S 1739
117th Congress
Senate
Economics and Public Finance
Appropriations
Budget deficits and national debt
State and local finance
State and local government operations
Pay Down the Debt Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2021
Read twice and referred to the Committee on Appropriations.
May 20, 2021
Introduced in Senate
Plain-English summary
Pay Down the Debt Act
This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.
What's happening now
Read twice and referred to the Committee on Appropriations.
Committees of jurisdiction
1
Cosponsors
1