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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 concept of open government is broad in scope but is most often connected to ideas of government transparency, participation and accountability. Transparency is defined as the visibility and inferability of information, [4] accountability as answerability and enforceability, [5] and participation is often graded along the "ladder of citizen ...
New transparency for lobbyist political donations, bundling and other financial contributions Requires disclosure to the Federal Election Commission when lobbyists bundle over $15,000 semiannually in campaign contributions for any federal elected official, candidate (including Senate, House and Presidential), or leadership PAC.
Fiscal transparency includes public reporting on the past, present, and future state of public finances. Fiscal policies have critical impacts on economic, social and environmental outcomes in all countries at all levels of development. Fiscal transparency is sometimes used synonymously with budget transparency.
Government reorganizations and operations, including transparency, performance, grants management, and accounting measures generally; The relationship between the federal government to the states and municipalities, including unfunded mandates
According to the Data Transparency Coalition, the Digital Accountability and Transparency Act of 2013 "will standardize and publish the U.S. government's wide variety of reports and data compilations related to financial management, procurement, and assistance. Better transparency, more effective federal management, and cheaper compliance will ...
Digital Accountability and Transparency Act of 2014; Long title: To expand the Federal Funding Accountability and Transparency Act of 2006 to increase accountability and transparency in Federal spending, and for other purposes. Announced in: the 113th United States Congress: Sponsored by: Sen. Mark R. Warner (D, VA) Number of co-sponsors: 1 ...
"Accountability" derives from the late Latin accomptare (to account), a prefixed form of computare (to calculate), which in turn is derived from putare (to reckon). [6] While the word itself does not appear in English until its use in 13th century Norman England, [7] the concept of account-giving has ancient roots in record-keeping activities related to governance and money-lending systems ...