S.877 - Biennial Budgeting and Appropriations Act109th Congress (2005-2006)
|Sponsor:||Sen. Domenici, Pete V. [R-NM] (Introduced 04/21/2005)|
|Committees:||Senate - Budget|
|Latest Action:||04/21/2005 Read twice and referred to the Committee on the Budget. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Subject — Policy Area:
- Economics and Public Finance
- View subjects
Summary: S.877 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in Senate (04/21/2005)
Biennial Budgeting and Appropriations Act- Amends the Congressional Budget Act of 1974 to require: (1) biennial (currently, annual) budget resolutions; (2) biennial appropriations Acts; and (3) biennial Government strategic and performance plans.
Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year.
Requires the Director of the Office of Management and Budget to: (1) determine the impact and feasibility of changing the definition of a fiscal year and the budget process based on that definition to a two-year fiscal period with a biennial budget process based on such period; and (2) report the findings to the House and Senate Budget Committees.