Federal Capital Investment Budget Act of 1982

Federal Capital Investment Budget Act of 1982 - Amends the Budget and Accounting Act, 1921 to require the President to include with each Budget submitted on or after January 1, 1983, a special analysis, for the ensuing fiscal year, which shall identify and summarize for each function, category, agency, and program of appropriation and expenditure in the Budget the amount of appropriations and expenditures which may be classified as public infrastructure investments.

Sets forth other information to be included in such analysis.

Requires the President also to include with each Budget, on or after January 1, 1984, a capital investment budget which shall identify by State the amount of appropriations and expenditures classifiable as public infrastructure investments.

Declares that any appropriation or expenditures shall be classified as a public infrastructure investment to the extent that it will be used for the construction, rehabilitation or repair of any civilian public facility in the United States.

Amends the Housing and Urban Development Act of 1970 to require the Secretary of Housing and Urban Development to prepare an inventory of civilian public facilities in the United States and an assessment of their physical condition. Requires the Secretary to make a report of such inventory and assessment to Congress not later than January 1, 1984, and to update such report annually.