AMENDMENTS RELATING TO TITLE 31, UNITED STATES CODE (MONEY AND FINANCE).

SEC. 115. AMENDMENTS RELATING TO TITLE 31, UNITED STATES CODE (MONEY AND FINANCE). (a) Treatment of Records Containing Banking Agency INFORMATION.— Section 714(d) of title 31, United States Code, is amended by striking the last sentence of paragraph (1) and by amending paragraph (2) to read as follows: “(2) The Comptroller General shall prevent unauthorized access to records or property of or used by an agency that the Comptroller General obtains during an audit.”. (b) Report on Audits and Confidentiality of Taxpayer Information.— Section 719 of title 31, United States Code, is amended— (1) by striking subsection (d); and (2) by redesignating subsections (e), (f), (g), (h), and (i) as subsections (d), (e), (f), (g), and (h), respectively, (c) Compliance Reporting on Administrative Expenses.— Section 308(c) of the Legislative Branch Appropriations Act, 1994 (Public Law 103–69; 107 Stat. 710; 31 U S. C. 1105 note) is amended by striking “shall” and inserting “may”. (d) Paying Checks and Drafts.— Section 3328 of title 31, United States Code, is amended— (1) in subsection (a)(2), by striking “until the Comptroller General settles the question” and inserting “until the question is settled”; (2) in subsection (b)(2), by striking “on settlement by the Comptroller General”; and (3) in subsection (d), by striking “With the approval of the Comptroller General, the” and inserting “The”. (e) Withholding Checks To Be Sent to Foreign COUNTRIES.— Section 3329(b)(4) of title 31, United States Code, is amended by striking the last two sentences and inserting “The Secretary shall credit the accounts of the drawer and drawee.”. (f) Property Returns.— (1) Repeal.— Section 3531 of title 31, United States Code, is repealed. (2) Clerical amendment.— The table of sections at the beginning of chapter 35 of title 31, United States Code, is amended by striking the item relating to section 3531. (g) Claims Collection and Compromise.— (1) In general.— Section 3711 of title 31, United States Code, is amended— (A) in subsection (a)(2), by inserting before the semicolon the following: “, except that only the Comptroller General may compromise a claim arising out of an exception the Comptroller General makes in the account of an accountable official”; (B) by striking subsection (b); (C) by redesignating subsections (c), (d), (e), and (f) and the first subsection (g) in order as subsections (b), (c), (d), (e), and (f); and 110 STAT. 3835 (D) in subsection (d) (as so redesignated), by striking “and the Comptroller General” and by striking “jointly” from paragraph (2). (2) Conforming amendments.— (A) Section 3701(d) of title 31, United States Code, is amended by striking “3711(f)” and inserting “3711(e)”. (B) Section 552a of title 5, United States Code, is amended by striking “3711(f)” each place it appears and inserting “3711(e)”. (C) Section 2780(b) of title 10, United States Code, is amended by striking “3711(f)” and inserting “3711(e)”. (D) Section 4(d)(6) of the State Department Basic Authorities Act of 1956 (Chapter 841; 22 U. S. C. 2671(d)(6)) is amended by striking “3711(f)” and inserting “3711(e)”. (E) Section 204(f)(1) of the Social Security Act (42 U. S. C. 404(f)(1)) is amended by striking “3711(f)” and inserting “3711(e)”. (h) Audit of Proceeds from Sales of Commemorative Coins.— Section 303 of Public Law 103–186 (31 U. S. C. 5112 note) is amended— (1) by striking “Before the end of the 1-year period” and all that follows through “the Comptroller General of the United States shall” and inserting “The Comptroller General of the United States may”; and (2) by striking “sale of such coins” and inserting “sale of commemorative coins”. (i) Report on Implementation of Intergovernmental Financing.— Section 6 of the Cash Management Improvement Act of 1990 (31 U. S. C. 6503 note) is repealed, (j) Consultation on Accounting, Audit and Fiscal Procedures.— Section 6703(d)(6) of title 31, United States Code, is amended by striking “after consultation with the Comptroller General of the United States”. (k) Reviews of Local Partnership Act Program.— Section 6718(b) of title 31, United States Code, is amended by striking “shall” each place it appears and inserting “may”.