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Politiparty

118th Congress Economics and Public Finance

H.R. 1011: Audit and Return It Act

Introduced

  1. Introduced (completed)Feb 14, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 14, 2023

This bill establishes requirements for auditing and rescinding unobligated funds that were provided to address COVID-19.

Specifically, the bill requires the Office of Management and Budget (OMB) to (1) conduct an audit of specified funds that were provided to address COVID-19, and (2) issue a report listing the unobligated funds that remain available.

The bill also requires the unobligated funds to be (1) rescinded on the date the OMB report is issued, and (2) deposited into the Treasury for the sole purpose of deficit reduction.

Read the full summary

The bill applies to unobligated funds that were provided by

  • the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020;
  • the Families First Coronavirus Response Act;
  • the Coronavirus Aid, Relief, and Economic Security Act (CARES Act);
  • the Paycheck Protection Program and Health Care Enhancement Act;
  • Divisions M and N of the Consolidated Appropriations Act, 2021; and
  • the American Rescue Plan Act of 2021.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

19

Who scored on this bill

0 points earned

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Other bills by Brad Finstad

History

  1. Feb 14, 2023Introduced in the House by Brad Finstad.
Show the full action history (2 actions)
  1. Feb 14, 2023Introduced in House
  2. Feb 14, 2023Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.