LEDGER Act

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.

Source: Congressional Research Service (CRS).