Incentivize Savings Act
Summary
What This Bill Does
The bill establishes a three-way split of unexpended Federal agency appropriations: 49% carried forward for one additional fiscal year, 49% directed to public debt principal/interest payments, and 2% for employee retention and provides duplicate clause containing the new section 1311 to be inserted into title 31 USC - the operative text of the three-way split of unexpended appropriations (49% carryover, 49% debt reduction, 2% retention. It relies on appropriations and compliance mandates. The main policy areas are Government Spending and Government Operations.
Who Benefits and How
U.S. Treasury / public debt holders could gain revenue opportunities and Federal agency employees could gain revenue opportunities.
Who Bears the Burden and How
Federal agencies (budget authority) would take on compliance duties, Government contractors and vendors could lose revenue opportunities, and Office of Management and Budget would take on compliance duties.
Key Provisions
- Establishes a three-way split of unexpended Federal agency appropriations: 49% carried forward for one additional fiscal year, 49% directed to public debt principal/interest payments, and 2% for employee retention...
- Provides duplicate clause containing the new section 1311 to be inserted into title 31 USC - the operative text of the three-way split of unexpended appropriations (49% carryover, 49% debt reduction, 2% retention...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill establishes a three-way split of unexpended Federal agency appropriations: 49% carried forward for one additional fiscal year, 49% directed to public debt principal/interest payments, and 2% for employee retention and provides duplicate clause containing the new section 1311 to be inserted into title 31 USC - the operative text of the three-way split of unexpended appropriations (49% carryover, 49% debt reduction, 2% retention.
Key Policy Areas
Government Spending, Government Operations
Primary Purpose
The bill establishes a three-way split of unexpended Federal agency appropriations: 49% carried forward for one additional fiscal year, 49% directed to public debt principal/interest payments, and 2% for employee retention and provides duplicate clause containing the new section 1311 to be inserted into title 31 USC - the operative text of the three-way split of unexpended appropriations (49% carryover, 49% debt reduction, 2% retention.
Policy Domains
Whole bill
Identified Gains
- U.S. Treasury / public debt holders
- Federal agency employees
Identified Costs
- Federal agencies (budget authority)
- Government contractors and vendors
- Office of Management and Budget
Sponsors
Legislative Progress
ReportedOrdered to be Reported (Amended) by the Yeas and Nays: …
Committee Consideration and Mark-up Session Held
Mr. McCormick (for himself, Mr. Brecheen, Mr. Edwards, Mr. Baird, …
Referred to the Committee on Oversight and Government Reform, and …
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Federal agencies (budget authority), Federal agency employees, Office of Management and Budget
Positive-direction: Federal agency employees
Negative-direction: Federal agencies (budget authority), Office of Management and Budget
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology