[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4306 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 4306

 To eliminate the spending cap adjustments for International Monetary 
                        Fund funding increases.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 22, 1998

 Mr. Sanford introduced the following bill; which was referred to the 
Committee on the Budget, and in addition to the Committee on Rules, for 
a period to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
                          committee concerned

_______________________________________________________________________

                                 A BILL


 
 To eliminate the spending cap adjustments for International Monetary 
                        Fund funding increases.

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

SECTION 1. AMENDMENT TO THE CONGRESSIONAL BUDGET ACT OF 1974.

    Section 314(b) of the Congressional Budget Act of 1974 is amended 
by striking paragraph (3) and by redesignating paragraphs (4) through 
(6) as paragraphs (3) through (5), respectively.

SEC. 2. AMENDMENT TO THE BALANCED BUDGET AND EMERGENCY DEFICIT CONTROL 
              ACT OF 1985.

    Section 251(b)(2) of the Balanced Budget and Emergency Deficit 
Control Act of 1985 is amended by striking subparagraph (D) and by 
redesignating subparagraphs (E) and (F) as subparagraphs (D) and (E), 
respectively.
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