Bill Sponsor
Senate Bill 807
116th Congress(2019-2020)
COST Act
Introduced
Introduced
Introduced in Senate on Mar 14, 2019
Overview
Text
Sponsor
Introduced
Mar 14, 2019
Latest Action
Mar 14, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
807
Congress
116
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
Sponsorship by Party
Republican
Iowa
Republican
Indiana
Republican
Kentucky
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Cost Openness and Spending Transparency Act of 2019 or the COST Act

This bill requires recipients of federal funds to disclose financing information relating to programs, projects, or activities carried out using such funds.

Specifically, such a recipient (including a state or local government or a recipient of a federal research grant) must clearly state in any press release, request for proposal, bid solicitation, or other document describing the activity the amount and percentage of federal funding and the amount and percentage of nongovernmental funding.

If the Office of Management and Budget determines that a recipient is failing to comply, it may direct each agency providing federal funds to withhold up to 25% of the funds until the recipient complies.

Text (1)
March 14, 2019
Actions (2)
03/14/2019
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
03/14/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 6:02:33 PM