End-of-Year Fiscal Responsibility Act

Summary

Limits how much federal executive agencies can obligate from discretionary accounts during the two months before the end of a fiscal year by capping monthly obligations at each agency’s average monthly discretionary obligations from the prior 10 months. National security activities and disaster relief are excepted. Agencies must post an itemized list of discretionary obligations made during that two-month covered period within 60 days after the fiscal year ends.

• Sets a monthly cap on discretionary obligations during the two months before fiscal year-end based on the prior 10-month average.
• Defines the "covered period" as the two months immediately preceding the fiscal year end.
• Exempts national security activities and disaster relief from the monthly obligation caps.
• Requires agencies to publicly post an itemized list of discretionary obligations made during the covered period within 60 days after year-end.
• Does not change authorization or appropriation amounts, nor does it alter tax law.
• Applies to Executive agencies as defined in title 5, U.S. Code, and uses the statutory definition of discretionary appropriations.
• Aims to limit year-end obligational spending spikes and increase transparency around end-of-year obligations.
• No enforcement penalties or funding for implementation are specified in the provided text.