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HR 3785In committeeEconomy & Budgethouse
Forgotten Funds Act
Introduced Jun 5, 2025 by Rep. David Schweikert
IntroducedCommitteeFloorCongressLaw
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
Latest action · Jun 5, 2025
Referred to the House Committee on Appropriations.
What it does
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 It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction.
Summary by the Congressional Research Service.
Roll-call votes
No floor votes yet — it hasn't reached the floor of either chamber.