Iraq Reconstruction Accountability Act of 2006
Latest Action
Became Public Law No: 109-440.
Official Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Iraq Reconstruction Accountability Act of 2006 - Amends the John Warner National Defense Authorization Act for Fiscal Year 2007 to change the date for termination of the Office of the Special Inspector General for Iraq Reconstruction (Office). Provides that the Office shall terminate 10 months after 80% of the funds appropriated or made available for the Iraq Relief and Reconstruction Fund have been expended. Requires the Special Inspector General, prior to the termination date of the Office, to prepare a final forensic audit report on all funds appropriated or made available to the Iraq Relief and Reconstruction Fund.
GovScope Watchdog™
AI Government Intelligence™The Iraq Reconstruction Accountability Act of 2006 amends the John Warner National Defense Authorization Act for Fiscal Year 2007 by modifying the termination date of the Office of the Special Inspector General for Iraq Reconstruction. Specifically, the Office will terminate 10 months after 80% of the funds appropriated or made available for the Iraq Relief and Reconstruction Fund have been expended. Before the Office terminates, the Special Inspector General is required to prepare a final forensic audit report covering all funds appropriated or made available to the Fund.
This law adjusts the timeline for the closure of the oversight office responsible for auditing Iraq reconstruction funds, ensuring a final comprehensive audit before the office ends.
- Changes the termination date of the Office of the Special Inspector General for Iraq Reconstruction to 10 months after 80% of Iraq Relief and Reconstruction Fund monies are spent.
- Mandates a final forensic audit report on all funds appropriated or made available to the Iraq Relief and Reconstruction Fund before the Office terminates.
- Amends provisions within the John Warner National Defense Authorization Act for Fiscal Year 2007 related to Iraq reconstruction oversight.
['Office of the Special Inspector General for Iraq Reconstruction', 'U.S. Congress and oversight bodies seeking accountability on Iraq reconstruction spending', 'Taxpayers interested in transparency of Iraq Relief and Reconstruction Fund expenditures']
["The timing of the Office's termination depends on the expenditure rate of reconstruction funds, which may complicate planning for ongoing oversight activities.", 'The requirement for a final forensic audit report places a significant responsibility on the Special Inspector General to comprehensively review all funds before closure.', 'No detailed provisions on post-termination oversight or handling of unresolved issues are included.']
This bill was introduced and enacted during the 109th Congress in 2006, a period when oversight of Iraq reconstruction spending was a significant legislative focus. It amends an existing defense authorization act to adjust oversight timelines in response to the pace of fund expenditure. The bill was signed into law as Public Law No: 109-440 on December 20, 2006.
Hidden impact flags detected: 2
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["Linking the Office's termination to fund expenditure rates may incentivize timely spending or affect the pace of reconstruction activities.", 'The final forensic audit report could influence future congressional oversight practices or funding decisions related to reconstruction efforts.', 'Termination of the Office may shift responsibility for ongoing oversight or investigations to other agencies or bodies.']
This law ensures continued oversight of Iraq reconstruction funds until a substantial portion of the funds are spent, with a mandated comprehensive audit before the oversight office closes. Transparency is enhanced by requiring a final forensic audit report. However, the linkage of the Office's termination to fund expenditure percentages introduces a variable timeline that may affect the continuity of oversight. The absence of provisions for post-termination oversight warrants attention for future accountability measures.
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