[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3266 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 3266

  To provide for automatic downward adjustments in the discretionary 
  spending limits for fiscal year 1994 set forth in the Congressional 
Budget Act of 1974 equal to the amount of rescissions contained in this 
                                  Act.


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                    IN THE HOUSE OF REPRESENTATIVES

                            October 13, 1993

 Mr. Andrews of New Jersey (for himself and Mr. Zeliff) introduced the 
    following bill; which was referred jointly to the Committees on 
                Government Operations and Appropriations

                             June 13, 1994

 Additional sponsors: Mr. Valentine, Mr. Leach, Mr. Boehlert, Mr. Hall 
    of Texas, Mr. Traficant, Mr. Shaw, Mrs. Morella, and Mr. Tanner
   Deleted sponsors: Mr. Peterson of Florida (added March 21, 1994; 
   deleted April 21, 1994), and Mr. Sarpalius (added March 21, 1994; 
                          deleted May 3, 1994)

_______________________________________________________________________

                                 A BILL


 
  To provide for automatic downward adjustments in the discretionary 
  spending limits for fiscal year 1994 set forth in the Congressional 
Budget Act of 1974 equal to the amount of rescissions contained in this 
                                  Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

                 TITLE I--DISCRETIONARY CAP ADJUSTMENTS

SECTION 101. DOWNWARD ADJUSTMENT OF DISCRETIONARY SPENDING LIMITS.

    The discretionary spending limits (new budget authority and 
outlays) for fiscal year 1994 set forth in section 601(a)(2) of the 
Congressional Budget Act of 1974, as adjusted in strict conformance 
with section 251 of the Balanced Budget and Emergency Deficit Control 
Act of 1985, shall be reduced, as calculated by the Director of the 
Office of Management and Budget, in amounts equal to the aggregate 
amounts of rescissions under title II for that fiscal year.

                    TITLE II--REDUCTIONS IN SPENDING

SEC. 201. RESCISSIONS.

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