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S. 2590 (109th): Federal Funding Accountability and Transparency Act of 2006

The text of the bill below is as of Apr 6, 2006 (Introduced).


II

109th CONGRESS

2d Session

S. 2590

IN THE SENATE OF THE UNITED STATES

April 6, 2006

(for himself, Mr. Obama, Mr. Carper, and Mr. McCain) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs

A BILL

To require full disclosure of all entities and organizations receiving Federal funds

1.

Short title

This Act may be cited as the Federal Funding Accountability and Transparency Act of 2006.

2.

Full disclosure of entities receiving Federal funding

(a)

In general

(1)

Website

Effective beginning January 1, 2007 and subject to paragraphs (2) and (3), the Office of Management and Budget shall ensure the existence and operation of a single updated searchable database website accessible by the public at no cost that includes for each entity receiving Federal funding—

(A)

the name of the entity;

(B)

the amount of any Federal funds that the entity has received in each of the last 10 fiscal years;

(C)

an itemized breakdown of each transaction, including funding agency, program source, and a description of the purpose of each funding action;

(D)

the location of the entity and primary location of performance, including the city, State, congressional district, and country;

(E)

a unique identifier for each such entity and parent entity, should the entity be owned by another entity; and

(F)

any other relevant information.

(2)

Initial data

Effective January 1, 2007, the website shall include data for fiscal years 2006 and 2007.

(3)

Previous fiscal years

Not later than January 1, 2009, information required by this section shall be posted on the website for fiscal years 1999 through 2005.

(b)

Definitions

In this section:

(1)

Entity

The term entity

(A)

includes—

(i)

a corporation;

(ii)

an association;

(iii)

a partnership;

(iv)

a limited liability company;

(v)

a limited liability partnership;

(vi)

any other legal business entity;

(vii)

grantees, contractors, and, on and after October 1, 2007, subgrantees and subcontractors; and

(viii)

any State or locality; and

(B)

does not include—

(i)

an individual recipient of Federal assistance;

(ii)

a Federal employee; or

(iii)

a grant or contract of a nature that could be reasonably expected to cause damage to national security.

(2)

Federal funding

The term federal funding

(A)

means Federal financial assistance and expenditures that include grants, contracts, subgrants, subcontracts, loans, awards and other forms of financial assistance; and

(B)

does not include credit card transactions or minor purchases.

(3)

Searchable database website

The term searchable database website means a website that allows the public to—

(A)

search Federal funding by name of entity, parent entity, or type of industry, geography, including location of the entity and the primary location of the performance, amounts and types of federal funding, program sources, type of activity being performed, time factors such as fiscal years or multiple fiscal years, and other relevant information; and

(B)

download data included in subparagraph (A) including outcomes from searches.

(c)

Website

The database website established by this section—

(1)

shall not be considered in compliance if it links to FPDS, Grants.gov or other existing websites and databases, unless each of those sites has information from all agencies and each category of information required to be itemized can be searched electronically by field in a single search;

(2)

shall provide an opportunity for the public to provide input about the utility of the site and recommendations for improvements; and

(3)

shall be updated not later than 30 days after the award of any assistance requiring a posting.

(d)

Agency responsibilities

The Director of OMB shall provide guidance to agency heads to ensure compliance with this section.

(e)

Report

The Director of OMB shall annually report to the Senate Committee on Homeland Security and Government Affairs and the House Committee on Government Reform on implementation of the website that shall include data about the usage and public feedback on the utility of the site, including recommendations for improvements. The annual report shall be made publicly available on the website.