119th Congress · SENATE BILLBILL

S. 515A bill to repeal the Impoundment Control Act of 1974.

A bill to repeal the Impoundment Control Act of 1974.

Economics and public finance
Introduced Feb 11, 2025
Last action Feb 11, 2025
Pipeline · Bill → Law
Step 1
Introduced
Feb 11, 2025
Step 2
Referred
Feb 11, 2025
the Budget
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill repeals the Impoundment Control Act of 1974 (ICA). The ICA generally limits the authority of the President to impound (i.e., withhold from obligation or expenditure) funds that have been appropriated by Congress and establishes related procedures. It also establishes expedited legislative procedures that Congress may use to consider legislation to enact rescissions proposed by the President. 

Provisions · 1 sectionsIntroduced in Senate
Timeline · 2 actions
Feb 11, 2025
Introduced in Senate
Feb 11, 2025
Read twice and referred to the Committee on the Budget.