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S. 4662

BillFederalSenateIn Committee
To strengthen congressional oversight of the Administrative Pay-As-You-Go Act of 2023, and for other purposes.
About This Bill
Committee
Latest Action · July 10, 2024
Read twice and referred to the Committee on the Budget.
Congress
118th (2023–2025)
Introduced
July 10, 2024
Cosponsors (1)
0D 1R
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Summary

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The SAP Act of 2024 strengthens congressional oversight of the Administrative Pay-As-You-Go Act of 2023, which requires executive branch actions that increase spending to be budget neutral. The bill requires the Director of the Office of Management and Budget to submit detailed reports to Congress whenever waivers are granted from the budget neutrality requirement, explaining the waiver's necessity and its budgetary impact. It also lowers the threshold for which administrative actions must comply with the law, now requiring review of any action that increases direct spending by at least $100 million in a single year or $1 billion over ten years, with all actions below these thresholds still subject to budget reporting. Additionally, the bill makes the Administrative Pay-As-You-Go Act permanent by removing its sunset provision and requires the president's annual budget submission to include information about waiver determinations granted in the prior year and expected in the future.

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