SAP Act of 2024

Bill: 118-s-4662
Sponsor: full_name: Sen. Braun, Mike [R-IN]
Introduced: 2024-07-10
Policy area: Economics and Public Finance
Latest action: action_date: 2024-07-10
text: Read twice and referred to the Committee on the Budget.

Summaries:

tv_txt: II 118th CONGRESS 2d Session S. 4662 IN THE SENATE OF THE UNITED STATES July 10, 2024 Mr. Braun (for himself and Mr. Marshall ) introduced the following bill; which was read twice and referred to the Committee on the Budget A BILL To strengthen congressional oversight of the Administrative Pay-As-You-Go Act of 2023, and for other purposes.

1. Short title This Act may be cited as the Strengthening Administrative PAYGO Act of 2024 or the SAP Act of 2024 . 2. Congressional oversight of Administrative Pay-As-You-Go Act of 2023 (a) Waiver Section 265 of the Administrative Pay-As-You-Go Act of 2023 ( 5 U.S.C. 551 note) is amended by adding at the end the following: (c) Submission to Budget Committees The Director shall submit to the Committee on the Budget of the Senate and the Committee on the Budget of the House of Representatives— (1) any waiver determination under subsection (a); (2) a detailed explanation of why the waiver was necessary; and (3) an estimate of the budgetary effects of the covered discretionary administrative action with respect to which the waiver was made. . (b) Exemption Section 266 of such Act is amended to read as follows: 266. Application (a) In general This title shall apply to any administrative action that increases direct spending by not less than— (1) $1,000,000,000 over the 10-year period beginning with the current year; or (2) $100,000,000 in any year during such 10-year period. (b) Review With respect to any covered discretionary administrative action to which this title does not apply under subsection (a), the Director shall submit to the Committee on the Budget of the Senate, the Committee on the Budget of the House of Representatives, and the Comptroller General of the United States an estimate of the budgetary effects of the covered discretionary administrative action. . (c) Statement of purpose with respect to budget neutrality Section 261 of such Act is amended to read as follows: 261. Short title; purpose (a) Short title This title may be cited as the Administrative Pay-As-You-Go Act of 2023 . (b) Purpose It is the purpose of this title to establish a budget neutral requirement for discretionary administrative actions of the executive branch that affect direct spending. . (d) Termination of sunset Such Act is amended— (1) by striking section 268; and (2) by redesignating sections 269 and 270 as sections 268 and 269, respectively. (e) Budget submission Section 1105(a) of title 31, United States Code, is amended by adding at the end the following: (40) the number of waiver determinations under section 265(a) of the Administrative Pay-As-You-Go Act of 2023 ( 5 U.S.C. 551 note)— (A) submitted during the prior fiscal year; (B) submitted during the first quarter of the current fiscal year; and (C) expected to be submitted— (i) during the second, third, and fourth quarters of the current fiscal year; and (ii) during the fiscal year for which the budget is submitted. . (f) Technical and conforming amendment The table of contents in section 2 of the Fiscal Responsibility Act of 2023 ( Public Law 118–5 ; 137 Stat. 10) is amended— (1) by striking the item relating to section 261 and inserting the following: Sec. 261. Short title; purpose. ; (2) by striking the item relating to section 266 and inserting the following: Sec. 266. Application. ; and (3) by striking the items relating to sections 268, 269, and 270 and inserting the following: Sec. 268. GAO report. Sec. 269. Congressional Review Act compliance assessment. .