Family Budget Protection Act of 2003

Summary

Family Budget Protection Act of 2003 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require, within 15 days after the end of each congressional session, a sequestration to eliminate any deficit that exceeds the excess margin (maximum permissible deficit). Requires half of the required outlay reductions to come from non-exempt defense accounts and half to come from non-exempt non-defense accounts. Provides decreasing maximum deficit amounts for FY 2005 and thereafter, with a zero balance for FY 2012 and beyond. Requires adjustment of the maximum deficit in the event of negative Federal revenue growth. Provides discretionary spending limits for FY 2005 through 2013. Repeals the Gramm-Rudman-Hollings Act expiration date. Directs the Chairman of the House Budget Committee to maintain the Family Budget Protection Discretionary Account, to be debited and credited by new budget increases and reductions. Provides spending caps on the growth of entitlements and mandatory budget outlays. Excludes benefits payable under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act and Tier 1 railroad retirement benefits from required reductions under the Gramm-Rudman-Hollings Act, along with specified Government accounts and activities. Provides other exceptions, limitations, and special rules with respect to sequestration exemptions. Directs the Chairman to maintain the Family Budget Protection Mandatory Account, to be debited and credited by increases or decreases in mandatory budget authority. Freezes at current levels spending authority for each unearned entitlement, high-cost discretionary spending program and authorized and unauthorized discretionary spending programs. Requires: (1) joint (currently, concurrent) and biennial (currently, annual) budget resolutions; (2) biennial appropriations Acts; and (3) biennial Government strategic and performance plans. Requires the appropriation of funds out of any available Treasury amounts to continue in a new fiscal year any previously-authorized Government project or activity in the event that a regular appropriations bill does not become law by the beginning of that fiscal year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 October 2003

   Introduced

   Referred to the Committee on the Budget, and in addition to the Committees on Rules, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 21 October 2003

   Introduced

   Referred to the Committee on the Budget, and in addition to the Committees on Rules, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 21 October 2003

   Introduced

   Introduced in House

   Source: IntroReferral

4. 21 October 2003

   Introduced

   Introduced in House

   Source: IntroReferral

5. 31 October 2003

   Introduced

   House Committee on The Budget Granted an extension for further consideration ending not later than Nov. 7, 2003.

   Source: IntroReferral

6. 7 November 2003

   Introduced

   House Committee on The Budget Granted an extension for further consideration ending not later than Nov. 21, 2003.

   Source: IntroReferral

7. 12 November 2003

   Referred

   Referred to the Subcommittee on Government Efficiency and Financial Management.

   Source: Committee

8. 21 November 2003

   Introduced

   House Committee on The Budget Granted an extension for further consideration ending not later than Jan. 31, 2004.

   Source: IntroReferral

9. 31 January 2004

   Introduced

   House Committee on The Budget Granted an extension for further consideration ending not later than June 1, 2004.

   Source: IntroReferral

10. 1 June 2004

    Introduced

    House Committee on The Budget Granted an extension for further consideration ending not later than July 23, 2004.

    Source: IntroReferral

11. 22 July 2004

    Introduced

    House Committee on The Budget Granted an extension for further consideration ending not later than Oct. 1, 2004.

    Source: IntroReferral

12. 1 October 2004

    Introduced

    House Committee on The Budget Granted an extension for further consideration ending not later than Nov. 19, 2004.

    Source: IntroReferral

13. 19 November 2004

    Introduced

    House Committee on The Budget Granted an extension for further consideration ending not later than Nov. 22, 2004.

    Source: IntroReferral

14. 22 November 2004

    Introduced

    House Committee on The Budget Granted an extension for further consideration ending not later than Dec. 10, 2004.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Referral Instructions House · 21 October 2003 · Download file

Documents

3 official files

• Referral Instructions House (text)

  Referral Instructions House · EN · 21 October 2003

  ViewDownloadOpen at official source

• Referral Instructions House (PDF)

  Referral Instructions House · EN · 21 October 2003

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 21 October 2003

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Hensarling, Jeb [R-TX-5] · R · Sponsor
• Rep. Barrett, J. Gresham [R-SC-3] · R · Sponsor
• Rep. Diaz-Balart, Mario [R-FL-26] · R · Sponsor
• Rep. Barton, Joe [R-TX-6] · R · Sponsor
• Rep. Akin, W. Todd [R-MO-2] · R · Sponsor
• Sen. DeMint, Jim [R-SC] · R · Sponsor
• Rep. Goode, Virgil H., Jr. [R-VA-5] · R · Sponsor
• Rep. Manzullo, Donald A. [R-IL-16] · R · Sponsor
• Rep. Thornberry, Mac [R-TX-13] · R · Sponsor
• Rep. Gutknecht, Gil [R-MN-1] · R · Sponsor
• Sen. Flake, Jeff [R-AZ] · R · Sponsor
• Rep. Myrick, Sue Wilkins [R-NC-9] · R · Sponsor
• Rep. Beauprez, Bob [R-CO-7] · R · Sponsor
• Rep. Franks, Trent [R-AZ-8] · R · Sponsor
• Rep. Garrett, Scott [R-NJ-5] · R · Sponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Sponsor
• Rep. Tancredo, Thomas G. [R-CO-6] · R · Sponsor
• Rep. Miller, Jeff [R-FL-1] · R · Sponsor
• Rep. Chabot, Steve [R-OH-1] · R · Sponsor
• Rep. Neugebauer, Randy [R-TX-19] · R · Sponsor
• Rep. Carter, John R. [R-TX-31] · R · Sponsor
• Rep. Culberson, John Abney [R-TX-7] · R · Sponsor
• Rep. Cole, Tom [R-OK-4] · R · Sponsor
• Rep. Sessions, Pete [R-TX-17] · R · Sponsor
• Rep. Pence, Mike [R-IN-6] · R · Sponsor
• Rep. Shadegg, John B. [R-AZ-3] · R · Sponsor
• Rep. Terry, Lee [R-NE-2] · R · Sponsor
• Rep. Wilson, Joe [R-SC-2] · R · Sponsor
• Sen. Toomey, Patrick [R-PA] · R · Sponsor
• Rep. Smith, Nick [R-MI-7] · R · Sponsor
• Rep. Feeney, Tom [R-FL-24] · R · Sponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Kline, John [R-MN-2] · R · Cosponsor
• Rep. King, Steve [R-IA-4] · R · Cosponsor
• Rep. Hart, Melissa A. [R-PA-4] · R · Cosponsor
• Rep. Brady, Kevin [R-TX-8] · R · Cosponsor
• Rep. Gingrey, Phil [R-GA-11] · R · Cosponsor
• Rep. Turner, Michael R. [R-OH-10] · R · Cosponsor
• Rep. Musgrave, Marilyn N. [R-CO-4] · R · Cosponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Cosponsor
• · hsgo00 · Standing
• · hsru00 · Standing
• · hsbu00 · Standing

Related records

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