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US HR1387

US HR1387
COST Act Cost Openness and Spending Transparency Act of 2025


summary

Introduced
02/14/2025
In Committee
02/14/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To require the disclosure of information relating to the cost of programs, projects, or activities carried out using Federal funds.

AI Summary

This bill, known as the Cost Openness and Spending Transparency (COST) Act of 2025, requires federal agencies, state and local governments, and recipients of federal research grants to provide clear disclosure about the funding of their programs, projects, or activities. Specifically, any document describing such a project must now state the percentage and dollar amount of federal funds, as well as the percentage and dollar amount of funding from non-governmental sources. This applies to most public communications longer than 280 characters. Recipients must also include a certification of compliance with these disclosure requirements in their performance progress reports. The Office of Management and Budget (OMB) will be responsible for annually reviewing a random sample of public communications to ensure compliance and will create a public mechanism for anonymously reporting communications that do not meet the new disclosure requirements. The goal of the bill is to increase transparency about how federal funds are being used across various government and research programs by mandating explicit financial information be shared with the public.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Referred to the House Committee on Oversight and Government Reform. (on 02/14/2025)

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