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Bill > HR5214


US HR5214

US HR5214
Protecting Our Children's Future Act of 2018


summary

Introduced
03/08/2018
In Committee
03/08/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Protecting Our Children's Future Act of 2018 This bill amends the Congressional Budget Act of 1974 and other budget laws to make several changes to the federal budget process. The changes to the budget process include: converting the existing annual budget and appropriations process to a biennial process; changing the calendar period for the federal fiscal year (currently October 1 through September 30) to January 1 through December 31 beginning in 2020; requiring mandatory spending to be subject to the appropriations process beginning in FY2020, with exceptions for Social Security, Medicare, programs administered by the Department of Veterans Affairs, and TRICARE; requiring the baseline budget of each department or agency to be assumed to be zero and each proposed expenditure to be justified as if it were a new expenditure; requiring Congress to consider appropriations bills using procedures similar to the existing budget reconciliation process, which includes expedited procedures that prevent a filibuster and restrict amendments in the Senate; withholding pay for Members of Congress if the House and Senate have not jointly agreed to a congressional budget resolution by June 30 of the first year of a Congress; and repealing the existing discretionary spending limits and the sequestration process used to enforce the limits.

AI Summary

This bill, the Protecting Our Children's Future Act of 2018, makes several changes to the federal budget process. It converts the existing annual budget and appropriations process to a biennial process, changes the fiscal year calendar, requires mandatory spending to be subject to the appropriations process, implements zero-based budgeting, adopts reconciliation procedures for appropriations bills, repeals the discretionary spending limits and sequestration process, and requires Congress to agree to a budget resolution by June 30 or have their pay withheld.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Referred to the Committee on the Budget, and in addition to the Committees on Rules, Oversight and Government Reform, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 03/08/2018)

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