# 119-s-2484: NeighborWorks Accountability Act

119-s-2484, NeighborWorks Accountability Act, is a 119th Congress bill sponsored by Sen. Hagerty, Bill [R-TN] (R-TN); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-2484
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2484
- Congress: 119
- Title: NeighborWorks Accountability Act
- Status: introduced
- Introduced: 2025-07-28
- Sponsor: Sen. Hagerty, Bill [R-TN] (R-TN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**This bill would add the Neighborhood Reinvestment Corporation to agencies with an **Office of Inspector General**.** It would authorize funding for that office, bar transferring the corporation's program-operating duties to it, and require annual external audits by certified public accountants under generally accepted auditing standards. - The corporation: The agency would get an independent inspector general to oversee investigations and improve accountability. Funding is authorized as "such sums as may be necessary" to run the office. - Grantees and program staff: The bill would prevent moving core program responsibilities to the inspector general, specifically protecting organizational assessments and grantee oversight from transfer. - Financial oversight and auditors: The corporation would face annual external audits performed by independent certified public accountants in accordance with generally accepted auditing standards.

## Provisions PRIA read

- Inspector General for NeighborWorks: benefit, low. If enacted, this bill would add the Neighborhood Reinvestment Corporation to the list of agencies that get an Office of Inspector General. Congress would be allowed to provide "such sums as may be necessary" to fund that Office. The corporation would have yearly external audits by independent certi…

## Related bills

- 119-s-3290: Financial Services and General Government Appropriations Act, 2026
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act
- 119-s-5252: BLADE Act
- 119-s-292: Educational Choice for Children Act of 2025
- 119-s-394: GENIUS Act of 2025

## Sources
- [119-s-2484 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2484)

## Related
- [119-s-3290: Financial Services and General Government Appropriations Act, 2026](https://policyrisk.com/legislation/119-s-3290)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-5252: BLADE Act](https://policyrisk.com/legislation/119-s-5252)
- [119-s-292: Educational Choice for Children Act of 2025](https://policyrisk.com/legislation/119-s-292)
- [119-s-394: GENIUS Act of 2025](https://policyrisk.com/legislation/119-s-394)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2484 (as of 2025-12-21).