H.R. 7646

Payback Act

Sponsor: Jasmine Crockett · 0 cosponsors

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Where it stands

Introduced Feb 23
Committee Now
House of Representatives —
Senate —
Law —

Introduced Feb 23
Committee Now
House of Representatives —
Senate —
Law —

Referred to the House Committee on Ways and Means. (Feb 23)

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Text of the bill

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Sec. 1. Short title

Sec. 2. Congressional findings

Sec. 3. Definitions

Sec. 4. Establishment of consumer refund formula

Sec. 5. Distribution of refunds

Sec. 6. Report to Congress and oversight

Not later than 180 days after enactment, the Secretary shall submit a report to Congress detailing the finalized refund formula, total anticipated refund obligations, and projected distribution timelines. The Government Accountability Office shall review the implementation of this Act and submit findings to Congress not later than one year after refunds commence.