BGOV Bill Analysis: H.R. 8463, Federal Payment Verification

US government agencies would be required to further verify details of payments they make and of the entities receiving funds under a modified version of H.R. 8463.

The bill would impose new verification requirements on agencies before they certify payments, expand use of the Treasury Department’s “Do Not Pay” prevention system, and require first-time recipients to report on how they used federal funds.

The measure is intended to crack down on improper payments by agencies, which have totaled about $3 trillion since fiscal year 2003, according to a June 4 Government Accountability Office report.

“I am confident that ...