This bill, the Stop Secret Spending Act of 2025, changes the Federal Funding Accountability and Transparency Act of 2006 to require that "other transaction agreements" be reported to USAspending.gov. It adds data standards that require, within 3 years, automatic transmission of other transaction agreement data to USAspending.gov and a centralized view of that data. The bill requires an annual public report on the total amount of federal award spending that has not been posted to USAspending.gov and the reasons why, including if the spending is national security-related or classified, awarded by a legislative or judicial branch agency, or is a small subaward.
The bill also requires an initial public list and descriptions of other transaction agreements if automatic reporting is not ready within 1 year. If reporting is not ready within 2 years, the Treasury Secretary must submit a plan to Congress showing the status and actions to meet the 3-year goal. The bill changes inspector general reporting rules so inspectors general for certain agencies must report within 1 year and then at least every 2 years for up to 10 years. It adds requirements for agencies to ensure data posted to USAspending.gov is complete, accurate, and follows display standards. The bill directs the Comptroller General to recommend updates to a Federal Acquisition Regulation clause within 1 year.
No publicly available information on the bill's costs or budget impact is included in the text. The bill sets deadlines and reporting requirements but does not provide cost estimates.
The bill requires reporting of other transaction agreements, sets data standards and timelines, and adds oversight and inspector general reporting. The sponsors aim to increase transparency of certain federal awards and improve the completeness and accuracy of data on USAspending.gov.
No publicly available information.