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HR 4174 105th Congress House Economics and Public Finance Budget deficits Congress Congressional budget process Congressional reporting requirements Deficit reduction Expedited congressional procedure Federal budgets Government Operations and Politics House rules and procedure Legislation Presidential messages Rescission of appropriated funds Senate rules and procedure Tax cuts Tax incentives Taxation

To amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority.

Introduced: June 25, 1998 See on congress.gov
This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 1998
Referred to House Rules
Jun 25, 1998
Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jun 25, 1998
Referred to House Budget
Jun 25, 1998
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Congressional Budget and Impoundment Control Act of 1974 to replace provisions regarding the rescission of budget authority with those authorizing the President to propose the rescission of any budget authority provided in an appropriation Act or repeal of any targeted tax benefit provided in any revenue Act.

Authorizes the President to transmit a draft bill to the Congress with such a proposal that clearly identifies the budget authority proposed to be rescinded or the targeted tax benefit to be repealed. Includes within such bill a Deficit Reduction Account. Permits the President to place in the Account an amount not to exceed total rescissions in the bill.

Establishes expedited procedures in the Senate and the House of Representatives for consideration of such bill.

Makes any amount of budget authority proposed to be rescinded available for obligation on the day after the date either House rejects such bill. Deems any targeted tax benefit proposed for repeal to be repealed unless either House rejects such bill during a prescribed time frame.

What's happening now June 25, 1998

Referred to House Rules

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4174: To amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-4174/
MLA
"H.R. 4174: To amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-4174/.
Bluebook (legal)
H.R. 4174, 105th Cong. (2026), https://openamerica.io/bill/105-HR-4174/.
Markdown link
[H.R. 4174: To amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority.](https://openamerica.io/bill/105-HR-4174/)
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