S. 766 · 119th Congress — Billion Dollar Boondoggle Act of 2025
Billion Dollar Boondoggle Act This act requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have…
- Congress
- 119
- Bill
- S 766
- Status
- Latest Action
- Introduced
- 2025-02-27
- Latest action date
- 2026-10-07
Record overview
Billion Dollar Boondoggle Act This act requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have exceeded the original cost estimate. Specifically, the act requires OMB to issue guidance directing federal agencies to annually submit specified information to OMB regarding certain federally funded projects that (1) are more than five years behind schedule, or (2) have expenditures that are at least $1 billion more than the original cost estimate for the project. Among other information, the agencies must submit to OMB a description of each project; an explanation of any change to the original scope of the project; the original and current expected dates for the completion of the project; the original and current cost estimates adjusted for inflation; an explanation for any delays in completing the project or increases in the cost; and the amount of and rationale for any award, incentive fee, or other type of bonus awarded for the project. The act also requires OMB to submit an annual report to Congress containing the information submitted by the agencies and post the report on the OMB website. This bill would require an annual report of taxpayer-funded projects that are over budget and behind schedule.
Topics covered in the available bill text
- Section 2: Annual report
Read selected provisions in the official text ↗
Selected passages retain the official wording. This overview is not exhaustive; read the full text for definitions, exceptions, and amendments. Proposed provisions are not necessarily law.
The latest recorded action reports enactment. Consult the enacted text for the provisions and effective dates that became law.
Latest action
Became Public Law No: 119-120.
Sponsors
- Sen. Ernst, Joni [R-IA]
Iowa · Senate · Republican
Record provenance
Stored record updated: 2026-10-09. This is separate from the action date and does not establish enactment.