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H.R. 4057 103rd Congress House

Deficit Reduction Lock Box Act of 1994

Official title: To amend the Congressional Budget and Impoundment Control Act of 1974 to create a deficit reduction account and to reduce the discretionary spending limits, and for other purposes.

Introduced: March 16, 1994 Introduced by: Charles E. Schumer Democratic · New York See on congress.gov
Economics and Public Finance AppropriationsBudget deficitsCongressCongressional Record
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Congressional budget processCongressional reporting requirementsFederal budgetsGovernment Operations and PoliticsGovernment spending reductionsGovernment trust fundsHouse rules and procedureLegislationLegislative amendmentsPublic debtSenate rules and procedure
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 1994
Referred to the Subcommittee on Legislation and National Security.
Mar 16, 1994
Referred to the House Committee on Rules.
Mar 16, 1994
Referred to the House Committee on Government Operations.
Mar 16, 1994
Introduced in House
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 Latest action March 21, 1994

Referred to the Subcommittee on Legislation and National Security.

 Plain-English summary Congressional Research Service

Deficit Reduction Lock Box Act of 1994 - Establishes the Deficit Reduction Trust Fund consisting of amounts contained in deficit reduction lock box provisions of appropriations Acts.

Reduces discretionary spending limits by amounts transferred to the Fund.

Amends the Congressional Budget Act of 1974 to require that amounts resulting from reduced spending under general appropriations bills be placed in the Fund.

Requires the Congressional Budget Office to score all general appropriations measures as passed by the House and Senate and to publish such scorecard in the Congressional Record.

 Related & companion bills 1
  • HR 3205 Text similarities Deficit Reduction Lock Box Act of 1993
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 17
All 17 Democratic 1 Republican 3
R
Lucas, Frank D.
Oklahoma · Sep 16, 1994
 R
Calvert, Ken
California · Jul 13, 1994
CASTLE, MICHAEL
· Jun 27, 1994
CRANE, PHILIP
· Jun 17, 1994
FROST, MARTIN
· Jun 17, 1994
BEREUTER, DOUGLAS
· Apr 14, 1994
 D
Cantwell, Maria
Washington · Apr 14, 1994
DOOLEY, CAL
· Apr 14, 1994
GOSS, PORTER
· Apr 12, 1994
BALLENGER, CASS
· Mar 24, 1994
BUYER, STEPHEN
· Mar 24, 1994
COLLINS, MAC
· Mar 24, 1994
DUNN, JENNIFER
· Mar 24, 1994
GREENWOOD, JAMES
· Mar 24, 1994
STENHOLM, CHARLES
· Mar 24, 1994
TAUZIN, W.
· Mar 23, 1994
 R
Crapo, Mike
Idaho · Mar 16, 1994
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4057: Deficit Reduction Lock Box Act of 1994. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-4057/
MLA
"H.R. 4057: Deficit Reduction Lock Box Act of 1994." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-4057/.
Bluebook (legal)
H.R. 4057, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-4057/.
Markdown link
[H.R. 4057: Deficit Reduction Lock Box Act of 1994](https://openamerica.io/bill/103-HR-4057/)
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