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- H.R.863
H.R.863: Invest in the Deficit Act of 1993
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about taxation
- Introduced Feb. 4, 1993
- Latest Major Action Feb. 19, 1993
Bill Sponsor
Bill Cosponsors
19 (1 Democrat, 18 Republicans)
Bill Summary
Invest in the Deficit Act of 1993 - Declares that whenever a law is enacted that provides new revenue or an asset of the United States is sold to the public, all such revenue and proceeds sales shall be dedicated to the reduction of any annual Federal budget deficit. Amends the Congressional Budget Act of 1974 to increase the maximum deficit amounts for FY 1994 and 1995 and to establish such amounts for FY 1996 through 1998. Repeals...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Government Operations.
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Referred to the House Committee on Rules.
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Referred to the Subcommittee on Legislation and National Security.
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| Feb. 4, 1993 |
Introduced in the House by Dan Schaefer (R-Colo.) |