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31 U.S.C. 1103: Budget ceilingText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 31-MONEY AND FINANCECHAPTER 11-THE BUDGET AND FISCAL, BUDGET, AND PROGRAM INFORMATION
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§1103. Budget ceiling

Congress reaffirms its commitment that budget outlays of the United States Government for a fiscal year may be not more than the receipts of the Government for that year.

( Pub. L. 97–258 , Sept. 13, 1982 , 96 Stat. 908 .)

Historical and Revision Notes

Revised Section

Source (U.S. Code)

Source (Statutes at Large)

1103

31:27.

Oct. 10, 1978, Pub. L. 95–435, § 7, 92 Stat. 1053; restated Oct. 7, 1980, Pub. L. 96–389, § 3, 94 Stat. 1553.

The word “total” is omitted as surplus. The words “for a fiscal year” are substituted for “beginning with Fiscal Year 1981” because of the restatement and to eliminate executed words. The words “for that year” are added because of the restatement.