Sunset Act

[AI summary unavailable — showing source text] Sunset Act - Title I: Authorizations of New Budget Authority - Sets forth a five-year schedule for review and reauthorization of all Federal programs according to budget function and subfunction as set forth in the Budget of the United States Government for fiscal year 1977. States that no program not specifically reauthorized by Congress pursuant to this Act shall continue to function after the review date set forth in such schedule. Excepts from the requirements of this Act specified programs such as health care services, general retirement and disability insurance, and Federal employment retirement and disability payments. Permits legislation authorizing Federal program review more often than every five years as required by this Act. Requires the Comptroller General to identify for Congress for each program being reviewed the type of budget authority such program has and those inactive programs for which no outlays have been made during fiscal years 1976 and 1977. Title II: Review of Programs - Requires the authorizing committees of the Senate and House of Representatives to conduct "sunset reviews" of all programs prior to the review date applicable to such program and to issue…