GREAT Act Seeks to Modernize Federal Grants

On December 30, 2019, the President signed the Grant Reporting Efficiency and Agreements Transparency Act of 2019 (GREAT Act) into law. The goal of the legislation is to modernize and standardize various aspects of federal grant reporting data. The Office of Management and Budget is tasked with spearheading the standards update.

Each year, the U.S. government offers more than $600 billion in grant money through various agencies and programs. The GREAT Act seeks to make the grant process more transparent, efficient, and accessible. It mandates the creation of a website that will compile all the grant data into one searchable, public-facing location.

For more details on the specific provisions included in the GRANT Act, check out this helpful summary from The Data Coalition. For further details on the inception and signing of the GRANT Act, read this article from The Federal Times.