Comprehensive Budget Process Reform Act of 1992

[AI summary unavailable — showing source text] Comprehensive Budget Process Reform Act of 1992 - Title I: Balanced Budget with Enforcement; Mandatory Consideration of President's Budget - Amends the Congressional Budget Act of 1974 to revise the Federal and congressional budget processes by establishing a two-year budgeting and appropriations cycle and timetable, beginning in the 103d Congress. Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year. Title II: Biennial Budget - Devotes the first session of any Congress to the budget resolution and to appropriations decisions, retaining current deadlines in most cases. Changes relevant deadlines as follows to conform to the biennial scheme: (1) from April 1 to March 31 for the Senate Budget Committee's report on the concurrent resolution on the budget; (2) from June 15 to September 30 for completion of congressional action on reconciliation legislation; and (3) from June 30 to September 30 for completion of congressional action on appropriations bills. Adds the reporting dates for OMB to report on the surplus/deficit. Devotes each second session to authorization activity, subject to deadlines of: (1) May 15 for the submissi…