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- S.744
S.744: REFUND Act
About This Bill
- Introduced March 16, 2015
- Latest Major Action March 16, 2015
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Republicans)
Bill Summary
Returned Exclusively For Unpaid National Debt Act or the REFUND Act This bill rescinds federal funds identified by a state as unwanted and requires the funds to be used for debt reduction. The bill applies to federal funds required to be allocated by formula among all states that agree to use the funds for a specified purpose. To identify the funds as unwanted, a state legislature must pass a concurrent resolution, and the state must then...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| March 16, 2015 |
Read twice and referred to the Committee on Appropriations.
|
| March 16, 2015 |
Introduced in the Senate by Marco Rubio (R-Fla.) |