A bill to amend the Congressional Budget Act of 1974 to impose limits on the amount of total budget outlays contained in concurrent resolutions on the budget.

Summary

Amends the Congressional Budget Act of 1974 to prohibit, for any fiscal year beginning after September 30, 1982, the amount of total budget outlays set forth in any concurrent resolution on the budget from exceeding an amount equal to the greater of: (1) an amount in the same ratio to the gross national product (GNP) for such fiscal year as the total budget outlays to the GNP of the preceding fiscal year, minus one percent of the GNP for such fiscal year; or (2) 18 percent of the GNP for such fiscal year. Permits an increase in such limitation if two-thirds of the whole number of both Houses of Congress pass a bill directed solely to approving specific additional receipts and such bill becomes law.

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Timeline

1. 23 June 1982

   Introduced

   Read twice and referred to the Committee on Budget pursuant to the order of August 4, 1977, with instructions that if one committee reports, the other committee has thirty days of continuous session to report or be discharged.

   Source: IntroReferral

2. 23 June 1982

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 24 June 1982

   Floor

   Star Print ordered s.2664.

   Source: Floor

4. 15 July 1982

   Committee

   Committee on Governmental Affairs requested executive comment from GAO; CBO; OMB.

   Source: Committee

5. 29 July 1982

   Floor

   Star Print ordered S.2664.

   Source: Floor

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 23 June 1982

  Open at official source

Sponsors

• Sen. Mattingly, Mack [R-GA] · R · Sponsor
• · ssga00 · Standing
• · ssbu00 · Standing

Related records

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