To provide for reports on the use of funds made available under this Act and the economic impact made by the expenditure or obligation of such funds, and for other purposes.

SA 138. Mr. DORGAN submitted an amendment intended to be proposed to
amendment SA 98 proposed by Mr. Inouye (for himself and Mr. Baucus) to
the bill H.R. 1, making supplemental appropriations for job
preservation and creation, infrastructure investment, energy efficiency
and science, assistance to the unemployed, and State and local fiscal
stabilization, for fiscal year ending September 30, 2009, and for other
purposes; which was ordered to lie on the table; as follows:

Strike subtitle C of title XV of division A, and insert the
following:

Subtitle C--Reports of the Council of Economic Advisers

SEC. 1541. REPORTS OF THE COUNCIL OF ECONOMIC ADVISERS.

(a) In General.--In consultation with the Director of the
Office of Management and Budget and the Secretary of the
Treasury, the Chairperson of the Council of Economic Advisers
shall submit to the Committees on Appropriations of the
Senate and House of Representatives quarterly reports based
on the reports required under section 1551 that detail the
impact of programs funded through covered funds on
employment, estimated economic growth, and other key economic
indicators.
(b) Submission of Reports.--
(1) First report.--The first report submitted under
subsection (a) shall be submitted not later than 45 days
after the end of the first full quarter following the date of
enactment of this Act.
(2) Last report.--The last report required to be submitted
under subsection (a) shall apply to the quarter in which the
Board terminates under section 1521.

Subtitle D--Reports on Use of Funds

SEC. 1551. REPORTS ON USE OF FUNDS.

(a) Short Title.--This section may be cited as the ``Jobs
Accountability Act''.
(b) Definitions.--In this section:
(1) Agency.--The term ``agency'' has the meaning given
under section 551 of title 5, United States Code.
(2) Recipient.--The term ``recipient''--
(A) means any entity that receives recovery funds
(including recovery funds received through grant, loan, or
contract) other than an individual; and
(B) includes a State that receives recovery funds.
(3) Recovery funds.--The term ``recovery funds'' means any
funds that are made available--
(A) from appropriations made under this Act; and
(B) under any other authorities provided under this Act.
(c) Recipient Reports.--Not later than 10 days after the
end of each calendar quarter, each recipient that received
recovery funds from an agency shall submit a report to that
agency that contains--
(1) the total amount of recovery funds received from that
agency;
(2) the amount of recovery funds received that were
expended or obligated to projects or activities; and
(3) a detailed list of all projects or activities for which
recovery funds were expended or obligated, including--
(A) the name of the project or activity;
(B) a description of the project or activity;
(C) an evaluation of the completion status of the project
or activity; and
(D) an analysis of the number of jobs created and the
number of jobs retained by the project or activity.
(d) Agency Reports.--Not later than 30 days after the end
of each calendar quarter, each agency that made recovery
funds available to any recipient shall make the information
in reports submitted under subsection (c) publicly available
by posting the information on a website.
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