H.R. 2414 (107th): To require any amounts appropriated for Members’ Representational Allowances for the House of Representatives for a fiscal ...

...year that remain after all payments are made from such Allowances for the year to be deposited in the Treasury an

107th Congress, 2001–2002. Text as of Jun 28, 2001 (Introduced).

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HR 2414 IH

107th CONGRESS

1st Session

H. R. 2414

To require any amounts appropriated for Members’ Representational Allowances for the House of Representatives for a fiscal year that remain after all payments are made from such Allowances for the year to be deposited in the Treasury and used for deficit reduction or to reduce the Federal debt.

IN THE HOUSE OF REPRESENTATIVES

June 28, 2001

Mr. ROEMER (for himself, Mr. CLEMENT, Mr. GUTKNECHT, Mr. HILL, Mr. KIRK, Mr. LARGENT, Mrs. MCCARTHY of New York, Mr. MCHUGH, Mr. MOORE, Mr. MORAN of Virginia, Mrs. MORELLA, Mr. NETHERCUTT, Ms. RIVERS, Mr. SHOWS, Mr. SIMMONS, Mrs. THURMAN, and Mr. TURNER) introduced the following bill; which was referred to the Committee on House Administration


A BILL

To require any amounts appropriated for Members’ Representational Allowances for the House of Representatives for a fiscal year that remain after all payments are made from such Allowances for the year to be deposited in the Treasury and used for deficit reduction or to reduce the Federal debt.

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

SECTION 1. REQUIRING AMOUNTS REMAINING IN MEMBERS’ REPRESENTATIONAL ALLOWANCES TO BE USED FOR DEFICIT REDUCTION OR TO REDUCE THE FEDERAL DEBT.

    (a) IN GENERAL- Notwithstanding any other provision of law, any amounts appropriated for Members’ Representational Allowances for the House of Representatives for a fiscal year which remain after all payments are made under such Allowances for the year shall be deposited in the Treasury and used for deficit reduction, except that in the case of a fiscal year for which there is no Federal budget deficit, such amounts shall be used to reduce the Federal debt (in such manner as the Secretary of the Treasury considers appropriate).

    (b) EFFECTIVE DATE- This section shall apply with respect to fiscal year 2002 and each succeeding fiscal year.