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S 391 112th Congress Senate Economics and Public Finance Appropriations Budget deficits and national debt

RESET Act

Introduced: February 17, 2011 Introduced by: Moran, Jerry Republican · Kansas 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
Feb 17, 2011
Read twice and referred to the Committee on Appropriations.
Feb 17, 2011
Introduced in Senate
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 Plain-English summary Congressional Research Service

Recovering Excessive Stimulus Expenditures for Taxpayers Act or RESET Act - Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds).

Requires such rescinded appropriations to be deposited in the general fund of the Treasury for federal budget deficit reduction.

What's happening now February 17, 2011

Read twice and referred to the Committee on Appropriations.

 Related & companion bills 1
  • HR 620 Related bill Recovering Excessive Stimulus Expenditures for Taxpayers (RESET) Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 391: RESET Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-391/
MLA
"S. 391: RESET Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-391/.
Bluebook (legal)
S. 391, 112th Cong. (2026), https://openamerica.io/bill/112-S-391/.
Markdown link
[S. 391: RESET Act](https://openamerica.io/bill/112-S-391/)
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