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117-hr-7699117th Congress

PAID Act

Sponsored By: Representative Carter, Earl L. "Buddy" [R-GA-1]

Unknown

Summary

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 The bill also requires the rescinded funds to be used for deficit reduction.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Carter, Earl L. "Buddy" [R-GA-1]

GA • R

Cosponsors

  • Rep. Perry, Scott [R-PA-10]

    PA • R

    Sponsored 5/10/2022

  • Rep. Mullin, Markwayne [R-OK-2]

    OK • R

    Sponsored 5/10/2022

  • Rep. Higgins, Clay [R-LA-3]

    LA • R

    Sponsored 5/10/2022

  • Rep. Boebert, Lauren [R-CO-4]

    CO • R

    Sponsored 5/10/2022

  • Rep. Mace, Nancy [R-SC-1]

    SC • R

    Sponsored 5/10/2022

  • Rep. Norman, Ralph [R-SC-5]

    SC • R

    Sponsored 5/10/2022

  • Rep. Posey, Bill [R-FL-8]

    FL • R

    Sponsored 5/10/2022

  • Rep. Gohmert, Louie [R-TX-1]

    TX • R

    Sponsored 5/10/2022

  • Rep. Donalds, Byron [R-FL-19]

    FL • R

    Sponsored 5/10/2022

  • Rep. Grothman, Glenn [R-WI-6]

    WI • R

    Sponsored 5/13/2022

  • Rep. Jacobs, Chris [R-NY-27]

    NY • R

    Sponsored 5/13/2022

  • Rep. McClintock, Tom [R-CA-5]

    CA • R

    Sponsored 5/13/2022

  • Rep. Obernolte, Jay [R-CA-23]

    CA • R

    Sponsored 5/17/2022

  • Rep. Babin, Brian [R-TX-36]

    TX • R

    Sponsored 5/17/2022

  • Rep. Gibbs, Bob [R-OH-7]

    OH • R

    Sponsored 6/13/2022

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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