On Wednesday, September 26, the House of Representatives passed the GREAT Act (S. 3484, H.R. 4887). Earlier that day, the Senate Homeland Security and Governmental Affairs Committee unanimously reported the legislative proposal by voice vote.
The Data Coalition is pleased to see the Senate Homeland and Governmental Affairs Permanent Subcommittee on Investigations, led by original DATA Act sponsors Chairman Rob Portman (OH-R) and Ranking Member Tom Carper (DE-D), issue their oversight report: “Federal Agency Compliance with the DATA Act.”
Yesterday, the Securities and Exchange Commission (SEC) voted 4 to 1 to adopt Inline XBRL for corporate financial data disclosure. The move to Inline XBRL will end duplicative documents-plus-data financial reporting and transition to data-centric reporting.
Today, the Data Coalition’s Board of Directors announced that Hudson Hollister has decided to depart from his role as Executive Director of the Data Coalition effective October 1, 2018, and that a search process has started to replace him.
The House Financial Services Committee will mark up the Small Company Disclosure Simplification Act, H.R. 5054. The legislation was first introduced in 2013 and the bill will exempt a majority of public companies from the obligation to file financial statements in a searchable and standardized data format with the U.S. Securities and Exchange Commission (SEC).
Today marks the DATA Act’s fourth anniversary and the first full year of agency reporting. By May 9, 2018, the Treasury Department will have collected one full year of federal financial information from all CFO Act agencies, in accordance with the DATA Act
Today, the U.S. Treasury Department’s Fiscal Service launched the Data Lab. This analytics portal is hosted on the newly revamped USAspending.gov site, in accordance with the DATA Act of 2014.
One week after Representatives Virginia Foxx (NC-R-5) and Jimmy Gomez (CA-34-D) introduced the Grant Reporting Efficiency and Agreements Transparency (GREAT) Act (H.R. 4887), the House Oversight and government Reform Committee marked-up the bill. The GREAT Act was favorably reported out of the Committee and will now move to the House floor for a vote.
This week Congresswoman Virginia Foxx (NC-5-R) and Congressmen Jimmy Gomez (CA-34-D), Mike Quigley (IL-5-D) and Derek Kilmer (WA-6-D) introduced the Grant Reporting Efficiency and Agreements Transparency (GREAT) Act (H.R. 4887). The Data Coalition, the nation’s only open data trade association, endorsed the bill.
Today, for the first time, the OPEN Government Data (OPEN) Act passed the U.S. House of Representatives. The House unanimously approved the bill under suspension of the rules. The OPEN Government Data Act is included as Title II in Speaker Ryan’s Foundations for Evidence-Based Policymaking Act (FEBP) (HR 4174).