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S 1009 112th Congress Senate Economics and Public Finance Appropriations Budget deficits and national debt Intergovernmental relations State and local finance

REFUND Act

Introduced: June 16, 2011 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2011
Read twice and referred to the Committee on Appropriations.
May 17, 2011
Introduced in Senate
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 Plain-English summary Congressional Research Service

Returned Exclusively For Unpaid National Debt Act or REFUND Act - Rescinds unwanted amounts, as identified by a state from a projected allocation, from any federal funds required to be allocated by formula among all states that agree to use them for a specified purpose.

Prescribes a procedure by which a state legislature may identify a projected federal allocation as unwanted funds.

Requires such rescinded amounts to: (1) be deposited by the Secretary of the Treasury in the special fund account entitled "Gifts to Reduce Debt Held by the Public, Bureau of the Public Debt, Treasury"; and (2) be used to reduce the federal debt.

What's happening now May 17, 2011

Read twice and referred to the Committee on Appropriations.

 Related & companion bills 1
  • HR 1358 Identical bill REFUND Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Republican 9
R
Boozman, John
Arkansas · Jun 16, 2011
 R
Cornyn, John
Texas · Jun 16, 2011
 R
McConnell, Mitch
Kentucky · Jun 16, 2011
 R
Thune, John
South Dakota · Jun 16, 2011
 R
Risch, James E.
Idaho · May 24, 2011
 R
Barrasso, John
Wyoming · May 18, 2011
 R
Johnson, Ron
Wisconsin · May 18, 2011
 R
Lee, Mike
Utah · May 18, 2011
 R
Paul, Rand
Kentucky · May 18, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1009: REFUND Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-1009/
MLA
"S. 1009: REFUND Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1009/.
Bluebook (legal)
S. 1009, 112th Cong. (2026), https://openamerica.io/bill/112-S-1009/.
Markdown link
[S. 1009: REFUND Act](https://openamerica.io/bill/112-S-1009/)
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