Settlement Agreement Information Database Act of 2018

Bill 115 hr 6777, also known as the Settlement Agreement Information Database Act of 2018, aims to create a centralized database that will contain information on settlement agreements entered into by federal agencies. The purpose of this database is to increase transparency and accountability in the federal government by making information on settlement agreements easily accessible to the public.

The bill requires federal agencies to submit information on settlement agreements to the database, including the names of the parties involved, the amount of the settlement, and a description of the claims or allegations that led to the settlement. The database will be maintained by the General Services Administration and will be accessible to the public through a website.

Proponents of the bill argue that it will help prevent federal agencies from entering into costly or inappropriate settlement agreements by providing greater oversight and accountability. Critics, however, have raised concerns about the potential burden on federal agencies in complying with the reporting requirements and the potential for sensitive information to be disclosed. Overall, the Settlement Agreement Information Database Act of 2018 seeks to promote transparency and accountability in the federal government by creating a centralized database of settlement agreements. The bill has garnered bipartisan support and is currently under consideration in Congress.