H.R.1059: Downpayment on the Debt Act of 1999

About This Bill

  • This bill was introduced in the 106th Congress
  • This bill is primarily about congress
  • Introduced March 10, 1999
  • Latest Major Action March 10, 1999

Bill Summary

Downpayment on the Debt Act of 1999 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to provide that the purpose of pay-as-you-go provisions is to ensure that legislation (currently, legislation enacted before FY 2002) affecting direct spending or receipts that results in a net budget increase (currently, increases the deficit) will trigger an offsetting sequestration. Extends pay-as-you-go and...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on the Budget.
March 10, 1999

Introduced in the House by David Minge (D-Minn.)

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