Truth in Budgeting Act of 1992

Summary

Truth in Budgeting Act of 1992 - Amends the Congressional Budget and Impoundment Control Act of 1974 to provide for the treatment of intragovernmental transactions involving certain trust funds, including various social security, railroad, and Federal retirement funds. Requires revenues that are dedicated by law to a particular trust fund to be offset against total budget authority and outlays of that trust fund. Requires interest paid by the Government to a trust fund on its investments in Government securities or guaranteed securities to be offset against the budget authority and outlays of the trust fund receiving the payment. Requires a Federal entity's payments as an employer into a trust fund to be offset against the budget authority and outlays of the trust fund receiving the payment.

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Timeline

1. 7 February 1992

   Introduced

   Referred to the House Committee on Government Operations.

   Source: IntroReferral

2. 7 February 1992

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 February 1992

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 February 1992

   Referred

   Referred to the Subcommittee on Legislation and National Security.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 7 February 1992

  Open at official source

Sponsors

• Rep. Jacobs, Andrew, Jr. [D-IN-11] · D · Sponsor
• SANDER LEVIN · D · Sponsor
• Rep. Dorgan, Byron L. [D-ND-At Large] · D · Sponsor
• Rep. Stark, Fortney Pete [D-CA-9] · D · Cosponsor
• Rep. McDermott, Jim [D-WA-7] · D · Cosponsor
• Sen. Durbin, Richard J. [D-IL] · D · Cosponsor
• Rep. Oakar, Mary Rose [D-OH-20] · D · Cosponsor
• Rep. Owens, Wayne [D-UT-2] · D · Cosponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Cosponsor
• Rep. Weldon, Curt [R-PA-7] · R · Cosponsor
• Rep. Campbell, Ben Nighthorse [D-CO-3] · D · Cosponsor
• Rep. Kildee, Dale E. [D-MI-7] · D · Cosponsor
• Rep. Borski, Robert A. [D-PA-3] · D · Cosponsor
• Rep. Kanjorski, Paul E. [D-PA-11] · D · Cosponsor
• Rep. Moody, Jim [D-WI-5] · D · Cosponsor
• Rep. Hayes, Charles A. [D-IL-1] · D · Cosponsor
• Rep. Darden, George (Buddy) [D-GA-7] · D · Cosponsor
• · hsgo00 · Standing
• · hsru00 · Standing

Related records

• related to ← Truth in Budgeting Act of 1992
• related to ← Truth in Budgeting Act of 1992