This bill, known as the "Clawing back Lapsed Obligations from State Emergency programs Act" or the CLOSE Act , aims to cease several unemployment insurance benefit programs established by the CARES Act . Specifically, it targets the termination of Pandemic Unemployment Assistance (PUA), Federal Pandemic Unemployment Compensation (FPUC), Mixed Earner Unemployment Compensation (MEUC), and Pandemic Emergency Unemployment Compensation (PEUC). The legislation seeks to end these pandemic-era benefits and reclaim associated federal funds. The bill mandates that, 30 days after its enactment, the authority to make payments under these programs will cease, with exceptions for administrative expenses to states. Furthermore, it directs the rescission of all unobligated balances of amounts appropriated for these unemployment benefits from the Unemployment Trust Fund. This action would prevent any new agreements for these programs and effectively claw back unused federal allocations.