Incentivize Savings Act

Refreshed 3 h ago

Introduced 2025-09-17Topic: budget · governance ethics · labor

Summary

Summary by the Congressional Research Service

Incentivize Savings Act This bill establishes requirements for allocating unexpended appropriations for federal agencies. If appropriations are provided to a federal agency for a definite period and the agency does not spend the funds during the period of availability, the bill requires 49% of the funds to remain available for an additional fiscal year, 49% of the funds to be used for payments of principal and interest on the public debt, and 2% of the funds to be used for retention bonuses within the agency that do not exceed 10% of an employee's basic pay. If an agency's unexpended appropriations are allocated under this bill, the agency's budget request for the fiscal year following the fiscal year in which the funds expired may not exceed the prior year's budget request with an adjustment for inflation.

Full text and official record on Congress.gov

Action history

Date	Chamber	Action	Status effect
2026-02-04	House	Ordered to be Reported (Amended) by the Yeas and Nays: 25 - 19.	refer
2026-02-04	House	Committee Consideration and Mark-up Session Held	refer
2025-09-17	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2025-09-17	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.	refer
2025-09-17		Introduced in House	introduce
2025-09-17		Introduced in House	introduce

Summary

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Action history