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Full Text of this Amendment
On page 19, between the matter after line 2 and line 3, insert the following:
SEC. 13. OVERSIGHT AUTHORITY.
(a) In General.--Title II of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3141 et seq.) (as amended by section 12(a)) is amended by adding at the end the following:
"SEC. 220. OVERSIGHT AUTHORITY.
"For each fiscal year, the Government Accountability Office shall--
"(1) conduct such audits and assessments as are necessary to ensure, to the maximum extent practicable, that funds provided in the form of grants under this Act are so provided--
"(A) through a competitive award process; and
"(B) in accordance with all requirements and criteria established under this Act; and
"(2) submit to the Committee on Environment and Public Works of the Senate and the Committee of Transportation and Infrastructure of the House of Representatives a report describing the results of the audits and assessments.".
(b) Conforming Amendment.--The table of contents of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3121 et seq.) is amended by adding after the item relating to section 219 (as added by section 12(b)) the following:
(As printed in the Congressional Record for the Senate on Jun 13, 2011.)