Proposed legislation (71 - 80 of 480 items)
Prevention, Detection, and Reporting of Financial Irregularities
T-AFMD-90-27: Published: Aug 2, 1990. Publicly Released: Aug 2, 1990.
GAO discussed the need for better prevention, detection, and reporting of financial irregularities in public companies subject to the Securities Exchange Act. GAO noted that: (1) company management, independent auditors, and government regulators all play a significant role in ensuring corporate accountability; (2) it had previously recommended numerous auditing and financial reporting improvement...
Employee Benefits: Trends in Retiree Health Coverage
T-HRD-90-51: Published: Jul 27, 1990. Publicly Released: Jul 27, 1990.
GAO discussed company-sponsored retiree health coverage. GAO found that: (1) only about 4 percent of all companies provide retiree health coverage; (2) companies with retiree health benefits were generally larger, employing 40 percent of private-sector workers; (3) about 9 million retirees are currently in company-sponsored plans, and about 39 percent of those are under age 65; (4) 64 million of 9...
Oversight Hearings on Asset Forfeiture Programs
T-GGD-90-56: Published: Jul 24, 1990. Publicly Released: Jul 24, 1990.
GAO discussed the Department of Justice's and the U.S. Customs Service's asset forfeiture programs. GAO found that: (1) the volume of seized assets has increased from $33 million in 1979 to $1.4 billion in 1989; (2) inadequate management information has caused deficiencies in providing accurate and timely data; (3) a lack of adequate staff with property management expertise made it difficult to ef...
U.S. Customs Service: Merchandise Processing Fee--Examination of Costs and Alternatives
GGD-90-91BR: Published: Jun 15, 1990. Publicly Released: Jul 16, 1990.
Pursuant to a congressional request, GAO reviewed the U.S. Customs Service's merchandise processing fee charged to importers, focusing on: (1) costs of processing imported merchandise; (2) Customs' plans for changing the fee to address international trade concerns regarding the fee's basis and excess fee amounts; and (3) problems Customs could face in instituting fee changes.GAO found that: (1) it...
The Congressional Award Program
T-AFMD-90-24: Published: Jul 12, 1990. Publicly Released: Jul 12, 1990.
GAO discussed its audit of the Congressional Award Foundation. GAO found that: (1) the financial condition of the Foundation has improved since 1987, most notably in the reduction of its debt and operating expenses; (2) weaknesses in internal accounting controls continue to exist; (3) the Foundation complied with a law requiring that it make expenditures only when resources are available; and (4)...
Asset Forfeiture: Legislation Needed to Improve Cash Processing and Financial Reporting
GGD-90-94: Published: Jun 19, 1990. Publicly Released: Jun 19, 1990.
GAO reviewed aspects of the Department of Justice's and the U.S. Customs Service's asset forfeiture program, focusing on the need for Congress to enact legislative changes designed to speed up processing of seized cash and increase congressional and agency oversight.GAO found that: (1) Justice and Customs must judicially forfeit cash seizures over $100,000, even though 89 percent of all judicially...
International Aviation: Implications of Ratifying the Montreal Aviation Protocols
T-RCED-90-83: Published: Jun 19, 1990. Publicly Released: Jun 19, 1990.
GAO discussed how the Montreal Aviation Protocols would affect the level and timeliness of compensation for victims of international aviation accidents and whether the protocols might also affect the safety of international air travel. GAO noted that: (1) the protocols would more fully compensate Americans for economic and non-economic losses because they increase the current limit on airline liab...
National Security Review of Two Foreign Acquisitions in the Semiconductor Sector
T-NSIAD-90-47: Published: Jun 13, 1990. Publicly Released: Jun 13, 1990.
GAO discussed the Committee for Foreign Investment in the United States (CFIUS) review process for two foreign investments and commented on proposed legislation relating to GAO access to certain kinds of government data on foreign investment. GAO found that: (1) the acquisitions of two major semiconductor companies showed inconsistencies in U.S. defense technology policy; (2) the CFIUS case-by-cas...
Defense Production Act: Offsets in Military Exports and Proposed Amendments to the Act
NSIAD-90-164: Published: Apr 19, 1990. Publicly Released: May 24, 1990.
Pursuant to a congressional request, GAO reviewed: (1) the interagency process used to prepare the 1988 report on offsets in military exports; (2) the use of economic models to measure the impact of offsets; and (3) information on proposed amendments to the Defense Production Act.GAO found that: (1) agencies used an informal process to prepare the 1988 offsets report because they had no guidelines...
Puerto Rico: Commonwealth Election Law and Its Application to a Political Status Referendum
HRD-90-60: Published: May 2, 1990. Publicly Released: May 2, 1990.
Pursuant to a congressional request, GAO reviewed Puerto Rico's electoral law and proposed status referendum.GAO found that Puerto Rico's electoral law: (1) and election process was basically sound; (2) incorporated a number of safeguards and controls to protect the integrity of election results, including principal political party representation at all levels of the election process and stringent...