This legislative proposal aims to enhance the transparency and public accessibility of federal spending by amending the Federal Funding Accountability and Transparency Act of 2006. The core purpose is to provide the public with more timely information regarding how federal funds are awarded and utilized across various programs and agencies. Specifically, the bill mandates a significant reduction in the time agencies have to post federal award information online. It changes the requirement from "not later than 30 days" to "within 3 days" after a federal award is made, thereby ensuring real-time public access to this critical data. This expedited disclosure is intended to improve accountability and allow for quicker oversight of government expenditures.
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Timeline
Introduced in House
Referred to the House Committee on Oversight and Government Reform.
Introduced in House
Referred to the House Committee on Oversight and Government Reform.
Government Operations and Politics
To amend the Federal Funding Accountability and Transparency Act of 2006 to ensure real-time public access to Federal award information.
USA119th CongressHR-7974| House
| Updated: 3/18/2026
This legislative proposal aims to enhance the transparency and public accessibility of federal spending by amending the Federal Funding Accountability and Transparency Act of 2006. The core purpose is to provide the public with more timely information regarding how federal funds are awarded and utilized across various programs and agencies. Specifically, the bill mandates a significant reduction in the time agencies have to post federal award information online. It changes the requirement from "not later than 30 days" to "within 3 days" after a federal award is made, thereby ensuring real-time public access to this critical data. This expedited disclosure is intended to improve accountability and allow for quicker oversight of government expenditures.