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United States · Bill · HR

H.R. 7029 (110th)

National Debt Reduction Trust Fund Act of 2008

referredUnited States· United States Congress· EN

Introduced

23 September 2008

Last action

Status

Referred to the Subcommittee on Energy and Mineral Resources.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

National Debt Reduction Trust Fund Act of 2008 - Establishes in the Treasury the National Debt Reduction Trust Fund. Requires the Secretary of the Treasury to transfer to such Trust Fund revenues attributable to the exploration for, development of, or production of oil, natural gas, or oil shale located on federal lands in Alaska or the Outer Continental Shelf and to use such revenues to reduce the national debt.

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Documents

3 official files

Introduced in House (text)

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Sources

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