H.R.2415 - Reserve Account for Administrative Savings Act of 1993103rd Congress (1993-1994)
|Sponsor:||Rep. Michel, Robert H. [R-IL-18] (Introduced 06/15/1993)|
|Committees:||House - Government Operations; Rules|
|Latest Action:||06/17/1993 Referred to the Subcommittee on Legislation and National Security. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2415 — 103rd Congress (1993-1994)All Bill Information (Except Text)
Introduced in House (06/15/1993)
Reserve Account for Administrative Savings Act of 1993 - Amends Federal law to require that appropriated salaries and expenses be apportioned. Requires the establishment of reserve accounts equal to five percent of the actual amount incurred for those salaries and expenses in the immediately preceding fiscal year.
Provides procedures for such funds to be permanently rescinded, released and spent, or used to offset supplemental appropriations.