H.R. 5192 · 113th Congress
THRIFT Act of 2014
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
WebsterSponsorNo cosponsors.
To Help Reduce Inefficient Federal Tendencies Act of 2014 or the THRIFT Act of 2014 - Allows federal agencies, including judicial branch agencies, to: (1) retain up to 25% of annual savings from the implementation of plans developed by such agencies to create efficiencies and cost savings in agency operations, and (2) use such savings for specified…
What it does: CRS summary · Introduced in House · Jul 24, 2014
To Help Reduce Inefficient Federal Tendencies Act of 2014 or the THRIFT Act of 2014 - Allows federal agencies, including judicial branch agencies, to: (1) retain up to 25% of annual savings from the implementation of plans developed by such agencies to create efficiencies and cost savings in agency operations, and (2) use such savings for specified purposes, including salary increases and employee awards for cost savings disclosures. Requires an agency to submit to the appropriate congressional committees a plan and an associated request to amend its approved operating budget specifying how such savings will be achieved and the amount and source of such savings.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: THRIFT Act of 2014
Also known as: To Help Reduce Inefficient Federal Tendencies Act of 2014
Latest action (Sep 26, 2014): Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Policy area: Government Operations and Politics · Origin: House · Introduced: Jul 24, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.