United States · Bill · HR
H.R. 3163 (95th)
Federal Debt Reduction Incentive-Profit Sharing-Pay Raise Commission Reform Act
Introduced
7 February 1977
Last action
—
Status
Referred to House Committee on Post Office and Civil Service.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Federal Debt Reduction Incentive-Profit Sharing-Pay Raise Commission Reform Act - Sets annual salaries of Members of Congress at $42,500 plus a commission of $1,000 per year for each $1,000,000,000 of Federal annual budget surplus applied to retirement of the national debt during the fiscal year next preceding up to a maximum of $48,825 per year. Sets the annual salaries of the Speaker of the House and the congressional floor leaders at a maximum of $70,000 and $60,000 respectively.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 7 February 1977
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/3163
- Open data entity: https://api.congress.gov/v3/bill/95/hr/3163