Budget Responsibility and Efficiency Act of 2001
Conforms provisions of the Rules of the House of Representatives, provisions governing the President's budget, and requirements for certain strategic and performance plans and reports to the biennial framework.
Provides a point of order against any measure that contains a specific authorization of appropriations unless such authorization is for each fiscal year in a biennium.
Requires the President's budget submission for FY 2004 to identify budget accounts for which an appropriation should be made for each fiscal year of the FY 2004-2005 biennium. Directs congressional committees, during the 108th Congress, to work with the Comptroller General to develop plans to transition program authorizations to a multi-year schedule. Sets forth additional transition requirements.
Makes this Act applicable to budget resolutions and appropriations for the biennium beginning with FY 2006.
Placed on the Union Calendar, Calendar No. 176.