A bill to amend section 204 of the Federal Property and Administrative Services Act of 1949 to authorize the deposits of cash proceeds from the disposal of surplus real property into the general fund of the Treasury to be used to retire the national debt of the United States.
National Debt Retirement Act of 1983 - 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.
Introduced in House
Introduced in House
Referred to House Committee on Government Operations.
Executive Comment Requested from OMB, GSA, Treasury, GAO.
Referred to Subcommittee on Government Activities and Transportation.
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