Budget and Accounting Act of 1921

URI: https://gptkb.org/entity/Budget_and_Accounting_Act_of_1921
GPTKB entity
Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:affects gptkb:Executive_branch_of_the_United_States
gptkb:Legislative_branch_of_the_United_States
gptkbp:codifiedIn gptkb:31_U.S.C._§_1_et_seq.
gptkbp:created gptkb:Comptroller_General_of_the_United_States
gptkbp:createdAgency gptkb:General_Accounting_Office
gptkb:Bureau_of_the_Budget
gptkbp:dateEnacted June 10, 1921
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:historicalSignificance established modern federal budget process
first time President required to submit annual budget
https://www.w3.org/2000/01/rdf-schema#label Budget and Accounting Act of 1921
gptkbp:longTitle An Act to provide a national budget system and an independent audit of Government accounts, and for other purposes.
gptkbp:mandate Comptroller General to audit government expenditures
President to submit annual budget to Congress
gptkbp:purpose to centralize federal budget preparation
to improve federal budget process
to provide independent audit of government accounts
gptkbp:replacedBy Office of Management and Budget (in 1970, replaced Bureau of the Budget)
gptkbp:signedBy gptkb:Warren_G._Harding
gptkbp:bfsParent gptkb:government
gptkbp:bfsLayer 4