Deficit Reduction Act of 1993

Summary

Deficit Reduction Act of 1993 - Prohibits the annual travel budget for each non-defense executive branch agency (excluding the Postal Service) for FY 1994 from exceeding 90 percent of the budget level available to such agency for FY 1993. Abolishes the Interstate Commerce Commission. Transfers its functions, powers, and duties to the Department of Transportation. Limits the outlays for the legislative branch for FY 1994 to 85 percent of such outlays for FY 1993. Directs the Secretary of the Interior to sell to one or more joint ventures all right, title, and interest of the United States in and to the helium reserves established pursuant to the Helium Act, including facilities and accessories. Limits the administrative and overhead budget (excluding travel expenses) for non-defense executive branch agencies (excluding the Postal Service) for FY 1995 to 99 percent of the budget level available for FY 1994. Repeals the Davis-Bacon Act (an Act which requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally-financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public works). Eliminates the honey price support and wool and mohair price support programs. Increases rental voucher authority and terminates loan authority for public housing construction. Prohibits the Secretary of Housing and Urban Development from expending or obligating any budget authority for certain special projects. Rescinds such amounts remaining for FY 1993. Amends the United States Housing Act of 1937 to require competitive bidding for public housing modernization activities. Amends the Internal Revenue Code to require the disclosure of tenant income in information returns under housing assistance programs for income-based rent subsidies. Reduces Government contributions to the Thrift Savings Plan. Amends the Communications Act of 1934 to require competitive bidding for the radio spectrum for awarding initial licenses or new construction permits, with exceptions. Authorizes the Federal Communications Commission to consider relative economic values and other public interest benefits in making spectrum allocation decisions among services that are subject to competitive bidding.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 April 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 21 April 1993

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• Introduced in House

  summary · EN · 21 April 1993

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