Comments on S. 1462

B-204699: Published: Oct 30, 1981. Publicly Released: Oct 30, 1981.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Comments were presented on a bill to establish the Arid Lands Renewable Resources Corporation. GAO believes that employing the corporate form to achieve the objective of the bill is inappropriate because such a corporation would not: (1) be revenue-producing and potentially self-sustaining; (2) involve a large number of business transactions with the public; and (3) require greater financial flexibility than the appropriations budget ordinarily permits. GAO recommended that use of the corporate form be disregarded in favor of a separate program or fund administered by an appropriate department or agency. Nevertheless, if the corporate form is employed, GAO believes it should be designated a wholly owned Government corporation that is subject to the Government Corporation Control Act. In addition, GAO recommended several modifications to the bill before enactment.

Mar 14, 2018

Mar 13, 2018

Mar 8, 2018

Mar 7, 2018

Feb 28, 2018

Feb 27, 2018

Feb 23, 2018

Feb 16, 2018

Jan 30, 2018

Looking for more? Browse all our products here