(a) Change in title

Section 308 of title 38, United States Code, is amended, in subsection (a)(3)(A), by striking Assistant Secretary for Management and inserting Assistant Secretary for Planning and Budget.

(b) Increase to number of Deputy Assistant Secretaries

Such section is further amended, in subsection (d)(1), by striking 19 and inserting 21.

(c) Duties and office

Section 309 of such title is amended to read as follows (and the table of sections at the beginning of chapter 3 of such title is amended accordingly):

309. Chief Financial Officer; Office of Planning and Budget

(a) Designation

The Secretary shall designate the Assistant Secretary for Planning and Budget, whose functions include budgetary and financial functions, as the Chief Financial Officer of the Department.

(b) Duties

The duties of the Chief Financial Officer include the following:

(1)

To advise the Secretary on financial management of the Department.

(2)

To formulate, justify, and execute the budget of the Department.

(3)

To control, account for, audit, and report on the finances of the Department.

(4)

To manage the life cycle of major acquisition programs of the Department.

(5)

To exercise the authority and carry out the functions specified in section 902 of title 31.

(6)

To ensure compliance with sections 1341, 1342, 1349, 1350, and 1511 through 1519 of title 31 (commonly referred to as the Antideficiency Act).

(7)

To provide to Congress (or a congressional committee), upon request, information regarding the budget and finances of the Department.

(8)

To serve as the head of the Office of Planning and Budget of the Department.

(c) Deputy Assistant Secretaries

(1)

There is in the Department a Deputy Assistant Secretary for Planning and Budget.

(2)

There is in the Department a Deputy Assistant Secretary for Planning and Budget for Financial Operations and Internal Controls. Such Deputy Assistant Secretary shall be a career appointee (as that term is defined in section 3132(a) of title 5) within the Senior Executive Service of the Department.

(d) Office of Planning and Budget

There is in the Department an Office of Planning and Budget.

(e) Legislative and Congressional Budget Information Office

(1)

There is within the Office of Planning and Budget a Legislative and Congressional Budget Information Office (in this section referred to as the LCBI Office). The Chief Financial Officer shall appoint a head of the LCBI Office who shall report exclusively to the Chief Financial Officer.

(2)

The sole function of the LCBI Office is to provide to Congress (or a congressional committee), accurate, timely, and certified information regarding the finances and budget of the Department.

(3)

Congress or a congressional committee may submit a request for information described in paragraph (2) directly to the LCBI Office.

(4)

Paragraphs (2) and (3) notwithstanding, the Assistant Secretary for Congressional and Legislative Affairs shall respond to a request described in paragraph (3) submitted to the Office of Congressional and Legislative Affairs.

(5)

Not more than six full-time equivalent employees, including supervisors, may be assigned to the LCBI Office.

(f) Sunset

On the day that is five years after the date of the enactment of the VA Fiscal Management Modernization Act, the following shall terminate:

(1)

The designation of the Chief Financial Officer under subsection (a).

(2)

The duties of the Chief Financial Officer under subsection (b).

(3)

The positions of the Deputy Assistant Secretaries for Planning and Budget under subsection (c).

(4)

The Office of Planning and Budget under subsection (d).

(5)

The LCBI Office under subsection (e).

(d) Financial employees

Subchapter I of chapter 7 of such title is amended by inserting after section 728 the following new section (and the table of sections at the beginning of such chapter is amended accordingly):

729. Employees with certain financial authority: management; limitation on authority to appoint

(a) Management

(1)

An employee described in paragraph (2) shall report exclusively to the Chief Financial Officer of the Department designated under section 309 of this title.

(2)

An employee described in this paragraph is an employee of the Department—

(A)

whose position is that of chief financial officer of an Administration of the Department or a Veterans Integrated Service Network; or

(B)

whose duties are substantially similar to a position described in subparagraph (A).

(3)

An employee described in paragraph (2) may not perform a programmatic or operational function in the Department.

(b) Limitation on authority To appoint

The Secretary may not establish a employee position—

(1)

that performs a function substantially similar to the function of the Legislative and Congressional Budget Information Office of the Department established under section 309(d) of this title; and

(2)

that is not within the Legislative and Congressional Budget Information Office.

(c) Sunset

This section shall terminate on the day that is five years after the date of the enactment of the VA Fiscal Management Modernization Act.

(e) Implementation

The Secretary of Veterans Affairs shall carry out the amendments made by this section not later than 180 days after the date of the enactment of this Act.