§ 1103. — Budget ceiling.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 31USC1103]
TITLE 31--MONEY AND FINANCE
SUBTITLE II--THE BUDGET PROCESS
CHAPTER 11--THE BUDGET AND FISCAL, BUDGET, AND PROGRAM INFORMATION
Sec. 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
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Revised Section Source (U.S. Code) Source (Statutes at Large)
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1103................................. 31:27. Oct. 10, 1978, Pub. L. 95-435, Sec. 7,
92 Stat. 1053; restated Oct. 7, 1980,
Pub. L. 96-389, Sec. 3, 94 Stat. 1553.
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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.
Section Referred to in Other Sections
This section is referred to in title 2 section 907a.
