H.R. 3785IntroducedHouse · nowSenatePresidentLawIn committeeSec. 2 · H.R. 3785
Rescission of unobligated funds
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(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discretionary appropriations made available for fiscal year 2021 and any previous fiscal year are hereby permanently rescinded. (b) Use for deficit reduction Any amounts rescinded under subsection (a) shall be deposited in the general fund of the Treasury for the sole purpose of deficit reduction.