Office of Management and Budget Inspector General Act

This bill creates an independent watchdog inside the Office of Management and Budget (OMB). It sets up an Inspector General (IG) for OMB to look into issues that the law specifically assigns to that office, adding this role into federal law under title 5 of the U.S. Code.

It also gives a deadline: the President must appoint the OMB Inspector General within 120 days after the bill becomes law, following the normal IG appointment rules in title 5.

• Who is affected: The Office of Management and Budget and federal oversight of its work.
• What changes: A new Inspector General is established at OMB, with authority limited to matters the law assigns to that office.
• When: The IG must be appointed within 120 days after enactment.