Senate Bill 1329
115th Congress(2017-2018)
RECOUP Act
Introduced
Introduced in Senate on Jun 8, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1329
Congress
115
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No Senate votes have been held for this bill.
Summary
REcovering and COllecting Unclaimed federal Property Act of 2017 or the RECOUP Act
This bill authorizes the Department of the Treasury to: (1) locate and recover assets of the U.S. government on behalf of any executive, judicial, or legislative agency; and (2) retain a portion of the amounts recovered to cover the administrative and operational costs of Treasury for locating and recovering the assets. Any savings from carrying out this bill must be transferred to the general fund of the Treasury for deficit reduction.
June 8, 2017
06/08/2017
Read twice and referred to the Committee on Finance.
06/08/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:37:38 PM