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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 Congressional Research Service

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 April 15, 1994

Referred to the Subcommittee on Legislation and National Security.

 Committees of jurisdiction 2