new budget authority
Defined in 1 dictionary — U.S. Code
United States Code
2 U.S.C. § 622 — in this section (4 versions over time)
The term “new budget authority” means, with respect to a fiscal year—
(i) budget authority that first becomes available for obligation in that year, including budget authority that becomes available in that year s 1 a result of a reappropriation; or
(ii) a change in any account in the availability of unobligated balances of budget authority carried over from a prior year, resulting from a provision of law first effective in that year;
2 U.S.C. § 900 — as used in this subchapter (5 versions over time)
The terms “budget authority”, “new budget authority”, “outlays”, and “deficit” have the meanings given to such terms in section 3 of the Congressional Budget and Impoundment Control Act of 1974 [2 U.S.C. 622] and “discretionary spending limit” shall mean the amounts specified in section 901 of this title.