S 3534
114th Congress
Senate
Economics and Public Finance
Budget deficits and national debt
Debt collection
Executive agency funding and structure
A bill to amend title 31, United States Code, to permit the Secretary of the Treasury to locate and recover certain assets of the United States Government.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 8, 2016
Read twice and referred to the Committee on Finance.
Dec 8, 2016
Introduced in Senate
Plain-English summary
This bill authorizes the Department of the Treasury to: (1) locate and recover assets of the U.S. government on behalf of any executive, judicial, or legislative agency; and (2) retain a portion of the amounts recovered to cover the administrative and operational costs of Treasury for locating and recovering the assets. Any savings from carrying out this bill must be transferred to the general fund of the Treasury for deficit reduction.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1