
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 31USC503]

 
                       TITLE 31--MONEY AND FINANCE
 
                           SUBTITLE I--GENERAL
 
               CHAPTER 5--OFFICE OF MANAGEMENT AND BUDGET
 
                       SUBCHAPTER I--ORGANIZATION
 
Sec. 503. Functions of Deputy Director for Management

    (a) Subject to the direction and approval of the Director, the 
Deputy Director for Management shall establish governmentwide financial 
management policies for executive agencies and shall perform the 
following financial management functions:
        (1) Perform all functions of the Director, including all 
    functions delegated by the President to the Director, relating to 
    financial management.
        (2) Provide overall direction and leadership to the executive 
    branch on financial management matters by establishing financial 
    management policies and requirements, and by monitoring the 
    establishment and operation of Federal Government financial 
    management systems.
        (3) Review agency budget requests for financial management 
    systems and operations, and advise the Director on the resources 
    required to develop and effectively operate and maintain Federal 
    Government financial management systems and to correct major 
    deficiencies in such systems.
        (4) Review and, where appropriate, recommend to the Director 
    changes to the budget and legislative proposals of agencies to 
    ensure that they are in accordance with financial management plans 
    of the Office of Management and Budget.
        (5) Monitor the financial execution of the budget in relation to 
    actual expenditures, including timely performance reports.
        (6) Oversee, periodically review, and make recommendations to 
    heads of agencies on the administrative structure of agencies with 
    respect to their financial management activities.
        (7) Develop and maintain qualification standards for agency 
    Chief Financial Officers and for agency Deputy Chief Financial 
    Officers appointed under sections 901 and 903, respectively 
    (excluding any officer designated or appointed under section 
    901(c)).
        (8) Provide advice to agency heads with respect to the selection 
    of agency Chief Financial Officers and Deputy Chief Financial 
    Officers (excluding any officer designated or appointed under 
    section 901(c)).
        (9) Provide advice to agencies regarding the qualifications, 
    recruitment, performance, and retention of other financial 
    management personnel.
        (10) Assess the overall adequacy of the professional 
    qualifications and capabilities of financial management staffs 
    throughout the Government and make recommendations on ways to 
    correct problems which impair the capacity of those staffs.
        (11) Settle differences that arise among agencies regarding the 
    implementation of financial management policies.
        (12) Chair the Chief Financial Officers Council established by 
    section 302 of the Chief Financial Officers Act of 1990.
        (13) Communicate with the financial officers of State and local 
    governments, and foster the exchange with those officers of 
    information concerning financial management standards, techniques, 
    and processes.
        (14) Issue such other policies and directives as may be 
    necessary to carry out this section, and perform any other function 
    prescribed by the Director.

    (b) Subject to the direction and approval of the Director, the 
Deputy Director for Management shall establish general management 
policies for executive agencies and perform the following general 
management functions:
        (1) Coordinate and supervise the general management functions of 
    the Office of Management and Budget.
        (2) Perform all functions of the Director, including all 
    functions delegated by the President to the Director, relating to--
            (A) managerial systems, including the systematic measurement 
        of performance;
            (B) procurement policy;
            (C) grant, cooperative agreement, and assistance management;
            (D) information and statistical policy;
            (E) property management;
            (F) human resources management;
            (G) regulatory affairs; and
            (H) other management functions, including organizational 
        studies, long-range planning, program evaluation, productivity 
        improvement, and experimentation and demonstration programs.

        (3) Provide complete, reliable, and timely information to the 
    President, the Congress, and the public regarding the management 
    activities of the executive branch.
        (4) Facilitate actions by the Congress and the executive branch 
    to improve the management of Federal Government operations and to 
    remove impediments to effective administration.
        (5) Provide leadership in management innovation, through--
            (A) experimentation, testing, and demonstration programs; 
        and
            (B) the adoption of modern management concepts and 
        technologies.

        (6) Work with State and local governments to improve and 
    strengthen intergovernmental relations, and provide assistance to 
    such governments with respect to intergovernmental programs and 
    cooperative arrangements.
        (7) Review and, where appropriate, recommend to the Director 
    changes to the budget and legislative proposals of agencies to 
    ensure that they respond to program evaluations by, and are in 
    accordance with general management plans of, the Office of 
    Management and Budget.
        (8) Provide advice to agencies on the qualification, 
    recruitment, performance, and retention of managerial personnel.
        (9) Perform any other functions prescribed by the Director.

(Added Pub. L. 101-576, title II, Sec. 202(b), Nov. 15, 1990, 104 Stat. 
2839; amended Pub. L. 103-272, Sec. 4(f)(1)(B), July 5, 1994, 108 Stat. 
1361; Pub. L. 106-58, title VI, Sec. 638(g), Sept. 29, 1999, 113 Stat. 
476.)

                       References in Text

    Section 302 of the Chief Financial Officers Act of 1990 [Pub. L. 
101-576], referred to in subsec. (a)(12), is set out as a note under 
section 901 of this title.


                            Prior Provisions

    A prior section 503 was renumbered section 505 of this title.


                               Amendments

    1999--Subsec. (a)(7). Pub. L. 106-58, Sec. 638(g)(1), substituted 
``respectively (excluding any officer designated or appointed under 
section 901(c)).'' for ``respectively.''
    Subsec. (a)(8). Pub. L. 106-58, Sec. 638(g)(2), substituted 
``Officers (excluding any officer designated or appointed under section 
901(c)).'' for ``Officers.''
    1994--Subsec. (b)(9). Pub. L. 103-272 substituted ``Perform'' for 
``perform''.


                    Effective Date of 1999 Amendment

    Pub. L. 106-58, title VI, Sec. 638(h), Sept. 29, 1999, 113 Stat. 
476, provided that: ``This section [amending this section and sections 
901 and 1105 of this title and enacting provisions set out as a note 
under section 901 of this title] shall take effect at noon on January 
20, 2001.''

                  Section Referred to in Other Sections

    This section is referred to in section 504 of this title.
