S 358 · 106th Congress · Economics and Public Finance

Fiscal Discipline for a New Millennium Act of 1999

Introduced 1999-02-03· Sponsored by Sen. Grams, Rod [R-MN]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977 with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.(1999-02-03)

Plain Language Summary

[AI summary unavailable — showing source text] Fiscal Discipline for a New Millenium Act of 1999 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to set discretionary spending limits for FY 2001 through 2010 at the limits of new budget authority and outlays for FY 2000. Requires an affirmative vote of two-thirds (currently, three-fifths) of Members of the Senate to waive a point of order against legislation that would exceed discretionary spending limits.…

Summarized by Claude AI · Non-partisan · For informational purposes only