Amends title 31, United States Code, to require inclusion of information on improper payments in the President’s budget submission.
Defines improper payments in accordance with the term as defined in section 3351.
Requires executive agencies to report improper payment amounts and rates for programs and activities.
Mandates a narrative description in the budget that explains:
Why improper payments occurred and trends over the previous three years for each program and activity with increased or decreased improper payment amounts and rates.
The status of programs and activities whose improper payment amounts and rates did not change over the specified period.
Requires disclosure of incomplete corrective actions for improper payments and outlines steps the executive agency will take to address these issues.