SEC. 2. THE JOINT COMMISSION ON BUDGET PROCESS RE-
FORM. 
(a) ESTABLISHMENT.—There is established is an 
independent commission to be known as the Joint Com-
mission on Budget Process Reform (hereafter referred to 
as the ‘‘joint commission’’). 
(b) DUTIES.—The joint commission shall carry out 
the following duties: 
(1) Studying procedures on the budget and 
Federal expenditures. 
(2) Conducting at least four public hearings to 
examine potential budget process reforms before dis-
solution of the joint commission. 
(3) Seeking recommendations from economists, 
experts, Members of Congress, Federal agencies, 
educational institutions, State legislatures, and pri-
vate organizations on ways to reform the congres-
sional budget process. 
(4) Drafting a bill that amends the Congres-
sional Budget and Impoundment Control Act of 
1974 (2 U.S.C. 621 et seq.). 
(5) Submitting a report to each House of Con-
gress containing the bill it recommends and such 
other matters it deems appropriate. 
(c) CONTENTS OF REPORT.—The joint commission 
shall examine the following issues and include a summary 
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of its findings respecting those issues in the report re-
quired under subsection (b)(5): 
(1) Potential changes and enforcement tools to 
ensure an on-time completion of the congressional 
budget process. 
(2) Procedures to address mandatory spending 
levels. 
(3) The impact of instituting long-term debt 
limits. 
(4) Procedures to increase inclusiveness and 
transparency in the congressional budget process. 
(5) The feasibility of a balanced budget amend-
ment. 
(6) The impact of a binding congressional 
budget. 
(7) The need to reauthorize the Congressional 
Budget Office in an effort to provide greater assist-
ance to the House and Senate Budget Committees. 
(8) The feasibility of changing the fiscal year 
from October 1st to January 1st so it aligns with 
the calendar year. 
(9) The examination of whether or not there 
should be term limits for members to serve on the 
Budget Committees of the House of Representatives 
and the Senate. 
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(10) The efficiency of annual budgeting in com-
parison to biennial budgeting. 
(d) APPOINTMENT.— 
(1) The joint commission shall be composed of 
the following 23 members: 
(A) The chair of the Committee on the 
Budget of the House of Representatives. 
(B) The ranking member of the Committee 
on the Budget of the House of Representatives. 
(C) The chair of the Committee on the 
Budget of the Senate. 
(D) The ranking member of the Committee 
on the Budget of the Senate. 
(E) The chair of the Committee on Appro-
priations of the House of Representatives. 
(F) The ranking member of the Committee 
on Appropriations of the House of Representa-
tives. 
(G) The chair of the Committee on Appro-
priations of the Senate. 
(H) The ranking member of the Com-
mittee on Appropriations of the Senate. 
(I) The chair of the Committee on Ways 
and Means of the House of Representatives. 
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(J) The ranking member of the Committee 
on Ways and Means of the House of Represent-
atives. 
(K) The chair of the Committee on Fi-
nance of the Senate. 
(L) The ranking member of the Committee 
on Finance of the Senate. 
(M) The Director of the Office of Manage-
ment and Budget. 
(N) The Secretary of the Treasury. 
(O) The Comptroller General. 
(P) Two Members of Congress nominated 
by the Speaker of the House of Representatives. 
(Q) Two Senators nominated by the Ma-
jority Leader. 
(R) Two Members nominated by the Mi-
nority Leader of the House of Representatives. 
(S) Two Senators nominated by the Minor-
ity Leader of the Senate. 
(2) The nominees shall be appointed not later 
than 30 days after the date of enactment of this 
Act. 
(3) Each member shall be appointed for the du-
ration of the commission. A vacancy in the joint 
commission shall not affect the power of the remain-
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ing members to execute the functions of the joint 
commission. A vacancy shall be filled in the manner 
in which the original appointments were made. 
(e) CHAIR.—The joint commission at its first meeting 
shall elect a member of the commission who is a legislator 
to serve as chair of the joint commission. 
(f) DIRECTOR OF STAFF.—The chair of the Joint 
Commission on Budget Process Reform shall appoint a 
Director, who shall be paid at the rate of basic pay payable 
for level IV of the Executive Schedule under section 5315 
of title 5, United States Code. 
(g) STAFF.—(1) The Staff Director, with the ap-
proval of the commission, the Director may appoint and 
fix the pay of additional personnel. 
(2) Upon the request of the Director of Staff, the 
head of any Federal department or agency may detail any 
of the personnel of that department or agency to the Com-
mission to assist the commission in carrying out its duties 
under this Act. 
(3) The following restrictions relating to the per-
sonnel of the Commission shall apply to the staff of the 
commission: 
(A) There may not be more than 15 persons on 
the staff at one time. 
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