COST Act of 2023

S 778, the COST Act of 2023, requires federal agencies and recipients of federal funds (including states, universities, and contractors) to publicly disclose funding sources for any program, project, or activity using federal money. Specifically, they must state the percentage and dollar amount of federal funding, plus the percentage and dollar amount from non-government sources in all communications (except short social media posts). Recipients must certify compliance in progress reports, and the Office of Management and Budget must annually review compliance and publish results. The bill also creates a public mechanism for anonymous reporting of non-compliant communications.