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GAO-18-525R 1 (2018-06-28)

handle is hein.gao/gaobacplx0001 and id is 1 raw text is: G A O U.S. GOVERNMENT ACCOUNTABILITY OFFICE 441 G St. N.W. Washington, DC 20548 June 28, 2018 The Honorable Orrin G. Hatch President Pro Tempore of the United States Senate The Honorable Mitch McConnell Majority Leader The Honorable Charles E. Schumer Minority Leader United States Senate The Honorable Roy Blunt Chairman The Honorable Amy Klobuchar Ranking Member Committee on Rules and Administration United States Senate Senate Preservation Fund: Audit of Fiscal Years 2015, 2016, and 2017 Transactions In November 1988, the Senate Commission on Art (Commission) was established and authorized to supervise, hold, place, protect, and make known all works of art, historical objects, and exhibits in the Senate wing of the United States Capitol; Senate office buildings; and in all rooms, spaces, and corridors thereof.1 Subsequently, in September 2003, the Senate Preservation Fund (Fund) was established within the Department of the Treasury (Treasury).2 The Fund is available to the Commission to fund the acquisition of works of art, historical objects, documents, and materials relating to historical matters, or exhibits in the Capitol and Senate office buildings, and certain related activities.3 The Library of Congress (Library) provides financial management and disbursing services and support to the Commission.4 GAO is required to audit the Fund and report the results to the Commission.5 1The Commission was created as part of the Arizona-Idaho Conservation Act of 1988, Pub. L. No. 100-696, § 901, 102 Stat. 4571, 4610 (Nov. 18, 1988), classified as amended at 2 U.S.C. §§ 2101-2108. 2pub. L. No. 108-83, 117 Stat. 1007, 1012 (Sept. 30, 2003), classified as amended at 2 U.S.C. § 2108 (c). 3The Fund is also available for official activities of advisory boards established to provide advice and assistance to the Commission; for specified purposes for which funds from the Senate contingent fund may be used; and for expenditures, not to exceed $10,000 in any fiscal year, for meals and refreshments in Capitol facilities in connection with official activities of the Commission or other authorized programs and activities. 2 U.S.C. § 2108(c)(2). 42 U.S.C. § 2108(c)(5). 5In 2012, the prior requirement for GAO to audit the Fund on an annual basis was amended to a periodic basis of at least once every 3 years, unless the Chairman or the Ranking Member of the Committee on Rules and Administration of the Senate or the Secretary of the Senate requests that an audit be conducted at an earlier date. Pub. L. No. 112- 234, § 2(h), 126 Stat 1624, 1625 (Dec. 28, 2012), classified at 2 U.S.C. § 2108(c)(6). GAO-18-525R Senate Preservation Fund Page 1

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