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S1160119th CongressWALLET

LEDGER Act

Sponsored By: Senator Scott, Rick [R-FL]

Introduced

Summary

Requires Treasury to trace every federal disbursement and the period funds are available. The bill would require the Department of the Treasury to implement, within 180 days of enactment, a government-wide system that traces all outlays from each appropriation, receipt, or other fund account by every department, agency, office, or establishment in the executive, legislative, and judicial branches, includes disbursements subject to section 3325, and adds new 31 U.S.C. 3517 to codify the requirement.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Treasury trace of all federal payments

This bill would require the Treasury to build a system within 180 days to trace all federal outlays. The system would track payments from every Treasury appropriation, receipt, or fund account. It would cover disbursements by agencies in the executive, legislative, and judicial branches and include items subject to section 3325. The system would also record the period when each amount is available to be spent.

Sponsors & CoSponsors

Sponsor

Scott, Rick [R-FL]

FL • R

Cosponsors

  • Sen. Marshall, Roger [R-KS]

    KS • R

    Sponsored 3/26/2025

Roll Call Votes

No roll call votes available for this bill.

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