§932 Definitions and applications

Summary

Sets the meanings of key words used in the chapter and explains how to count budget changes for PAYGO rules. It says which outside definitions also apply and gives a few special changes. BBEDCA — the Balanced Budget and Emergency Deficit Control Act of 1985. Uses the definitions in section 622 and in section 250 of BBEDCA, except as changed here. Outyear — any fiscal year one or more years after the budget year. AMT — the Alternative Minimum Tax for individuals under sections 55–59 of title 26. EGTRRA — the Economic Growth and Tax Relief Reconciliation Act of 2001 (Public Law 107–16). JGTRRA — the Jobs and Growth Tax Relief and Reconciliation Act of 2003 (Public Law 108–27). Food stamp program reference in section 250(c)(8)(C) means the Supplemental Nutrition Assistance Program (SNAP). Budgetary effects — the change in direct spending or revenues versus the baseline, called “costs” if spending rises or revenue falls and “savings” if revenue rises or spending falls; debt service and off-budget items do not count. Appropriation Act changes that alter entitlement or mandatory spending in outyears are treated as budgetary effects unless their outlay effects net to zero over the current year, the budget year, and the four years after. Debit — the positive amount by which costs on the PAYGO scorecard exceed savings. Entitlement law — a law that creates an entitlement. PAYGO legislation — any bill or joint resolution that changes direct spending or revenue, including the appropriation-act items described above. Timing shift — moving outlays from the ninth outyear to the tenth, or moving revenues from the tenth outyear to the ninth.