Congressional MRA Act

This bill mandates that any funds remaining in the Members' Representational Allowance (MRA) for the House of Representatives at the close of a fiscal year must be returned to the Treasury. These returned funds are specifically designated for federal deficit reduction . Should there be no federal budget deficit, the funds would then be applied to reduce the federal debt , as determined by the Secretary of the Treasury. The Committee on House Administration is authorized to prescribe regulations for implementing this Act, which will apply starting with fiscal year 2026 and all subsequent fiscal years.