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Corporate Entitlement Reform Act of 2005

Introduced: November 8, 2005 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 8, 2005
Referred to the Committee on Government Reform, and in addition to the Committees on Ways and Means, and 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.
Nov 8, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Corporate Entitlement Reform Act of 2005 - Establishes the Corporate Entitlement Reform Commission to: (1) examine and identify federal programs and tax laws that provide corporate entitlements (federally-funded payments to profitmaking enterprises provided without a reasonable expectation that activities performed in return for such payments would result in benefits to the public at least as great as the payments); (2) review such entitlements; (3) recommend $50 billion in federal savings on corporate entitlements for the period beginning October 1, 2006, and ending September 30, 2016; and (4) report to Congress on its findings and recommendations.

Sets forth procedures for congressional consideration and implementation of the Commission's recommendations.

What's happening now November 8, 2005

Referred to the Committee on Government Reform, and in addition to the Committees on Ways and Means, and 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.

 Committees of jurisdiction 3