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FADS Act

12/31/2022, 5:04 AM

Summary of Bill HR 4873

Bill 117 HR 4873, also known as the FADS Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of frivolous and unnecessary government spending, also known as "FADS" or "Fiscally Irresponsible Expenditures."

The FADS Act aims to increase transparency and accountability in government spending by requiring all federal agencies to regularly report on their expenditures and justify any expenses that may be deemed frivolous or unnecessary. This will help ensure that taxpayer dollars are being used efficiently and effectively.

Additionally, the FADS Act includes provisions for the establishment of a bipartisan oversight committee that will review government spending and make recommendations for cost-saving measures. This committee will work to identify areas where wasteful spending can be reduced or eliminated, ultimately saving taxpayers money. Overall, the FADS Act is a bipartisan effort to promote responsible government spending and ensure that taxpayer dollars are being used wisely. By increasing transparency and accountability in government expenditures, this bill aims to reduce wasteful spending and promote fiscal responsibility.

Congressional Summary of HR 4873

Foreign Americium Disposal and Storage Act or the FADS Act

This bill authorizes the collection, storage, and safe disposal of certain foreign-origin, proliferation-attractive fissile materials or radiological materials (or similar foreign-origin materials) at the Waste Isolation Pilot Plant, which is the United States' only repository for the disposal of transuranic nuclear waste.

Current Status of Bill HR 4873

Bill HR 4873 is currently in the status of Bill Introduced since July 30, 2021. Bill HR 4873 was introduced during Congress 117 and was introduced to the House on July 30, 2021.  Bill HR 4873's most recent activity was Referred to the Subcommittee on Europe, Energy, the Environment and Cyber. as of August 4, 2021

Bipartisan Support of Bill HR 4873

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
0
Republican Cosponsors
8
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4873

Primary Policy Focus

International Affairs

Potential Impact Areas

- New Mexico
- Nuclear weapons
- Radioactive wastes and releases

Alternate Title(s) of Bill HR 4873

To clarify the authority of the Department of Energy to dispose of certain foreign-origin fissile or radiological materials at the Waste Isolation Pilot Plant.
FADS Act
FADS Act
Foreign Americium Disposal and Storage Act

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