H.R. 3785 — Introduced in House

I 119th CONGRESS 1st Session H. R. 3785 IN THE HOUSE OF REPRESENTATIVES June 5, 2025Mr. 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. 1. Short title This Act may be cited as the Forgotten Funds Act. 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discretionary appropriations made available for fiscal year 2021 and any previous fiscal year are hereby permanently rescinded. (b) Use for deficit reduction Any amounts rescinded under subsection (a) shall be deposited in the general fund of the Treasury for the sole purpose of deficit reduction.