H.R. 1937 · 117th Congress
COST Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
NormanSponsor12 cosponsors · 12 R
R
Calvert
PG
R
Gosar
MG
R
Gaetz
JL
R
LaTurner
NM
R
Mace
LM
R
McClain
PS
R
Sessions
WT
R
Timmons
RW
R
Weber
TB
R
Budd
FK
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Keller
JR
R
Rutherford9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Cost Openness and Spending Transparency Act of 2021 or the COST Act
What it does: CRS summary · Introduced in House · Mar 16, 2021
Cost Openness and Spending Transparency Act of 2021 or the COST Act
This bill requires recipients of federal funds to disclose financing information relating to programs, projects, or activities carried out using such funds.
Specifically, such a recipient (including a state or local government or a recipient of a federal research grant) must clearly state in any press release, request for proposal, bid solicitation, or other document describing the activity the amount and percentage of federal funding and the amount and percentage of nongovernmental funding.
If the Office of Management and Budget determines that a recipient is failing to comply, it may direct each agency providing federal funds to withhold up to 25% of the funds until the recipient complies.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: COST Act of 2021
Also known as: Cost Openness and Spending Transparency Act of 2021
Latest action (Mar 16, 2021): Referred to the House Committee on Oversight and Reform.
Policy area: Economics and Public Finance · Origin: House · Introduced: Mar 16, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.