S.4130

COST Act Cost Openness and Spending Transparency Act of 2026

Introduced·3/18/26

Federal SB4130 mandates public disclosure of financial details for projects funded by federal dollars.

Federal SB4130, the Cost Openness and Spending Transparency Act of 2026, requires agencies and entities using federal funds to clearly state financial details in public communications. This includes the percentage and dollar amount of federal funding, as well as the total costs and non-federal funding. The Office of Management and Budget must review compliance and publish findings annually. The bill also establishes a mechanism for anonymous reporting of noncompliant communications.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Homeland Security And Governmental Affairs Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

Calendar

Mar 18

2:30 PM

Senate Small Business and Entrepreneurship Hearing

History

Mar 18

Senate

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Mar 18

Senate

Committee on Small Business and Entrepreneurship. Hearings held.