Returning Unspent COVID Funds Act

Summary

Returning Unspent COVID Funds Act This bill rescinds certain unobligated funds that were provided to address COVID-19 and requires the funds to be used for deficit reduction.  Specifically, the bill rescinds unobligated funds that were provided by  the American Rescue Plan Act of 2021; Divisions M and N of the Consolidated Appropriations Act, 2021; the Paycheck Protection Program and Health Care Enhancement Act; the Coronavirus Aid, Relief, and Economic Security Act (CARES Act); the Families First Coronavirus Response Act; and the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020. Funds rescinded by this bill must remain in the Treasury to be used for the sole purpose of deficit reduction. The bill allows the President to waive the required rescission for an account or program if a notice waiving the rescission for the account or program is submitted to the House Budget Committee and the Senate Finance Committee no later than 60 days after the enactment of this bill.

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

Timeline

1. 7 November 2025

   Introduced

   Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

   Source: Calendars

2. 7 November 2025

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 8 November 2025

   Calendars

   Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 266.

   Source: Calendars

Votes

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Versions

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Documents

2 official files

• Placed on Calendar Senate

  Placed on Calendar Senate · EN · 8 November 2025

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 November 2025

  Open at official source

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Sponsors

• Sen. Ernst, Joni [R-IA] · R · Sponsor
• Sen. Blackburn, Marsha [R-TN] · R · Sponsor
• Sen. Ricketts, Pete [R-NE] · R · Cosponsor
• Sen. Scott, Rick [R-FL] · R · Cosponsor

Related records

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