Sec. 104. Biennial concurrent resolutions on the budget
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Section 301(a) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(a) ) is amended— by striking the matter preceding paragraph
(1)beginning with On or before April 15 and inserting the following: On or before May 1 of each odd-numbered calendar year, the Congress shall complete action on a concurrent resolution on the budget for the biennium beginning on October 1 of that calendar year. The concurrent resolution shall set forth appropriate levels for each fiscal year in the biennium and for at least each fiscal year in the next 2 bienniums for the following— ; in paragraph (6)— by striking for the fiscal year and inserting for each fiscal year in the biennium ; and by striking and at the end; in paragraph (7)— by striking for the fiscal year and inserting for each fiscal year in the biennium ; and by striking the period at the end and inserting ; and ; by adding after paragraph
(7)the following: subtotals of new budget authority and outlays for nondefense discretionary spending; defense discretionary spending; direct spending; and net interest. ; and by adding at the end of the matter following paragraph
(8)(as added by subparagraph (D)) the following: The concurrent resolution on the budget for a biennium shall include procedures for adjusting spending and revenue levels, committee allocations, and other amounts in the resolution during the second session of a Congress to reflect an updated baseline that will be used for scoring purposes. . Section 301(b) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(b) ) is amended— in paragraph (3), by striking for such fiscal year and inserting for either fiscal year in such biennium ; in paragraph (8), by striking and at the end; in paragraph (9), by striking the period at the end and inserting ; and ; and by adding at the end the following: include total combined outlays and revenues for tax expenditures. . Section 301(e)(1) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(e) ) is amended by striking fiscal year and inserting biennium . 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) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(g) ) is amended by striking for a fiscal year and inserting for a biennium . The section heading of section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ) is amended by striking and inserting Annual Adoption of . Adoption of Biennial
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Sec. 104
Biennial concurrent resolutions on the budget
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