S.391 - RESET Act112th Congress (2011-2012)
|Sponsor:||Sen. Moran, Jerry [R-KS] (Introduced 02/17/2011)|
|Committees:||Senate - Appropriations|
|Latest Action:||Senate - 02/17/2011 Read twice and referred to the Committee on Appropriations. (All Actions)|
This bill has the status Introduced
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Summary: S.391 — 112th Congress (2011-2012)All Information (Except Text)
Introduced in Senate (02/17/2011)
Recovering Excessive Stimulus Expenditures for Taxpayers Act or RESET Act - Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds).
Requires such rescinded appropriations to be deposited in the general fund of the Treasury for federal budget deficit reduction.