The CLOSE Act would terminate three pandemic-era unemployment insurance programs created under the CARES Act within 30 days of enactment. Specifically, it would end Pandemic Unemployment Assistance, Federal Pandemic Unemployment Compensation, and Pandemic Emergency Unemployment Compensation, while also rescinding any unspent federal funds appropriated for these programs back to the government. The bill would affect millions of Americans currently receiving these enhanced unemployment benefits, though states could continue receiving administrative expense payments to wind down the programs. No new states would be allowed to enter or rejoin these benefit agreements once the bill passes, effectively closing off access to these programs immediately for any jurisdiction not yet participating.