PAID Act

Summary

Paying America's Inflationary Debts Act or the PAID Act This bill rescinds specified unobligated funds that were provided by the American Rescue Plan Act of 2021, which was enacted to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses. Specifically, the bill rescinds specified funds that were provided for state, territorial, local, and tribal governments; emergency rental assistance; the State Small Business Credit Initiative; Federal Transit Administration grants; the Coronavirus Capital Projects Fund; and global health activities and programs. The bill also requires the rescinded funds to be used for deficit reduction.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

2. 10 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 May 2022

   Introduced

   Referred to the Committee on Oversight and Reform, and in addition to the Committees on Financial Services, Transportation and Infrastructure, and Foreign Affairs, 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.

   Source: IntroReferral

4. 11 May 2022

   Referred

   Referred to the Subcommittee on Highways and Transit.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 10 May 2022 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 May 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 10 May 2022

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 10 May 2022

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  Vertaal document

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Sponsors

• Rep. Carter, Earl L. "Buddy" [R-GA-1] · R · Sponsor
• Rep. Perry, Scott [R-PA-10] · R · Sponsor
• Sen. Mullin, Markwayne [R-OK] · R · Sponsor
• Rep. Higgins, Clay [R-LA-3] · R · Sponsor
• Rep. Boebert, Lauren [R-CO-4] · R · Sponsor
• Rep. Mace, Nancy [R-SC-1] · R · Sponsor
• Rep. Norman, Ralph [R-SC-5] · R · Sponsor
• Rep. Posey, Bill [R-FL-8] · R · Sponsor
• Rep. Gohmert, Louie [R-TX-1] · R · Sponsor
• Rep. Donalds, Byron [R-FL-19] · R · Sponsor
• Rep. Grothman, Glenn [R-WI-6] · R · Cosponsor
• Chris Jacobs · R · Cosponsor
• Rep. McClintock, Tom [R-CA-5] · R · Cosponsor
• Rep. Obernolte, Jay [R-CA-23] · R · Cosponsor
• Rep. Babin, Brian [R-TX-36] · R · Cosponsor
• Rep. Gibbs, Bob [R-OH-7] · R · Cosponsor
• · hspw00 · Standing
• · hsfa00 · Standing
• · hsba00 · Standing
• · hsgo00 · Standing

Related records

• related to ← Strengthening School Security for Students Act