US HB7934

Federal agencies must establish public online databases within 2 years containing searchable information on covered settlement agreements, including payment amounts, statutory violations alleged, attorney fees, and copies of the agreements

Covered settlement agreements include those requiring $10 million or more in payments, involving special masters or monitors, or involving state/local government parties

Excluded from coverage are settlements related to the U.S. Trustee Program, federal employee personnel actions, non-prosecution agreements, plea bargains, Internal Revenue Code matters, and certain actions under 18 U.S.C. Chapter 46

The Office of Management and Budget must issue guidance within 1 year establishing data standards, uniform database URLs (e.g., "agencyname.gov/settlements"), and update schedules of at least annually

Agencies must submit annual reports to Congress on settlement agreements withheld from public disclosure, with the law applying to new agreements and retroactively to agreements entered into since January 1, 2015 that remain in effect