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Code · STATUTE-COMPILATIONS · Congressional Budget and Impoundment Control Act of 1974 · Sec. 405

Sec. 405. off-budget agencies, programs, and activities

177 words·~1 min read·/statute-compilations/comps-10356/sec-405

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## Sec. 405 off-budget agencies, programs, and activities **[**[2 U.S.C. 655](/us/usc/t2/s655)**]** ###
(a)Notwithstanding any other provision of law, budget authority, credit authority, and estimates of outlays and receipts for activities of the Federal budget which are off-budget immediately prior to the date of enactment of this section, not including activities of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds, shall be included in a budget submitted pursuant to section 1105 of title 31, United States Code, and in a concurrent resolution on the budget reported pursuant to section 301 or section 304 of this Act and shall be considered, for purposes of this Act, budget authority, outlays, and spending authority in accordance with definitions set forth in this Act. ###
(b)All receipts and disbursements of the Federal Financing Bank with respect to any obligations which are issued, sold, or guaranteed by a Federal agency shall be treated as a means of financing such agency for purposes of section 1105 of title 31, United States Code, and for purposes of this Act.
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Sec. 405
off-budget agencies, programs, and activities
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