H.R. 3785 explained  ·  119th Congress  ·  Pending in Congress

Forgotten Funds Act

Create a free account or sign in to follow H.R. 3785 and get alerts. Policy area: Economics and Public Finance Create a free account or sign in to follow the Economics and Public Finance policy area and get alerts. ▲ 501 days since action Sponsor: David Schweikert, AZ-01, R → Congress.gov

Cosponsors: none · per Congress.gov, 2026-10-11

Introduced: 2025-06-05

Latest action (2025-06-05): Referred to the House Committee on Appropriations.

What H.R. 3785 does, in plain terms

Forgotten Funds Act 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 It also requires the rescinded funds to be deposited into the Treasury for the sole purpose of deficit reduction.

Official summary by the Congressional Research Service, via Congress.gov.

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