S.1576: A bill to provide that Federal employees who are furloughed or are not paid for performing essential services during a period of a lapse in appropriations, may receive a loan, paid at their standard rate of compensation, from the Thrift Savings Fund, and for other purposes.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about taxation
  • Introduced Feb. 27, 1996
  • Latest Major Action Feb. 27, 1996

Bill Summary

Authorizes a Federal employee to borrow an amount from his or her account in the Thrift Savings Fund during any period of lapse of appropriations in FY 1996 if during such period the employee: (1) is furloughed as a result of the lapse; or (2) performs emergency services involving the safety of human life or the protection of property, and does not receive compensation for such services as a result of such lapse. Specifies loan conditions....

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Governmental Affairs.
Feb. 27, 1996

Introduced in the Senate by Barbara A. Mikulski (D-Md.)

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