Fraud Prevention and Accountability Act

This bill gives the Bureau of the Fiscal Service at the Treasury Department the job of preventing fraud and wrong payments by the government, including running a system called "Do Not Pay" that checks if someone is eligible before they receive government money. It also creates a new Office of the Inspector General for Fraud, Accountability, and Recovery within the Treasury Department, which would investigate how certain federal funds are used, including coronavirus relief money, disaster relief spending, and any federal award of $50,000 or more. The bill requires the Treasury Department to share data with other government agencies and certain private organizations to help catch fraud, and the new inspector general's office must quickly report any suspected crimes to the Department of Justice.

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