§114e. Sec. 304. Permissible revisions of concurrent resolutions on the budget. (As Enacted)

CBA, as Enacted (Contents)

Congressional Budget Act of 1974

Section 304, as Enacted

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Permissible revisions of concurrent resolutions on the budget

Sec. 304. At any time after the first concurrent resolution on the budget for a fiscal year has been agreed to pursuant to section 301, and before the end of such fiscal year, the two Houses may adopt a concurrent resolution on the budget which revises the concurrent resolution on the budget for such fiscal year most recently agreed to.

 

 

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Section 303 (CBA, as Enacted)

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Section 305 (CBA, as Enacted)
Counsel Notes
JOINT EXPLANATORY STATEMENT OF CONFERENCE COMMITTEE

The managers on the part of the House and the Senate of the conference of the two Houses on the amendments of the Senate to the bill (H.R. 7130) issued an explanatory statement of the legislation. This was included in a House Budget Committee print in 1975 after the bill’s enactment. It included the following description of this section:

Section 304. Permissible Revisions

The House and Senate versions authorized the adoption of additional budget resolutions.

The conference substitute contains the authority to adopt additional budget resolutions during the fiscal year. The managers expect that in addition to the two concurrent resolutions required in May and September, Congress may adopt at least one additional resolution each year, either in conjunction with its consideration of supplemental appropriations or pursuant to the issuance of updated figures for the current fiscal year in the President’s budget. Furthermore, whenever there are sharp revisions in the revenue or spending estimates or major developments in the economy it is expected that Congress would review its latest budget resolution and consider possible revisions.

[Joint Explanatory Statement on the Committee of Conference on H.R. 7130; (Committee Print), Committee on the Budget, House of Representatives, 93d Congress, 2d Session, Washington D.C. 1975.]

Current Section

Section 304. Permissible Revisions of Concurrent Resolutions on the Budget

Classification to the U.S. Code

This section was formerly classified to 31 U.S.C. 1325.

Legislative History Notes
Public Laws

Pub. L. 93–344, §304, July 12, 1974, 88 Stat. 310. The Congressional Budget and Impoundment Control Act of 1974 enacted this section into law. 

Revision of title 31 of the u.s. code

Most of the Congressional Budget Act of 1974 was classified to Title 31 of the U.S. Code but has since been transferred either to title 2 (The Congress) or to a revised Title 31. See the following for more information: 

 

 

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Section 303 (CBA, as Enacted)

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[BCR § 114e]