HR 7029 · 110th Congress 2007–2009, ended

National Debt Reduction Trust Fund Act of 2008

Fact sheet

Latest action · Sep 29, 2008 Referred to the Subcommittee on Energy and Mineral Resources.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedSep 23, 2008
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

National Debt Reduction Trust Fund Act of 2008 - Establishes in the Treasury the National Debt Reduction Trust Fund. Requires the Secretary of the Treasury to transfer to such Trust Fund revenues attributable to the exploration for, development of, or production of oil, natural gas, or oil shale located on federal lands in Alaska or the Outer Continental Shelf and to use such revenues to reduce the national debt.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Actions 3

Everything that happened, newest first.

  1. Sep 29, 2008Referred to the Subcommittee on Energy and Mineral Resources.
  2. Sep 23, 2008Introduced in House
  3. Sep 23, 2008Referred to the House Committee on Natural Resources.

Subjects

Assigned by the Library of Congress. Policy area: Energy.

Text 1

Each version as it was printed, newest first.

  1. Sep 23, 2008Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.