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You are here: Home / Government Contracting News / Stricter Pcard rules signed into law

October 16, 2012 By AMK

Stricter Pcard rules signed into law

President Obama signed a bill into law Friday that creates stricter rules for federal employees using government charge cards, Federal News Radio reported.

Sen. Chuck Grassley, R-Iowa, introduced the 2012 Government Charge Card Abuse Prevention Act in February 2011, and it cleared Congress during the final minutes of lawmakers’ session in late September. Grassley worked on the legislation with Sens. Joe Lieberman, I-Conn., and Susan Collins, R-Maine. In a statement, Grassley said the legislation was created to restore the public’s trust in government spending.

“This bill is about accountability,” he said. “The public trust has been violated by abusive use of government charge cards. By putting some common-sense controls into the law, we can make certain the federal bureaucracy improves the way it responsibly manages the use of these cards.”

Keep reading this article at: http://www.govexec.com/oversight/2012/10/obama-signs-new-government-charge-card-rules/58663/?oref=govexec_today_nl.

Filed Under: Government Contracting News Tagged With: abuse, accountability, Pcard

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