Earmark Transparency and Accountability Act
This legislation requires all congressionally directed spending (earmarks) to be published in a searchable online database at least 30 days before any vote, including the requesting member, dollar amount, recipient, and stated purpose. It also requires a post-expenditure audit within two years.
Discussion (6)
The reporting requirements seem excessive for smaller organizations. Add a tiered approach based on size.
Great proposal. How does this interact with existing state-level regulations?
Small entities should receive different treatment. I propose a tiered approach based on size.
Create tiered requirements by entity size
+ Proposed Text
Section 4(b) amended: "Tiered requirements — Tier 1 (revenue >$50M): 12 months; Tier 2 ($10M-$50M): 24 months; Tier 3 (<$10M): 36 months with technical assistance."
Small entities should receive different treatment. I propose a tiered approach based on size.
Create tiered requirements by entity size
+ Proposed Text
Section 4(b) amended: "Tiered requirements — Tier 1 (revenue >$50M): 12 months; Tier 2 ($10M-$50M): 24 months; Tier 3 (<$10M): 36 months with technical assistance."
Has anyone estimated the actual cost? I want to support it but we need concrete numbers.
The timeline is too aggressive. I propose extending implementation by 2 years.
Extend implementation timeline by 2 years
+ Proposed Text
Section 2(c) amended: "Compliance deadline extended from 24 to 48 months, with interim milestones at 12, 24, and 36 months."