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United States · Bill · S

S. 800 (105th)

Economic Growth Dividend Protection Act of 1997

referredUnited States· United States Congress· EN

Introduced

23 May 1997

Last action

23 May 1997 · Introduced

Status

Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, as modified by the order of April 11, 1986, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

Sponsors

Sen. Abraham, Spencer [R-MI], Sen. Kyl, Jon [R-AZ], Sen. Brownback, Sam [R-KS], Sen. Ashcroft, John [R-MO], Sen. Sessions, Jeff [R-AL], Sen. Hutchinson, Tim [R-AR], Sen. Faircloth, Lauch [R-NC], Sen. Allard, Wayne [R-CO], Sen. Coverdell, Paul [R-GA], Sen. Inhofe, James M. [R-OK], Sen. Smith, Gordon H. [R-OR]

Subjects

Budget

Source updated

21 August 2025

Budget

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Summary

Economic Growth Dividend Protection Act of 1997 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the Office of Management and Budget (OMB), for any amount by which revenues for a budget year and any outyears through FY 2002 exceed the revenue target absent growth, to estimate the excess and include such estimate as a separate entry in the report to the Congress containing Congressional Budget Office estimates of amounts and changes in outlays and receipts of direct spending and receipts legislation at the same time the OMB sequestration preview report is issued. Requires OMB to include the amount of any change in revenues as a deficit decrease in estimates and sequestration reports unless such amount is offset by legislation decreasing revenues in an amount not exceeding the amount of such decrease. Sets forth the revenue targets absent growth for FY 1998 through 2002. Considers legislation decreasing revenues in compliance with this Act to be in order for purposes of specified provisions regarding congressional pay-as-you-go points of order and consideration in the Senate.

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

Timeline

  1. 23 May 1997

    Introduced

    Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, as modified by the order of April 11, 1986, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

    Source: IntroReferral

  2. 23 May 1997

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Referral Instructions Senate (text)

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Leesvertaling

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  • Referral Instructions Senate (text)

    Referral Instructions Senate · EN · 23 May 1997

    ViewDownloadOpen at official source

  • Referral Instructions Senate (PDF)

    Referral Instructions Senate · EN · 23 May 1997

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 23 May 1997

    Open at official source

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Sponsors

Related records

Sources

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