H.R. 121

Congressional Budget Accountability Act

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I

112th CONGRESS

1st Session

H. R. 121

IN THE HOUSE OF REPRESENTATIVES

January 5, 2011

Mr. Gingrey of Georgia (for himself, Mr. Bass of New Hampshire, Mr. Gowdy, Mr. Scalise, Mr. Austin Scott of Georgia, Mr. Stivers, and Mr. Walberg) introduced the following bill; which was referred to the Committee on House Administration

A BILL

To require any amounts remaining in a Member’s Representational Allowance at the end of a fiscal year to be deposited in the Treasury and used for deficit reduction or to reduce the Federal debt.

1.

Short title

This Act may be cited as the Congressional Budget Accountability Act.

2.

Requiring amounts remaining in members’ representational allowances to be used for deficit reduction or to reduce the federal debt

(a)

In General

Notwithstanding any other provision of law, any amounts appropriated for Members’ Representational Allowances for the House of Representatives for a fiscal year which remain after all payments are made under such Allowances for the year shall be deposited in the Treasury and used for deficit reduction, except that in the case of a fiscal year for which there is no Federal budget deficit, such amounts shall be used to reduce the Federal debt (in such manner as the Secretary of the Treasury considers appropriate).

(b)

Regulations

The Committee on House Administration shall promulgate such regulations as may be necessary to carry out this section.

(c)

Effective Date

This section shall apply with respect to fiscal year 2011 and each succeeding fiscal year.