Introduced:
Jun 5, 2025
Policy Area:
Economics and Public Finance
Congress.gov:
Bill Statistics
3
Actions
0
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Jun 5, 2025
Referred to the House Committee on Appropriations.
Summaries (1)
Introduced in House
- Jun 5, 2025
00
<p><strong>Forgotten Funds Act</strong></p><p>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 It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction. </p>
Actions (3)
Referred to the House Committee on Appropriations.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Jun 5, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Jun 5, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Jun 5, 2025
Subjects (1)
Economics and Public Finance
(Policy Area)
Full Bill Text
Length: 1,440 characters
Version: Introduced in House
Version Date: Jun 5, 2025
Last Updated: Nov 14, 2025 6:17 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3785 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 3785
To rescind certain unobligated discretionary appropriations and require
that such funds be used for Federal budget deficit reduction, and for
other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 5, 2025
Mr. Schweikert introduced the following bill; which was referred to the
Committee on Appropriations
_______________________________________________________________________
A BILL
To rescind certain unobligated discretionary appropriations and require
that such funds be used for Federal budget deficit reduction, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 3785 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 3785
To rescind certain unobligated discretionary appropriations and require
that such funds be used for Federal budget deficit reduction, and for
other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 5, 2025
Mr. Schweikert introduced the following bill; which was referred to the
Committee on Appropriations
_______________________________________________________________________
A BILL
To rescind certain unobligated discretionary appropriations and require
that such funds be used for Federal budget deficit reduction, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Forgotten Funds Act''.
SEC. 2.
(a) Rescission of Unobligated Funds.--The unobligated balances of
any discretionary appropriations made available for fiscal year 2021
and any previous fiscal year are hereby permanently rescinded.
(b) Use for Deficit Reduction.--Any amounts rescinded under
subsection
(a) shall be deposited in the general fund of the Treasury
for the sole purpose of deficit reduction.
<all>