Federal Capital Investment Program Information Act of 1984

(Measure passed House, amended, division vote (26-0))

Federal Capital Investment Program Information Act of 1984 - Amends the Budget and Accounting Act, 1921, to require the President to include with each Budget submitted beginning January 1, 1985, four summaries identifying requested appropriations or new obligation authority and outlays for each major program that may be classified as either a public civilian capital investment program or a military capital investment program.

Requires such summaries to: (1) estimate current service levels of public civilian capital investments and of military capital investments and alternative high and low levels of such investments over a period of ten years in current dollars and over a period of five years in constant dollars; (2) contain the most recent assessment analysis and summary of public civilian capital investment needs in each major program area over a period of ten years; (3) identify and analyze the principal policy issues that affect estimated public civilian capital investment needs for each major program; and (4) identify and analyze factors that affect estimated public civilian capital investment needs for each major program.

Declares that any appropriation, new obligational authority, or outlay shall be classified as a: (1) public civilian capital investment to the extent that such appropriation, authority, or outlay will be used for the construction, acquisition, or rehabilitation of any physical asset that is capable of being used to produce services or other benefits for a number of years; or (2) military capital investment to the extent that such appropriation, authority, or outlay will be used for the construction, acquisition, or rehabilitation of any physical asset that is capable of being used to produce services or other benefits for purposes of national defense and security for a number of years.

Includes among public capital investments roadways or bridges, airports or airway facilities, mass transportation systems, wastewater treatment or related facilities, water resource projects, hospitals, resource recovery facilities, public buildings, space or communications facilities, and railroads.