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Agency Accountability Act: New Rules for Federal Agency Spending

This act changes how federal agencies spend money from fees, fines, and settlements. Instead of direct use, these funds will go into the general Treasury fund and can only be spent after Congressional approval. This aims to increase oversight of agency spending and public financial transparency.
Key points
All fees, fines, and settlement proceeds collected by federal agencies (with some exceptions) must be deposited into the general Treasury fund.
Agencies will not be able to automatically spend these funds; their use will require separate Congressional appropriation.
Exceptions include loan guarantee programs, insurance programs, and whistleblower payments.
The act aims to increase Congressional oversight over how federal agencies manage their finances.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_2368
Sponsor: Rep. Palmer, Gary J. [R-AL-6]
Process start date: 2023-03-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Agency Accountability Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2368.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-29.

What are the main provisions?

Key points include:

  • All fees, fines, and settlement proceeds collected by federal agencies (with some exceptions) must be deposited into the general Treasury fund.
  • Agencies will not be able to automatically spend these funds; their use will require separate Congressional appropriation.
  • Exceptions include loan guarantee programs, insurance programs, and whistleblower payments.
  • The act aims to increase Congressional oversight over how federal agencies manage their finances.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Palmer, Gary J. [R-AL-6].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Courts and Law Public Investments