S. 2527 — A bill to amend section 257(e) of the Balanced Budget and Emergency Defecit Control Act of 1985 to modify the treatment of losses from asset sales.

Summary

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to allow the proceeds from the sale of an asset to be applied to offset the loss of any revenue or receipts resulting from such sale.

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Legislative Actions

1994-10-06
Introduced in Senate
1994-10-06
Sponsor introductory remarks on measure. (CR S14512)
1994-10-06
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.

A bill to amend section 257(e) of the Balanced Budget and Emergency Defecit Control Act of 1985 to modify the treatment of losses from asset sales.

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