,,ii  #aaith ,,congress  #ast ,session  
,s4 #gff  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,february #bg1      
#bjbe,ms4 ,ernst introduced the         
following bill2 which was read twice and
 referred to the ,committee on ,homeland
 ,security and ,governmental ,affairs   
,a ,,bill  ,to require an annual report 
of taxpayer-funded projects that are    
over budget and behind schedule4  #a4   
,short title ,this ,act may be cited as 
the ,billion ,dollar ,boondoggle ,act of
 #bjbe4  #b4 ,annual report  7a7        
,definitions ,in this section-- 7#a7 the
 term covered agency means-- 7,a7 an    
,executive agency1 as defined in section
 #aje of title #e1 ,united ,states      
,code2 and  7,b7 an independent         
regulatory agency1 as defined in section
 #cejb of title #dd1 ,united ,states    
,code2  7#b7 the term covered project   
means a project funded by a covered     
agency-- 7,a7 that is more than #e years
 behind schedule1 as measured against   
the original expected date for          

completion2 or  7,b7 for which the      
amount spent on the project is not less 
than #a1jjj1jjj1jjj more than the       
original cost estimate for the project2 
7#c7 the term ,director means the       
,director of the ,office of ,management 
and ,budget2 and  7#d7 the term project 
means a major acquisition1 a major      
defense acquisition program 7as defined 
in section #dbja of title #aj1 ,united  
,states ,code71 a procurement1 a        
construction project1 a remediation or  
clean-up effort1 or any other           
time-limited endeavor1 that is not      
funded through direct spending 7as      
defined in section #bej7;c7 of the      
,balanced ,budget and ,emergency        
,deficit ,control ,act of #aihe 7#b     
,u4,s4,c4 #ijj7;c7774  7b7 ,requirements
  7#a7 ,submission ,not later than #a   
year after the date of enactment of this
 ,act1 the ,director shall issue        
guidance requiring covered agencies to1 
on an annual basis1 submit to the       
,director information relating to each  

covered project of the covered agency1  
which shall include-- 7,a7 a brief      
description of the covered project1     
including-- 7i7 the purpose of the      
covered project2  7ii7 each location in 
which the covered project is carried    
out2  7iii7 the contract or award number
 of the covered project1 where          
applicable2  7iv7 the year in which the 
covered project was initiated2  7v7 the 
,federal share of the total cost of the 
covered project2 and  7vi7 each primary 
contractor1 subcontractor1 grant        
recipient1 and subgrantee recipient of  
the covered project2  7,b7 an           
explanation of any change to the        
original scope of the covered project1  
including by the addition or narrowing  
of the initial requirements of the      
covered project2  7,c7 the original     
expected date for completion of the     
covered project2  7,d7 the current      
expected date for completion of the     
covered project2  7,e7 the original cost
 estimate for the covered project1 as   

adjusted to reflect increases in the    
,consumer ,price ,index for ,all ,urban 
,consumers1 as published by the ,bureau 
of ,labor ,statistics2  7,f7 the current
 cost estimate for the covered project1 
as adjusted to reflect increases in the 
,consumer ,price ,index for ,all ,urban 
,consumers1 as published by the ,bureau 
of ,labor ,statistics2  7,g7 an         
explanation for a delay in completion or
 an increase in the original cost       
estimate for the covered project1       
including1 where applicable1 any impact 
of insufficient or delayed              
appropriations2 and  7,h7 the amount of 
and rationale for any award1 incentive  
fee1 or other type of bonus1 if any1    
awarded for the covered project4  7#b7  
,report ,the ,director shall submit to  
,congress and post on the website of the
 ,office of ,management and ,budget an  
annual report containing the information
 submitted under paragraph 7#a7 for the 
relevant year4