HR 2519 · 95th Congress · Economics and Public Finance

Job Creation and Economic Growth Act

Introduced 1977-01-26· Sponsored by Rep. Sarasin, Ronald A. [R-CT-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Education and Labor.(1977-01-26)

Plain Language Summary

[AI summary unavailable — showing source text] Jobs Creation and Economic Growth Act - Title I: Job Creation Through Government Reform - Provides for the expiration of all provisions of law which authorize new budget authority for programs other than trust funds in the Treasury, on October 1, 1980. Prohibits the authorization of budget authority for new programs for a term greater than four years. Prohibits the authorization of new budget authority for existing programs which exceeds any previous extension of authority by more than one year, or which exceeds one fiscal year in the case of programs not previously extended. Prohibits, after October 1, 1981, any extension of budget authority, or any changes in programs funded from Treasury trust funds or having permanent budget authority unless the concerned program has undergone a program control review. Provides that such reviews shall be undertaken for every Government program by the appropriate Congressional committee at least once every four fiscal years to evaluate specified factors pertaining to the future need and efficiency of the concerned program. Directs the Comptroller General to make annual reports through 1979 identifying all Government programs funded from permanen…

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

Cosponsors (6)

1 Democrat5 Republicans