Statutory Pay-As-You-Go Act of 2009

HB 2920 Statutory Pay As You Go Act of 2009

US Congress 111th Congress

Statutory Pay-As-You-Go Act of 2009
HB-2920


About HB-2920

Statutory Pay-As-You-Go Act of 2009 -


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Section 4

Requires a Pay-As-You-Go (PAYGO) Act to include by reference an estimate of its budgetary effects as determined by the Congressional Budget Act of 1974 (CBA), if timely submitted for printing in the Congressional Record by the chairs of the congressional budget committees (chairs) before the vote on it. Requires:

  • (1) the Clerk of the House of Representatives or the Secretary of the Senate, as applicable, also to incorporate by reference such printed estimate into the enrollment of a PAYGO Act; and
  • (2) budgetary effects that are not so included to be determined by the Office of Management and Budget (OMB) estimates

Amends the CBA to require the chairs to request from the Director of the Congressional Budget Office (CBO) an estimate of the budgetary effects of a PAYGO Act before a vote in either chamber on it that, if determined in the affirmative, would clear it for enrollment. Directs the chairs to post such estimate on their respective committee websites and cause it to be printed in the Congressional Record under "PAYGO ESTIMATE." Requires CBO to make specified estimate adjustments when calculating budgetary effects of certain designated legislation affecting current policy, as detailed in Sec. 7 of this Act. Requires OMB to maintain and make publicly available a continuously updated document containing two PAYGO scorecards (the first for a five-year period and the second for a 10-year period for the beginning of each respective budget year) displaying the budgetary effects of PAYGO legislation, applying certain look-back and averaging requirements. Requires OMB to display as a separate addendum the cost estimates of provisions designated in statute as emergency requirements.


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Section 5

Requires OMB to:

  • (1) make an annual public PAYGO report, including a up-to-date document containing the PAYGO scorecards, within 14 business days after Congress adjourns to end a session; and
  • (2) prepare for the President an offsetting sequestration order, which the President shall issue, if such report shows a debit on either PAYGO scorecard for the budget year


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Section 6

Prescribes requirements for calculating a sequestration for nonexempt direct spending programs, including Medicare payments and certain nonexempt mandatory programs.


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Section 7

Prescribes requirements for CBO adjustments of estimates of budgetary effects of PAYGO legislation for legislation affecting current policy for:

  • (1) payments made under title XVIII (Medicare) of the Social Security Act for physician services;
  • (2) the Estate and Gift Tax under the Internal Revenue Code; and
  • (3) the permanent extension of middle-class tax cuts and the Alternative Minimum Tax (AMT) relief under the Economic Growth and Tax Relief Reconciliation Act of 2001 or the Jobs and Growth Tax Relief and Reconciliation Act of 2003


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Section 8

Applies to this Act certain sequestration order requirements of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as amended by this Act, including the authority of Members of Congress and certain individuals to request an expedited judicial review of a sequestration order.


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Section 9

Makes technical and conforming amendments to the Gramm-Rudman-Hollings Act.


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Section 10

Exempts from sequestration:

  • (1) low-income subsidies and catastrophic subsidies under Part D (Voluntary Prescription Drug Benefit Program) of the Social Security Act (SSA); and
  • (2) qualified individual (QI) premiums for Medicare cost-sharing for certain dual eligible low-income Medicare beneficiaries under SSA title XIX (Medicaid)


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Section 11

Amends the Gramm-Rudman-Hollings Act to specify additional Social Security, veterans, Tier I Railroad Retirement benefits and other programs and activities exempt from a sequestration order as well as certain economic recovery programs.

  

Bill Texts

Engrossed 11/27/2010

Introduced 11/27/2010

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History

Received In The Senate And Read Twice And Referred To The Committee On The Budget.

07/23/2009

H.amdt.362 The Previous Question Was Ordered On The Amendment (a002) Without Objection. (consideration: Cr H8538)

07/22/2009

Motion To Reconsider Laid On The Table Agreed To Without Objection.

07/22/2009

On Passage Passed By Recorded Vote: 265 - 166 (roll No. 612). (text: Cr H8513-8517)

07/22/2009

On Motion To Recommit With Instructions Failed By Recorded Vote: 196 - 234 (roll No. 611).

07/22/2009

The Previous Question On The Motion To Recommit With Instructions Was Ordered Without Objection. (consideration: Cr H8540)

07/22/2009

Debate - The House Proceeded With 10 Minutes Of Debate On The Ryan (wi) Motion To Recommit With Instructions. The Instructions Contained In The Motion Seek To Report The Bill Back To The House With An Amendment To Insert The Following New Sections: 1.) To Extend The Discretionary Spending Caps; 2.) Disclosure Of Interest Cost; And 3.) Cbo Scoring Of Conference Reports.

07/22/2009

Mr. Ryan (wi) Moved To Recommit With Instructions To The Budget. (consideration: Cr H8538-8540; Text: Cr H8538-8539)

07/22/2009

H.amdt.362 On Agreeing To The Ryan (wi) Amendment (a002) Failed By Recorded Vote: 169 - 259 (roll No. 610).

07/22/2009

Debate - Pursuant To The Provisions Of H.res. 665, The House Proceeded With 1 Hour Of Debate On The Ryan (wi) Amendment In The Nature Of A Substitute.

07/22/2009

H.amdt.362 Amendment (a002) In The Nature Of A Substitute Offered By Mr. Ryan (wi). (consideration: Cr H8527-8538; Text: Cr H8527-8528)amendment In The Nature Of A Substitute Sought To Establish Caps On Discretionary Spending From Fy2010 Through Fy2014 And A Cap On Total Spending As A Percentage Of Gross Domestic Product. It Also Sought To Put In Place Maximum Limits On Deficits Through 2019, Also As A Percentage Of Gross Domestic Product.

07/22/2009

Debate - The House Proceeded With One Hour Of Debate On H.r. 2920.

07/22/2009

Rule Provides For Consideration Of H.r. 2920 With 1 Hour Of General Debate. Previous Question Shall Be Considered As Ordered Without Intervening Motions Except Motion To Recommit With Or Without Instructions. Measure Will Be Considered Read. A Specified Amendment Is In Order. All Points Of Order Against Consideration Of The Bill Are Waived Except Those Arising Under Clause 9 Or 10 Of Rule Xxi. The Resolution Provides That The Amendment In The Nature Of A Substitute Printed In Part A Of The Report, As Modified By The Amendment Printed In Part B Of This Report Shall Be Considered As Adopted And The Bill, As Amended Shall Be Considered As Read. The Resolution Waives All Points Of Order Against The Bill, As Amended.

07/22/2009

Considered Under The Provisions Of Rule H. Res. 665. (consideration: Cr H8513-8541)

07/22/2009

Rule H. Res. 665 Passed House.

07/22/2009

Rules Committee Resolution H. Res. 665 Reported To House. Rule Provides For Consideration Of H.r. 2920 With 1 Hour Of General Debate. Previous Question Shall Be Considered As Ordered Without Intervening Motions Except Motion To Recommit With Or Without Instructions. Measure Will Be Considered Read. A Specified Amendment Is In Order. All Points Of Order Against Consideration Of The Bill Are Waived Except Those Arising Under Clause 9 Or 10 Of Rule Xxi. The Resolution Provides That The Amendment In The Nature Of A Substitute Printed In Part A Of The Report, As Modified By The Amendment Printed In Part B Of This Report Shall Be Considered As Adopted And The Bill, As Amended Shall Be Considered As Read. The Resolution Waives All Points Of Order Against The Bill, As Amended.

07/21/2009

Referred To The House Committee On The Budget.

06/17/2009