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Code · BILL · 119th Congress · H.R. 7295 (Introduced in House) — To establish comprehensive, annual congressional budgeting. · Sec. 4

Sec. 4. Timetable

155 words·~1 min read·/bill/119/hr/7295/ih/section-4

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Section 300 of the Congressional Budget Act of 1974 ( 2 U.S.C. 631 ) is amended to read as follows: The timetable with respect to the congressional budget process for any fiscal year is as follows: On or before: Action to be completed: First Monday in February President submits to Congress the budget request of the President. February 15 Congressional Budget Office submits report to Budget Committees. Not later than 6 weeks after President submits budget Committees submit views and estimates to Budget Committees.
April 1 Senate Budget Committee reports concurrent resolution on the budget. April 15 Congress completes action on concurrent resolution on the budget. May 15 Committees submit spending and revenue line items and any recommendations to Committees on the Budget. June 10 House Budget Committee reports annual budget Act. June 15 Congress completes action on reconciliation legislation. June 30 House completes action on annual budget Act. October 1 Fiscal year begins. .
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