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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="5192" measure-id="id113hr5192" originChamber="HOUSE" orig-publish-date="2014-07-24" update-date="2014-09-12">
<title>THRIFT Act of 2014</title>
<summary summary-id="id113hr5192v00" currentChamber="HOUSE" update-date="2014-09-12">
<action-date>2014-07-24</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>To Help Reduce Inefficient Federal Tendencies Act of 2014 or&nbsp;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&nbsp;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.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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