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S 1329 115th Congress Senate Economics and Public Finance Budget deficits and national debt Debt collection Executive agency funding and structure

RECOUP Act

Introduced: June 8, 2017 Introduced by: Fischer, Deb Republican · Nebraska See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2017
Read twice and referred to the Committee on Finance.
Jun 8, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

REcovering and COllecting Unclaimed federal Property Act of 2017 or the RECOUP Act

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 June 8, 2017

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1