FACT Act

Hozzl · 2025-03-26T08:06:09Z

Explore the details of House Bill 2277 FACT Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/26/2025, 8:06 AM

Summary of Bill HR 2277

The FACT Act, also known as Bill 119 HR 2277, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to increase transparency and accountability in the federal government by requiring federal agencies to report on their activities and expenditures.

Specifically, the FACT Act mandates that federal agencies must submit annual reports to Congress detailing their spending, performance, and compliance with various laws and regulations. These reports would be made available to the public in order to promote transparency and ensure that taxpayer dollars are being used effectively.

Additionally, the FACT Act includes provisions to strengthen oversight of federal agencies by requiring them to establish internal controls to prevent fraud, waste, and abuse. It also calls for the creation of a centralized database to track federal spending and performance metrics, making it easier for Congress and the public to monitor government activities. Overall, the FACT Act aims to improve government accountability and transparency by requiring federal agencies to report on their activities and expenditures, establish internal controls to prevent fraud, and create a centralized database to track federal spending. This legislation is currently under consideration in Congress and has the potential to have a significant impact on how the federal government operates.

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Current Status of Bill HR 2277

Bill HR 2277 is currently in the status of Bill Introduced since March 21, 2025. Bill HR 2277 was introduced during Congress 119 and was introduced to the House on March 21, 2025. Bill HR 2277's most recent activity was Referred to the House Committee on Oversight and Government Reform. as of March 21, 2025

Bipartisan Support of Bill HR 2277

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Policy Area and Potential Impact of Bill HR 2277

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Alternate Title(s) of Bill HR 2277

FACT ActFACT ActFederal Accountability Committee for Transparency ActTo amend the CARES Act to extend the Pandemic Response Accountability Committee through December 31, 2026, and to change the name of such Committee to the Fraud Prevention and Accountability Committee, and for other purposes.

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