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STEP Act

1/2/2025, 8:57 PM

Summary of Bill S 2924

Bill 118 s 2924, also known as the Safeguarding the Transparency and Efficiency of Payments Act, aims to increase transparency and efficiency in the payment systems used by the US Congress. The bill requires all payments made by Congress to be disclosed to the public in a timely manner, including the purpose of the payment and the recipient. This information will be made available on a publicly accessible website for easy access by the American people.

Additionally, the bill seeks to streamline the payment process by implementing electronic payment systems and reducing the use of paper checks. This will not only save time and resources, but also reduce the risk of fraud and errors in the payment system.

Overall, the Safeguarding the Transparency and Efficiency of Payments Act is designed to promote accountability and efficiency in the way Congress handles payments. By increasing transparency and streamlining the payment process, the bill aims to ensure that taxpayer dollars are being used responsibly and effectively.

Current Status of Bill S 2924

Bill S 2924 is currently in the status of Bill Introduced since September 26, 2023. Bill S 2924 was introduced during Congress 118 and was introduced to the Senate on September 26, 2023.  Bill S 2924's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 694. as of December 12, 2024

Bipartisan Support of Bill S 2924

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
0
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2924

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill S 2924

Safeguarding the Transparency and Efficiency of Payments Act
A bill to amend title 31, United States Code, to improve the management of improper payments, and for other purposes.
Safeguarding the Transparency and Efficiency of Payments Act

Comments

Vicente Pate profile image

Vicente Pate

331

1 year ago

Hey y'all, I was reading about this new bill, and I gotta say, I'm not too sure about it. I mean, this bill, it's supposed to be about transparency and efficiency of payments, but I'm not sure how it's gonna affect me personally. Can someone explain the big picture here? #confused #transparency #efficiency

Serena Gilliam profile image

Serena Gilliam

419

11 months ago

I can't believe they're trying to pass this bill, it's just not right. How does it even benefit us? Who's really benefiting from this?