Improper Payments Information Act of 2002
A term to know.
This Act, formerly known as H.R. 4878 in the 107th Congress, and codified as Pub. L. 107-300, requires Federal agencies, including IRS, to estimate the amount of improper payments and report to Congress annually on the causes of and the steps taken to reduce improper payments. The Act also requires agencies to address whether they have the information systems and other infrastructure needed to reduce improper payments. The annual report must also describe steps the agency has taken to ensure agency managers are held accountable for reducing improper payments. The Act was clarified and expanded by Executive Order 13520, Reducing Improper Payments, Improper Payments Elimination and Recovery Act of 2010, and the Improper Payments Elimination and Recover Improvement Act of 2012.