S.1378 - Bonuses for Cost-Cutters Act of 2015114th Congress (2015-2016) |
| Sponsor: | Sen. Paul, Rand [R-KY] (Introduced 05/19/2015) |
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| Committees: | Senate - Homeland Security and Governmental Affairs |
| Latest Action: | 05/25/2016 Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. (All Actions) |
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This bill has the status Introduced
Here are the steps for Status of Legislation:
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Subject — Policy Area:
- Government Operations and Politics
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Summary (1)
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Text (1)
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Actions (2)
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Titles (2)
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Amendments (0)
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Cosponsors (15)
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Committees (1)
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Related Bills (1)
Summary: S.1378 — 114th Congress (2015-2016)All Bill Information (Except Text)
There is one summary for S.1378. Bill summaries are authored by CRS.
Shown Here:
Introduced in Senate (05/19/2015)
Bonuses for Cost-Cutters Act of 2015
Expands the awards program for disclosures by federal employees of fraud, waste, or mismanagement that result in cost savings to the employee's agency to include identification of surplus funds or unnecessary budget authority. Directs that any savings resulting from the identification of such funds or budget authority be deposited in the Treasury and used to reduce a budget deficit or the federal debt. Permits the head of an agency to retain up to 10% of such savings for the purpose of paying cash awards to employees who identify surplus funds or unnecessary budget authority.
Prohibits the payment of awards to: (1) federal officers who serve in a position at level I of the Executive Schedule; (2) the head of an agency; or (3) a commissioner, board member, or other voting member of an independent establishment.