United States · Bill · HR
H.R. 925 (105th)
Payoffs-for-Layoffs Corporate Welfare Elimination Act of 1997
Introduced
5 March 1997
Last action
15 April 1997 · Committee
Status
Unfavorable Executive Comment Received from DOD.
Sponsors
Rep. Smith, Christopher H. [R-NJ-4], Sen. Sanders, Bernard [I-VT], Rep. DeFazio, Peter A. [D-OR-4], Rep. Klug, Scott L. [R-WI-2], Rep. Dickey, Jay [R-AR-4], Rep. Neumann, Mark W. [R-WI-1], Rep. Ackerman, Gary L. [D-NY-5], Rep. Barrett, Bill [R-NE-3], Rep. Lipinski, William O. [D-IL-3], Rep. Franks, Bob [R-NJ-7], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Chabot, Steve [R-OH-1], Rep. Kennelly, Barbara B. [D-CT-1], Rep. Watts, J. C., Jr. [R-OK-4], Rep. Stark, Fortney Pete [D-CA-13], Rep. Hoekstra, Peter [R-MI-2], Rep. Jackson Lee, Sheila [D-TX-18], Rep. LoBiondo, Frank A. [R-NJ-2], Rep. Evans, Lane [D-IL-17], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Frank, Barney [D-MA-4], Sen. Stabenow, Debbie [D-MI], Rep. Lewis, John [D-GA-5], Rep. Carson, Julia [D-IN-7], Rep. Blumenauer, Earl [D-OR-3], Rep. Ganske, Greg [R-IA-4], Rep. Parker, Mike [R-MS-4], Rep. Minge, David [D-MN-2], Rep. Kucinich, Dennis J. [D-OH-10], Rep. Owens, Major R. [D-NY-11], Rep. Kind, Ron [D-WI-3], Rep. Davis, Danny K. [D-IL-7], Rep. Barrett, Thomas M. [D-WI-5], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Rivers, Lynn N. [D-MI-13], Rep. Vento, Bruce F. [D-MN-4], Sen. Brown, Sherrod [D-OH], Rep. Furse, Elizabeth [D-OR-1], Rep. Farr, Sam [D-CA-20], Rep. Luther, Bill [D-MN-6], Rep. Rothman, Steven R. [D-NJ-9], Rep. Hooley, Darlene [D-OR-5], Rep. Tauscher, Ellen O. [D-CA-10]
Subjects
Defence, Taxation, Budget
Source updated
21 August 2025
Summary
Payoffs-for-Layoffs Corporate Welfare Elimination Act of 1997 - Prohibits any funds appropriated or otherwise made available to the Department of Defense (DOD) from being obligated or expended for payment of any restructuring cost associated with a merger or acquisition incurred by a DOD contractor. Provides for the handling of contractor claims for such costs with respect to a merger or acquisition occurring before the enactment of this Act. Amends the National Defense Authorization Act for Fiscal Year 1995 to: (1) repeal a provision made inconsistent by this Act; (2) extend through FY 2000 a requirement of a report from the Secretary of Defense to the Congress concerning DOD savings achieved under a corporate restructuring; (3) require in such report certain additional information concerning DOD's past experience with contractors for which DOD agreed to allow such costs; and (4) require a current report from the Comptroller General to the Congress to include an estimate and description of the net effect on the Federal budget of reimbursing defense contractors for such costs.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 March 1997
Introduced
Referred to the House Committee on National Security.
Source: IntroReferral
5 March 1997
Introduced
Sponsor introductory remarks on measure. (CR E376)
Source: IntroReferral
5 March 1997
Introduced
Introduced in House
Source: IntroReferral
5 March 1997
Introduced
Introduced in House
Source: IntroReferral
14 April 1997
Committee
Executive Comment Requested from DOD.
Source: Committee
15 April 1997
Committee
Unfavorable Executive Comment Received from DOD.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 5 March 1997 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 5 March 1997
Introduced in House (PDF)
Introduced in House · EN · 5 March 1997
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Introduced in House
summary · EN · 5 March 1997
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Smith, Christopher H. [R-NJ-4] · R · Sponsor
- Sen. Sanders, Bernard [I-VT] · I · Sponsor
- Rep. DeFazio, Peter A. [D-OR-4] · D · Sponsor
- Rep. Klug, Scott L. [R-WI-2] · R · Sponsor
- Rep. Dickey, Jay [R-AR-4] · R · Sponsor
- Rep. Neumann, Mark W. [R-WI-1] · R · Sponsor
- Rep. Ackerman, Gary L. [D-NY-5] · D · Sponsor
- Rep. Barrett, Bill [R-NE-3] · R · Sponsor
- Rep. Lipinski, William O. [D-IL-3] · D · Sponsor
- Rep. Franks, Bob [R-NJ-7] · R · Sponsor
- Rep. Maloney, Carolyn B. [D-NY-12] · D · Sponsor
- Rep. Chabot, Steve [R-OH-1] · R · Sponsor
- Rep. Kennelly, Barbara B. [D-CT-1] · D · Sponsor
- Rep. Watts, J. C., Jr. [R-OK-4] · R · Sponsor
- Rep. Stark, Fortney Pete [D-CA-13] · D · Sponsor
- Rep. Hoekstra, Peter [R-MI-2] · R · Sponsor
- Rep. Jackson Lee, Sheila [D-TX-18] · D · Sponsor
- Rep. LoBiondo, Frank A. [R-NJ-2] · R · Sponsor
- Rep. Evans, Lane [D-IL-17] · D · Sponsor
- Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
- Rep. Frank, Barney [D-MA-4] · D · Sponsor
- Sen. Stabenow, Debbie [D-MI] · D · Sponsor
- Rep. Lewis, John [D-GA-5] · D · Sponsor
- Rep. Carson, Julia [D-IN-7] · D · Sponsor
- Rep. Blumenauer, Earl [D-OR-3] · D · Sponsor
- Rep. Ganske, Greg [R-IA-4] · R · Cosponsor
- Rep. Parker, Mike [R-MS-4] · R · Cosponsor
- Rep. Minge, David [D-MN-2] · D · Cosponsor
- Rep. Kucinich, Dennis J. [D-OH-10] · D · Cosponsor
- Rep. Owens, Major R. [D-NY-11] · D · Cosponsor
- Rep. Kind, Ron [D-WI-3] · D · Cosponsor
- Rep. Davis, Danny K. [D-IL-7] · D · Cosponsor
- Rep. Barrett, Thomas M. [D-WI-5] · D · Cosponsor
- Rep. Slaughter, Louise McIntosh [D-NY-25] · D · Cosponsor
- Rep. Rivers, Lynn N. [D-MI-13] · D · Cosponsor
- Rep. Vento, Bruce F. [D-MN-4] · D · Cosponsor
- Sen. Brown, Sherrod [D-OH] · D · Cosponsor
- Rep. Furse, Elizabeth [D-OR-1] · D · Cosponsor
- Rep. Farr, Sam [D-CA-20] · D · Cosponsor
- Rep. Luther, Bill [D-MN-6] · D · Cosponsor
- Rep. Rothman, Steven R. [D-NJ-9] · D · Cosponsor
- Rep. Hooley, Darlene [D-OR-5] · D · Cosponsor
- Rep. Tauscher, Ellen O. [D-CA-10] · D · Cosponsor
- · hsas00 · Standing
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/105th-congress/house-bill/925
- Open data entity: https://api.congress.gov/v3/bill/105/hr/925
- us · 105-hr-925 · source updated 21 August 2025