summary
Introduced
03/14/2019
03/14/2019
In Committee
03/14/2019
03/14/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Requires recipients of federal funds to disclose financing information relating to programs, projects, or activities carried out using such funds. Specifically, such a recipient (including a state or local government or a recipient of a federal research grant) must clearly state in any press release, request for proposal, bid solicitation, or other document describing the activity the amount and percentage of federal funding and the amount and percentage of nongovernmental funding. If the Office of Management and Budget determines that a recipient is failing to comply, it may direct each agency providing federal funds to withhold up to 25% of the funds until the recipient complies.
AI Summary
This bill, titled the Cost Openness and Spending Transparency (COST) Act of 2019, requires recipients of federal funds, including state/local governments and federal research grant recipients, to disclose the percentage and dollar amount of federal and non-governmental funding used for any program, project, or activity they are carrying out. If the Office of Management and Budget (OMB) determines a recipient is not complying, the OMB can direct the relevant federal agencies to withhold up to 25% of the funds until the recipient complies with the disclosure requirements.
Committee Categories
Military Affairs and Security
Sponsors (5)
Last Action
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (on 03/14/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/807/all-info |
| BillText | https://www.congress.gov/116/bills/s807/BILLS-116s807is.pdf |
| Bill | https://www.congress.gov/116/bills/s807/BILLS-116s807is.pdf.pdf |
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