Honest Budgeting Act of 1983

Summary

Honest Budgeting Act of 1983 - Amends the Federal Financing Bank Act of 1973 to require all transactions of the Federal Financing Bank to be reflected in the unified budget of the United States government. Treats amounts of loans guaranteed by a Federal agency and financed by the Bank as outlays of such agency. Treats amounts disbursed by the Bank for the purchase of loans guaranteed, loan assets sold, and debt obligations issued by a Federal agency as a means of financing that agency. Prohibits a Federal agency from issuing, selling, or guaranteeing any investment security obligations of a type formerly financed through the Bank unless such an obligation is offered for sale to the Bank.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 26 July 1983

  Open at official source

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