TRACKS Act

HR 9090, the TRACKS Act, requires federal agencies to disclose details about subawards (funds passed to subrecipients) made to entities in foreign countries designated as "adversarial" under the 2021 National Defense Authorization Act. It directly affects federal agencies, prime award recipients, and subrecipients handling such funds. The bill mandates that recipients of these "covered subawards" report the same data as regular subawards through existing transparency systems. Within 90 days of enactment, the Director must issue guidance to standardize reporting across agencies and recipients. This creates a new transparency requirement for federal spending to entities in designated adversarial countries.