A bill to improve budgetary information by requiring that the unified budget presented by the President contain an operating budget and a capital budget, distinguish betweeen Federal funds and trust funds, and for other purposes.
Federal Budget Structure Act of 1988 - 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 total funds, Federal funds, and trust 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.
Introduced in House
Introduced in House
Referred to House Committee on Government Operations.
Referred to Subcommittee on Legislation and National Security.
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