Bill · S. 1160· Senate(119-S-1160)
LEDGER Act
- Introduced
- 3/26/2025
- Last activity
- 3/26/2025 — Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Sponsored by
- Rick Scott
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The LEDGER Act aims to ensure the federal government's spending is properly tracked. It requires the Secretary of the Treasury to implement a new system within 180 days of enactment. This system must track all outlays from every appropriation, receipt, or fund account. The tracking covers all departments, agencies, offices, or establishments across the executive, legislative, and judicial branches. Additionally, the system must track how long the funds in those accounts remain available.
Yes
Does this make what the government does easier for the public to see?+7
The bill directly enhances transparency by mandating a system to track all federal government expenditures and their availability.
Does this make the government pay for what it commits to?+5
The bill increases fiscal responsibility by mandating detailed tracking and traceability of all government outlays.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Transparency of Government Spending: The bill requires a system to track all outlays from every fund account across all branches of government, which provides a way to monitor how money is being used (Section 2(a)).
-
Detailed Financial Tracking: By tracking the period of availability for amounts in appropriations or receipts, the system provides specific details on the timing of fund usage (Section 2(a)).
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+7
- Economy And Finance
- Improves Fiscal Responsibility+5
- 3/26/2025
- Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Roger MarshallRepublican · Kansas