S 515
119th 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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2025
Read twice and referred to the Committee on the Budget.
Feb 11, 2025
Introduced in Senate
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Plain-English summary
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
Read twice and referred to the Committee on the Budget.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). S. 515: A bill to repeal the Impoundment Control Act of 1974.. 119th Congress. Open America. https://openamerica.io/bill/119-S-515/
"S. 515: A bill to repeal the Impoundment Control Act of 1974.." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-515/.
S. 515, 119th Cong. (2026), https://openamerica.io/bill/119-S-515/.
[S. 515: A bill to repeal the Impoundment Control Act of 1974.](https://openamerica.io/bill/119-S-515/)