Forgotten Funds Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3785 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 3785

To rescind certain unobligated discretionary appropriations and require 
 that such funds be used for Federal budget deficit reduction, and for 
                            other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              June 5, 2025

Mr. Schweikert introduced the following bill; which was referred to the 
                      Committee on Appropriations

_______________________________________________________________________

                                 A BILL


 
To rescind certain unobligated discretionary appropriations and require 
 that such funds be used for Federal budget deficit reduction, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Forgotten Funds Act''.

SEC. 2. RESCISSION OF UNOBLIGATED FUNDS.

    (a) Rescission of Unobligated Funds.--The unobligated balances of 
any discretionary appropriations made available for fiscal year 2021 
and any previous fiscal year are hereby permanently rescinded.
    (b) Use for Deficit Reduction.--Any amounts rescinded under 
subsection (a) shall be deposited in the general fund of the Treasury 
for the sole purpose of deficit reduction.
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