II 

118TH CONGRESS 

2D SESSION S. 5507 

To expand reporting on subcontracts and subgrants made under Federal 

awards, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

DECEMBER 12, 2024 

Mr. BOOKER introduced the following bill; which was read twice and referred 

to the Committee on Homeland Security and Governmental Affairs 

A BILL 

To expand reporting on subcontracts and subgrants made 

under Federal awards, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Increasing Trans5 parency and Accountability in Federal Spending Act’’. 

6 SEC. 2. EXPAND REPORTING ON SUBCONTRACTS AND SUB7 AWARDS. 

8 (a) IN GENERAL.—Section 2 of the Federal Funding 

9 Accountability and Transparency Act of 2006 (31 U.S.C. 

10 6101 note) is amended— 


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1 (1) in subsection (b)— 

2 (A) in paragraph (1)— 

3 (i) in the matter preceding subpara4 graph (A), by striking ‘‘Not later than 

5 January 1, 2008, the’’ and inserting 

6 ‘‘The’’; 

7 (ii) in subparagraph (F)(ii), by strik8 ing the period at the end and inserting a 

9 semicolon; 

10 (iii) by redesignating subparagraph 

11 (G) as subparagraph (H); and 

12 (iv) by inserting after subparagraph 

13 (F) the following: 

14 ‘‘(G) the race, ethnicity, veteran status, 

15 and sex of the 5 most highly compensated offi16 cers of the entity; and’’; and 

17 (B) in paragraph (2)— 

18 (i) by striking ‘‘The website’’ and in19 serting the following: 

20 ‘‘(A) IN GENERAL.—Except as provided in 

21 subparagraph (B), the website’’; and 

22 (ii) by adding at the end the fol23 lowing: 

24 ‘‘(B) PRIME AND SUBAWARD INFORMA25 TION.—With respect to the information deVerDate Sep 11 2014 01:16 Jan 18, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S5507.IS S5507

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1 scribed in paragraph (1)(G), the website shall 

2 include data for each fiscal year beginning after 

3 the date of the enactment of this subpara4 graph.’’; and 

5 (2) in subsection (g)(2)— 

6 (A) in subparagraph (B), by striking ‘‘; 

7 and’’ and inserting a semicolon; 

8 (B) in subparagraph (C), by striking the 

9 period at the end and inserting ‘‘; and’’; and 

10 (C) by adding at the end the following: 

11 ‘‘(D) the dollar amount of each sub12 contract and subgrant awarded under a Federal 

13 award with respect to which subsection (b)(1) 

14 applies by the recipient of such Federal award 

15 pursuant to a Federal law or regulation.’’. 

16 (b) WEBSITE UPDATE DEADLINE.—The Office of 

17 Management and Budget shall comply with the require18 ments under section 2(b)(1) of the Federal Funding Ac19 countability and Transparency Act of 2006 (31 U.S.C. 

20 6101 note), as amended by this section, not later than 

21 180 days after the date of enactment of this Act. 

22 SEC. 3. FEDERAL ACQUISITION REGULATION REVISIONS. 

23 The Federal Acquisition Regulatory Council estab24 lished under section 1302(a) of title 41, United States 

25 Code, shall consider and evaluate public comments on any 


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1 regulations proposed pursuant to the amendments made 

2 by section 2 of this Act and promptly issue a final rule, 

3 if appropriate and consistent with applicable law. 

Æ 


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