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To track taxpayer dollars sent to adversarial countries and foreign entities of concern, and for other purposes.
Summary
The TRACKS Act requires federal contractors and recipients to publicly report when they distribute federal funds through subawards to foreign entities of concern or entities located in countries designated as adversarial. The bill amends the Federal Funding Accountability and Transparency Act to define subawards and establish reporting requirements for these payments. Federal contractors receiving grants, contracts, or other awards must disclose subawards passed to foreign entities of concern in the same manner as other subawards. The Director of the Office of Management and Budget must issue guidance within 90 days to establish consistent standards for agencies and contractors to comply with the new reporting requirement.
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)
- Sen. Ernst, Joni [R-IA] (R-IA)
Money behind the sponsor
Top reported contributors to Joni Ernst’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $57,653
- CAPITAL GROUP $40,000
- SOROBAN CAPITAL $13,200
- CAPITAL GROUP COMPANIES $7,500
- GOOGLE $6,800
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Joni Ernst → · Outside spending →
Actions (2)
- Apr 10, 2025 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. · senate
- Apr 10, 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.
Full text
IN THE SENATE OF THE UNITED STATES
April 10, 2025
Ms. Ernst introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs
A BILL
To track taxpayer dollars sent to adversarial countries and foreign entities of concern, and for other purposes.
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 “Tracking Receipts to Adversarial Countries for Knowledge of Spending Act” or the “TRACKS Act”.
SEC. 2. FOREIGN SUBAWARDS.
Section 2 of the Federal Funding Accountability and Transparency Act of 2006 (31 U.S.C. 6101 note; Public Law 109-282) is amended—
(1) in subsection (a), by adding at the end the following:
“(9) Subaward.—The term ‘subaward’—
“(A) means an award, including a grant, contract, cooperative agreement, other transaction agreement, or other financial transaction, provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass- through entity;
“(B) includes an award described in subparagraph
(A) that is passed from a subrecipient to another subrecipient; and
“(C) does not include payments to a beneficiary of a Federal program.”; and
(2) in subsection (d), by adding at the end the following:
“(3) Reporting of foreign subawards.—
“(A) Definitions.—In this paragraph:
“(i) Covered subaward.—The term ‘covered subaward’—
“(I) means a subaward awarded to— “(aa) an entity located in a foreign country of concern (as defined in section 9901 of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 U.S.C. 4651)); or “(bb) a foreign entity of concern (as defined in section 9901 of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 U.S.C. 4651)); and
“(II) includes a subaward described in subclause (I) of any amount.
“(ii) Prime award recipient.—The term ‘prime award recipient’, with respect to a covered subaward, means the entity that directly receives the Federal award from which the covered subaward originates.
“(B) Reporting.—The recipient of a covered subaward shall disclose data with respect to the covered subaward in the same manner as subawards are disclosed in accordance with paragraph (2).
“(C) Guidance.—Not later than 90 days after the date of enactment of the Tracking Receipts to Adversarial Countries for Knowledge of Spending Act, the Director shall issue guidance that establishes consistency for complying with this paragraph for agencies, prime award recipients, and covered subaward recipients, including establishing standards for disclosed data.”. <all>
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