Title: Billion Dollar Boondoggle Act of 2019
Policy area: Government Operations and Politics

Summary:
Billion Dollar Boondoggle Act of 2019
This bill requires the Office of Management and Budget (OMB) to submit annual reports to Congress that include specified details regarding certain federally funded projects that are (1) 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. The reports must also be posted on the OMB website and included with the President's budget.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 565 Introduced in Senate (IS)]

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116th CONGRESS
  1st Session
                                 S. 565

   To require the Director of the Office of Management and Budget to 
 submit to Congress an annual report on projects that are over budget 
              and behind schedule, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 26, 2019

   Mrs. Ernst (for herself, Mr. Braun, and Mr. Paul) introduced the 
 following bill; which was read twice and referred to the Committee on 
               Homeland Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
   To require the Director of the Office of Management and Budget to 
 submit to Congress an annual report on projects that are over budget 
              and behind schedule, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Billion Dollar Boondoggle Act of 
2019''.

SEC. 2. ANNUAL REPORT.

    (a) Definition of Covered Agency.--In this section, the term 
``covered agency'' means--
            (1) an Executive agency, as defined in section 105 of title 
        5, United States Code; and
            (2) an independent regulatory agency, as defined in section 
        3502 of title 44, United States Code.
    (b) Requirement.--Not later than 1 year after the date of enactment 
of this Act, and every year thereafter, the Director of the Office of 
Management and Budget shall submit to Congress and post on the website 
of the Office of Management and Budget a report on each project funded 
by a covered agency--
            (1) that is more than 5 years behind schedule; or
            (2) 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.
    (c) Contents.--Each report submitted and posted under subsection 
(b) shall include, for each project included in the report--
            (1) a brief description of the project, including--
                    (A) the purpose of the project;
                    (B) each location in which the project is carried 
                out;
                    (C) the year in which the project was initiated;
                    (D) the Federal share of the total cost of the 
                project; and
                    (E) each primary contractor, subcontractor, grant 
                recipient, and subgrantee recipient of the project;
            (2) an explanation of any change to the original scope of 
        the project, including by the addition or narrowing of the 
        initial requirements of the project;
            (3) the original expected date for completion of the 
        project;
            (4) the current expected date for completion of the 
        project;
            (5) the original cost estimate for the project, as adjusted 
        to reflect increases in the Consumer Price Index for All Urban 
        Consumers, as published by the Bureau of Labor Statistics;
            (6) the current cost estimate for the project, as adjusted 
        to reflect increases in the Consumer Price Index for All Urban 
        Consumers, as published by the Bureau of Labor Statistics;
            (7) an explanation for a delay in completion or increase in 
        the original cost estimate for the project; and
            (8) the amount of and rationale for any award, incentive 
        fee, or other type of bonus, if any, awarded for the project.
    (d) Submission With Budget.--Section 1105(a) of title 31, United 
States Code, is amended by adding at the end the following:
            ``(40) the report required under section 2(b) of the 
        Billion Dollar Boondoggle Act of 2019 for the calendar year in 
        which the fiscal year covered by the budget begins.''.
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