obama Changes Contracting Rules, Washington Office Survey Underway
March 2, 2009 Washington Office Survey Underway, Stimulus Accountability Takes Center Stage on Thursday, White House Seeks Feedback on Transparency Memo, House Financial Services Committee to Have Busy Weeks of Hearings
February 16, 2009 Stimulus Bill Passes with State Aid, Senate Banking Goes After Credit Card Regulations, Financial Services Committee Outlines Oversight Agenda - Muni's Included.
February 9, 2009 Stimulus Proves to be Moving Target, SCHIP Expansion Signed Into Law, New "CPO" Withdraws from Consideration, Standard and Poor's Will Take Stimulus Into Account When Rating States, Former Comptroller General Calls for Debt Task Force
February 2, 2009 IRS Looks Into Government Bond Financing, Senate Adds Subcommittee to Look at Government Contracts, SCHIP Expansion Scheduled to Pass This Week
January 26, 2009 Senate Stimulus Package Contains One-Year Delay of 3% Withholding Rule... So Far, Obama Opens Up the White House, GAO Releases High-Risk Update, Orszag Approved for OMB
January 21, 2009 Details of Stimulus Package Become Clearer, Acting Comptroller General to Go Before Senate Committee, Chairman Frank Tweaks TARP
January 12, 2009 Congress Returns to D.C. to Start New 111th Session, Obama Names CPO, SCHIP Reauthorization in the Queue, Former State Comptroller Burris Getting Headlines with Senate Appointment, Committees to Examine Debt Policy - TARP
2008 What's Inside...
November 24, 2008 Congress Returns For Busy Lame-Duck Session, SEC Calls for Emergency Meeting for November 24th, Senate Committee Hears That State Aid Might Be a Good Idea
October 6, 2008 Bailout Passes With Extenders Attached, Brookings Releases New State E-Gov Report, Lessons Learned for Funding State IT Projects, Government Reform Committee Gets Very Busy During Recess
September 29, 2008 Bush Administration Offers $700B Bailout Plan, Stimulus Package Passes House, NABL Comments on Disclosure and EMMA, AIG and Lehman to Face Congress
September 22, 2008 Fiscal Meltdown Reshapes Hill Agenda, As US Goes Further Into Debt - Irag Sees Surplus Surge, State/Local Cell Phone Taxes Debated, Accounting Takes Center Stage in Senate Committee
September 15, 2008 After Conventions - Congress Returns to Work, Cell Phone Taxes - ARS's Next on Hearing Agenda
August 4, 2008 Muni Bond Rating Legislation, Credit Card Bill, Get Markups, Massive Housing Bill Signed Into Law, SEC, MSRB Propose EMMA as New Central Muni Depository, SEC Allows Companies to Use Blogs, Web Sites as Disclosure Tools
July 28, 2008 Landmark Housing Legislation Ready for President's Signature, Social Security Unveils New Retirement Calculator, Pay-for-Performance for Government Employees Explored, House Hears Ideas on Fiscal Relief in State Health Care
July 21, 2008 Senate Committee Examines Retirement Savings, Credit Raters Bill Faces Delayed Markup, Several Hearings of Note to Dominate in the Week Upcoming, House Committee Passes Credit Card Fee Negotiation Bill
July 14, 2008 Congress Gets Back to Work, Senate Committee Will Look at Retirement Savings, Impeachment Resolutions to Appear in Judiciary, Credit Raters Bill Removed From Scheduled Markup
June 30, 2008 Congress Departs for July 4th Recess, Walker Testifies on Capitol Hill, Senate Committee Approves Three New SEC Commissioners, Another War Supplemental Heads to President, IRS Increases Standard Mileage Rate for Remainder of 2008
June 23, 2008 Acting Comptroller General Appears Before Senate Finance Committee, David Walker to Visit Capitol Hill, Fiscal Report Paints a Bleak Picture for States, House Ways and Means Committee Looks at Stimulus Payments
June 16, 2008 Acting Comptroller General to Testify on Tuesday, Ways and Means Looks at Stimulus Payments, House Sends Article of Impeachment to Committee, House Cancels Grant-Making Hearing
June 9, 2008 Budget Resolution Moves Debt Limit Over $10 Trillion, Intelligence Committee Releases War Report, Interchange Fees Partly to Blame for High Gas Prices Says NACS, Two House Hearings to Focus on Grant Making- Electronic Payments
May 27, 2008 Congress Goes Into Memorial Day Recess, Walker and Peterson Appear on CNBC, Second Stimulus Package In the Works, Muni Industry "Critic" Will Not Seek Re-Election
May 19, 2008 Alaska Tells Congress: Get Rid of 3% Withholding Requirement, Debt Limit Needs to be Raised by Year End, House Judiciary Looks at Credit Card Fee Legislation, GAO Issues Its Own Interchange Fee Report
May 12, 2008 State Grant Money for Foreclosure Rehab Passes House - Bush Threatens Veto, SEC Contemplates "Dedicated Funding" for New Oversight, Hiring Government Employees on the Agenda in Senate, House Judiciary to Look at Credit Card Fee Legislation
May 6, 2008 Federal Money for Public School Construction Makes Its Way Through House, Senate Hearing Reviews Latest REAL ID News, Huge Housing Bill Coming Together - May Include State Grant Money, Hiring Government Employees on the Agenda in Senate
April 28, 2008 Loans and Grants to States Considered to Stimulate Housing, Homebuyer's Financial Literacy Gets Its Day on the Hill, SEC Ponders Changes to Credit Rating Agencies
April 22, 2008 Financial Literacy Hearing Focuses on State-Federal Government Role in Fiscal Education, SEC to Promote EMMA Use Next Month, House Committee Passes Bipartisan Medicaid Rule Delay - Ignoring Veto Threat
April 14, 2008 House Marks Up SCHIP Rule Delay, SEC Financial Reporting Advisory Committee to Hold Open Meeting, Tax Week Brings Tax Hearings, Avatars in Congress?
April 7, 2008 Congress Returns from Recess with Flurry of Hearings, Medicaid Bill Looks to Postpone Rules for States, Think Tank Release Report on Nation's Fiscal Imbalance on Entitlements, SCHIP Directive Hearing Scheduled for April 9
March 19, 2008 Animated Muni Market Hearing Lasts an Entire Day, Amendments to Improper Payment Act Proposed, SEC to Allow Debt Buybacks in Auctions, Have You Visited the Bill Tracker Recently?
March 10, 2008 Muni Bond Hearing Now Scheduled for March 12, Pew Issues "Grading the States" Report, House Subcommittee to Look at "Proper" Role of Government, Senate Committee Schedules Markup of Government Purchase Card Legislation
March 3, 2008 Muni Bond Hearing Postponed, Accounting Standard Setters to Get a Re-Work, Accounting Standards Convergence Moving Briskly - Surprising Euro Partners, House Panel to Look at Derivatives
February 19, 2008 Comptroller Walker Offers Surprise Resignation, Upcoming NFMA Paper to Propose More Disclosure Requirements, Lengthy Hearing Addresses Bond Insurance Industry Issues
Feburary 11, 2008 Stimulus Package Passes and Sent to President for Signature, SEC Funding Continues to Grow in the President's Budget Proposal, House Financial Services Subcommittee to Look at Bond Industry
February 4, 2008 Senate Homeland Security and Governmental Affairs Subcommittee Looks into Agency Payment Errors, MSRB Asks for Comments on New Muni Filing System, Comptroller Stresses Fiscal Responsibility Before Senate Committee
January 28, 2008 Senate Homeland Security and Governmental Affairs Subcommittee to Look at Agency Payment Errors, Final REAL ID Rules Issued, NEW IRS Commissioner Goes to Confirmation Hearing, Onslaught of Economic Hearings Scheduled for This Week
January 22, 2008 Bernanke Tells Budget Committee Stimulus Needed, Economic Stimulus Package Under Discussion, U.S. Dollars in Iraq Keep Going Unaccounted For, Ways and Means Looks at Social Security Benefits Changes
2007 What's Inside...
December 17, 2007 SEC Conducting Roundtables on International Accounting Standards, Senate Subcommittee Hearing Looks at Federal Agency Management, Banking Committee Hearings Looks at Financial Literacy for Holiday Shoppers
November 19, 2007 Unpaid Taxes of Medicaid Providers Cause Senate to Hold Hearing, President Issues Executive Order to Create Performance Improvement Council, Democrats Submit Two Names for SEC Commissioner Vacancies, Congress Goes Into Recess... With a Catch
November 13, 2007 Senate Subcommittee Examines Pensions, Senate to Hold Hearing on Unpaid Taxes of Medicaid Providers, Second Notice: IRS Annonunces Request for Nominations to ACT, No Recess for Congress
November 5, 2007 IRA Announces Request for Nominations to ACT, Senate Budget Committee Hosts Comptroller to Discuss Fiscal Imbalances, Regulatory Effects on State Medicaid Takes Stage in House, Senate Bill Passes Out of Committee to Enhance Public Corruption Penalties
October 29, 2007 Rangel Introduces Massive Tax Reform Bill, Rangel Also Look at Retirement Plan Fees, Senate Subcommittee Reviews Single Audit Report Findings, Senate Subcommittee Also Looks at International Accounting
October 22, 2007 Sudan Divestment Bill Passes Out of Senate Committee, SCHIP Veto-Override Vote Brings Promise of Another Bill, Senate Subcommittees to Hold Hearings on Single Audit and International Accounting, House Passes Internet Taxation Moratorium Extension
October 9, 2007 One-Year Extention of Withholding Provision May See Floor Consideration, Bush Vetoes Children's Health Care Bill, Treasury Announces Members of Audit Panel, SEC Loses Another Commissioner, House Committee Looks at Financial Systems Risk
September 17, 2007 Debt Ceiling Pushes Nearly $10 Trillion; Congress Forced to Raise Limit This Month, House Committee to Look at Performance Budgeting, Senate Judiciary Look at Federal Regulatory Encroachment on State's Authority
September 10, 2007 SCHIP Debate Heats Up, TIGTA Hits IRS on Collecting Taxes From Government Entities, Senate Bill Would Create Tax-Credit Transportation Bonds, TIGTA Also Goes After IRS in Handling State Taxpayer Data
August 6, 2007 SEC Chairman Tells Congress That Muni Market Needs Legislative Fix, Call for Debt Ceiling to be Raised, Cost of Wars to Exceed $1.2 Trillion, SCHIP Debate Dominates Action During Final Week Before Recess
July 23, 2007 SEC Chairman Criticizes Muni Market - Suggests Legislative Fix, House Reauthorizes Appalachian Aid Panel for Twelve States, OMB Confirmation Hearings Set
July 16, 2007 GAO's Walker Appears on 60 Minutes, Senate Appropriations Committee Cuts Private Debt Collection at IRS, Senate Republicans Hit Bush on Possible SCHIP Veto, New OMB Nomination Put on Hold
July 2, 2007 Congress Goes into July 4th Recess, SEC Commissioner Comments on Markets, SEC Announces Advisory Commission on US Financial Reporting, NABL Comments on PILOTs Rulemaking
June 25, 2007 ABA Conducts Tax Gap Conference, Treasury to Create New Audit Advisory Panel, OMB Director Resigns, Rockefeller Institute Releases Revenue Report
June 11, 2007 House Discusses Allowing State First-Responders Collective Bargaining; House Subcommittee Cancels New “Bond Bank” Hearing; NASBO Fiscal Survey Released; IRS Ramps Up Derivatives Focus; Payment Systems and Internet Gambling Looked at in House
May 29,2007 IRS Debt Collection Outsourcing Slammed During Hearing, Annual ACT Meeting Scheduled for Mid-June, House Committee Passes Iran Energy Divestment Bill, House Subcommittee to Examine Creation of New “Bond Bank” for U.S. Territories
May 21, 2007 SEC Chairman Cites Quality of Disclosure to Address Fraud in the Municpal Market as Emerging Risk, Divestment Bill Would Require Federal List of Entities Investing in Iran, Can IRS Debt Collection Be Outsourced?
May 14, 2007 Supreme Court Conferences on Kentucky Bond Case, CPO Trial Set For September 2008, Senate Judiciary Asks: Will REAL ID Make Anyone Safer?
May 7, 2007 House Representative Calls for Issuers to Improve Disclosure, Financial Literacy Examined in Senate, California Unveils New Bond-buying Website, Senate Committee to Ask: Will REAL ID Make Anyone Safer?
April 30, 2007 Congressional Hearings Ramp Up, U.S. Comptroller Makes Guest Appearance on "The Colbert Report", Kucinich Introduces Impeachment Resolution Against Vice-President
April 23, 2007 Congress Returns from Spring Break, IRS Commissioner Resigns, States Look to "Combined Reporting" as a Method of Tax Reform
April 3, 2007 SEC Chairman Says GASB is Needed, Congress Goes Into Recess Following Election Verification/Audit Hearing, NCSL, NGA Comment on REAL ID, PCAOB Joins International Audit Group
March 26, 2007 GAO Gives Progress Update - Seeks More Operational Funding, Key Hearings Slated for Both House and Senate, New Comptroller Position Signed Into Law in New Jersey
March 19, 2007 Congress Prepares Massive War Supplemental, NABL Responds to IRS on Record Retention Issue, ACF Conducts Annual PARIS Conference with Record Attendance; Topics Include Improper Payment Pilot Projects, GFOA Examines GASB Role
March 12, 2007 Washington Office Survey Completed, SEC Chairman Proposes Muni Market Review, MSRB Could Operate CPO if DAC Lawsuit Succeeds, Senate Subcommittee Looks at Credit Card Fees
March 5, 2007 Senate Conducts Federal Financial Management Hearing, OMB Launches federalspending.gov to Solicit Opinions on FFATA, REAL ID Extension Language Now Available
February 20, 2007 Bill Introduced to Repeal 3% Withholding, Elections Legislation Designates State Auditor to Appoint Audit Committee, REAL ID Extension Introduced in Senate, House Conducts Oversight Hearing on Agency Guidance
February 12, 2007 NFMA Chairman Criticizes DAC Lawsuit, NABL Submits Comments on the Definition of Essential Governmental Functions, House to Look at President's Recent Executive Order on Agency Guidance
February 6, 2007 DAC Comes Under Fire for T-MAC/CPO Lawsuit, Congress Approves Continuing Resolution, Budget Committee Looks at Fiscal Challenges
January 29, 2007 DAC Sues T-MAC/CPO for Patent Infringement, Government Facing Year-Long Continuing Resolution, Budget Committee Schedules Hearings on Fiscal Challenges
January 22, 2007 President Amends Executive Order on Regulatory Planning and Review, PCAOB Releases Audit of Two of the Big Four Accounting Firms, Washington Survey Coming Soon!, Ways and Means Lines Up Hearings
January 15, 2007 DAC Patent May Cause Problems for CPO, Moody's Discusses OPEB Issues for Cities, Budget Committee Hears Distressing News on the State of America's Financial Condition
January 8, 2007 House/Senate Return for First Session of 110th Congress, First Slate of New Bills Introduced, State Sales Tax Reduction Passes, Hearings Crank Up
2006 What's Inside...
November 20, 2006 Shift in Power Shakes up Congress as It Returns to Select New Leadership, IRPAC Conducts Public Meeting, Senate Subcommittee Looks at State CHIP Programs
October 2, 2006 Congress Conducts Flurry of Finance Hearings Prior to Recess
September 25, 2006 Congress in Town for One More Week, Report Says IRS Having Trouble Identifying Government Entities, State Groups Release Report Outling Costs of REAL ID Implementation
September 11, 2006 Congress Returns, Faces Tight Election Timetable, Senate Passes Its Version of Grants-Tracking Legislation, House Subcommittee Conducts Field Hearing on State and Local Government Retirement Security, Muni Council to Conduct CPO Demonstration
September 18, 2006 Congress Still Working on Tax Break Extenders, House Discusses Dynamic Analysis in Budgeting, Senate Committee Examines Financing of Terrorism, Second Anniversary of CPO Shows Huge Increase in Use
August 9, 2006 State Sales Tax Deduction Extension Gets Caught Up in Estate Tax Defeat, Field Hearing on State and Local Government Retirement Security Postponed, Senate Finance Looks Again at Tax Reform Issue, Congress Departs for Summer Recess
July 31, 2006 House Moves Financial Transparency Bill to Senate, Business Tax Elimination Tabled, Treasury Releases "Dynamic Analysis" Report on the Possible Permanent Extension of the President's Tax Relief Policies
July 24, 2006 Very Busy Congressional Week Culminates in Several Key Hearings, CMS Announces Medicaid Integrity Plan, State Taxation Debate Gets Hearing in Senate
July 17, 2006 House Looks to Expand State Bond Rating Businesses, Senate Hold Hearing on Grant Recipient Disclosure, Credit Card Interchange Hearing Added to Hearing Agenda, Oversight Subcommittee Looks at Tracking Terrorism Financing
July 6, 2006 IRS Headquarters Shut Down Until End of July, FDIC Conducts XBRL Meeting, TBMA/SIA Approve Merger, Congress Goes Into July 4 Recess
June 19, 2006 Congressional Hearings Dominate the Week's Activities, NGA, NASBO Release State Fiscal Survey
June 12, 2006 ACT Conducts Annual Recommendations Meeting, War Supplemental Comes Together, House to Look at State Taxation - Government Efficiency
May 30, 2006 Legislation Slows as Congress Recesses for Memorial Day, War Supplemental Pushed Back into June, $192 Million to be Spent on G-Gov Initiatives, NGA, NCSL Release REAL ID Implementation Report
May 22, 2006 War Supplemental Bogs Down, Tax Extensions May be Added to Pension Bill, House Subcommittee Examines Issues Regarding Cash Transaction Reporting and Money Laudering
May 15, 2006 Tax Cut Package Moves - Budget Resolution Does Not, GFOA Conducts Annual Conference; Looks at Audit and OPEB Issues, Rockefeller Institute Releases Wave of State Fiscal Research Documents
May 8, 2006 PCAOB to Host Internal Control Roundtable, SEC Chief Addresses House Committee, Emergency Supplemental Spending Bill Passes $108 Billion in Senate
May 1, 2006 IRS Names New Members to ACT, IRS Joins With States to Address Money Laundering Concerns, Public Service Work begins May 1
April 10, 2006 Taiwan Accounting Official Visits D.C. Office, Surge in Filings Shows Greater Use of Central Post Office (CPO), Oversight Hearing on Improper Payments Held
April 4, 2006 OPEB Conference Takes Place in Chicago, Medicaid Fraud Discussed in Senate Subcommittee, OMB Head Takes Over as President's Chief of Staff, AICPA, FASB Testify on Financial Reporting, Congress Declares April a Time to Learn Financial Responsibility
March 20, 2006 Congress Raises Debt Limit to Prevent Government Default, High-Risk Programs Under the Microscope, Ways and Means Subcommittee Examines Use of Tax-Preferred Bonds
March 13, 2006 Washington Office Survey Completed, Senate Looks at Improper Payments in Federal Agencies, Taiwan Audit Official to Visit Washington Office, Rockefeller Releases New State Fiscal Survey
March 6, 2006 SEC Official Comments on OPEB Disclosure Requirements, U.S. Comptroller, House Subcommittee Discuss Federal Financial Management: Deficit Addressed, Ways and Means Subcommittee to Conduct Hearing on Tax-Preferred Bonds
February 21, 2006 States Find Private Debt Collectors Causing Problems, President Sends Sixth War Supplemental to Congress, Treasury Stops Paying into Pension Fund to Avoid Hitting Debt Ceiling, Washington Office Survey Now Online
February 13, 2006 ExpectMore.gov Addresses Federal Performance Management, 2006 Washington Office Survey Now Live and Online!, Budget Hearings Dominate Congressional Agenda, SEC Budget Surges Past $900 Million
February 6, 2006 House/Senate Return for Final Session of 109th Congress, $39 Billion in Budget Cuts Passes House, Senate Budget Committee Hears from CBO on Budget Situation, Treasury Says Less SLGS Equals More Borrowing from Them
2005 What's Inside...
December 19, 2005 Ray to Succeed Carmichael as PCAOB's Chief Auditor, Gulf Coast to Receive Additional Katrina Relief, CBO Issues Latest Federal Deficit Report, House Committee Examines States Taxation of Retirement Income
December 12, 2005 Congress Sprints Towards End of Session, Congress Might See Another War Supplemental Bill in the Spring, House Committee to Look at State Taxation of Retirement Income, HHS Conducts PARIS Conference
November 21, 2005 Congress Cramming Its Calendar as Holidays Approach, House/Senate Nearing Final Passage of New Round of Tax Cuts/Extentions, Senate Committee Moves on Identity Theft Measure, House Conducts Financial Management Hearing, House Discusses Tax Code Revision
November 14, 2005 Senate Finance Gives Details on Tax Break Extension for 2005, House to Conduct Financial Management Hearing, House to Discuss Tax Code Revision
November 7, 2005 Advisory Panel on Tax Reform Proposes Several Changes, GAO Seeks Information on PL 106-107, PFN Conducts Fall Meeting, Advisory Committee on Tax Exempt and Government Entities Seeks New Members
October 31, 2005 Tax Panel Meets - Offers New Recommendation, Senate Subcommittee Conducts Hearing on Uncollected Taxes, Final Grant Accountability Guide Now Available
October 24, 2005 Tax Panel Meets - Offers New Recommendation, Senate Finance Releases Proposed Medicaid Changes in Budget Reconciliation, Social Security Taxable Base to Rise for 2006
October 11, 2005 Continuing Resolution Keeps Federal Government Operating, Tax Panel Sets New Deadline for Final Meeting, CMS Issues Interim Final Rule on Payment Errors
October 3, 2005 House Government Reform Looks at Possible Sunset/Results Commissions, House Judiciary Tackles Interstate Tax Issues, FirstGov to Provide Search Capability for State and Local Information, Stopgap Budget Bill Needed to Keep Government Running
September 26, 2005 Senate Conducts Identity Theft Hearing, PCAOB Chairman Resigns, Two Key House Hearings Slated for This Week
September 19, 2005 Congress to Cobble Together Emergency Relief Legislation for Gulf Coast States, IRS Increases Mileage Rate, Senate to Conduct Identity Theft Hearing, President Approves BRAC Recommendations
September 12, 2005 Congress Returns to a Radically Different Agenda, Muni Council Celebrates First Full Year of Central Post Office Operations, Tax Reform Panel Delays September Meetings, House Moves Forward with Medicaid Hearing
July 29, 2005 SEC Financial Management Topic of Senate Hearing, House Members Weigh in on Tax Revisions Proposals, Identity Theft Bill Passed Out of Commerce Committee, SEC Nominee Come Out of Committee, Congress Departs for Summer Recess
July 22, 2005 Second Round of London Bombings Tighten Security in Washington, Performance-based Budgeting Has Its Day on the Hill, Improper Payments Subject of Discussion in the House, Credit Card Security Hearing Results in Industry Recommendations
July 15, 2005 Congress Returns from July 4th Recess; Supreme Court Vacancy Debate to Fill Summer Schedule, Senate Committee Conducts Improper Payments Hearing, Three Key Hearings Set for Next Week, Senate Commerce Committee to Introduce Comprehensive ID Theft Measure
July 1, 2005 NSAA Meets with House Committee on Education and the Workforce, NASACT Meets with FMS, Senate Finance Subcommittee Discusses Savings and Investments, Medicaid Tops Hearing Agenda, TBMA Updates Governmental Accounting Seminar
June 17, 2005 Key Hearings Fill Congressional Docket This Week, Senate Conducts Medicaid Hearing, ID Theft/Data Breach Topic of Hearing on Thursday, Tax Reform Panel to Delay Recommendations
June 10, 2005 Congress Returns from Recess, House Subcommittee Holds Social Security Hearing on State/Local Employees, TBMA Unveils New Built By Bonds Website, IRS's ACT Meets This Past Wednesday, SEC to Get New Chairman
May 27, 2005 IRS's ACT Sets June Meeting, New 529 Legislation Introduced in Senate, SEC Finds Nearly $50 Million Shortfall on It's Books, Republicans Hope to Push Social Security Overhaul Before Summer Recess, Congress Departs for Memorial Day Recess
May 20, 2005 CBPP Releases State Structural Deficit Report, House Bill Introduced to Save 529 Plans, TBMA to Host Governmental Accounting Seminar, IRS Releases Clarifications to Circular 230, Chairman Thomas Seeks Support for Broad Retirement Bill
May 13, 2005 President Signs Supplemental - Driver's License Standards Legislation, Tax Advisory Panel Hears State/Local Tax Deduction Proposals, Rockefeller Institute Creates New State Finance Website, PCAOB Solicits Nominees for Standing Advisory Group
May 6, 2005 Senate in Recess - but House Labors On, Tax Advisory Panel to Meet Next Week, PFN Sends Comment Letter to Tax Advisory Panel
April 29, 2005 Treasury Releases New Improper Payments Report on IRS, GASB Official Addresses NFMA Panel, House Committee Looks to Raise FDIC Limits - Budget Conference Cuts Medicaid, Chinese Audit Director Stops by NASACT Washington DC Office
April 22, 2005 GAO Releases Report on Grants Simplification, Federal Tax Reform Panel Delves into State Tax Systems, Financial Services Host Financial Literacy/Social Security Hearing, Sarbanes-Oxley Implementation Discussed in House
April 15, 2005 Hearings Heat Up All Over the Hill, Several Key Hearings Scheduled for Next Week, Tax Reform Advisory Panel to Meet on Monday, Bankruptcy Bill Ready for President's Signature
April 8, 2005 Congress Returns - Sets Out on Spring Agenda, Muni-Council Meets - CPO Getting High Marks, Rockefeller Institute Issues State Fiscal Crisis Response Report
March 18, 2005 Smith Amendment Aims to Protect Medicaid from Budget Cuts, Tax Reform Panel Holds Fourth in Series of Public Hearings, GAO Releases Report on State Experiences in Performance Budgeting, Washington Issue Survey Results
March 11, 2005 House Conducts Unfunded Mandates Hearing, Hagel Introduces Broad New Social Security Bill, AICPA Weighs in on Social Security Debate, IRS Issues Guidance on SILOs for Certain Partnerships/Passthroughs
March 4, 2005 Washington Issue Survey Extended to March 11, PFN Responds to Joint Tax Committee Finance Proposals, Bill Tracker Updated for New 109th Congress, Unfunded Mandates Hearing Set ofr House
February 18, 2005 GAO Publishes Report on 21st Century Challenges, Treasury Releases SILO Guidance, HHS Secretary Questioned on His "Accounting Gimmicks" Claim, NASACT Reminds Filers to Utilize DisclosureUSA
February 4, 2005 New HHS Secretary Proposes State Accounting Reforms for Medicaid, Update on the Fuel Excise Tax Issue, Governing Magazine Conducts Outlook in the States 2005 Meeting, New Study Finds Major Corporations Avoiding State Taxes
January 28, 2005 109th Congress Gets Underway; Issue Survey Coming Soon, GAO Releases State Medicaid Update in Their High-Risk Series, Joint Tax Committee Reports on Improved Tax Compliance, Treasury Issues Final State Offset Ruling
January 7, 2005 Congress Returns for First Session of 109th, Rockefeller Says States Face Big Hurdles in 2005, PFN to Meet Next Week
 
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NASACT - The National Association of State Auditors, Comptrollers and Treasures