S. 3926 proposes amendments to the Federal Funding Accountability and Transparency Act of 2006, aiming to enhance transparency by requiring that "other transaction agreements" be reported on the website USAspending.gov. The bill mandates the creation of unique identifiers for...
Simple Explanation
The bill wants to make sure that when the government makes special types of deals, called "other transaction agreements," they tell everyone by putting the information on a website where people can see how money is being spent. It also wants them to keep track of all these deals with unique numbers and write reports if something doesn’t show up online.