119-s766

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 766 Reported in Senate

    (RS) ]

<DOC>

 Calendar No. 254
119th CONGRESS
 1st Session
 S. 766

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

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 February 27, 2025

 Ms. Ernst (for herself, Ms. Hassan, and Mrs. Moody) introduced the 
 following bill; which was read twice and referred to the Committee on 
 Homeland Security and Governmental Affairs

 November 3, 2025

 Reported by Mr. Paul, without amendment

_______________________________________________________________________

 A BILL

 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.
 Calendar No. 254

119th CONGRESS

 1st Session

 S. 766

_______________________________________________________________________

 A BILL

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

_______________________________________________________________________

 November 3, 2025

 Reported without amendment