S 2463
117th Congress
Senate
Economics and Public Finance
Appropriations
Budget deficits and national debt
Budget process
Congressional oversight
Executive agency funding and structure
A bill to require agencies submit zero-based budgets.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2021
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jul 22, 2021
Introduced in Senate
Plain-English summary
This bill requires federal agencies to submit zero-based budgets to the Office of Management and Budget and the congressional budget committees. A zero-based budget is a systematic budget analysis in which managers (1) examine current objectives, operations, and costs; (2) consider alternative ways of carrying out programs or activities; and (3) rank different programs or activities by order of importance.
The bill also requires federal agencies to submit recommendations for spending reductions of at least 2% from the previous year's levels. The Department of Defense and the National Nuclear Security Administration are exempt from this requirement.
What's happening now
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Committees of jurisdiction
1