페이지 이미지
PDF
ePub

9

1 tion on a concurrent resolution setting forth the congressional

2 budget for the United States Government for the fiscal

3 year beginning on July 1 of that year.
4 (b) MATTERS REQUIRED TO BE SET FORTH IN CON-

5 CURRENT RESOLUTION.—The concurrent resolution referred

6

to in subsection (a) shall set forth, for the fiscal year

7 concerned

8

(1) the overall limitation on budget outlays and

9

the overall limitation on new budget authority,

(2) the overall level of Federal revenues, and the

10

[ocr errors]

11

overall level of the public debt of the United States, to

11

12

be associated with the overall limitation on budget out

13

16

14

lays for the fiscal year,

(3) the amount of the surplus or the amount of the deficit in the budget which is appropriate in the light of economic conditions and such other factors as may be

15

16

1

[blocks in formation]

(4) the amount of budget outlays, and the amount

1

19

of new budget authority, allocated to each committee of

[blocks in formation]

(5) with respect to budget outlays and with respect to new budget authority

(A) a general contingency reserve (for allocation only by a subsequent concurrent resolution

24

25

10

[blocks in formation]

on the budget) for possible new legislation (including enlargements of existing programs and activities); and

3

4

(B) an emergency reserve (in amounts which

5

do not exceed 2 percent of the amount of budget

6

7

outlays otherwise allocated to the Committees on Appropriations and 2 percent of the amount of new budget authority otherwise allocated to such commit

8

9

tees) which shall be available only for allocation by

10

the Committees on Appropriations to specific pro

11

grams and activities (or to subcommittees) to meet

12 emergencies and other unforeseen contingencies. 13 The amount allocated under paragraph (4) to any commit14 tee shall be further subdivided in the concurrent resolution

15 either (A) on the basis of programs and activities within

16 the jurisdiction of that committee, or (B) among the sub

17 committees of that committee.

18

(C) OTHER MATTERS WHICH MAY BE DEALT WITH

19 IN CONCURRENT RESOLUTION.—The concurrent resolution

20 referred to in subsection (a) may also

21

(1) direct that legislation be reported out raising or

22

23

lowering the aggregate level of Federal revenues, raising or lowering the limit on the public debt, or both;

(2) provide the extent (if any) to which section

24

11

1

145 (relating to requirement that budget authority legis-
lation contain limitations on outlays) shall apply for the

2

3

fiscal year;

4

(3) provide limitations with respect to amounts guaranteed or insured during the fiscal year by the

5

6

United States (or with respect to categories of such

7

amounts) on loans by other persons; and

(4) contain such other matters relating to the budget

8

9

as may be appropriate to carry out the purposes of this

10

Act.

11

(d) VIEWS AND RECOMMENDATIONS OF OTHER COM

12 MITTEES.-Before March 1 of each year, the Committees on

13 Appropriations and Ways and Means of the House of Repre

[ocr errors][merged small][ocr errors][merged small]

the Committee on the Budget of the House, the Committees
on Appropriations and Finance of the Senate shall submit

16

17 their views and recommendations to the Committee on the
18 Budget of the Senate, and the Joint Economic Committee

19 and the Joint Committee on Internal Revenue Taxation shall

20 submit their views and recommendations to the Committees

21

on the Budget of the House and Senate, with respect to all

22 matters set forth in subsection (b) which relate to matters

23 within the respective jurisdictions or functions of such com

24 mittees and joint committees.

12

1

(e) EFFECT OF FAILURE TO ADOPT CONCURRENT

2 RESOLUTION BY MAY 1.

3

4

(1) FIGURES IN PRESIDENT'S BUDGET TO BE USED.-If the Congress fails to complete action on the concurrent resolution on the budget referred to in sub

5

6

section (a) on or before May 1 of any year, then, until

7

8

9

such action is completed, the figures for the matters set forth in subsection (b) for the fiscal year shall be deemed to be the respective figures therefor (as determined by the Legislative Budget Director) set forth in the budget submitted for the fiscal year pursuant to section 201 of

10

11

.

12

the Budget and Accounting Act, 1921 (31 U.S.C. 11).

13

(2) USE OF BUDGET FIGURES FOR APPROPRIA

14

TION BILLS AND OTHER PURPOSES. -For any period for which paragraph (1) applies, in applying sections 122,

15

16

143, and 144, there shall be deemed to have been

17

adopted a concurrent resolution on the budget referred to in this section which contains the figures referred to

18

19

in paragraph (1).

20 SEC. 122. REVISION OF CONGRESSIONAL BUDGET.

21

Before the close of each session of Congress, the Congress

22 shall complete action on a concurrent resolution which reaf23 firms or revises the congressional budget for the United States 24 Government adopted pursuant to section 121 for the fiscal

25

year in which the close of such session falls.

22-871 0.73 - 2

13

1 SEC. 123. TIMETABLE FOR FIRST CONCURRENT RESOLU.

2

TION ON THE BUDGET FOR THE FISCAL YEAR.

3

(a) TIMETABLE.—The timetable with respect to the

4

concurrent resolution for any fiscal year referred to in section

5

121 shall be as follows:

On or before

March 1.-
March 15..
March 29.
April 12.
May 1.--

Action on concurrent resolution to be

completed-
House committe reports.
House acts.
Senate committee reports.
Senate acts.
Congress acts.

6

(b) EFFECT OF CERTAIN ADJOURNMENTS.—When

7

ever after

any

March 15 the Senate is not in session because

8 of any adjournment or recess of more than 3 days to a 9 day certain, then in applying subsection (a) there shall be

10 substituted for March 29 and April 12 that date which fol

11 lows March 29 or April 12 by the same number of days (not 12 exceeding 7 in the aggregate) as the number of days after

13 March 15 and before March 30, or after March 15 and be

14 fore April 13, as the case may be, on which the Senate was

15 not in session because of any such adjournment or recess.

16

(c) EXTENSION WHERE SPECIFIED DATE FALLS ON

17 SATURDAY, SUNDAY, OR HOLIDAY.—When any date speci18 fied in subsection (a) (as modified by subsecticn (b)) falls

on a Saturday, Sunday, or legal holiday in the District of 20 Columbia in any year, there shall be substituted for that date

19

« 이전계속 »