A bill to terminate certain authority of the executive branch of the Government which is subject to congressional review unless that authority is approved by an enactment of the Congress.

Terminates the head of an agency's authority (formerly subject to congressional veto) to make advance or progress payments in excess of a specified amount under a defense contract for property or services unless the exercise of such authority is approved by an enactment of Congress within 180 days after enactment of this Act.