1. Short title This Act may be cited as the Payment Integrity Information Act of 2018 . 2. Improper payments (a) In general Chapter 33 of title 31, United States Code, is amended by adding at the end the following: IV Improper payments 3351. Definitions In this subchapter: (1) Annual financial statement The term annual financial statement means the annual financial statement required under section 3515 of this title or similar provision of law. (2) Compliance The term compliance means that an executive agency— (A) has— (i) published improper payments information with the annual financial statement of the executive agency for the most recent fiscal year; and (ii) posted on the website of the executive agency that statement and any accompanying materials required under guidance of the Office of Management and Budget; (B) if required, has conducted a program specific risk assessment for each program or activity that conforms with the requirements under section 3352(a); (C) if required, publishes improper payments estimates for all programs and activities identified under section 3352(a) in the accompanying materials to the annual financial statement; (D) publishes programmatic corrective action plans prepared under section 3352(d) that the executive agency may have in the accompanying materials to the annual financial statement; (E) publishes improper payments reduction targets established under section 3352(d) that the executive agency may have in the accompanying materials to the annual financial statement for each program or activity assessed to be at risk, and has demonstrated improvements and developed a plan to meet the reduction targets