1. Short title This Act may be cited as the Grant Transparency Act of 2023 . 2. Notices of funding opportunity transparency (a) Definitions In this section: (1) Agency The term agency — (A) has the meaning given the term Executive agency in section 105 of title 5, United States Code; and (B) does not include the Government Accountability Office. (2) Competitive grant The term competitive grant means a discretionary award (as defined in section 200.1 of title 2, Code of Federal Regulations) awarded by an agency— (A) through a grant agreement or cooperative agreement under which the agency makes payment in cash or in kind to a recipient to carry out a public purpose authorized by law; and (B) the recipient of which is selected from a pool of applicants through the use of merit-based selection procedures for the purpose of allocating funds authorized under a grant program of the agency. (3) Evaluation or selection criteria The term evaluation or selection criteria means standards or principles for judging, evaluating, or selecting an application for a competitive grant. (4) Notice of funding opportunity The term notice of funding opportunity has the meaning given the term in section 200.1 of title 2, Code of Federal Regulations. (5) Rating system The term rating system — (A) means a system of evaluation of competitive grant applications to determine how such applications advance through the selection process; and (B) includes— (i) a merit criteria rating rubric; (ii) an evaluation of merit criteria; (iii) a methodology to evaluate and rate based on a point scale; and (iv) an evaluation to determine whether a competitive grant application meets evaluation or selection criteria. (b) Transparency requirements Each notice of funding opportunity issued by an agency for a competitive grant shall include— (1) a description of any rating system and evaluation and selection criteria the agency uses to assess applications for the competitive grant