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S.1160 · 119TH CONGRESS

LEDGER Act

Status
In Committee
Latest Action
2025-03-26
Sponsor
Scott, Rick (R-Florida)
Official Source
Investability
29/100
Stage
COMMITTEE
Related Bills
1
Full Text
1,709 chars
Alive
Yes

What This Bill Does · Plain English

Summary · Congress.gov
Locating Every Disbursement in Government Expenditure Records Act or the LEDGER Act This bill requires the Department of the Treasury to implement a system that tracks all outlays from each appropriation, receipt, or other fund account in the Treasury by each department, agency, office, or other establishment in the executive, legislative, or judicial branches of the federal government. The system must also track the period of availability of the amounts in the applicable appropriation, receipt, or other fund account.

Action Timeline

2025-03-26
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
2025-03-26
Introduced in Senate

Frequently Asked Questions

Did S.1160 pass?
S.1160 is still alive. Current stage: COMMITTEE. Pass likelihood: 29%.
What does S.1160 do?
Locating Every Disbursement in Government Expenditure Records Act or the LEDGER Act This bill requires the Department of the Treasury to implement a system that tracks all outlays from each appropriation, receipt, or other fund account in the Treasury by each department, agency, office, or other establishment in the executive, legislative, or judicial branches of the federal government. The system must also track the period of availability of the amounts in the applicable appropriation, receipt, or other fund account.
Who sponsored S.1160?
S.1160 was sponsored by Rick Scott (R-Florida).

Full Bill Text

119 S1160 IS: Locating Every Disbursement in Government Expenditure Records Act U.S. Senate 2025-03-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 1160 IN THE SENATE OF THE UNITED STATES March 26, 2025 Mr. Scott of Florida (for himself and Mr. Marshall ) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs A BILL To require adequate traceability for expenditures by the Federal Government. 1. Short title This Act may be cited as the Locating Every Disbursement in Government Expenditure Records Act or the LEDGER Act . 2. Traceability of expenditures (a) In general Subchapter II of chapter 35 of title 31, United States Code, is amended by adding at the end the following: 3517. Traceability of expenditures Not later than 180 days after the date of enactment of this section, the Secretary of the Treasury shall implement a system that tracks all outlays from each appropriation, receipt, or other fund account in the Treasury by each department, agency, office, or other establishment in the executive, legislative, or judicial branch of the United States Government, including disbursements subject to the requirements under section 3325, which shall include tracking the period of availability of the amounts in the applicable appropriation, receipt, or other fund account. . (b) Conforming amendment The table of sections for chapter 35 of title 31, United States Code, is amended by inserting after the item relating to section 3516 the following: 3517. Traceability of expenditures. .
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-09-14. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]