Hi @dataman1818 and welcome to the forum.
The work is still in flux, but it looks like you can get warnings if you’re on canary or experimental, but not beta, when you get close to the quota that’s given either by your cloud storage provider or (if they have none) you.
Check this, and what it says (which I could be misreading) seems to be progressing through the change log.
I’m not aware of anything that goes beyond warnings, though the link I referenced did talk of it, and also the distinction between total provider quota, and a quota that you might want to add for some individual backup.
If you find a forum topic that fits, feel free to offer input. That’s one good thing about early development. 