124 STAT. 2985 PUBLIC LAW 111–281—OCT. 15, 2010 (b) AUDITS; ANNUAL REPORTS.—Section 1012 of the Oil Pollution Act of 1990 (33 U.S.C. 2712) is amended— (1) by striking subsection (g) and inserting the following: ‘‘(g) AUDITS.— ‘‘(1) IN GENERAL.—The Comptroller General of the United States shall conduct an audit, including a detailed accounting of each disbursement from the Fund in excess of $500,000 that is— ‘‘(A) disbursed by the National Pollution Fund Center and not reimbursed by the responsible party; and ‘‘(B) administered and managed by the receiving Fed- eral agencies, including final payments made to agencies and contractors and, to the extent possible, subcontractors. ‘‘(2) FREQUENCY.—The audits shall be conducted— ‘‘(A) at least once every 3 years after the date of enact- ment of the Coast Guard Authorization Act of 2010 until 2016; and ‘‘(B) at least once every 5 years after the last audit conducted under subparagraph (A). ‘‘(3) SUBMISSION OF RESULTS.—The Comptroller shall submit the results of each audit conducted under paragraph (1) to— ‘‘(A) the Senate Committee on Commerce, Science, and Transportation; ‘‘(B) the House of Representatives Committee on Transportation and Infrastructure; and ‘‘(C) the Secretary or Administrator of each agency referred to in paragraph (1)(B).’’; and (2) by adding at the end thereof the following: ‘‘(l) REPORTS.— ‘‘(1) IN GENERAL.—Within one year after the date of enact- ment of the Coast Guard Authorization Act of 2010, and annually thereafter, the President, through the Secretary of the Department in which the Coast Guard is operating, shall— ‘‘(A) provide a report on disbursements for the pre- ceding fiscal year from the Fund, regardless of whether those disbursements were subject to annual appropriations, to— ‘‘(i) the Senate Committee on Commerce, Science, and Transportation; and ‘‘(ii) the House of Representatives Committee on Transportation and Infrastructure; and ‘‘(B) make the report available to the public on the National Pollution Funds Center Internet website. ‘‘(2) CONTENTS.—The report shall include— ‘‘(A) a list of each disbursement of $250,000 or more from the Fund during the preceding fiscal year; and ‘‘(B) a description of how each such use of the Fund meets the requirements of subsection (a). ‘‘(3) AGENCY RECORDKEEPING.—Each Federal agency that receives amounts from the Fund shall maintain records describing the purposes for which such funds were obligated or expended in such detail as the Secretary may require for purposes of the report required under paragraph (1).’’.
