S. 872 — Stop Secret Spending Act of 2025

This section amends the Federal Funding Accountability and Transparency Act of 2006 (FFATA), which requires public reporting of federal awards (i.e., grants, loans, contracts) on USAspending.gov to promote spending transparency, as follows: (1) revises the definition of federal award in FFATA section 2(a)(4)(A) to explicitly include other transaction agreements (OTAs, i.e., flexible authorities used primarily by the Department of Defense and certain civilian agencies for research, prototyping, and production not suitable for standard contracts or grants) and updates related cross-references; (2) adds FFATA section 4(e) directing the Secretary of the Treasury to ensure, not later than three years after enactment, that OTA data is automatically transmitted to USAspending.gov (or successor) with a centralized view available; (3) adds FFATA section 2(h) requiring the Secretary of the Treasury, in consultation with the Director of the Office of Management and Budget and beginning one year after enactment annually thereafter, to post a report on USAspending.gov identifying total unreported federal spending and reasons (e.g., national security or classified; awards by legislative or judicial branch agencies; subawards below primary subawards); and (4) adds implementation requirements, including—if full OTA data compliance under new section 4(e) is not achieved—a report within one year after enactment listing and describing all relevant agencies' OTAs from the prior fiscal year, and a plan submitted to Congress within two years after enactment detailing status and actions for full USAspending.gov incorporation by three years after enactment.

This section amends the Federal Funding Accountability and Transparency Act of 2006 (FFATA) as follows: (1) with respect to inspector general reports under sec. 6(a), limits covered agencies to those designated in 31 U.S.C. 901(b)(1) or (2) (from all federal agencies), replaces references to "Federal agency" with "agency," and establishes new deadlines for submission to Congress and public availability of compliance reports described in sec. 6(a)(1)(B): not later than one year after enactment of the Stop Secret Spending Act of 2025, and not less frequently than once every two years thereafter until 10 years after enactment or the date of submission of reports required under 31 U.S.C. 3521(f) or 9105(a)(3) for the applicable fiscal year. (2) with respect to full disclosure of federal funds under sec. 3— (A) limits information posting requirements in subsection (b) to federal agencies or components included on a list published under new subsection (e)(2) (effective upon publication of the first list); (B) adds subsection (c) requiring the Secretary of the Treasury and OMB Director, in consultation with agency heads, to establish requirements ensuring posted information is complete and accurate, with agency heads responsible for compliance and the Secretary and Director authorized to verify; (C) adds subsection (d) directing the Secretary, in consultation with the OMB Director, to ensure agency compliance with display standards for posted information; and (D) adds subsection (e) requiring the Secretary, in coordination with the OMB Director and not later than one year after enactment (and every two years thereafter), to assess and determine covered agencies and components, publish the list on the USAspending.gov website established under FFATA sec. 2(b)(1), and notify included agency heads and inspectors general.

This section directs the Comptroller General of the United States, not later than one year after the date of enactment of this Act, to make recommendations for any updates determined advisable to Federal Acquisition Regulation clause 52.204-10 (Reporting Executive Compensation and First-Tier Subcontract Awards) with respect to incorporating requirements under the Federal Funding Accountability and Transparency Act of 2006.