Digital Accountability and Transparency Act of 2014
The Digital Accountability and Transparency Act of 2013 (S. 994) or ACRONYM, is/was a bill/law introduced/passed to the 113th United States Congress
Background
Provisions of the bill
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source.
Congressional Budget Office report
This summary is based largely on the summary provided by the Congressional Budget Office, as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on November 6, 2013. This is a public domain source.[1]
S. 994 aims to make information on federal expenditures more easily accessible and transparent. The bill would require the U.S. Department of the Treasury to establish common standards for financial data provided by all government agencies and to expand the amount of data that agencies must provide to the government website, USASpending. In addition, the Office of Management and Budget (OMB) would be required to conduct a two-year pilot program to make it easier for federal contractors and grant recipients to comply with federal reporting requirements. S. 994 also would require OMB, the Government Accountability Office, and the agencies’ Inspectors General to submit additional reports to the Congress. Finally, the legislation would designate the Treasury Franchise Fund as the source of funding for the bill’s implementation.[1]
The Congressional Budget Office (CBO) estimates that implementing the bill would cost $300 million over the 2014-2018 period, assuming appropriation of the necessary amounts. The legislation also could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply. The CBO estimates, however, that any net increase in spending by those agencies would not be significant. Enacting the bill would not affect revenues.[1]
S. 994 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act; any costs to state, local, or tribal governments would result from complying with conditions for receiving federal assistance.[1]
Procedural history
Who proposed it, co-sponsors, dates of introduction, sent to committee(s), alterations, voting history, other chamber's actions, conference committee, final passage, signed or veto by president.
Debate and discussion
Media coverage. Organizations and people for or against.
See also
References
- ^ a b c d "CBO - S. 994". Congressional Budget Office. Retrieved 28 April 2014.
External links
- Library of Congress - Thomas S. 994
- beta.congress.gov S. 994
- GovTrack.us S. 994
- OpenCongress.org S. 994
- WashingtonWatch.com S. 994
- Congressional Budget Office's report on S. 994
This article incorporates public domain material from websites or documents of the United States government.
- Category:United States proposed federal legislation
- Category:113th United States Congress