S. 2618: Bonuses for Cost-Cutters Act of 2019

CBO Score


Date of Report

Thu November 21st, 2019

Legislation Details

116th Congress

A bill to strengthen employee cost savings suggestions programs within the Federal Government.

Sponsor: Sen. Rand Paul — R — KY

Authorizes agencies to pay bonuses to employees who identify unnecessary expenditures from amounts provided for agencies’ salaries and expenses. Under the bill, if an agency’s IG and Chief Financial Officer agree that funds appropriated to the agency are no longer required, then 90 percent of those surplus amounts would be transferred to the Treasury. The agency would retain 10 percent of the surplus funds and could use them to pay a bonus to employees who identified those surplus amounts, or for other authorized purposes.

View the full vote history of this bill on GovTrack.us.

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