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H.R. 7699 117th Congress House

PAID Act

Official title: To rescind certain amounts appropriated under the American Rescue Plan Act of 2021, and for other purposes.

Introduced: May 10, 2022 Introduced by: Earl L. "Buddy" Carter Republican · Georgia See on congress.gov
Economics and Public Finance AppropriationsBudget deficits and national debtBusiness investment and capitalCardiovascular and respiratory health
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Department of the TreasuryEmergency medical services and trauma careExecutive agency funding and structureForeign aid and international reliefGovernment lending and loan guaranteesHealth programs administration and fundingHealth promotion and preventive careHousing and community development fundingInfectious and parasitic diseasesLandlord and tenantPublic transitSmall businessState and local financeState and local government operationsTransportation programs fundingWorld health
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 11, 2022
Referred to the Subcommittee on Highways and Transit.
May 10, 2022
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Financial Services, Transportation and Infrastructure, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 10, 2022
Introduced in House
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 Latest action May 11, 2022

Referred to the Subcommittee on Highways and Transit.

 Plain-English summary Congressional Research Service

Paying America's Inflationary Debts Act or the PAID Act

This bill rescinds specified unobligated funds that were provided by the American Rescue Plan Act of 2021, which was enacted to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses.

Specifically, the bill rescinds specified funds that were provided for

  • state, territorial, local, and tribal governments;
  • emergency rental assistance;
  • the State Small Business Credit Initiative;
  • Federal Transit Administration grants;
  • the Coronavirus Capital Projects Fund; and
  • global health activities and programs.

The bill also requires the rescinded funds to be used for deficit reduction.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7699: PAID Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7699/
MLA
"H.R. 7699: PAID Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7699/.
Bluebook (legal)
H.R. 7699, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7699/.
Markdown link
[H.R. 7699: PAID Act](https://openamerica.io/bill/117-HR-7699/)
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