Introduced:
Jun 26, 2025
Policy Area:
Economics and Public Finance
Congress.gov:
Bill Statistics
2
Actions
1
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Jun 26, 2025
Read twice and referred to the Committee on Appropriations.
Summaries (1)
Introduced in Senate
- Jun 26, 2025
00
<p><strong>Pay Down the Debt Act</strong></p><p>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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.</p>
Actions (2)
Read twice and referred to the Committee on Appropriations.
Type: IntroReferral
| Source: Senate
Jun 26, 2025
Introduced in Senate
Type: IntroReferral
| Source: Library of Congress
| Code: 10000
Jun 26, 2025
Subjects (1)
Economics and Public Finance
(Policy Area)
Cosponsors (1)
(R-FL)
Jun 26, 2025
Jun 26, 2025
Full Bill Text
Length: 1,632 characters
Version: Introduced in Senate
Version Date: Jun 26, 2025
Last Updated: Nov 12, 2025 6:18 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2187 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2187
To rescind amounts appropriated for grants that are not accepted by a
State or local government and use the amounts for deficit reduction.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 26 (legislative day, June 24), 2025
Ms. Lummis (for herself and Mr. Scott of Florida) introduced the
following bill; which was read twice and referred to the Committee on
Appropriations
_______________________________________________________________________
A BILL
To rescind amounts appropriated for grants that are not accepted by a
State or local government and use the amounts for deficit reduction.
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]
[S. 2187 Introduced in Senate
(IS) ]
<DOC>
119th CONGRESS
1st Session
S. 2187
To rescind amounts appropriated for grants that are not accepted by a
State or local government and use the amounts for deficit reduction.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 26 (legislative day, June 24), 2025
Ms. Lummis (for herself and Mr. Scott of Florida) introduced the
following bill; which was read twice and referred to the Committee on
Appropriations
_______________________________________________________________________
A BILL
To rescind amounts appropriated for grants that are not accepted by a
State or local government and use the amounts for deficit reduction.
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 ``Pay Down the Debt Act''.
SEC. 2.
GOVERNMENTS.
(a) In General.--If a State or local government does not accept
amounts that are to be awarded to the State or local government under a
grant from the Federal Government, an amount equal to the amount to be
awarded to the State or local government shall be rescinded from the
applicable appropriation account.
(b) Use for Deficit Reduction.--Amounts rescinded under subsection
(a) shall be deposited in the general fund of the Treasury for the sole
purpose of deficit reduction.
<all>
(a) In General.--If a State or local government does not accept
amounts that are to be awarded to the State or local government under a
grant from the Federal Government, an amount equal to the amount to be
awarded to the State or local government shall be rescinded from the
applicable appropriation account.
(b) Use for Deficit Reduction.--Amounts rescinded under subsection
(a) shall be deposited in the general fund of the Treasury for the sole
purpose of deficit reduction.
<all>