1. Short title This Act may be cited as the Oversight and Verification of Expenses and Readiness for Security Engagements Abroad Act of 2020 or the OVERSEA Act of 2020 . 2. Report Coast Guard defense readiness resources allocation (a) Report required Not later than 180 days after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the Committees on Armed Services of the Senate and House of Representatives, the Committee on Transportation and Infrastructure of the House of Representatives, and the Committee on Commerce, Science, and Transportation of the Senate, a report on the allocation of resources by the Coast Guard to support its defense readiness mission. (b) Contents The report required by subsection (a) shall include the following elements: (1) Funding levels allocated by the Coast Guard to support defense readiness missions for each of the past ten fiscal years preceding the date of enactment of this Act. (2) Funding levels transferred or otherwise provided by the Department of Defense to the Coast Guard in support of the Coast Guard’s defense readiness missions for each of the past ten fiscal years preceding the date of enactment of this Act. (3) The number of Coast Guard detachments assigned in support of the Coast Guard’s defense readiness mission for each of the past ten fiscal years preceding the date of enactment of this Act. (c) Assessment In addition to the elements detailed in subsection (b), the report shall include an assessment of the impacts on the Coast Guard’s non-defense mission readiness and operational capabilities due to the annual levels of reimbursement provided by the Department of Defense to compensate the Coast Guard for its expenses to fulfill its defense readiness mission.