[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 1739 Introduced in Senate (IS)]

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117th CONGRESS
  1st Session
                                S. 1739

 To rescind amounts appropriated for grants that are not accepted by a 
  State or local government and use the amounts for deficit reduction.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 20, 2021

   Ms. Lummis (for herself and Mr. Scott of Florida) introduced the 
 following bill; which was read twice and referred to the Committee on 
                             Appropriations

_______________________________________________________________________

                                 A BILL


 
 To rescind amounts appropriated for grants that are not accepted by a 
  State or local government and use the amounts for 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 ``Pay Down the Debt Act''.

SEC. 2. RESCISSION OF GRANT FUNDS NOT ACCEPTED BY STATES AND LOCAL 
              GOVERNMENTS.

    (a) In General.--If a State or local government does not accept 
amounts that are to be awarded to the State or local government under a 
grant from the Federal Government, an amount equal to the amount to be 
awarded to the State or local government shall be rescinded from the 
applicable appropriation account.
    (b) Use for Deficit Reduction.--Amounts rescinded under subsection 
(a) shall be deposited in the general fund of the Treasury for the sole 
purpose of deficit reduction.
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