< Back to H.R. 2842 (104th Congress, 1995–1996)

Text of To provide for interest-free loans for furloughed Federal employees.

This bill was introduced on January 4, 1996, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jan 4, 1996 (Introduced).

Source: GPO

HR 2842 IH

104th CONGRESS

2d Session

H. R. 2842

To provide for interest-free loans for furloughed Federal employees.

IN THE HOUSE OF REPRESENTATIVES

January 4, 1996

Mr. LONGLEY introduced the following bill; which was referred to the Committee on Government Reform and Oversight


A BILL

To provide for interest-free loans for furloughed Federal employees.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. INTEREST-FREE LOANS FOR FURLOUGHED FEDERAL EMPLOYEES.

    Notwithstanding any other provision of law, during any period of lapsed appropriations during which this Act is enacted, the Secretary of the Treasury shall, in accordance with this section, provide for the issuance of loans to furloughed Federal employees, free of interest, from funds otherwise available in the Civil Service Retirement and Disability Fund or the Thrift Savings Fund. The total amount of such loans which may be issued to any such furloughed Federal employee as of any date may not exceed the total amount of basic pay which has not been paid to such employee, for such period of lapsed appropriations, by reason of the lapse in appropriations. The total amount of any such loan (outstanding with respect to any such employee as of the termination of such period of lapsed appropriations) shall be repaid--

      (1) in the case of any furloughed Federal employee remaining so employed as of the end of the period of lapsed appropriations, by means of withholding by the Secretary of the Treasury from any payment made to such employee of basic pay remaining unpaid for such period of lapsed appropriations and depositing the amount withheld in the Fund from which the loan was made, or

      (2) in any other case, by such means as the Secretary shall provide.

SEC. 2. DEFINITIONS.

    For purposes of this Act--

      (1) PERIOD OF LAPSED APPROPRIATIONS- The term ‘period of lapsed appropriations’ means, in connection with a furloughed Federal employee, any period during which appropriations are not available due to the absence of the timely enactment of any Act or joint resolution appropriating funds for the agency in which that employee is employed.

      (2) FURLOUGHED FEDERAL EMPLOYEE-

        (A) IN GENERAL- The term ‘furloughed Federal employee’ means an employee of the Federal Government or the District of Columbia who is not paid for any period because such period is included in a period of lapsed appropriations.

        (B) EXCLUSION OF POLITICAL APPOINTEES- Such term does not include an individual who--

          (i) is employed in a position on the executive schedule under sections 5312 through 5316 of title 5, United States Code,

          (ii) is a limited term appointee, limited emergency appointee, or noncareer appointee in the senior executive service as defined under paragraph (5), (6), or (7) of section 3132(a) of title 5, United States Code, respectively, or

          (iii) is employed in a position in the executive branch of the Government of a confidential or policy-determining character under Schedule C of subpart C of part 213 of title 5 of the Code of Federal Regulations.