H.R. 5406 · 111th Congress
Corporate Subsidy Reform Commission 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.
D
SmithSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Corporate Subsidy Reform Commission Act - Establishes in the legislative branch an independent commission, to be known as the Corporate Subsidy Reform Commission, to: (1) examine and identify federal programs and laws that provide inequitable federal subsidies (federal government payments to a corporation or business [other than a nonprofit organization, a…
What it does: CRS summary · Introduced in House · May 26, 2010
Corporate Subsidy Reform Commission Act - Establishes in the legislative branch an independent commission, to be known as the Corporate Subsidy Reform Commission, to: (1) examine and identify federal programs and laws that provide inequitable federal subsidies (federal government payments to a corporation or business [other than a nonprofit organization, a state or local government, or Indian tribe] that provide an unfair competitive advantage or financial windfall and that are not awarded for purposes in the broad public interest on a competitive basis); (2) review such subsidies; and (3) submit to Congress recommendations regarding the termination, modification, or retention of such subsidies.
Requires the head of each federal department or agency to include in its budget justification documents submitted for FY2012 a list of all programs and laws administered by that department or agency determined to provide inequitable federal subsidies, together with recommendations to the Commission regarding their termination, modification, or retention. Directs the Commission to review such recommendations, and report review results to Congress. Requires the Comptroller General to: (1) assist the Commission during any such reviews; and (2) submit to Congress an analysis of the lists, statements, and recommendations of each department or agency.
Expresses the sense of Congress that, following submission of the Commission's report, Congress should promptly consider legislation that would enact changes in federal statutes necessary to implement Commission recommendations.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Corporate Subsidy Reform Commission Act
Latest action (Jul 30, 2010): Referred to the Subcommittee on Government Management, Organization, and Procurement.
Policy area: Government Operations and Politics · Origin: House · Introduced: May 26, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.