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S 1160
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LEDGER Act

To require adequate traceability for expenditures by the Federal Government.

Introduced Mar 26, 2025

Latest action (Mar 26, 2025) Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Referred to
Homeland Security and Governmental Affairs Committee
Policy area
Economics and Public Finance
Issues
Economy & Taxes

Summary

This bill requires the Secretary of the Treasury to implement a tracking system for all federal government spending within 180 days of enactment. The system must track all outlays from each appropriation, receipt, or fund account by each department, agency, office, or establishment in the executive, legislative, and judicial branches. The system must also track the period of availability of amounts in applicable appropriations and fund accounts.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
1 cosponsor

Actions (2)
  1. Mar 26, 2025 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. · senate
  2. Mar 26, 2025 Introduced in Senate

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HR 4091 — LEDGER Act · Introduced Jun 24, 2025 · Cong. 119 83%
  • S 1023 — Treasury and General Government Appropriations Act, 1998 · Passed Senate Sep 17, 1997 · Cong. 105 67%
  • S 1061 — Departments of Labor, Health and Human Services, Education, and Related Agencies Appropriations Act, 1998 · Passed Senate Sep 17, 1997 · Cong. 105 65%
  • S 1647 — ROI of the Federal Reserve Act · Introduced May 7, 2025 · Cong. 119 65%
  • S 1022 — Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriations Act, 1998 · Passed Senate Oct 1, 1997 · Cong. 105 65%
  • S 1283 — District of Columbia Appropriations Act, 2000 · Passed Senate Aug 2, 1999 · Cong. 106 64%

Full text

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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Locating Every Disbursement in Government Expenditure Records Act” or the “LEDGER Act”.

SEC. 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: “Sec. 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.”. <all>

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