Truth in Settlements Act of 2015

Bill 114 s 1109, also known as the Truth in Settlements Act of 2015, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to increase transparency and accountability in government settlements with corporations.

The bill requires federal agencies to disclose more information about settlements they reach with corporations, including details about the amount of the settlement, how the funds will be allocated, and any non-monetary provisions included in the settlement. This information must be made publicly available on the agency's website within 60 days of the settlement being finalized.

Additionally, the bill prohibits federal agencies from entering into settlements that include provisions preventing the disclosure of information related to the settlement. This is aimed at ensuring that the public has access to important information about government settlements with corporations. Overall, the Truth in Settlements Act of 2015 seeks to promote transparency and accountability in government settlements with corporations, providing the public with more information about how these settlements are reached and how the funds are used.