1.This Act may be cited as the
Website for American Taxpayers to
Check and Help Deter Out-of-control Government Spending
Act
or WATCHDOGS
Act
.
2.In this Act:
(1)The term agency means an
Executive agency as defined under section 105 of title 5, United States
Code.
(2)The term
contractor entity means any entity that receives Federal funds as
a general contractor or subcontractor at any tier in connection with a Federal
contract.
(3)The term covered
entity means any entity that receives Federal funds—
(A)through a grant or loan, except—
(i)a grant or loan under entitlement
authority; or
(ii)a loan designated by the Office of
Management and Budget under section 2(a)(3); or
(B)under a statutory provision that directly
references the entity receiving Federal funds, including any appropriations Act
(or related committee or conference report) that specifically identifies the
entity.
(4)The term
entitlement authority has the meaning given under section 3 of the
Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 622).
(5)The term entity—
(A)includes any State or local government;
and
(B)shall not include the Federal
Government.
3.
(a)Office of
management and budgetThe
Office of Management and Budget—
(1)shall issue a Federal funds application
number to each covered entity or contractor entity that applies for such
number, except that if more than 1 covered entity or contractor entity share a
single tax identification number, only 1 Federal funds application number shall
be issued for those covered entities or contractor entities;
(2)shall develop and establish an updated
searchable database website accessible to the public of the information
on—
(A)each covered entity required to be
submitted under subsection (b)(3), including links to other websites described
under subsection (b)(3); and
(B)each contractor entity required to be
submitted under subsection (c)(3);
(3)may promulgate regulations to designate
loan programs which are not covered by this Act if—
(A)the Federal funds under that program are
received only by individuals; and
(B)the agency administering the program
exercises minimal discretion in determining recipients other than the
application of specific criteria of eligibility; and
(4)after consultation with agencies,
promulgate regulations to provide exemptions for disclosures of information,
covered entities, and contractor entities in the interest of national defense
or national security.
(b)Requirements
for covered entitiesEach
covered entity shall—
(1)apply to the Office of Management and
Budget for a Federal funds application number;
(2)use the Federal funds application number in
any application or other document relating to the receipt of Federal funds;
and
(3)not later than 45 days before the end of
each fiscal year, file a report with the Office of Management and Budget that
includes—
(A)the dollar amount, of any Federal funds
received by the entity in the previous 5 years and the identification of such
amounts in each year, including an identification of the source of funds from
programs based on the Catalogue of Federal Assistance, if applicable;
(B)the entity's—
(i)primary office and any additional
offices;
(ii)the tax status; and
(iii)tax identification number;
(C)the full name, address, and social security
numbers of each officer and director of the entity;
(D)an overall annual financial disclosure
statement for the previous year (with specific amounts for total lobbying
expenses, travel expenses, rent, salaries, and decorating expenses);
(E)the full name, address, and social security
number of each employee making more than $50,000 each year in gross
income;
(F)any links to the website of the covered
entity providing additional information on that covered entity; and
(G)any other relevant information the Office
of Management and Budget may require.
(c)Requirements
for contractor entitiesEach
contractor entity shall—
(1)apply to the Office of Management and
Budget for a Federal funds application number;
(2)use the Federal funds application number in
any application or other document relating to the receipt of Federal funds;
and
(3)not later than 45 days before the end of
each fiscal year, file a report with the Office of Management and Budget that
includes—
(A)the dollar amount, of any Federal funds
received by the entity in the previous 5 years and the identification of such
amounts in each year, including an identification of the source of funds from
programs based on the Catalogue of Federal Assistance, if applicable;
and
(B)the entity's—
(i)primary office and any additional
offices;
(ii)the tax status; and
(iii)tax identification number.
(d)Each agency
shall—
(1)use the Federal funds application number
with respect to any document relating to a covered entity or contractor entity
receiving Federal funds, including applications, correspondence, contracts,
memoranda, proposals, agreements, and receipts; and
(2)make such information relating to covered
entities or contractor entities and such documents available to the Office of
Management and Budget as the Office may require.
(e)Application of
certain Federal laws to covered entities and contractor entities
(1)Notwithstanding any
other provision of law, the provisions of law described under paragraph (2)
shall apply to a covered entity or contractor entity to the greatest extent
practicable as though that covered entity or contractor entity is a Federal
agency, if 10 percent of the business expenditures or annual budget of a
covered entity or contractor entity is derived by or from Federal funds.
(2)The provisions of law
referred to under paragraph (1) are—
(A)section 552 of title 5, United States Code
(commonly referred to as the Freedom of Information Act); and
(B)subchapter I of chapter 57 of title 5,
United States Code (relating to travel and subsistence expenses and mileage
allowances).
(f)The Office of Management and Budget shall
promulgate regulations to carry out this Act.
(g)
(1)This Act shall take
effect on January 1, 2007.
(2)Subsection (f) shall take effect on the
date of enactment of this Act.