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End-of-Year Fiscal Responsibility Act
To provide requirements for Executive agency spending at the end of a fiscal year, and for other purposes.
Summary
This bill limits how much discretionary funds Executive agencies can spend during the last two months of a fiscal year. Under the bill, agencies cannot obligate more in each month of the covered period than the average monthly amount obligated during the preceding 10 months. The bill requires agencies to submit an itemized report to Congress and post it publicly within 60 days after the fiscal year ends, detailing all discretionary appropriations obligated during the final two-month period. The limitations do not apply to spending for national security-related activities or disaster relief efforts. The bill is designed to prevent accelerated spending at the end of fiscal years and promote more consistent budget allocation throughout the year.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Ernst, Joni [R-IA] (R-IA)
Money behind the sponsor
Top reported contributors to Joni Ernst’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $57,653
- CAPITAL GROUP $40,000
- SOROBAN CAPITAL $13,200
- CAPITAL GROUP COMPANIES $7,500
- GOOGLE $6,800
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Joni Ernst → · Outside spending →
Actions (3)
- Mar 18, 2026 Committee on Small Business and Entrepreneurship. Hearings held. · senate
- Mar 11, 2026 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. · senate
- Mar 11, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Committee action
What happened to this bill in committee — the meetings where it was considered and every recorded vote taken on it.
Meetings where this bill was on the agenda
Full text
IN THE SENATE OF THE UNITED STATES
March 11, 2026
Ms. Ernst introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs
A BILL
To provide requirements for Executive agency spending at the end of a fiscal year, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “End-of-Year Fiscal Responsibility Act”.
SEC. 2. DEFINITIONS.
In this Act:
(1) Covered period.—The term “covered period” means the 2-month period immediately preceding the end of a fiscal year.
(2) Discretionary appropriations.—The term “discretionary appropriations” has the meaning given the term in section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 900(c)).
(3) Executive agency.—The term “Executive agency” has the meaning given the term in section 105 of title 5, United States Code.
SEC. 3. REQUIREMENTS FOR EXECUTIVE AGENCY SPENDING AT THE END OF A FISCAL YEAR.
(a) In General.—Except as provided in subsection (c), the amount of discretionary appropriations obligated by an Executive agency during each month of a covered period may not exceed the average monthly amount of discretionary appropriations obligated by the Executive agency during the 10-month period immediately preceding the covered period.
(b) Report.—Not later than 60 days after the end of each fiscal year, each Executive agency shall submit to Congress and post on a publicly available website an itemized list of discretionary appropriations obligated by the Executive agency during the covered period immediately preceding the date on which the report is submitted.
(c) Exception.—This section shall not apply with respect to any discretionary appropriations obligated by an Executive agency for national security-related activities or disaster relief efforts. <all>
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