HR8777-118

1. Short titles This Act may be cited as any of the following: The Cutting Unobligated Tumultuous Spending Act. The CUTS Act. The De-Supplemental Act.

2. Rescissions The unobligated balances of any COVID–19 relief funds are hereby rescinded to the extent that the sum of such rescinded funds does not exceed the total amount appropriated under the following Acts: The Israel Security Supplemental Appropriations Act, 2024 (Division A of Public Law 118–50). The Ukraine Security Supplemental Appropriations Act, 2024 (Division B of Public Law 118–50). The Indo-Pacific Security Supplemental Appropriations Act, 2024 (division C of Public Law 118–50). In this section, the term COVID–19 relief funds means any funds appropriated or otherwise made available by— the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (Public Law 116–123); the CARES Act (Public Law 116–136); the Paycheck Protection Program and Health Care Enhancement Act (Public Law 116–139); the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (Division M of Public Law 116–260); division N of the Consolidated Appropriations Act, 2021 (Public Law 116–260); or the American Rescue Plan Act of 2021 (Public Law 117–2). Any unobligated funds appropriated to any of the following are hereby rescinded: The Education Stabilization Fund under the heading Department of Education in title VIII of division B of the CARES Act (Public Law 116–136; 134 Stat. 564). The Congestion Mitigation and Air Quality Improvement Program established in section 149 of title 23, United States Code. The Carbon Reduction Program established in section 175 of title 23, United States Code. The PROTECT Program established in section 176 of title 23, United States Code.