Increased Transparency in Government Management of Excess Property.
This law increases transparency in how federal agencies manage surplus assets like equipment and vehicles. It requires the government to publish detailed data on excess property and internal rules mandating officials consider using existing items before purchasing new ones. The goal is to save taxpayer money by reducing unnecessary new acquisitions.
Key points
The government must publicly release annual reports detailing the value and type of excess personal property no longer required by agencies.
Federal agencies must publish internal guidelines requiring employees to check for available surplus property before making new purchases.
The law includes a temporary provision (sunset clause), meaning these transparency requirements will expire after five years.
Expired
Citizen Poll