Sec. 203. Additional matters relating to concurrent resolution
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Section 301(b)(3) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(b)(3) ) is amended by striking for such fiscal year and inserting for either fiscal year in such biennium . Section 301(d) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(d) ) is amended— by striking Within 6 weeks after the President submits a budget under section 1105(a) of title 31, United States Code, and inserting the following: Not later than March 1 of each odd-numbered year (or, if applicable under section 300(b), May 1 of an odd-numbered year), ; and by adding at the end the following:
Each Committee of the House of Representatives and the Senate shall include the views and estimates of the committee required under paragraph
(1)a description of the plans of the committee to consider legislation relating to programs within the jurisdiction of the committee that appeared in the most recent report of the Congressional Budget Office on unauthorized appropriations submitted to Congress under section 202(e)(3). Each committee of the House of Representatives and the Senate shall— review programs and tax expenditures of which the committee has jurisdiction to identify waste, fraud, abuse, or duplication, and increase the use of performance data to inform committee work; and review the matters for congressional consideration identified in— the applicable semiannual reports of the Inspectors General for which the committee has jurisdiction; the list of unimplemented recommendations compiled by the Inspectors General for which the committee has jurisdiction; the High Risk list published by the Government Accountability Office; and the annual report to reduce program duplication published by the Government Accountability Office as required under section 21 of the Joint Resolution entitled Joint Resolution increasing the statutory limit on the public debt , approved February 12, 2010 ( 31 U.S.C. 712 note). Based on the oversight efforts and performance reviews of programs under subparagraph (A), each committee of the House of Representatives and the Senate shall include plans for improved governmental performance in the views and estimates of the committee required under paragraph
(1)to the Committee on the Budget of the House of Representatives or the Committee on Fiscal Control and the Budget of the Senate, respectively. The Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives shall each include in the views and estimates of the committee required under paragraph (1)— a report providing revenue projections for each fiscal year in the next biennium and the 4 ensuing bienniums, which shall include a description of how such revenue projections would be impacted by any extension of an expiring or terminating tax provision anticipated by the committee or other policy initiatives of the committee; a list of— any tax provisions that are scheduled to expire or terminate during the period described in subparagraph (A); and any provisions described in clause
(i)that the committee anticipates will be extended— to apply with respect to the next biennium; or to apply with respect to the period described in subparagraph (A); and an estimate of— the cost to extend the tax provisions listed in subparagraph (B)(i); and the cost to extend the tax provisions the committee anticipates will be extended, as listed under subparagraph (B)(ii). . Section 301(e) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(e) ) is amended— in paragraph (1)— by striking fiscal year and inserting biennium ; and by inserting after the second sentence the following: On or before April 1 of each odd-numbered year (or, if applicable under section 300(b), June 1 of an odd numbered year), the Committee on the Budget of the House of Representatives and the Committee on Fiscal Control and the Budget of the Senate shall report to its House the concurrent resolution on the budget referred to in subsection
(a)for the biennium beginning on October 1 of that year. ; and in paragraph (2)— by striking subparagraphs
(A)and (B); by redesignating subparagraphs
(C)through
(F)as subparagraphs
(A)through (D), respectively; and in subparagraph (C), as so redesignated, by striking for the President's budget and . Section 301(f) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(f) ) is amended by striking fiscal year each place it appears and inserting biennium . Section 301(g)(1) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(g)(1) ) is amended by striking for a fiscal year and inserting for a biennium .
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