HR 4198
103th Congress
House
Economics and Public Finance
Budget deficits
Congress
Cost accounting
Costs
Economic growth
Federal budgets
Finance and Financial Sector
Foreign Trade and International Finance
International Affairs
Legislation
Tariff
Trade agreements
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to require that OMB and CBO estimates for paygo purposes score increased revenues caused by economic growth resulting from legislation implementing any trade agreement.
Introduced: April 13, 1994
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 1994
Referred to the Subcommittee on Legislation and National Security.
Apr 13, 1994
Referred to the House Committee on Government Operations.
Apr 13, 1994
Introduced in House
Apr 12, 1994
Sponsor introductory remarks on measure. (CR H2201-2202)
Plain-English summary
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require pay-as-you-go estimates with respect to legislation implementing trade agreements to take into account increased revenue caused by economic growth resulting from such legislation to offset any loss in tariff revenues due to that legislation.
What's happening now
Referred to the Subcommittee on Legislation and National Security.
Committees of jurisdiction
2
Cosponsors
1