REFUND Act
Latest action · Jan 15, 2013 Referred to the House Committee on Appropriations.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 15, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Returned Exclusively For Unpaid National Debt Act or REFUND Act - Rescinds unwanted amounts, as identified by a state from a projected allocation, from any federal funds required to be allocated by formula among all states that agree to use them for a specified purpose.
Prescribes a procedure by which a state legislature may identify a projected federal allocation as unwanted funds.
Requires such rescinded amounts to: (1) be deposited by the Secretary of the Treasury in the special fund account entitled "Gifts to Reduce Debt Held by the Public, Bureau of the Public Debt, Treasury"; and (2) be used to reduce the federal debt.
Cosponsors 33
Members who signed on, in the order they did. Signatures ran from Feb 4, 2013 to Jul 22, 2013.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-LA | Bill Cassidy | Feb 4, 2013 | |
| R-TX | Michael C. Burgess | Feb 4, 2013 | |
| R-FL | Richard B. Nugent | Feb 4, 2013 | |
| R-MI | Dan Benishek | Feb 6, 2013 | |
| R-GA | Lynn A. Westmoreland | Feb 6, 2013 | |
| R-OH | Steve Stivers | Feb 6, 2013 | |
| R-OR | Greg Walden | Feb 12, 2013 | |
| R-NC | Virginia Foxx | Feb 12, 2013 | |
| R-CO | Cory Gardner | Feb 13, 2013 | |
| R-WY | Cynthia M. Lummis | Feb 13, 2013 | |
| R-TN | David P. Roe | Feb 13, 2013 | |
| R-CA | Doug LaMalfa | Feb 13, 2013 | |
| R-CO | Doug Lamborn | Feb 13, 2013 | |
| R-MI | Kerry L. Bentivolio | Feb 13, 2013 | |
| R-TN | Marsha Blackburn | Feb 13, 2013 |
Actions 2
Everything that happened, newest first.
- Jan 15, 2013Introduced in House
- Jan 15, 2013Referred to the House Committee on Appropriations.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 692 | REFUND Act | Identical bill | Apr 10, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Jan 15, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.