§008. BPLA §225. BEA90 Sec. 13201 (PAR)(713-715)

BPLA (Contents)

Budget Process Law Annotated (1993)

Budget Enforcement Act of 1990

TITLE XIII — BUDGET ENFORCEMENT

[Pages 713-715]
SEC. 13201. credit account.

(a) Credit Accounting.—Title V of the Congressional Budget Act of 1974 is amended to read as follows:

[“…”]1821

(b) Conforming Amendments.—

(1) Definition.—Section 3(2) of the Congressional Budget Act of 1974 is amended by adding at the end the following: The term includes the cost for direct loan and loan guarantee programs, as those terms are defined by title V”.

(2) Point of order for fiscal year 1991.—Effective January 1, 1991, for fiscal year 1991 only, section 302(f)(2) of the Congressional Budget Act of 1974 is amended by inserting after “new budget authority” the following: “or new credit authority”.

(3) Sunset of point of order in fiscal year 1992.—Effective for fiscal years beginning after September 30, 1991, section 302 of the Congressional Budget Act is [p. 714] amended—

(A) in subsection (a)(1)—

(i) by striking “total entitlement authority, and total credit authority” and inserting “and total entitlement authority”;

(ii) by striking “such entitlement authority, or such credit authority” and inserting “or such entitlement authority”; and

(iii) by striking “entitlement authority, and credit authority” and inserting “and entitlement authority”;

(B) in subsection (a)(2), by striking “total budget outlays, total new budget authority and new credit authority” and inserting “total budget outlays and total new budget authority”;

(C) in subsection (b)(1)(A), by striking “budget outlays, new budget authority, and new credit authority” and inserting “budget outlays and new budget authority”;

(D) in subsection (c)—

(i) in paragraph (1), by inserting “or” at the end thereof; and

(ii) by striking “or (3) new credit authority for a fiscal year,”; and

(E) in subsection (f)(1)—

(i) by striking “year, new entitlement [p. 715] authority effective during such fiscal year, or new credit authority for such fiscal year,” and inserting “year or new entitlement authority effective during such fiscal year,”; and

(ii) by striking “authority, new entitlement authority, or new credit authority” and inserting “authority or new entitlement authority”.

1821. See supra pp 273-298.

 

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