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1 1 (March 20, 2008)

handle is hein.crs/crsaavg0001 and id is 1 raw text is: Order Code 98-472 GOV Updated March 20, 2008 The Congressional Budget Process Timetable Bill Heniff Jr. Analyst on the Congress and Legislative Process Government and Finance Division The Congressional Budget Act of 1974 (Titles I-IX of P.L. 93-344, 2 U.S.C. 601- 688) established the congressional budget process, which coordinates the legislative activities on the budget resolution, appropriations bills, reconciliation legislation, revenue measures, and other budgetary legislation. Section 300 of this act provides a timetable (see Table 1) intended to ensure that Congress completes its work on budgetary legislation by the start of the fiscal year on October 1. For more information on the budget process, see the CRS Guides to Congressional Processes at [http://www.crs.gov/products/guides/guidehome.shtml]. Table 1. The Congressional Budget Process Timetable Date Action First Monday in February President submits budget to Congress. February 15 Congressional Budget Office submits economic and budget outlook report to Budget Committees. Six weeks after President Committees submit views and estimates to Budget Committees. submits budget April 1 Senate Budget Committee reports budget resolution. April 15 Congress completes action on budget resolution. May 15 Annual appropriations bills may be considered in the House, even if action on budget resolution has not been completed. June 10 House Appropriations Committee reports last annual appropriations bill. June 15 Congress completes action on reconciliation legislation (if required by budget resolution). June 30 House completes action on annual appropriations bills. July 15 President submits mid-session review of his budget to Congress. October 1 Fiscal year begins. Source: Section 300 of the Congressional Budget Act of 1974, as amended (P.L. 93-344, 2 U.S.C. 631).

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