This bill requires the federal government to publicly report all spending related to presidential declarations of national emergencies with the same transparency required for other federal funds. Currently, emergency spending can be tracked less rigorously than regular federal spending, but this legislation would mandate that agencies report the amounts of money appropriated, obligated, and spent for each declared emergency, broken down by which federal accounts and programs received the funds. The Office of Management and Budget and Treasury Department would have 180 days after the bill's enactment to update their data standards to track emergency spending with unique identifiers, making this information available to the public through existing federal spending databases. The bill affects all federal agencies that spend money during national emergencies and applies to any future presidential emergency declarations under the National Emergencies Act. There is no specific funding authorization in the bill, as it primarily imposes new reporting requirements on existing federal systems.