This bill requires federal agencies to track and publicly report how much money they spend on advertising contracts, with special attention to spending with small businesses owned by women, minorities, and economically disadvantaged entrepreneurs. Starting with the fiscal year 2027 budget, each federal agency must disclose both their actual advertising spending from the previous year and their projected advertising spending for the upcoming year, breaking down how much goes to disadvantaged small businesses versus all advertising contractors overall. The legislation aims to increase transparency and accountability in federal advertising spending while potentially promoting opportunities for underrepresented business owners. No new funding is created by this bill; it simply establishes a reporting requirement that agencies must incorporate into their annual budget submissions to Congress.
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