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HR 3785 119th Congress House Economics and Public Finance

Forgotten Funds Act

Introduced: June 5, 2025 Introduced by: Schweikert, David Republican · Arizona See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2025
Referred to the House Committee on Appropriations.
Jun 5, 2025
Introduced in House
 Plain-English summary Congressional Research Service

Forgotten Funds Act

This bill rescinds the unobligated balances of discretionary appropriations that were provided for FY2021 or any previous fiscal year. It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction. 

What's happening now June 5, 2025

Referred to the House Committee on Appropriations.

 Committees of jurisdiction 1