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H.R. 4601 106th Congress House

Debt Reduction Reconciliation Act of 2000

Official title: To provide for reconciliation pursuant to section 213(c) of the concurrent resolution on the budget for fiscal year 2001 to reduce the public debt and to decre… Show full official titleShow less

Official title: To provide for reconciliation pursuant to section 213(c) of the concurrent resolution on the budget for fiscal year 2001 to reduce the public debt and to decrease the statutory limit on the public debt.

Introduced: June 8, 2000 See on congress.gov
Economics and Public Finance AppropriationsBudget deficitsBudget reconciliationBudget resolutions
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Budget surplusesCongressCongressional budgetCongressional budget processCongressional investigationsCongressional reporting requirementsDebt limitFederal budgetsFederal receipts and expendituresFinance and Financial SectorGovernment Operations and PoliticsGovernment publicationsGovernment publicityGovernment securitiesGovernment spending reductionsGovernment trust fundsOff-budget expendituresPublic debt
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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 17 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2000
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 626.
Jun 21, 2000
Received in the Senate, read the first time.
Jun 20, 2000
Motion to reconsider laid on the table Agreed to without objection.
Jun 20, 2000
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 5 (Roll no. 296). (text: CR H4701-4702)
Jun 20, 2000
Considered as unfinished business. (consideration: CR H4722-4723)
Jun 20, 2000
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jun 20, 2000
DEBATE - The House proceeded with forty minutes of debate on H.R. 4601.
Jun 20, 2000
Considered under suspension of the rules. (consideration: CR H4701-4708)
Jun 20, 2000
Mr. Archer moved to suspend the rules and pass the bill, as amended.
Jun 12, 2000
Placed on the Union Calendar, Calendar No. 377.
Jun 12, 2000
Committee on The Budget discharged.
Jun 12, 2000
House Committee on The Budget Granted an extension for further consideration ending not later than June 12, 2000.
Jun 12, 2000
Reported (Amended) by the Committee on Ways and Means. H. Rept. 106-673, Part I.
Jun 8, 2000
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 3.
Jun 8, 2000
Committee Consideration and Mark-up Session Held.
Jun 8, 2000
Referred to the Committee on Ways and Means, 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.
Jun 8, 2000
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 20, 2000 House · vote #296 On Motion to Suspend the Rules and Pass, as Amended Passed 419–5 See who voted →
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 Latest action June 22, 2000

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 626.

 Plain-English summary Congressional Research Service
Debt Reduction Reconciliation Act of 2000 - Amends Federal public finance provisions to establish the Public Debt Reduction Payment Account in the Treasury. Requires the Secretary of the Treasury to use amounts in the Account to pay at maturity, or redeem or buy before maturity, any Government obligation held by the public and included in the public debt. Provides that any obligation which is paid, redeemed, or bought with amounts from the Account shall be canceled and retired and prohibits its reissuance.

Provides that if the Congressional Budget Office estimates an on-budget surplus for FY 2000 in a report submitted to the congressional budget committees pursuant to the Congressional Budget Act of 1974 that exceeds the amount of the surplus for such fiscal year set forth in the concurrent resolution on the budget for FY 2001 (H. Con. Res. 290, 106th Congress), then an amount equal to that excess is appropriated into the Account for FY 2000. Prohibits such appropriation from being considered as direct spending for purposes of pay-as-you-go provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).

Reduces the public debt limit by the amount appropriated into the Account.

Bars Account receipts and disbursements from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of : (1) the Federal Government budget as submitted by the President; (2) the congressional budget; or (3) the Gramm-Rudman-Hollings Act.

Requires the Secretary to report to Congress on the Account.

 Related & companion bills 1
  • HR 4866 Debt Relief Reconciliation Act for Fiscal Year 2001
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4601: Debt Reduction Reconciliation Act of 2000. 106th Congress. Open America. https://openamerica.io/bill/106-HR-4601/
MLA
"H.R. 4601: Debt Reduction Reconciliation Act of 2000." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-4601/.
Bluebook (legal)
H.R. 4601, 106th Cong. (2026), https://openamerica.io/bill/106-HR-4601/.
Markdown link
[H.R. 4601: Debt Reduction Reconciliation Act of 2000](https://openamerica.io/bill/106-HR-4601/)
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