Billion Dollar Boondoggle Act of 2023

In the House of Representatives, U. S., July 22, 2024. Resolved, That the bill from the Senate (S. 1258) enti- tled ‘‘An Act to require the Director of the Office of Manage- ment and Budget to submit to Congress an annual report on projects that are over budget and behind schedule, and for other purposes.’’, do pass with the following AMENDMENT: Strike out all after the enacting clause and insert: SECTION 1. SHORT TITLE. 1 This Act may be cited as the ‘‘Billion Dollar Boon- 2 doggle Act of 2023’’. 3 SEC. 2. ANNUAL REPORT. 4 (a) DEFINITIONS.—In this section— 5 (1) the term ‘‘covered agency’’ means— 6 (A) an Executive agency, as defined in sec- 7 tion 105 of title 5, United States Code; and 8 (B) an independent regulatory agency, as 9 defined in section 3502 of title 44, United States 10 Code; 11 (2) the term ‘‘covered project’’ means a project 12 funded by a covered agency— 13 2 •S 1258 EAH (A) that is more than 5 years behind sched- 1 ule, as measured against the original expected 2 date for completion; or 3 (B) for which the amount spent on the 4 project is not less than $1,000,000,000 more than 5 the original cost estimate for the project; and 6 (3) the term ‘‘project’’ means a major acquisi- 7 tion, a major defense acquisition program (as defined 8 in section 4201 of title 10, United States Code), a 9 procurement, a construction project, a remediation or 10 clean-up effort, or any other time-limited endeavor, 11 that is not funded through direct spending (as defined 12 in section 250(c) of the Balanced Budget and Emer- 13 gency Deficit Control Act of 1985 (2 U.S.C. 900(c))). 14 (b) REQUIREMENT.—Not later than 1 year after the 15 date of enactment of this Act, the Director of the Office of 16 Management and Budget shall issue guidance requiring 17 covered agencies to include, on an annual basis in a report 18 described in paragraph (2) of section 3516(a) of title 31, 19 United States Code, or a consolidated report described in 20 paragraph (1) of such section, information relating to each 21 covered project of the covered agency, which shall include— 22 (1) a brief description of the covered project, in- 23 cluding— 24 (A) the purpose of the covered project; 25 3 •S 1258 EAH (B) each location in which the covered 1 project is carried out; 2 (C) the contract or award number of the 3 covered project, where applicable; 4 (D) the year in which the covered project 5 was initiated; 6 (E) the Federal share of the total cost of the 7 covered project; and 8 (F) each primary contractor, subcontractor, 9 grant recipient, and subgrantee recipient of the 10 covered project; 11 (2) an explanation of any change to the original 12 scope of the covered project, including by the addition 13 or narrowing of the initial requirements of the cov- 14 ered project; 15 (3) the original expected date for completion of 16 the covered project; 17 (4) the current expected date for completion of 18 the covered project; 19 (5) the original cost estimate for the covered 20 project, as adjusted to reflect increases in the Con- 21 sumer Price Index for All Urban Consumers, as pub- 22 lished by the Bureau of Labor Statistics; 23 (6) the current cost estimate for the covered 24 project, as adjusted to reflect increases in the Con- 25 4 •S 1258 EAH sumer Price Index for All Urban Consumers, as pub- 1 lished by the Bureau of Labor Statistics; 2 (7) an explanation for a delay in completion or 3 an increase in the original cost estimate for the cov- 4 ered project, including, where applicable, any impact 5 of insufficient or delayed appropriations; and 6 (8) the amount of and rationale for any award, 7 incentive fee, or other type of bonus, if any, awarded 8 for the covered project. 9 (c) FORM.—If any information required under sub- 10 section (b) is classified, such information may be submitted 11 in the form of a classified annex consistent with the protec- 12 tion of sources and methods. 13 Attest: Clerk. 118TH CONGRESS 2D SESSION S. 1258 AMENDMENT