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United States · Bill · HR

H.R. 4 (105th)

Truth in Budgeting Act

reportedUnited States· United States Congress· EN

Introduced

7 January 1997

Last action

5 February 1997 · Committee

Status

Ordered to be Reported by Voice Vote.

Sponsors

Rep. Shuster, Bud [R-PA-9], Rep. Oberstar, James L. [D-MN-8], Rep. Young, Don [R-AK-At Large], Rep. Rahall, Nick J., II [D-WV-3], Rep. Petri, Thomas E. [R-WI-6], Rep. Borski, Robert A. [D-PA-3], Rep. Boehlert, Sherwood [R-NY-24], Rep. Lipinski, William O. [D-IL-3], Rep. Bateman, Herbert H. [R-VA-1], Rep. Wise, Robert E., Jr. [D-WV-2], Rep. Coble, Howard [R-NC-6], Rep. Traficant, James A., Jr. [D-OH-17], Rep. Duncan, John J., Jr. [R-TN-2], Rep. DeFazio, Peter A. [D-OR-4], Rep. Molinari, Susan [R-NY-13], Rep. Clement, Bob [D-TN-5], Rep. Ewing, Thomas W. [R-IL-15], Rep. Costello, Jerry F. [D-IL-12], Rep. Gilchrest, Wayne T. [R-MD-1], Rep. Poshard, Glenn [D-IL-22], Rep. Kim, Jay [R-CA-41], Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5], Rep. Horn, Stephen [R-CA-38], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Franks, Bob [R-NJ-7], Rep. Nadler, Jerrold [D-NY-12], Rep. Mica, John L. [R-FL-7], Rep. Danner, Pat [D-MO-6], Rep. Quinn, Jack [R-NY-27], Sen. Menendez, Robert [D-NJ], Rep. Fowler, Tillie [R-FL-4], Rep. Clyburn, James E. [D-SC-6], Rep. Ehlers, Vernon J. [R-MI-3], Rep. Brown, Corrine [D-FL-5], Rep. Bachus, Spencer [R-AL-6], Rep. Barcia, James A. [D-MI-5], Rep. LaTourette, Steven C. [R-OH-14], Rep. Filner, Bob [D-CA-51], Rep. Kelly, Sue W. [R-NY-19], Rep. Johnson, Eddie Bernice [D-TX-30], Rep. LaHood, Ray [R-IL-18], Rep. Mascara, Frank [D-PA-20], Rep. Baker, Richard H. [R-LA-6], Rep. Taylor, Gene [D-MS-4], Rep. Riggs, Frank [R-CA-1], Rep. Millender-McDonald, Juanita [D-CA-37], Rep. Bass, Charles F. [R-NH-2], Rep. Cummings, Elijah E. [D-MD-7]

Subjects

Transport, Taxation, Aviation, Budget

Source updated

21 August 2025

Transport · Taxation · Aviation · Budget

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Summary

Truth in Budgeting Act - Prohibits (subject to the Line Item Veto Act of 1996) the receipts and disbursements of the Highway Trust Fund, the Airport and Airway Trust Fund, the Inland Waterways Trust Fund, and the Harbor Maintenance Trust Fund from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of the Federal budget as submitted by the President, the congressional budget, or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Exempts such trust funds from any general statutory budget outlays limitation. Amends the Internal Revenue Code to limit the amount of interest that may be credited to such trust funds. Amends Federal transportation law to require the Secretary of Transportation to estimate annually: (1) what, but for this Act, would be at the close of the next fiscal year the amount of unfunded aviation authorizations; and (2) the net aviation receipts at the close of such year.

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

Timeline

  1. 7 January 1997

    Introduced

    Referred to House Transportation and Infrastructure

    Source: IntroReferral

  2. 7 January 1997

    Introduced

    Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 7 January 1997

    Introduced

    Sponsor introductory remarks on measure. (CR E35-36)

    Source: IntroReferral

  4. 7 January 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 7 January 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  6. 5 February 1997

    Reported

    Ordered to be Reported by Voice Vote.

    Source: Committee

  7. 5 February 1997

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 7 January 1997

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  • Introduced in House (PDF)

    Introduced in House · EN · 7 January 1997

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 7 January 1997

    Open at official source

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Sponsors

Showing 48 of 246 sponsors and actors.

Related records

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Sources

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