HR 4074 · 99th Congress · Economics and Public Finance

A bill to repeal part C of the Balanced Budget and Emergency Deficit Control Act of 1985 (relating to emergency powers to eliminate deficits in excess of maximum deficit amount), and to make conforming amendments in other provisions of that Act and in related provisions of the Congressional Budget Act.

Introduced 1986-01-29· Sponsored by Rep. Moody, Jim [D-WI-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Legislation and National Security.(1986-02-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to repeal provisions relating to emergency powers to eliminate deficits exceeding maximum deficit amounts. Repeals provisions prescribing such amounts.…

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