119-HR3785

Forgotten Funds Act

Last action was on 6-5-2025

Bill is currently in: House
Path to Law
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Current status is Referred to the House Committee on Appropriations.

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119th CONGRESS

1st Session

H. R. 3785

1. Short title
2. Rescission of unobligated funds

1. Short title

This Act may be cited as the "Forgotten Funds Act".


2. Rescission of unobligated funds

(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discretionary appropriations made available for fiscal year 2021 and any previous fiscal year are hereby permanently rescinded.

(b) Use for deficit reduction - Any amounts rescinded under shall be deposited in the general fund of the Treasury for the sole purpose of deficit reduction.