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Cost Openness and Spending Transparency Act of 2026 (COST Act)

This bill requires all federally funded projects to clearly disclose their total cost and the specific amount of taxpayer money used. It aims to give citizens a clear view of how their taxes are being spent on various government programs and initiatives.
Key points
Mandatory disclosure of the percentage and dollar amount of federal funding in project documents.
Requirement to show the amount of funding coming from non-governmental sources.
Establishment of an anonymous public reporting tool to flag missing cost information.
Annual compliance reviews by the Office of Management and Budget to ensure transparency.
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Status:
Introduced
CIVIC WILL RECORD
100% Supported 0% Opposed
1 VOTES RECORDED
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Additional Information
COST Act
Print number: S 4130
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2026-03-18