To amend the Federal Funding Accountability and Transparency Act of 2006 to ensure real-time public access to Federal award information.

This bill would modify the Federal Funding Accountability and Transparency Act of 2006 to ensure that information about federal awards is available to the public in real-time rather than on a delayed basis. Currently, federal award data may be reported with some lag time before becoming publicly accessible.

The practical effect would be to give citizens, researchers, journalists, and watchdog organizations faster access to information about how federal money is being spent, including grants, contracts, and other awards. This could enable more timely scrutiny of government spending and help taxpayers track where their tax dollars are going. The bill is currently in the early stages of the legislative process and has been referred to the House Committee on Oversight and Government Reform for consideration.