S. 4059Senate119th Congress (2025-2027)In Committee

End-of-Year Fiscal Responsibility Act

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Updated March 21, 2026 at 4:11 AM UTC

The End-of-Year Fiscal Responsibility Act sets rules for how federal executive agencies can use discretionary funds in the last two months of a fiscal year. It caps monthly spending to the average of the prior ten months, aiming to prevent a rush of end‑of‑year spending, and requires agencies to report that spending publicly. The law does not apply to spending for national security or disaster relief.

Key Provisions

During the last two months of each fiscal year, an executive agency may not spend more in any month than the average monthly amount it spent in the preceding ten months, unless the spending is for national security or disaster relief.
Each agency must, within 60 days after the fiscal year ends, give Congress and post online an itemized list of the discretionary spending it made during those final two months.

Legislative Activity

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2 earlier actions

SenateCommittee Latest Action

Committee on Small Business and Entrepreneurship. Hearings held.

Small Business and Entrepreneurship Committee

March 18, 2026

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SenateIntro Referral

Introduced in Senate

March 11, 2026

SenateIntro Referral

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Homeland Security and Governmental Affairs Committee

March 11, 2026

SenateCommittee

Committee on Small Business and Entrepreneurship. Hearings held.

Small Business and Entrepreneurship Committee

March 18, 2026

Bill Text

Latest available legislative text

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Introduced in SenateIssued March 11, 2026

119th CONGRESS

2d Session

S. 4059

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.

Short title

This Act may be cited as the End-of-Year Fiscal Responsibility Act.

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.

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.