This Act may be cited as the No More D.C. Waste Act.

(a) Prohibition Any portion of a Federal payment to the District of Columbia for a fiscal year for a program of District of Columbia resident tuition support which remains unobligated as of the end of the fiscal year shall lapse and shall not be available after the fiscal year. (b) Conforming amendments to District of Columbia College Access program (1) Public school program Section 3(i) of the District of Columbia College Access Act of 1999 (sec. 38–2702(i), D.C. Official Code) is amended by striking Such funds shall remain available until expended.. (2) Private school program Section 5(f) of such Act (sec. 38–2704(f), D.C. Official Code) is amended by striking Such funds shall remain available until expended.. (c) Effective date This section and the amendments made by this section shall apply with respect to funds appropriated for fiscal year 2016 or any succeeding fiscal year.

Not later than 60 days after the end of each fiscal year for which a Federal payment is made to the District of Columbia for a program of resident tuition support (beginning with fiscal year 2026), the Chief Financial Officer of the District of Columbia shall submit a report to Congress on the use of the payment during that fiscal year, and shall include in the report the following information: (1) The number of payments made on behalf of students under the program during the fiscal year. (2) The average amount of financial assistance provided with each such Federal payment. (3) The amount of the Federal payment which remained unobligated (if any) as of the end of the fiscal year.