legislation: 106-hres-490

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
106-hres-490 106 hres 490 Save Our Surplus for Debt Reduction and Tax Rebate Resolution of 2000 Economics and Public Finance 2000-05-04 2000-05-11 Sponsor introductory remarks on measure. (CR H2957-2958) House Rep. Weldon, Dave [R-FL-15] FL R W000267 5 Save Our Surplus for Debt Reduction and Tax Rebate Resolution of 2000 - Expresses the sense of the House of Representatives that if the Office of Management and Budget, in its supplemental summary of the budget for FY 2001, projects an increase in the on-budget surplus from the projection for that surplus set forth in the President's budget submission for such fiscal year that: (1) is $16 billion or less for FY 2000, then such amount should be dedicated to reducing publicly- held debt; or (2) exceeds such amount for FY 2000, then $16 billion should be returned as a tax rebate distributed equally to every American household that paid Federal income taxes for taxable year 1998 and any excess should be dedicated to reducing such debt. Expresses the sense of the House that any individual receiving a tax rebate who desires to do so may return the check in order to reduce such debt. 2025-08-20T14:19:22Z  

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