S. 4059 · In committee · Government Operations and Politics

End-of-Year Fiscal Responsibility Act

Sponsor: Joni Ernst (R-IA)

What it does

• Limits discretionary appropriations obligated by Executive agencies during the two months before fiscal year-end to no more than the average monthly amount obligated in the preceding ten months.
• Requires each Executive agency to submit to Congress and post publicly an itemized list of discretionary appropriations obligated during the end-of-fiscal-year period within 60 days of fiscal year close.
• Exempts national security-related activities and disaster relief efforts from the spending-cap requirement.

Latest action

Mar 18, 2026: Committee on Small Business and Entrepreneurship. Hearings held.

Committee: Senate Small Business and Entrepreneurship