S. 1160 · Where this bill is now
In committee
Introduced in the Senate, Mar 26, 2025
What this bill does
In plain words · AI-written from the official summaryCreates system to track all federal spending
The bill requires the Treasury Department to build a system that tracks every dollar spent from federal accounts. This system would follow the money as it moves through different agencies and departments across all three branches of government—executive, legislative, and judicial. It would also keep track of how long each agency can spend the money it receives.
How it affects you
This doesn't directly change anything in your daily life, but it's designed to give Congress and the public better visibility into how the federal government spends taxpayer money. Right now, that information can be scattered across different agencies and hard to piece together, so this system aims to make it easier to see the full picture of federal spending.
Read the official summary (Introduced in Senate, Mar 26, 2025)
Locating Every Disbursement in Government Expenditure Records Act or the LEDGER Act
This bill requires the Department of the Treasury to implement a system that tracks all outlays from each appropriation, receipt, or other fund account in the Treasury by each department, agency, office, or other establishment in the executive, legislative, or judicial branches of the federal government. The system must also track the period of availability of the amounts in the applicable appropriation, receipt, or other fund account.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 1160
A BILL
LEDGER Act
Sponsor: Sen. Rick Scott (R-FL) · Introduced Mar 26, 2025 · Economics and Public Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 26, 2025: “Read twice and referred to the Committee on Homeland Security and Governmental Affairs.”