Bill 119 HR 519, also known as the "Inspector General Federal Subaward Reporting System Report Act," is a piece of legislation that aims to improve transparency and accountability in the federal subaward reporting system. The bill requires the Inspector General to submit a report on the current state of the system, including any potential weaknesses or areas for improvement.
The main goal of the bill is to ensure that federal funds are being properly allocated and used effectively by requiring more thorough reporting on subawards. This will help to prevent fraud, waste, and abuse of taxpayer dollars.
In addition to the report from the Inspector General, the bill also includes provisions for other purposes related to the federal subaward reporting system. These additional purposes are not specified in the summary provided.
Overall, Bill 119 HR 519 is a step towards greater transparency and accountability in the federal government's use of taxpayer funds. It aims to identify any weaknesses in the current system and make recommendations for improvement to ensure that federal funds are being used efficiently and effectively.