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United States · Bill · S

S. 154 (103rd)

Ronald Reagan Peace Dividend Investment Act

referredUnited States· United States Congress· EN

Introduced

21 January 1993

Last action

21 January 1993 · Introduced

Status

Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of august 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

Sponsors

Sen. Gramm, Phil [R-TX], Sen. Lott, Trent [R-MS], Sen. Brown, Hank [R-CO], Sen. Faircloth, Lauch [R-NC], Sen. Craig, Larry E. [R-ID]

Subjects

Defence, Taxation, Budget

Source updated

26 August 2025

Defence · Taxation · Budget

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Summary

Ronald Reagan Peace Dividend Investment Act - Amends the Congressional Budget Act of 1974 to provide for a reduction in the deficit and an increase in the personal income tax exemption when outlays in the defense category for FY 1993 or 1994 are estimated to be below the discretionary spending limit for such outlays. Requires an adjustment in such spending limits under such circumstances. Prohibits Senate consideration of legislation that would reduce defense spending below the spending limit for the defense category if such legislation does not allocate the total amount of reduced new budget authority or outlays between deficit reduction and increases in the personal income tax exemption.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 January 1993

    Introduced

    Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of august 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

    Source: IntroReferral

  2. 21 January 1993

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 21 January 1993

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 21 January 1993

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 January 1993

    Open at official source

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Sponsors

Related records

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Sources

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