Government Surplus Transparency: Public Access to Excess Property Data.
This law mandates federal agencies to publicly disclose detailed data on property they deem surplus or excess. The goal is to improve government efficiency by requiring agencies to consider reusing existing assets before purchasing new ones, increasing accountability for taxpayer funds. Citizens will gain access to centralized reports detailing the aggregate value of unused government property.
Key points
Federal agencies must publish annual reports online detailing all excess personal property and its total dollar value, enhancing public oversight of spending.
Agencies must publish internal rules requiring staff to check for and consider using existing surplus property before making new purchases.
Most transparency and reporting requirements introduced by this Act are set to expire automatically after five years.
Status:
Became Law
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