Number: RL33680
Title: The Federal Funding Accountability and Transparency Act: Background, Overview, and Implementation Issues
Authors: Garrett Leigh Hatch, Government and Finance Division 
Abstract: This report initially discusses the background of S. 2590, noting in particular how it compared to similar legislation in the House of Representatives. It then discusses the Federal Funding Accountability and Transparency Act's provisions, noting what types of assistance are to be part of the new database, the primary sources of the data, and deadlines for implementation. Finally, the report identifies and discusses issues that have been raised regarding the act that might affect its implementation, and that therefore might prove to be areas for future congressional oversight.
Pages: 13
Date: January 31, 2008