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Bill > HR3746


US HR3746

US HR3746
Administrative Pay-As-You-Go Act of 2023


summary

Introduced
05/29/2023
In Committee
05/30/2023
Crossed Over
05/31/2023
Passed
06/03/2023
Dead
Signed/Enacted/Adopted
06/03/2023

Introduced Session

118th Congress

Bill Summary

AN ACT To provide for a responsible increase to the debt ceiling.

AI Summary

This bill, the Fiscal Responsibility Act of 2023, sets discretionary spending limits for fiscal years 2024 and 2025, imposes budget enforcement measures in the House and Senate, rescinds unobligated funds from various COVID-19 relief and other legislation, establishes a statutory administrative pay-as-you-go requirement for agency actions that affect direct spending, terminates the suspension of federal student loan payments, and includes various other provisions aimed at fiscal responsibility and economic growth. Key provisions include setting discretionary spending limits, rescinding unobligated funds, and establishing requirements for administrative actions that affect direct spending.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Business and Industry, Transportation and Infrastructure

Sponsors (1)

Last Action

Became Public Law No: 118-5. (on 06/03/2023)

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