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Bill > S766


US S766

US S766
Billion Dollar Boondoggle Act of 2025


summary

Introduced
02/27/2025
In Committee
07/30/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to require an annual report of taxpayer-funded projects that are over budget and behind schedule.

AI Summary

This bill, called the "Billion Dollar Boondoggle Act of 2025", requires the Director of the Office of Management and Budget (OMB) to create an annual reporting system for large government projects that are significantly over budget or behind schedule. Specifically, the bill defines a "covered project" as any federal project that is more than 5 years behind its original completion date or has exceeded its original cost estimate by at least $1 billion. The annual report must be submitted to Congress and published on the OMB website, and will include detailed information about each covered project, such as its purpose, location, contractors, original and current completion dates, original and current cost estimates, explanations for delays or cost increases, and any performance bonuses awarded. The reporting requirement applies to both executive agencies and independent regulatory agencies, and covers a wide range of project types including major acquisitions, defense programs, procurements, construction projects, and remediation efforts. The goal of the bill is to increase transparency and accountability for large federal projects by providing comprehensive public reporting on their progress and challenges.

Committee Categories

Military Affairs and Security

Sponsors (3)

Last Action

Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably. (on 07/30/2025)

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