S.1587: Pay-as-you-go Extension Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about congress
  • Introduced Jan. 29, 1998
  • Latest Major Action Jan. 29, 1998

Bill Summary

Pay-as-you-go Extension Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to provide that pay-as-you-go requirements shall be effective until the Federal budget, excluding the receipts and disbursements of the social security trust funds and any other Federal trust fund included in the gross Federal debt, is in balance or surplus.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
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.
Jan. 29, 1998

Introduced in the Senate by Ernest F. Hollings (D-S.C.)

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