H.R. 1370: Unobligated Spending Adjustment to Focus Investment on Relief and Support for Taxpayers Act
This bill, known as the Unobligated Spending Adjustment to Focus Investment on Relief and Support for Taxpayers Act (or USA FIRST Act), seeks to reallocate certain government funds to assist with disaster relief efforts. Specifically, the bill proposes the following actions:
Transfer of Unobligated Funds
The primary action of the bill is to transfer any "unobligated" funds from the United States Agency for International Development (USAID) to the Disaster Relief Fund. Unobligated funds are those that have been allocated by Congress but have not yet been used or committed to any specific project or purpose.
Purpose of Funds
The money transferred to the Disaster Relief Fund will be used to support programs authorized under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. This Act governs federal disaster assistance and provides support to areas affected by major disasters declared by the President.
Definition of Covered Funds
The term "covered funds" in the bill refers specifically to these unobligated funds that were previously appropriated to USAID. This means that any funds that were designated for USAID but have not been spent can be redirected to help with disaster relief.
Intended Outcomes
The intention behind this bill is to streamline the allocation of government funds to ensure that resources are directed where they are most needed, particularly during times of disaster when immediate assistance can be crucial for recovery and support of affected communities.
Legislative Process
The bill is currently in the introduced stage in the House of Representatives and has been referred to the Committee on Appropriations for further consideration.
Overall Focus
By moving funds that are not currently being used by USAID, the bill aims to enhance the federal government's ability to respond to major disasters effectively and efficiently.
Relevant Companies
None found
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
3 bill sponsors
Actions
2 actions
| Date | Action |
|---|---|
| Feb. 14, 2025 | Introduced in House |
| Feb. 14, 2025 | Referred to the House Committee on Appropriations. |
Corporate Lobbying
0 companies lobbying
None found.
* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.
Potentially Relevant Congressional Stock Trades
No relevant congressional stock trades found.