<?xml version="1.0" encoding="UTF-8" standalone="no"?><?xml-stylesheet type="text/css" href="uslm.css"?><statuteCompilation xmlns="http://schemas.gpo.gov/xml/uslm" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:gpo="http://www.gpo.gov/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" style="-uslm-dtd:statute" xml:lang="en" xsi:schemaLocation="http://schemas.gpo.gov/xml/uslm https://www.govinfo.gov/schemas/xml/uslm/uslm-2.0.13.xsd">
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        <dc:title>Billion Dollar Boondoggle Act of 2025</dc:title>
        <citableAsShortTitle>Billion Dollar Boondoggle Act of 2025</citableAsShortTitle>
        <docNumber/>
        <currentThroughPublicLaw>119–120</currentThroughPublicLaw>
        <dc:type>Statute Compilation</dc:type>
        <dc:creator>United States House of Representatives</dc:creator>
        <dc:creator>Office of the Legislative Counsel</dc:creator>
        <dc:format>text/xml</dc:format>
        <dc:language>EN</dc:language>
        <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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        <processedDate>2026-10-23</processedDate>
        <containsShortTitle>Billion Dollar Boondoggle Act of 2025</containsShortTitle>
        <property role="fileId">18495</property>
        <congress>119</congress>
        <approvedDate>2026-10-07</approvedDate>
    </meta>
    <preface style="-uslm-dtd:compilation-act-form">
        <property role="compShortTitle" style="-uslm-dtd:comp-short-title">Billion Dollar Boondoggle Act of 2025</property>
        <citationNote style="-uslm-dtd:public-law">[(<citableAs>Public Law 119–120</citableAs>)]</citationNote>
        <editionNote style="-uslm-dtd:updated-through-note">[This law has not been amended]</editionNote>
        <explanationNote style="-uslm-dtd:explanatory-note"><b>[</b>Currency: This publication is a compilation of the text of Public Law 119–120. It was last amended by the public law listed in the As Amended Through note above and below at the bottom of each page of the pdf version and reflects current law through the date of the enactment of the public law listed at https://www.govinfo.gov/app/collection/comps/<b>]</b></explanationNote>
        <explanationNote style="-uslm-dtd:explanatory-note"><b>[</b>Note: While this publication does  not represent an official version of any Federal statute, substantial efforts have been made to ensure the accuracy of its contents. The official version of Federal law is found in the United States Statutes at Large and in the United States Code. The legal effect to be given to the Statutes at Large and the United States Code is established by statute (1 U.S.C. 112, 204).<b>]</b></explanationNote>
    </preface>
    <main style="-uslm-dtd:legis-body"><longTitle><docTitle style="-uslm-dtd:legis-type">AN ACT</docTitle><officialTitle style="-uslm-dtd:official-title">To require an annual report of taxpayer-funded projects that are over budget and behind schedule.</officialTitle></longTitle><enactingFormula style="-uslm-dtd:enacting-clause">Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,</enactingFormula>
        <section identifier="/us/sComp/119/120/s1" style="-uslm-dtd:section" styleType="OLC">
            <num style="-uslm-dtd:enum" value="1">SECTION 1. </num><editorialNote role="uscRef" style="-uslm-dtd:usc-reference"><b>[</b><ref href="/us/usc/t31/s501">31 U.S.C. 501 note</ref><b>]</b> </editorialNote><heading style="-uslm-dtd:header">SHORT TITLE. </heading>
            <content class="block" style="-uslm-dtd:text">This Act may be cited as the “<shortTitle style="-uslm-dtd:quote">Billion Dollar Boondoggle Act of 2025</shortTitle>”.</content>
        </section>
        <section identifier="/us/sComp/119/120/s2" style="-uslm-dtd:section" styleType="OLC">
            <num style="-uslm-dtd:enum" value="2">SEC. 2. </num><heading style="-uslm-dtd:header">ANNUAL REPORT. </heading>
            <subsection identifier="/us/sComp/119/120/s2/a" style="-uslm-dtd:subsection" styleType="OLC">
                <num style="-uslm-dtd:enum" value="a">(a) </num><heading style="-uslm-dtd:header">Definitions.—</heading><chapeau style="-uslm-dtd:text">In this section—</chapeau>
                <paragraph identifier="/us/sComp/119/120/s2/a/1" style="-uslm-dtd:paragraph" styleType="OLC">
                    <num style="-uslm-dtd:enum" value="1">(1) </num><chapeau style="-uslm-dtd:text">the term “<quotedText style="-uslm-dtd:quote">covered agency</quotedText>” means—</chapeau>
                    <subparagraph identifier="/us/sComp/119/120/s2/a/1/A" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="A">(A) </num><content style="-uslm-dtd:text">an Executive agency, as defined in section 105 of title 5, United States Code; and</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/a/1/B" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="B">(B) </num><content style="-uslm-dtd:text">an independent regulatory agency, as defined in section 3502 of title 44, United States Code;</content>
                    </subparagraph>
                </paragraph>
                <paragraph identifier="/us/sComp/119/120/s2/a/2" style="-uslm-dtd:paragraph" styleType="OLC">
                    <num style="-uslm-dtd:enum" value="2">(2) </num><chapeau style="-uslm-dtd:text">the term “<quotedText style="-uslm-dtd:quote">covered project</quotedText>” means a project funded by a covered agency—</chapeau>
                    <subparagraph identifier="/us/sComp/119/120/s2/a/2/A" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="A">(A) </num><content style="-uslm-dtd:text">that is more than 5 years behind schedule, as measured against the original expected date for completion; or</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/a/2/B" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="B">(B) </num><content style="-uslm-dtd:text">for which the amount spent on the project is not less than $1,000,000,000 more than the original cost estimate for the project;</content>
                    </subparagraph>
                </paragraph>
                <paragraph identifier="/us/sComp/119/120/s2/a/3" style="-uslm-dtd:paragraph" styleType="OLC">
                    <num style="-uslm-dtd:enum" value="3">(3) </num><content style="-uslm-dtd:text">the term “<quotedText style="-uslm-dtd:quote">Director</quotedText>” means the Director of the Office of Management and Budget; and</content>
                </paragraph>
                <paragraph identifier="/us/sComp/119/120/s2/a/4" style="-uslm-dtd:paragraph" styleType="OLC">
                    <num style="-uslm-dtd:enum" value="4">(4) </num><content style="-uslm-dtd:text">the term “<quotedText style="-uslm-dtd:quote">project</quotedText>” means a major acquisition, a major defense acquisition program (as defined in section 4201 of title 10, United States Code), a procurement, a construction project, a remediation or clean-up effort, or any other time-limited endeavor, that is not funded through direct spending (as defined in section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 900(c))).</content>
                </paragraph>
            </subsection>
            <subsection identifier="/us/sComp/119/120/s2/b" style="-uslm-dtd:subsection" styleType="OLC">
                <num style="-uslm-dtd:enum" value="b">(b) </num><heading style="-uslm-dtd:header">Requirements.—</heading>
                <paragraph identifier="/us/sComp/119/120/s2/b/1" style="-uslm-dtd:paragraph" styleType="OLC">
                    <num style="-uslm-dtd:enum" value="1">(1) </num><heading style="-uslm-dtd:header">Submission.—</heading><chapeau style="-uslm-dtd:text">Not later than 1 year after the date of enactment of this Act, the Director shall issue guidance requiring covered agencies to, on an annual basis, submit to the Director information relating to each covered project of the covered agency, which shall include—</chapeau>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/A" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="A">(A) </num><chapeau style="-uslm-dtd:text">a brief description of the covered project, including—</chapeau>
                        <clause identifier="/us/sComp/119/120/s2/b/1/A/i" style="-uslm-dtd:clause" styleType="OLC">
                            <num style="-uslm-dtd:enum" value="i">(i) </num><content style="-uslm-dtd:text">the purpose of the covered project;</content>
                        </clause>
                        <clause identifier="/us/sComp/119/120/s2/b/1/A/ii" style="-uslm-dtd:clause" styleType="OLC">
                            <num style="-uslm-dtd:enum" value="ii">(ii) </num><content style="-uslm-dtd:text">each location in which the covered project is carried out;</content>
                        </clause>
                        <clause identifier="/us/sComp/119/120/s2/b/1/A/iii" style="-uslm-dtd:clause" styleType="OLC">
                            <num style="-uslm-dtd:enum" value="iii">(iii) </num><content style="-uslm-dtd:text">the contract or award number of the covered project, where applicable;</content>
                        </clause>
                        <clause identifier="/us/sComp/119/120/s2/b/1/A/iv" style="-uslm-dtd:clause" styleType="OLC">
                            <num style="-uslm-dtd:enum" value="iv">(iv) </num><content style="-uslm-dtd:text">the year in which the covered project was initiated;</content>
                        </clause>
                        <clause identifier="/us/sComp/119/120/s2/b/1/A/v" style="-uslm-dtd:clause" styleType="OLC">
                            <num style="-uslm-dtd:enum" value="v">(v) </num><content style="-uslm-dtd:text">the Federal share of the total cost of the covered project; and</content>
                        </clause>
                        <clause identifier="/us/sComp/119/120/s2/b/1/A/vi" style="-uslm-dtd:clause" styleType="OLC">
                            <num style="-uslm-dtd:enum" value="vi">(vi) </num><content style="-uslm-dtd:text">each primary contractor, subcontractor, grant recipient, and subgrantee recipient of the covered project;</content>
                        </clause>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/B" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="B">(B) </num><content style="-uslm-dtd:text">an explanation of any change to the original scope of the covered project, including by the addition or narrowing of the initial requirements of the covered project;</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/C" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="C">(C) </num><content style="-uslm-dtd:text">the original expected date for completion of the covered project;</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/D" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="D">(D) </num><content style="-uslm-dtd:text">the current expected date for completion of the covered project;</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/E" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="E">(E) </num><content style="-uslm-dtd:text">the original cost estimate for the covered project, as adjusted to reflect increases in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics;</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/F" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="F">(F) </num><content style="-uslm-dtd:text">the current cost estimate for the covered project, as adjusted to reflect increases in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics;</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/G" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="G">(G) </num><content style="-uslm-dtd:text">an explanation for a delay in completion or an increase in the original cost estimate for the covered project, including, where applicable, any impact of insufficient or delayed appropriations; and</content>
                    </subparagraph>
                    <subparagraph identifier="/us/sComp/119/120/s2/b/1/H" style="-uslm-dtd:subparagraph" styleType="OLC">
                        <num style="-uslm-dtd:enum" value="H">(H) </num><content style="-uslm-dtd:text">the amount of and rationale for any award, incentive fee, or other type of bonus, if any, awarded for the covered project.</content>
                    </subparagraph>
                </paragraph>
                <paragraph identifier="/us/sComp/119/120/s2/b/2" style="-uslm-dtd:paragraph" styleType="OLC">
                    <num style="-uslm-dtd:enum" value="2">(2) </num><heading style="-uslm-dtd:header">Report.—</heading><content style="-uslm-dtd:text">The Director shall submit to Congress and post on the website of the Office of Management and Budget an annual report containing the information submitted under paragraph (1) for the relevant year.</content>
                </paragraph>
            </subsection>
        </section>
    </main>
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