Discretionary Spending Reduction Act

Bill: 113-hr-1013
Sponsor: full_name: Rep. Messer, Luke [R-IN-6]
Introduced: 2013-03-06
Policy area: Economics and Public Finance
Subjects: Appropriations

Budget deficits and national debt

Budget process

Executive agency funding and structure
Latest action: action_date: 2013-03-06
text: Referred to the House Committee on Appropriations.

Summaries:
action_date: 2013-03-06
action_desc: Introduced in House
text: <p>Discretionary Spending Reduction Act - Makes 1% across-the-board rescissions in discretionary spending for FY2013-FY2014.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 1013 IN THE HOUSE OF REPRESENTATIVES March 6, 2013 Mr. Messer (for himself and Mr. Mulvaney ) introduced the following bill; which was referred to the Committee on Appropriations A BILL To make 1 percent across-the-board rescissions in discretionary spending for each of fiscal years 2013 and 2014, and for other purposes.

1. Short title This Act may be cited as the Discretionary Spending Reduction Act . 2. Across-the-board rescissions in discretionary spending for each of fiscal years 2013 and 2014 (a) Across-the-Board rescissions There is rescinded an amount equal to 1 percent of— (1) the budget authority provided (or obligation limitation imposed) in each of fiscal years 2013 and 2014 for discretionary accounts in any fiscal year 2013 or 2014 appropriation Act; (2) the budget authority provided in any advance appropriation for each of fiscal years 2013 and 2014 for discretionary accounts in any prior fiscal year appropriation Act; and (3) the contract authority provided in each of fiscal years 2013 and 2014 for any program that is subject to a limitation contained in any fiscal year 2013 or 2014 appropriation Act for discretionary accounts. (b) Application The Director of the Office of Management and Budget may apply the rescissions required under subsection (a) to any discretionary account in the applicable appropriation Acts in order to achieve the required reductions. (c) Subsequent appropriation laws In the case of any fiscal year 2013 or 2014 appropriation Act enacted after the date of enactment of this section, any rescission required by subsection (a) shall take effect immediately after the enactment of such Act. (d) OMB report Within 30 days after the date of enactment of this section (or, if later, 30 days after the date of enactment of any fiscal year 2013 or 2014 appropriation Act), the Director of the Office of Management and Budget shall submit to the Committees on Appropriations of the House of Representatives and the Senate a report specifying the account and amount of each rescission made pursuant to subsection (a).