118th Congress · HOUSE BILLBILL

H.R. 564Saving Taxpayers’ Money and Paying America’s Debt Act

To rescind the unobligated balance of appropriations made by the American Rescue Plan Act of 2021.

Economics and public finance
Introduced Jan 26, 2023
Last action Jan 26, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jan 26, 2023
Step 2
Referred
Jan 26, 2023
Oversight
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill rescinds unobligated funds that were provided by the American Rescue Plan Act of 2021 and requires the funds to be used for the sole purpose of deficit reduction. (The American Rescue Plan Act of 2021 provided funding to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses.)

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Jan 26, 2023
Introduced in House
Jan 26, 2023
Referred to the House Committee on Oversight and Accountability.