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United States · Bill · S

S. 1850 (101st)

A bill to require sequestration for a fiscal year if the actual deficit for the preceding fiscal year exceeds the target by more than $10,000,000,000.

referredUnited States· United States Congress· EN

Introduced

8 November 1989

Last action

12 October 1990 · Reported

Status

Referred to the Committee on Governmental Affairs pursuant to the order of of August 4, 1977.

Sponsors

Sen. Conrad, Kent [D-ND], Sen. Kohl, Herb [D-WI], Sen. Robb, Charles S. [D-VA], Sen. Daschle, Thomas A. [D-SD], Sen. Wirth, Timothy [D-CO], Sen. Boschwitz, Rudy [R-MN], Sen. Gorton, Slade [R-WA], Sen. Bond, Christopher S. [R-MO]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require sequestration for a fiscal year if the deficit for the preceding fiscal year exceeds the maximum deficit amount target by more than $10,000,000,000. Amends the Congressional Budget Act of 1974 to make it out of order in the Senate or the House of Representatives to consider any concurrent resolution on the budget that sets forth amounts and levels that are not determined based upon the economic and technical assumptions of the Congressional Budget Office.

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

Timeline

  1. 8 November 1989

    Introduced

    Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days of continuous session to report or be discharged.

    Source: IntroReferral

  2. 8 November 1989

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 25 July 1990

    Reported

    Committee on Budget. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

  4. 12 October 1990

    Introduced

    Referred to the Committee on Governmental Affairs pursuant to the order of of August 4, 1977.

    Source: IntroReferral

  5. 12 October 1990

    Reported

    Committee on Budget. Reported to Senate by Senator Sasser with an amendment in the nature of a substitute. With written report No. 101-531. Additional and minority views filed.

    Source: Committee

  6. 12 October 1990

    Reported

    Committee on Budget. Reported to Senate by Senator Sasser with an amendment in the nature of a substitute. With written report No. 101-531. Additional and minority views filed.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

4 official files

Reference Change Senate (text)

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Leesvertaling

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  • Reference Change Senate (text)

    Reference Change Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

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  • Reported to Senate with amendment(s)

    summary · EN · 12 October 1990

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  • Introduced in Senate

    summary · EN · 8 November 1989

    Open at official source

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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