| Bill | HR 1011 |
|---|---|
| Type of Legislation | House Bill |
| Congress | 118 |
| Status | Archived — 118th Congress concluded |
| Source | View original on Congress.gov |
Geographic Scope
National
Description
Audit and Return It Act
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The bill also requires the unobligated funds to be (1) rescinded on the date the OMB report is issued, and (2) deposited into the Treasury for the sole purpose of deficit reduction.
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.
Bill Title
Audit and Return It Act
Linked Goals
Steps
- 2023-02-14: Referred 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.
- 2023-02-14: Referred 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.
- 2023-02-14: Introduced in House
- 2023-02-14: Introduced in House
Projected Outcome
A more informed proposal or public response aligned with the Promote General Welfare goal.