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United States · Bill · S

S. 2765 (116th)

Bipartisan Congressional Budget Reform Act

openUnited States· United States Congress· EN

Introduced

31 October 2019

Last action

15 December 2020 · Floor

Status

By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.

Sponsors

Sen. Enzi, Michael B. [R-WY], Sheldon Whitehouse, Chuck Grassley, Timothy Kaine, Mike Crapo, Angus King, Sen. Graham, Lindsey [R-SC], Christopher Coons, John Barrasso, Sen. Blunt, Roy [R-MO], Ron Johnson, Sen. Perdue, David [R-GA], John Kennedy, Kevin Cramer, Sen. Braun, Mike [R-IN], Rick Scott, Mark Warner, John Cornyn, Sen. Alexander, Lamar [R-TN], Joni Ernst, Deb Fischer, James Lankford, James Risch, Sen. Loeffler, Kelly [R-GA]

Subjects

Taxation, Budget

Source updated

7 April 2025

Taxation · Budget

Official sourceDownload fileView documentsShare

Summary

Bipartisan Congressional Budget Reform Act This bill makes several modifications to the federal budget process, including the procedures for considering congressional budget resolutions and adjusting the debt limit. Among other modifications, the bill includes provisions that require biennial congressional budget resolutions, instead of the annual budget resolutions required under current law; retain the existing annual appropriations process; require a budget resolution to specify a target for the ratio of the debt held by the public to the gross domestic product (GDP) for each year covered by the resolution; require the debt-to-GDP target to be enforced using a mandatory reconciliation process that requires deficit reduction legislation to be considered using expedited legislative procedures; provide for automatic adjustments of the debt limit and statutory discretionary spending limits to conform to the levels in the budget resolution; modify the procedures for considering budget resolutions in the Senate; allow budget resolutions that have bipartisan support and meet specified requirements to be considered in the Senate using expedited procedures; rename the Committee on the Budget of the Senate as the Committee on Fiscal Control and the Budget of the Senate; and expand reporting requirements for congressional committees, the Congressional Budget Office, and the Government Accountability Office.

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

Timeline

  1. 31 October 2019

    Introduced

    Read twice and referred to the Committee on the Budget.

    Source: IntroReferral

  2. 31 October 2019

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 6 November 2019

    Reported

    Committee on the Budget. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

  4. 13 November 2019

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 306.

    Source: Calendars

  5. 13 November 2019

    Reported

    Committee on the Budget. Reported by Senator Enzi with an amendment in the nature of a substitute. Without written report.

    Source: Committee

  6. 13 November 2019

    Reported

    Committee on the Budget. Reported by Senator Enzi with an amendment in the nature of a substitute. Without written report.

    Source: Committee

  7. 15 December 2020

    Committee

    By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.

    Source: Committee

  8. 15 December 2020

    Floor

    By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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