Forgotten Funds Act has not moved since its introduction on Jun 5, 2025, with no cosponsors
IntroducedJun 5, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 41 words.
Forgotten Funds Act This bill rescinds the unobligated balances of discretionary appropriations that were provided for FY2021 or any previous fiscal year. It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction.
Context
- Committees
- House Appropriations Committee
- Policy area
- Economics and Public Finance: 71 of 1,188 bills became law, 113th–118th (6%)
- Sponsor
- 2 of 138 bills enacted since 2013
- Text versions
- 1: introduced in house · 74 words
- Latest action
- Jun 5, 2025: Referred to the House Committee on Appropriations.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]