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Politiparty

118th Congress Government Operations and Politics

H.R. 2968: COST Act of 2023

Introduced

  1. Introduced (completed)Apr 27, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Apr 27, 2023

Cost Openness and Spending Transparency Act of 2023 or the COST Act of 2023

This bill requires recipients of federal funds to disclose financing information relating to programs, projects, or activities carried out using such funds.

Specifically, such a recipient (including a state or local government or a recipient of a federal research grant) must clearly state in any press release, request for proposals, bid solicitation, or other document describing the activity the amount and percentage of federal funding and the amount and percentage of nongovernmental funding.

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An individual or entity carrying out a program, project, or activity that is carried out using federal funds must, as part of the performance progress reporting, include a certification indicating whether the individual or entity complied with the disclosure requirements.

The Office of Management and Budget (OMB) must annually

  • review a random sampling of public communications issued by agencies and recipients of federal funds for compliance with the disclosure requirements, and
  • make publicly available the findings of the review.

The OMB must make available to the public a mechanism to anonymously report communications that do not comply.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

6

Who scored on this bill

0 points earned

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Other bills by Ralph Norman

History

  1. Apr 27, 2023Introduced in the House by Ralph Norman.
Show the full action history (2 actions)
  1. Apr 27, 2023Introduced in House
  2. Apr 27, 2023Referred to the House Committee on Oversight and Accountability.