United States · Bill · S
S. 692 (113th)
REFUND Act
Introduced
10 April 2013
Last action
—
Status
Read twice and referred to the Committee on Appropriations.
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2025
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 Requires such rescinded amounts to: (1) be deposited by the Secretary of the Treasury in the special fund account entitled "Gifts to Reduce Debt Held by the Public, Bureau of the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.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 10 April 2013
Introduced in Senate (PDF)
Introduced in Senate · EN · 10 April 2013
Introduced in Senate
summary · EN · 10 April 2013
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/113th-congress/senate-bill/692
- Open data entity: https://api.congress.gov/v3/bill/113/s/692