Federal Funding Accountability and Transparency Act of 2006

Federal Funding Accountability and Transparency Act of 2006
Long title	A bill to require full disclosure of all entities and organizations receiving Federal funds.
Acronyms (colloquial)	Federal Funding Accountability and Transparency Act of 2006
Enacted by	the 109th United States Congress
Citations
Public law	Pub. L.Tooltip Public Law (United States) 109–282 (text) (PDF)
Statutes at Large	120 Stat. 1186
Legislative history
	Introduced in the Senate as S. 2590 by Tom Coburn (R–OK), Barack Obama (D–IL), Tom Carper (D–DE), and John McCain (R–AZ) on April 6, 2006; Committee consideration by Committee on Homeland Security and Governmental Affairs; Subcommittee on Federal Financial Management, Government Information, and International Security; Passed the Senate on September 6, 2006 (Unanimously approved); Passed the House on September 13, 2006 (Voice); Signed into law by President George W. Bush on September 26, 2006;

The Federal Funding Accountability and Transparency Act of 2006 (S. 2590)^[2] is an Act of Congress that requires the full disclosure to the public of all entities or organizations receiving federal funds beginning in fiscal year (FY) 2007. The website USAspending.gov opened in December 2007 as a result of the act, and is maintained by the Office of Management and Budget. The Congressional Budget Office estimates S. 2590 will cost $15 million over its authorized time period of 2007–2011.^[3]

The bill was introduced by Senator Tom Coburn, for himself and Senators Barack Obama, Tom Carper and John McCain on April 6, 2006.^[1] After two "secret holds" placed by Senators Ted Stevens, a Republican, and Robert Byrd, a Democrat were revealed and removed,^[4]^[5] it was passed unanimously in the Senate on September 6, 2006, and by the House on September 13, 2006. The bill was signed into law by President George W. Bush on September 26, 2006.^[6]

On June 3, 2008, Senator Obama, along with Senators Carper, Coburn and McCain, introduced follow-up legislation: Strengthening Transparency and Accountability in Federal Spending Act of 2008.^[7]

^ ^a ^b "S. 2590" (PDF). Congressional Record: S3239. April 6, 2006.
^ "Federal Funding Accountability and Transparency Act of 2006 (S. 2590) Summary". THOMAS.gov. Retrieved August 29, 2006.
^ "Congressional Budget Office Cost Estimate S. 2590". Congressional Budget Office. August 9, 2006. Retrieved September 1, 2006.
^ Koppel, Andrea; Barrett, Ted; Tatton, Abbi (August 30, 2006). "Sen. Stevens is 'the secret senator'". CNN. Retrieved August 30, 2006.
^ Carr, Rebecca. "Byrd Admits He Placed A Hold, Now Lifts It". Palm Beach Post (Blog). West Palm Beach, Florida: Gatehouse Media. Archived from the original on September 3, 2006. Retrieved August 31, 2006.
^ "President Bush Signs Federal Funding Accountability and Transparency Act" (Press release). The White House. September 26, 2006.
^ S. 3077: Strengthening Transparency and Accountability in Federal Spending Act of 2008, Govtrack.us, 2007–2008 (110th Congress).

[s2590introduced-1] "S. 2590" (PDF). Congressional Record: S3239. April 6, 2006.

[s2590summary-2] "Federal Funding Accountability and Transparency Act of 2006 (S. 2590) Summary". THOMAS.gov. Retrieved August 29, 2006.

[3] "Congressional Budget Office Cost Estimate S. 2590". Congressional Budget Office. August 9, 2006. Retrieved September 1, 2006.

[cnn0830-4] Koppel, Andrea; Barrett, Ted; Tatton, Abbi (August 30, 2006). "Sen. Stevens is 'the secret senator'". CNN. Retrieved August 30, 2006.

[byrdhold-5] Carr, Rebecca. "Byrd Admits He Placed A Hold, Now Lifts It". Palm Beach Post (Blog). West Palm Beach, Florida: Gatehouse Media. Archived from the original on September 3, 2006. Retrieved August 31, 2006.

[6] "President Bush Signs Federal Funding Accountability and Transparency Act" (Press release). The White House. September 26, 2006.

[7] S. 3077: Strengthening Transparency and Accountability in Federal Spending Act of 2008, Govtrack.us, 2007–2008 (110th Congress).

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