S 1516 · 93th Congress · Economics and Public Finance
Legislative Priorities and Budget Reform Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Government Operations.(1973-04-10)
Plain Language Summary
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Legislative Priorities and Budget Reform Act - Title I: Senate and House on the Budget - Establishes special standing Senate and House Budget Committees. Provides that each Committee will have 21 members, at least ten of whom also serve on other specified standing committees. States that each Budget Committee will establish six standing subcommittees whose combined jurisdiction are co-extensive with that of the parent committees. Sets forth the duties and responsibilties of the staff director of these Committees. Provides that no later than October 1 of each year, all Federal departments and agencies must send to the Budget Committees their budget requests for the ensuing fiscal year, the justifications for the requests and estimates of and justifications for any new budget authority that are expected to be requested in any of the following four fiscal years. States that any budget-relevant information sent by a department or agency to the President or the Office of Management and Budget must also be concurrently sent to the Senate and house Budget Committees. Title II: Transmission of Budget; Recommendations of Joint Economic Committee - Requires that the President's annual budget…
Summarized by Claude AI · Non-partisan · For informational purposes only