Bill Type
Long Title
AN ACT AUTHORIZING THE AUTOMATIC DEDUCTION OF 30% FROM EVERY TAXPAYER'S PAYMENT FOR FOREIGN DEBT SERVICING AND FOR OTHER PURPOSES
Congress Author
Date filed
September 1, 2004
Scope

Legislative History

House Bill/Resolution NO. HB02722
FULL TITLE : AN ACT AUTHORIZING THE AUTOMATIC DEDUCTION OF 30% FROM EVERY TAXPAYER'S PAYMENT FOR FOREIGN DEBT SERVICING AND FOR OTHER PURPOSES
ABSTRACT : To prevent the ballooning of our foreign debts, the bill authorizes the earmarking of 30% of the tax payments to pay our foreign debts.
PRINCIPAL AUTHOR/S : PANCHO, PEDRO M.
DATE FILED : 2004-09-01
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-09-07

Abstract

To prevent the ballooning of our foreign debts, the bill authorizes the earmarking of 30% of the tax payments to pay our foreign debts.'

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.