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pdfPUBLIC LAW 111–5—FEB. 17, 2009
123 STAT. 287
(2) BOARD.—The term ‘‘Board’’ means the Recovery
Accountability and Transparency Board established in section
1521.
(3) CHAIRPERSON.—The term ‘‘Chairperson’’ means the
Chairperson of the Board.
(4) COVERED FUNDS.—The term ‘‘covered funds’’ means any
funds that are expended or obligated from appropriations made
under this Act.
(5) PANEL.—The term ‘‘Panel’’ means the Recovery Independent Advisory Panel established in section 1541.
Subtitle A—Transparency and Oversight
Requirements
SEC. 1511. CERTIFICATIONS.
With respect to covered funds made available to State or local
governments for infrastructure investments, the Governor, mayor,
or other chief executive, as appropriate, shall certify that the infrastructure investment has received the full review and vetting
required by law and that the chief executive accepts responsibility
that the infrastructure investment is an appropriate use of taxpayer
dollars. Such certification shall include a description of the investment, the estimated total cost, and the amount of covered funds
to be used, and shall be posted on a website and linked to the
website established by section 1526. A State or local agency may
not receive infrastructure investment funding from funds made
available in this Act unless this certification is made and posted.
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SEC. 1512. REPORTS ON USE OF FUNDS.
(a) SHORT TITLE.—This section may be cited as the ‘‘Jobs
Accountability Act’’.
(b) DEFINITIONS.—In this section:
(1) RECIPIENT.—The term ‘‘recipient’’—
(A) means any entity that receives recovery funds
directly from the Federal Government (including recovery
funds received through grant, loan, or contract) other than
an individual; and
(B) includes a State that receives recovery funds.
(2) RECOVERY FUNDS.—The term ‘‘recovery funds’’ means
any funds that are made available from appropriations made
under this Act.
(c) RECIPIENT REPORTS.—Not later than 10 days after the end
of each calendar quarter, each recipient that received recovery
funds from a Federal agency shall submit a report to that agency
that contains—
(1) the total amount of recovery funds received from that
agency;
(2) the amount of recovery funds received that were
expended or obligated to projects or activities; and
(3) a detailed list of all projects or activities for which
recovery funds were expended or obligated, including—
(A) the name of the project or activity;
(B) a description of the project or activity;
(C) an evaluation of the completion status of the project
or activity;
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Web posting.
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123 STAT. 288
PUBLIC LAW 111–5—FEB. 17, 2009
(D) an estimate of the number of jobs created and
the number of jobs retained by the project or activity;
and
(E) for infrastructure investments made by State and
local governments, the purpose, total cost, and rationale
of the agency for funding the infrastructure investment
with funds made available under this Act, and name of
the person to contact at the agency if there are concerns
with the infrastructure investment.
(4) Detailed information on any subcontracts or subgrants
awarded by the recipient to include the data elements required
to comply with the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109–282), allowing aggregate
reporting on awards below $25,000 or to individuals, as prescribed by the Director of the Office of Management and Budget.
(d) AGENCY REPORTS.—Not later than 30 days after the end
of each calendar quarter, each agency that made recovery funds
available to any recipient shall make the information in reports
submitted under subsection (c) publicly available by posting the
information on a website.
(e) OTHER REPORTS.—The Congressional Budget Office and the
Government Accountability Office shall comment on the information
described in subsection (c)(3)(D) for any reports submitted under
subsection (c). Such comments shall be due within 45 days after
such reports are submitted.
(f) COMPLIANCE.—Within 180 days of enactment, as a condition
of receipt of funds under this Act, Federal agencies shall require
any recipient of such funds to provide the information required
under subsection (c).
(g) GUIDANCE.—Federal agencies, in coordination with the
Director of the Office of Management and Budget, shall provide
for user-friendly means for recipients of covered funds to meet
the requirements of this section.
(h) REGISTRATION.—Funding recipients required to report
information per subsection (c)(4) must register with the Central
Contractor Registration database or complete other registration
requirements as determined by the Director of the Office of Management and Budget.
SEC. 1513. REPORTS OF THE COUNCIL OF ECONOMIC ADVISERS.
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(a) IN GENERAL.—In consultation with the Director of the Office
of Management and Budget and the Secretary of the Treasury,
the Chairperson of the Council of Economic Advisers shall submit
quarterly reports to the Committees on Appropriations of the Senate
and House of Representatives that detail the impact of programs
funded through covered funds on employment, estimated economic
growth, and other key economic indicators.
(b) SUBMISSION OF REPORTS.—
(1) FIRST REPORT.—The first report submitted under subsection (a) shall be submitted not later than 45 days after
the end of the first full quarter following the date of enactment
of this Act.
(2) LAST REPORT.—The last report required to be submitted
under subsection (a) shall apply to the quarter in which the
Board terminates under section 1530.
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File Type | application/pdf |
File Title | PUBL005.PS |
File Modified | 2013-06-12 |
File Created | 2013-06-12 |