STOP Fraud Act of 2024 · Congress.wiki

house

senate

president

Legislation Details

Establishes the Federal Real Anti-fraud Unified Directorate (FRAUD) within the Office of Management and Budget.
Appoints an Administrator for FRAUD, responsible for coordinating anti-fraud efforts across federal agencies.
Requires agencies to implement anti-fraud controls for programs identified as susceptible to significant improper payments and high-priority programs.
Mandates the designation of programs susceptible to significant improper payments based on specific financial criteria.
Agencies must implement proactive analytics for at least one high-risk area of designated programs.
Requires annual reports from agencies on efforts to reduce improper payments and fraud, including metrics and effectiveness of implemented strategies.
Establishes a Program Integrity Fund to allocate resources for implementing approved anti-fraud plans.
Authorizes $1 billion for the Program Integrity Fund for fiscal year 2025.
Defines key terms related to fraud, improper payments, and administrative burdens to ensure clarity in implementation.
Amends existing provisions related to improper payments to enhance accountability and reporting requirements for federal agencies.

Establishes the Federal Real Anti-fraud Unified Directorate (FRAUD) within the Office of Management and Budget.
Appoints an Administrator for FRAUD, responsible for coordinating anti-fraud efforts across federal agencies.
Requires agencies to implement anti-fraud controls for programs identified as susceptible to significant improper payments and high-priority programs.
Mandates the designation of programs susceptible to significant improper payments based on specific financial criteria.
Agencies must implement proactive analytics for at least one high-risk area of designated programs.
Requires annual reports from agencies on efforts to reduce improper payments and fraud, including metrics and effectiveness of implemented strategies.
Establishes a Program Integrity Fund to allocate resources for implementing approved anti-fraud plans.
Authorizes $1 billion for the Program Integrity Fund for fiscal year 2025.
Defines key terms related to fraud, improper payments, and administrative burdens to ensure clarity in implementation.
Amends existing provisions related to improper payments to enhance accountability and reporting requirements for federal agencies.