To require a plan to ensure audit readiness of statements of budgetary resources.

This amendment's own text couldn't be picked out of its Congressional Record passage, so the passage is shown in full.

SA 1132. Mr. McCAIN (for himself, Mr. Levin, and Ms. Ayotte)
submitted an amendment intended to be proposed by him to the bill S.
1867, to authorize appropriations for fiscal year 2012 for military
activities of the Department of Defense, for military construction, and
for defense activities of the Department of Energy, to prescribe
military personnel strengths for such fiscal year, and for other
purposes; which was ordered to lie on the table; as follow:


[[Page S7747]]


       At the end of subtitle A of title X, add the following:

     SEC. 1005. PLAN TO ENSURE AUDIT READINESS OF STATEMENTS OF
                   BUDGETARY RESOURCES.

       (a) Planning Requirement.--The report to be issued pursuant
     to section 1003(b) of the National Defense Authorization Act
     for 2010 (Public Law 111-84; 123 Stat. 2440; 10 U.S.C. 2222
     note) and provided by not later than May 15, 2012, shall
     include a plan, including interim objectives and a schedule
     of milestones for each military department and for the
     defense agencies, to ensure that the statement of budgetary
     resources of the Department of Defense meets the goal
     established by the Secretary of Defense of being validated
     for audit by not later than September 30, 2014. Consistent
     with the requirements of such section, the plan shall ensure
     that the actions to be taken are systemically tied to process
     and control improvements and business systems modernization
     efforts necessary for the Department to prepare timely,
     reliable, and complete financial management information on a
     repeatable basis.
       (b) Semiannual Updates.--The reports to be issued pursuant
     to such section after the report described in subsection (a)
     shall update the plan required by such subsection and explain
     how the Department has progressed toward meeting the
     milestones established in the plan.
                                 ______