Federal Funding Accountability and Transparency Act of 2006

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The Federal Funding Accountability and Transparency Act of 2006 is a U.S. law that mandates public online disclosure of federal spending to improve government transparency and accountability.

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Statements (48)

Predicate Object
instanceOf United States federal statute
transparency law
appliesTo federal agencies
recipients of federal funds
congressNumber 109th United States Congress NERFINISHED
country United States of America
surface form: United States
covers federal contract awards
federal grant awards
federal loan awards
federal other forms of financial assistance
created USAspending.gov NERFINISHED
enactedBy United States Congress
goal allow the public to track federal spending
reduce waste fraud and abuse in federal programs
implementedBy Office of Management and Budget NERFINISHED
United States Department of the Treasury NERFINISHED
influenced later open data and transparency initiatives in U.S. federal government
legislativeChamber United States House of Representatives
United States Senate
primaryPurpose improve transparency of federal spending
increase accountability in the use of federal funds
publicLawNumber Public Law 109-282 NERFINISHED
relatedTo Digital Accountability and Transparency Act of 2014 NERFINISHED
requires creation of a searchable website for federal awards
disclosure of information on federal contracts
disclosure of information on federal grants
disclosure of information on federal loans
disclosure of information on federal other financial assistance
public online disclosure of federal spending information
requiresDisclosureOf amount of federal funds received
award title or description
funding agency
location of the entity receiving funds
name of entity receiving federal funds
program source
shortName FFATA NERFINISHED
signedBy George W. Bush
signingDate 2006-09-26
sponsors Barack Obama NERFINISHED
John McCain NERFINISHED
Tom Carper NERFINISHED
Tom Coburn NERFINISHED
status enacted
subjectMatter federal budget and spending
government transparency
public access to information
websiteName USAspending.gov NERFINISHED
websiteType searchable public database of federal awards

Referenced by (1)

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FSRS relatedToLaw Federal Funding Accountability and Transparency Act of 2006