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S 515In committeeEconomy & Budgetsenate
A bill to repeal the Impoundment Control Act of 1974.
Introduced Feb 11, 2025 by Sen. Mike Lee
IntroducedCommitteeFloorCongressLaw
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
Latest action · Feb 11, 2025
Read twice and referred to the Committee on the Budget.
What it does
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.
Summary by the Congressional Research Service.
Roll-call votes
No floor votes yet — it hasn't reached the floor of either chamber.