Auditing and Financial Management:
Proposed National Technical Information Service Revolving Fund
RCED-83-218: Published: Sep 26, 1982. Publicly Released: Aug 25, 1983.
- Full Report:
In response to a congressional request, GAO examined selected activities and functions of the Department of Commerce's National Technical Information Service (NTIS) clearinghouse, focusing on the need to establish a new revolving fund as proposed by companion bills H.R. 2514 and S. 808. The current NTIS special fund facilitates payments to cover most operating costs associated with its information clearinghouse functions and acquiring inventory and equipment.
The proposed legislation would establish a revolving fund to permit NTIS to recover all clearinghouse costs, retain net earnings, and purchase equipment and inventory from the fund. GAO believes that, although the revolving fund would not substantially change clearinghouse operations and procedures, it could be an appropriate funding mechanism to finance clearinghouse operations. However, stricter controls would be needed on the fund because the proposed legislation does not provide for congressional oversight.
Matter for Congressional Consideration
Status: Closed - Not Implemented
Comments: Congress did not enact H.R. 2514 or S. 808 during the 98th Congress. The House Committee on Energy and Commerce remains opposed to the legislation, and thus, NTIS does not plan to seek reintroduction of the legislation in the forseeable future.
Matter: H.R. 2514 and S. 808 should be amended to increase congressional oversight over clearinghouse operations.