§652. Legislation providing new credit authority

(a) Controls on legislation providing new credit authority

It shall not be in order in either the House of Representatives or the Senate to consider any bill, joint resolution, amendment, motion, or conference report, as reported to its House, which provides new credit authority described in subsection (b)(1) of this section, unless that bill, resolution, conference report, or amendment also provides that such new credit authority is to be effective for any fiscal year only to such extent or in such amounts as are provided in appropriation Acts.

(b) "New credit authority" defined

For purposes of this Act, the term "new credit authority" means credit authority (as defined in section 622(10) of this title) not provided by law on the effective date of this section, including any increase in or addition to credit authority provided by law on such date.

( Pub. L. 93–344, title IV, §402, July 12, 1974, 88 Stat. 318 ; Pub. L. 99–177, title II, §212, Dec. 12, 1985, 99 Stat. 1058 ; Pub. L. 101–508, title XIII, §13207(a)(1)(H), Nov. 5, 1990, 104 Stat. 1388–618 .)

References in Text

This Act, referred to in subsec. (b), means Pub. L. 93–344, July 12, 1974, 88 Stat. 297 , as amended, known as the Congressional Budget and Impoundment Control Act of 1974, which enacted chapters 17, 17A, and 17B, and section 190a–3 of this title and sections 11a, 11c, 11d, 1020a of former Title 31, Money and Finance, amended sections 11, 665, 701, 1020, 1151, 1152, 1153, and 1154 of former Title 31, section 105 of Title 1, General Provisions, sections 190b and 190d of this title, repealed sections 571 and 581c–1 of former Title 31 and sections 66 and 81 of this title, and enacted provisions set out as notes under sections 190a–1, 621, 632, and 682 of this title, section 105 of Title 1, and section 1020 of former Title 31. For complete classification of this Act to the Code, see Short Title note set out under section 621 of this title and Tables.

The effective date of this section, referred to in subsec. (b), probably refers to Feb. 1, 1986, the date on which the amendment of this section by section 212 of Pub. L. 99–177 became effective. See section 275(a)(2)(B) of Pub. L. 99–177, set out as a note under section 631 of this title.

Codification

Section was formerly classified to section 1352 of Title 31 prior to the general revision and enactment of Title 31, Money and Finance, by Pub. L. 97–258, §1, Sept. 13, 1982, 96 Stat. 877 .

Amendments

1990-Subsec. (a). Pub. L. 101–508 substituted "bill, joint resolution, amendment, motion, or conference report" for "bill, resolution, or conference report" and struck out "or any amendment" after "as reported to its House,".

1985-Pub. L. 99–177 substituted "Legislation providing new credit authority" for "Reporting of authorizing legislation" in section catchline.

Subsec. (a). Pub. L. 99–177 substituted provisions relating to controls on legislation providing new credit authority, for provisions relating to the required reporting date for legislation authorizing new budget authority.

Subsec. (b). Pub. L. 99–177 substituted provisions defining "new credit authority", for provisions relating to emergency waiver in the House of reporting requirements under subsec. (a).

Subsec. (c). Pub. L. 99–177 struck out subsec. (c) which related to waiver of reporting requirements in the Senate.

Subsec. (d). Pub. L. 99–177 struck out subsec. (d) which related to consideration of certain bills and resolutions received from other House.

Subsec. (e). Pub. L. 99–177 struck out subsec. (e) which related to inapplicability of subsec. (a) to new spending or budget authority.

Subsec. (f). Pub. L. 99–177 struck out subsec. (f) which related to study of existing spending authority and permanent appropriations.

Effective Date of 1985 Amendment

Amendment by Pub. L. 99–177 effective Feb. 1, 1986, see section 275(a)(2)(B) of Pub. L. 99–177, set out as an Effective and Termination Dates note under section 900 of this title.

Effective Date

Section 905(c) of Pub. L. 93–344 provided that except as provided in section 906 of Pub. L. 93–344 (set out as a note under section 632 of this title) this section shall apply with respect to the fiscal year beginning on Oct. 1, 1976, and succeeding fiscal years.