CLOSE Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3760 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3760 To amend the CARES Act to terminate unemployment insurance benefit payments under such Act and to rescind unobligated balances of amounts appropriated for the purpose of such payments, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 2, 2026 Mr. Husted (for himself and Mr. Cassidy) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the CARES Act to terminate unemployment insurance benefit payments under such Act and to rescind unobligated balances of amounts appropriated for the purpose of such payments, 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. SHORT TITLE. This Act may be cited as the ``Clawing back Lapsed Obligations from State Emergency programs Act'' or the ``CLOSE Act''. SEC. 2. RESCISSION OF CA…