COST Act

This bill would require federal agencies, and any person, business, research grant recipient, or state or local government running a program paid for in whole or in part with federal money, to state cost details in press releases, bid requests, and other documents describing the program. These documents would have to list the percentage and dollar amount of federal funding and the percentage and dollar amount paid by nongovernmental sources. Messages of 280 characters or fewer are exempt from this requirement. Recipients would have to certify compliance in their progress reports, and the Office of Management and Budget would review a random sample of communications each year, publish the results, and create a way for the public to anonymously report noncompliant communications.

Full text and official record on Congress.gov

Sponsors

• Joni Ernst Republican sponsor
• 4 cosponsors