S 2973 · 97th Congress · Government Operations and Politics

National Debt Retirement Act of 1982

Introduced 1982-09-29· Sponsored by Sen. Percy, Charles H. [R-IL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Governmental Affairs.(1982-09-29)

Plain Language Summary

[AI summary unavailable — showing source text] National Debt Retirement Act of 1982 - Amends the Federal Property and Administrative Services Act of 1949 to require the cash proceeds from the transfer, lease, or disposal of surplus government property, with specified exceptions, to be deposited into the general fund of the Treasury and used solely to retire the national debt.…

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