End-of-Year Fiscal Responsibility Act

Joni Ernst

Republican · IA · Senator

Source: Congress.gov · FEC

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Committee on Small Business and Entrepreneurship. Hearings held.

2026-03-18

Source: Congress.gov

Based on the vague title and referral to the Small Business Committee, this bill likely addresses government spending, budget management, or fiscal accountability measures that could affect federal agencies and small businesses. The specific details of what spending cuts, budget reforms, or oversight changes it would make are unclear from the title alone, but the focus on "fiscal responsibility" suggests it aims to reduce government waste or improve how federal money is spent. Hearings before the Small Business Committee indicate the proposal may have particular implications for how regulations or spending decisions impact small business owners and entrepreneurs.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4059 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4059 To provide requirements for Executive agency spending at the end of a fiscal year, and for other purposes. _______________________________________________________________________ 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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