H.R.1244: Deficit Reduction Account Act of 1993

About This Bill

  • Introduced March 4, 1993
  • Latest Major Action July 27, 1993

Bill Summary

Deficit Reduction Account Act of 1993 - Establishes in the Treasury: (1) a Deficit Reduction Account and appropriates to the Account such sums determined by the Secretary of the Treasury to be equivalent to amounts specified by subsequent Acts of Congress; and (2) a Build America Account and appropriates to that Account the amount determined by the Secretary to be equal to the interest earned on obligations in the Deficit Reduction Account.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure.
Sponsor introductory remarks on measure.
March 4, 1993

Introduced in the House by Robert E. Wise Jr. (D-W.Va.)

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