H.R. 4762 · 111th Congress
Congressional Pay Cut for Debt Reduction Act
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Congressional Pay Cut for Debt Reduction Act - Amends the Legislative Reorganization Act of 1946 to: (1) reduce the annual salary of Members of Congress to 90% of the mandatory rate determined for such positions; and (2) eliminate automatic pay adjustments for Members of Congress.
What it does: CRS summary · Introduced in House · Mar 4, 2010
Congressional Pay Cut for Debt Reduction Act - Amends the Legislative Reorganization Act of 1946 to: (1) reduce the annual salary of Members of Congress to 90% of the mandatory rate determined for such positions; and (2) eliminate automatic pay adjustments for Members of Congress.
Requires the Secretary of the Treasury, as soon as practicable after the beginning of each fiscal year, to: (1) calculate the reduction in outlays expected to occur during the fiscal year as a result of the application of the amendments made by this Act; and (2) transfer an equivalent amount to a specified account in the Treasury to reduce the public debt.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Congressional Pay Cut for Debt Reduction Act
Latest action (Mar 4, 2010): Referred to House Oversight and Government Reform
Policy area: Congress · Origin: House · Introduced: Mar 4, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.