S 102 · 103th Congress · Economics and Public Finance
A bill to provide for a line item veto; capital gains tax reduction; enterprise zones; raising the social security earnings limit; and workfare.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Sponsor introductory remarks on measure. (CR S5546)(1993-05-05)
Plain Language Summary
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TABLE OF CONTENTS: Title I: Line-Item Veto Title II: Capital Gains Title III: Social Security Earnings Test Title IV: Urban Tax Enterprise Zones and Rural Development Investment Zones Subtitle A: Designation and Tax Incentives Subtitle B: Redevelopment Bonds for Tax Enterprise Zones Subtitle C: Credit for Contributions to Certain Community Development Corporations Subtitle D: Indian Employment and Investment Subtitle E: Study Title V: Workfare Title I: Line Item Veto - Amends the Congressional Budget and Impoundment Control Act of 1974 to grant the President legislative line item veto rescission authority. Authorizes the President to rescind all or part of any budget authority if the President determines that such rescission: (1) would help balance the Federal budget, reduce the Federal budget deficit, or reduce the public debt; (2) will not impair any essential Government functions; and (3) will not harm the national interest. Requires the President to notify the Congress of such a rescission by special message. Makes such a rescission effective unless the Congress, during a review period of 20 calendar days, enacts a rescission disapproval bill. Describes: (1) information to be i…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
20 Republicans