A bill to amend the Congressional Budget Act and Impoundment Control Act of 1974, to provide for budgetary planning every two years.
Two Year Budgetary Planning Act of 1983 - Amends the Congressional Budget and Impoundment Control Act of 1974 to provide for one concurrent resolution on the budget setting forth the congressional budget for a two-fiscal-year period. Measures such two-fiscal-year period from October 1 of any odd-numbered year.
Amends the Rules of the House of Representatives to permit a revision of such budget resolution during the two-year fiscal period after approval by a three-fifths vote of each House of Congress.
Amends the Budget and Accounting Act, 1921, to require the President to transmit to Congress during the first fifteen days of the first regular session of each Congress the Budget for the two-fiscal-year period beginning on October 1 of the year in which such session occurs. Requires such budget to include projections for the ensuing two-fiscal-year period and the four fiscal years immediately following it.
Sets forth the effective dates for the amendments made by this Act.
Introduced in Senate
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977 with instructions that if one Committee reports, the other Committee has thirty days of continuous session to report or be discharged.
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