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2 U.S.C. § 634 — Timetable

Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 634 — Timetable

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 FebruaryPresident submits his budget. February 15Congressional Budget Office submits report to Budget Committees. Not later than 6 weeks after President submits budgetCommittees submit views and estimates to Budget Committees. April 1Senate Budget Committee reports concurrent resolution on the budget. April 15Congress completes action on concurrent resolution on the budget. May 15Annual appropriation bills may be considered in the House. June 10House Appropriations Committee reports last annual appropriation bill. June 15Congress completes action on reconciliation legislation. June 30House completes action on annual appropriation bills. October 1Fiscal year begins.

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Stable record: federal_law:legal_authorities:record_usc_dc3501226ff7e5bf5c007761
Source file: Laws/federal/codes/united-states-code/title-2/section-634-timetable--07840c6224.md
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Source location: Title 2, Chapter 17A, § 634; chapter-17a-congressional-budget-and-fiscal-operations.md

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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 FebruaryPresident submits his budget. February 15Congressional Budget Office submits report to Budget Committees. Not later than 6 weeks after President submits budgetCommittees submit views and estimates to Budget Committees. April 1Senate Budget Committee reports concurrent resolution on the budget. April 15Congress completes action on concurrent resolution on the budget. May 15Annual appropriation bills may be considered in the House. June 10House Appropriations Committee reports last annual appropriation bill. June 15Congress completes action on reconciliation legislation. June 30House completes action on annual appropriation bills. October 1Fiscal year begins.

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 631 — Congressional declaration of purpose

The Congress declares that it is essential— (1) to assure effective congressional control over the budgetary process; (2) to provide for the congressional determination each year of the appropriate level of Federal revenues and expenditures; (3) to provide a system of impoundment control; (4) to establish national budget priorities; and (5) to provide for the furnishing of information by the executive branch in a manner that will assist the Congress in discharging its duties.

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 632 — Definitions

For purposes of this Act— (1) The terms “budget outlays” and “outlays” mean, with respect to any fiscal year, expenditures and net lending of funds under budget authority during such year. (2) **Budget authority and new budget authority.—** (A) *In general.—* — The term “budget authority” means the authority provided by Federal law to incur financial obligations, as follows: (i) provisions of law that make funds available for obligation and expenditure (other than borrowing authority), including the authority to obligate and expend the proceeds of offsetting receipts and collections; (ii) borrowing authority, which means authority granted to a Federal entity to borrow and obligate and expend the borrowed funds, including through the issuance of promissory notes or other monetary credits; (iii) contract authority, which means the making of funds available for obligation but not for expenditure; and (iv) offsetting receipts and collections as negative budget authority, and the reduction thereof as positive budget authority. (B) *Limitations on budget authority.—* — With respect to the Federal Hospital Insurance Trust Fund, the Supplementary Medical Insurance Trust Fund, the Unemployment Trust Fund, and the railroad retirement account, any amount that is precluded from obligation in a fiscal year by a provision of law (such as a limitation or a benefit formula) shall not be budget authority in that year. (C) *New budget authority.—* — The term “new budget authority” means, with respect to a fiscal year— (i) budget authority that first becomes available for obligation in that year, including budget authority that becomes available in that year s 11 So in original. Probably should be “as”. a result of a reappropriation; or (ii) a chan

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 642 — Reports, summaries, and projections of Congressional budget actions

**(a) Legislation providing new budget authority or providing increase or decrease in revenues or tax expenditures** (1) Whenever a committee of either House reports to its House a bill or joint resolution, or committee amendment thereto, providing new budget authority (other than continuing appropriations) or providing an increase or decrease in revenues or tax expenditures for a fiscal year (or fiscal years), the report accompanying that bill or joint resolution shall contain a statement, or the committee shall make available such a statement in the case of an approved committee amendment which is not reported to its House, prepared after consultation with the Director of the Congressional Budget Office— (A) comparing the levels in such measure to the appropriate allocations in the reports submitted under [section 633(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section633/b&num=0&edition=prelim) for the most recently agreed to concurrent resolution on the budget for such fiscal year (or fiscal years); (B) containing a projection by the Congressional Budget Office of how such measure will affect the levels of such budget authority, budget outlays, revenues, or tax expenditures under existing law for such fiscal year (or fiscal years) and each of the four ensuing fiscal years, if timely submitted before such report is filed; and (C) containing an estimate by the Congressional Budget Office of the level of new budget authority for assistance to State and local governments provided by such measure, if timely submitted before such report is filed. (2) Whenever a conference report is filed in either House and such conference report or any amendment reported in disagreement or any amendment contained in the joint statement

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 900 — Statement of budget enforcement through sequestration; definitions

**(a) Omitted** **(b) General statement of budget enforcement through sequestration** This subchapter provides for budget enforcement as called for in House Concurrent Resolution 84 (105th Congress, 1st session). **(c) Definitions** As used in this subchapter: (1) The terms “budget authority”, “new budget authority”, “outlays”, and “deficit” have the meanings given to such terms in section 3 of the Congressional Budget and Impoundment Control Act of 1974 [[2 U.S.C. 622](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section622&num=0&edition=prelim)] and “discretionary spending limit” shall mean the amounts specified in [section 901 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section901&num=0&edition=prelim). (2) The terms “sequester” and “sequestration” refer to or mean the cancellation of budgetary resources provided by discretionary appropriations or direct spending law. (3) The term “breach” means, for any fiscal year, the amount (if any) by which new budget authority or outlays for that year (within a category of discretionary appropriations) is above that category’s discretionary spending limit for new budget authority or outlays for that year, as the case may be. (4) (A) The term “nonsecurity category” means all discretionary appropriations not included in the security category defined in subparagraph (B). (B) The term “security category” includes discretionary appropriations associated with agency budgets for the Department of Defense, the Department of Homeland Security, the Department of Veterans Affairs, the National Nuclear Security Administration, the intelligence community management account (95–0401–0–1–054), and all budget accounts in budget function 150 (international affairs). (C

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 621 — Treatment of deposit insurance and agencies and other insurance programs

**(a) In general** This subchapter shall not apply to the credit or insurance activities of the Federal Deposit Insurance Corporation, National Credit Union Administration, Resolution Trust Corporation, Pension Benefit Guaranty Corporation, National Flood Insurance, National Insurance Development Fund, Crop Insurance, or Tennessee Valley Authority. **(b) Study** The Director and the Director of the Congressional Budget Office shall each study whether the accounting for Federal deposit insurance programs should be on a cash basis on the same basis as loan guarantees, or on a different basis. Each Director shall report findings and recommendations to the President and the Congress on or before May 31, 1991. **(c) Access to data** For the purposes of subsection (b), the Office of Management and Budget and the Congressional Budget Office shall have access to all agency data that may facilitate these studies.

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 1321 — Trust funds

**(a)** The following are classified as trust funds: (1) Philippine special fund (customs duties). (2) Philippine special fund (internal revenue). (3) Unclaimed condemnation awards, Department of the Treasury. (4) Naval reservation, Olangapo civil fund. (5) Armed Forces Retirement Home Trust Fund. (6) Return to deported aliens of passage money collected from steamship companies. (7) Vocational rehabilitation, special fund. (8) Library of Congress gift fund. (9) Library of Congress trust fund, investment account. (10) Library of Congress trust fund, income from investment account. (11) Library of Congress trust fund, permanent loan. (12) Relief and rehabilitation, Longshore and Harbor Workers’ Compensation Act. (13) Cooperative work, Forest Service. (14) Wages and effects of American seamen, Department of Commerce. (15) Pension money, Saint Elizabeths Hospital. (16) Personal funds of patients, Saint Elizabeths Hospital. (17) National Park Service, donations. (18) Purchase of lands, national parks, donations. (19) Extension of winter-feed facilities of game animals of Yellowstone National Park, donations. (20) Indian moneys, proceeds of labor, agencies, schools, and so forth. (21) Funds of Federal prisoners. (22) Commissary funds, Federal prisons. (23) Pay of the Navy, deposit funds. (24) Pay of Marine Corps, deposit funds. (25) Pay of the Army, deposit fund. (26) Preservation birthplace of Abraham Lincoln. (27) Funds contributed for flood control, Mississippi River, its outlets and tributaries. (28) Funds contributed for flood control, Sacramento River, California. (29) Effects of deceased employees, Department of the Treasury. (30) Money and effects of deceased patients, Public Health Service. (31) Effects of deceased employees, Department

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 633 — Continuing study of additional budget reform proposals

**(a)** The Committees on the Budget of the House of Representatives and the Senate shall study on a continuing basis proposals designed to improve and facilitate methods of congressional budgetmaking. The proposals to be studied shall include, but are not limited to, proposals for— (1) improving the information base required for determining the effectiveness of new programs by such means as pilot testing, survey research, and other experimental and analytical techniques; (2) improving analytical and systematic evaluation of the effectiveness of existing programs; (3) establishing maximum and minimum time limitations for program authorization; and (4) developing techniques of human resource accounting and other means of providing noneconomic as well as economic evaluation measures. **(b)** The Committee on the Budget of each House shall, from time to time, report to its House the results of the study carried on by it under subsection (a), together with its recommendations. **(c)** Nothing in this section shall preclude studies to improve the budgetary process by any other committee of the House of Representatives or the Senate or any joint committee of the Congress.

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 653 — Effect of adoption of special order of business in House of Representatives

For purposes of a reported bill or joint resolution considered in the House of Representatives pursuant to a special order of business, the term “as reported” in this subchapter or subchapter II shall be considered to refer to the text made in order as an original bill or joint resolution for the purpose of amendment or to the text on which the previous question is ordered directly to passage, as the case may be. In the case of a reported bill or joint resolution considered pursuant to a special order of business, a point of order under [section 634 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section634&num=0&edition=prelim) shall be determined on the basis of the text made in order as an original bill or joint resolution for the purpose of amendment or to the text on which the previous question is ordered directly to passage, as the case may be.

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Federal law — U.S. Code and appendices · legal_authorities

2 U.S.C. § 634 — Concurrent resolution on the budget must

Page 186 TITLE 2—THE CONGRESS § 634 motion, or conference report that is within the juris- diction of the Committee on Appropriations.’’ 1985—Pub. L. 99–177 substituted ‘‘Committee alloca- tions’’ for ‘‘Matters to be included in joint statement of managers; reports by committees’’ in section catchline. Subsec. (a). Pub. L. 99–177 amended subsec. (a) gen- erally, providing for separate provisions relating to al- locations of totals for the House of Representatives and for the Senate, with respect to the joint explanatory statement accompanying the conference report on a concurrent resolution on the budget. Subsec. (b). Pub. L. 99–177 amended subsec. (b) gen- erally, inserting applicability to new credit authority. Subsec. (c). Pub. L. 99–177 amended subsec. (c) gen- erally, substituting provisions relating to point of order for provisions relating to subsequent concurrent resolutions. Subsecs. (d) to (g). Pub. L. 99–177, in amending section generally, added subsecs. (d) to (g). Statutory Notes and Related Subsidiaries EFFECTIVE AND TERMINATION DATES OF 1990 AMENDMENT Pub. L. 101–508, title XIII, § 13201(b)(2), Nov. 5, 1990, 104 Stat. 1388–614, provided that the amendment made by section 13201(b)(2) is effective Jan. 1, 1991, for fiscal year 1991 only. Pub. L. 101–508, title XIII, § 13201(b)(3), Nov. 5, 1990, 104 Stat. 1388–614, provided that the amendment made by section 13201(b)(3) is effective for fiscal years beginning after Sept. 30, 1991. Amendment by section 13303(c) of Pub. L. 101–508 ap- plicable with respect to fiscal years beginning on or after Oct. 1, 1990, see section 13306 of Pub. L. 101–508, set out as an Effective Date of 1990 Amendment note under section 632 of this title. EFFECTIVE DATE OF 1985 AMENDMENT Amendment by Pub. L. 99

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