Mike Belarmino is a senior policy advisor at the Government Finance Officers Association. He previously served as NACo's Associate Legislative Director for Finance and Intergovernmental Affairs and Associate General Counsel.
Work has begun on the implementation of the Digital Accountability and Transparency Act, which makes changes to the Federal Funding and Transparency Act, which offers a clearer look at federal spending
The Marketplace and Internet Tax Fairness Act (MITFA) (S. 2609), which would combine two important county priorities, currently stands ready for floor action in the Senate. MITFA, introduced in mid-July by Sen.
On September 3, federal regulators (Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency) voted to adopt new banking rules which, in response to the 2008 financial crisis, imposed new liquidity standards on banks that may impact state and local borrowing.
The Digital Accountability and Transparency Act (DATA Act), which was enacted in early 2014, builds on the Federal Funding and Transparency Act (FFATA), the primary motivation behind www.USASpending.gov, which was created to increase transparency of federal spending by posting award data online.