Capital Budgeting Act of 1991

Summary

Capital Budgeting Act of 1991 - Amends Federal law to require that the budget the President submits to the Congress be a unified budget comprising an operating budget and a capital budget, each presented separately for unified funds, general funds, trust funds, and enterprise funds. Restricts the capital budget to the major activities, projects, and programs supporting the acquisition, construction, alteration, and rehabilitation of capital assets. Includes all other items in the operating budget. Directs the Comptroller General to review and report to the Congress, as necessary, on the implementation of this Act. Requires the Committee on the Budget of the House of Representatives to submit legislation to establish additional deficit targets under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) beginning in FY 1993 which would require the eventual elimination of deficits in the General and enterprise funds.

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Timeline

1. 25 November 1991

   Introduced

   Referred to the House Committee on Government Operations.

   Source: IntroReferral

2. 25 November 1991

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 November 1991

   Introduced

   Introduced in House

   Source: IntroReferral

4. 29 November 1991

   Referred

   Referred to the Subcommittee on Legislation and National Security.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 November 1991

  Open at official source

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Sponsors

• Rep. Owens, Wayne [D-UT-2] · D · Sponsor
• · hsgo00 · Standing
• · hsru00 · Standing

Related records

• related to → Federal Budget Structure Act of 1991