Difference between revisions of "Budget authority"
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| − | + | '''Budget authority''' is authority provided by law to enter into obligations that will result in outlays of [[Federal]] funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of [[congressional]] action (current or permanent), or by the manner of determining the amount available (definite or indefinite).<ref>https://www.senate.gov/pagelayout/reference/b_three_sections_with_teasers/glossary.htm</ref> | |
| − | == References == | + | ==References== |
| − | + | {{reflist}} | |
| − | |||
[[Category:United States Constitution]] | [[Category:United States Constitution]] | ||
[[Category:United States Law]] | [[Category:United States Law]] | ||
Latest revision as of 14:02, September 26, 2018
Budget authority is authority provided by law to enter into obligations that will result in outlays of Federal funds. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of congressional action (current or permanent), or by the manner of determining the amount available (definite or indefinite).[1]