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LEDGER Act

USA119th CongressS-1160| Senate 
| Updated: 3/26/2025
Rick Scott

Rick Scott

Republican Senator

Florida

Cosponsors (1)
Roger Marshall (Republican)

Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation mandates the Secretary of the Treasury to establish a comprehensive system for tracking all federal government expenditures. Within 180 days of the bill's enactment, this system must be implemented to ensure greater transparency and accountability in how public funds are utilized. The new system will meticulously track all outlays from every appropriation, receipt, or other fund account held within the Treasury. This requirement extends to all departments, agencies, and offices across the executive, legislative, and judicial branches of the United States Government. Furthermore, the system will specifically monitor disbursements subject to existing requirements and, crucially, track the period of availability for the amounts in each applicable fund account, providing a complete financial lifecycle view.
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Timeline
Mar 26, 2025
Introduced in Senate
Mar 26, 2025
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jun 24, 2025

Latest Companion Bill Action

HR 119-4091
Introduced in House
  • March 26, 2025
    Introduced in Senate


  • March 26, 2025
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • June 24, 2025

    Latest Companion Bill Action

    HR 119-4091
    Introduced in House

Economics and Public Finance

Related Bills

  • HR 119-4091: LEDGER Act

LEDGER Act

USA119th CongressS-1160| Senate 
| Updated: 3/26/2025
This legislation mandates the Secretary of the Treasury to establish a comprehensive system for tracking all federal government expenditures. Within 180 days of the bill's enactment, this system must be implemented to ensure greater transparency and accountability in how public funds are utilized. The new system will meticulously track all outlays from every appropriation, receipt, or other fund account held within the Treasury. This requirement extends to all departments, agencies, and offices across the executive, legislative, and judicial branches of the United States Government. Furthermore, the system will specifically monitor disbursements subject to existing requirements and, crucially, track the period of availability for the amounts in each applicable fund account, providing a complete financial lifecycle view.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 26, 2025
Introduced in Senate
Mar 26, 2025
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jun 24, 2025

Latest Companion Bill Action

HR 119-4091
Introduced in House
  • March 26, 2025
    Introduced in Senate


  • March 26, 2025
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • June 24, 2025

    Latest Companion Bill Action

    HR 119-4091
    Introduced in House
Rick Scott

Rick Scott

Republican Senator

Florida

Cosponsors (1)
Roger Marshall (Republican)

Homeland Security and Governmental Affairs Committee

Economics and Public Finance

Related Bills

  • HR 119-4091: LEDGER Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted