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HR 1442 110th Congress House Economics and Public Finance Appropriations Employee benefit plans Federal budgets Federal employees Government Operations and Politics Housing and Community Development Housing subsidies Indexing (Economic policy) Inflation Off-budget expenditures Public housing Salaries Social Welfare Supplemental appropriations Wages

Zero Baseline Budget Act of 2007

Introduced: March 9, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 9, 2007
Referred to the House Committee on the Budget.
Mar 9, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Zero Baseline Budget Act of 2007 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to eliminate sequential and cumulative adjustments for inflation from Congressional Budget Office (CBO) baseline projections for discretionary appropriations with respect to: (1) expiring housing contracts and social insurance administrative expenses; (2) offset pay absorption and pay annualization; (3) inflation; and (4) any accounting for changes required by law in the level of agency payments for personnel benefits other than pay.

Exempts from the requirement that budgetary resources (other than unobligated balances) be at the level available in the current year any resources designated as an emergency requirement or provided in supplemental appropriations laws.

Prohibits adjustments for inflation or any other factor.

Amends the Act to extend indefinitely the formula used to calculate the baseline.

What's happening now March 9, 2007

Referred to the House Committee on the Budget.

 Committees of jurisdiction 1