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Reporting Federal Programs Without Financial Assistance

New rules require government agencies to report on programs intended to provide financial aid but haven't done so in the past year. This aims to increase transparency in public spending and identify inactive programs. Citizens may gain better insight into how their tax money is being used.
Key points
Federal agencies must annually disclose a list of programs that did not provide any financial assistance in the past year.
Reports will include an explanation for program inactivity and the amount of budget authority available for them.
The goal is to improve taxpayer money management and identify inefficient programs.
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Additional Information
Print number: 117_S_3110
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2021-10-28