Ask AI
H.R. 5192

THRIFT Act of 2014

To Help Reduce Inefficient Federal Tendencies Act of 2014 or the THRIFT Act of 2014 - Allows federal agencies, including judicial branch agencies, to: (1) retain up to 25% of annual savings from the implementation of plans developed by such agencies to create efficiencies and cost savings in agency operations, and (2) use such savings for specified purposes, including salary increases and employee awards for cost savings disclosures. Requires an agency to submit to the appropriate congressional committees a plan and an associated request to amend its approved operating budget specifying how such savings will be achieved and the amount and source of such savings.

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Rep. Webster, Daniel [R-FL-10](R-FL)Sponsor
2committees6actions8subjects
  • Introduced in HouseJul 24, 2014
  1. Committee

    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

  2. Committee

    Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

  3. IntroReferralH11100

    Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, 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.

  4. IntroReferralH11100

    Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, 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.

  5. IntroReferralIntro-H

    Introduced in House

  6. IntroReferral1000

    Introduced in House