H.R. 3785In Committee

Forgotten Funds Act

Introduced: Jun 5, 2025

Latest action date: Jun 5, 2025

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Executive Summary

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 It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction. 

Latest Action

Referred to the House Committee on Appropriations.

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