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Code · STATUTE-COMPILATIONS · Fiscal Responsibility Act of 2023 · Sec. 111

Sec. 111. AUTHORITY FOR FISCAL YEAR 2024 BUDGET RESOLUTION IN THE HOUSE OF REPRESENTATIVES

537 words·~2 min read·/statute-compilations/comps-17485/sec-111

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## SEC. 111 AUTHORITY FOR FISCAL YEAR 2024 BUDGET RESOLUTION IN THE HOUSE OF REPRESENTATIVES ###
(a)Fiscal Year 2024 For the purpose of enforcing the Congressional Budget Act of 1974 for fiscal year 2024, the allocations, aggregates, and levels provided for in subsection
(b)shall apply in the House of Representatives in the same manner as for a concurrent resolution on the budget for fiscal year 2024 with appropriate budgetary levels for fiscal year 2024 and for fiscal years 2025 through 2033. ###
(b)Committee Allocations, Aggregates, and Levels In the House of Representatives, the Chair of the Committee on the Budget shall submit a statement for publication in the Congressional Record as soon as practicable containing— ####
(1)for the Committee on Appropriations, committee allocations for fiscal year 2024 consistent with discretionary spending limits set forth in section 251(c)(9) of the Balanced Budget and Emergency Deficit Control Act of 1985, as added by this Act, and the outlays flowing therefrom, and committee allocations for fiscal year 2024 for current law mandatory budget authority and outlays, for the purpose of enforcing section 302 of the Congressional Budget Act of 1974; ####
(2)for all committees of the House of Representatives other than the Committee on Appropriations, committee allocations for fiscal year 2024 and for the period of fiscal years 2025 through 2033 consistent with the most recent baseline of the Congressional Budget Office, as adjusted, to the extent practicable, for the budgetary effects of any provision of law enacted during the period beginning on the date such baseline is issued and ending on the date of submission of such statement, for the purpose of enforcing section 302 of the Congressional Budget Act of 1974; ####
(3)aggregate spending levels for fiscal year 2024 in accordance with the allocations established under paragraphs
(1)and (2), for the purpose of enforcing section 311 of the Congressional Budget Act of 1974; and ####
(4)aggregate revenue levels for fiscal year 2024 and for the period of fiscal years 2025 through 2033 consistent with the most recent baseline of the Congressional Budget Office, as adjusted, to the extent practicable, for the budgetary effects of any provision of law enacted during the period beginning on the date such baseline is issued and ending on the date of submission of such statement, for the purpose of enforcing section 311 of the Congressional Budget Act of 1974. ###
(c)Adjustments The Chair of the Committee on the Budget of the House of Representatives may adjust the allocations, aggregates, and other budgetary levels included in the statement referred to in subsection (b)— ####
(1)to reflect changes resulting from the Congressional Budget Office’s updates to its baseline for fiscal years 2024 through 2033; or ####
(2)for any bill, joint resolution, amendment, or conference report by the amounts provided in such measure if such measure would not increase the deficit for either of the following time periods: fiscal year 2024 to fiscal year 2028 or fiscal year 2024 to fiscal year 2033. ###
(d)Expiration Subsections
(a)through
(c)shall no longer apply if a concurrent resolution on the budget for fiscal year 2024 is agreed to by the Senate and House of Representatives.
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