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Introduced on March 11, 2025 by Barry Moore
This bill aims to make more federal spending easy to find online. It requires a special type of federal agreement, called “other transaction agreements,” to be posted on USAspending.gov. Treasury must set up automatic feeds and a single, centralized view of this data within three years. It also requires a yearly public report showing how much federal award spending is still missing from the site and why (for example, because it’s classified, from the legislative or judicial branch, or a small subaward).
The bill tightens data quality rules. Agencies must make sure the information they post is complete and accurate, and Treasury and the Office of Management and Budget (OMB) can check and set display standards. Treasury and OMB will also decide which agencies must report and will publish a list of them, updating it at least every two years; some changes take effect when that first list is published. If the new OTA data feed is not ready in time, Treasury must publish an initial report of all such agreements after one year and submit a plan after two years to finish the job by year three. Inspectors general must issue recurring public reports to help track compliance over time. The Government Accountability Office must also recommend updates to federal contracting rules within one year to reflect these transparency requirements.
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