Congresswoman Mazie K. Hirono (D-Hawaii) today voted in favor of H.R. 2146, the Digital Accountability and Transparency Act (DATA Act). This legislation is intended to help taxpayers better understand how the federal government spends money by building on the transparency and accountability measures enacted in recent years. H.R. 2146 passed the House by a voice vote.
"The people of Hawaii and across the country deserve to know how their hard-earned dollars are being spent. This bipartisan bill will provide the public with easier, better access to that important financial information," said Congresswoman Hirono. "By establishing an independent commission charged with consolidating and standardizing financial reports, the DATA Act builds upon improvements to transparency and accountability that were included in the Recovery Act. I hope that the Senate will act quickly on this bipartisan legislation and send it to President Obama for his signature."
Modeled after the reporting requirements included in the American Recovery and Reinvestment Act, the Federal Accountability and Spending Transparency Commission created by the DATA Act will help monitor federal spending and share this information. The DATA Act requires federal agencies to follow government-wide standards for reporting spending data. The bill also requires recipients of federal grants and contracts to publically account for how money is spent and identify all sub-awards.
The measure now goes before the U.S. Senate.