Cost-Share Accountability Act of 2025

119th Congress Introduced by Bill Foster and 1 co-sponsor

The Cost-Share Accountability Act of 2025 boosts transparency in federal funding by requiring detailed reporting and performance metrics for cost-sharing programs, benefiting taxpayers.

Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.

Purpose and Intent

The Cost-Share Accountability Act of 2025 aims to enhance transparency and accountability in federal cost-sharing programs. The bill seeks to ensure that federal funds allocated for various projects are used efficiently and effectively, thereby maximizing the benefits to taxpayers and stakeholders involved in these initiatives.

Key Provisions

The bill includes several important provisions designed to improve oversight of cost-sharing agreements:

Increased Reporting Requirements: Agencies involved in cost-sharing programs will be required to provide detailed reports on the use of federal funds, including how funds are allocated and the outcomes achieved.

Performance Metrics: The legislation mandates the establishment of clear performance metrics to evaluate the success of cost-sharing projects. This will help ensure that funds are directed towards projects that deliver measurable results.

Public Accessibility: Reports and performance evaluations will be made publicly accessible to enhance transparency and allow stakeholders to assess the effectiveness of funded projects.

Oversight Mechanisms: The bill proposes the creation of oversight committees to monitor the implementation of cost-sharing agreements and ensure compliance with the new reporting standards.

Affected Parties

The Cost-Share Accountability Act of 2025 will impact:

Federal Agencies: Agencies that manage cost-sharing programs will need to adapt to the new reporting and accountability requirements.

State and Local Governments: Entities that partner with federal agencies in cost-sharing agreements will be subject to the new performance metrics and reporting standards.

Taxpayers and Stakeholders: The general public and stakeholders involved in funded projects will benefit from increased transparency and accountability, ensuring that taxpayer dollars are used effectively.

Legislative Timeline

Introduced: January 13, 2025

House Actions:

Passed in the House on March 24, 2025, with unanimous support (405-0).
Considered under suspension of the rules, indicating broad bipartisan support.

Senate Actions:

Received in the Senate on March 25, 2025, and referred to the Committee on Energy and Natural Resources for further consideration.

Conclusion

The Cost-Share Accountability Act of 2025 represents a significant step towards improving the management of federal cost-sharing programs. By instituting stricter reporting requirements and performance evaluations, the bill aims to ensure that federal investments yield tangible benefits for communities and taxpayers alike. The ongoing legislative process will determine the final form and implementation of these provisions.

Bill