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United States · Bill · HR

H.R. 4379 (105th)

Budget Surplus Dividend Act of 1998

referredUnited States· United States Congress· EN

Introduced

31 July 1998

Last action

Status

Referred to House Budget

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Budget Surplus Dividend Act of 1998 - Amends the Internal Revenue Code to allow, upon a specified determination of budgetary surplus, a credit equal to a certain percentage of a taxpayer's annual social security taxes. Provides for the use of budgetary surplus to reduce public debt and increase nondefense discretionary spending.

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Documents

3 official files

Introduced in House (text)

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