S. 747 explained  ·  119th Congress  ·  Pending in Congress

Improper Payments Transparency Act

Create a free account or sign in to follow S. 747 and get alerts. Policy area: Economics and Public Finance Create a free account or sign in to follow the Economics and Public Finance policy area and get alerts. ▲ 600 days since action Sponsor: Pete Ricketts, NE-Senate, R → Congress.gov

Cosponsors: 2 (1 D, 1 R) · per Congress.gov, 2026-10-12

Introduced: 2025-02-26

Latest action (2025-02-26): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

What S. 747 does, in plain terms

Improper Payments Transparency Act This bill requires the President's annual budget to include specified information regarding improper payment amounts and rates for programs and activities at certain federal agencies. (An improper payment is any payment that should not have been made or that was made in an incorrect amount, including an overpayment or underpayment, under a statutory, contractual, administrative, or other legally applicable requirement.) Specifically, the President's budget must include (1) a narrative description, including a detailed explanation of why any improper payment amounts and rates occurred and related trends for programs and activities; and (2) corrective actions and steps the agencies will take to address improper payment amount and rate issues.

Official summary by the Congressional Research Service, via Congress.gov.

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