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Stop Secret Spending: Full Transparency for Federal Contracts and Agreements.

This law mandates that federal agencies disclose details of special contracts, known as "Other Transaction Agreements" (OTAs), which were previously hidden from public view, and publish them on USAspending.gov. This gives citizens a more complete picture of how their tax dollars are spent, enhancing government accountability. It also requires annual reporting on all federal spending that remains unreported for any reason.
Key points
Special government contracts (OTAs), often used in defense, must now be publicly disclosed and posted on the USAspending.gov website.
The government must annually report the total amount of money spent secretly (e.g., for national security) and the reasons why this data was not made public.
New rules are established to ensure that spending data published by federal agencies is complete, accurate, and subject to regular review by agency Inspectors General.
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Additional Information
Print number: 118_HR_8690
Sponsor: Rep. Moore, Barry [R-AL-2]
Process start date: 2024-06-11