H.R. 7974 — To amend the Federal Funding Accountability and Transparency Act of 2006 to ensure real-time public access to Federal award information.

H.R. 7974 — To amend the Federal Funding Accountability and Transparency Act of 2006 to ensure real-time public access to Federal award information. | JustPolicyThe main purpose of this legislation is to improve transparency regarding federal funding by ensuring that the public has immediate access to information about federal awards. The objective is to make federal financial transactions more open and accessible, allowing citizens to stay informed about how taxpayer money is being spent. The key provision of this legislation changes the timeline for when federal award information must be made public. Previously, federal awards had to be posted within 30 days after they were granted.