This bill requires the Government Accountability Office (Comptroller General) to publish and send to specified congressional committees an annual, public report on federal grants. The report must list each grant’s name, purpose, amount paid, the recipient, and a description of the funded project. Grant recipients must also file a project report within 3 months after a project ends. That report must include the total federal funds used for salaries, names of subcontractors and amounts paid to them, administrative costs, materials, any unspent funds, and any other information the Director of the Office of Management and Budget (OMB) requires. The GAO will compile those recipient reports into an annual report. OMB must issue guidance and notify grant recipients about the report requirement. The recipient reporting rule applies to grants awarded on or after the law’s enactment. The bill defines "Director" as the OMB Director and lists which House and Senate committees must receive the GAO reports.
If you receive a federal grant after this law starts, you must file a project report within 3 months of completing the project that shows salary totals, subcontractor payments, administrative costs, materials, and any unspent funds. Agencies will provide public information about grants and projects. If a grant recipient does not send the required report, that recipient cannot get another federal grant until the report is submitted.
No publicly available information on expected costs, budget changes, or funding sources for implementing these reporting requirements is included in the bill text.
No publicly available information.
No publicly available information.