Billion Dollar Boondoggle Act of 2025
Latest action (7 Oct 2026): Signed by President.
What this bill does
The Billion Dollar Boondoggle Act of 2025, now enacted into law, requires federal agencies to annually report on large taxpayer-funded projects that face significant cost overruns or delays. Specifically, a "covered project" is defined as one where the cost has exceeded its original estimate by at least $1 billion, or if it is more than five years behind its original completion schedule. This applies to various projects like major acquisitions, construction, and clean-up efforts.
The law affects Executive agencies and independent regulatory agencies. These agencies must collect and submit detailed information about each qualifying project to the Director of the Office of Management and Budget (OMB). This information includes project purpose, location, original and current cost estimates, original and current completion dates, explanations for delays or cost increases, and details about contractors.
The Director of OMB is responsible for issuing guidance to these agencies and then compiling an annual report containing this project information. This report must be submitted to Congress and made publicly available on the OMB website. The bill was introduced in 2025 and was signed into law by the President in October 2026.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill was enacted after being signed by the President on October 7, 2026.
Timeline
7 Oct 2026
Signed by President.
16 Sep 2026
On motion to suspend the rules and pass the bill Agreed to by voice vote.
11 Dec 2025
Passed Senate without amendment by Unanimous Consent.
30 Jul 2025
Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
Common questions
- What does S. 766 do?
- The Billion Dollar Boondoggle Act of 2025, now enacted into law, requires federal agencies to annually report on large taxpayer-funded projects that face significant cost overruns or delays. Specifically, a "covered project" is defined as one where the cost has exceeded its original estimate by at least $1 billion, or if it is more than five years behind its original completion schedule. This applies to various projects like major acquisitions, construction, and clean-up efforts. The law affects Executive agencies and independent regulatory agencies. These agencies must collect and submit detailed information about each qualifying project to the Director of the Office of Management and Budget (OMB). This information includes project purpose, location, original and current cost estimates, original and current completion dates, explanations for delays or cost increases, and details about contractors. The Director of OMB is responsible for issuing guidance to these agencies and then compiling an annual report containing this project information. This report must be submitted to Congress and made publicly available on the OMB website. The bill was introduced in 2025 and was signed into law by the President in October 2026.
- Has S. 766 become law?
- Yes. S. 766 has been enacted. Status last updated 7 Oct 2026.
- Who sponsored S. 766?
- S. 766 was sponsored by Sen. Joni Ernst [R-IA] (Republican-IA), with 0 cosponsors.
- What's the latest action on S. 766?
- Signed by President. (7 Oct 2026).
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