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United States · Bill · HR

H.R. 4866 (106th)

Debt Relief Reconciliation Act for Fiscal Year 2001

referredUnited States· United States Congress· EN

Introduced

17 July 2000

Last action

19 July 2000 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Finance.

Sponsors

Rep. Fletcher, Ernie [R-KY-6], Rep. Nussle, Jim [R-IA-2], Rep. Archer, Bill [R-TX-7], Rep. Kasich, John R. [R-OH-12], Rep. Tancredo, Thomas G. [R-CO-6], Rep. Hayworth, J. D. [R-AZ-5], Rep. Green, Mark [R-WI-8], Rep. Herger, Wally [R-CA-2], Rep. Ramstad, Jim [R-MN-3], Sen. Portman, Rob [R-OH], Rep. Johnson, Sam [R-TX-3], Rep. Kuykendall, Steven T. [R-CA-36], Rep. Weller, Jerry [R-IL-11], Rep. Chabot, Steve [R-OH-1], Rep. Shaw, E. Clay, Jr. [R-FL-22]

Subjects

Taxation, Budget

Source updated

7 April 2025

Taxation · Budget

Summary

Debt Relief Reconciliation Act for Fiscal Year 2001 - Amends Federal public finance provisions to establish the Public Debt Reduction Payment Account in the Treasury. Requires the Secretary of the Treasury to use amounts in the Account to pay at maturity, or redeem or buy before maturity, any Government obligation held by the public and included in the public debt. Provides that any obligation which is paid, redeemed, or bought with amounts from the Account shall be canceled and retired and prohibits its reissuance. Appropriates funds for the Account. Prohibits such appropriation from being considered as direct spending for purposes of pay-as-you-go provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Reduces the public debt limit by the amount appropriated into the Account. Bars Account receipts and disbursements from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of : (1) the Federal Government budget as submitted by the President; (2) the congressional budget; or (3) the Gramm-Rudman-Hollings Act. Requires the Secretary to report to specified congressional committees on the Account.

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

Timeline

  1. 17 July 2000

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 17 July 2000

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 July 2000

    Introduced

    Referred to the Committee on Ways and Means, 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

  4. 17 July 2000

    Introduced

    Referred to the Committee on Ways and Means, 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

  5. 18 July 2000

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  6. 18 July 2000

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 422 - 1 (Roll no. 409). (text: CR H6426-6427)

    Source: Floor

  7. 18 July 2000

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 422 - 1 (Roll no. 409).(text: CR H6426-6427)

    Source: Floor

  8. 18 July 2000

    Floor

    Considered under suspension of the rules. (consideration: CR H6437-6438)

    Source: Floor

  9. 18 July 2000

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  10. 18 July 2000

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 4866.

    Source: Floor

  11. 18 July 2000

    Floor

    Mr. Nussle moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  12. 19 July 2000

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Finance.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

8 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 19 July 2000

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 19 July 2000

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  • Engrossed in House (text)

    Engrossed in House · EN · 18 July 2000

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 18 July 2000

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  • Passed House amended

    summary · EN · 18 July 2000

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  • Introduced in House (text)

    Introduced in House · EN · 17 July 2000

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  • Introduced in House (PDF)

    Introduced in House · EN · 17 July 2000

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  • Introduced in House

    summary · EN · 17 July 2000

    Open at official source

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Sponsors

Related records

Sources

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