S. 2187

119th CONGRESS 1st Session

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 · June 26 (legislative day, June 24), 2025 · Sponsor: Ms. Lummis · Committee: Committee on Appropriations

Table of contents

• S. 2187
  • SEC. 1. Short title
  • SEC. 2. Rescission of grant funds not accepted by States and local governments

SEC. 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from the Federal Government, an amount equal to the amount to be awarded to the State or local government shall be rescinded from the applicable appropriation account.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  • Amounts rescinded under subsection (a) shall be deposited in the general fund of the Treasury for the sole purpose of deficit reduction.