Fiscal Responsibility Act of 2016

Summary

Fiscal Responsibility Act of 2016 This bill declares that, if there is a federal budget deficit in a fiscal year, then: any pay adjustment for Members of Congress scheduled to take effect under the Legislative Reorganization Act of 1946 in the succeeding calendar year shall be null and void; and effective as of the first day of the first pay period beginning in that year, the rates of basic pay for Members shall be reduced (from the rate in effect), but not below zero, by an amount prescribed according to the following formula. The reduction required under this Act is as follows: if the reduction is to take effect in a calendar year that does not immediately follow another calendar year in which a reduction was made, the reduced amount shall be equal to 5% of the rate of basic pay last in effect before the reduction is made; or if the reduction is to take effect in a calendar year that immediately follows another calendar year in which a reduction was made, the reduced amount shall be equal to 10% of the rate of basic pay last in effect before the most recent reduction was made. If, following one or more years in which Members' pay is reduced, a fiscal year occurs in which there is no deficit, then, effective as of the first day of the first pay period in the succeeding calendar year: rates of basic pay for Members shall be restored to the highest rate at any time previously payable; and pay adjustments scheduled to take effect on or after that first day shall be effective.

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Timeline

1. 4 February 2016

   Introduced

   Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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

2. 4 February 2016

   Introduced

   Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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. 4 February 2016

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 February 2016

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 February 2016 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 February 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 February 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 February 2016

  Open at official source

Sponsors

• Rod Blum · R · Sponsor
• Ron DeSantis · R · Cosponsor
• · hsgo00 · Standing
• · hsha00 · Standing

Related records

• related to → Fiscal Responsibility Act of 2017