This bill would erase the Impoundment Control Act of 1974 from federal law. In simple terms, it repeals that entire law. If enacted, the Impoundment Control Act would no longer be in effect.

Key points:

• What changes: Repeals the Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.)
• What it means: That law would be removed from the books if this bill becomes law