Page:United States Statutes at Large Volume 120.djvu/1217

 120 STAT. 1186

PUBLIC LAW 109–282—SEPT. 26, 2006

Public Law 109–282 109th Congress An Act Sept. 26, 2006 [S. 2590] Federal Funding Accountability and Transparency Act of 2006. 31 USC 6101 note. 31 USC 6101 note.

To require full disclosure of all entities and organizations receiving Federal funds.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.

This Act may be cited as the ‘‘Federal Funding Accountability and Transparency Act of 2006’’. SEC.

2.

FULL DISCLOSURE FUNDING.

OF

ENTITIES

RECEIVING

FEDERAL

(a) DEFINITIONS.—In this section: (1) ENTITY.—The term ‘‘entity’’— (A) includes, whether for profit or nonprofit— (i) a corporation; (ii) an association; (iii) a partnership; (iv) a limited liability company; (v) a limited liability partnership; (vi) a sole proprietorship; (vii) any other legal business entity; (viii) any other grantee or contractor that is not excluded by subparagraph (B) or (C); and (ix) any State or locality; (B) on and after January 1, 2009, includes any subcontractor or subgrantee; and (C) does not include— (i) an individual recipient of Federal assistance; or (ii) a Federal employee. (2) FEDERAL AWARD.—The term ‘‘Federal award’’— (A) means Federal financial assistance and expenditures that— (i) include grants, subgrants, loans, awards, cooperative agreements, and other forms of financial assistance; (ii) include contracts, subcontracts, purchase orders, task orders, and delivery orders; (B) does not include individual transactions below $25,000; and (C) before October 1, 2008, does not include credit card transactions. (3) SEARCHABLE WEBSITE.—The term ‘‘searchable website’’ means a website that allows the public to—

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