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Increased Transparency in Military Equipment Maintenance Spending

New rules require the Department of Defense to provide Congress with more detailed reports on how money is spent on maintaining and keeping military equipment ready. This aims to improve understanding of equipment costs and status, potentially impacting the efficient use of public funds.
Key points
Requirement to submit detailed spending plans for military operations and maintenance by specific areas.
Mandatory reporting on costs related to maintaining the readiness of major weapon systems.
Need to report on equipment status and supply chain risks for parts.
New reporting requirements take effect starting with the fiscal year 2023 budget.
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Additional Information
To amend title 10, United States Code, to require the submission of an annual budget submission display for operation and maintenance accounts of the Department of Defense, and for other purposes.
Print number: HR 5197
Sponsor: Rep. Bacon, Don [R-NE-2]
Process start date: 2021-09-10