HR 3785 · 119th Congress · Economics and Public Finance

Forgotten Funds Act

Introduced 2025-06-05· Sponsored by Rep. Schweikert, David [R-AZ-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Appropriations.(2025-06-05)

Plain Language Summary

[AI summary unavailable — showing source text] 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 It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction. …

Summarized by Claude AI · Non-partisan · For informational purposes only