What does Preamble of HR 1722 do?

This bill requires an annual report of taxpayer-funded projects that are over budget and behind schedule. The bill was introduced in the House of Representatives on February 27, 2025, by Mrs. Miller-Meeks.

What does SHORT TITLE. of HR 1722 do?

This bill is formally titled the Billion Dollar Boondoggle Act of 2025.

What does ANNUAL REPORT. of HR 1722 do?

This section establishes requirements for an annual report concerning covered projects. Covered agencies, defined as Executive and independent regulatory agencies, must submit information on covered projects to the Director of the Office of Management and Budget (OMB). A 'covered project' is defined as either being more than five years behind schedule or exceeding its original cost estimate by at least $1 billion. The required information includes a description of the project, changes to its scope, completion dates, cost estimates, explanations for delays or cost increases, and details on awarded bonuses. The Director must compile this information into an annual report and submit it to Congress and post it on the OMB website.

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Billion Dollar Boondoggle Act of 2025 — HR. 1722

Last updated: 2/27/2025 · Introduced: 2/27/2025

Author: Mariannette Miller-Meeks (R-IA)

TL;DR (AI)

Federal agencies must annually report on projects exceeding $1 billion in cost overruns or delayed by more than five years.
The report, compiled by the Office of Management and Budget (OMB), will detail project scope changes, timelines, costs, and reasons for delays or increased expenses.
Congress and the public will have access to this annual report, which will be posted on the OMB website.

119th Congressin committeeS. 766(Passed Senate)Official page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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