[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 962 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 962

To rescind certain unobligated discretionary appropriations and require 
     that such funds be used for Federal budget deficit reduction.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 8, 2011

Mr. Schweikert introduced the following bill; which was referred to the 
                      Committee on Appropriations

_______________________________________________________________________

                                 A BILL


 
To rescind certain unobligated discretionary appropriations and require 
     that such funds be used for Federal budget deficit reduction.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``The Forgotten Funds Act''.

SEC. 2. RESCISSION OF UNOBLIGATED FUNDS.

    (a) Rescission of Unobligated Funds.--The unobligated balances of 
the discretionary appropriations that were made available in fiscal 
years 2008 and earlier are rescinded.
    (b) Use for Deficit Reduction.--The amounts rescinded under 
subsection (a) shall be deposited in the general fund of the Treasury 
and used for Federal budget deficit reduction.
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