S.Amdt. 291
What it does: Adds SEC. __. REPORTS ON LIABILITIES AND FUTURE COSTS at the end of subtitle A of title IIWhat it changes
1 change to S.Con.Res. 23 · shown in the resolution's text
Adds SEC. __. REPORTS ON LIABILITIES AND FUTURE COSTS at the end of subtitle A of title II
Adds a sectionIn S.Con.Res. 23 · Placed on Calendar Senate
(e) Sunset.--This section shall expire on September 30, 2008.
Inserted: SEC. __. REPORTS ON LIABILITIES AND FUTURE COSTS.
Inserted: Not later than the date the President submits the Federal budget each year, the Director of the Congressional Budget Office shall submit to Congress a report containing--
Inserted: (1) an estimate of the unfunded liabilities of the Federal Government;
Inserted: (2) an estimate of the contingent liabilities of Federal programs; and
Inserted: (3) an accrual-based estimate of the current and future costs of Federal programs.
Original wording
At the end of subtitle A of title II, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 291. Mr. VOINOVICH submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 23, setting forth the congressional budget for the United States Governments for fiscal year 2004 and including the appropriate budgetary levels for fiscal year 2003 and for fiscal years 2005 through 2013; which was ordered to lie on the table; as follows:
At the end of subtitle A of title II, insert the following:
SEC. __. REPORTS ON LIABILITIES AND FUTURE COSTS.
Not later than the date the President submits the Federal budget each year, the Director of the Congressional Budget Office shall submit to Congress a report containing--
(1) an estimate of the unfunded liabilities of the Federal Government;
(2) an estimate of the contingent liabilities of Federal programs; and
(3) an accrual-based estimate of the current and future costs of Federal programs.
Legislative Activity
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Senate amendment submitted
March 19, 2003