Bill Sponsor
House Bill 2021
116th Congress(2019-2020)
Investing for the People Act of 2019
Introduced
Introduced
Introduced in House on Apr 2, 2019
Overview
Text
Introduced
Apr 2, 2019
Latest Action
Apr 9, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2021
Congress
116
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
Sponsorship by Party
Democrat
Kentucky
Democrat
New York
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Investing for the People Act of 2019

This bill increases discretionary spending limits, modifies the procedures for enforcing the limits, and establishes budget enforcement procedures in the House of Representatives for FY2020.

The bill increases both the defense and nondefense discretionary spending limits for FY2020 and FY2021. It also modifies the procedures for enforcing the spending limits to

  • limit adjustments for funding designated for Overseas Contingency Operations/ Global War on Terrorism,
  • allow specified adjustments for Internal Revenue Service enforcement activities and the 2020 Census, and
  • modify the sequestration process.

The chairman of the House Budget Committee must submit for publication in the Congressional Record committee allocations, aggregate spending levels, and aggregate revenue levels that are consistent with the discretionary spending limits and requirements specified in this bill. For budget enforcement purposes, the allocations and levels shall apply in the House of Representatives as if they were included in a FY2020 budget resolution.

The chairman may adjust the allocations and levels to reflect (1) changes in the Congressional Budget Office baseline, or (2) legislation that does not increase the deficit over FY2020-FY2024 or FY2020-FY2029.

The bill prohibits advance appropriations, except for programs, activities, or accounts identified in lists submitted by the chairman of the House Budget Committee for publication in the Congressional Record. The identified accounts are subject to aggregate limits specified in the bill. (An advance appropriation is any new discretionary budget authority provided in appropriations legislation for FY2020 that first becomes available after FY2020.)

Text (2)
April 5, 2019
April 2, 2019
Actions (8)
04/09/2019
Rule H. Res. 294 passed House.
04/05/2019
Placed on the Union Calendar, Calendar No. 16.
04/05/2019
Committee on Rules discharged.
04/05/2019
Reported by the Committee on Budget. H. Rept. 116-35, Part I.
04/03/2019
Ordered to be Reported by the Yeas and Nays: 19 - 17.
04/03/2019
Committee Consideration and Mark-up Session Held.
04/02/2019
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.
04/02/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 7:17:14 PM