Data Coalition Endorses Legislation to Modernize Federal Grant Reporting
Washington, D.C. – 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.
By replacing outdated documents with structured and machine-readable open data, the GREAT Act will deliver transparency for grantmaking agencies and the public and allow grantees to automate their reporting processes, reducing compliance costs.
The GREAT Act requires the creation of a comprehensive and standardized data structure, or “taxonomy”, covering all data elements reported by recipients of federal awards, including both grant and cooperative agreements. The proposed legislation tasks the Director of the Office of Management and Budget (OMB) and a leading grant making agency with implementation.
“In its current form, grant reporting is overly complex and riddled with flaws,” said Hudson Hollister, Executive Director of the Data Coalition. “The GREAT Act will solve this problem. The proposed legislation will require the adoption of a government-wide open data structure for all the information grantees report. Ultimately, replacing documents with data will alleviate compliance burdens for the grantee community, provide instant insights for grantor agencies and Congress, and enable easy access to data for oversight, analytics, and program evaluation.”
The newly introduced legislation has four main benefits:
- Reduces recipient compliance costs by automating the compilation and submission of reports to federal agencies.
- Creates a single consolidated data set of federal grant receipts information.
- Fosters increased federal oversight and transparency into the distribution of federal funding.
- Facilitates the adoption of modern technologies such as blockchain.
Read the full text of the bill here.
Read a summary of the bill here.
About the Data Coalition: The Data Coalition is the world’s first, and only, open data trade association. We advocate on behalf of the private sector and the public interest for the publication of government information as standardized, open data. Open data enhances accountability, improves government management, reduces compliance costs, and stimulates innovation. Our members represent a cross-section of the technology industry and implementers, employ over two hundred thousand Americans, and have a combined market capitalization exceeding $1.5 trillion. For more information, visit datacoalition.org.