“The reporting process is littered with outdated reporting methods that hinder the effectiveness of fellows and transparency for taxpayers,” Foxx said in a December 17 statement. “Now that the bill has been sent to President Trump`s office, the GREAT Act will bring federal subsidies coverage into the 21st century with open documents and data. In accordance with the 2019 Act, the Office of Management and Budget will work with the department that provides the most federal grants each year to set government standards for information provided by recipients and to establish guidelines for other agencies on the application of these standards. At the Data Foundation`s Data Transparency 2017 on September 26, 2017, Congressman Virginia Foxx (NC-5-R) announced that she would pass legislation to establish a government open data structure for all federal grant reports. Look at your full remarks above. This bill imposes the definition and use of data standards for information reported by federal grant recipients. Modernized reports on federal grants and other purposes. The Coalition to Reduce Spending supports the adoption of the Grant Efficiency and Agreements Transparency Act (GREAT), which would require the federal government to adopt a non-proprietary identification code for all recipients of federal grants and other awards. This would allow stakeholders to identify and stop fraud and abuse in federal programs. President Donald Trump signed a law on December 30 ordering federal authorities to modernize data on financial aid notification. Recipients of federal grants include school districts, firefighters, police stations, hospitals, food banks, homeless shelters, training centres, water treatment facilities, and many other public and public services.

If the application of data standards is fully implemented in the GREAT Act, it will help to provide decision makers with important information on the performance of fellows and ensure that recipients can spend less time communicating information and spend more time providing services that benefit society. Supporters say the bill would increase and improve transparency… Andrew Eversden is a federal head of computer science and cybersecurity for the Federal Times and The Fifth Domain. Previously, he worked as a journalist for the Texas Tribune and the Durango Herald. Andrew is a graduate of American University. The bill requires the Office of Management and Budget to establish government-wide data standards for information reported by Denern, (2) guidelines that direct federal authorities to apply these standards, and (3) to the publication of recipient data collected by all agencies on a single public website. H.R. 150 / p. 1829, the Grant Reporting Efficiency and Agreements Transparency (GREAT) Act is a law designed to simplify and harmonize the reporting obligations of the recipient of the federal allowance. The bill is based on the results of a successful pilot project approved by the 2014 DATA Act. In practical terms, it would require the creation of a comprehensive and standardized data structure covering all data items reported by federal premium recipients, including grants and cooperation agreements. The legislation would entrust the implementation of the Director of the Office of Management and Budget (OMB).

In a press release, when the law was passed, lawmakers increased transparency, reduced compliance costs and improved oversight will facilitate great law. “These federal dollars affect almost every aspect of U.S. society and underscore the need to streamline the financial aid information process and make it as transparent as possible to the public.