| 1 | 1 | | II |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION S. 1160 |
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| 5 | 5 | | To require adequate traceability for expenditures by the Federal Government. |
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| 6 | 6 | | IN THE SENATE OF THE UNITED STATES |
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| 7 | 7 | | MARCH26, 2025 |
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| 8 | 8 | | Mr. S |
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| 9 | 9 | | COTTof Florida (for himself and Mr. MARSHALL) introduced the fol- |
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| 10 | 10 | | lowing bill; which was read twice and referred to the Committee on |
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| 11 | 11 | | Homeland Security and Governmental Affairs |
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| 12 | 12 | | A BILL |
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| 13 | 13 | | To require adequate traceability for expenditures by the |
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| 14 | 14 | | Federal Government. |
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| 15 | 15 | | Be it enacted by the Senate and House of Representa-1 |
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| 16 | 16 | | tives of the United States of America in Congress assembled, 2 |
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| 17 | 17 | | SECTION 1. SHORT TITLE. 3 |
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| 18 | 18 | | This Act may be cited as the ‘‘Locating Every Dis-4 |
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| 19 | 19 | | bursement in Government Expenditure Records Act’’ or 5 |
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| 20 | 20 | | the ‘‘LEDGER Act’’. 6 |
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| 21 | 21 | | SEC. 2. TRACEABILITY OF EXPENDITURES. 7 |
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| 22 | 22 | | (a) I |
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| 23 | 23 | | NGENERAL.—Subchapter II of chapter 35 of 8 |
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| 24 | 24 | | title 31, United States Code, is amended by adding at the 9 |
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| 25 | 25 | | end the following: 10 |
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| 26 | 26 | | VerDate Sep 11 2014 22:31 Apr 01, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1160.IS S1160 |
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| 27 | 27 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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| 28 | 28 | | •S 1160 IS |
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| 29 | 29 | | ‘‘§ 3517. Traceability of expenditures 1 |
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| 30 | 30 | | ‘‘Not later than 180 days after the date of enactment 2 |
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| 31 | 31 | | of this section, the Secretary of the Treasury shall imple-3 |
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| 32 | 32 | | ment a system that tracks all outlays from each appropria-4 |
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| 33 | 33 | | tion, receipt, or other fund account in the Treasury by 5 |
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| 34 | 34 | | each department, agency, office, or other establishment in 6 |
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| 35 | 35 | | the executive, legislative, or judicial branch of the United 7 |
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| 36 | 36 | | States Government, including disbursements subject to 8 |
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| 37 | 37 | | the requirements under section 3325, which shall include 9 |
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| 38 | 38 | | tracking the period of availability of the amounts in the 10 |
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| 39 | 39 | | applicable appropriation, receipt, or other fund account.’’. 11 |
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| 40 | 40 | | (b) C |
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| 41 | 41 | | ONFORMINGAMENDMENT.—The table of sec-12 |
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| 42 | 42 | | tions for chapter 35 of title 31, United States Code, is 13 |
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| 43 | 43 | | amended by inserting after the item relating to section 14 |
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| 44 | 44 | | 3516 the following: 15 |
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| 45 | 45 | | ‘‘3517. Traceability of expenditures.’’. |
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| 46 | 46 | | Æ |
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| 47 | 47 | | VerDate Sep 11 2014 22:31 Apr 01, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S1160.IS S1160 |
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| 48 | 48 | | ssavage on LAPJG3WLY3PROD with BILLS |
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