TRUE Accountability Act

Key Points

• The TRUE Accountability Act requires major federal agencies to create specific plans for how they will manage money during a crisis. This is meant to prevent the fraud and waste that often happens when the government has to send out emergency aid very quickly.
• Each agency must name a high ranking official who is personally responsible for these plans. This leader will make sure the agency is ready to track every dollar and catch mistakes before the money is even spent.
• The Office of Management and Budget will set the rules for these plans. They will focus on identifying risks like identity theft or fake claims that often pop up during disaster relief or public health emergencies.
• Agencies must submit their first plans within one year and update them every three years. This keeps the strategies fresh so the government is always ready for the next unexpected event.
• This bill does not ask for any new money to be spent. Instead, it requires agencies to use their current budgets to better organize their internal systems and protect the taxes people already pay.

Impact Analysis

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