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United States · Bill · HR

H.R. 2744 (104th)

Postal Service Debt Reduction and Truth in Budgeting Act

referredUnited States· United States Congress· EN

Introduced

7 December 1995

Last action

11 December 1995 · Referred

Status

Referred to the Subcommittee on Postal Service.

Sponsors

Rep. Frelinghuysen, Rodney P. [R-NJ-11]

Subjects

Taxation, Budget, Postal service

Source updated

21 August 2025

Taxation · Budget · Postal service

Official sourceDownload fileView documentsShare

Summary

Postal Service Debt Reduction and Truth in Budgeting Act - Requires the Postmaster General to submit to the Congress a plan providing for: (1) the reduction of the accumulated debt of the Postal Service, by September 30, 2003, to an amount that is not more than five percent of its annual revenues; and (2) maintenance of the accumulated debt at such level. Provides that, if the reduction is achieved, the Postal Service shall have the authority on or after October 1, 2005, to have accumulated debt of not more than seven and one half percent of its annual revenues. Requires the Postmaster General to include in the submission to the Congress of the Postal Service's budget for a fiscal year a detailed accounting of actual and budgeted revenues and expenditures for the preceding fiscal year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 7 December 1995

    Introduced

    Referred to the House Committee on Government Reform and Oversight.

    Source: IntroReferral

  2. 7 December 1995

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 7 December 1995

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 11 December 1995

    Referred

    Referred to the Subcommittee on Postal Service.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 7 December 1995

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 7 December 1995

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 7 December 1995

    Open at official source

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Sponsors

Related records

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Sources

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