H.R.4181 - Debt Payment Incentive Act of 2000106th Congress (1999-2000)
||Rep. Turner, Jim [D-TX-2] (Introduced 04/05/2000)
||House - Government Reform; Ways and Means
||10/04/2000 Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote. (All Actions)
This bill has the status Introduced
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Introduced in House (04/05/2000)
Debt Payment Incentive Act of 2000 - Amends provisions prohibiting delinquent Federal debtors from obtaining Federal loans or loan insurance guarantees to: (1) eliminate the exception with respect to debts under the Internal Revenue Code; and (2) bar such debtors from being eligible to enter into a Federal contract with a Federal agency. Directs the head of any Federal agency to require each applicant for a federal loan or loan guarantee and each entity that submits a proposal to enter into a contract with the agency to submit a form authorizing the Secretary of the Treasury to disclose information describing whether the applicant or prospective contractor has an outstanding delinquent debt under the Internal Revenue Code.