H.R. 4520 (103rd): To amend chapter 11 of title 31, United States Code, to require that the President’s budget submission ...

...separately reflect the budget aggregates relating to activities within the unified budget and aggregates relating to activities requi

103rd Congress, 1993–1994. Text as of May 26, 1994 (Introduced).

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HR 4520 IH

103d CONGRESS

2d Session

H. R. 4520

To amend chapter 11 of title 31, United States Code, to require that the President’s budget submission separately reflect the budget aggregates relating to activities within the unified budget and aggregates relating to activities required by law to be excluded from the unified budget.

IN THE HOUSE OF REPRESENTATIVES

May 26, 1994

Ms. MARGOLIES-MEZVINSKY (for herself, Mr. PENNY, Mr. COX, and Mr. PORTMAN) introduced the following bill; which was referred to the Committee on Government Operations


A BILL

To amend chapter 11 of title 31, United States Code, to require that the President’s budget submission separately reflect the budget aggregates relating to activities within the unified budget and aggregates relating to activities required by law to be excluded from the unified budget.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. THE PRESIDENT’S BUDGET.

    Section 1105 of chapter 11 of title 31, United States Code, is amended by adding at the end the following new subsection:

    ‘(g) The budget transmitted pursuant to subsection (a) for a fiscal year shall set forth all budget aggregates (including receipts, disbursements, and deficits) only as follows: One set of aggregates shall relate solely to activities of the Federal budget which are within the unified budget and one set of aggregates shall relate solely to activities of the Federal budget which are off-budget.’.

SEC. 2. EFFECTIVE DATE.

    The amendment made by section 1 shall become effective for fiscal year 1996 and shall be fully reflected in the fiscal year 1996 budget submitted by the President in February 1995 as required by section 1105(a) of title 31, United States Code.