To amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority.

Summary

Amends the Congressional Budget and Impoundment Control Act of 1974 to replace provisions regarding the rescission of budget authority with those authorizing the President to propose the rescission of any budget authority provided in an appropriation Act or repeal of any targeted tax benefit provided in any revenue Act. Authorizes the President to transmit a draft bill to the Congress with such a proposal that clearly identifies the budget authority proposed to be rescinded or the targeted tax benefit to be repealed. Includes within such bill a Deficit Reduction Account. Permits the President to place in the Account an amount not to exceed total rescissions in the bill. Establishes expedited procedures in the Senate and the House of Representatives for consideration of such bill. Makes any amount of budget authority proposed to be rescinded available for obligation on the day after the date either House rejects such bill. Deems any targeted tax benefit proposed for repeal to be repealed unless either House rejects such bill during a prescribed time frame.

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

Timeline

1. 25 June 1998

   Introduced

   Referred to House Budget

   Source: IntroReferral

2. 25 June 1998

   Introduced

   Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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. 25 June 1998

   Introduced

   Introduced in House

   Source: IntroReferral

4. 25 June 1998

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 June 1998 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 June 1998

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 June 1998

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 25 June 1998

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Kasich, John R. [R-OH-12] · R · Sponsor
• Rep. Hall, Ralph M. [R-TX-4] · D · Cosponsor
• Rep. Royce, Edward R. [R-CA-39] · R · Cosponsor
• Rep. Miller, Dan [R-FL-13] · R · Cosponsor
• Rep. Goss, Porter J. [R-FL-14] · R · Cosponsor
• Rep. Solomon, Gerald B. H. [R-NY-22] · R · Cosponsor
• Rep. Manzullo, Donald A. [R-IL-16] · R · Cosponsor
• Rep. Shays, Christopher [R-CT-4] · R · Cosponsor
• Rep. McCrery, Jim [R-LA-4] · R · Cosponsor
• Rep. Myrick, Sue Wilkins [R-NC-9] · R · Cosponsor
• Sen. Coburn, Tom [R-OK] · R · Cosponsor
• Rep. Klug, Scott L. [R-WI-2] · R · Cosponsor
• Rep. Snowbarger, Vince [R-KS-3] · R · Cosponsor
• Rep. Franks, Bob [R-NJ-7] · R · Cosponsor
• Sen. Sununu, John E. [R-NH] · R · Cosponsor
• Rep. Sherman, Brad [D-CA-32] · D · Cosponsor
• Rep. Hoekstra, Peter [R-MI-2] · R · Cosponsor
• Rep. Shadegg, John B. [R-AZ-3] · R · Cosponsor
• Rep. Goodling, William F. [R-PA-19] · R · Cosponsor
• Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Cosponsor
• Rep. Neumann, Mark W. [R-WI-1] · R · Cosponsor
• Rep. Nussle, Jim [R-IA-2] · R · Cosponsor
• Rep. Bereuter, Doug [R-NE-1] · R · Cosponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Kolbe, Jim [R-AZ-8] · R · Cosponsor
• Rep. Cox, Christopher [R-CA-48] · R · Cosponsor
• Rep. Hobson, David L. [R-OH-7] · R · Cosponsor
• Sen. Portman, Rob [R-OH] · R · Cosponsor
• Rep. Luther, Bill [D-MN-6] · D · Cosponsor
• · hsru00 · Standing
• · hsbu00 · Standing

Related records

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