[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 2590 Introduced in Senate (IS)]








109th CONGRESS
  2d Session
                                S. 2590

To require full disclosure of all entities and organizations receiving 
                             Federal funds


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 6, 2006

    Mr. Coburn (for himself, Mr. Obama, Mr. Carper, and Mr. McCain) 
introduced the following bill; which was read twice and referred to the 
        Committee on Homeland Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
To require full disclosure of all entities and organizations receiving 
                             Federal funds

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Federal Funding Accountability and 
Transparency Act of 2006''.

SEC. 2. FULL DISCLOSURE OF ENTITIES RECEIVING FEDERAL FUNDING.

    (a) In General.--
            (1) Website.--Effective beginning January 1, 2007 and 
        subject to paragraphs (2) and (3), the Office of Management and 
        Budget shall ensure the existence and operation of a single 
        updated searchable database website accessible by the public at 
        no cost that includes for each entity receiving Federal 
        funding--
                    (A) the name of the entity;
                    (B) the amount of any Federal funds that the entity 
                has received in each of the last 10 fiscal years;
                    (C) an itemized breakdown of each transaction, 
                including funding agency, program source, and a 
                description of the purpose of each funding action;
                    (D) the location of the entity and primary location 
                of performance, including the city, State, 
                congressional district, and country;
                    (E) a unique identifier for each such entity and 
                parent entity, should the entity be owned by another 
                entity; and
                    (F) any other relevant information.
            (2) Initial data.--Effective January 1, 2007, the website 
        shall include data for fiscal years 2006 and 2007.
            (3) Previous fiscal years.--Not later than January 1, 2009, 
        information required by this section shall be posted on the 
        website for fiscal years 1999 through 2005.
    (b) Definitions.--In this section:
            (1) Entity.--The term ``entity''--
                    (A) includes--
                            (i) a corporation;
                            (ii) an association;
                            (iii) a partnership;
                            (iv) a limited liability company;
                            (v) a limited liability partnership;
                            (vi) any other legal business entity;
                            (vii) grantees, contractors, and, on and 
                        after October 1, 2007, subgrantees and 
                        subcontractors; and
                            (viii) any State or locality; and
                    (B) does not include--
                            (i) an individual recipient of Federal 
                        assistance;
                            (ii) a Federal employee; or
                            (iii) a grant or contract of a nature that 
                        could be reasonably expected to cause damage to 
                        national security.
            (2) Federal funding.--The term ``federal funding''--
                    (A) means Federal financial assistance and 
                expenditures that include grants, contracts, subgrants, 
                subcontracts, loans, awards and other forms of 
                financial assistance; and
                    (B) does not include credit card transactions or 
                minor purchases.
            (3) Searchable database website.--The term ``searchable 
        database website'' means a website that allows the public to--
                    (A) search Federal funding by name of entity, 
                parent entity, or type of industry, geography, 
                including location of the entity and the primary 
                location of the performance, amounts and types of 
                federal funding, program sources, type of activity 
                being performed, time factors such as fiscal years or 
                multiple fiscal years, and other relevant information; 
                and
                    (B) download data included in subparagraph (A) 
                including outcomes from searches.
    (c) Website.--The database website established by this section--
            (1) shall not be considered in compliance if it links to 
        FPDS, Grants.gov or other existing websites and databases, 
        unless each of those sites has information from all agencies 
        and each category of information required to be itemized can be 
        searched electronically by field in a single search;
            (2) shall provide an opportunity for the public to provide 
        input about the utility of the site and recommendations for 
        improvements; and
            (3) shall be updated not later than 30 days after the award 
        of any assistance requiring a posting.
    (d) Agency Responsibilities.--The Director of OMB shall provide 
guidance to agency heads to ensure compliance with this section.
    (e) Report.--The Director of OMB shall annually report to the 
Senate Committee on Homeland Security and Government Affairs and the 
House Committee on Government Reform on implementation of the website 
that shall include data about the usage and public feedback on the 
utility of the site, including recommendations for improvements. The 
annual report shall be made publicly available on the website.
                                 <all>