S 766
Became law
Requires the Office of Management and Budget to publish an annual report on federally funded projects that are more than five years behind schedule or at least $1 billion over their original cost estimate.
Official title: Billion Dollar Boondoggle Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Received
15-DEC-2025
Passed
16-SEP-2026
Senate
Introduced
27-FEB-2025
Referred
27-FEB-2025
Approved by committee
30-JUL-2025
Reported
03-NOV-2025
On the calendar
03-NOV-2025
Passed
11-DEC-2025
President
Presented
29-SEP-2026
Signed
07-OCT-2026
Became law
07-OCT-2026
- Covers projects funded by executive agencies and independent regulatory agencies that are not funded through direct spending.
- Requires each covered agency to report each project's purpose, locations, contractors, original and current completion dates, original and current cost estimates adjusted for inflation, reasons for delays or overruns, and any bonuses awarded.
- Directs the Office of Management and Budget to issue reporting guidance within one year of enactment, then submit the annual report to Congress and post it on its website.
Current. The Congressional Research Service's summary covers the bill's latest wording (Public Law, 07-OCT-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Homeland Security and Governmental Affairs Committee (Senate)
- Small Business and Entrepreneurship Committee (Senate)
Government Operations and Politics
■ 2 R■ 2 D
2 Democrats
2 Republicans