[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 29 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                 H. R. 29

   To provide that of amounts available to a designated agency for a 
fiscal year that are not obligated in the fiscal year, up to 50 percent 
may be used to pay bonuses to agency personnel and the remainder shall 
be deposited into the general fund of the Treasury and used exclusively 
                         for deficit reduction.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 4, 1995

  Mr. Duncan introduced the following bill; which was referred to the 
              Committee on Government Reform and Oversight

_______________________________________________________________________

                                 A BILL


 
   To provide that of amounts available to a designated agency for a 
fiscal year that are not obligated in the fiscal year, up to 50 percent 
may be used to pay bonuses to agency personnel and the remainder shall 
be deposited into the general fund of the Treasury and used exclusively 
                         for deficit reduction.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. USE OF UNOBLIGATED AMOUNTS FOR BONUSES AND DEFICIT 
              REDUCTION.

    (a) In General.--Of amounts available to a designated agency 
specifically for administrative expenses for a fiscal year or a period 
of fiscal years that are not obligated before the end of the fiscal 
year or period, respectively--
            (1) the head of the agency may use up to 50 percent to pay 
        bonuses to personnel of the agency; and
            (2) the remainder shall be deposited in the general fund of 
        the Treasury and used exclusively for deficit reduction.
    (b) Application.--This subsection shall apply with respect to 
fiscal years beginning after the date of the enactment of this Act.

SEC. 2. DESIGNATION OF AGENCIES.

    (a) In General.--An agency shall be a designated agency under 
section 1 if the agency is designated for that purpose by the Director 
of the Office of Management and Budget.
    (b) Designation of Agencies.--The Director of the Office of 
Management and Budget--
            (1) shall designate not more than one agency under this 
        section for the first fiscal year beginning after the date of 
        the enactment of this Act; and
            (2) may designate such number of agencies under this 
        subsection for fiscal years after that first fiscal year as the 
        Director considers to be appropriate based on the effectiveness 
        of this section in reducing the deficit.

SEC. 3. REPORTS.

    The Director of the Office of Management and Budget shall submit a 
report to the Congress by not later than December 31 of each year on 
the implementation of this section in the preceding fiscal year, 
describing the effectiveness of this section in reducing the deficit.
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