118th Congress · HOUSE BILLBILL

H.R. 1011Audit and Return It Act

To require the Director of the Office of Management and Budget to conduct an audit of any unobligated coronavirus-related funding and to rescind all such funding, and for other purposes.

Economics and public finance
Introduced Feb 14, 2023
Last action Feb 14, 2023
Pipeline · Bill → Law
Step 1
Introduced
Feb 14, 2023
Step 2
Referred
Feb 14, 2023
Appropriations · Oversight
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill establishes requirements for auditing and rescinding unobligated funds that were provided to address COVID-19. Specifically, the bill requires the Office of Management and Budget (OMB) to (1) conduct an audit of specified funds that were provided to address COVID-19, and (2) issue a report listing the unobligated funds that remain available. The bill also requires the unobligated funds to be (1) rescinded on the date the OMB report is issued, and (2) deposited into the Treasury for the sole purpose of deficit reduction. The bill applies to unobligated funds that were provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020; the Families First...

Provisions · 2 sectionsIntroduced in House
Timeline · 3 actions
Feb 14, 2023
Introduced in House
Feb 14, 2023
Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 14, 2023
Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.