A bill to repeal the Impoundment Control Act of 1974.

S. 515 proposes to repeal the Impoundment Control Act of 1974, a law that has restricted presidential authority to impound, or withhold from spending, funds that Congress has appropriated. If enacted, this bill would remove those restrictions, potentially giving the President greater discretion over how and when to spend money that Congress has authorized.

Currently, the Impoundment Control Act also establishes procedures that allow Congress to consider and vote on any rescissions, or cancellations, of spending that the President proposes. Repealing this law would eliminate these congressional procedures as well. The practical effect would be a significant shift in power over federal spending from Congress to the President, allowing the executive branch to make independent decisions about which appropriated funds to use.

This bill is currently in the early stages of the legislative process, having been introduced in the Senate in February 2025. It has been referred to committee and has not yet been voted on by the full chamber.