Summary: S.2465 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for S.2465. Bill summaries are authored by CRS.

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Introduced in Senate (05/07/2002)

Budget Enforcement Act of 2002 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to extend through FY 2007 the discretionary spending limits (spending caps) for specified nondefense categories in new budget authority and outlays.

Extends the provisions of such Act for an additional five years, including the pay-as-you-go requirement. Prohibits sequestration in any surplus year.

Amends the Congressional Budget Act of 1974 concerning budget evasion points of order against legislation which evades specified budget enforcement mechanisms such as the discretionary spending limits, pay-as-you-go, and directed scoring.