PAID Act
USA117th CongressHR-7699| House
| Updated: 5/11/2022
Earl L. "Buddy" Carter
Republican Representative
Georgia
Cosponsors (15)
Bob Gibbs (Republican)Clay Higgins (Republican)Markwayne Mullin (Republican)Tom McClintock (Republican)Scott Perry (Republican)Nancy Mace (Republican)Glenn Grothman (Republican)Lauren Boebert (Republican)Byron Donalds (Republican)Chris Jacobs (Republican)Jay Obernolte (Republican)Bill Posey (Republican)Ralph Norman (Republican)Louie Gohmert (Republican)Brian Babin (Republican)
Transportation and Infrastructure Committee, Foreign Affairs Committee, Highways and Transit Subcommittee, Financial Services Committee, Oversight and Government Reform Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Paying America's Inflationary Debts Act or the PAID Act This bill rescinds specified unobligated funds that were provided by the American Rescue Plan Act of 2021, which was enacted to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses. Specifically, the bill rescinds specified funds that were provided for state, territorial, local, and tribal governments; emergency rental assistance; the State Small Business Credit Initiative; Federal Transit Administration grants; the Coronavirus Capital Projects Fund; and global health activities and programs. The bill also requires the rescinded funds to be used for deficit reduction.
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Timeline
Introduced in House
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Financial Services, Transportation and Infrastructure, and Foreign Affairs, 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.
Referred to the Subcommittee on Highways and Transit.
Economics and Public Finance
AppropriationsBudget deficits and national debtBusiness investment and capitalCardiovascular and respiratory healthDepartment of the TreasuryEmergency medical services and trauma careExecutive agency funding and structureForeign aid and international reliefGovernment lending and loan guaranteesHealth programs administration and fundingHealth promotion and preventive careHousing and community development fundingInfectious and parasitic diseasesLandlord and tenantPublic transitSmall businessState and local financeState and local government operationsTransportation programs fundingWorld health
PAID Act
USA117th CongressHR-7699| House
| Updated: 5/11/2022
Paying America's Inflationary Debts Act or the PAID Act This bill rescinds specified unobligated funds that were provided by the American Rescue Plan Act of 2021, which was enacted to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses. Specifically, the bill rescinds specified funds that were provided for state, territorial, local, and tribal governments; emergency rental assistance; the State Small Business Credit Initiative; Federal Transit Administration grants; the Coronavirus Capital Projects Fund; and global health activities and programs. The bill also requires the rescinded funds to be used for deficit reduction.
View Full TextSuggested Questions
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Timeline
Introduced in House
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Financial Services, Transportation and Infrastructure, and Foreign Affairs, 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.
Referred to the Subcommittee on Highways and Transit.
Earl L. "Buddy" Carter
Republican Representative
Georgia
Cosponsors (15)
Bob Gibbs (Republican)Clay Higgins (Republican)Markwayne Mullin (Republican)Tom McClintock (Republican)Scott Perry (Republican)Nancy Mace (Republican)Glenn Grothman (Republican)Lauren Boebert (Republican)Byron Donalds (Republican)Chris Jacobs (Republican)Jay Obernolte (Republican)Bill Posey (Republican)Ralph Norman (Republican)Louie Gohmert (Republican)Brian Babin (Republican)
Transportation and Infrastructure Committee, Foreign Affairs Committee, Highways and Transit Subcommittee, Financial Services Committee, Oversight and Government Reform Committee
Economics and Public Finance
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
AppropriationsBudget deficits and national debtBusiness investment and capitalCardiovascular and respiratory healthDepartment of the TreasuryEmergency medical services and trauma careExecutive agency funding and structureForeign aid and international reliefGovernment lending and loan guaranteesHealth programs administration and fundingHealth promotion and preventive careHousing and community development fundingInfectious and parasitic diseasesLandlord and tenantPublic transitSmall businessState and local financeState and local government operationsTransportation programs fundingWorld health