H.R. 7029 · 110th Congress
National Debt Reduction Trust Fund Act of 2008
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
TerrySponsorNo cosponsors.
National Debt Reduction Trust Fund Act of 2008 - Establishes in the Treasury the National Debt Reduction Trust Fund.
What it does: CRS summary · Introduced in House · Sep 23, 2008
National Debt Reduction Trust Fund Act of 2008 - Establishes in the Treasury the National Debt Reduction Trust Fund. Requires the Secretary of the Treasury to transfer to such Trust Fund revenues attributable to the exploration for, development of, or production of oil, natural gas, or oil shale located on federal lands in Alaska or the Outer Continental Shelf and to use such revenues to reduce the national debt.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Debt Reduction Trust Fund Act of 2008
Latest action (Sep 29, 2008): Referred to the Subcommittee on Energy and Mineral Resources.
Policy area: Energy · Origin: House · Introduced: Sep 23, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.