Bill 118 HR 5536, also known as the Grant Transparency Act of 2023, aims to increase transparency and accountability in the distribution of federal grants. The bill requires federal agencies to provide detailed information on...
their grant programs, including the purpose of the grant, eligibility requirements, and the criteria used to evaluate grant applications.
Additionally, the bill mandates that federal agencies publish information on the recipients of grants, including the amount of funding received and the outcomes of the grant-funded projects. This information must be made available to the public in a searchable online database, allowing taxpayers to easily track how federal grant money is being spent.
The Grant Transparency Act of 2023 also includes provisions to streamline the grant application process, making it easier for organizations to apply for federal funding. The bill requires federal agencies to standardize grant application forms and procedures, reducing the administrative burden on grant applicants.
Overall, the Grant Transparency Act of 2023 aims to promote accountability and efficiency in the distribution of federal grants, ensuring that taxpayer dollars are being used effectively to support important projects and initiatives.