A bill to provide for the establishment of a system to collect data on the geographic distribution of Federal funds.

Requires the Director of the Office of Management and Budget to prepare a report on the total amount of Federal funds obligated for expenditure, or expended, in each general category of Federal funds in each State during FY 1981 and 1982 and in each State, county or parish, and municipality for each succeeding fiscal year. Requires that such reports be based on data included in: (1) the Federal assistance awards data system; (2) the Federal procurement data system; (3) the central personnel data file of the Office of Personnel Management; and (4) the records of the Defense Manpower Data Center.

Requires the Director to: (1) make printed copies and computer tapes of such reports; (2) provide such copies and tapes for public purchase at prices fixed to recover the costs of preparing such reports; and (3) transfer one of each printed copy to each Federal regional depository library and specified congressional committees.

Requires the Director to operate and maintain the Federal assistance awards data system established pursuant to the Federal Program Information Act. Authorizes the Director to delegate such responsibility to any executive branch authority.

Directs the Comptroller General to make an annual report to specified congressional committees on the consolidation of data, accuracy of data, and adequacy of definitions of local government entities utilized and presented in the expenditure reports required by this Act.

Authorizes appropriations for FY 1983 through 1987 to carry out this Act.