Statement and Account Clause

E670118

The Statement and Account Clause is a provision in the U.S. Constitution that requires the federal government to regularly publish a public accounting of all money received and spent.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf constitutional clause ⓘ
provision of the United States Constitution ⓘ
aimsToProtect public oversight of government finances ⓘ
taxpayer knowledge of government spending ⓘ
alsoKnownAs Accounts Clause ⓘ
Statement and Accounts Clause ⓘ
Statement of Accounts Clause ⓘ
appliesTo Treasury of the United States ⓘ
expenditures of all public money ⓘ
federal government of the United States ⓘ
receipts of all public money ⓘ
country United States of America ⓘ
dateOfOrigin 1788 ⓘ
draftedAt Constitutional Convention in Philadelphia ⓘ
draftedIn 1787 ⓘ
effectiveFrom June 21, 1788 ⓘ
enforcedBy United States Congress ⓘ
foundIn Article I, Section 9, Clause 7 of the U.S. Constitution ⓘ
governs public disclosure of federal receipts and expenditures ⓘ
publication of federal financial statements ⓘ
hasDomain constitutional law ⓘ
government transparency ⓘ
public finance ⓘ
hasEffectOn federal accounting practices ⓘ
federal budgeting process ⓘ
public access to information about federal finances ⓘ
hasLegalEffect requires periodic publication of statements and accounts of public money ⓘ
requires that no money be drawn from the Treasury except by appropriations made by law ⓘ
hasPurpose to ensure fiscal transparency of the federal government ⓘ
to inform the public about government receipts and expenditures ⓘ
to promote accountability in federal spending ⓘ
hasText "No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time." ⓘ
hasType fiscal clause ⓘ
transparency clause ⓘ
inLanguage English ⓘ
interpretedBy Supreme Court of the United States ⓘ
isBasisFor federal financial reporting requirements ⓘ
statutory requirements for publication of federal budget information ⓘ
locatedInDocument Article I of the United States Constitution ⓘ
Article I, Section 9 of the United States Constitution ⓘ
Article I, Section 9, Clause 7 of the United States Constitution ⓘ
partOf United States Constitution ⓘ
relatedTo Appropriations Clause ⓘ
congressional control over public funds ⓘ
power of the purse ⓘ
requires publication of a public accounting of all money received and spent by the federal government ⓘ
regular statement of receipts and expenditures of all public money ⓘ
scope all public money of the United States ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Statement and Account Clause → alsoKnownAs → Statement and Accounts Clause ⓘ
linked to: Statement and Account Clause