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Enhanced Transparency in Public Spending: Tracking Subaward Recipients

This act aims to increase transparency in public spending by improving how federal funds are tracked through subawards. Citizens will gain easier access to information about who ultimately benefits from federal grants, which can help monitor expenditures and prevent misuse. These changes are intended to make it simpler to understand where taxpayers' money goes.
Key points
Improved tracking of how federal money is passed to sub-recipients, increasing transparency in public spending.
Easier public access to information about who ultimately receives federal funds.
Introduction of standardized reporting rules for federal agencies to ensure more accurate and comparable data.
Reduction of administrative burdens for entities receiving funds, while enhancing data quality.
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Additional Information
Print number: 118_HR_7598
Sponsor: Rep. Langworthy, Nicholas A. [R-NY-23]
Process start date: 2024-03-08