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Code · BILL · 114th Congress · S. 399 (Introduced in Senate) — To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to increase transparency in Federal budgeting,... · Sec. 102

Sec. 102. Budgetary adjustment

192 words·~1 min read·/bill/114/s/399/is/section-102

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Section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b)(1) ) is amended by adding at the end the following: A change in discretionary spending solely as a result of the amendment to title V of the Congressional Budget Act of 1974 made by the . Budget and Accounting Transparency Act of 2015 shall be treated as a change of concept under this paragraph. Before adjusting the discretionary caps pursuant to the authority provided under the amendment made by subsection (a), the Office of Management and Budget shall submit to the Committee on the Budget of the Senate and the Committee on the Budget of the House of Representatives a report on the amount of the adjustment, the methodology used in determining the size of the adjustment, and a program-by-program itemization of the components of the adjustment.
The Office of Management and Budget may not make an adjustment pursuant to the authority provided under the amendment made by subsection
(a)before the date that is 60 days after the date on which the Office of Management and Budget submits the report required in subsection (b).
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Sec. 102
Budgetary adjustment
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