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Politiparty

118th Congress Government Operations and Politics

S. 778: COST Act of 2023

Introduced

  1. Introduced (completed)Mar 14, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 14, 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 for communications containing not more than 280 characters relating to the program, project, or activity.

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

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Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

2

Who scored on this bill

0 points earned

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Other bills by Joni Ernst

History

  1. Mar 14, 2023Introduced in the Senate by Joni Ernst.
Show the full action history (2 actions)
  1. Mar 14, 2023Introduced in Senate
  2. Mar 14, 2023Read twice and referred to the Committee on Homeland Security and Governmental Affairs.