summary
Introduced
02/27/2025
02/27/2025
In Committee
07/30/2025
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/766/all-info |
BillText | https://www.congress.gov/119/bills/s766/BILLS-119s766is.pdf |
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