Summary: H.R.3732 — 102nd Congress (1991-1992)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Reported to House amended, Part II (03/04/1992)

Budget Process Reform Act of 1992 - Amends the Congressional Budget Act of 1974 to: (1) eliminate the division of FY 1993 discretionary appropriations into three categories (defense, international, and domestic); and (2) consolidate them into a single limit for budget authority and outlays.

Directs the Office of Management and Budget to apply to the new single limit for FY 1993 any adjustments made to such spending limits before enactment of this Act under the sequestration provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).

Requires the President to report revised discretionary spending limits for FY 1993 to the Congress by the fifth day after enactment of this Act.