119th Congress · SENATE BILLBILL

S. 2187 — Pay Down the Debt Act

“A bill to rescind amounts appropriated for grants that are not accepted by a State or local government and use the amounts for deficit reduction.”

Economics and public finance

Introduced Jun 26, 2025

Last action Jun 26, 2025

Pipeline · Bill → Law

Step 1

Introduced

Jun 26, 2025

Step 2

Referred

Jun 26, 2025

Appropriations

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jun 26, 2025

Introduced in Senate

Jun 26, 2025

Read twice and referred to the Committee on Appropriations.