Bill Details

S.1160 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-03-26 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced Date
2025-03-26
Policy Area
Economics and Public Finance
8
0

Official Summaries

Locating Every Disbursement in Government Expenditure Records Act or the LEDGER Act

This bill requires the Department of the Treasury to implement a system that tracks all outlays from each appropriation, receipt, or other fund account in the Treasury by each department, agency, office, or other establishment in the executive, legislative, or judicial branches of the federal government. The system must also track the period of availability of the amounts in the applicable appropriation, receipt, or other fund account.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1160 Introduced in Senate (IS)]

<DOC>






119th CONGRESS
  1st Session
                                S. 1160

   To require adequate traceability for expenditures by the Federal 
                              Government.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 26, 2025

  Mr. Scott of Florida (for himself and Mr. Marshall) introduced the 
 following bill; which was read twice and referred to the Committee on 
               Homeland Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
   To require adequate traceability for expenditures by the Federal 
                              Government.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Locating Every Disbursement in 
Government Expenditure Records Act'' or the ``LEDGER Act''.

SEC. 2. TRACEABILITY OF EXPENDITURES.

    (a) In General.--Subchapter II of chapter 35 of title 31, United 
States Code, is amended by adding at the end the following:
``Sec. 3517. Traceability of expenditures
    ``Not later than 180 days after the date of enactment of this 
section, the Secretary of the Treasury shall implement a system that 
tracks all outlays from each appropriation, receipt, or other fund 
account in the Treasury by each department, agency, office, or other 
establishment in the executive, legislative, or judicial branch of the 
United States Government, including disbursements subject to the 
requirements under section 3325, which shall include tracking the 
period of availability of the amounts in the applicable appropriation, 
receipt, or other fund account.''.
    (b) Conforming Amendment.--The table of sections for chapter 35 of 
title 31, United States Code, is amended by inserting after the item 
relating to section 3516 the following:

``3517. Traceability of expenditures.''.
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