Bill113th Congress

H.R. 1654

Budget Process Improvement Act of 2013

Ask AI
Introduced
Apr 18, 2013
Origin Chamber
House
Policy Area
Economics and Public Finance
Latest Action
Apr 18, 2013

Sponsor

Rep. Renacci, James B. [R-OH-16]

Republican·OH-16
Bioguide ID: R000586
First Name: James
Middle Name: B.
Last Name: Renacci
By Request: N
11
Cosponsors
4
Committees
6
Actions
0
Amendments
6
Related Bills
15
Subjects
1
Summaries
3
Titles
1
Text Versions

Bill Details

Update Date
Nov 15, 2022
Origin Chamber
House
Bill Type
HR
Bill Number
1,654
Congress
113
Introduced Date
Apr 18, 2013
Policy Area
Economics and Public Finance
Is Law
No
Apr 18, 2013IntroReferralH11100

Referred to the Committee on the Budget, and in addition to the Committees on Rules, Oversight and Government Reform, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Source: House floor actions

Apr 18, 2013IntroReferralH11100

Referred to the Committee on the Budget, and in addition to the Committees on Rules, Oversight and Government Reform, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Source: House floor actions

Apr 18, 2013IntroReferralH11100

Referred to the Committee on the Budget, and in addition to the Committees on Rules, Oversight and Government Reform, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Source: House floor actions

Apr 18, 2013IntroReferralH11100

Referred to the Committee on the Budget, and in addition to the Committees on Rules, Oversight and Government Reform, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Source: House floor actions

Apr 18, 2013IntroReferralIntro-H

Introduced in House

Source: Library of Congress

Apr 18, 2013IntroReferral1000

Introduced in House

Source: Library of Congress

Introduced in House· Apr 18, 20130

Budget Process Improvement Act of 2013 - Amends the Congressional Budget Act of 1974 (CBA) to require: (1) the Director of the Congressional Budget Office (CBO) to include a descriptive analysis for the second decade budget impact of a measure when submitting a cost estimate of it, and (2) the Joint Committee on Taxation (JCT) to provide such an analysis when its submitting revenue estimates to CBO.

Requires the Office of Management and Budget (OMB) to publish a report on the size, scope, risk, and cost of the contingent federal liabilities, including the implicit guarantees to government sponsored enterprises (GSEs) such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Requires the Secretary of the Treasury to conduct performance reviews of JCT-identified tax expenditures on an ongoing basis.

Requires OMB to: (1) develop a proposal for the implementation of an accrual-based accounting system for certain portions of the budget, and (2) report to Congress on legislation necessary to implement such system.

Requires the JCT to publish a report that projects annual federal revenues by source over the next 10 fiscal years and includes a discussion of the assumptions used to project such revenues.

Amends the CBA to require: (1) biennial (instead of annual) budget resolutions, (2) biennial appropriations Acts, and (3) biennial government strategic and performance plans.

Makes conforming amendments to the Rules of the House of Representatives.

Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year.

Requires: (1) a federal agency, upon request by a congressional committee, to provide appropriate information regarding its appropriations requests and program administration; (2) the Comptroller General to furnish to such committee summaries of any audits or reviews of such program which the Comptroller General has completed during the preceding six years; and (3) the Comptroller General, Director of the Congressional Budget Office (CBO), and the Director of the Congressional Research Service (CRS) to furnish such committee appropriate information, studies, analyses, and reports.

Requires the Director of the Office of Management and Budget (OMB) to determine and report to Congress on the impact and feasibility of changing the definition of a fiscal year, and the budget process based on that definition, to a two-year fiscal period with a biennial budget process based on such period.

Requires the President's budget submission for FY2016 to include: (1) an identification of the budget accounts for which an appropriation should be made for each fiscal year of the FY2016-FY2017 biennium, and (2) budget authority that should be provided for each such fiscal year for the budget accounts.

Directs: (1) the House and Senate committees, during the first session of the 114th Congress, to work with the Comptroller General to develop plans to transition program authorizations to a multi-year schedule; and (2) the Comptroller General, during such Congress, to continue to provide assistance to Congress with respect to programmatic oversight, and in particular to assist the congressional committees in designing and conforming programmatic oversight procedures for FY2016-FY2017 biennium.

Ways and Means Committee

House· Standing

Oversight and Accountability Committee

House· Standing

Rules Committee

House· Standing

Budget Committee

House· Standing
Accounting and auditingAppropriationsBudget deficits and national debtBudget processCongressional committeesCongressional oversightGovernment studies and investigationsHouse Committee on the BudgetIncome tax creditsIncome tax deductionsIncome tax deferralIncome tax exclusionLegislative rules and procedurePerformance measurementSenate Committee on the Budget

Introduced in House

Apr 18, 2013

Budget Process Improvement Act of 2013 — Informed