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S 5533 118th Congress Senate Economics and Public Finance Budget process Congressional-executive branch relations Legislative rules and procedure Presidents and presidential powers, Vice Presidents

A bill to repeal the Impoundment Control Act of 1974.

Introduced: December 16, 2024 Introduced by: Lee, Mike Republican · Utah See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 16, 2024
Read twice and referred to the Committee on the Budget.
Dec 16, 2024
Introduced in Senate
 Plain-English summary Congressional Research Service

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. 

What's happening now December 16, 2024

Read twice and referred to the Committee on the Budget.

 Committees of jurisdiction 1