Senate Bill

S. 515

119th Congress

A bill to repeal the Impoundment Control Act of 1974.

In Committee
Introduced:Feb 11, 2025

Primary Sponsor

Mike Lee

Mike Lee

Senator

Republican
UT

Cosponsors

1

Quick Stats

Policy Area

Economics and Public Finance

Summary

This bill repeals the Impoundment Control Act of 1974, which currently limits the President from withholding funds that Congress has appropriated. Repealing this law would give the executive branch more power to decline spending money Congress has allocated for specific purposes.

Latest Action

Read twice and referred to the Committee on the Budget.