Unauthorized Spending Accountability Act

Hozzl · 2024-02-02T14:45:19Z

Explore the details of House Bill 4435 Unauthorized Spending Accountability Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

2/2/2024, 2:45 PM

Summary of Bill HR 4435

Bill 118 hr 4435, also known as the Unauthorized Spending Accountability Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to hold government agencies accountable for unauthorized spending of taxpayer dollars.

The bill requires federal agencies to report to Congress any instances of unauthorized spending within 60 days of the end of the fiscal year. This reporting must include details on the amount of unauthorized spending, the programs or activities where the spending occurred, and the actions taken to address the unauthorized spending.

Additionally, the bill requires agencies to develop and implement plans to prevent unauthorized spending in the future. These plans must include measures to improve financial management, internal controls, and oversight of spending. If an agency fails to comply with the reporting requirements of the bill, the agency head may be subject to disciplinary action, including removal from office. Overall, the Unauthorized Spending Accountability Act aims to increase transparency and accountability in government spending, ensuring that taxpayer dollars are used efficiently and effectively.

Congressional Summary of HR 4435

Unauthorized Spending Accountability Act

This bill reduces budgetary levels for certain federal programs that are funded through the annual appropriations process and do not have an authorization of appropriations. The bill requires specified reductions to be implemented over a three-year period and terminates the unauthorized programs at the end of the third unauthorized year.

Under the bill, budgetary levels are spending allocations provided to the congressional appropriations committees by a congressional budget resolution or a deeming resolution. The allocations are provided under the Congressional Budget Act of 1974 and are often referred to as 302(a) allocations.

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Current Status of Bill HR 4435

Bill HR 4435 is currently in the status of Bill Introduced since June 30, 2023. Bill HR 4435 was introduced during Congress 118 and was introduced to the House on June 30, 2023. Bill HR 4435's most recent activity was Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 23 - 20. as of July 12, 2023

Bipartisan Support of Bill HR 4435

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4435

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

AppropriationsBudget processExecutive agency funding and structureGovernment information and archivesLegislative rules and procedure

Alternate Title(s) of Bill HR 4435

Unauthorized Spending Accountability ActUnauthorized Spending Accountability ActTo establish a budgetary level reduction schedule, and for other purposes.

Start holding our government accountable!

Comments

Sponsors and Cosponsors of HR 4435

Cathy McMorris Rodgers

Washington(Republican)

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