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H.R. 3928 · 110th Congress

Government Funding Transparency Act of 2008

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 110th Congress ended.

CMD MurphySponsor
17 cosponsors · 16 D, 1 R
  1. House Introduced Oct 23, 2007
  2. House Passed Apr 23, 2008

Government Funding Transparency Act of 2008 - Amends the Federal Funding Accountability and Transparency Act to require the Office of Management and Budget (OMB) to ensure that the federal awards website includes for each federal award of assistance or expenditures of $25,000 or more the names and total compensation of the five most highly compensated…

What it does: CRS summary · Passed House amended · Apr 23, 2008

Government Funding Transparency Act of 2008 - Amends the Federal Funding Accountability and Transparency Act to require the Office of Management and Budget (OMB) to ensure that the federal awards website includes for each federal award of assistance or expenditures of $25,000 or more the names and total compensation of the five most highly compensated officers of the receiving entity if: (1) the entity in the preceding fiscal year received 80% or more of its annual gross revenues and $25 million or more in annual gross revenues from federal awards; and (2) the public does not have access to information about the compensation of the entity's senior executives through reports filed under the Securities Exchange Act of 1934 or the Internal Revenue Code.

Requires the Director of OMB to promulgate regulations to carry out this Act that include a definition of "total compensation" that is consistent with regulations of the Securities and Exchange Commission (SEC) concerning executive compensation.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Government Funding Transparency Act of 2008

Also known as: Government Contractor Accountability Act of 2007

Latest action (Apr 24, 2008): Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Policy area: Government Operations and Politics · Origin: House · Introduced: Oct 23, 2007

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. House Introduced Oct 23, 2007
  2. House Passed Apr 23, 2008

No recorded floor vote found.