What does Preamble of Billion Dollar Boondoggle Act of 2025 do?

This Act requires an annual report of taxpayer-funded projects The report focuses on projects that are over budget and behind schedule

What does SHORT TITLE. of Billion Dollar Boondoggle Act of 2025 do?

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

What does ANNUAL REPORT. of Billion Dollar Boondoggle Act of 2025 do?

This section establishes requirements for an annual report on taxpayer-funded projects. The report will cover 'covered projects,' defined as those more than five years behind schedule or exceeding their original cost estimate by at least $1 billion. Covered agencies include Executive agencies and independent regulatory agencies. The Director of the Office of Management and Budget (OMB) is responsible for issuing guidance and compiling the annual report. Covered agencies must submit information on each covered project, including descriptions, timelines, cost estimates, and explanations for delays or cost increases. The Director will submit the annual report to Congress and publish it on the OMB website.

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Billion Dollar Boondoggle Act of 2025

Last updated: 3/18/2026 · Introduced: 2/27/2025

Author: Joni Ernst (R-IA)

TL;DR (AI)

This bill mandates an annual report detailing taxpayer-funded projects exceeding original cost estimates by $1 billion or delayed by more than five years.
The report will cover projects within Executive and independent regulatory agencies, requiring them to submit detailed information on timelines, costs, and explanations for issues.
The Office of Management and Budget (OMB) will compile and submit the report to Congress and publish it online.

119th Congresspassed senateHR. 1722(In Committee)Official page

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Other Sections

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

3 sections

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