HOUSE 1011118th CongressReferred to the Committee on Oversight and Accountability, and in addition to the Committee on Appropriations, 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.

Audit and Return It Act

Last Action: 2/14/2023

Actions

2023-02-14Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Appropriations, 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.
2023-02-14Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Appropriations, 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.
2023-02-14Introduced in House
2023-02-14Introduced in House

CRS Summary

As of 2023-02-14 (00)

Audit and Return It Act

This bill establishes requirements for auditing and rescinding unobligated funds that were provided to address COVID-19.

Specifically, the bill requires the Office of Management and Budget (OMB) to (1) conduct an audit of specified funds that were provided to address COVID-19, and (2) issue a report listing the unobligated funds that remain available.

The bill also requires the unobligated funds to be (1) rescinded on the date the OMB report is issued, and (2) deposited into the Treasury for the sole purpose of deficit reduction.

The bill applies to unobligated funds that were provided by

the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020;
the Families First Coronavirus Response Act;
the Coronavirus Aid, Relief, and Economic Security Act (CARES Act);
the Paycheck Protection Program and Health Care Enhancement Act;
Divisions M and N of the Consolidated Appropriations Act, 2021; and
the American Rescue Plan Act of 2021.

Cosponsors (19)

Paul Gosar (R-AZ)
Ralph Norman (R-SC)
Tracey Mann (R-KS)
Lauren Boebert (R-CO)
Jay Obernolte (R-CA)
Michael Burgess (R-TX)
Mary Miller (R-IL)
Byron Donalds (R-FL)
Harriet Hageman (R-WY)
Nancy Mace (R-SC)
Randy Weber (R-TX)
Ben Cline (R-VA)
Earl Carter (R-GA)
Keith Self (R-TX)
Michael Cloud (R-TX)
Anna Paulina Luna (R-FL)
Tom McClintock (R-CA)
Ronny Jackson (R-TX)
Elijah Crane (R-AZ)

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.