HR. 3785In Committee

Forgotten Funds Act

Rescinds unobligated discretionary appropriations from FY2021 and earlier and deposits the funds in the Treasury for deficit reduction

What this bill does

Rescinds unobligated discretionary appropriations from FY2021 and earlier and deposits the funds in the Treasury for deficit reduction

Key points
  • Require Treasury deficit deposits
  • Rescind unobligated appropriations

Where it stands

Status
In Committee
Latest action
2025-06-05Referred to the House Committee on Appropriations.

Topics and policy areas

undefinedEconomics and Public Finance