§ 240i. Annual report on unfunded priorities

• (a) Not later than 10 days after the date on which the budget of the President for a fiscal year is submitted to Congress pursuant to section 1105 of title 31 , the Under Secretary of Defense (Comptroller) shall submit to the Secretary of Defense, the Chairman of the Joint Chiefs of Staff, and the congressional defense committees a report on unfunded priorities of the Department of Defense related to audit readiness and remediation.
• (b)
  • (1) Each report under subsection (a) shall include, for each unfunded priority covered by such report, the following:
    • (A) A summary description of such priority, including the objectives to be achieved if such priority were to be funded (whether in whole or in part).
    • (B) The additional amount of funds recommended in connection with the objectives identified under subparagraph (A).
    • (C) Account information with respect to such priority, including, as applicable, the following:
      • (i) Line item number, in the case of applicable procurement accounts.
      • (ii) Program element number, in the case of applicable research, development, test, and evaluation accounts.
      • (iii) Sub-activity group, in the case of applicable operation and maintenance accounts.
  • (2) The Under Secretary shall ensure that the unfunded priorities covered by a report under subsection (a) are listed in the order of urgency of priority, as determined by the Under Secretary.
• (c) In this section, the term “unfunded priority”, with respect to a fiscal year, means an activity related to an audit readiness or remediation effort stemming from a relevant requirement under the Chief Financial Officer Act 1 1 See References in Text note below. ( Public Law 101–576 ), chapter 9 of title 31, or this chapter that—
  • (1) is not funded in the budget of the President for that fiscal year, as submitted to Congress pursuant to section 1105 of title 31 ;
  • (2) is necessary to address a shortfall in an audit readiness or remediation activity; and
  • (3) would have been recommended for funding through the budget referred to in paragraph (1) if—
    • (A) additional resources had been available for the budget to fund the program, activity, or mission requirement; or
    • (B) the program, activity, or mission requirement had emerged before the budget was formulated.