Amendment103rd Congress
Amendment in the nature of a substitute sought to establish a "budget reserve account" in which funds would be set aside annually to pay for emergencies designated by acts of Congress. Any funds left in the reserve account at the end of the year would have been returned to the Treasury to reduce the deficit.
- Amendment Number
- 847
- Description
- Amendment in the nature of a substitute sought to establish a "budget reserve account" in which funds would be set aside annually to pay for emergencies designated by acts of Congress. Any funds left in the reserve account at the end of the year would have been returned to the Treasury to reduce the deficit.
- Purpose
- An amendment in the nature of a substitute that would require the creation of a "budget reserve account," which would annually set aside appropriated funds at the beginning of each fiscal year for natural disasters and emergencies occurring during that year. Any unspent funds at the end of the year would be required to be used for deficit reduction.
- Congress
- 103
- Type
- HAMDT
- Latest Action Date
- Aug 17, 1994
- Latest Action Text
- On agreeing to the Castle amendment (A002) Failed by recorded vote: 184 - 235 (Roll no. 401).
- Latest Action Time
- 14:24:21
- Submitted Date
- Aug 17, 1994
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021