I
104TH CONGRESS
1ST SESSION
H. R. 767
To improve budgetary information by requiring that the unified budget pre-
sented by the President contain an operating budget and a capital
budget, distinguish between Federal funds and trust funds, and for
other purposes.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 1, 1995
Mr. CLINGER (for himself and Mr. WISE) introduced the following bill; which
was referred to the Committee on Government Reform and Oversight
and, in addition, to the Committee on Transportation and Infrastructure,
for a period to be subsequently determined by the Speaker, in each case
for consideration of such provisions as fall within the jurisdiction of the
committee concerned
A BILL
To improve budgetary information by requiring that the uni-
fied budget presented by the President contain an operat-
ing budget and a capital budget, distinguish between
Federal funds and trust funds, and for other purposes.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Federal Budget Struc-
ture Act of 1995’’.
SEC. 2. STATEMENT OF FINDING AND PURPOSE.
(a) STATEMENT OF FINDING.—Congress finds that
the existing budget obscures the distinctions between cap-
ital activities and operating activities, and between Fed-
eral funds and trust funds so as to hinder identifying the
resources needed to meet the Government’s needs.
(b) PURPOSE.—It is the purpose of this Act that the
unified budget present a capital budget and an operating
budget, and distinguish between Federal funds and trust
funds, in order to provide better and more relevant infor-
mation on the revenues, expenses, and financing require-
ments of Government programs and activities.
SEC. 3. CAPITAL AND OPERATING BUDGETS.
Title 31, United States Code, is amended by inserting
after section 1105 the following new section:
‘‘§ 1105a. Capital and operating budgets
‘‘(a)(1) The budget of the United States submitted
by the President under section 1105 of this title shall be
a unified budget composed of an operating budget and a
capital budget.
‘‘(2) Operating and capital budgets shall be presented
separately for total funds, Federal funds, and trust funds.
‘‘(b)(1) Actual, estimated, and proposed amounts
shall be presented for total funds, Federal funds, and trust
funds and, at a minimum, shall contain—
‘‘(A) for the operating budget the following: (i)
operating revenues, (ii) operating expenses, (iii) op-
erating surplus/deficit before interfund transfers,
(iv) interfund transfers, and (v) operating surplus/
deficit;
‘‘(B) for the capital budget the following: (i)
capital revenues, (ii) capital investments, (iii) net
capital investments, (iv) interfund transfers, and (v)
capital financing requirements;
‘‘(C) items not affecting funds; and
‘‘(D) unified budget financing requirements.
‘‘(2) The capital budget shall represent only the
major activities, projects, and programs which support the
acquisition, construction, alteration, and rehabilitation of
capital assets. All other activities, projects, and programs
shall be represented in the operating budget.
‘‘(c) In addition to the unified budget submitted by
the President as required by subsections (a) and (b) of
this section, the President shall present information in the
form required by subsection (b)(1) for accounts, agencies,
and functions, to the extent applicable.
‘‘(d) In this section—
‘‘(1) ‘unified budget’ means a budget in which
revenues and expenses for Federal funds and trust
funds are consolidated to display totals for the Fed-
eral Government as a whole;
‘‘(2) ‘trust funds’ means—
‘‘(A) the Federal Old-Age and Survivors
Insurance Trust Fund,
‘‘(B) the Federal Hospital Insurance Trust
Fund,
‘‘(C) the Civil Service Retirement and Dis-
ability Fund,
‘‘(D) the Military Retirement Fund,
‘‘(E) the Federal Supplementary Medical
Insurance Trust Fund,
‘‘(F) the Unemployment Trust Fund,
‘‘(G) the Federal Disability Insurance
Trust Fund, and
‘‘(H) such other funds or accounts of the
Government that the Director of the Office of
Management and Budget, in consultation with
the Comptroller General, determines should be
classified as trust funds in order to fulfill the
purpose of this section;
‘‘(3) ‘Federal funds’ includes all accounts of the
Government that are not trust funds;
‘‘(4) ‘total funds’ means Federal funds and
trust funds and represents the unified budget;
under section 1105a of this title and’’ after ‘‘includ-
ing’’; and
(2) by adding at the end thereof the following
new subsection:
‘‘(g) The Comptroller General shall review and report
to the Congress on the implementation of section 1105a
of this title as the Comptroller General deems necessary.
A review by the Comptroller General may include, but
need not be limited to, determining whether (1) the actual,
estimated, and proposed appropriations, receipts, and in-
vestments presented in the capital budget represent activi-
ties, functions, and programs which support the acquisi-
tion, construction, alteration, and rehabilitation of capital
assets, and (2) the classifications made by the Director
of the Office of Management and Budget under section
1105a(d)(2)(H) of this title further the purposes of sec-
tion 1105a.’’.
(b) CHAPTER ANALYSIS.—The analysis for chapter
11 of such title is amended by inserting after the item
relating to section 1105 the following:
‘‘1105a. Capital and operating budgets.’’.
SEC. 5. PUBLIC WORKS FINANCING INFORMATION.
Title VII of the Public Works and Economic Develop-
ment Act of 1965 (42 U.S.C. 3211–3226) is amended by
adding at the end thereof the following new section:
‘‘SEC. 717. PUBLIC WORKS FINANCING INFORMATION.
‘‘(a) TRANSPORTATION REPORTS.—Not later than
12 months after the date of the enactment of the Federal
Budget Structure Act of 1995, and annually thereafter,
the Secretary of Transportation shall report to the House
Committee on Transportation and Infrastructure and the
Senate Committee on Environment and Public Works, at
the account, function, and agency levels, the actual, esti-
mated, and proposed appropriations, receipts, and expend-
itures for capital activities and operating activities associ-
ated with the following:
‘‘(1) roadways and bridges;
‘‘(2) airports and airway facilities; and
‘‘(3) mass transportation systems.
‘‘(b) WATER POLLUTION REPORTS.—Not later than
12 months after the date of the enactment of the Federal
Budget Structure Act of 1995, and annually thereafter,
the Administrator of the Environmental Protection Agen-
cy shall report to the House Committee on Transportation
and Infrastructure and the Senate Committee on Environ-
ment and Public Works, at the account and function lev-
els, the actual, estimated, and proposed appropriations, re-
ceipts, and expenditures for capital activities and operat-
ing activities associated with waste water treatment and
related facilities.
‘‘(c) WATER RESOURCES REPORTS.—Not later than
12 months after the date of the enactment of the Federal
Budget Structure Act of 1995, and annually thereafter,
the Assistant Secretary of the Army for Civil Works shall
report to the House Committee on Transportation and In-
frastructure and the Senate Committee on Environment
and Public Works, at the account and function levels, the
actual, estimated, and proposed appropriations, receipts,
and expenditures for capital activities and operating ac-
tivities associated with water resource projects.
‘‘(d) PUBLIC BUILDINGS REPORTS.—Not later than
12 months after the date of the enactment of the Federal
Budget Structure Act of 1995, and annually thereafter,
the Administrator of the General Services Administration
shall report to the House Committee on Transportation
and Infrastructure and the Senate Committee on Environ-
ment and Public Works, at the account and function lev-
els, the actual, estimated, and proposed appropriations, re-
ceipts, and expenditures for capital activities and operat-
ing activities associated with public buildings.’’.
Æ