Sec. 121. AUTHORITY FOR FISCAL YEAR 2024 BUDGET RESOLUTION IN THE SENATE
593 words·~3 min read·
/statute-compilations/comps-17485/sec-121A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 121 AUTHORITY FOR FISCAL YEAR 2024 BUDGET RESOLUTION IN THE SENATE ###
(a)Fiscal Year 2024 For the purpose of enforcing the Congressional Budget Act of 1974 (2 U.S.C. 621 et seq.) and enforcing budgetary points of order in prior concurrent resolutions on the budget, the allocations, aggregates, and levels provided for in subsection
(b)shall apply in the Senate 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 The Chairman of the Committee on the Budget of the Senate shall submit a statement for publication in the Congressional Record as soon as practicable after the date of enactment of this Act that includes— ####
(1)for the Committee on Appropriations of the Senate, committee allocations for fiscal year 2024 consistent with the discretionary spending limits set forth in section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by this Act, and the outlays flowing therefrom, for the purpose of enforcing section 302 of the Congressional Budget Act of 1974; ####
(2)for all committees other than the Committee on Appropriations, committee allocations for fiscal years 2024, 2024 through 2028, and 2024 through 2033, consistent with the May 2023 baseline of the Congressional Budget Office, as adjusted for the budgetary effects of any provision of law enacted during the period beginning on the date such baseline was 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 (2 U.S.C. 633); ####
(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 (2 U.S.C. 642); ####
(4)aggregate revenue levels for fiscal years 2024, 2024 through 2028, and 2024 through 2033, consistent with the May 2023 baseline of the Congressional Budget Office, as adjusted for the budgetary effects of any provision of law enacted during the period beginning on the date such baseline was 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 (2 U.S.C. 642); ####
(5)levels of Social Security revenues and outlays for fiscal years 2024, 2024 through 2028, and 2024 through 2033, consistent with the May 2023 baseline of the Congressional Budget Office, as adjusted for the budgetary effects of any provision of law enacted during the period beginning on the date such baseline was issued and ending on the date of submission of such statement, for the purpose of enforcing sections 302 and 311 of the Congressional Budget Act of 1974 (2 U.S.C. 633, 642); and ####
(6)a statement under the heading “Accounts Identified for Advance Appropriations” for the purpose of enforcing section 123 of this title. ###
(c)Additional Matter The statement referred to in subsection
(b)may also include for fiscal year 2024 the deficit-neutral reserve fund in section 3003 of S. Con. Res. 14 (117th Congress), the concurrent resolution on the budget for fiscal year 2022, updated by 2 fiscal years. ###
(d)Expiration This section shall expire if a concurrent resolution on the budget for fiscal year 2024 is agreed to by the Senate and the House of Representatives pursuant to section 301 of the Congressional Budget Act of 1974 (2 U.S.C. 632).
Connectionstraces to 4
Citation graph
cites case law
Sec. 121
AUTHORITY FOR FISCAL YEAR 2024 BUDGET RESOLUTION IN THE SENATE
Cites 4Cited by 0 across 0 sources