H.R. 4198 — To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to require that OMB and CBO estimates for paygo purposes score increased revenues caused by economic growth resulting from legislation implementing any trade agreement.

Summary

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require pay-as-you-go estimates with respect to legislation implementing trade agreements to take into account increased revenue caused by economic growth resulting from such legislation to offset any loss in tariff revenues due to that legislation.

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Legislative Actions

1994-04-12
Sponsor introductory remarks on measure. (CR H2201-2202)
1994-04-13
Introduced in House
1994-04-13
Introduced in House
1994-04-13
Referred to the House Committee on Government Operations.
1994-04-15
Referred to the Subcommittee on Legislation and National Security.

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to require that OMB and CBO estimates for paygo purposes score increased revenues caused by economic growth resulting from legislation implementing any trade agreement.

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Summary

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