legislation: 105-hr-2860
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 105-hr-2860 | 105 | hr | 2860 | Budget Surplus Dividend Act of 1997 | Economics and Public Finance | 1997-11-06 | 1997-11-18 | Referred to the Subcommittee on Social Security. | House | Rep. Schumer, Charles E. [D-NY-9] | NY | D | S000148 | 0 | Budget Surplus Dividend Act of 1997 - Amends the Internal Revenue Code to allocate credits to taxpayers for social security taxes, during any year in which there is a Federal budget surplus of more than $1 billion, so as to utilize 50 percent of such surplus. Requires that, during any such year, the remainder of such surplus shall be split and used to: (1) reduce the outstanding public debt; and (2) increase nondefense discretionary spending limits. | 2025-08-21T16:14:14Z | https://www.congress.gov/bill/105th-congress/house-bill/2860 |