TRUE Accountability Act

This bill requires federal agencies managing emergency funds (like those for disasters or public health crises) to create and maintain internal financial control plans. Covered agencies must designate a senior official responsible for these plans, assess fraud and improper payment risks before spending emergency funds, and implement safeguards to prevent misuse. Agencies must submit these plans to the Office of Management and Budget within one year of the bill’s enactment, with updates every three years, and the OMB must report all plans to Congress annually. The law does not authorize new funding and prohibits courts from reviewing agency actions under this bill. It directly affects agencies receiving emergency appropriations, aiming to improve accountability during crises.