Impoundment Control Act

Enacted in 1974 after high-profile impoundment disputes, the Impoundment Control Act sets the only lawful process for the executive branch (via the President/OMB) to delay or cancel appropriated funds.

Since enactment, presidents have repeatedly proposed rescissions—more than 1,100 in total, with approximately $25 billion approved by Congress. 

Knowing the steps—and the timelines—helps you gauge risk to grants, formula programs, and
pass-through awards to states and local governments.