A bill to amend the Internal Revenue Code of 1986 to allow individuals to designate that up to 10 percent of their income tax liability be used to reduce the national debt, and to require spending reductions equal to the amounts so designated.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Senator for Arizona. Republican.
Last Updated: Jul 13, 2017
Length: 8 pages
115th Congress, 2017–2019
This bill was introduced on July 13, 2017, in a previous session of Congress, but was not enacted.
Jun 16, 2010
Earlier Version — Introduced
This activity took place on a related bill, H.R. 5536 (111th).
Jul 13, 2017
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
S. 1552 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2019). S. 1552 — 115th Congress: Debt Buy-Down Act. Retrieved from https://www.govtrack.us/congress/bills/115/s1552
“S. 1552 — 115th Congress: Debt Buy-Down Act.” www.GovTrack.us. 2017. June 19, 2019 <https://www.govtrack.us/congress/bills/115/s1552>
Debt Buy-Down Act, S. 1552, 115th Cong. (2017).
|title=S. 1552 (115th)
|accessdate=June 19, 2019
|author=115th Congress (2017)
|date=July 13, 2017
|quote=Debt Buy-Down Act
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.