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S. 515: A bill to repeal the Impoundment Control Act of 1974.

A Senate bill (S.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeSenate bill (S.)
Originating chamberSenate
Introduced2025-02-11
SponsorSen. Lee, Mike [R-UT]
Policy areaEconomics and Public Finance
Cosponsors1
Latest action2025-02-11 — Read twice and referred to the Committee on the Budget.
Last updated2025-12-05

Summary

Official summary (Introduced in Senate, 2025-02-11):

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. 

Cosponsors (1)

NameParty / state
Rick Scott R FL 2025-02-12

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 515 are published by Congress on congress.gov.

View S. 515 on congress.gov →

Frequently asked questions

What is S. 515?

S. 515 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: A bill to repeal the Impoundment Control Act of 1974..

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for S. 515 are available on congress.gov.

Bill data: congress.gov API (official congressional records).