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Code · BILL · 117th Congress · S. 1926 (Introduced in Senate) — To establish a Federal Capital Revolving Fund to assist Federal agencies in purchasing capital assets, and for other... · Sec. 8

Sec. 8. Budget enforcement

560 words·~3 min read·/bill/117/s/1926/is/section-8

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For purposes of budget enforcement under the Congressional Budget and Impoundment Control Act of 1974 ( 2 U.S.C. 621 et seq. ), the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq. ), and the Statutory Pay-As-You-Go Act of 2010 ( 2 U.S.C. 931 et seq. ) relating to this Act, the following shall apply: Any provision in an appropriations Act approving a purchase transfer from the Fund to a purchasing agency, and collection by the Fund of repayments from the purchasing agency— shall be classified as direct spending (as defined in section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900(c) )); and shall not be included in the estimates under section 251(a)(7) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(a)(7) ) or considered budgetary effects for the purposes of section 3(4) of the Statutory Pay-As-You-Go Act of 2010 ( 2 U.S.C. 932(4) ).
A provision providing appropriations to a purchasing agency for annual repayments to the Fund shall be— classified as discretionary appropriations; and scored in the fiscal year for which such appropriations are made available by an appropriations Act. In this paragraph, the term provision changing the Fund balance means a provision in an appropriations Act that— rescinds or precludes from obligation balances in the Fund; rescinds or precludes from obligation balances of approved purchase transfers; or reduces the annual limitation on total purchase transfers under section 5(f)(2).
A provision changing the Fund balance— shall be considered budgetary effects for purposes of the Statutory Pay-As-You-Go Act of 2010 ( 2 U.S.C. 931 et seq. ), and such budgetary effects shall be placed on the scorecards maintained pursuant to section 4(d) of that Act ( 2 U.S.C. 933(d) ) and the scorecards maintained for purposes of section 4106 of H. Con. Res. 71 (115th Congress); and shall not be included in the estimates under section 251(a)(7) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(a)(7) ).
In this paragraph, the term failure to appropriate a repayment means that— an appropriations Act for a fiscal year provides a first repayment amount for an eligible agency project; and for a subsequent fiscal year during the repayment period, no appropriations Act provides an appropriation for the repayment amount required for that fiscal year. If there is a failure to appropriate a repayment, an amount equal to the required repayment for the applicable fiscal year, calculated pursuant to section 6(b), shall be included in the estimates under section 251(a)(7) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(a)(7) ).
In this paragraph, the term transfer or reprogramming provision means a provision in an appropriations Act that, notwithstanding subparagraphs
(B)and
(C)of section 5(e)(1), authorizes or requires— a transfer of amounts in the Fund for any purpose other than to cover the costs of eligible agency projects; or a purchasing agency to transfer or reprogram a purchase transfer for a purpose other than paying the costs of an eligible agency project. The amount transferred or reprogrammed under a transfer or reprogramming provision shall be included in the estimates of discretionary appropriations under section 251(a)(7) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(a)(7) ).
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