Recovery Act (2009)
American Recovery and Reinvestment Act (2009)
The American Recovery and Reinvestment Act of 2009 (sometimes called the "Recovery Act" or the "stimulus") established a framework for reporting on the use of funding that was awarded as part of the Federal stimulus package.
The law directed the creation of Recovery.gov, which gave the public a means to track the spending of Federal stimulus funding. Another website, FederalReporting.gov, was set up so that Federal award recipients could submit spending reports. The Recovery Act also formed the Recovery Accountability and Transparency Board, which set out to monitor the use and reporting of Federal stimulus funds and awards.
Effective Date: February 17, 2009
Entry Type: Law
Document Citation: Public Law 111–5