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[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 766 Engrossed in Senate (ES)]
<DOC>
119th CONGRESS
1st Session
S. 766
_______________________________________________________________________
AN ACT
To require an annual report of taxpayer-funded projects that are over
budget and behind schedule.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Billion Dollar Boondoggle Act of
2025''.
SEC. 2. ANNUAL REPORT.
(a) Definitions.--In this section--
(1) the term ``covered agency'' means--
(A) an Executive agency, as defined in section 105
of title 5, United States Code; and
(B) an independent regulatory agency, as defined in
section 3502 of title 44, United States Code;
(2) the term ``covered project'' means a project funded by
a covered agency--
(A) that is more than 5 years behind schedule, as
measured against the original expected date for
completion; or
(B) for which the amount spent on the project is
not less than $1,000,000,000 more than the original
cost estimate for the project;
(3) the term ``Director'' means the Director of the Office
of Management and Budget; and
(4) the term ``project'' means a major acquisition, a major
defense acquisition program (as defined in section 4201 of
title 10, United States Code), a procurement, a construction
project, a remediation or clean-up effort, or any other time-
limited endeavor, that is not funded through direct spending
(as defined in section 250(c) of the Balanced Budget and
Emergency Deficit Control Act of 1985 (2 U.S.C. 900(c))).
(b) Requirements.--
(1) Submission.--Not later than 1 year after the date of
enactment of this Act, the Director shall issue guidance
requiring covered agencies to, on an annual basis, submit to
the Director information relating to each covered project of
the covered agency, which shall include--
(A) a brief description of the covered project,
including--
(i) the purpose of the covered project;
(ii) each location in which the covered
project is carried out;
(iii) the contract or award number of the
covered project, where applicable;
(iv) the year in which the covered project
was initiated;
(v) the Federal share of the total cost of
the covered project; and
(vi) each primary contractor,
subcontractor, grant recipient, and subgrantee
recipient of the covered project;
(B) an explanation of any change to the original
scope of the covered project, including by the addition
or narrowing of the initial requirements of the covered
project;
(C) the original expected date for completion of
the covered project;
(D) the current expected date for completion of the
covered project;
(E) the original cost estimate for the covered
project, as adjusted to reflect increases in the
Consumer Price Index for All Urban Consumers, as
published by the Bureau of Labor Statistics;
(F) the current cost estimate for the covered
project, as adjusted to reflect increases in the
Consumer Price Index for All Urban Consumers, as
published by the Bureau of Labor Statistics;
(G) an explanation for a delay in completion or an
increase in the original cost estimate for the covered
project, including, where applicable, any impact of
insufficient or delayed appropriations; and
(H) the amount of and rationale for any award,
incentive fee, or other type of bonus, if any, awarded
for the covered project.
(2) Report.--The Director shall submit to Congress and post
on the website of the Office of Management and Budget an annual
report containing the information submitted under paragraph (1)
for the relevant year.
Passed the Senate December 11, 2025.
Attest:
Secretary.
119th CONGRESS
1st Session
S. 766
_______________________________________________________________________
AN ACT
To require an annual report of taxpayer-funded projects that are over
budget and behind schedule.