CUTS Act

Bill: 118-hr-8777
Sponsor: full_name: Rep. Bean, Aaron [R-FL-4]
Introduced: 2024-06-18
Policy area: Economics and Public Finance
Latest action: action_date: 2024-06-18
text: Referred to the Committee on Oversight and Accountability, and in addition to the Committees on Appropriations, and Transportation and Infrastructure, 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:

tv_txt: I 118th CONGRESS 2d Session H. R. 8777 IN THE HOUSE OF REPRESENTATIVES June 18, 2024 Mr. Bean of Florida (for himself, Mr. Babin , Mr. Banks , Mr. Biggs , Mr. Bishop of North Carolina , Ms. Boebert , Mr. Burlison , Mr. Collins , Mr. Crane , Mr. Duncan , Mr. Dunn of Florida , Mr. Fitzgerald , Mr. Gaetz , Mr. Good of Virginia , Mr. Gooden of Texas , Mr. Grothman , Mr. Harris , Mr. LaMalfa , Mr. Luttrell , Mr. McClintock , Mr. Meuser , Mrs. Miller of Illinois , Mr. Mills , Mr. Moore of Alabama , Mr. Nehls , Mr. Norman , Mr. Owens , Mr. Posey , Mr. Self , Mr. Wenstrup , Mr. Fulcher , and Mr. Brecheen ) introduced the following bill; which was referred to the Committee on Oversight and Accountability , and in addition to the Committees on Appropriations , and Transportation and Infrastructure , 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 unobligated COVID–19 relief funds and certain infrastructure funds to offset the cost of the supplemental foreign assistance made available for fiscal year 2024, and for other purposes.

1. Short titles This Act may be cited as any of the following: (1) The Cutting Unobligated Tumultuous Spending Act . (2) The CUTS Act . (3) The De-Supplemental Act . 2. Rescissions (a) COVID–19 Rescissions (1) In general The unobligated balances of any COVID–19 relief funds are hereby rescinded to the extent that the sum of such rescinded funds does not exceed the total amount appropriated under the following Acts: (A) The Israel Security Supplemental Appropriations Act, 2024 (Division A of Public Law 118–50 ). (B) The Ukraine Security Supplemental Appropriations Act, 2024 (Division B of Public Law 118–50 ). (C) The Indo-Pacific Security Supplemental Appropriations Act, 2024 (division C of Public Law 118–50 ). (2) COVID– 19 relief funds defined In this section, the term COVID–19 relief funds means any funds appropriated or otherwise made available by— (A) the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 ( Public Law 116–123 ); (B) the CARES Act ( Public Law 116–136 ); (C) the Paycheck Protection Program and Health Care Enhancement Act ( Public Law 116–139 ); (D) the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (Division M of Public Law 116–260 ); (E) division N of the Consolidated Appropriations Act, 2021 ( Public Law 116–260 ); or (F) the American Rescue Plan Act of 2021 ( Public Law 117–2 ). (b) Infrastructure Rescissions Any unobligated funds appropriated to any of the following are hereby rescinded: (1) The Education Stabilization Fund under the heading Department of Education in title VIII of division B of the CARES Act ( Public Law 116–136 ; 134 Stat. 564). (2) The Congestion Mitigation and Air Quality Improvement Program established in section 149 of title 23, United States Code. (3) The Carbon Reduction Program established in section 175 of title 23, United States Code. (4) The PROTECT Program established in section 176 of title 23, United States Code.