Paygo Legislation
Summary
The term “paygo legislation” is found in the Statutory Pay-As-You-Go Act of 2010 and means those enacted bills or joint resolutions that have an effect on the increasing or decreasing the deficit.
Definition Included in Section 3(7) of the Statutory Pay-As-You-Go Act of 2010
(7) The term “PAYGO legislation” or a “PAYGO Act” refers to a bill or joint resolution that affects direct spending or revenue relative to the baseline. The budgetary effects of changes in revenues and outyear modifications to substantive law included in appropriation Acts as defined in paragraph (4) shall be treated as if they were contained in PAYGO legislation or a PAYGO Act.
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Budget Counsel 