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HR 111 106th Congress House Transportation and Public Works Airports Authorization Budget deficits Budget surpluses Congress Congressional budget Congressional reporting requirements Deficit financing Deficit reduction Economics and Public Finance Federal aid to transportation Federal budgets Federal receipts and expenditures Finance and Financial Sector Government spending reductions Government trust funds Harbors Infrastructure Inland water transportation

Truth in Budgeting Act

Introduced: January 6, 1999 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 9, 1999
Sponsor introductory remarks on measure. (CR E372)
Jan 19, 1999
Referred to the Subcommittee on Aviation.
Jan 19, 1999
Referred to the Subcommittee on Water Resources and Environment.
Jan 6, 1999
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on the Budget, 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.
Jan 6, 1999
Sponsor introductory remarks on measure. (CR E1-2)
Jan 6, 1999
Introduced in House
 Plain-English summary Congressional Research Service

Truth in Budgeting Act - Prohibits the receipts and disbursements of the Airport and Airway Trust Fund, the Inland Waterways Trust Fund, and the Harbor Maintenance Trust Fund from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of the Federal budget as submitted by the President, the congressional budget, or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Exempts such trust funds from any general statutory budget outlays limitation.

Amends Federal transportation law to require the Secretary of Transportation to estimate annually: (1) what, but for this Act, would be at the close of the next fiscal year the amount of unfunded aviation authorizations; and (2) the net aviation receipts at the close of such year.

What's happening now March 9, 1999

Sponsor introductory remarks on measure. (CR E372)

 Committees of jurisdiction 4
 Cosponsors 14
All 14 Democratic 9 Republican 5