[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 497 Introduced in House (IH)]
107th CONGRESS
1st Session
H. R. 497
To provide that of amounts available to a designated agency for
administrative expenses 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.
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IN THE HOUSE OF REPRESENTATIVES
February 7, 2001
Mr. Duncan introduced the following bill; which was referred to the
Committee on Government Reform
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A BILL
To provide that of amounts available to a designated agency for
administrative expenses 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.
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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