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National Emergency Expenditure Reporting Transparency Act
1/31/2024, 8:15 AM
Summary of Bill HR 4615
Bill 118 HR 4615, also known as the National Emergency Expenditure Reporting Transparency Act, aims to increase transparency and accountability in government spending during national emergencies. The bill requires the President to submit a report to Congress detailing all expenditures made under a national emergency declaration within 60 days of the declaration being issued.
The report must include information on the amount of funds expended, the purpose of the expenditures, and the agency responsible for overseeing the funds. Additionally, the bill requires the President to provide a justification for each expenditure and explain how it relates to addressing the national emergency.
Furthermore, the bill mandates that the Government Accountability Office (GAO) conduct audits of the expenditures to ensure that funds are being used appropriately and effectively. The GAO will submit a report to Congress detailing their findings and recommendations for improving transparency and accountability in emergency spending. Overall, the National Emergency Expenditure Reporting Transparency Act seeks to ensure that taxpayer dollars are being spent responsibly during times of crisis and that the government is held accountable for its actions.
The report must include information on the amount of funds expended, the purpose of the expenditures, and the agency responsible for overseeing the funds. Additionally, the bill requires the President to provide a justification for each expenditure and explain how it relates to addressing the national emergency.
Furthermore, the bill mandates that the Government Accountability Office (GAO) conduct audits of the expenditures to ensure that funds are being used appropriately and effectively. The GAO will submit a report to Congress detailing their findings and recommendations for improving transparency and accountability in emergency spending. Overall, the National Emergency Expenditure Reporting Transparency Act seeks to ensure that taxpayer dollars are being spent responsibly during times of crisis and that the government is held accountable for its actions.
Read the Full Bill
Current Status of Bill HR 4615
Bill HR 4615 is currently in the status of Bill Introduced since July 13, 2023. Bill HR 4615 was introduced during Congress 118 and was introduced to the House on July 13, 2023. Bill HR 4615's most recent activity was Referred to the House Committee on Oversight and Accountability. as of July 13, 2023
Bipartisan Support of Bill HR 4615
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
36Democrat Cosponsors
0Republican Cosponsors
36Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4615
Primary Policy Focus
Emergency ManagementAlternate Title(s) of Bill HR 4615
National Emergency Expenditure Reporting Transparency Act
National Emergency Expenditure Reporting Transparency Act
To require that information on spending associated with national emergencies be subject to the same reporting requirements as other Federal funds under the Federal Funding Accountability and Transparency Act of 2006, and for other purposes.
Comments
Sponsors and Cosponsors of HR 4615
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