This bill aims to abolish the United States Agency for International Development (USAID) , ceasing its operations and funding. It mandates that, upon its enactment, no federal funds may be used to carry out any of the functions, duties, or responsibilities currently assigned or delegated to USAID's Administrator under existing law. The legislation further stipulates the rescission of all unobligated balances of funds made available to USAID as of the day before the Act's enactment. Any other assets or liabilities belonging to the Agency at that time would be transferred to the Secretary of State , effectively dissolving USAID's operational and financial structure.