Search Results: keywords:"revenue allocation"

  • H. R. 34 — To deposit portions of revenue generated from public lands into the Social Security Trust Fund.
    Status:Introduced in House
    Words:404

    H.R. 34, also known as the “Land And Social Security Optimization Act” or “LASSO Act,” proposes that each year, 10% of the revenue generated from public lands managed by the Department of the Interior and the Department of Agriculture should be deposited into the Federal...

    Simple Explanation

    The LASSO Act is about taking some of the money made from special lands like parks and seas and putting it into a big savings jar called the Social Security Trust Fund to help people when they get old. It also makes sure that this doesn't make things expensive or take money away from local places like states or Indian Tribes.

  • H. R. 10466 — To deposit portions of revenue generated from public lands into the Social Security Trust Fund.
    Status:Introduced in House
    Words:404

    H.R. 10466, known as the "Land And Social Security Optimization Act" or "LASSO Act," proposes that each year, 10% of the revenue collected by the Department of the Interior and the Department of Agriculture from activities on public lands is deposited into the Federal Old-Age...

    Simple Explanation

    The LASSO Act says that 10% of money made from fun stuff and important jobs done on public lands will help old people by going into their savings fund called Social Security. It makes sure no one will lose money they usually get, like states and tribes, from this plan.