The Digital Accountability and Transparency Act (DATA Act) passed in the U.S. House of Representatives on April 25th.The Data Act would require federal agencies to consistently report spending information on a new, searchable Web platform.
The legislation passed by a voice vote and will now go before the U.S. Senate. If it becomes law, it will establish standards for identifying and publishing electronic information about federal spending.
The federal government would need to spend $575 million over five years to create new structures and systems under the DATA Act, according to a Congressional Budget Office report issued last year.
Read full article: DATA Act passes House