HR 5438 · 119th Congress

Incentivize Savings Act

This bill creates a new system to reward federal agencies for spending less money than they're given. Here's how it works: when a federal agency doesn't spend all the money Congress gives it by the end of the year, instead of losing that money, the agency gets to keep 49 percent of the unspent funds to use the follo…

Sponsor

McCormick, Richard (R-Georgia)

Introduced

2025-09-17

Policy area

Economics and Public Finance

Latest action

Ordered to be Reported (Amended) by the Yeas and Nays: 25 - 19.