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S 766 — Billion Dollar Boondoggle Act of 2025

S 766 is a measure before Congress. This page is what Rallybase holds about it and the date each part of it was read.

This bill requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have exceeded the original cost estimate. (Summary by the Congressional Research Service, version Introduced in Senate, 2025-02-27.)

The source's latest action on it, dated 2026-09-16, reads: "Motion to reconsider laid on the table Agreed to without objection.".

Identifier
S 766
Level
Federal
Jurisdiction
the United States
Session
119
Chamber, from the bill number
Senate
Where that identifier comes from
Congress 119 — from the bill's congress.gov identifier.
Latest action, as the source published it
Motion to reconsider laid on the table Agreed to without objection. (2026-09-16)
Read on

Summary by the Congressional Research Service

Billion Dollar Boondoggle Act of 2025

This bill requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have exceeded the original cost estimate.

Specifically, the bill requires OMB to issue guidance directing federal agencies to annually submit specified information to OMB regarding certain federally funded projects that (1) are more than five years behind schedule, or (2) have expenditures that are at least $1 billion more than the original cost estimate for the project.

Among other information, the agencies must submit to OMB

a description of each project;

an explanation of any change to the original scope of the project;

the original and current expected dates for the completion of the project;

the original and current cost estimates adjusted for inflation;

an explanation for any delays in completing the project or increases in the cost; and

the amount of and rationale for any award, incentive fee, or other type of bonus awarded for the project.

The bill also requires OMB to submit an annual report to Congress containing the information submitted by the agencies and post the report on the OMB website.

Summary by the Congressional Research Service, version Introduced in Senate, 2025-02-27.

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