Bill 119 s 766, also known as the "Taxpayer-Funded Projects Accountability Act," is a proposed piece of legislation in the US Congress. The main purpose of this bill is to require an annual report to be submitted to Congress detailing taxpayer-funded projects that are over budget and behind schedule.
The bill aims to increase transparency and accountability in government spending by ensuring that taxpayers are informed about projects that are not meeting their deadlines or exceeding their budget. By requiring this annual report, Congress will be able to identify and address any inefficiencies or mismanagement in taxpayer-funded projects.
If passed, the bill would mandate that federal agencies provide detailed information on any projects that are over budget by 10% or more, or behind schedule by 6 months or more. This information would include the reasons for the delays or cost overruns, as well as any steps being taken to address the issues and bring the project back on track.
Overall, Bill 119 s 766 seeks to hold government agencies accountable for how they are using taxpayer dollars and ensure that projects are completed in a timely and cost-effective manner. It is a step towards promoting transparency and efficiency in government spending.