Congressional budget reform : Public law 93-344, enacted July 12, 1974

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Title:
Congressional budget reform : Public law 93-344, enacted July 12, 1974
Physical Description:
iii, 85 p. : ill. ; 24 cm.
Language:
English
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United States -- Congress. -- Senate. -- Committee on the Budget
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U.S. Govt. Print. Off.
Place of Publication:
Washington
Publication Date:

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Subjects / Keywords:
Budget -- United States   ( lcsh )
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federal government publication   ( marcgt )
non-fiction   ( marcgt )

Notes

General Note:
At head of title: 94th Congress, 2d session. Committee print.
General Note:
Issued Aug. 1976.
Statement of Responsibility:
Committee on the Budget, United States Senate.

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University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 026372442
oclc - 03272307
lccn - 77602718
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lcc - KF6221.A55 B8
ddc - 343/.73/034
System ID:
AA00025956:00001

Full Text


94th Congressco TEPRN
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2d Session C THI

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CONGRESSIONAL
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BUDGET

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PUBLIC LAW 93-344, ENACTED
JULY 12, 1974




COMMITTEE ON THE BUDGET
UNITED STATES SENATE







AUGUST 1976



Printed for the nise o~f the Committee on the Budget

U.S. GOVERNMENT PRNTING OFFICE
75-M 0 WASHINGTON: 1976
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COMMITTEE ON THE BUDGET
EDMUND S. MUSKIE, Maine, Chairman
WARREN G. MAGNUSON, Washington HENRY BELLMON, Oklahoma
FRANK E. MOSS, Utah ROBERT DOLE, Kansas
WALTER F. MONDALE, Minnesota J. GLENN BEALL, J., Maryland
ERNEST F. HOLLINGS, South Carolina JAMES L. BUCKLEY, New York
ALAN CRANSTON, California JAMES A. McCLURE, Idaho
LAWTON CHILES, Florida PETE V. DOMENICI, New Mexico
JAMES ABOUREZK, South Dakota
JOSEPH R. BIDEN, Ja., Delaware
SAM NUNN, Georgia
DOUGLAS J. BENNET, Jr., Staff Director
JOHN T. McEvoy, Chief Counsel
ROBERT S. BOYD, Minority taff Director
W. THOMAS FOXWELL, Director of Publications
(II)











FOREWORD


The Congressional Budget and Impoundment Control Act of 1974
represented an historic legislative development. It equipped Congress,
for the first time, with the institutions and procedures needed to assert
proper control over the Federal "purse strings". We believe it will
assure the American people a Congress more able to determine sound
fiscal policy and establish national priorities.
In the past, Congress has been unable to develop an overall budget
policy becuse it lacked both the required technical information and
adequate procedures. Each session, it would consider 13 separate
appropriation bills, a handful of supplemental requests and any
number of "backdoor" spending proposals. Congress would consider
these various measures at different times and upon the recommenda-
tions of different committees. Tax decisions were also made separately.
At no time did either the House or the Senate, or any committee, con-
sider the overall level of Federal spending in relation to either pro-
jected revenues or general economic conditions.
The Congressional Budget Act was enacted to correct these inade-
quacies. It established committees on the Budget in both House and
Senate, with primary responsibility for developing and coordinating
a comprehensive budget policy each year. To insure both committees
and Congress an adequate source of budget expertise, it also created
a new nonpartisan Congressional Budget Office.
The 1974 Budget Act also disciplined congressional procedures. It
provided for the adoption each session of a series of "concurrent reso-
lutions o the budget" The first of these, adopted in May, establishes
spending and revenue target. A second concurrent resolution, con-
sidered in September-just prior to the beginning of the new October
1 fiscal year-either affirms or revises these targets in light of recent
developments. Once adopted, this second resolution becomes binding.
That Congress approved the new budget process by such an over-
whelming vote, 80 to 0 in the Senate and 401 to 6 in the House, testified
to a widely shared desire for reform. It testified also to a considerable
hope that adoption of the new process would mean a stronger, more
effective Congress. We believe after 1 year's experience with budget
reforms that there's already a considerable record to justify this hope.
Sincerely,
EDMmD S. MUSKIE,
Chairman.
HENRY BirLMON,
Rankivg Misority Member.
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NOV. 10 CURRENT SERVICES BUDGET RECEIVED.
JAN. 18 PRESIDENTS BUDGET RECEIVED.
MAR. 15 ADVICE AND DATA FROM ALL CONGRESSIONAL COMMITTEES.
APRIL 1 C.B.O. REPORTS TO BUDGET COMMITTEES.
APRIL 15 BUDGET COMMITTEES REPORT OUT FIRST BUDGET RESOLUTION.
MAY 15 CONGRESSIONAL COMMITTEES REPORT NEW AUTHORIZING LEGISLATION.
MAY 15 CONGRESS COMPLETES ACTION ON FIRST BUDGET RESOLUTION.
L. D. + 7 CONGRESS COMPLETES ACTION ON ALL SPENDING BILLS.
SEP. 15 CONGRESS COMPLETES ACTION ON 2ND BUDGET RESOLUTION.
SEP. 25- CONGRESS COMPLETES ACTION ON ANY RECONCILIATION MEASURES
OCT. 1 FISCAL YEAR BEGINS.
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FIRST CONCURRENT RESOLUTION
0 NOV. DEC. JAN. FEB. MAR. APR.
HEARINGS: HEARINGS: HEARINGS: APRIL 15-
SELECT CRITICAL ECONOMIC ALLOCATIONS REPORT
BUDGET SELECRITICAL ISSUES IMPACT AND PRIORITIES FIRST
COMMITTEE II CONCURRENT
PRESIENT'S CONCURRENT RESOLUTION AND REPORT
BUDGET

DRAFT PRELIMINARY
ANALYZE HEARINGS RESOLUTION AND APRIL 1-
STAFF & CURRENT PREPARATION REPORT C.B.O REPORT
C.B.O. SERVICES ON BUDGET
BUDGET ANALYZE PRESIDENT'S ANALYSIS
BUDGET

MARCH 15-
REPORT
OTHER PROJECTED
COMMITTEES S TAFF LIAIS 0N REQUIREMENTS
STO BUDGET
COMMITTEE
::ii~ ~ ~ ~lm~C





ADOPTION OF FIRST
CONCURRENT RESOLUTION AND MONITORING
APRIL MAY JUNE JULY AUGUST
u MAY 15-
50 HOURS = ADOPT CONFERENCE
DEBATE ON = REPORT AND JOINT PASS AUTHORIZING LEGISLATION AND
SENATE COCURRENT STATEMENT OF SPENDING BILLS
RESOLUTION z MANAGERS
U ALLOCATING TARGETS
APRIL 15-
BUDGET REPORT FIRST PARTICIPATION IN FLOOR
COMM TEE CONCURRENT DEBATE TO PRESERVE
COMMITTEE RESOLUTION TARGETS
AND REPORT
MONITORING FLOOR ACTION-
TASK FORCE PREPARATION FOR 2ND
STAFF LONG TERM CONCURRENT
C.B.O.STUDIES RESOLUTION ANALYSES OF
LEGISLATION
MAY 15-
REPORT ALL REPORT SPENDING AND
OTHER AUTHORIZING REVENUE BILLS
COMMITTEES LEGISLATION STAF
FOR THE COMING STAFF LIAISON
FISCAL YEAR






SECOND CONCURRENT RESOLUTION
AND RECONCILIATION
AUGUST SEPTEMBER OCTOBER
15 HOURS SEPT. 15- ADOPT SEPT. 25- FINAL
DEBATE ADOPT CONF. RECONCILIA. ACTION ON OCT. 1-
SENATE ON SECOND REPORT ON TION RECONCILIATION FISCAL
CONCURRENT SECOND LEGISLATION LEGISLATION AND YEAR
RESOLUTION CONCURRENT CONFERENCE BEGINS
CONFERENCE RESOLUTION CONFERENCE REPORT
REPORT SECOND REPORT
BUDGET CONCURRENT RECONCILIATION
COMMITTEE RESOLUTION BILLS OR
TO THE SENATE RESOLUTIONS

DRAFTING
OF SECOND
STAFF CONCURRENT
C.B.O. RESOLUTION
AND REPORT

REPORT REQUIRED
OTHER RECONCILIATION
COMMITTEES BILLS OR
RESOLUTIONS





16




Public Law 93-344
93rd Congress, H . 7130
July 12, 1974

al. 88 STAT. 297

To establish a new congressional budget process; to establish Committees on the
Budget in each House; to establish a Congressional Budget Office; to establish
a procedure providing congressional control over the impoundment of funds
by the executive branch; and for other purpoes.

Be it enacted by the Senate and House of Reresentatives of Ahe
United States of America in Congress assembled Congressional
Budget and
SHORT TITLES; TABLE OF CONTENTS Impoundment
Control Aot of
SEwrio 1. (a) SHORT TrriLa-This Act may be cited as the "Con- 1974
gressional Budget and Impoundment Control Act of 1974". Titles I 31 lC 1301
through IX may be cited as the "Congressional Budget Act of 1974", note.
and title X may be cited as the "Impoundment Control Act of 1974".
(b) TABLt OF CONTENTS.-
See. 1. Short titles; table of contents.
See. 2. Declaration of purposes.
See. 3 Definitions.
TITLE I-ESTABLISHMENT OF HOUSE AND SENATE
BUDGET COMMITTEES
See. 101. Budget Committee of the House of Representatives.
See. 102. Budget Committee of the Senate.

TITLE II--CONGRESSIONAL BUDGET OFFICE
See. 201. Establishment of Office.
See. 202. Duties and functions.
See. 203. Public access to budget data.
TITLE III-CONGRESSIONAL BUDGET PROCESS
See. 000. Timetable.
See. 301. Adoption of first concurrent resolution.
Sec. 302. Matters to be included in joint statement of managers; reports by
committees.
See. 303. First concurrent resolution on the budget must be adopted before legis-
lation providing new budget authority, new spending authority, or
changes in revenues or public debt limit is considered.
See. 304. Permissible revisions of concurrent resolutions on the budget.
See. 305. Provisions relating to the consideration of concurrent resolutions on
the budget.
See. 306. Legislation dealing with congressional budget must be handled by
budget committees.
See. 307. House committee action on all appropriation bills to be completed
before first appropriation bill is reported.
Sec. 308. Reports, summaries, and projections of congressional budget actions.
See. 300. Completion of action on bills providing new budget authority and cer-
tain new spending authority.
See. 310. Second required concrrent resoluon and re lition and li n process.
See. 31L New budget authority, new spending authority, and revenue legislation
must be within appropriate levels.
TITLE I-ADDITIONAL PROVISIONS TO IMPROVE FISCAL
PROCEDURES
See. 401. Bills providing new spending authority.
See. 402. Reporting of authoriing legislation.
See. 408. Analyses by Congressonal Budget Omice.
See. 40. Jurisdiction of Appropriations Committees.






17



8 S 2 Pub. Law 93-344 2 July 12, 1974
TITLE V-CHANGE OF FISCAL YEAR
See. 501. Fiscal year to begin October 1.
Sec. 502. Transition to new fiscal year.
Sec. 503. Accounting procedures.
Se. 504. Conversion of authorizations of appropriations.
Sec. 505. Repeals.
See. 506. Technical amendment.
TITLE VI-AMENDMENTS TO BUDGET AND ACCOUNTING ACT, 1921
See. 601. Matters to be incuded in President's budget.
See. 602. Midyear review.
See. 603. Five-year budget projections.
See. 604. Allowances for supplemental budget authority and uncontrollable out-
lays.
Se. 605. Budget data based on continuation of existing level of services.
See. 606. Study of off-budget agencies.
See. 607. Year-ahead requests for authorization of new budget authority.
TITLE VII-PROGRAM REVIEW AND EVALUATION
See. 701. Review and evaluation by standing committees.
Sec. 702. Review and evaluation by the Comptroller General.
See. 703. Continuing study of additional budget reform proposals.
TITLE VIII-FISCAL AND BUDGETARY INFORMATION AND CONTROLS
Sec. 801. Amendment to Legislative Reorganization Act of 1970.
Sec. 802. Changes in functional categories.
TITLE IX-MISCELLANEOUS PROVISIONS; EFFECTIVE DATES
Sec. 901. Amendments to rules of the House.
See. 902. Conforming amendments to standing rules of the Senate.
Sec. 903. Amendments to Legislative Reorganization Act of 1946.
sec. 904. Exercise of rulemaking powers.
See. 905. Effective dates.
See. 906. Application of congressional budget process to fiscal year 1976.
TITLE X-IMPOUNDMENT CONTROL
PART A-GENERAL PROVISIONS
See. 1001. Disclaimer.
Sec. 1002. Amendment to Antideficiency Act.
Sec. 1003. Repeal of existing impoundment reporting provision.
PART B-CONGBESSIONAL CONSIDERATION OF PROPOSED RESCISSIONS,
REBFRVATIONS, AND DEFFERALs OF B ODGET AUTHORITY
Sec. 1011. Definitions.
Sec. 1012. Rescission of budget authority.
See. 1013. Disapproval of proposed deferrals of budget authority.
Sec. 1014. Transmission of messages; publication.
See. 1015. Reports by Comptroller General.
See. 1016. Suits by Comptroller General
Sec. 1017. Procedure in House and Senate.

DU(fcA*ATION O( MV4MOS

31 USC 1301. Si. -2. The Congress declares that it is essential-
(1) to assure effective congressional control over the budgetary
process;
(2) to provide for the congressional determination each year
of the appropriate level of Federal revenues and expenditures;
(3) to provide a system of impoundment control;
(4) to establish national budget priorities; and
(5) to provide for the furnishing of information by the execu-
tive branch in a manner that will assist the Congress in dis-
charging its duties.





18


July 12, 1974 3 Pub. Law 93-344
88 STAT. 299
DEFINITIONS
SEc. 3. (a) IN GENERAL-For purposes of this Act- 31 Usc 1302.
(1) The terms "budget outlays" and "outlays" mean, with
respect to any fiscal year, expenditures and net lending of funds
under budget authority during such year.
(2) The term "budget authority" means authority provided by
law to enter into obligations which will result in immediate or
future outlays involving Government funds, except that such term
does not include authority to insure or guarantee the repayment
of indebtedness incurred by another person or government.
(3) The term "tax expenditures" means those revenue losses
attributable to provisions of the Federal tax laws which allow a
special exclusion, exemption, or deduction from gross income or
which provide a special credit, a preferential rate of tax, or a
deferral of tax liability; and the term "tax expenditures budget"
means an enumeration of such.tax expenditures.
(4) The term "concurrent resolution on the budget" means-
(A) a concurrent resolution setting forth the congressional
budget for the United States Government for a fiscal year as
provided in section 301;
(B) a concurrent resolution reaffirming or revising the con-
gressional budget for the United States Government for a
fiscal year as provided in section 310; and
(C) any other concurrent resolution revising the congres-
sional budget for the United States Government for a fiscal
year as described in section 304.
(5) The term "appropriation Act" means an Act referred to in
section 105 of title 1, United States Code. post, p. 322.
(b) JOINT COMM'ITTEE ON ATOMIC ENERGY.-For purposes of titles
II, III, and IV of this Act, the Members of the House of Representa-
tives who are members of the Joint Committee on Atomic Energy
shall be treated as a standing committee of the House, and the Mem-
bers of the Senate who are members of the Joint Committee shall be
treated as a standing committee of the Senate.
TITLE I-ESTABLISHMENT OF HOUSE AND SENATE congressional
BUDGET COMMITTEES Budget Aot of
1974,
BUDGET COMMITTEE OF THE HOUSE OF REPRESENTATIVES
SEc. 101. (a) Clause 1 of Rule X of the Rules of the House of
Representatives is amended by redesignating paragraphs (e) through
(u) as paragraphs (f) through (v), respectively, and by inserting
after paragraph (d) the following new paragraph:
"(e) Committee on the Budget, to consist of twenty-three Members Membership,
as follows:
"(1) five Members who are members of the Committee on
Appropriations;
"(2) five Members who are members of the Committee on Ways
and Means;
"(3) eleven Members who are members of other standing
committees;
"(4) one Member from the leadership of the majority party;
and





19


88 ST 3 Pub. Law 93-344 4 July 12, 1974

"(5) one Member from the leadership of the minority party.
Tenn. No Member shall serve as a member of the Committee on the Budget
during more than two Congresses i any period of five successive
Congresses beginning after 1974 (disregarding for this purpose any
service performed as a member of such committee for less than a full
seniority rule, session i any Congress). All selections of Members to serve on the
exception. committee shall be made without regard to seniority."
(b) Rule X of the Rules of the House of Representatives is amended
by adding at the end thereof the following new clause:
Comittee "6. For carrying out the purposes set forth in clause 5 of Rule XI,
sessionthe Committee on the Budget or any subcommittee thereof is author-
ized to sit and act at such times and places within the United States,
whether the House is in session, has recessed, or has adjourned, to hold
such hearings, to require the attendance of such witnesses and the pro-
duction of such books or papers or documents or vouchers by subpena
or otherwise, and to take such testimony and records, as it deems nec-
subpenas. essary. Subpenas may be issued over the signature of the chairman of
the committee or of any member of the committee designated by him;
and may be served by any person designated by such chairman or
member. The chairman of the committee, or any member thereof, may
administer oaths to witnesses."
(c) Rule XI of the Rules of the House of Representatives is
amended by redesignating clauses 5 through 33 as clauses 6 through 34,
respectively, and by inserting after clause 4 the following new clause:
"5. Committee on the Budget
"(a) All concurrent resolutions on the budget (as defined in sec-
tion 3(a) (4) of the Congressional Budget Act of 1974) and other
matters required to be referred to the committee under titles III and
IV of that Act.
Duties. "(b) The committee shall hav te the duty-
"(1) to report the matters required to be reported by it under
titles III and IV of the Congressional Budget Act of 1974;
"(2) to make continuing studies of the effect on budget outlays
of relevant existing and proposed legislation and to report the
results of such studies to the House on a recurring basis;
"(3) to request and evaluate continuing studies of tax expendi-
tures, to devise methods of coordinating tax expenditures, policies,
and programs with direct budget outlays, and to report the results
of suc studies to the House on a recurring basis; and
"(4) to review, on a continuing basis, the conduct by the Con-
gressional Budget Office of its functions and duties."
BUDGET COMMITTEE OF THE SENATE
SEc. 102. (a) Paragraph 1 of rule XXV of the Standing Rules of
the Senate is amendedby adding at the end thereof the following new
subparagraph:
"(r) (1) Committee on the Budget, to which committee shall be
referred all concurrent resolutions on the budget (as defined in section
3(a) (4) of the Congressional Budget Act of 1974) and all other mat-
ters required to be referred to that committee under titles III and IV
of that Act, and messages, petitions, memorials, and" other matters
relating thereto.












-L.; i .,





20


July 12, 1974 5 Pub. Law 93-344
88 STAT, 301
"(2) Such committee shall have the duty- Duties.
"(A) to report the matters required to be reported by it under
titles III and IV of the Congessional Budget Act of 1974;
"(B) to make continuing studies of the effect on budget outlays
of relevant existing and proposed legislation and to report the
results of such studies to the Senate on a recurring basis;
"(C) to request and evaluate continuing studies of tax expendi-
tures, to devise methods of coordinating tax expenditures, policies,
and programs with direct budget outlays, and to report the results
of such studies to the Senate on a recurrig basis; and
"(D) to review, on a continuing basis, the conduct by the Con-
gressional Budget Office of its functions and duties."
(b) The table contained in paragraph 2 of rule XXV of the Stand-
ing Rules of the Senate is amended by inserting afteX-
"Banking, Housing and Urban Afr-------------------------........ 15"
the following:
"Budget ----------------------------5. ".
(c) Paragraph 6 of rule XXV of the Standing Rules of the Senate
is amended by adding at the end thereof the following new
subparagraph:
"(h) For purposes of the first sentence of subparagraph (a), mem-
bership on the Committee on the Budget shall not be taken into
account until that date occurring during the first session of the Ninety-
fifth Congress, upon which the appointment of the majority and
minority party members of the standing committees of the Senate is
initially completed."
(d) Each meeting of the Committee on the Budget of the Senate, Open and
or any subcommittee thereof, including meetings to conduct hearings, olosed meet-
shall be open to the public, except that a portion or portions of any ings*
such meeting may be closed to the public if the committee or subcom- 2 sc 190a-3.
mittee, as the case may be, determines by record vote of a majority of
the members of the committee or subcommittee present that the matters
to be discussed or the testimony to be taken at such portion or
portions--
(1) will disclose matters necessary to be kept secret in the inter-
ests of national defense or the confidential conduct of the foreign
relations of the United States;
(2) will relate solely to matters of committee staff personnel or
internal staff management or procedure;
(3) will tend to charge an individual with crime or misconduct,
to disgrace or injure the professional standing of an individual,
or otherwise to expose an individual to public contempt or
obloquy, or will represent a clearly unwarranted invasion of the
privacy of an individual;
(4) will disclose the identity of any informer or law enforce-
ment agent or will disclose any information relating to the investi-
gation or prosecution of a criminal offense that is required to be
kept secret in the interests of effective law enforcement; or
(5) will disclose information relating to the trade secrets or
financial or commercial information pertaining specifically to a
given person if-
11($))~~)~~~~~<,





21


Pub. Law 93-344 6 July 12, 1974
8 STAT, 302_
(A) an Act of Congress requires the information to be
kept, confidential by Government officers and employees; or
( B ) the information has been obtained by the Government
on a confiden t al basis, other than through an application by
such person for a specific Government financial or other bene-
fit, and is required to be kept secret in order to prevent undue
injury to the competitive position of such person.
(e) Paragraph 7(b) of rule XXV of the Standing Rules of the
Senate and section 133A (b) of the Legislative Reorganization Act of
-4 Stat. 1151, 1946 shall not apply to the Committee on the Budget of the Senate.
1153.
2 1sc 190a-1. TITLE II-CONGRESSIONAL BUDGET OFFICE
.ESTA\BLISHMENT OF O(FFICE
2 uSC 601. SEC. 201. 1a) IN (ENI:RAL.-
(1) There is established an office of the Congress to be known
as the Congressional Budget Office (hereinafter in this title
referred t6 as the "Office"). The Office shall be headed by a Direc-
tor; and there shall be a Deputy Director who shall perform such
duties as may be assigned to him by the Director and, during the
absence or incapacity of the Director or during a vacancy in that
office, shall act as Director.
Appointment. (2) The Director shall be appointed by the Speaker of the
House of Representatives and the President pro tempore of the
Senate after considering recommendations received from the
Committees on the Budget of the House and the Senate, without
regard to political affiliation and solely on the basis of his fitness
to perform his duties. The Deputy Director shall be appointed by
the Director.
Term. (3) The term of office of the Director first appointed shall
expire at noon on January 3, 1979, and the terms of office of Direc-
tors subsequently appointed shall expire at noon on January 3 of
each fourth year thereafter. Any individual appointed as Direc-.
tor to fill a vacancy prior to the expiration of a term shall serve
only for the unexpired portion of that term. An individual serv-
ing as Director at the expiration of a term may continue to serve
until his successor is appointed. Any Depuy t Directr shall serve
until the expiration of the term of office of the Director who
appointed him (and until his successor is appointed), unless
sooner removed by the Director.
Removal. (4) The Director may be removed by either House by
resolution.
Campensation. (5) The Director shall receive compensation at a per annum
gross rate equal to the rate of basic pay, as in effect from time
to time, for level III of the Executive Schedule in section 5314
83 Sat. 863. of title 5, United States Code. The Deputy Director shall receive
compensation at a per annum gross rat e l rate of basic
pay, as so in effect, for level IV of the Executive Schedule in
section 5315 of such title.
Appointment and (b) PERSONNL.-The Director shall appoint and fix the compensa-
compensation. tion of such personnel as may be necessary to carry out the duties and
functions of the Office. All personnel of the Office shall be appointed
without regard to political affiliation and solely on the basis of their
fitness to perform their duties. The Director may prescribe the duties
and responsibilities of the personnel of the Office, and delegate to them
authority to perform any of the duties, powers, and functions imposed













75-568 0 76 4





22


July 12, 1974 7 Pub. Law 93-344
88 SPAT. 303
on the Office or on the Director. For p of pay (other than pay
of the Director and Deputy Director) andemploymen benefis, rights,
and privileges, all personnel of the Office shall be treated as if they
were employees of the House of Representatives.
(c) ExPFrir AND CoNSULTANrs.-In carrying out the duties and
functions of the Office, the Director may procure the temporary (not
to exceed one year) or intermittent services of experts or consultants
or organizations thereof by contract as independent contractors, or,
in the case of individual experts or consultants, by employment at rates
of pay not in excess of the daily equivalent of the highest rate of basic
pay payable under the General Schedule of section 5332 of title 5,
United States Code. 5 use 5332
(d) RELATIONSHIP To EXECUTIVE BRANcH.-The Director is author- note.
ized to secure information, data, estimates, and statistics directly from ata, availabil-
the various departments, agencies, and establishments of the executive ty.
branch of Government and the regulatory agencies and commissions
of the Government. All such departments, agencies, establishments,
and regulatory agencies and commissions shall furnish the Director
any available material which he determines to be necesary in the
performance of his duties and functions (other than material the
disclosure of which would be a violation of law). The Director-is
also authorized, upon agreement with the head of any such depart-
ment, agency, establishment, or regulatory agency or commission, to
utilize its services, facilities, and personnel with or without reimburse-
ment; and the head of each such department, agency, establishment,
or regulatory agency or commission is authorized to provide the Office
such services. facilities, and personnel.
(e) RELATIONSHIP TO OTHER AGENCIES OF CONxuREs.-InI carrying
out the duties and functions of the Office, and for the purpose of coor-
dinating the operations of the Office with those of other congressional
agencies with a view to utilizing most effectively the information,
services, and capabilities of all such agencies in carrying out the var-
ious responsibilities assigned to each, the Director is authorized to
obtain information, data, estimates, and statistics developed by the GAO, Library of
General Accounting Office, the Library of Congress, and the Ofice of congress, Office
Technology Assessment, and (upon agreement with them) to utilize of Technology
their services, facilities, and personnel with or without reimburse- Assessment, use
ment. The Comptroller General, the Librarian of Congress, and the of facilities.
Technology Assessment Board are authorized to provide the Office
with the information, data, estimates, and stastsics, and the services,
facilities, and personnel, referred to in the preceding sentence.
(f) APPROPRIATIONs.-There are authorized to be appropriated to
the Office for each fiscal year such sums as may be necessary to enable
it to carry out its duties and functions. Until sums are first appropri-
ated pursuant to the preceding sentence, but for a period not exceeding
12 months following the effective date of this subsection, the expenses
of the Office shall be paid from the contingent fund of the Senate, in
accordance with the paragraph relating to the contingent fund of the
Senate under the heading "UNDER LEGISLATIVE" in the Act of
October 1, 1888 (28 Stat. 546; 2 U.S.C. 68), and upon vouchers
approved by the Director.





23


Pub. Law 93-344 8 July 12, 1974
88 SFAT. 304
DUTIES AND FUNCTIONS

2 USC 602. SEC. 202. (a) ASsISTANUC *o BUDOir COMMIrTEE.-It shall be the
duty and function of the Office to provide to the Committees on the
Budget of both Houses information which will assist such committees
in the discharge of all matters within their jurisdictions, including
(1) information with respect to the budget, appropriation bills, and
other bills authorizing or providing budget authority or tax expendi-
tures, (2) information with respect to revenues, receipts, estimated
future revenues and receipts, and changing revenue conditions, and
(3) such related information as such Committees may request.
(b) ASSISTANCG To COMMITTEs ON APRToPRIATIONS, WAYS AND
MEANS, AND FINANCE.-At the request of the Committee on Appropri-
ations of either House, the Committee on Ways and Means of the House
of Representatives, or the Committee on Finance of the Senate, the
Office shall provide to such Committee any information which will
assist it in the discharge of matters within its jurisdiction, including
information described in clauses (1) and (2) of subsection (a) and
such related information as the Committee may request.
(c) ASSISTANCE TO OTE COMMITTEES AND MEMBERS.-
(1) At the request of any other committee of the House of Rep-
resentatives or the Senate or any joint committee of the Congress,
the Office shall provide to such committee or joint committee any
information compiled in carrying out clauses (1) and (2) of sub-
section (a), and, to the extent practicable, such additional infor-
mation related to the foregoig as may be requested.
(2) At the request of any Member of the House or Senate, the
Office shall provide to such Member any information compiled in
carrying out clauses (1) and (2) of subsection (a), and, to the
extent available, such additional information related to the fore-
going as may be requested.
(d) ASSIGNMENT OF OFFICE PERSONNEL T COMMITTEES AND JOINT
CoMMITrEEs.-At the request of the Committee on the Budget of either
House, personnel of the Office shall be assigned, on a temporary basis,
to assist such committee. At the request of any other committee of
either House or any joint committee of the Congress, personnel of the
Office may be assigned, on a temporary basis, to assist such committee
or joint committee with respect to matters directly related to the
applicable provisions of subsection (b) or (c).
(e) TRANSFER OF FUNCTIONS OF JOINT COMMITTrrrEE ON REDUCTION OF
FEDERAL EXPENDTRuS.-
(1) The duties, functions, and personnel of the Joint Commit-
tee on Reduction of Federal Expenditures are transferred to the
Office, and the Joint Committee is abolished.
Repeal. (2) Section ,01 of the Revenue Act of 1941 (55 Stat. 726) is
79 Stat. 1026. repealed.
31 use 571. (f) REPOrrS TO BUNDr CoxHMrrrnE.-
Contents. (1) On or before April I of each year the Director shall sub-
mit to the Committees on the Budget of the House of Representa-
tives and the Senate a report, for the fiscal year commencing on
October 1 of that year, with respect to fiscal policy, including (A)
alternative levels of total revenues, total new budget authority,
and total outlays (including related surpluses and deficits), and
(B) the levels of tax expendtures under existing law, taking into
account projected economic factors and y changes in such levels
based on proposals in the budget submitted by the President for
such fiscal ear. Such report shall also include a discussion of
.national budet priorities includin alternative ways of allocating





24


July 12, 1974 9 Pub. Law 93-344.
budget authority and budget outlays for such fiscal year among
major programs or functonal categories, taking into account
how such alternative allocations will meet major national needs
and affect balanced growth and development of the United States.
(2) The Director shall from time to time submit to the CoR- Reports, sub-
mittees on the Budget of the House of Representatives and the mita t
Senate such further reports (including reports revising the Budet @om
report required by paragraph (1)) as may be necessary or appro- mittees.
priate to provide such Committees with information, data, and
analyses for the performance of their duties and functions.
(g) USE OF COMPUTERS AND OTHER TECHNIQUEs.-The Director
may equip the Office with up-to-date computer capability (upon
approval of the Committee on House Administration of the House of
Representatives and the Committee on Rules and Administration of
the Senate), obtain the services of experts and consultants in computer Experts and
technology, and develop techniques for the evaluation of budgetary consultants.
requirements.
PUBLIC ACCESS TO BUDGET DATA
SEC. 203. (a) RIGHT To CoPY.-Except as provided in subsections 2 use 603.
(c) and (d), the Director shall make all information, data, estimates,
and statistics obtained under sections 201(d) and 201(e) available for
public copying during normal business hours, subject to reasonable
rules and regulations, and shall to the extent practicable, at the request
of any person, furnish a copy of any such information, data, estimates,
or statistics upon payment by such person of the cost of making and
furnishing such copy.
(b) INDEX.-The Director shall develop and maintain filing, coding,
and indexing systems that identify the information, data, estimates,
and statistics to which subsection (a) applies and shall make such -
systems available for public use during normal business hours.
(c) ExcEPTIONs.--Subsection (a) shall not apply to information,
data, estimates, and statistics-
(1) which are specifically exempted from disclosure by law; or
(2) which the Director determines will disclose-
(A) matters necessary to be kept secret in the interests of
national defense or the confidential conduct of the foreign
relations of the United States;
(B) information relating to trade secrets or financial or
commercial information pertaining specifically to a given
person if the information has been obtained by the Govern-
ment on a confidential basis, other than through an applica-
tion by such person for a specific financial or other benefit,
and is required to be kept secret in order to prevent undue
injury to the competitive position of such person; or
(C) personnel or medical data or similar data the dis-
closure of which would constitute a clearly unwarranted
invasion of personal privacy;
unless the portions containing such matters, information, or data
have been excised.
(d) INFORMATION OBTAINED FOR COMMxrrrES AND MEMBERs.-Sub-
section (a) shall apply to any information, data, estimates, and sta-
tistics obtained at the request of any committee, joint committee, or
Member unless such committee, joint committee, or Member has
instructed the Director not to make such information, data, estimates,
or statistics available for public copying.





25



S 3 Pub. Law 93-344 10 July 12, 1974
88 T T ....... . .
TITLE I-CONGRESSIONAL BUDGETi IPR(OCESS

TIMETABLE

31 usc 1321. SE. 300. The timetable with respect to the congressional budget
pro for any fiscal year is as follows:
On or before: Action to be completed:
November 10---------------- President submits current services budget.
15th day after Congress meets- President submits his budget.
iMarch 15--------------------- ommittees and joint ommittees submit
reports to Budget Committees.
April I ----------------- Congressional Budget Otlice submits report to
Budget Committees.
April 15 ------------------- Budget Committees report first concurrent res-
olution on the budget to their Houses.
May 15 --------- ------------ Comnmittees report bills and resolutions author-
izing new budget authority.
May 15 -------- ------- -- Cogress completes action on0 first concurrent
resolution on the budget.
7th day after Labor ay .-----. Congress completes action on bills and restiu-
tions providing new budget authority and
new spending authority.
September 15 ------------ C-ongress completes action on second required
concurrent resolution on tlie tbudget.
Septerber 2 .----------- -Congress completes action on reconciliation bill
or resolution, or both. iniplementing scmond
required concurrent resolution.
October 1 ------------- Fiscal year begins.

ADOPTION OF FIRST (CONtItRENT REW(LUTION

31 Ur C 1322. SiE. 301. (a) ACTION To BE COMIPLFTEID BY MAY l1.-On or before
May 15 of each year, the Congress shall complete action on the first
concurrent resolution on the budget for the fscal year lb-ginning on
contents. October I of such year. The concurrent resolution shall sct fortlh-
(1) the appropriate level of total budget outlays and of total
new budget authority;
(2) an estimate of budget outlays and an appropriate level of
new budget authority for each major functional category, for
contingencies, and for undistributed intragovernmental tlransac-
tiois, based on allocations of the appropriate level of total budget
outlays and of total new budget authority:
(3) the amount, if any, of the surplusor the deficit in the Ibudget
which is appropriate in light of economic conditions and all other
relevant factors;
(4) the recommended level of Federal revenues and the amount,
if any, by which the aggregate level of Federal revenues should
be inreased oree by bills and resolutions to be rported
by the appropriate committees;
(5) the appropriate level of the public debt and the amount. if
any, by whi the statutory limit on the pulic debt should be
increased or decreased by bills and resolutions to be reported by
the appropriate committees; and
6) such other matters relating to the budget as may Ibe appro-
priate to carry out the purposes ofthis Act.
(b) ADrirrowAL MATTERS IN CONCURRENT RESOLITION.-The first
concurrent resolution on the budget may also require-





26


July 12, 1974 1 ub. Law 93-344 ST

(1) a procedure under which all or certain bills and resolutions
providing new budget authority or providing new spending
authority described in section 401 (c) (2) () for such fiscal year
shall not be enrolled until the concurrent resolution required to be
reported under section 310 (a) has been agreed to, and, if a recon-
ciliation bill or reconciliation resolution, or both, are required to
be reported under section 310(c), until Congress has completed
action n that bill or resolution, or both; and
(2) any other procedure which is considered appropriate to
carry out the purposes of this Act.
Not later than the close of the Ninety-fifth Congress, the Committee Report to
on the Budget of each House shall report to its House on the imple- Congress.
mentation of procedures described in this subsection.
(c) VIEWS AND ESTIMATES OF o THIE COMMITEES.--On or before Subittal to
March 15 of each year, each standing committee of the House of ongressional
Representatives shall submit to the Committee on the Budget of the eoniittees.
House, each standing committee of the Senate shall submit to the
Committee on the Budget of the Senate, and the Joint Economic Com-
mittee and Joint Committee on Internal Revenue Taxation shall sub-
mit to the Committees on the Budget of both Houses-
(1) its views and estimates with respect to all matters set forth
in subsection (a) which relate to matters within the respective
jurisdiction or functions of such committee or joint committee;
and
(2) except in the case of such joint committees, the estimate
of the total amounts of new budget authority, and budget outlays
resulting therefrom, to be provided or authorized in all bills and
resolutions within the jurisdiction of such committee which such
committee intends to be effective during the fiscal year beginning
on October 1 of such year.
The Joint Economic Committee shall also submit to the Committees
on the Budget of both Houses, its reconmmendations as to the fiscal
policy appropriate to the goals of the Employment Act of 1946. Any 6o stat. 23.
other committee of the House or Senate may submit to the Committee 15 UsC 1021
on the Budget of its House, and any other joint committee of the note.
Congress may submit to the Committees on the Budget of both Houses,
its views and estimates with respect to all matters set forth in sub-
section (a) which relate to matters within its jurisdiction or functions.
(d) HEARINGS AND REPOIT.-In developing the first concurrent reso- Concurrent
lution on the budget referred to in subsection (a) for each fiscal year, resolution,
the Committee on the Budget of each House shall hold hearings and development.
shall receive testimony from Members of Congress and such appro-
priate representatives of Federal departments and agencies, the gen-
eral public, and national organizations as the committee deems
desirable. On or before April 15 of each year, the Committee on the Report to
Budget of each House shall report to its House the first concurrent Congress.
resolution on the budget referred to in subsection (a) for the fiscal
year beginning on October 1 of such year. The report accompanying contents.
such concurrent resolution shall include, but not be limited to-
(1) a comparison of revenues estimated by the committee with
those estimated in the budget submitted by the President;
(2) a comparison of the appropriate levels of total budget out-
lays and total new budget authority, as set forth in such
concurrent resolution, with total budget outlays estimated and
total new budget authority requested in the budget submitted by
the President;





27


88 STAT30 Pub. Law 93-344 12- July 12, 1974
(3) with respect to each major functional category, anl estimate
of budget outlays and an appropriate level of new budget author-
ity for all proposed programs and for all existing programs
(including renewals thereof), with the estimate and level for
existing programs being divided between permanent authority
and funds provided in appropriation Acts, and each such division
being subdivided between controllable amounts and all other
amounts;
(4) an allocation of the level of Federal revenues recommended
in the concurrent resolution among the major sources of such
revenues;
(5) the economic assumptions and objectives which underlie
each of the matters set forth in such concurrent resolution and
alternative economic assumptions and objectives which the com-
mittee considered;
(6) projections, not limited to the following, for the period of
five fiscal years beginning with such fiscal year of the estimated
levels of total budget outlays, total new budget outl total ew budget outlays, total new
budget authority, the estimated revenuest be received, and the
estimated surplus or deficit, if any, for each fiscal year in such
period. and the estimated levels of tax expenditures (the tax
expenditures budget) by major functional categories;
(7) a statement of any significant changes in the proposed
levels of Federal assistance to State and local governments; and
*(8) information, data, and comparisons indicating the manner
in which, and the basis on which, the committee determined each
of the matters set forth in the concurrent resolution, and the rela-
tionship of such matters to other budget categories.
MATTERS TO BE INCLUDED IN JOINT STATEMENT OF MANAGERS;
REPORTS BY COMMITTEES
31 usC 1323. SEc. 302. (a) ALLOCATION OF TOTAL .-The joint explanatory state-
ment accompanying a conference report on a concurrent resolution on
the budget shall include an estimated allocation, based upon such
concurrent resolution as recommended in such conference report. of
the appropriate levels of total budget outlays and total new budget
authority among each committee of the House of Representatives and
the Senate which has jurisdiction over bills and resolutions providing
such new budget authority.
Subdivisions. (b) REPORTS BY CoMxM TEES.-As soon as practicable after a con-
current resolution on the budget is agreed to-
(1) the Committee on Appropriations of each House shall, after
consulting with the Committee on Appropriations of the other
House, (A) subdivide among its subcommittees the allocation of
budget outlays and new budget authority allocated to it in the
joint explanatory statement accompanying the conference report
on such concurrent resolution, and (B) further subdivide the
amount with respect to each such subcommittee between con-
trollable amounts and all other amounts; and
(2) every other committee of the House and Senate to which
an allocation was made in such joint explanatory statement shall,
after consulting with the committee or committees of the other
House to which all or part of its allocation was made, (A) sub-
divide such allocation among its subcommittees or among pro-
grams over which it has jurisdiction, and (B) further subdivide
the amount with respect to each subcommittee or program between
controllable amounts and all other amounts.





28


July 12, 1974 13 Pub. Law 93-344
S88 STAT. 309
Each such committee shall promptly report to its House the subdivi- Congressional
sions made by it pursuant to this subsection. oomittees'
(c) SUBEQUENT CONCURRENT RESOLUTION.-Il the case of a concur- reort of sub-
rent resolution on the budget referred to in section 304 or 310, the ivisios,
allocation under subsection (a) and the subdivisions under subsection
(b) shall be required only to the extent neessary to take into account
revisions made in the most recently agreed to concurrent resolution
on the budget.
FIRST CONURRENT RESOLUTION ON THE BUDGET MUST BE ADOPTED BEFORE
LEGISLATION PROVIDING NEW BUDGET AUTHORITY, NEW SPENDING
AUTHORITY, OR CHANGES IN REVENUES OR PUBLIC DEBT LIMIT IS CON-
SIDERED
SEC. 303. (a) IN GENmERAL-It shall not be in order in either the 31 usC 1324,
House of Representatives or the Senate to consider any bill or resolu-
tion (or ammedment thereto) which provides-
(1) new budget authority for a fiscal year;
(2) an increase or decrease in revenues to become effective
during a fiscal year;
(3) an increase or decrease in the public debt limit to become
effective during a fiscal year; or
(4) new spending authority described in section 401(c) (2) (C)
to become effective during a fiscal year;
until the first concurrent resolution on the budget for such year has
been agreed to pursuant to section 301.
(b) ExcEPrxoNs.-Subsection (a) does not apply to any bill or
resolution-
(1) providing new budget authority which first becomes avail-
able in a fiscal year following the fiscal year to which the con-
current resolution applies; or
(2) increasing or decreasing revenues which first become effec-
tive in a fiscal year following the fiscal year to which the con-
current resolution applies.
(c) WAIVER IN THE SENATE.-
(1) The committee of the Senate which reports any bill or res-
olution to which subsection (a) applies may at or after the time it
reports such bill or resolution, report a resolution to the Senate
(A) providing for the waiver of subsection (a) with respect to
such bill or resolution, and (B) stating the reasons why the
waiver is necessary. The resolution shall then be referred to the Resolution
Committee on the Budget of the Senate. That committee shall referral.
report the resolution to the Senate within 10 days after the res- Report to
olution is referred to it (not counting any day on which the semnte.
Senate is not in session) beginning with the day following the day
on which it is so referred, accompanied by that committee's rec-
ommendations and reasons for such recommendations with respect
to the resolution. If the committee does not report the resolution
within such 10-day period, it shall automatically be discharged
from further consideration of the resolution and the resolution
shall be placed on the calendar.
(2) During the consideration of any such resolution, debate Debate,t im
shall be limited to one hour, to be equally divided between, and limitation.
controlled by, the majority leader and minority leader or their
designees, and the time on any debatable motion or appeal shall
be limited to twenty minutes, to be equally divided between, and
controlled by, the mover and the manager of the resolution. In the
event the manager of the resolution is n favor of any such motion





29


Pub. Law 93-344 14 July 12, 1974
88 STAT. 310
or appeal, the time in opposition thereto shall be controlled by the
minority leader or his designee. Such leaders, or either of them,
may, from the time under their control on the passage of such
resolution, allot additional time to any Senator during the con-
sideration of any debatable motion or appeal. No amendment to
the resolution is in order.
(3) If, after the Committee on the Budget has reported (or
been discharged from further consideration of) the resolution,
the Senate agrees to the resolution, then subsection (a) of this
section shall not apply with respect to the bill or resolution to
which the resolution so agreed to applies.

PERMISSIBLE REVISIONS OF CONCURRENT RESOLUTIONS OF THE BUDGET
31 usc 1325. SEc. 304. At any time after the first concurrent resolution on the
budget for a fiscal year has been agreed to pursuant to section 301, and
before the end of such fiscal year, the two Houses may adopt a con-
current resolution on the budget which revises the concurrent resolu-
tion on the budget for such fiscal year most recently agreed to.

PROVISIONS RELATING TO THE CONSIDERATION OF CONCURRENT
RESOLUTIONS ON THE BUDGET
31 USC 1326. SEc. 305. (a) PROCEDURE IN HOUSE OF REPRESENTATIVES AFTER
REPORT OF COMMITTEE; DEBATE.-
(1) When the Committee on the Budget of the House has
reported any concurrent resolution on the budget, it is in order
at any time after the tenth day (excluding Saturdays, Sundays,
and legal holidays) following the day on which the report upon
such resolution has been available to Members of the House (even
though a previous motion to the same effect has been disagreed
to) to move to proceed to the consideration of the concurrent reso-
lution. The motion is highly privileged and is not debatable. An
amendment to the motion is not in order, and it is not in order to
move to reconsider the vote by which the motion is agreed to or
disagreed to.
Debate, time (2) General debate on any concurrent resolution on the budget
limitation. in the House of Representatives shall be limited to not more than
10 hours, which shall be divided equally between the majority and
minority parties. A motion further to limit debate is not debat-
able. A motion to recommit the concurrent resolution is not in
order, and it is not in order to move to reconsider the vote by
which the concurrent resolution is agreed to or disagreed to.
(3) Consideration of any concurrent resolution on the budget
by the House of Representatives shall be in the Committee of the
Whole, and the resolution shall be read for amendment under the
five-minute rule in accordance with the applicable provisions of
rule XXIII of the Rules of the Houe of Representatives. After
the Committee rises and reports the resolution back to the House,
the previous question shall be considered as ordered on the reso-
lution and any amendments thereto to final passage without inter-
vening motion; except that it shall be in order at any time prior
to final passage (notwithstanding any other rule or provision of
law) to adopt an amendment (or a series of amendments) chang-
ing any figure or figures in the resolution as so reported to the
extent necessary to achieve mathematical consistency.












75-568 0 76 5





30


July 12, 1974 15 Pub. Law 93-344
88 STAT. 311
(4) Debate in the House of Representatives on the conference Debates time
report or any concurrent resolution on the budget shall be limited limitation.
to not more than 5 hours, which shall be divided equally between
the majority and minority parties. A motion further to limit
debate is not debatable. A motion to recommit the conference
report is not in order, and it is not in order to move to reconsider
the vote by which the conference report is agreed to or dis-
agreed to.
(5) Motions to postpone, made with respect to the consideration
of any concurrent resolution on the budget, and motions to pro-
ceed to the consideration of other business, shall be decided with-
out debate.
(6) Appeals from the decision the isi ofthe Chair relating to the
application of the Rules of the House of Representatives to the
procedure relating to any concurrent resolution on the budget
shall be decided without debate.
(b) PROCEDURE IN SENATE AFrER REPORT OF COMMITTEE; DEBATE;
LAMENDM3ENTS.-
(1) Debate in the Senate on any concurrent resolution on the Debate, time
budget, and all amendments thereto and debatable motions and limitation.
appeals in connection therewith, shall be limited to not more
than 50 hours, except that, with respect to the second required
concurrent resolution referred to in section 310(a), all such debate
shall be limited to not more than 15 hours. The time shall be
equally divided between, and controlled by, the majority leader
and the minority leader or their designees.
(2) Debate in the Senate on any amendment to a concurrent
resolution on the budget shall be limited to 2 hours, to be equally
divided between, and controlled by, the mover and the manager
of the concurrent resolution, and debate on any amendment to an
amendment, debatable motion, or appeal shall be limited to 1 hour,
to be equally divided between, and controlled by, the mover and
the manager of the concurrent resolution, except that in the event
the manager of the concurrent resolution is in favor of any such
amendment, motion, or appeal, the time in opposition thereto
shall be controlled by the minority leader or his designee. No
amendment that is not germane to the provisions of such con-
current resolution shall be received. Such leaders, or either of
them, may, from the time under their control on the passage of
the concurrent resolution, allot additional time to any Senator
during the consideration of any amendment, debatable motion,
or appeal.
(3) A motion to further limit debate is not debatable. A
motion to recommit (except a motion to recommit with instruc-
tions to report back within a specified number of days, not to
exceed 3, not counting any day on which the Senate is not in
session) is not in order. Debate on any such motion to recommit
shall be limited to 1 hour, to be equally divided between, and
controlled by, the mover and the manager of the concurrent
resolution.
(4) Notwithstanding any other rule, an amendment, or series
of amendments, to a concurrent resolution on the budget proposed
in the Senate shall always be in order if such amendment or series
of amendments proposes to change any figure or figures then con-
tained in such concurrent resolution so as to make such concurrent
resolution mathematically consistent or so as to maintain such
consistency.





31


Pub. Law 93-344 16 July 12, 1974
88 STAT. 312 .. ..
(c) ACTION ON CONFERENCE REPORTS IN THE SENATE.-
(1) The conference report on any concurrent resolution on the
budget shall be in order in the Senate at any time after the third
day (excluding Saturdays, Sundays, and legal holidays) follow-
ing the day on which such a conference report is reported and is
available to Members of the Senate. A motion to proceed to the
consideration of the conference report may be made even though a
previous motion to the same effect has been disagreed to.
Debate, time (2) During the consideration in the Senate of the conference
limitation. report on any concurrent resolution on the budget, debate shall be
limited to 10 hours, to be equally divided between, and controlled
by, the majority leader and moority leade r their desigiees.
Debate on any debatable motion or appeal related to the confer-
ence report shall be limited to 1 hour, to be equally divided
between, and controlled by. the mover and the manager of the
conference report.
(.3) Should the conference report be defeated, debate on any
rI(quest for a new conference and the appointment of conferees
shall be limited to 1 hour, to be equally divided between, and
controlled by, the manager of the conference report and the
minority "leader or his designee, and should any motion be made
to instruct the conferees before the conferees are named, debate
on such motion shall be limited to one-half hour, to be equally
divided between, and controlled by. the mover and the manaiger
of the conference report. Debate on any amendment to any such
instructions shall be limited to 20 minutes, to be equally divided
between and controlled by the mover and the manager of the con-
ference report. In all cases when the manager of the conference
report is in favor of any motion, appeal, or amendment, the time
in opposition shall be under the control of the minority leader or
his designee.
(4) In any case in which there are amendments in disagree-
ment, time on each amendment shall be limited to 30 minutes, to
be equally divided between, and controlled by, the manager of the
conference report and the minority leader or his designee. No
amendment that is not germane to the provisions of such amend-
me.nts shall be received.
Conferenoe re- (d) REQUIREi ACTION BY CONFEIREXNE COMMI[TEE.-- f, at the end of
port, submit- 7 days (excluding Saturdays, Sundays, and legal holidays) after the
tal to Congress. conferees of both Houses have been appointed to a committee of con-
ference on a concurrent resolution on the budget, the conferees are
unable to reach agreement with respect to all matters in disagreement
between the two Houses, then the conferees shall submit to their
reswective Houses, on the first day thereafter on which their House
is ill session-
(1) a conference report recommending those matters on which
they have agreed and reporting in disagreement those matters on
which they have not agreed; or
(2) a conference report in disagreement, if the matter in dis-
agreement is an amendment which strikes out the entire text of
the concurrent resolution and inserts a substitute text.
(e) CONCURRENT RESOLUTION tUST BE CONSISTENT IN TIE SEN-
ATE.-It shall not be in order in the Senate to vote on the question of
agreeing to-
(1) a concurrent resolution on the budget unless the figures then
contained in such resolution are mathematically consistent; or
(2) a conference report on a concurrent resolution on the budget
unless the figures contained in such resolution, as recommended
in such conference report, are o rmathematically consistent.





32


July 12, 1974 17 Pub. Law 93-344
88 STAT. 313
LEGISLATION DEALING WITH CONGRESSIONAL BUDGET MUST BE HANDLED
BY BUDGET COMMITTEES
SEC. 306. No bill or resolution, and no amendment to any bill or Z31 us 1327.
resolution, dealing with any matter which is within the jurisdiction
of the Committee on the Budget of either House shall be considered
in that House unless it is a bill or resolution which has been reported
by the (ommnittee on the Budget of that House (or from the considera-
tion of which such committee has been discharged) or unless it is an
amendment to such a bill or resolution.

IOUSE COMMITTEE ACTION ON ALL APPROPRIATION BILLS TO BE COMPLETED
BEFORE FIRST APPROPRIATION BILL IS REPORTED
SEC. 307. Prior to reporting the first regular appopopriation bill for 31 usc 1328.
each fiscal year, the Committee on Appropriations of the House of
Representatives shall, to the extent practicable, complete subcommit-
tee markup and full committee action on all regular aplropriation
bills for that year and submit to the House a summary report compar- Sumary report,
ing the conmmittee's recommendations with the appropriate levels of submittal to
budget outlays and new budget authority as set forth in the most House.
recently agreed to concurrent resolution on the budget for that year.

REPORTS, SUMMARIES, AND PROJECTIONS OF CONGRESSIONAL BUDGET
ACTIONS
SEC. 308. (a) REPORTS ON LEGISLATION PROVIDING NEW BUDGET 31 USC 1329.
Au'riORITY OR TAx ExPENDITURES.-W"henever a committee of either
House reports a bill or resolution to its House providing new budget
authority (other than continuing appropriations) or new or increased
tax expenditures for a fiscal year, the report accompanying that bill Contents.
or resolution shall contain a statement, prepared after consultation
with the Director of the Congressional Budget Office, detailing-
(1) in the case of a bill or resolution providing new budget
authority-
(A) how the new budget authority provided in that bill
or resolution compares with the new budget authority set
forth in the most recently agreed to concurrent resolution
on the budget for such fiscal year and the reports submitted
under section 302;
(B) a projection for the period of 5 fiscal years begin-
ning with such fiscal year of budget outlays, associated with
the budget authority provided in that bill or resolution, in
each fiscal year in such period and
(C) the new budget authority, and budget outlays result-
ing therefrom, provided by that bill or resolution for finan-
cial assistance to State and local governments; and
(2) in the case of a bill or resolution providing new or increased
tax expenditures-
(A) how the new or increased ax expenditures provided in
that bill or resolution will affect the levels of tax expenditures
under existing law as set forth in the report accompanying
the first concurrent resolution on the budget for such fiscal
year, or, if a report accompanying a subsequently agreed to
concurrent resolution for such year sets forth such levels,
then as set forth in that report; and
(B) a projection for the period of 5 fiscal years beginning
with such fiscal year of the tax expenditures which will result
from that bill or resolution in each fiscal year in such period.





33


Pub. Law 93-344 18 July 12, 1974
88 STAT. 314
No projection shall be required for a fiscal year under paragraph (1)
(B) or (2) (B) if the committee determines that a projection for that
fiscal year is impracticable and states in its report the reason for such
impracticability.
(b) UP-TO-DATE TABULATION OF CONGRESSIONAL BUDGET ACTIONw.-
Periodio re- The Director of the Congressional Budget Office shall issue periodic
ports. reports detailing and tabulating the progress of congressional action
on bills and resolutions providing new budget authority and changing
Contents, revenues and the public debt limit for a fiscal year. Such reports shall
include, but are not limited to-
(1) an up-to-date tabulation comparing the new budget author-
ity for such fiscal year in bills and resolutions on which Congress
has completed action and estimated outlays, associated with such
new budget authority, during such fiscal year to the new budget
authority and estimated outlays set forth in the most recently
agreed to concurrent resolution on the budget for such fiscal year
and the reports submitted under section 302;
(2) an up-to-date status report on all bills and resolutions pro-
viding new budget authority and changing revenues and the
public debt limit for such fiscal year in both Houses;
(3) an up-to-date comparison of the appropriate level of reve-
nues contained in the most recently agreed to concurrent resolu-
tion on the budget for such fiscal year with the latest estimate of
revenues for such year (including new revenues anticipated
during such year under bills and resolutions on which the Con-
gress has completed action); and
(4) an up-to-date comparison of the appropriate level of the
public debt contained in the most recently agreed to concurrent
resolution on the budget for such fiscal year with the latest esti-
mate of the public debt during such fiscal year.
Report. (c) FIVE-YEAR PROJECTION OF CONGRESSIONAL BUDGET ACTION.-As
soon as practicable after the beginning of each fiscal year, the Director
of the Congressional Budget Office shall issue a report projecting for
the period of 5 fiscal years beginning with such fiscal year-
(1) total new budget authority and total budget outlays for
each fiscal year in such period;
(2) revenues to be received and the major sources thereof, and
the surplus or deficit, if any, for each fiscal year in such period;
and
(3) tax expenditures for each fiscal year in such period.

COMPLETION OF ACTION ON BILLS PROVIDING NEW BUDGET AUTHORITY
AND CERTAIN NEW SPENDING AUTHORITY
31 USC 1330. SEC. 309. Except as otherwise provided pursuant to this title, not
later than the seventh day after Labor Day of each year, the Congress
shall complete action on all bills and resolutions-
(1) providing new budget authority for the fiscal year begin-
ning on October 1 of such year, other than supplemental, defi-
ciency, and continuing appropriation bills and resolutions, and
other than the reconciliation bill for such year, if required to be
reported under section 310(c); and
(2) providing new spending authority described in section 401
(c) (2) (C) which is to become effective during such fiscal year.
Paragraph (1) shall not apply to any bill or resolution if legislation
authorizing the enactment of new budget authority to be provided in
such bill or resolution has not been timely enacted.











I- "/ '





34


July 12, 1974 19 Pub. Law 93-344
88 STAT. 315
SECOND REQUIRED CONCURRENT RESOLUTION AND RECONCIIATION
PROCESS
SEC. 310. (a) REPORTING OF CONCURRENT RESOLTION.-The Corn- 31 iC 1331.
inittee on the Budget of each House shall report to its House a con-
current resolution on the budget which reafirms or revises the
concurrent resolution on the budget most recently agreed to with
respect to the fiscal year beginning on October 1 of such year. Any such
concurrent resolution on the budget shall also, to the extent neces-
sary-
(1) specify the total amount by which-
(A) new budget authority for such fiscal year;
(B) budget authority initially provided for prior fiscal
years; and
(C) new spending authority described in section 401 (c) (2)
(C) which is to become effective during such fiscal year,
contained in laws, bills, and resolutions within the jurisdiction
of a committee, is to be changed and direct that committee to
determine and recommend changes to accomplish a change of
such total amount;
(2) specify the total amount by which revenues are to be
changed and direct that the committees having jurisdiction to
determine and recommend changes in the revenue laws, bills, and
resolutions to accomplish a change of such total amount;
(3) specify the amount by which the statutory limit on the
public debt is to be changed and direct the committees having
jurisdiction to recommend such change; or
(4) specify and direct any combination of the matters described
in paragraphs (1), (2),and (3).
Any such concurrent resolution may be reported, and the report Filing.
accompanying it may be filed, in either House notwithstanding that
that House is not in session on the day on which such concurrent
resolution is reported.
(b) COMPLETION OF ACTION ON CONCURRENT RESOLUTION.-Not later
than September 15 of each year, the Congress shall complete action
on the concurrent resolution on the budget referred to in subsettion
(a).
(c) RECONCILIATION PROCESS.-If a concurrent resolution is agreed
to in accordance with subsection (a) containing directions to one or
more committees to determine and recommend changes in laws, bills,
or resolutions, and-
(1) only one committee of the House or the Senate is directed to
determine and recommend changes, that committee shall promptly
make such determination and recommendations and report to its
House a reconciliation bill or reconciliation resolution, or both,
containing such recommendations; or
(2) more than one committee of the House or the Senate is
directed to determine and recommend changes, each such com-
mittee so directed shall promptly make such determination and
recommendations, whether such changes are to be contained in a
reconciliation bill or reconciliation resolution, and submit such
recommendations to the Committee on the Budget of its House,
which upon receiving all such recommendations, shall report to
its House a reconciliation bill or reconciliation resolution, or both,
carrying out all such recommendations without any substantive
revision.






35


Pub. Law 93-344 20 July 12, 1974
88 STAT. 316
Reoonoiliation For purposes of this subsection, a reconciliation resolution is a con-
resolution. current resolution directing the Clerk of the House of Representatives
or the Secretary of the Senate, as the case may be, to make specified
changes in bills and resolutions which have not been enrolled.
(d) COMPLETION OF RECONCILIATION PROCESS.-CongreSs shall com-
plete action on any reconciliation bill or reconciliation resolution
reported under subsection (c) not later than September 25 of each
year.
(e) PROCEDURE IN THE SEENATE.-
(1) Except as provided in paragraph (2), the provisions of
section 305 for the consideration in the Senate of concurrent reso-
lutions on the budget and conference reports thereon shall also
apply to the consideration in the Senate of reconciliation bills and
reconciliation resolutions reported under subsection (c) and con-
ference reports thereon.
Debate, time (2) Debate in the Senate on any reconciliation bill or resolu-
limitation. tion reported under subsection (c), and all amendments thereto
and debatable motions and appeals in connection therewith, shall
be limited to not more than 20 hours.
(f) C( NoI(RES 3MAY NOT ADJOURN UNTI, ACTION Is COMPLETED.--It
shall not be in order in either the House of Representatives or the
Seiate to consider any resolution providing for the adjournment sine
die of either House unless action has been completed on the concurrent
resolution on the budget required to be reported under subsection (a)
for the fiscal year begiinimng on October 1 of such year, and, if a.
reconciliation bill or resolution, or both, is required to be reported
under subsection (c) for such fiscal year, unless the Congress has com-
pleted action on that bill or resolution, or both.

NEW "IUD:ET AUTHORITY, NEW SPENDrING AUTHORITY AND REVENUE
LEGISLATION MUST BE WI'VriIN AIPPlROPRI'IATE LEVEILS

31 USe 1332, SE,. 311. (a) LEGISLATION SUBJEC(T TO POINT or ORDER.-After the
Congress has completed action on the concurrent resolution on the
budget required to be reported under section 310(a) for a fiscal year,
and, if a reconciliation bill or resolution, or both, for such fiscal year
are required to be reported under section 310(c), after that bill hlas
been enacted into law or that resolution has been agreed to. it shall
not be in order in either the lHouse of Representat ives or the Senate to
consider any bill. resolut ion, or amendilent providing additional new
budlget authority for sluch fiscal year. providing new spending author-
it described in section 401 (c) (2) (C) to becomie effective during such
fiscal year. or reducing revenues for such fiscal year, or any confer-
ence report on any such bill or resolution, if-
(1) the enactmient of such bill or resolution as reported;
(2) the adoption and enactment, of such amendment; or
(3) the enactment of such bill or resolution in the form recoim-
mended in such conference report;
would cause the appropriate level of total new budget authority or
total budget outlays set forth in the most recently agreed to concur-
rent resolution on the budget for such fiscal year to be exceeded, or
would cause revenues to be less than the appropriate level of revenues
set forth in such concurrent resolution.
(b) IDETERMI~NArTIO Or () url..s RE:vNUES.-For purposes of
sulsection (a), the budget outlays to )e made during a fiscal year and
revenues to be received during a fiscal year shall be determined on the
basis of estimates made by the Committee on the Budget of the House
of Representatives or the Senate, as tlie case may be.








I,. *





36


July 12, 1974 21 Pub. Law 93-344
_88 STAT. 317
TITLE IV-ADDITIONAL PROVISIONS TO IMPROVE
FISCAL PROCEDURES
BILLS PROVIDING NEW SPENDING AUTHORITY
SEC. 401. (a) LEGISLATION POVIDING CONTRACT OR BORROWIN 31 UC 135l1
AUTHOrITY.-It shall not be in order in either the House of Represent-
atives or the Senate to consider any bill or resolution which provides
new spending authority described in subsection (c) (2) (A) or (B)
(or any amendment which provides such new spending authority),
unless that bill, resolution, or amendment also provides that such
new spending authority is to be effective for any fiscal year only to
such extent or in such amounts as are provided in appropriation Acts.
(b) LEGISLATION PROVIDING ENTFILEMENT AUrTHOinr.-
(1) It shall not be in order- in either the House of Representa-
tives or the Senate to consider any bill or resolution which pro-
vides new spending authority described in subsection (c) (2) (C)
(or any amendment which provides such new spending authority)
which is to become effective before the first day of the fiscal year
which begins during the calendar year in which such bill or res-
olution is reported.
(2) If any committee of the House of Representatives or the
Senate reports any bill or resolution which provides new spending
authority described in subsection (c) (2) (C) which is to become
effective during a fiscal year and the amount of new budget author-
ity which will be required for such fiscal year if such bill or resolu-
tion is enacted as so reported exceeds the appropriate allocation of
new budget authority reported under section 302(b) in connection
with the most recently agreed to concurrent resolution on the
budget for such fiscal year, such bill or resolution shall then be Referral to
referred to the Committee on Appropriations of that House with Appropriations
instructions to report it, with the committee's recommendations, Committee.
within 15 calendar days (not counting any day on which that
House is not in session) beginning with the day following the day
on which it is so referred. If the Committee on Appropriations of Disharge from
either House fails to report a bill or resolution referred to it under oonsideration.
this paragraph within such 15-day period, the committee shall
automatically be discharged from further consideration of such
bill or resolution and such bill or resolution shall be placed on the Placement on
appropriate calendar. oalendar.
(3) The Committee on Appropriations of each House shall have Comnittee
jurisdiction to report any bill or resolution referred to it under jurisdiotion.
paragraph (2) with an amendment which limits the total amount
of new spending authority provided in such bill or resolution.
(c) DEFINTIONS.-
(1) For purposes of this section, the term "new spending
authority" means spending authority not provided by law on the
effective date of this section, including any increase in or addition
to spending authority provided by law on such date.
(2) For purposes of paragraph (1), the term "spending author-
ity" means authority (whether temporary or permanent) -
(A) to enter into contracts under which the United States
is obligated to make outlays, the budget authority for which
is not provided in advance by appropriation Acts;
(B) to incur indebtedness (other than indebtedness
incurred under the Second Liberty Bond Act) for the repay- 40 Stat, 288.
ment of which the United States is liable, the budget authority 31 use 774.
for which is not provided in advance by appropriation Acts;
and





37


Pub. Law 93-344 22 July 12, 1974
88 STAT. 318
(C) to make payments (including loans and grants), the
budget authority for which is not provided for in advance
by appropriation Acts, to any person or government if, under
the provisions of the law containing such authority, the
United States is obligated to make such payments to persons
or governments who meet the requirements established by such
law.
Such term does not include authority to insure or guarantee the
repayment of indebtedness incurred by another person or govern-
ment.
(d) ExcEPTIONS.-
(1) Subsections (a) and (b) shall not apply to new spending
authority if the budget authority for outlays which will result
from such new spending authority is derived-
(A) from a trust fund established by the Social Security
49 Stat. 620. Act (as in effect on the date of the enactment of this Act);
42 USC 1305. or
(B) from any other trust fund, 90 percent or more of the
receipts of which consist or will consist of amounts (trans-
ferred from the general fund of the Treasury) equivalent to
amounts of taxes (related to the purposes for which such
outlays are or will be made) received in the Treasury under
68A Stat. 3. specified provisions of the Internal Revenue Code of 1954.
26 usC 1 jgs-. (2) Subsections (a) and (b) shall not apply to new spending
authority which is an amendment to or extension of the State
86 Stat. 919. and Local Fiscal Assistance Act of 1972, or a continuation of
31 usc 1221 note. the program of fiscal assistance to State and local governments
provided by that Act, to the extent so provided in the bill or
resolution providing such authority.
(3) Subsections a) and (b) shall not apply to new spending
authority to the extent that-
(A) the outlays resulting therefrom are made by an orga-
nization which is (i) a mixed-ownership Government corpo-
ration (as defined in section 201 of the Government
59 Stat, 600; Corporation Control Act), or (ii) a wholly owned Govern-
87 Stat, 1005. ment corporation (as defined in section 101 of such Act)
31 USC 856, which is specifically exempted by law from compliance with
59 stat. S97; any or all of the provisions of that Act; or
86 Stat. 1274. (B) the outlays resulting therefrom consist exclusively of
3 USC 846. the proceeds of gifts or bequests made to the United States
for a specific purpose.
REPORTING OF AUTHORIZING LEGISLATION
31 USC 1352. SEC. 402. (a) REQUIRED REPORTING DATE.-Except as otherwise pro-
vided in this section, it shall not be in order in either the House of
Representatives or the Senate to consider any bill or resolution which,
directly or indirectly, authorizes the enactment of new budget author-
ity for a fiscal year, unless that bill or resolution is reported in the
House or the Senate, as the case may be, on or before May 15 preced-
ing the beginning of such fiscal year.
(b) EERGENCY WAIVER IN THE HosE.-If the Committee on Rules
of te House of Representatives determines that emergency conditions
require a waiver of subsection (a) with respect to any bill or resolu-
tion, such committee may report, and the House may consider and
adopt, a resolution waiving the application of subsection (a) in the
case of such bill or resolution.





38


July 12, 1974 23 Pub. Law 93-344

(c) WAIVER IN THE SENATE.-
(1) The committee of the Senate which reports any bill or
resolution may, at or after the time it reports such bill or resolu-
tion, report a resolution to the Senate (A) providing for the
waiver of subsection (a) with respect to such bill or resolution,
and (B) stating the reasons why the waiver is necessar. The Referra to
resolution shall then be referred to the Committee on the Budget Budet Cmmit-
of the Senate. That committee shall report the resolution to the tee.
Senate, within 10 days after the resolution is referred to it (not Report to Sen-
counting any day on which the Senate is not in session) beginning ate.
with the day following the day on which it is so referred accom-
panied by that committee's recommendations and reasons for such
recommendations with respect to the resolution. If the committee Disoharge from
does not report the resolution within such 10-day period, it shall oonsideratio.
automatically be discharged from further consideration of the
resolution and the resolution shall be placed on the calendar. Placement on
(2) During the consideration of any such resolution, debate oalendar.
shall be limited to one hour, to be equally divided between, and Debate time
controlled by, the majority leader and the minority leader or their limitation.
designees, and the time on any debatable motion or appeal shall be
limited to 20 minutes, to be equally divided between, and con-
trolled by, the mover and the manager of the resolution. In the
event the manager of the resolution is in favor of any such motion
or appeal, the time in opposition thereto sha'l be controlled by
the minority leader or his designee. Such leaders, or either of
them, may, from the time under their control on the passage of
such resolution, allot additional time to any Senator during the
consideration of any debatable motion or appeal. No amendment
to the resolution is in order.
(3) If, after the Committee on the Budget has reported (or
been discharged from further consideration of) the resolution, the
Senate agrees to the resolution, then subsection (a) of this section
shall not apply with respect to that bill or resolution referred to
in the resolution.
(d) CERTAIN BILLS AND RESOLUTIONS RECEIVED FROM OTHER
HousE.-Notwithstanding the provisions of subsection (a), if under
that subsection it is in order in the House of Representatives to con-
sider a bill or resolution of the House, then it shall be in order to
consider a companion or similar bill or resolution of the Senate; and if
under that subsection it is in order in the Senate to consider a bill or
resolution of the Senate, then it shall be in order to consider a com-
panion or similar bill of the House of Representatives.
(e) ExcEPTIONS.--
(1) Subsection (a) shall not apply with respect to new spend-
ing authority described in section 401(c) (2) (C).
(2) Subsection (a) shall not apply with respect to new budget
authority authorized in a bill or resolution for any provision of
the Social Security Act if such bill or resolution also provides
new spending authority described in section 401(c) (2)(C)
which, under section 401(d) (1) (A), is excluded from the appli-
cation of section 401(b).
(f) STUrn OF EXISTING SPENDING AUTHORITY AND PERMANENT
APPROPRIATIONS.-The Committees on Appropriations of the House of
Representatives and the Senate shall study on a continuing basis those
provisions of law, in effect on the effective date of this section, which
provide spending authority or permanent budget authority. Each Report to
committee shall, from time to time, report to its House its recommen- congress,
dations for terminating or modifying such provisions.





39


sPub. Law 93-344 24 July 12, 1974
88 320
ANALYSIS BY CONGRESSIONAL BUDGET OFFICE
31 usc 1353. Sac. 403. The Director of the Budet Ofice shall, to
the extent practicable, prepare for each bill or resolution of a public
character reported by any committee of the House of Representatives
or the Senate (except the Committee on Appropriations of each
Sutedtal to House), and submit to such committee-
oongressional (1) an estimate of the costs which would be incurred in carry-
comittee. ing out such bill or resolution in the fiscal year in which it is to
become effective and in each of the 4 fiscal years following
such fiscal year, together with the basis for each such estimate;
and
(2) a comparison of the estimate of costs described in para-
graph (1) with any available estimate of costs made by such
committee or by any Federal agency.
The estimate and comparison so submitted shall be included in the
report accompanying such bill or resolution if timely submitted to
such committee before such report is filed.
JURISDICTION OF APPROPRIATIONS COMMITIEES
SEc. 404. (a) AMENDMENT OF HOUSE Ru]Ei.-Clause 2 of rule XI of
the Rules of the House of Representatives is amended by redesignating
paragraph (b) as paragraph (e) and by inserting after paragraph (a)
the following new paragraphs:
"(b) Rescission of appropriations contained in appropriation Acts
Pot, p. 322. (referred to in section 105 of title 1, United States Code).
"(c) The amount of new spending authorit described in section
401(c) (2) (A) and (B) of the Congressional Budget Act of 1974
which is to be effective for a fiscal year.
"(d) New spending authority described in section 401(c) (2) (C)
of the Congressional Budget Act of 1974 provided in bills and resolu-
tions referred to the committee under section 401(b) (2) of that Act
(but subject to the provisions of section 401(b) (3) of that Act)."
(b) AMENDMENT OF SENATE RuEim.-Subparagraph (c) of para-
graph 1 of rule XXV of the Standing Rules of the Senate is amended
to read as follows:
"(c) Committee on Appropriations, to which committee shall be
referred all proposed legislation, messages, petitions, memorials, and
other matters relating to the following subjects:
"1. Except as provided in subparagraph (r), appropriation of the
revenue for the support of the Government.
"2. Rescission of appropriations contained in appropriation Acts
(referred to in section 105 of title 1, United States Code).
"3. The amount of new spending authority described in section 401
(c) (2 (A) and (B) of the Congressional Budget Act of 1974 pro-
vided in bills and resolutions referred to thecommittee under section
401(b) (2) of that Act (but subject to the provisions of section 401
(b) (3) of that Act).
"4. ew advance spendinauthority described in section 401(c)
(2) (C) of the Congression Bdget Act of 1974 provided in bills
and resolutions referred to the committee under section 401(b) (2) of
that Act (but subject to the provisions of section 401(b) (3) of that
Actd).





40


July 12, 1974 25 Pub. Law 93-344
.....8 AT m2i
TITLE V-CHANGE OF FISCAL YEAR

FISCAL YEAR TO BEGIN OCTOBER. 1
SEC. 501. Section 237 of the Revised Statutes (1 U.S.C. 1020)
amended to read as follows:
"SEc. 237. (a) The fiscal year of the Treasury of the United States,
in all matters of accounts, receipts, expenditures, estimates, and
appropriations-
"(1) shall, through June 30, 1976, commence on July 1 of each
year and end on June 30 of the following year; and
"(2) shall, beginning on October 1, 1976, commence on October
1 of each year and end on September 30 of the following year.
"(b) All accounts of receipts and expenditures required by law to Aooounts, an-
be published annually shall be prepared and published for each fiscal nual publioa-
year as established by subsection (a)." tion.
TRANSITION TO NEW FISCAL YEAR
SEC. 502. (a) As soon as practicable, the President shall prepare 31 usC 1020
and submit to the Congress- note.
(1) after consultation with the Committees on Appropriations Budget esti-
of the House of Representatives and the Senate, budget esti- mates and pro-
mates for the United States Government for the period com- posed legisla-
mencing July 1, 1976, and ending on September 30, 1976, in such tion, sumittal
form and detail as he may determine; and to ongress.
(2) proposed legislation he considers appropriate with respect
to changes in law necessary to provide authorizations of appro-
priations for that period.
(b) The Director of the Office of Management and Budget shall
provide by regulation, order, or otherwise for the orderly transition
by all departments, agencies, and instrumentalities of the United
States Government and the government of the District of Columbia
from the use of the fiscal year in effect on the date of enactment of
this Act to the use of the new fiscal year prescribed by section 237
(a) (2) of the Revised Statutes. The Director shall prepare and sub- upra.
mit to the Congress such additional proposed legislation as he con-
siders necessary to accomplish this objective.
(c) The Director of the Office of Management and Budget and Stuy,.
the Director of the Congressional Budget Office jointly shall conduct
a study of the feasibility and advisability of submitting the Budget
or portions thereof, and enacting new budget authority or portions
thereof, for a fiscal year during the regular session of the Congress
which begins in the year preceding the year in which such fiscal year
begins. The Director of the Office of Management and Budget and Reports, sutittal
the Director of the Congressional Budget Office each shall submit a to Congress.
report of the results of the study conducted by them, together with
his own conclusions and recommendations, to the Congress not later
than 2 years after the effective date of this subsection.

ACCOUNTING PROCEDURES
SEC. 503. (a) Subsection (a)(1) of the first section of the Act
entitled "An Act to simplify accounting, facilitate the payment of
obligations, and for other purposes", approved July 25, 1956, as
amended (31 U.S.C. 701), is amended to read as follows: 70 Stat, 647.





41



8s ST. 322 Pub. Law 93-344 26 July 12, 1974
"(1) The obligated balance shall be transferred, at the time
specified in subsection (b) (1) of this section, to an appropriation
account of the agency or subdivision thereof responsible for the
liquidation of the obligation, in which account shall be merged
the amounts so transferred from all aplpropriation accounts for
the same general purposes; and".
Transfers. (b) Subsection (b) of such section is aendd to read as follows:
70 Stat. 647. "(b) (1) Any obligated balance referred to in subsection (a) (1) of
31 usc 701. this section shall be transferred as follows:
"(A) for any fiscal year or years ending on or before June 30,
1976. on that June 30 which falls in the first month of June
which occurs twenty-four months after the end of such fiscal
year or years; and
"(B) for the period commencing on July 1, 1976, and ending
on September 30, 1976, and for any fiscal year commencing on or
after October 1, 1976, on September 30 of the second fiscal year
following that period or the fiscal year or years, as the case may
be, for which the appropriation is available for obligation.
withdlrwals. "(2) The withdrawals required by subsection (a) (2) of this section
shall be made-
"(A) for any fiscal year ending on or before June 30. 1976, not
later than September 30 of the fiscal year immediately following
the fiscal year in which the period of availability for obligation
expires; and
"(B) for the period commencing on July 1, 1976, and ending
on September 30, 1976, and for any fiscal year commencing on or
after October 1, 1976, not later than November 15 following such
period or fiscal year, as the case may be, in which the period of
availability for obligation expires."

CONVERSION O1 AUTHORIZATIONS OF APPROPRIATIONS
31 USC 1020a. SEc. 504. Any law providing for an authorization of appropriations
commencing on July 1 of a year shall, if that year is any year after
1975, be considered as meaning October 1 of that year. Any law provid-
ing for an authorization of appropriations ending on June 30 of a
year shall, if that year is any year after 1976, be considered as meaning
September 30 of that year. Any law providing for an authorization of
appropriations for the fiscal year 1977 or any fiscal year thereafter
shall be construed as referring to that fiscal year ending on Septem-
ber 30 of the calendar year having the same calendar year number as
the fiscal year number.
REPEALS
SEc. 505. The following provisions of law are repealed:
(1) the ninth paragraph under the headings "Legislative Estab-
lishment", "Senate", of the Deficiency Appropriation Act, fiscal
year 1934 (48 Stat. 1022; 2 U.S.C. 66); and
(2) the proviso to the second paragraph under the headings
"House of Representatives", "Salaries, Mileage, and Expenses of
Members", of the Legislative-Judiciary Appropriation Act, 1955
(68 Stat. 400; 2 U.S.C. 81).

TECHNICAL AMENDMENT
61 Stat. 634. SE. 506. (a) Section 105 of title 1, United States Code, is amended
by striking out "June 30" and inserting in lieuthereof "September 30".
Effective date. (b) The provisions of subsection (a) of thi section shall be effective
1 USC 105 with respect to Acts making appropriations for the support of the
note. Government for any fiscal year commencing on or after October 1, 1976.
Gor nt fo n ia erc





42


July 12, 1974 27 Pub. Law 93-344
88 STAT. 323
TITLE VI-AMENDMENTS TO BUDGET AND
ACCOUNTING ACT, 1921
MATTERS TO BB INCLUDED IN PRESIDENT'S BUDGET
SEC. 601. Section 201 of the Budget and Accounting Act, 1921 (31
U.S.C. 11), is amended by adding at the end thereof the following new 64 Stat. 832s
subsections: 84 Stat. 1169.
"(d) The Budget transmitted pursuant to subsection (a) for each
fiscal year shall set forth separately the items enumerated in section
301(a)(1)-(5) of the Congressional Budget Act of 1974. Ante p. 306.
"(e) The Budget transmitted pursuant to subsection (a) for each
fiscal year shall set forth the levels of tax expenditures under existing
law for such fiscal year (the tax expenditure budget), taking into
account projected economic factors, and any changes in such existing
levels based on proposals contained in such Budget. For purposes of
this subsection, the terms 'tax expenditures' and 'tax expenditures
budget' have the meanings given to them by section 3(a) (3) of the
Congressional Budget Act of 1974. Ante p. 299.
"(f) The Budget transmitted pursuant to subsection (a) for each
fiscal year shall contain-
"(1) a comparison, for the last completed fiscal year, of the
total amount of outlays estimated in the Budget transmitted pur-
suant to subsection (a) for each major program involving uncon-
trollable or relatively uncontrollable outlays and the total amount
of outlays made under each such major program during such
fiscal year;
"(2) a comparison, for the last completed fiscal year, of the
total amount of revenues estimated in the Budget transmitted
pursuant to subsection (a) and the total amount of revenues
received during such year, and, with respect to each major revenue
source, the amount of revenues estimated in the Budget trans-
mitted pursuant to subsection (a) and the amount of revenues
received during such year, and
"(3) an analysis and explanation of the difference between each
amount set forth pursuant to paragraphs (1) and (2) as the
amount of outlays or revenues estimated in the Budget submitted
under subsection (a) for such fiscal year and the corresponding
amount set forth as the amount of outlays made or revenues
received during such fiscal year.
"(g) The President shall transmit to the Congress, on or before Presidential
April 10 and July 15 of each year, a statement of all amendments to or statement, tuwe-
revisions in the budget authority requested, the estimated outlays, and mittal to Con-
the estimated receipts for the ensuing fiscal year set forth in the sre9.
Budget transmitted pursuant to subsection (a) (including any previ-
ous amendments or revisions proposed on behalf of the executive
branch) that he deems necessary and appropriate based on the most
current information available. Such statement shall contain the effect
of such amendments and revisions on the summary data submitted
undersubsection (a) and shall include such supporting detail as is
practicable. The statement transmitted on or before July 15 of any
year may be included in the supplemental summary required to be
transmitted under subsection (b) during such year. The Budget trans-
mitted to the Congress pursuant to subsection (a) for any fiscal year,
or the supporting detail transmitted in connection therewith, shall
include a statement of all such amendments and revisions with respect
to the fiscal year in progress made before the date of transmission of
such Budget.





43



88 STAT.324 Pub. Law 93-344 28 July 12, 1974
"(h) The Budget transmitted pursuant to subsection (a) for each
fiscal year shall include information with respect to estimates of appro-
priations for the next succeeding fiscal year for grants, contracts, or
other ayments under any program for which there is an authoriza-
tion of appropriations for such succeeding fiscal year and such appro-
priations are authorized to be included in an appropriation Act for
the fiscal year preceding the fiscal year in which the appropriation is
to be available for obligation.
"(i) The Budget transmitted pursuant to subsection (a) for each
fiscal year, beginning with the fiscal year ending September 30, 1979,
shall contain a presentation of budget authority, proposed budget
authority, outlays, proposed outlays, and descriptive information in
terms of-
"(1) a detailed structure of national needs which shall be used
to reference all agency missions and programs;
"(2) agency missions; and
"(3) basic programs.
To the extent practicable, each a ency shall furnish information in
support of its budget requests in a cordance with its assigned missions
in terms of Federal functions ad subfunctions, including mission
responsibilities of component o ganizations, and shall relate its
programs to agency missions."
MIDYEAR REVIEW
SEC. 602. Section 201 of the Budget and Accounting Act, 1921 (31
84 Stat. 1169. U.S.C. 11), is amended by striking out "on or before June 1 of each
year, beginning with 1972" and inserting in lieu thereof "on or before
July 15 of each year".
FIVE-YEAR BUDGET PROJECTIONS
SF. 603. Section 201 (a) of the Budget and Accounting Act, 1921
64 Stat. 832; (31 U.S.C. 11), is amended-
70 stat. 782. (1) by inserting after "ensuing fiscal year" in paragraph (5)
"and projections for the four fiscal years immediately following
the ensuing fiscal year";
(2) by striking out "such year" in paragraph (5) and inserting
in lieu thereof "such years"; and
(3) by inserting after "ensuing fiscal year in paragraph (6)
"and projections for the four fiscal years immediately following
the ensuing fiscal year".

ALLOWANCES FOR SUPPLEMENTAL BUDGET AUTHORITY AND
UNCONTROLLABLE OUTLAYS
SEc. 604. Section 201(a) of the Budget and Accounting Act, 1921
(31 U.S.C. 11), is further amended-
(1) by striking out "and" at the end of paragraph (11);
(2) by striking out the period at the end of paragraph (12)
and inserting in lieu thereof "; and"; and
(3) by adding at the end thereof the following new paragraph:
"(13) an allowance for additional estimated expenditures and
proposed appropriations for the ensuing fiscal year, and an allow-
ance for unanticipated uncontrollable expenditures for the
ensuing fiscal year.'






I *. t-i





44


July 12, 1974 29 Pub. Law 93-344
88 SPAT. 325
BUDGET DATA BASED ON CONTINUATION OF EXISTING LEVEL OF SERVICES
SEc. 605. (a) On or before November 10 of each year (beginning Estimated out.
with 1975), the President shall submit to the Senate and the House of lays and pro-
Representatives the estimated outlays and proposed bdget authority posed budget
which would be included in the Budget to be submitted rsuant to a rty sub
section 201 of the Budget and Accounting Act, 1921, for the ensuing to con-
fiscal year if all programs and activities were carried on during such
ensuing fiscal year at the same level as the fiscal year in progress and dt31 U .
without policy changes in such programs and activities. The estimated A ,p. 324
outlays and proposed budget authority submitted pursuant to this
section shall be shown by function and subfunctions (in accordance
with the classifications in the budget summary table entitled "Budget
Authority and Outlays by Function and Agency"), by major programs
within each such function, and by agency. Accompanying these esti-
mates shall be the economic and programmatic assumptions underlying
the estimated outlays and propose budget authority, such as the rate
of inflation, the rate of real economic growth, the unemployment rate,
program caseloads, and pay increases.
(b) The Joint Economic Committee soall review the estimated out- Evaluation,
lays and proposed budget authority so sbmitted, and shall submit to submittal to
the Committees on the Budget of both H-uses an economic evaluation Budget oomnit-
thereof on or before December 31 of each year. toes.

STUDY OF OFF-BUDGET AGENCIES
SEc. 606. The Committees on the Budget of the House of Represent- 31 usc 11b.
atives and the Senate shall study on a continuing basis those pro-
visions of law which exempt agencies of the Federal Government, or
any of their activities or outlays, from inclusion in the Budget of the
United States Government transmitted by the President under section
201 of the Budget and Accounting Act, 1921. Each committee shall, Periodio re-
from time to time, report to its House its recommendations for termi- ports to
nating or modifying such provisions. Congress.

YEAR-AHEAD REQUESTS FOR AUTHORIZATION OF NEW BUDGET AUTHORITY
SEC. 607. Notwithstanding any other provision of law, any request 31 USC le.
for the enactment of legislation authorizing the enactment of new
budget authority to continue a program or activity for a fiscal year
(beginning with the fiscal year commencing October 1, 1976) shall be
submitted to the Congress not later than May 15 of the year preceding
the year in which such fiscal year begins. In the case of a request for
the enactment of legislation authorizing the enactment of new budget
authority for a new program or activity which is to continue for more
than one fiscal year, such request shall be submitted for at least the first
2 fiscal years.

TITLE VII-PROGRAM REVIEW AND EVALUATION

REVIEW AND EVALUATION BY STANDING COMMITTEES
SEc. 701. Section 136(a) of the Legislative Reorganization Act of
1946 (2 U.S.C. 190d) is amended by adding at the end thereof the fol- 85 stat. 376.
lowing new sentences: "Such committees may carry out the required
analysis, appraisal, and evaluation themselves, or by contract, or may
require a Government agency to do so and furnish a report thereon to Report to
the Congress. Such committees may rely on such techniques as pilot Congress.
testing, analysis of costs in comparison with benefits, or provision for
evaluation after a defined period of time."





45


Pub. Law 93-344 30 July 12, 1974
88 STAT. 326
REVIEW AND EVALUATION BY THE COMPTROLLER GENERAL
SEc. 702. (a) Section 204 of the Legislative Reorganization Act of
84 Stat 1168. 1970 (31 U.S.C. 1154) is amended to read as follows:
RIEVIEW AND EVALUATION
"SEC. 204. (a) The Comptroller General shall review and evaluate
the results of Government programs and activities carried on under
existing law when ordered by either House of Congress, or upon his
own initiative, or when requested by any committee of the House of
Representatives or the Senate, or any joint committee of the two
Houses, having jurisdiction over such programs and activities.
"(b) The Comptroller General, upon request of any committee of
either House or any joint committee of the two Houses, shall-
"(1) assist such committee or joint committee in developing a
statement of legislative objectives and goals and methods for
assessing and reporting actual program performance in relation to
such legislative objectives and goals. Such statenentc s shall include,
but are not limited to, recommendations as to methods of assess-
ment, information to be reported, responsibility for reporting,
frequency of reports, and feasibility of pilot testing; and
"(2) assist such committee or joint committee in analyzing and
assessing program reviews or evaluation studies prepared by and
for any Federal agency.
copies. Upon request of any Member of either House, the Comptroller Gen-
eral shall furnish to such Member a copy of any statement or other
material compiled in carrying out paragraphs (1) and (2) which has
been released by the committee or joint committee for which it was
compiled.
"(c) The Comptroller General shall develop and recommend to the
Congress methods for review and evaluation of Government programs
and activities carried on under existing law.
offioe of Pro- "(d) In carrying out his responsibilities under this section, the
gram Review and Comptroller General is authorized to establish an Office of Program
Evaluations Review and Evaluation within the General Accounting Office. The
establishment. Comptroller General is authorized to employ not to exceed ten experts
on a permanent, temporary, or intermittent basis and to obtain serv-
8o stat. 416| ices as authorized by section 3109 of title 5, United States Code, but in
83 Stat. 863. either case at a rate (or the daily equivalent) for individuals not to
exceed that prescribed, from time to time, for level V of the Executive
Schedule under section 5316 of title 5, United States Code.
"(e) The Comptroller General shall include in his annual report to
the Congress a review of his activities under this section, including his
recommendations of methods for review and evaluation of Govern-
ment programs and activities under subsection (c)."
(b) Item 204 in t table of contents of such Act is amended to read
as follows:
"See. 204. Review and evaluation."
CONTINUING STUDY OF ADDITIONAL BUDGET REFORM PROPOSALS

a31 USC 1303 Sc. 703. (a) The Committees on the Budget of the House of Rep-
resentatives a.d the Senat shal study on a continuing basis proposals
designed to improve and facilitate methods of congressional budget-
making. The proposals to be studied shall include, but are not limited
to, proposals for-










75-568 76 6





46


July 12, 1974 31 Pub. Law 93-344 8 AT. 27

(1) improving the information base required for determining
the effectiveness of new programs by\such means as pilot test-
ing, survey research, and other exp rimental and analytical
techniques;
(2) improving analytical and systematic evaluation of the
effectivness of existing programs;
(3) establishing maximum and minimum time limitations for
program authorization; and
(4) developing techniques of human resource accounting and
other means of providing noneconomic as well as economic
evaluation measures.
(b) The Committee on the Budget of each House shall, from time Periodic reports
to time, report to its House the results of the study carried on by it to Congress.
under subsection (a), together with its recommeiidations.
(c) Nothing in this section shall preclude studies to improve the
budgetary process by any other committee of the House of Repre-
sentatives or the Senate or any joint committee of the Congress.

TITLE VIII-FISCAL AND BUDGETARY INFORMATION
AND CONTROLS

AMENDMENT TO LEGISLATIVE REORGANIZATION ACT OF 1970
SEC. 801. (a) So much of title II of the Legislative Reorganization
Act of 1970 (31 U.S.C. chapter 22) as precedes section 204 thereof 84 Stat. 1167.
is amended to read as follows: 31 USC 1151.

"TITLE II-FISCAL AND BUDGETARY INFORMATION
AND CONTROLS

"PART 1-FISCAL, BUDGETARY, AND PROGRAM-RELATED DATA AND
INFORMATION

"FEDERAL FISCAL, BUDGETARY, AND PROGRAM-RELATED DATA AND
INFORMATION SYSTEMS
"SEC. 201. The Secretary of the Treasury and the Director of the
Office of Management and Budget, in cooperation with the Comptroller
General of the United States, shall develop, establish, and maintain,
for use by all Federal agencies, standardized data processing and
information systems for fiscal, budgetary, and program-related data
and information. The development, establishment, and maintenance
of such systems shall be carried out so as to meet the needs of the
various branches of the Federal Government and, insofar as practica-
ble, of governments at the State and local level.

"STANDARDIZATION OF TERMINOLOGY, DEFINITIONS, CLASSIFICATIONS, AND
CODES FOR FISCAL, BUDGETARY, AND PROGRAM-RELATED DATA AND INFOR-
MATION
"SEc. 202. (a) (1) The Comptroller General of the United States, in
cooperation with the Secretary of the Treasury, the Director of the
Office of Management and Budget, and the Director of the Con-
gressional Budget Office, shall develop, establish, maintain, and pub-
lish standard terminology, definitions, classifications, and codes for
Federal fiscal, budgetary, and program-related data and information.
The authority contained in this section shall include, but not be limited
to, data and information pertaining to Federal fiscal policy, revenues,





47


88 STAT. 328 Pub. Law 93-344 32 July 12, 1974
receipts, expenditures, functions, programs, projects, and activities.
Such standard termg, definitions, classifications, and codes shall be
used by all Federal agencies in supplying to the Congress fiscal,
budetary, and program-related data and information.
Report to Conw "(2) The Comptroller General shall submit to the Congress, on or
gress. before June 30, 1975, a report containing the initial standard terminol-
ogy, definitions, classifications, and codes referred to in paragraph (1),
and shall recommend any legislation necessary to implement them.
Addtioall r. After June 30, 1975, the Comptroller General shall submit to the Con-
ports to Con- gress additional reports as he may think advisable, including any
grossi legisla- recommendations for any legislation he may deem necessary to further
tion reoomen- the development, establishment, and maintenance, modification, and
daions, executive implementation of such standard terminology, definitions,
classifications, and codes.
"(b) In carrying out this responsibility, the Comptroller General
of the United States shall give particular consideration to the needs of
the Committees on the Budget of the House and Senate, the Commit-
tees on Appropiations of the House and Senate, the Committee on
Ways and Means of the House, the Committee on Finance of the
Senate, and the Congressional Budget Office.
"(c) The Comptroller General of the United States shall conduct a
continuing program to identify and specify the needs of the commit-
tees and Members of the Congress for fiscal, budgetary, and program-
related information to support the objectives of this part.
"(d) The Comptroller General shall assist committees in developing
their information needs, including such needs expressed in legislative
requirements, and shall monitor the various recurring reporting
requirements of the Congress and committees and make recommenda-
tions to the Congress and committees for changes and improvements
in their reporting requirements to meet congressional information
needs ascertained by the Comptroller General, to enhance their use-
fulness to the congressional users and to eliminate duplicative or
unneeded reporting.
Report to Con. "(e) On or before September 1, 1974, and each year thereafter, the
gress. Comptroller General shall report to the Congress on needs identified
and specified under subsection (c); the relationship of these needs to
the existing reporting requirements; the extent to which the executive
branch reporting presently meets the identified needs; the specification
of changes to standard classifications needed to meet congressional
needs; the activities, progress and results f his activities under sub-
section (d); and the progress that the executive branch has made
during the past year.
Report to Con. "(f) On or before March 1, 1975, and each year thereafter, the
gress. Director of the Office of Management and Budget and the Secretary
of the Treasury shall report to the Congress on their plans for address-
ing the needs identified and specified under subsection (c), including
plans for implementing changes to classifications and codes to meet
the information needs of the Congress as well as the status of prior
year system and classification implementations.
SAVAiLABILITY TO AND USE BY THE CONGRESS AND STATE AND LOCAL GOV-
ERNMENTS OF FEDERAL FISCAL, BUDGETARY, AND PROGRAM-RELATED DATA
AND INFORMATION
"Sc. 203. (a) Upon request of any committee of either House, of
any joint co ittee of the two Houses, of the Comptroller General,
or of the Director of the Congressional Budget Office, the Secretary of
the Treasury, the Director o the Office of Management and Budget,
and the heads of the various executive encies shall-





48


July 12, 1974 33 Pub. Law 93-344
88 STAT. 329
."(1) furnish to such committee or joint committee, the Comp-
troller General, or the Director of the Congressional Budget Office
information as to the location and nature of available fiscal,
budgetary, and program-related data and information;
S*(2) to the extent practicable, prepare summary tables of such
data and information and any related information deemed neces-
sary by such committee or joint committee, the Comptroller Gen-
eral, or the Director of the Congressional Budget Office; and
"(3) furnish to such committee or joint committee, the Comp-
troller General, or the Director of the Congressional Budget Office
any program evaluations conducted or commissioned by any
executive agency.
"(b) The Comptroller General, in cooperation with the Director
of the Congressional Budget Office, the Secretary of the Treasury, and
the Director of the Office of Management and Budget, shall-
"(1) develop, establish, and maintain an up-to-date inventory
and directory of sources and information systems containing fis-
cal. budgetary, and program-related data and information and a
brief description of their content;
(2) provide, upon request, assistance to committees, joint com-
mittees. and Members of Congress in securing Federal fiscal,
budgetary, and program-related data and information from the
sources identified in such inventory and directory; and
"(3) furnish, upon request, assistance to committees and joint
committees of Congress and, to the extent practicable, to Members
of Congress in appraising and analyzing fiscal, budgetary, and
program-related data and information secured from the sources
identified in such inventory and directory.
"(c) The Comptroller General and the Director of the Congres- Central data
sional Budget Office shall, to the extent they deem necessary, develop, tiles, develop-
establish, and maintain a central file or files of the data and infor- ment.
mation required to carry out the purposes of this title. Such a file or
files shall be established to meet recurring requirements of the Con-
gress for fiscal, budgetary, and program-related data and information
and shall include, but not be limited to, data and information pertain-
ing to budget requests, congressional authorizations to obligate and
spend, apportionment and reserve actions, and obligations and expend-
itures. Such file or files and their indexes shall be maintained in such a
manner as to facilitate their use by the committees of both Houses,
joint committees, and other congressional agencies through modern
data processing and communications techniques.
"(d) The Director of the Office of Management and Budget, in Information to
cooperation with the Director of the Congressional Budget Office, state and looal
the Comptroller General, and appropriate representatives of State govemerrlts.
and local governments, shall provide, to the extent practicable, State
and local governments such fiscal, budgetary, and program-related
data and information as may be necessary for the accurate and timely
determination by these governments of the impact of Federal
assistance upon their budgets."
(b) The table of contents of the Legislative Reorganization Act
of 1970 is amended by striking out--
"'TITLE II-FISCAL CONTROLS
"PART 1-B-UDETARY AmD FISCAL INFORMATION AND DATA
"Sec. 201. Budgetary and fiscal data processing system.
"See. 202. Budget standard classifications.
"See. 203. Availability to Congress of budgetary, fisal, and related data."
and inserting in lieu thereof-





49


Pub. Law 93-344 34 July 12, 1974
STITLE II-FISOAL AND BUDGETARY INFORMATION AND CONTROLS
"PART 1-FISCAL, BUDGETAKT, AND PwOGBAM-RELATzD DATA AND INFORMATION
"See. 201. Federal fiscal, budgetary, and program-related data and information
systems.
"See. 202. Standardization of terminology, definitions, classications, and codes
for fiscal, budgetary, and program-related data and information.
"See. 208. Availability to and use by the Congress and State and local govern-
ments of Federal fiscal, budgetary, and program-related data and
information."
CHANGES IN FUNCTIONAL CATEGORIES
31 USC 11d. SEC. 802. Any change in the functional categories set forth in the
Budget of the United States Government transmitted pursuant to
An, p. 324. section 201 of the Budget and Accounting Act, 1921, shall be made
onl in consultation with the Committees on Appropriations and the
Budget of the House of Representatives and Senate.

TITLE IX-MISCELLANEOUS PROVISIONS; EFFECTIVE
DATES
AMENDMENTS TO RULES OF THE HOUSE
SEc. 901. (a) Rule XI of the Rules of the House of Representatives
t, p. 299. (as amended y section 101(c) of this Act) is amended by inserting
immediately after clause 22 the following new clause:
"22A. The respective areas of legislative jurisdiction under this rule
are modified by title I of the Congressional Budget Act of 1974."
(b) Paragraph (c) of clause 29 of Rule XI of the Rules of the
House of Representatives (as redesignated by section 101(c) of this
Act) is amended by insting "the Committee on the Budget," immedi-
ately after "the Committee on Appropriations,".
(c) Subparagraph (5) of paragraph (a) of clause 30 of Rule XI
of the Rules of the House of Representatives (as so redesignated) is
amended by inserting "and the Committee on the Budget immedi-
ately before the period at the end thereof.
(d) Subparagraph (4) of paragraph (b) of clause 30 of Rule XI
of the Rules of the House of Representatives (as so redesignated) is
amended by inserting "and the Committee on the Budget" immedi-
ately before the period at the end hereof.
(e) Paragraph (d) of clause 30 of Rule XI of the Rules of the
House of Representatives (as so redesignated) is amended by striking
out "the Committee on Appropriations may appoint" and inserting in
lieu thereof "the Committee on Appropriations and the Committee on
the Budget may each appoint".
(f) Cause 32 of Rule XI of the Rules of the House of Representa-
tives (as so redesignated) is amended by inserting "the Committee on
the Budget," immediately after "the Committee on Appropriations,".
(g) Paragraph (a) of clause 33 of Rule XI of the Rules of the
House of Representatives (as so redesignated) is amended by insert-
in "and the Committee on the Budget" immediately after "the Com-
mittee on Appropriations".

CONFORMING AMENDMENTS TO STANDING RULES OF THE SENATE
SEc. 902. Paragraph 1 of rule XXV of the Standing Rules of the
Senate is amended-
(1) by striking out "Revenue" in subparagraph (h)1 and
inserting in lieu thereof "Except as provided in the Congressional
Budget Act of 1974, revenue";
:* _'.-
III" B*" ~





50


July 12, 1974 35,- Pub. Law 93-344 SA.
(2) by striking out "The" in subparagraph (h)2 and inserting
in lieu thereof "Except as provided in the Congressional Budget
Act of 1974, the"; and
(3) by striking out "Budget" in subparagraph (j) (1) (A) and
inserting in lieu thereof "Except as provided in the Congressional
Budget Act of 1974, budget".
AMENDMENTS TO LEGISLATIVE REORGANIZATION ACT OF 1946
SEC. 903. (a) Section 134(c) of the Legislative Reorganization Act
of 1946 (2 U.S.C. 190b(b)) is amended by inserting "or the Committee 84 stat. 1155,
on the Budget" after "Appropriations". 1440.
(b) Section 136(c) of such Act (2 U.S.C. 190d(c)) is amended by 85 stat, 376.
striking out "Committee on Appropriations of the Senate and the
Committees on Appropriations," and inserting in lieu thereof "Com-
mittees on Appropriations and the Budget of the Senate and the
Committees on Appropriations, the Budget,".
EXERCISE OF RULEMAKING POWERS
SEC. 904. (a) The provisions of this title (except section 905) and of 31 usC 1301
titles I, III, and IV and the provisions of sections 606, 701, 703, and note.
1017 are enacted by the Congress-
(1) as an exercise of the rulemaking power of the House of
Representatives and the Senate, respectively, and as such they
shall be considered as part of the rules of each House, respectively,
or of that House to which they specifically apply, and such rules
shall supersede other rules only to the extent that they are incon-
sistent therewith; and
(2) with full recognition of the constitutional right of either
House to change such rules (so far as relating to such House) at
any time, in the same manner, and to the same extent as in the
case of any other rule of such House.
(b) Any provision of title III or IV may be waived or suspended waiver.
in the Senate by a majority vote of the Members voting, a quorum Ant pp. 306,
being present, or by the unanimous consent of the Senate. 3
(c) Appeals in the Senate from the decisions of the Chair relating Appeals.
to any provision of title III or IV or section 1017 shall, except as other-
wise provided therein, be limited to 1 hour, to be equally divided
between, and controlled by, the mover and the manager of the resolu-
tion, concurrent resolution, reconciliation bill, or rescission bill, as the
case may be.
EFFECTIVE DATES
SEC. 905. (a) Except as provided in this section, the provisions of 31 usC 1301
this Act shall take effect on the date of its enactment: note.
(b) Title II (except section 201 (a)), section 403, and section 502(c)
shall take effect on the day on which the first Director of the Congres-
sional Budget Office is appointed under section 201(a).
(e) Except as provided in section 906, title III and section 402 shall
apply with respect to the fiscal year beginning on October 1, 1976, and
succeeding fiscal years, and section 401 shall take effect on the first day
of the second regular session of the Ninety-fourth Congress.
(d) The amendments to the Budget and Accounting Act, 1921, made 42 stat. 20.
by sections 601, 603, and 604 shall apply with respect to the fiscal year 31 use 1.
beginning on July 1, 1975, and succeeding fiscal years, except that sec-
tion 201(g) of such Act (as added by section 601) shall apply with
respect to the fiscal year beginning on October 1, 1976, and succeeding
fiscal years and section 201(i) of such Act (as added by section 601)






51



SSTAT. 332 Pub. Law 93344 36- July 12, 1974
shall apply with respect to the fiscal year beginning on October 1, 1978,
and succeeding fiscal years. The amendment to such Act made by sec-
tion 02 shall apply with respect to the fiscal year beginning on Octo-
ber 1, 1976, and succeeding fiscal years.

APPLICATION OF CONGRESSIONAL BUDGET PROCESS TO FISCAL YEAR 197 6
31 usc 1322 SEC. 906. If the Committees on the Budget of the House of Repre-
note. sentatives and the Senate both agree that it is feasible to report and
act on a concurrent resolution on the budget referred to in section 301
Antep p. 306. (a), or to apply any provision of title III or section 401 or 402, for the
fiscal year beginning on July 1, 1975, and submit reports of such agree-
ment to their respective Houses, then to the extent and in the manner
Ante, p. 304. specified in such reports, the provisions so specified and section 202(f)
shall apply with respect to such fiscal year. If any provision so specified
contains a date, such reports shall also specify a substitute date.

Impomdment TITLE X-IMPOUNDMENT CONTROL
Control Act of
1974. PART A-GENERAL PROVISIONS
31 USC 1401
note. DISCLAIMER
SEc. 1001. Nothing contained in this Act, or in any amendments made
by this Act, shall be construed as-
(1) asserting or conceding the constitutional powers or limita-
tions of either the Congress or the President;
(2) ratifying or approving any impoundment heretofore or
hereafter executed or approved by the President or any other
Federal officer or employee, except insofar as pursuant to statu-
tory authorization then in effect;
(3) affecting in any way the claims or defenses of any party to
litigation concerning any impoundment; or
(4) superseding any provision of law which requires the obliga-
tion of budget authority or the making of outlays thereunder.

AMENDMENT TO ANTIDEFICIENCY ACT
Contingenoy or SEC. 1002. Section 3679(c) (2) of the Revised Statutes, as amended
savings re- (31 U.S.C. 665), is amended to read as follows:
serves, estab- "(2) In apportioning any appropriation, reserves may be estab-
lishnent. lished solely to provide for contingencies, or to effect savings whenever
savins are made possible by or through changes in requirements or
greater efficiency of operations. Whenever it is determined by an officer
designated in subsection (d) of this section to make apportionments
and reapportionments that any amount so reserved will not be required
to carry out the full objectives and scope of the appropriation con-
cerned, he shall recommend the rescission of such amount in the man-
42 Stat, 20. ner provided in the Budget and Accounting Act, 1921, for estimates
31 USC 1, of appropriations. Except as specifically provided by particular appro-
priations Acts or other laws, no reserves shall be established other than
as authorized by this subsection. Reserves established pursuant to this
subsection shall be reported to the Congress in accordance with the
impoundment Control Act of 1974."

REPEAL OF EXISTING IMPOUNDMENT REPORTING PROVISION
SEc. 1003. Section 203 of the Budget and Accounting Procedures Act
87 stat. 7. of 195 isrepealed.
31 USC 58le-1.










p





52


July 12, 1974 37 Pub. Law 93-344
S88 STAT. 333
PART B-CONGRESSIONAL CONSIDERATION OF PROPOSED RESCISSIONS,
RESERVATIONS, AND DEFERRAL OF BUDGET AUTHORITY
DEFINITIONS
SEC. 1011. For purposes of this part- 31 use 1401.
(1) "deferral of budget authority" includes-
(A) withholding or delaying the obligation or expenditure
of budget authority (whether by establishing reserves or
otherwise) provided for projects or activities; or
(B) any other type of Executive action or inaction which
effectively precludes the obligation or expenditure of budget
authority, including authority to obligate by contract in
advance of appropriations as specifically authorized by law;
(2) "Comptroller General" means the Comptroller General of
the United States,
(3) "rescission bill" means a bill or joint resolution which only
rescinds, in whole or in part, budget authority proposed to be
rescinded in a special message transmitted by the President under
section 1012, and upon which the Congress completes action before
the end of the first period of 45 calendar days of continuous
session of the Congress after the date on which the President's
message is received by the Congress;
(4) "impoundment resolution" means a resolution of the House
of Representatives or the Senate which only expresses its disap-
proval of a proposed deferral of budget authority set forth in a
special message transmitted by the President under section 1013;
and
(5) continuity of a session of the Congress shall be considered congressional
as broken only by an adjournment of the Congress sine die, and session oonti-
the days on which either House is not in session because of an nuity.
adjournment of more than 3 days to a day certain shall be excluded
in the computation of the 45-day period referred to in para-
graph (3) of this section and in section 1012, and the 25-day
periods referred to in sections 1016 and 1017 (b) (1). If a special
message is transmitted under section 1012 during any Congress
and the last session of such Congress adjourns sine die before
the expiration of 45 calendar days of continuous session (or a
special message is so transmitted after the last session of the
Congress adjourns sine die), the message shall be deemed to have
been retransmitted on the first day of the succeeding Congress
and the 45-day period referred to in paragraph (3) of this section
and in section 1012 (with respect to such message) shall com-
mence on the day after such first day.
RESCISSION OF BUDGET AUTHORITY
SEC. 1012. (a) TRANSMITTAL OF SPECIAL MESsAGE.-Whenever the 31 usc 1402.
President determines that all or part of any budget authority will not
be required to carry out the full objectives or scope of programs for
which it is provided or that such budget authority should be rescinded
for fiscal policy or other reasons (including the termination of author-
ized projects or activities for which budget authority has been pro-
vided), or whenever all or part of budget authority provided for only
one fiscal year is to be reserved from obligation for such fiscal year,
the President shall transmit to both Houses of Congress a special mes-
sage specifying-






53


8 S Pub. Law 93-344 38 July 12, 1974
88 ST .
(1) the amount of budget authority which he proposes to be
rescinded or wch is to be so reserved;
(2) any acunt, department, or establishment of the Govern-
ment to wich such budget authority is available for obligation,
and the specific project or governmental functions involved;
(3) the reasons why the budget authority should be rescinded
or is to be so reserved;
(4) to the maximum extent practicable, the estimated fiscal,
economic, and budgetary effect of the proposed rescission or of the
reservation; and
(5)) all facts, circumstances, and considerations relating to or
bearing upon the proposed rescission or the reservation and the
decision to effect the proposed rescission or the reservation, and to
the maximum extent practicable, the estimated effect of the pro-
posed rescission or the reservation upon the objects, purposes, and
programs for which the budget authority is provided.
(b) REQUIREMENT TO MAKE AVAILABLE FOR OBLIGATION.-Any
amount of budget authority proposed to be rescinded or that is to be
reserved as set forth in such special message shall be made available for
obligation unless, within the prescribed 45-day period, the Congress
has completed action on a rescission bill rescinding all or part of the
amount proposed to be rescinded or that is to be reserved.
DISAPPROVAL OF PROPOSED DEFERRALS OF BUDGET AUTHORITY
31 usC 1403. SEC. 1013. (a) TRANSMITTAL OF SPECIAL MEsSAGE.-Whenever the
President, the Director of the Office of Management and Budget, the
head of any department or agency of the United States, or any officer
or employee of the United States proposes to defer any budget author-
ity provided for a specific purpose or project, the President shall
transmit to the House of Representatives and the Senate a special mes-
sage specifying-
(1) the amount of the budget authority proposed to be
deferred;
(2) any account, department, or establishment of the Govern-
ment to which such budget authority is available for obligation,
and the specific projects or governmental functions involved;
(3) the period of time during which the budget authority is
proposed to be deferred;
(4) the reasons for the proposed deferral, including any legal
authority invoked by him to justify the proposed deferral;
(5) to the maximum extent practicable, the estimated fiscal,
economic, and budgetary effect of the proposed deferral; and
(6) all facts, circumstances, and considerations relating to or
bearing upon the proposed deferral and the decision to effect the
proposed deferral, icluding an analysis of such facts, circum-
stances, and considerations in terms of their application to any
legal authority and specific elements of legal authority invoked
by him to justify such proposed deferral, and to the maximum
extent practicable, the estimated effect of the proposed deferral
upon the objects, purposes, and programs for which the budget
authority is provided.
A special message may include one or more proposed deferrals of
Time limita- budget authority. A eferral may not be proposed for any period of
tion. time extending on the end of the fiscal year i which the special
message proposing the deferal is tra transmitted to the House and the
Senate.





I '. ... ., .. ,.. .





54


July 12, 1974 39 Pub. Law 93-344 88 STT.

(b) REQUIREMENT TO MAKE AVAILABLE FOR OBLIGATION.-Any
amount of budget authority proposed to be deferred, as set forth in a
special message transmitted under subsection (a), shall be made avail-
able for obligation if either House of Congress passes an impound-
ment resolution disapproving such proposed deferral.
(c) ExcEPION.-The provisions of this section do not apply to any
budget authority proposed to be rescinded or that is to be reserved as
set forth in a special message required to be transmitted under section
1012.
TRANSMISSON OF MESSAGES; PUBLICATION
SEc. 1014. (a) DELIVERY TO HOUSE AND SENATE.-Each special mes- 31 USC 1404.
sage transmitted under section 1012 or 1013 shall be transmitted to the
House of Representatives and the Senate on the same day, and shall
be delivered to the Clerk of the House of Representatives if the House
is not in session, and to the Secretary of the Senate if the Senate is
not in session. Each special message so transmitted shall be referred to
the appropriate committee of the House of Representatives and the
Senate. Each such message shall be printed as a document of each Printing as
House. House or Sen-
'(b) DELIVERY TO COMPTROLLER GENERAL.-A copy of each special ate document.
message transmitted under section 1012 or 1013 shall be transmitted to Copy.
the Comptroller General on the same day it is transmitted to the House
of Representatives and the Senate. In order to assist the Congress in
the exercise of its functions under sections 1012 and 1013, the Comp- Review.
troller General shall review each such message and inform the House
of Representatives and the Senate as promptly as practicable with
respect to-
(1) in the case of a special message transmitted under section
1012, the facts surrounding the proposed rescission or the reserva-
tion of budget authority (including the probable effects thereof) ;
and
(2) in the case of a special message transmitted under section
1013, (A) the facts surrounding each proposed deferral of budget
authority (including the probable effects thereof) and (B)
whether or not (or to what extent), in his judgment, such pro-
posed deferral is in accordance with existing statutory authority.
(c) TRANSMISSION OF SUPPLEMENTARY MESSAGES.-If any informa-
tion contained in a special messrge transmitted under section 1012 or
1013 is subsequently revised, the' President shall transmit to both
Houses of Congress and the Comptroller General a supplementary
message stating and explaining such revision. Any such supplemen-
tary message shall be delivered, referred, and printed as provided in
subsection (a). The Comptroller General shall promptly notify the Notification
House of Representatives and the Senate of any changes in the infor- of Congress.
mation submitted by him under subsection (b) which may be necessi-
tated by such revision.
(d) PRINTING IN FEDERAL REGISTER.-Any special message trans-
mitted under section 1012 or 1013, and any supplementary message
transmitted under subsection (c), shall be printed in the first issue
of the Federal Register published after such transmittal.
(e) CUMULATIVE REPORTS OF PROPOSED RESCISSIONS, RESERVATIONS,
AND DEFERRALS. OF BUDGET AUTHORITY.--
(1) The President shall submit a report to the House of Repre-
sentatives and the Senate, not later than the 10th day of each
month during a fiscal year, listing all budget authority for that
fiscal year with respect to which, as of the first day of such
month-






55


Ss 3 Pub. Law 93-344 40 July 12, 1974
(A) he has trnsmitted a special message under section
1012 with respect to proposed rescission or a reservation;
and
(B) he has transmitted a special message under section
1013 proposing a deferral.
Such report shall also contain, with respect to each such pro-
posed rescission or deferral, or each such reservation, the infor-
mation required to be submitted in the special message with
respect thereto under section 1012 or 1013.
Publioation in (2) Each report submitted under paragraph (1) shall be
Federal Register. printed in the first issue of the Federal Register published after
its submission.
REPORTS BY COMPTROLLER GENERAL
31 USC 1405. SEC. 1015. (a) FAILURE To TRANSMIT SPECIAL MESSAGE.-If the
Comptroller General finds that the President, the Director of the Office
of Management and Budget, the head of any department or agency of
the United States, or any other officer or employee of the United
States-
(1) is to establish a reserve or proposes to defer budget author-
ity with respect to which the President is required to transmit a
special message under section 1012 or 1013; or
(2) has ordered, permitted, or approved the establishment of
such a reserve or a deferral of budget authority;
and that the President has failed to transmit a special message with
Report to Con- respect to such reserve or deferral, the Comptroller General shall
gress make a report on such reserve or deferral and any available informa-
tion concerning it to both Houses of Congress. The provisions of this
part shall apply with respect to such reserve or deferral in the same
manner and with the same effect as if such report of the Comptroller
General were a special message transmitted by the President under
section 1012 or 1013, , for purposes of this part, such report shall
be considered a special message transmitted under section 1012 or
1013.
S(b) INCORRECT CASSIFICATION OF SPECIAL MESSAGE.-If the Presi-
dent has transmitted a special message to both Houses of Congress
in accordance with section 1012 or 1013, and the Comptroller General
believes that the President so transmitted the special message in
accordance with one of those sections when the special message should
have been transmitted in accordance with the other of those sections,
Report to Con- the Comptroller General shall make a report to both Houses of the
gres. Congress setting forth his reasons.

SUITS BY COMPTROLLER GENERAL
31 USC 1406, SEC. 1016. If, under section 1012(b) or 1013(b), budget authority is
required to be made available for obligation and such budget authority
is not made available for obligation, the Comptroller General is hereby
expressly empowered, through attorneys of his own selection, to bring
a civil action in th United States District Court for the District of
Columbia to require such budget authority to be made available for
obligation, and such.court is hereby expressly empowered to enter in
such civil action, against any department, agency, officer, or employee
of the United States, an decree, judgment, or order which may be
necessary or appropriate to make such budget authority available for
Preoedence. obligation. The courts shall give precedence to civil actions brought
under this section, and to appeals and writs from decisions in such





56


July 12, 1974 41 Pub. Law 93-344
88 STAT. 337
actions, over all other civil actions, appeals, and writs. No civil action civil actions;
shall be brought by the Comptroller General under this section until 25-day waiting
the expiration of 25 calendar days of continuous session of the Con- period.
grss following the date on which an explanatory statement by the statement,
Comptroller General of the circumstances givin rise to the action filing.
contemplated has been filed with the Speaker of the House of Repre-
sentatives and the President of the Senate.
PROCEDURE IN HOUSE AND SENATE
SEC. 1017. (a) REFERRAL-Any rescission bill introduced with 31 usc 1407.
respect to a special message or impoundment resolution introduced
with respect to a proposed deferral of budget authority shall be
referred to the approprlate committee of the House of Representatives
or the Senate, as the case may be.
(b) DISCHARGE OF COMXMITTE.-
(1) If the committee to which a rescission bill or impoundment
resolution has been referred has not reported it at the end of 25
calendar days of continuous session of the Congress after its intro-
duction, it is in order to move either to discharge the committee
from further consideration of the bill or resolutidn or to discharge
the committee from further consideration of any other rescission
bill with respect to the same special message or impoundment
resolution with respect to the same proposed deferral, as the case
may be, which has been referred to the committee.
(2) A motion to discharge may be made only by an individual
favoring the bill or resolution, may be made only if supported by
one-fifth of the Members of the House involved (a quorum being
present), and is highly privileged in the House and privileged in
the Senate (except that it may not be made after the committee
has reported a bill or resolution with respect to the same special
message or the same proposed deferral, as the case may be); and
debate thereon shall be limited to not more than 1 hour, the time
to be divided in the House equally between those favoring and
those opposing the bill or resolution, and to be divided in the
Senate equally between, and controlled by, the majority leader
and the minority leader or their designees. An amendment to the
motion is not in order, and it is not in order to move to reconsider
the vote by which the motion is agreed to or disagreed to.
(c) FLOOR CONSIDERATION IN THE HOUSE.-
(1) When the committee of the House of Representatives has
reported, or has been discharged from further consideration of, a
rescission bill or impoundment resolution, it shall at any time
thereafter be in order (even though a previous motion to the same
effect has been disagreed to) to move to proceed to the considera-
tion of the bill or resolution. The motion shall be highly privileged
and not debatable. An amendment to the motion shall not be in
order, nor shall it be in order to move to reconsider the vote by
which the motion is agreed to or disagreed to.
(2) Debate on a rescission bill or impoundment resolution shall Debate, time
be limited to not more than 2 hours, which shall be divided limitation.
equally between those favoring and those opposing the bill or
resolution. A motion further to limit debate shall not be debatable.
In the case of an impoundment resolution, no amendment to, or
motion to recommit, the resolution shall be in order. It shall not
be in order to move to reconsider the vote by which a recission bill
or impoundment resolution is agreed to or disagreed to.





57


8 S 3 Pub. Law 93-344 42 July 12, 1974
Postponement (3) Motions to postpone, made with respect to the considera-
motions. tion of a rescission bill of impoundment resolution, and motions
to proceed to the consideration of other business, shall be decided
without debate.
Appeals. (4) All appeals from he decisions of the Chair relating to
the application of the Rues of the House of Representatives to
the procedure relating to any rescission bill or impoundment res-
olution shall be decided without debate.
(5) Except to the extent specifically provided in the precedin
provisions of this subsection, consideration of any rescission bill
or impoundment resolution and amendments thereto (or any
conference report thereon) shall be governed by the Rules of the
House of Representatives applicable to other bills and resolutions,
amendments, and conference reports in similar circumstances.
(d) FLOR CONSIDERATION IN THE SENATE.-
Debate, time (1) Debate in the Senate on any rescission bill or impoundment
limitation, resolution, and all amendments thereto (in the case of a rescission
bill) and debatable motions and appeals in connection therewith,
shall be limited to not more than 10 hours. The time shall be
equally divided between, and controlled by, the majority leader
and the minority leader or their designees.
(2) Debate in the Senate onn any amendment to a rescission bill
shall be limited to 2 hours, to be equally divided between, and con-
trolled by, the mover and the manager of the bill. Debate on any
amendment to an amendment, to such a bill, and debate on any
debatable motion or appeal in connection with such a bill or an
impoundment resolution shall be limited to 1 hour, to be equally
divided between, and controlled by, the mover and the manager of
the bill or resolution, except that in the event the manager of the
bill or resolution is in favor of any such amendment, motion, or
appeal, the time in opposition thereto, shall be controlled by the
minority leader or his designee. No amendment that is not germane
to the provisions of a rescission bill shall be received. Such leaders,
or either of them, may, from the time under their control on the
passage of a rescission bill or impoundment resolution, allot addi-
tional time to any Senator during the consideration of any amend-
ment, debatable motion, or appeal.
(3) A motion to further limit debate is not debatable. In the
case of a rescission bil, a motion to recommit (except a motion to
recommit with instructions to report back within a specified num-
ber of days, not to exceed 3, not counting any day on which the
Senate is not in session) is not in order. Debate on any such motion
to recommit shall be limited to one hour, to be equally divided
between, and controlled by, the mover and the manager of the
concurrent resolution. In the case of an impoundment resolution,
no amendment or motion to recommit is in order.
Conferenoe re- (4) The conference report on any rescission bill shall be in
ports. order in the Senate at any time after the third day (excluding Sat-
urdays, Sundays, and legal holidays) following the day on which
such a conference report is reported and is available to Members
of the Senate. A motion to proceed to the consideration of the con-
rence report may be made even though a previous motion to the
same effect has been disagreed to.






hU





58


July 12, 1974 43 Pub. Law 93-344
88 STAT. 339
(5) During the consideration in the Senate of the conference Debte, time
report on any rescission bill, debate shall be limited to 2 hours, to limitation.
be equally divided between, and controlled by, the majority leader
and minority leader or their designees. Debate on any debatable
motion or appeal related to the conference report shall be limited
to 30 minutes, to be equally divided between, and controlled by,
the mover and the manager of the conference report.
(6) Should the conference report be defeated, debate on any
request for a new conference and the appointment of conferees
shall be limited to one hour, to be equally divided between, and
controlled by, the manager of the conference report and the minor-
ity leader or his designee, and should any motion be made to
instruct the conferees before the conferees are named, debate on
such motion shall be limited to 30 minutes, to be equally divided
between, and controlled by, the mover and the manager of the
conference report. Debate on any amendment to any such instruc-
tions shall be limited to 20 minutes, to be equally divided between,
and controlled by, the mover and the manager of the conference
report. In all cases when the manager of the conference report is
in favor of any motion, appeal, or amendment, the time in opposi-
tion shall be under the control of the minority leader or his
designee.
(7) In any case in which there are amendments in disagree-
ment, time on each amendment shall be limited to 30 minutes, to be
equally divided between, and controlled by, the manager of the
conference report and the minority leader or his designee. No
amendment that is not germane to the provisions of such amend-
ments shall be received.
Approved July 12, 1974.









LEGISLATIVE HISTORY:
HOUSE REPORTS: No. 93-658 (Comm. on Rules) and No. 93-1101 (Conm.
of Conference).
SENATE REPORTS: No, 93-579 aooomparring S, 1541 (Comn. on
Government Operations) and No. 93-688 acoom-
parring S, 1541 (Conm. on Rules and Administram
tion) and No. 93-924 (Comm. of Conference).
CONGRESS IONAL RECORD:
Vol. 119 (1973): Doe, 4, 5, considered and passed House.
Vol. 120 (1974): Mar. 13, 19-21, S. 1541 oonsidered in
Senate.
Mar, 22, considered and passed Senate,
amended, in lieu of S. 1541.
June 18, House agreed to conference
report.
June 21, Senate agreed to conference
report,
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS:
Vol. 10, No. 28 (1974)s July 12, Presidential statement.




59



Iv I
lecou
IlccOUtwvx C



BUDGETARY

DEFINITIONS



GLOSSARY OF TERMS FOR USE BY FEDERAL AGENCIES
IN PROVIDING FISCAL,-BUDGETARY, AND PROGRAM-
RELATED DATA AND INFORMATION TO THE CONGRESS

BY THE COMPTROLLER GENERAL
OF THE UNITED STATES

NOVEMBER 1975


OPA-76-8
wl





60

FOREWORD

The Legislative Reorganization Act of 1970, as amended
by Title VIII of the Congressional Budget and Impoundment
Control Act of 1974, provides in section 202(a)(1), that:

"The Comptroller General of the United
States, in cooperation with the Secretary of the
Treasury, the Director of the Office of Manage-
ment and Budget, and the Director of the Congres-
sional Budget Office, shall develop, establish, main-
tain, and publish standard terminology, definitions,
classifications, and codes for Federal fiscal, bud-
getary, and program-related data and information.
The authority contained in this section shall
include, but not be limited to, data and informa-
tion pertaining to Federal fiscal policy, revenues,
receipts, expenditures, functions, programs, proj-
ects, and activities. Such standard terms, defini-
tions, classifications, and codes shall be used by all
Federal agencies in supplying to the Congress
fiscal, budgetary, and program-related data and
information."

In accordance with this requirement we have prepared a
glossary which includes the initial standard terms and definitions
that are to be used by all Federal agencies in supplying necessary
information to the Congress. The terms and definitions have been
developed in cooperation with the Department of the Treasury,
Office of Management and Budget, and the Congressional Budget
Office. Suggestions and assistance were also obtained from various
Congressional committees as well as a wide variety of individuals
knowledgeable in the field.

This glossary is a compilation of those terms identified
that are of significance and importance in the budget process.
Additional terms are being reviewed and definitions being estab-
lished to be included in a subsequent publication of the glossary.
We expect to make periodic revisions in order to include




61

additional terms and revisions in definitions to reflect changes in
usage or clrification of mening. Accordingly, we welcome any
suggestions or recommendations for additional terms or revisions
to definitions by users of this publication.





Comptroller General
of the United States
|| fteUntdSae
js***s.' "




62

BUDGETARY DEFINITIONS


ACTIVITY

Any project, task, or process required to carry out a
program. A combination of several activities such as
research and development, training of personnel, and
distribution )of information may be elements in a particular
program. Activities constituting a program vary with the
nature and purpose of the program.

ADI)VANCE APPROPRIATION

An appropriation provided by the Congress for use in a
fiscal year or more beyond the fiscal year for which the
appropriation act is passed, e.g., the 1976 appropriation
for use in fiscal year 1976 for the Washington Metro-
politan Area Transit Authority contained in the Depart-
ment of Transportation and Related Agencies Appropria-
tion Act, 1975, which was passed on August 28, 1974.
Advance appropriations allow state and local governments
and others sufficient time to develop plans with assurance
of future Federal funding. An advance appropriation is
sometimes mistakenly referred to as "forward funding"
which permits an agency to obligate funds in the current
year for programs that are to operate in subsequent fiscal
years.

AGENCY

Any department, office, commission, authority, adminis-
tration, board, (Governmcnt-owned corporation, or other
independent establishment of any branch of the Govern-
ment of the United States.

A(;ENCY DEBT

See "FEDE)RAL IDEBT"

AG ENCY DEBT A UTH IRITY

See "B()ORROWIN( AUT11ORITY"





63

AGENCY MISSIONS

Those responsibilities for meeting national needs assigned
to a specific agency. Agency missions are expressed in
terms of the purpose to be served by the programs
authorized to carry out functions or subfunctions which,
by law, are the responsibility of that agency and its
component organizations. (See section 201 of the Budget
and Accounting Act, 1921, as amended.)

APPROPRIATION

An act of Congress that permits Federal agencies to incur
obligations and to make payments out of the Treasury for
specified purposes. An appropriation usually follows enact-
ment of authorizing legislation. An appropriation act is the
most common form of budget authority, but in some cases
Sute auhorizing legislation provides the budget authority.
There are several types of appropriations that are not
counted as budget authority, for example:

Appropriation to liquidate contract authority -
Congressional action to provide monies to pay
obligations incurred against contract authority.

Appropriation to reduce outstanding debt Con-
gressional action to provide monies for debt
retirement.

Appropriation for refund of receipts.

Appropriations are categorized in a variety of ways, such
as by their period of availability (one-year, multiple-year,
no-year), the timing of Congressional action (current,
permanent), and the manner of determining the amount of
the appropriation (definite, indefinite).

PERIOD OF AVAILABILITY

One-Year (Annual) Appropriation An appropriation
which is available for obligation only during a specified
fiscal year and expires at the end of that year. This is
the most common form of budget authority, e.g.,
Salaries and Expenses for the Federal Bureau of
Investigation.




64

Multiple-Year Appropriation An appropriation which is
available for a specified period of time in excess of one
fiscal year, e.g., Aircraft Procurement, Army in the
Department of Defense.

No-Year Apropriation An appropriation which remains
available or oblgation for an indefinite period of time,
usually until the objectives have been attained, e.g.,
Construction, General appropriation for the Army
Corps of Engineers.

TIMING OF CONGRESSIONAL ACTION

Current Appropriation

See definition for "CURRENT AUTHORITY" under
"BUDGET AUTHORITY".

Permanent Appropriation

See definition for "PERMANENT AUTHORITY" under
"BUDGET AUTHORITY".

DETERMINATION OF AMOUNT

Definite Appropriation An appropriation that is stated
as a specific sum, or not to exceed a specific sum, in the
legislation making it available.

Indefinite Appropriation An appropriation of an un-
specified sum of money, the specific amount of which is
to be determined by subsequent circumstances, such as
all or part of the receipts from certain sources, e.g.,
social security taxes.

(NOTE: These designations are equally applicable to other
forms of budget authority and can be combined
in various ways such as "current, multiple-year,
definite appropriation" or "permanent, indefinite
appropriation".)

AUTHORITY TO SPEND DEBT RECEIPTS

See "BORROWING AUTHORITY"







AUTHORIZATION (AUTHORIZING LEGISLATION)

Basic substantive legislation enacted by Congress which
sets up or continues the legal operation of a Federal
program or agency either indefinitely or for a specific
period of time or sanctions a particular type of obligation
r expenditure within a program. Such legislation is
normally a prerequisite for subsequent appropriations, or
other kinds of budget authority to be contained in
appropriation acts. It may limit the amount of budget
authority to be provided subsequently or may authorize
the appropriation of "such sumas may be necessary"; in a
few instances budget authority may be provided in the
authorization (see "BACKDOOR AUTHORITY").

BACKDOOR AUTHORITY

A term generally used to denote legislation enacted outside
the normal appropriation process that permits the obliga-
tion of funds. The most common forms of backdoor
authority are borrowing authority (authority to spend
debt receipts) and contract authority. In other cases, (e.g.,
interest on the public debt) a permanent appropriation is
provided that becomes available without any current
action by the Congress. Entitlement authority may some-
times take the form of backdoor authority, since the
enactment of the basic benefit legislation may, in effect,
mandate the subsequent enactment of the appropriations
to pay the statutory benefits. Section 401 of the Congres-
sional Budget and Impoundment Control Act of 1974
specifies certain limits on the use of backdoor authority.
Examples of accounts that have backdoor authority are
the Federal-aid highways trust fund, the Environmental
Protection Agency's construction grants, and the Social
Security trust funds.

BORROWING AUTHORITY

Statutory authority (substantive or appropriation) that
permits a Federal agency to incur obligations and to make
payments for specified purposes out of borrowed moneys.
Section 401 of the Congressional Budget and Impound-
ment Control Act of 1974 limits new borrowing authority




66

(except for certain instances) to the extent or amount
provided in appropriation acts. Borrowing authority, also
called "Authority to Spend Debt Receipts", may be either
of two types:

PUBLIC DEBT AUTHORITY The authority to
obligate and spend amounts borrowed from the
Treasury that in turn are derived from the sale of
public debt securities.

AGENCY DEBT AUTHORITY The authority to
obligate and spend amounts derived from the sale
of agency debt securities, assumption of mortgages,
loans, etc.

BUDGET AMENDMENT

A proposal, submitted to the Congress by the President
after his formal budget transmittal but prior to completion
of appropriation action by the Congress, that revises
previous requests, such as the amount of budget authority.

BUDGET AUTHORITY

Authority provided by law to enter into obligations which
generally result in immediate or future outlays of Govern-
ment funds. The authority to insure or guarantee the
repayment of indebtedness incurred by another person or
government is usually not considered to be budget
authority. The basic forms of budget authority are:
appropriations, contract authority, and borrowing au-
thority. Budget authority may be classified by the period
of availability (one-year, multiple-year, no-year), by the
timing of Congressional action (current or permanent), or
by the manner of determing the amount available (definite
or indefinite).

PERIOD OF AVAILABILITY

One-year (Annual) Authority Budget authority that is
available for obligation only during a specified fiscal
year and expires at the end of that time.





67

Multiple-year Authority Budget authority that is avail-
able for a specified period of time in excess of one fiscal
year.

No-year Authority Budget authority that remains
availablefor obligation for an indefinite period of time,
usually until the objectives have been obtained.

TIMING OF CONGRESSIONAL ACTION

Current Authority Budget authority enacted by Con-
gress in or immediately preceding the fiscal year in
which it becomes available.

Permanent Authority Budget authority that becomes
available as the result of previously enacted legislation
(substantive legislation or prior appropriations act), and
does not require current action by the Congress.
Authority created by such legislation is considered to be
"current" in the first year in which i is provided and
Spermanent" in succeeding years. It is possible to
distinguish between "fully permanent" (such as interest
on the public debt) and "conditionally permanent"
where authority expires after a set period of time (such
as general revenue sharing).

DETERMINATION OF AMOUNT

Definite Authority Authority which is stated as a
specific sum at the time the authority is granted. This
includes authority stated as "not to exceed" a specified
amount.

Indefinite Authority Authority for which the amount is
not stated, but is to be determined by subsequent
circumstances such as an appropriation of all or part of
the receipts from a certain source.

BUDGET DEFICIT

The amount by which the Government's budget outlays
exceed its budget receipts for any given period. Deficits are
financed primarily by borrowing from the public.


U




68

BUDGET OUTLAYS

See "OUTLAYS"

BUDGET RECEIPTS

Monies received by the Federal Government from the
public that arise from:

The exercise of governmental or sovereign power
(consisting primarily of tax revenues, but also
including receipts from premiums on compulsory
social insurance programs, court fines, certain
license fees, and the like).

Premiums from voluntary participants in Federal
social insurance programs (such as deposits by
states for unemployment insurance and for social
security for their employees) that are closely
related to compulsory social insurance programs.

Gifts and contributions

Excluded from budget receipts are "OFFSETTING
RECEIPTS" (see separate definition), which are counted
as deductions from budget authority and outlays rather
than as budget receipts.

BUDGET SURPLUS

The amount by which the Government's budget receipts
exceed its budget outlays for any given period.

BUDGET UPDATE

A statement summarizing amendments to or revisions in
budget authority requested, estimated outlays, and esti-
mated receipts for a fiscal year that has not been
completed. The President may submit updates at any time
but is required by the Congressional Budget and Impound-
ment Control Act of 1974 to transmit such statements to
the Congress by April 10 and July 15 of each year,
beginning in 1976.




69

BUDGET YEAR

The fiscal year for which the budget is being considered;
the fiscal year following the current year. (See also
"CURRENT YEAR" and "PAST YEAR")

BUDGETARY RESERVES

Portions of budget authority set aside under authority of
the Antideficiency Act (31 U.S.C. 665), as amended by
the Congressional Budget and Impoundment Control Act
of 1974, for contingencies or to effect savings whenever
savings are made possible by or through changes in
requirements or greater efficiency of operations. Section
1002 of the Congressional Budget and Impoundment
Control Act of 1974 restricts the establishment of bud-
getary reserves and requires that all reserves be reported to
the Congress. (See "DEFFERRAL OF BUDGET AU-
THORITY".)

CONCURRENT RESOLUTION ON THE BUDGET

A resolution passed by both Houses of Congress, but not
requiring the signature of the President, setting forth,
reaffirming, or revising the Congressional Budget for the
United States Government for a fiscal year. There are two
such resolutions required preceding each fiscal year. The
first required concurrent resolution, due by May 15,
establishes the Congressional Budget. The second required
concurrent resolution, due by September 15, reaffirms or
revises it. Other concurrent resolutions may be adopted at
any time following the first required concurrent resolu-
tion.

CONGRESSIONAL BUDGET

The budget as set forth by Congress in a concurrent
resolution on the budget. These resolutions shall include:

(1) The appropriate level of total budget outlays and
f totaln new budget authority;
(2) An estimate of budget outlays and new budget
authority for each major functional category; for




70

contingencies, and for undistributed intragovern-
mental transactions based on allocations of the
appropriate level of total budget outlays and of
total new budget authority;

(3) The amount, if any, of the surplus or deficit -in
the budget;

(4) The recommended level of Federal revenues; and

(5) The appropriate level of the public debt.

CONTINUING RESOLUTION

Legislation enacted by the Congress to provide budget
authority for specific ongoing activities in cases where the
regular fiscal year appropriation for such activities has not
been enacted by the beginning of the fiscal year. The
continuing resolution usually specifies a maximum rate at
which the agency may incur obligations, based on the rate
of the prior year, the President's Budget request, or an
appropriation bill passed by either or both Houses of the
Congress.

CONTRACT AUTHORITY

A form of budget authority under which contracts or
other obligations may be entered into prior to an
appropriation. Contract authority does not provide funds
to pay the obligations and thus requires a subsequent
appropriation or the realization of revenues to liquidate
the obligations. To avoid double counting, appropriations
to liquidate contract authority are not considered as
budget authority. The Congressional Budget and Impound-
ment Control Act of 1974 limits new contract authority
(except in certain instances) to the extent or amount
provided by appropriation acts.

CONTROLLABILITY

The ability of the Congress or the President under
existing law to control outlays during a given fiscal year.
"Relatively uncontrollable" usually refers to spending





71

that cannot be increased or decreased without changes in
existing substantive law. Such spending is usually the
result of open-ended programs and fixed costs, such as
social security and veterans' benefits, but also includes
payments due under obligations incurred during prior
years.

COST-BASED BUDGETING

Budgeting in terms of costs to be incurred, i.e., the
resources to be consumed in carrying out a program
regardless of when the funds to acquire the resources
were obligated. Cost-based budgeting, in addition to
reflecting the obligational requirements for the program,
presents the costs of what is planned to be accomplished.
Obligation-ased budgeting is expressed in terms of
obligations to be incurred regardless of when the re-
sources acquired are to be consumed. In those instances
where activity levels are presented on a cost basis in the
Appendix to the President's Budget, an adjustment-must
be made to relate them to obligations and budget
authority.
I, ty.

CURRENT SERVICES BUDGET

A budget that projects estimated budget authority and
outlays for the upcoming fiscal year at the same program
level and without policy changes as the fiscal year in
progress. To the extent mandated by existing law,
estimates take into account the budget impact of
anticipated changes in economic conditions (such as
unemployment or inflation), beneficiary levels, pay in-
creases, and benefit changes. Te Congressional Budget
and Impoundment Control Act of 1974 requires that the
President submit a current services budget to the Con-
gress b November 10 of each year.

CURRENT YEAR

The fiscal year in progress. (See also "BUDGET YEAR"
| ,1 '




72

DEBT HELD BY THE PUBLIC

See "FEDERAL DEBT"

DEBT SUBJECT TO STATUTORY LIMITATION

See "FEDERAL DEBT"

DEFERRAL OF BUDGET AUTHORITY

Any action or inaction by any officer or employee of the
United States which temporarily withholds, delays, or
effectively precludes the obligation or expenditure of
budget authority, including the establishment of reserves
under the Antideficiency Act (see "BUDGETARY RE-
SERVES"). Under section 1013 of the Congressional
Budget and Impoundment Control Act of 1974, the
President is required to report each proposed deferral to
the Congress in a special message. Deferrals may not
extend beyond the end of the current fiscal year and may
be overturned by the passage of an impoundment
resolution by either House of Congress. (See also "IM-
POUNDMENT" and "RESCISSION".)

DISBURSEMENTS

In budgetary usage, gross disbursements represent the
amount of checks issued, cash, or other payments made
less refunds received. Net disbursements represent gross
disbursements less income collected and credited to the
appropriation or fund account, such as amounts received
for goods and services provided. (See also "OUTLAYS").

ENTITLEMENT AUTHORITY

Legislation that requires the payment of benefits to any
person or government meeting the requirements estab-
lished by such law, e.g., social security benefits and
veterans' pensions. Section 401 of the Congressional
Budget and Impoundment Control Act of 1974 places
certain restrictions on the enactment of new entitlement
authority.




73

EXPENDITURES

A term generally used interchangeably with outlays. (See
"OUTLAYS") At one time, the term was used to
describe one form of outlays, the other being "net
lending". This usag is now obsolete. The term has a
somewhat different usage for budget execution and
accounting purposes (see OMB Circular A-34).

FEDERAL DEBT

Federal debt consists of public debt and agency debt.

Public Debt That portion of the Federal debt
representing borrowing by the Treasury Depart-
ment and the Federal Financing Bank (except its
borrowings from the Treasury).

Aency Debt That portion of the Federal debt
arising when a Federal agency authorized by law,
other than Treasury or the Federal Financing
Bank (FFB), borrows funds directly from the
public. To avoid double-counting, when a Federal
agency borrows funds from Treasury or the FFB,
the transaction is not included in Federal debt;
the Treasury or FFB borrowing required to
obtain the money to lend to the agency is already
part of the public debt. Agency debt may be
incurred by agencies within the Federal budget
(such as the Tennessee Valley Authority) or by
off-budget Federal agencies (such as the Postal
Service). Debt of Government-sponsored, pri-
vately owned enterprises (such as the Federal
National Mortgage Association) is not included in
the Federal debt.

There ae three basic concepts or tabulations of Federal
debt: gross Federal debt, debt held by the public, and
debt subject to statutory limit.

Gross Federal Debt The sum of all public and
agency debt issues outstanding.
~ ~E;8;** .
s *"S* *. "flPS''" "a1*! **" "** .. Sa. A~~~s ~ s^JQ^ ~J .




74

Debt Held by the Public That part of the Gross
Federal debt held by the public. (The Federal
Reserve System is included in "the public" for
this purpose.) Debt held by Government trust
funds (e.g., Social Security Trust Fund), revolving
funds, and off budget Federal agencies is ex--
cluded from debt held by the public.

Debt Subject to Statutory Limit Defined by the
Second Liberty Bond Act of 1917, as amended.
At present virtually all public debt but only a
small portion of agency debt is included in debt
subject to statutory limit.

FEDERAL FISCAL POLICY

Federal Government policies with respect to taxes,
spending, and debt management intended to promote the
nation's economic goals particularly with respect to
employment, gross national product, price stability, and
equilibrium in balance of payments. The budget process
is a major vehicle for determining and implementing
Federal fiscal policy.

FEDERAL FUNDS

Funds collected, owned, and used by the Federal
Government for the general purposes of the Government.
There are four types of Federal fund accounts: General
funds, special funds, public enterprise (revolving) funds,
and intragovernmental funds. Each of these is discussed
in a separate entry. (See also "TRUST FUNDS").

FEDERAL INTRAFUND TRANSACTIONS

See "OFFSETTING RECEIPTS".

FISCAL YEAR

Any yearly accounting period without regard to a
calendar year. The fiscal year for the Federal Government
through fiscal year 1976, begins on July 1 and ends on





75

June 30. Beginning with fiscal year 1977, fiscal years for
the Federal Government will begin on October 1 and end
on September 30. The fiscal year is designated by the
calendar year in which it ends, e.g., fiscal year 1977 is the
fiscal year endig September 30, 1977.

FOREIGN CURRENCY ACCOUNT

An account established in the Treasury for foreign
currency that is acquired without payment of United
States dollars primarily in payment for commodities
(such as through the Agricultural Trade Development
Assistance Act, P.L. 480). These currencies may be
expended without charge to dollar appropriations. They
may be available for obligation without further Congres-
sional action or Congress may appropriate these foreign
currencies. (See also "SPECIAL FOREIGN CURRENCY
PROGRAM APPROPRIATION").

FORWARD FUNDING

The practice of obligating funds in one fiscal year for
programs that are to operate in a subsequent year.

FULL-EMPLOYMENT BUDGET

The estimated receipts, outlays, and surplus or deficit
that would occur if the economy were continually
operating at a rate defined as being at full capacity
(traditionally defined s a certain percentage unemploy-
ment rate for the civilian labor force).

FUNCTION (FUNCTIONAL CLASSIFICATION)

The Congressional udget and Impoundment Control Act
of 1974 reqires the Congress to estimate outlays, budget
authority, and tax expenditures for each function. The
functional classification is a means of presenting budget
authority, outlay, and tax expenditure data in terms of
the principal purposes which Federal programs are
intended to serv. Each account is generally placed in the
sinle function (e, national health) that best





76

represents its major purpose, regardless of the agency
administering the program. Functions ar generally sub-
divided into narrower categories called subfunctions.

GENERAL FUND

The fund credited with all receipts not earmarked by law
for a specific purpose and from general borrowing. It is
used for the general purposes of the Government through
various general fund accounts.

GROSS FEDERAL DEBT

See "FEDERAL DEBT"

GUARANTEED LOANS

Loans for which the Federal Government guarantees in
whole or in part the repayment of principal and/or
interest.

IMPOUNDMENT

Any action or inaction by an officer or employee of the
United States that precludes the obligation or expendi-
ture of budget authority provided by the Congress. (See
"DEFERRAL OF BUDGET AUTHORITY" and RE-
SCISSION").

IMPOUNDMENT RESOLUTION

A resolution of the House of Representatives or the
Senate disapproving a deferral of budget authority set
forth in a special message ordinarily transmitted by the
President. Passage of an impoundment resolution by
either House of Congress has the effect of overturning the
deferral and requires that such budget authority be made
available for obligation.

INTRABUDGETARY TRANSACTIONS

See "OFFSETTING RECEIPTS"





77
T s

INTRAFUND TRANSACTIONS

See "OFFSETTING RECEIPTS"

INTRAGOVERNMENTAL FUNDS

Federal funds that facilitate financing of transactions
within and between Federal agencies. There are two types
of intragovermental funds:

Intragovernmental Revolving Funds are funds, cred-
ited with collections from other agencies and
accounts, that are authorized by law to carry out
a cycle of intragovernmental business-type opera-
tions.

Management Funds (Including working funds) are
funds authorized by law in which moneys from
two or more appropriations are merged in order
to carry out a common purpose or project, but
not involving a cycle of operations.

INTRAGOVERNMENTAL TRANSACTIONS

See "OFFSETTING RECEIPTS"



Unobligated budget authority that by law has ceased to
be available for ligation because of the expiration of
the period for which it was available.



See "AGENCY MISSION"

NATIONAL NEDS

a ' U "
Those Federal functions which describe the end purposes
being served by budget authority, outlays, and tax
expenditures without regard to the means that may be

"Function".


75-568 0 76 2





78

NEW OBLIGATIONAL AUTHORITY

This term is now obsolete and has been replaced by the
term "Budget Authority". (At one time the term was
used to distinguish one of two types of budget authority,
the other being "Loan Authority" which is also ob-
solete.)

OBJECT CLASSIFICATION

A uniform classification identifying the transactions of
the Federal Government by the nature of the goods or
services purchased (such as personnel compensation,
supplies and materials, equipment) without regard to the
agency involved or the purpose of the programs for which
they are used.

OBLIGATIONS

Amounts of orders placed, contracts awarded, services
rendered, or other commitments made by Federal agen-
cies during a given period which will require outlays
during the same or some future period. (General instruc-
tions to Federal agencies are contained in OMB Circular
A-34.)

OFF-BUDGET FEDERAL AGENCIES

Agencies, federally owned in whole or in part, whose
transactions have been excluded from the budget totals
under provisions of law, e.g., the Federal Financing Bank.
The fiscal activities of these agencies are not included in
either budget authority or outlay totals, but are pre-
sented in the Budget Appendix as "Annexed Budgets".

OFFSETTING RECEIPTS

All collections and deposits into receipt accounts which
are offset against budget authority and outlays rather
than reflected as budget receipts in computing budget
totals. Under current budgetary usage, cash collections
not deposited into receipt accounts (such as revolving
fund receipts, refunds, and reimbursements) are deducted





79

from outlays at the account level. These items are not
considered "offsetting receipts" and are not included in
compilations of offsetting receipts.

SOffsetting receipts are generally deducted at the budget
function or subfunction level; any offsetting receipts
deducted at the function or subfunction level are also
deducted from agency budget authority and outlays. In
three cases-(1) employer share, employee retirement;
(2) intragovernmental interest received by trust funds;
and (3) rents and royalties from the Outer Continental
Shelf lands-the deductions, referred to as UNDIS-
TRIBUTED OFFSETTING RECEIPTS, are made from
budget totals rather than being offset by function and
subfunction and by agency.

Offsetting receipts are subdivided into two major cate-
gories-proprietary receipts from the public and intra-
governmental transactions.

PROPRIETARY RECEIPTS FROM THE PUBLIC -
Those collections from the public deposited in
receipt accounts which arise from the conduct of
business-type activities.

INTRAGOVERNMENTAL TRANSACTIONS All
collections or deposits into receipt accounts in


Intragovernmental transactions may represent either RE-
CEIPTS FROM OFF-BUDGET FEDERAL AGENCIES
where a payment comes from a Federal agency whose
funds are excluded from the budget totals, or INTRA-
BUDGETARY TRANSACTIONS where both the paying
and the receiving accounts are within the budget.
Intrabudgetary transactions in turn are further subdivided
into three groups:

Interfund Transactions, where the payment is from
a Federal to a trust fund or vice versa.

Federal Intrafund Transactions, where both the
paying and receiving accounts are Federal funds.






80

Trust Intrafund Transactions, where both the paying
and receiving accounts are trust funds.

OPEN-ENDED PROGRAMS

Entitlement programs for which eligibility requirements
are determined by law, e.g., Medicaid. Actual obligations
and resultant outlays are limited only by the number of
eligible persons who apply for benefits and the actual
benefits received.

OUTLAYS

Checks issued, interest accrued on the public debt, or
other payments, net of refunds and reimbursements.
Total budget outlays consist of the sum of the outlays
from appropriations and funds included in the unified
budget, less offsetting receipts. Off-budget Federal agen-
cies are not included in the unified budget and, for
purposes of the budget, they are treated as private
entities.

PAST YEAR

The fiscal year immediately preceding the current year;
the last completed fiscal year. (See also "BUDGET
YEAR" and "CURRENT YEAR")

PRESIDENT'S BUDGET

The budget for a particular fiscal year transmitted to the
Congress by the President in accordance with the Budget
and Accounting Act of 1921, as amended. Some elements
of the budget, such as the estimates for the legislative
branch and the judiciary, are required to be included
without review by the Office of Management and Budget
or approval by the President.

PROGRAM

An organized set of activities directed toward a common
purpose, objective, or goal undertaken or proposed by an
agency in order to carry out responsibilities assigned to it.





81

PROPRIETARY RECEIPTS FROM THE PUBLIC

See "OFFSETTING RECEIPTS"

PUBLIC DEBT

See "FEDERAL DEBT"

PUBLIC DEBT AUTHORITY

See "BORROWING AUTHORITY"

PUBLIC ENTERPRISE (REVOLVING) FUNDS

Federally owned funds that are credited with receipts,
primarily from the public, generated by and earmarked to
finance a continuing cycle of business-type operations.

REAPPROPRIATION

Congressional action to restore or extend the obligational
availability, whether for the same or different purposes,
of all or part of the unobligated portion of budget
authority which otherwise would lapse.

RECEIPTS FROM OFF-BUDGET FEDERAL AGENCIES

See "OFFSETTING RECEIPTS"

REIMBURSEMENTS

Sums received by the Government for commodities sold
or services furnished that are authorized by law to be
credited directly to specific appropriation and fund
accounts. These amounts are deducted from the total
obligations incurred (and outlays) in determining net
obligations (and outlays) for such accounts.



A legislative action which cancels budget authority
usly provided by Congress prior to the time when
the authority would otherwise have lapsed.




82

RESCISSION BILL

A bill or joint resolution which provides for cancellation,
in whole or in part, of budget authority previously
granted by the Congress. Rescissions proposed by the
President must be transmitted in a special message to the
Congress. Under section 1012 of the Congressional
Budget and Impoundment Control Act of 1974, unless
Congress approves a rescission bill within forty-five days
of continuous session, the budget authority must be
made available for obligation.

REVOLVING FUND

A fund established to finance a cycle of operations
through amounts received by the fund. There are three
types of revolving funds: public enterprise, intragovern-
mental, and trust revolving funds.

SPECIAL FOREIGN CURRENCY PROGRAM
APPROPRIATION

An appropriation made available to incur obligations for
which payments must be made only in U.S. owned
foreign currencies that are declared in excess of the
normal requirements of the United States by the Secre-
tary of the Treasury. The appropriation is made in
general fund dollar amounts which are credited to the
account or fund generating the currency, or to miscel-
laneous receipts of the Treasury, as appropriate. The
appropriated dollars are thereby exchanged for excess
foreign currency (held in Treasury foreign currency fund
accounts) that is used to make the necessary payments.
(See also "FOREIGN CURRENCY ACCOUNT").

SPECIAL FUNDS

Federal funds credited with receipts that are earmarked
by law for a specific purpose, e.g., Land and Water
Conservation Fund of the Bureau of Outdoor Recreation,
Department of Interior. Generally, if the purpose of the
fund is to carry out a continuing cycle of business-typc





83

operations, it will be classified as a public enterprise fund
rather than a specia fund.

SUPPLEMENTAL APPROPRIATION

An appropriation enacted as an addition to a regular
annual appropriation act. Supplemental appropriations
provide additional budget authority beyond original
estimates for programs or activities (including new
programs authorized after the date of the original
appropriation act) for which the need for funds is too
urgent to be postponed until the next regular appropria-
tion.

TAX EXPENDITURES

Losses of tax revenue attributable to provisions of the
Federal tax laws which allow a special exclusion, exemp-
tion, or deduction from gross income or which provide a
special credit, preferential rate of tax, or a deferral of tax
liability.

TAX EXPENDITURES BUDGET

An enumeration of revenue losses resulting from "Tax
Expenditures" under existing law for each fiscal year.
Section 601 of the Congressional Budget and Impound-
ment Control Act of 1974 requires that estimated levels
of tax expenditures be presented in the President's
Budget.

TOTAL OBLIGATIONAL AUTHORITY

The sum of: All budget authority granted (or requested)
Sfrom the Congress in a given year, plus amounts
authorized to be credited to a specific fund, and the
balances of unused budget authority from previous years
which remain available for obligation. In practice, this
term is used primarily in discussing the Department of
Defense budget, but could be applied to other agencies'
budgets as well.




84

TRANSITION QUARTER

The 3-month period (July 1 to September 30, 1976)
between fiscal year 1976 and fiscal year 1977 resulting
from the change from a July 1 through June 30 fiscal
year to an October 1 through September 30 fiscal year
beginning with fiscal year 1977.

TRUST FUNDS

Funds collected and used by the Federal Government for
carrying out specific purposes and programs according to
terms of a trust agreement or statute, such as the social
security and unemployment trust funds. Trust funds are
administered by the Government in a fiduciary capacity
and are not available for the general purposes of the
Government. Trust fund receipts that are not anticipated
to be used in the immediate future are generally invested
in interest bearing Government securities and earn inter-
est for the trust fund. A special category of trust funds
called TRUST REVOLVING FUNDS is used to carry out
a cycle of business-type operations, e.g., Federal Deposit
Insurance Corporation. (See "REVOLVING FUND")

TRUST INTRAFUND TRANSACTIONS

See "OFFSETTING RECEIPTS"

TRUST REVOLVING FUNDS

See "TRUST FUNDS" and "REVOLVING FUND"

UNDISTRIBUTED OFFSETTING RECEIPTS

See "OFFSETTING RECEIPTS"





85


UNIFIED BUDGET

The present form of the budget of thc Federal Govern-
ment, in which receipts and outlays from Federal funds
and trust funds arc consolidated. When these fund groups
arc consolidated to display budget totals, transactions
which are outlays of one fund group to the other fund
group (interfund transactions) are deducted to avoid
double counting. The fiscal activities of off-budget
Federal agencies are not included in the unified budget.
(See "OFFSETTING RECEIPTS" and "OFF-BUDGET
AGENCIES")






















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