ATTACHMENT "B" Congressional Budget and Impoundment Control Act of 1974, As Amended (Including Amendments Made by the Balanced Budget and Emergency Deficit Control Act of 1985 (Public Law 99-177)) (27) PUBLIC LAW 93-344 93D CONGRESS, H.R. 7130 JULY 12, 1974 AN ACT 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 purposes Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SHORT TITLES; TABLE OF CONTENTS SECTION 1. (a) SHORT TITLES.-This Act may be cited as the "Congressional Budget and Impoundment Control Act of 1974." Titles I through IX may be cited as the "Congressional Budget Act of 1974" and title X may be cited as the "Impoundment Control Act of 1974". (b) TABLE OF CONTENTS. Sec. 1. Short titles; table of contents. Sec. 2. Declaration of purposes. Sec. 3. Definitions. TITLE I-ESTABLISHMENT OF HOUSE AND SENATE BUDGET COMMITTEES Sec. 101. Budget Committee of the House of Representatives. Sec. 102. Budget Committee of the Senate. Sec. 301. Annual adoption of concurrent resolution on the budget. Sec. 302. Committee allocations. Sec. 303. Concurrent resolution on the budget must be adopted before legislation providing new budget authority, new spending authority, new credit authority or changes in revenues or the public debt limit is considered. Sec. 304. Permissible revisions of concurrent resolutions on the budget. Sec. 305. Procedures relating to consideration of concurrent resolutions on the budget. Sec. 306. Legislation dealing with congressional budget must be handled by budget committees. Sec. 307. House committee action on all appropriation bills to be completed by June 10. Sec. 308. Reports, summaries, and projections of congressional budget actions. Sec. 310. Reconciliation. The table of contents with respect to title III was amended to read as reflected herein by P.L. 99-177, section 231. Sec. 311. New budget authority, new spending authority, and revenue legislation must be within appropriate levels. TITLE IV-ADDITIONAL PROVISIONS TO IMPROVE FISCAL PROCEDURES 2 Sec. 401. Bills providing new spending authority. Sec. 405. Study by the General Accounting Office of forms of Federal financial commitment that are not reviewed annually by Congress. Sec. 406. Off-budget agencies, programs, and activities. Sec. 407. Member user group. TITLE V-CHANGE OF FISCAL YEAR Sec. 501. Fiscal year to begin October 1. Sec. 502. Transition to new fiscal year. Sec. 503. Accounting procedures. Sec. 504. Conversion of authorizations of appropriations. Sec. 505. Repeals. Sec. 506. Technical amendments. TITLE VI-AMENDMENTS TO BUDGET AND ACCOUNTING ACT, 1921 Sec. 601. Matters to be included in President's budget. Sec. 602. Midyear review. Sec. 603. Five-year budget projections. Sec. 604. Allowance for supplemental budget authority and uncontrollable outlays. Sec. 605. Budget data based on continuation of existing level of services. Sec. 606. [Repealed.] 3 Sec. 607. Year-ahead requests for authorization of new budget authority. TITLE VII-PROGRAM REVIEW AND EVALUATION Sec. 701. Review and evaluation by standing committees. Sec. 702. Review and evaluation by the Comptroller General. Sec. 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. Sec. 902. Conforming amendments to standing rules of the Senate. Sec. 905. Effective dates. Sec. 906. Application of congressional budget process to fiscal year 1976. Sec. 1001. Disclaimer. TITLE X-IMPOUNDMENT CONTROL PART A-GENERAL PROVISIONS Sec. 1002. Amendment to Antideficiency Act. Sec. 1003. Repeal of existing impoundment reporting provision. PART B-CONGRESSIONAL CONSIDERATION OF PROPOSED RESCISSIONS, RESERVATIONS, AND DEFERRALS OF BUDGET AUTHORITY Sec. 1011. Definitions. Sec. 1012. Rescission of budget authority. Sec. 1013. Disapproval of proposed deferrals of budget authority. 2 The table of contents with respect to section 402 was amended to read as reflected herein by P.L. 99-177, section 232(a)(1). Reference to sections 405-407 was added by P.L. 99-177, section 232(a)(2). 3 Section 606 was repealed by P.L. 99-177, section 232(a)(3). |