Government agencies would share payment details and verify bank accounts to prevent wasteful spending.
This bill would make federal agencies provide more details about how they spend money, making it easier for the public to see where funds go. It would also give the Treasury Department more access to various personal data sources to help stop incorrect or fraudulent government payments. This aims to improve how the government tracks and manages its spending.
Today, federal agencies disburse funds without a clear legal requirement to provide detailed purpose, account, and activity information for every payment, and this data isn't mandated for public reporting. The Treasury Department and other agencies also have limited access to data sources like the National Directory of New Hires, consumer reports, tax information, and Social Security data to prevent improper payments. If this bill passes, federal agencies would be required to provide detailed payment information to the Treasury Department for nearly all disbursements, and most of this data would be made public within 30 days of payment approval. The Treasury Department would also gain expanded access to various personal data sources to identify, prevent, and recover improper payments, and agencies would need to verify bank accounts before making payments.
HR 4311 · 119th Congress · July 10, 2025 · AI Summary by gemini-2.5-flash · 9/10
Sign in to see your representatives' phone numbers