[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4198 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4198

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
    to require that OMB and CBO estimates for paygo purposes score 
increased revenues caused by economic growth resulting from legislation 
                   implementing any trade agreement.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 13, 1994

  Mr. Ewing (for himself, Mr. Parker, Mr. Dornan, Mr. Gilchrest, Mr. 
 Rohrabacher, Mr. Knollenberg, Mr. Lewis of Florida, Mr. Hastert, Mr. 
 Walker, Mr. Hutchinson, Mr. Solomon, Mr. Ramstad, Mr. Cunningham, and 
 Mr. Boehner) introduced the following bill; which was referred to the 
                   Committee on Government Operations

_______________________________________________________________________

                                 A BILL


 
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
    to require that OMB and CBO estimates for paygo purposes score 
increased revenues caused by economic growth resulting from legislation 
                   implementing any trade agreement.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That section 252(d) of 
the Balanced Budget and Emergency Deficit Control Act of 1985 is 
amended--
            (1) in the last sentence, by inserting ``Except as provided 
        by the next sentence,'' before ``OMB'' the first place it 
        appears; and
            (2) by adding at the end the following new sentence: ``OMB 
        and CBO estimates prepared under this subsection respecting 
        legislation implementing a trade agreement entered into between 
        the United States and one or more foreign countries shall take 
        into account increased revenue caused by economic growth 
        resulting from that legislation to offset any loss in tariff 
        revenues due to that legislation.''.

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