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US SB515
Bill
AI Summary
- Repeals the Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.) in its entirety
- Introduced by Senator Lee on February 11, 2025, and referred to the Committee on the Budget
- The Impoundment Control Act of 1974 currently requires the President to spend funds appropriated by Congress and limits executive authority to withhold or delay spending
- Repeal would restore presidential authority to impound (refuse to spend) congressionally appropriated funds
Legislative Description
A bill to repeal the Impoundment Control Act of 1974.
Economics and public finance
Last Action
Read twice and referred to the Committee on the Budget.
2/11/2025
Committee Referrals
Budget2/11/2025
Full Bill Text
No bill text available