Bonuses for Cost-Cutters Act of 2025

Hozzl · 2025-02-12T02:53:17Z

Explore the details of House Bill 428 Bonuses for Cost-Cutters Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/12/2025, 2:53 AM

Summary of Bill HR 428

Bill 119 HR 428, also known as the Cost Savings Enhancement Act, aims to amend title 5 of the United States Code to give federal agencies more authority to provide cash awards to employees who make cost-saving disclosures. The bill seeks to incentivize federal employees to identify and report opportunities for cost savings within their agencies.

The proposed legislation would allow federal agencies to offer cash awards to employees who successfully identify and report cost-saving measures that result in tangible financial benefits to the agency. These awards would serve as a way to recognize and reward employees for their efforts in helping the government operate more efficiently and effectively.

In addition to enhancing the authority for cash awards, the bill also includes provisions for other purposes related to cost-saving initiatives within federal agencies. The specifics of these additional purposes are not detailed in the summary provided. Overall, Bill 119 HR 428 aims to encourage federal employees to actively participate in identifying and implementing cost-saving measures within their agencies. By providing incentives in the form of cash awards, the bill seeks to promote a culture of efficiency and fiscal responsibility within the federal government.

Congressional Summary of HR 428

Bonuses for Cost-Cutters Act of 2025

This bill expands the awards program for cost-saving identifications by federal employees of fraud, waste, or mismanagement to include identifications of certain operational expenses that are wasteful (i.e., that are identified as wasteful by an employee and that an agency determines are not required for the purposes for which the amounts were made available). An agency must propose any identified wasteful expenses for rescission.

The bill also doubles the maximum cash award that may be made under the program.

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Current Status of Bill HR 428

Bill HR 428 is currently in the status of Bill Introduced since January 15, 2025. Bill HR 428 was introduced during Congress 119 and was introduced to the House on January 15, 2025. Bill HR 428's most recent activity was Referred to the House Committee on Oversight and Government Reform. as of January 15, 2025

Bipartisan Support of Bill HR 428

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Policy Area and Potential Impact of Bill HR 428

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Alternate Title(s) of Bill HR 428

To amend title 5, United States Code, to enhance the authority under which Federal agencies may pay cash awards to employees for making cost saving disclosures, and for other purposes.