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US HB6483
Bill
Status
12/4/2025
Primary Sponsor
James Walkinshaw
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AI Summary
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Establishes an Office of Inspector General for the Neighborhood Reinvestment Corporation (NeighborWorks America) by adding it to the list of designated federal entities under Section 415 of title 5, United States Code
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Authorizes appropriations of "such sums as may be necessary" to fund the new Inspector General office
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Prohibits the transfer of program operating responsibilities to the Inspector General, including organizational assessments and grantee oversight functions currently performed by the corporation
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Requires annual independent audits of corporation accounts by external certified public accountants, conducted in accordance with generally accepted auditing standards
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Specifies that the annual external audits are required regardless of any other audit work performed by the Inspector General
Legislative Description
NeighborWorks Accountability Act
Government operations and politics
Last Action
Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
12/4/2025