Pentagon can erase records of failed depot investments.
H.R. 10046 — DEPOTS Act · Filed by Michael Cloud (R-TX) · 1 cosponsor · Introduced Aug 6, 2026 · Referred to committee
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What it does
The bill lets the Defense Secretary write off failed investments in military depots. This happens when the armed forces change a depot's mission. The write-offs only affect internal Pentagon records, not money owed to outside contractors. Any cash spent from revolving funds must be recovered. The bill does not require the Pentagon to tell Congress which assets failed. It does not require telling the public either.
Who it affects
The bill affects the Pentagon and military depots. It does not directly cut public services. However, taxpayers may not learn which projects failed or how much money was lost.
One thing to notice
The Pentagon can erase records of failed investments without telling Congress or the public. Taxpayers may not find out which assets failed, why they failed, or how much money was lost.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Democrats.
- Aug 6, 2026 — Introduced · Congress.gov: “Introduced in House”
- Aug 6, 2026 — Referred to House Committee on Armed Services · Congress.gov: “Referred to the House Committee on Armed Services”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- revolving funds — Money that an agency uses and then gets back when it sells things or charges for services.
- write off — To erase a debt or loss from records and stop trying to collect it.
- mission — The main job or purpose that a military unit or base is supposed to do.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (1,135 characters) on Aug 9, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-23.
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