new budget authority
Defined in 2 places of the United States Code.
New budget authority.—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;
and includes a change in the estimated level of new budget authority provided in indefinite amounts by existing law.
Source
- 1994–20152 U.S.C. § 622The Congress · Definitions · in this section
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;
Source
- 2013–present2 U.S.C. § 622The Congress · Definitions · in this section
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.
Source
- 1997–present2 U.S.C. § 900The Congress · Statement of budget enforcement through sequestration; definitions · as used in this subchapter
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] (but including the treatment specified in section 907(b)(3) of this title of the Hospital Insurance Trust Fund) and the terms “maximum deficit amount” and “discretionary spending limit” shall mean the amounts specified in section 601 of that Act [2 U.S.C. 665] as adjusted under sections 901 and 903 of this title.
Source
- 1994–19972 U.S.C. § 900The Congress · Statement of budget enforcement through sequestration; definitions · as used in this subchapter