Legis Daily

COST Act

USA119th CongressS-4130| Senate 
| Updated: 3/18/2026
Joni Ernst

Joni Ernst

Republican Senator

Iowa

Cosponsors (3)
Rick Scott (Republican)Cynthia M. Lummis (Republican)James Lankford (Republican)

Small Business and Entrepreneurship Committee, Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation aims to enhance transparency regarding the use of federal funds by requiring detailed financial disclosures for projects supported by taxpayer dollars. It mandates that federal agencies and any individual or entity, including state and local governments or research grant recipients, clearly state specific funding information in public communications. For any program, project, or activity utilizing federal funds, these disclosures must include the percentage of total costs financed by Federal funds , the exact dollar amount of Federal funds provided , and the percentage and dollar amount contributed by nongovernmental sources . These requirements apply to various documents such as statements, press releases, and bid solicitations, with an exception for communications under 280 characters. Entities receiving federal funds must also certify their compliance with these disclosure rules in performance progress reports. To ensure accountability, the Director of the Office of Management and Budget will conduct annual reviews of public communications for compliance and make these findings publicly available. Additionally, the bill establishes a public mechanism for anonymously reporting communications that do not meet these new transparency standards.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-807
COST Act

Bill from Previous Congress

S 117-760
COST Act

Bill from Previous Congress

S 118-778
COST Act of 2023
Feb 14, 2025

Latest Companion Bill Action

HR 119-1387
Introduced in House
Mar 18, 2026
Introduced in Senate
Mar 18, 2026
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Mar 18, 2026
Committee on Small Business and Entrepreneurship. Hearings held.
  • Bill from Previous Congress

    S 116-807
    COST Act


  • Bill from Previous Congress

    S 117-760
    COST Act


  • Bill from Previous Congress

    S 118-778
    COST Act of 2023


  • February 14, 2025

    Latest Companion Bill Action

    HR 119-1387
    Introduced in House


  • March 18, 2026
    Introduced in Senate


  • March 18, 2026
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • March 18, 2026
    Committee on Small Business and Entrepreneurship. Hearings held.

Government Operations and Politics

Related Bills

  • HR 119-1387: COST Act
Government information and archives

COST Act

USA119th CongressS-4130| Senate 
| Updated: 3/18/2026
This legislation aims to enhance transparency regarding the use of federal funds by requiring detailed financial disclosures for projects supported by taxpayer dollars. It mandates that federal agencies and any individual or entity, including state and local governments or research grant recipients, clearly state specific funding information in public communications. For any program, project, or activity utilizing federal funds, these disclosures must include the percentage of total costs financed by Federal funds , the exact dollar amount of Federal funds provided , and the percentage and dollar amount contributed by nongovernmental sources . These requirements apply to various documents such as statements, press releases, and bid solicitations, with an exception for communications under 280 characters. Entities receiving federal funds must also certify their compliance with these disclosure rules in performance progress reports. To ensure accountability, the Director of the Office of Management and Budget will conduct annual reviews of public communications for compliance and make these findings publicly available. Additionally, the bill establishes a public mechanism for anonymously reporting communications that do not meet these new transparency standards.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-807
COST Act

Bill from Previous Congress

S 117-760
COST Act

Bill from Previous Congress

S 118-778
COST Act of 2023
Feb 14, 2025

Latest Companion Bill Action

HR 119-1387
Introduced in House
Mar 18, 2026
Introduced in Senate
Mar 18, 2026
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Mar 18, 2026
Committee on Small Business and Entrepreneurship. Hearings held.
  • Bill from Previous Congress

    S 116-807
    COST Act


  • Bill from Previous Congress

    S 117-760
    COST Act


  • Bill from Previous Congress

    S 118-778
    COST Act of 2023


  • February 14, 2025

    Latest Companion Bill Action

    HR 119-1387
    Introduced in House


  • March 18, 2026
    Introduced in Senate


  • March 18, 2026
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • March 18, 2026
    Committee on Small Business and Entrepreneurship. Hearings held.
Joni Ernst

Joni Ernst

Republican Senator

Iowa

Cosponsors (3)
Rick Scott (Republican)Cynthia M. Lummis (Republican)James Lankford (Republican)

Small Business and Entrepreneurship Committee, Homeland Security and Governmental Affairs Committee

Government Operations and Politics

Related Bills

  • HR 119-1387: COST Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government information and archives