PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Government Reform.
Congressional Research Service
Version 00 · Introduced in House · Oct 8, 2002
Truth in Financing Act - Disqualifies any recipient of Federal funds from Federal funding of any type if, at a time when the recipient is receiving Federal funds for any of the recipient's activities, the recipient is found by any Federal agency or Federal or State court to have: (1) made a false statement on an application for Federal funds; (2) violated any Federal law or regulation or State or local law punishable by imprisonment for at least 6 months or a fine of at least $5,000; and (3) aided or abetted the violation of any law or regulation described in clause (2).Permits any U.S. citizen to bring a private cause of action against any organization receiving Federal funds for any violation of the above.
People & committees
Rep. Paul, Ron [R-TX-14] · R–TX
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the House Committee on Government Reform.
Sponsor introductory remarks on measure. (CR E1798-1799)
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.
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Analyze H.R.5577 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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