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Agency Accountability Act of 2023

Source: Congress.gov  ·  753 words in original text
This bill requires federal agencies to deposit fees, fines, penalties and settlement money into the Treasury instead of keeping it. Congress would then need to approve spending that money through a special budget process, rather than agencies deciding how to use it on their own. ##
Federal agencies that collect fees, fines, penalties or settlement money. The bill excludes the United States Postal Service and United States Patent and Trademark Office. ##
* Federal agencies must deposit all fees, fines, penalties and settlement proceeds into the general Treasury fund, not keep the money themselves (Sec. 2(a)) * Any money deposited can only be spent if Congress approves it in advance through appropriation acts (budget bills that approve specific spending) (Sec. 2(b)) * The law does not apply to whistleblower payments, loan guarantee programs or insurance programs (Sec. 2(c)) * The Patent and Trademark Office must report to Congress each year about fees, fines, penalties and settlement money it collected (Sec. 2(d)) * Money collected by agencies must be counted as revenue when Congress makes budget decisions (Sec. 3) ##
If passed, federal agencies would lose the ability to use fees and penalties they collect without getting Congress to approve that spending first. The Patent and Trademark Office would start filing yearly reports to Congress about money it collects. ##
The bill defines "agency" as government departments and offices listed in federal law, but specifically excludes the Postal Service and Patent and Trademark Office (Sec. 2(e)). ##
The budget rule changes take effect one year after the law passes. Not specified in bill text for other provisions.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.