Budget Procedures Improvement Act of 1982

[AI summary unavailable — showing source text] Budget Procedures Improvement Act of 1982 - Declares that the purpose of this Act is to establish a more thorough and timely process for the adoption of the Federal budget. Amends the Congressional Budget Act of 1974 to revise the timetable with respect to the congressional budget process to provide for a two-year budget cycle, beginning with the Ninety-eighth Congress. Defines the term 'two-fiscal-year budget period' to be the period of two consecutive fiscal years beginning on October 1 of any even-numbered year. Requires the Director of the Congressional Budget Office, on or before April 15 of each odd-numbered year, to transmit to the Committee on the Budget of the House and of the Senate a fiscal policy report for each fiscal year in the succeeding two-fiscal-year budget period. Requires the Director, on March 31 of each even-numbered year, to transmit to such Committees any revisions necessary thanks to changing economic conditions or to any revisions in the President's budget. Requires Congress to complete action on the first concurrent resolution on the budget by July 31 of each odd-numbered year. Makes it out of order in either the Senate or the House to consider any first…