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Transparency in COVID–19 Expenditures Act
12/15/2023, 3:53 PM
Summary of Bill HR 348
The Transparency in COVID-19 Expenditures Act, also known as Bill 118 HR 348, is a piece of legislation introduced in the United States Congress. The main purpose of this bill is to increase transparency and accountability in the use of funds related to the COVID-19 pandemic.
The bill requires federal agencies that receive funding for COVID-19 relief efforts to report detailed information on how the funds are being spent. This includes information on contracts, grants, loans, and other forms of financial assistance provided by the government in response to the pandemic.
Additionally, the bill requires the creation of a publicly accessible website where this information will be posted in a timely manner. This website will allow the public to easily track how COVID-19 relief funds are being used and ensure that the money is being spent efficiently and effectively. Overall, the Transparency in COVID-19 Expenditures Act aims to promote transparency and accountability in the use of funds related to the COVID-19 pandemic, providing the public with important information on how taxpayer dollars are being utilized during this critical time.
The bill requires federal agencies that receive funding for COVID-19 relief efforts to report detailed information on how the funds are being spent. This includes information on contracts, grants, loans, and other forms of financial assistance provided by the government in response to the pandemic.
Additionally, the bill requires the creation of a publicly accessible website where this information will be posted in a timely manner. This website will allow the public to easily track how COVID-19 relief funds are being used and ensure that the money is being spent efficiently and effectively. Overall, the Transparency in COVID-19 Expenditures Act aims to promote transparency and accountability in the use of funds related to the COVID-19 pandemic, providing the public with important information on how taxpayer dollars are being utilized during this critical time.
Congressional Summary of HR 348
Transparency in COVID-19 Expenditures Act
This bill requires the Government Accountability Office (GAO) to audit certain funding that was provided to address COVID-19.
Specifically, the GAO must audit and report on the use of funding provided by
- the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020;
- the Families First Coronavirus Response Act;
- the Coronavirus Aid, Relief, and Economic Security Act (CARES Act);
- the Paycheck Protection Program and Health Care Enhancement Act;
- Divisions M and N of the Consolidated Appropriations Act, 2021; and
- the American Rescue Plan Act of 2021.
Read the Full Bill
Current Status of Bill HR 348
Bill HR 348 is currently in the status of Bill Introduced since January 12, 2023. Bill HR 348 was introduced during Congress 118 and was introduced to the House on January 12, 2023. Bill HR 348's most recent activity was Referred to the House Committee on Oversight and Accountability. as of January 12, 2023
Bipartisan Support of Bill HR 348
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
8Democrat Cosponsors
0Republican Cosponsors
8Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 348
Primary Policy Focus
Government Operations and PoliticsPotential Impact Areas
- Accounting and auditing
- Appropriations
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Government lending and loan guarantees
- Government studies and investigations
- Health programs administration and funding
- Infectious and parasitic diseases
- Small business
- State and local finance
- State and local government operations
- Unemployment
Alternate Title(s) of Bill HR 348
Transparency in COVID–19 Expenditures Act
Transparency in COVID–19 Expenditures Act
To require an audit of COVID-19 relief funding.
Comments
Sponsors and Cosponsors of HR 348
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