To rescind certain unobligated balances, and for other purposes.

Bill: 118-hr-3673
Sponsor: full_name: Rep. Biggs, Andy [R-AZ-5]
Introduced: 2023-05-25
Policy area: Economics and Public Finance
Latest action: action_date: 2023-05-25
text: Referred to the Committee on Ways and Means, 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.

Summaries:
action_date: 2023-05-25
action_desc: Introduced in House
text: <p><strong>Biden Time Act of 2023</strong></p><p>This bill rescinds certain&nbsp;unobligated funds that were provided to address COVID-19 and for activities of the Internal Revenue Service (IRS).&nbsp;</p><p>Specifically, the bill rescinds unobligated funds that were provided by&nbsp;</p><ul><li>the American Rescue Plan Act of 2021;</li><li>the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020;</li><li>the Families First Coronavirus Response Act;</li><li>the Coronavirus Aid, Relief, and Economic Security Act (CARES Act);</li><li>the Paycheck Protection Program and Health Care Enhancement Act; and</li><li>Divisions M and N of the Consolidated Appropriations Act, 2021.</li></ul><p>The bill also rescinds specified unobligated funds that were provided for activities of the IRS by the Inflation Reduction Act of 2022.</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 3673 IN THE HOUSE OF REPRESENTATIVES May 25, 2023 Mr. Biggs (for himself, Mr. Rosendale , Mr. Norman , Mr. Perry , Mr. Cloud , Mr. Harris , Mr. Ogles , Mr. Good of Virginia , Mr. Brecheen , and Mr. Gaetz ) introduced the following bill; which was referred to the Committee on Ways and Means , 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 A BILL To rescind certain unobligated balances, and for other purposes.

1. Short title This Act may be known as the Biden Time Act of 2023 . 2. Rescission of unobligated coronavirus funds The unobligated balances of amounts appropriated or otherwise made available by the American Rescue Plan Act of 2021 ( Public Law 117–2 ), and by each of Public Laws 116–123, 116–127, 116–136, and 116–139 and divisions M and N of Public Law 116–260 , are hereby permanently rescinded. 3. Rescission of certain balances made available to the internal revenue service The unobligated balances of amounts appropriated or otherwise made available for activities of the Internal Revenue Service by paragraphs (1)(A)(ii), (1)(A)(iii), (1)(B), (2), (3), (4), and (5) of section 10301 of Public Law 117–169 (commonly known as the Inflation Reduction Act of 2 2022 ) as of the date of the enactment of this Act are rescinded.