summary
Introduced
09/17/2025
09/17/2025
In Committee
02/04/2026
02/04/2026
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To incentivize Federal agencies to create savings for the American people, and for other purposes.
AI Summary
This bill, known as the "Incentivize Savings Act", establishes new rules for how federal agencies handle unexpended funds at the end of their budget period. Specifically, when a federal agency does not spend all of its allocated funds during the designated time frame, 49% of those unspent funds will remain available for use in the next fiscal year, another 49% will be applied to paying down the public debt, and 2% will be used for retention bonuses for agency employees. The retention bonuses are capped at 10% of an employee's basic pay, and any remaining bonus funds will also go toward debt reduction. Additionally, in the fiscal year following the unexpended funds period, the agency's budget request to the Office of Management and Budget cannot exceed its previous year's budget request, with only an adjustment allowed for changes in the Consumer Price Index. The bill applies to executive branch agencies, including the U.S. Postal Service, but excludes the American National Red Cross. By creating this framework, the bill aims to incentivize federal agencies to be more efficient with their budgeted funds and provide a mechanism for potential savings and debt reduction.
Committee Categories
Government Affairs
Sponsors (69)
Richard McCormick (R)*,
Jim Baird (R),
Andy Barr (R),
Nicholas Begich (R),
Jack Bergman (R),
Sheri Biggs (R),
Lauren Boebert (R),
Josh Brecheen (R),
Tim Burchett (R),
Eric Burlison (R),
Buddy Carter (R),
Ben Cline (R),
Michael Cloud (R),
Mike Collins (R),
Eli Crane (R),
Don Davis (D),
Scott DesJarlais (R),
Byron Donalds (R),
Chuck Edwards (R),
Pat Fallon (R),
Julie Fedorchak (R),
Randy Fine (R),
Chuck Fleischmann (R),
Vince Fong (R),
Virginia Foxx (R),
Brandon Gill (R),
Carlos Giménez (R),
Lance Gooden (R),
Paul Gosar (R),
Glenn Grothman (R),
Abraham Hamadeh (R),
Pat Harrigan (R),
Diana Harshbarger (R),
Clay Higgins (R),
Erin Houchin (R),
Richard Hudson (R),
Brian Jack (R),
Ronny Jackson (R),
Dusty Johnson (R),
Nick Langworthy (R),
Mike Lawler (R),
Laurel Lee (R),
Barry Loudermilk (R),
Anna Luna (R),
Nancy Mace (R),
John McGuire (R),
Max Miller (R),
Mariannette Miller-Meeks (R),
Cory Mills (R),
Blake Moore (R),
Jared Moskowitz (D),
Burgess Owens (R),
Gary Palmer (R),
Scott Perry (R),
August Pfluger (R),
María Salazar (R),
Keith Self (R),
Pete Sessions (R),
Jefferson Shreve (R),
Adam Smith (D),
Adrian Smith (R),
Lloyd Smucker (R),
Marlin Stutzman (R),
Suhas Subramanyam (D),
William Timmons (R),
Mike Turner (R),
Beth Van Duyne (R),
Matt Van Epps (R),
Daniel Webster (R),
Last Action
Ordered to be Reported (Amended) by the Yeas and Nays: 25 - 19. (on 02/04/2026)
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/house-bill/5438/all-info |
| BillText | https://www.congress.gov/119/bills/hr5438/BILLS-119hr5438ih.pdf |
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