Congress·In Committee·H.R. 7974

To amend the Federal Funding Accountability and Transparency Act of 2006 to ensure real-time public access to Federal award information.

Federal Spending: Faster Public Reporting of Government Awards

4 months ago·View on Congress.gov·Read full text

This bill is currently in the early stages of the legislative process after being sent to the House Committee on Oversight and Government Reform. It is actively moving through the system, but no future hearings or votes have been scheduled yet. There is no companion bill listed for this proposal at this time.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

While the bill has support from both parties, many small transparency bills like this struggle to get a full vote in both the House and Senate.

Key Points

This bill changes how quickly the government must tell the public about the money it spends. Right now, federal agencies have 30 days to post details about grants and contracts. This bill would require them to post that information within 3 days.
The main goal is to give Americans real-time access to federal spending data. By speeding up the reporting process, the public can see where tax dollars are going almost as soon as the government makes a spending decision.
This would mostly affect federal agencies and the people who manage government websites. They would have to update their reporting systems to make sure they can meet the much shorter three-day deadline.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Mar 18, 2026House

Referred to the House Committee on Oversight and Government Reform.

Mar 18, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

News

No related news coverage found for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

To amend the Federal Funding Accountability and Transparency Act of 2006 to ensure real-time public access to Federal award information.

Bill NumberHR 7974

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Oversight and Government Reform.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(12)

D: 3R: 9

Analysis generated by AI. Always verify with official sources.