Increased Government Spending Transparency and Improper Payment Prevention
This act aims to enhance government spending transparency by requiring mandatory reporting of payment purposes and funding sources. It also introduces new tools for the government to identify, prevent, and recover erroneous payments, potentially impacting the accuracy of benefit disbursements and other public funds.
Key points
More information on how public money is spent: Government agencies will need to provide details on each payment, including its purpose and funding source.
Better control over disbursements: The government will gain access to databases like the National Directory of New Hires and tax information to more accurately verify payment recipients and prevent fraud.
Bank account verification: Before making payments, agencies will be required to verify the accuracy of bank account information, reducing the risk of incorrect transfers.
Protection for sensitive operations: Certain payments related to national security or law enforcement may be exempt from public reporting, but aggregated information will be included in internal reports.
Introduced
Citizen Poll