To amend the Federal Financial Assistance Management Improvement Act of 1999 to require data with respect to Federal financial assistance to be available for public access in a searchable and user friendly form.
Summary
H.R. 5060 seeks to increase government transparency by requiring the creation of a single, free, and searchable website that tracks all federal financial assistance. This database would provide the public with detailed information on federal grants and awards, including the amount of money disbursed, the purpose of the funding, and the identity of the recipients and sub-recipients.
For everyday citizens, this bill would make it easier to see exactly how and where federal tax dollars are being spent in their communities and across the country. By consolidating data from various agencies into one user-friendly platform, the bill aims to provide a clear 10-year history of financial awards for any given recipient, allowing for greater public oversight of government spending.
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