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S. 766

Billion Dollar Boondoggle Act of 2025

Small Business and Entrepreneurship Committee, Homeland Security and Governmental Affairs Committee · Sen. Joni Ernst (R-IA)

Official summary (Congressional Research Service, Public Law): Billion Dollar Boondoggle Act

This act 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 act 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 act 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.

Signed by Pres. Trump 7 October 2026

Record as of 7 October 2026 — the most recent action in the official record. Status can lag; each step below carries its own date.

  1. 7 October 2026 Signed by Pres. Trump

    What's next: Takes effect (on enactment unless the text sets other dates)

  2. 7 October 2026 Became Public Law
  3. 29 September 2026 Presented to President
  4. 16 September 2026 Passed House (voice vote)
  5. 8 more actions
    1. 16 September 2026 Motion to reconsider laid on the table Agreed to without objection.
    2. 16 September 2026 DEBATE - The House proceeded with forty minutes of debate on S. 766.
    3. 16 September 2026 Considered under suspension of the rules. (consideration: CR H5930-5931)
    4. 16 September 2026 Mr. Comer moved to suspend the rules and pass the bill.
    5. 18 March 2026 Committee on Small Business and Entrepreneurship. Hearings held.
    6. 15 December 2025 Held at the desk.
    7. 15 December 2025 Received in the House.
    8. 15 December 2025 Message on Senate action sent to the House.
  6. 11 December 2025 Passed Senate (unanimous consent)
  7. 3 November 2025 Reported by committee
  8. 3 November 2025 Placed on calendar (Senate)
  9. 1 more action
    1. 30 July 2025 Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
  10. 27 February 2025 Referred to committee
  11. 27 February 2025 Introduced in Senate
This path starts where the bill does — its first action in the official record. Routine procedural steps sit in the “more actions” rows above rather than on the main line.

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