Taxpayers DIME Act of 2022

Hozzl · 2022-12-29T22:03:49Z

Explore the details of House Bill 7134 Taxpayers DIME Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

12/29/2022, 10:03 PM

Summary of Bill HR 7134

The Taxpayers DIME Act of 2022, also known as Bill 117 hr 7134, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to increase transparency and accountability in government spending by requiring federal agencies to report detailed information on how they are using taxpayer dollars.

Specifically, the Taxpayers DIME Act would mandate that agencies provide quarterly reports to Congress and the public on their spending, including information on contracts, grants, and other financial transactions. This information would be made available on a publicly accessible website, allowing taxpayers to see exactly how their money is being spent.

Additionally, the bill would establish a new oversight body, the Federal Financial Management Improvement Board, to monitor and evaluate agency spending practices. This board would be responsible for identifying areas where agencies could improve their financial management and recommending changes to increase efficiency and reduce waste. Overall, the Taxpayers DIME Act aims to promote greater transparency and accountability in government spending, ensuring that taxpayer dollars are being used effectively and efficiently. It is currently being debated in Congress, with supporters arguing that it will help prevent fraud and abuse in government spending, while opponents raise concerns about the potential costs and administrative burdens associated with implementing the new reporting requirements.

Congressional Summary of HR 7134

Taxpayers Don't Incur Meaningless Expenses Act of 2022 or the Taxpayers DIME Act of 2022

This bill prohibits the use of federal funds for travel expenses of senior federal officials in violation of specified federal travel regulations.

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Current Status of Bill HR 7134

Bill HR 7134 is currently in the status of Bill Introduced since March 17, 2022. Bill HR 7134 was introduced during Congress 117 and was introduced to the House on March 17, 2022. Bill HR 7134's most recent activity was Referred to the House Committee on Oversight and Reform. as of March 17, 2022

Bipartisan Support of Bill HR 7134

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7134

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill HR 7134

Taxpayers DIME Act of 2022Taxpayers DIME Act of 2022Taxpayers Don’t Incur Meaningless Expenses Act of 2022To limit the use of Federal funds for the use of the travel expenses of senior Federal officials in contravention of certain regulations, and for other purposes.

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