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LegalText 2 U.S.C. § 655 Off-budget agencies, programs, and activities us united_states_code code_section 2 THE CONGRESS 17A CONGRESSIONAL BUDGET AND FISCAL OPERATIONS 655 2 U.S.C. § 655 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc02@119-100.zip /us/usc/t2/s655 data/legal/raw/us/code/title-02/usc02.xml b7ca42a76f32c1a4fe2fabaf4645625b22318285a129b8c62b8b9d26eb6a39bd ec6910a011de0a97d11b263bbcd649766188311e429ae6bdb5fc2cf5e6ebbb9e 8a21094a38e1216a20fdbf185d44a3e38ed7c9dd715046c62552a3919be89c72 2026-07-04 official
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2 U.S.C. § 655 - Off-budget agencies, programs, and activities

Text

(a) Notwithstanding any other provision of law, budget authority, credit authority, and estimates of outlays and receipts for activities of the Federal budget which are off-budget immediately prior to December 12, 1985, not including activities of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds, shall be included in a budget submitted pursuant to section 1105 of title 31 and in a concurrent resolution on the budget reported pursuant to section 632 or section 635 of this title and shall be considered, for purposes of this Act, budget authority, outlays, and spending authority in accordance with definitions set forth in this Act.

(b) All receipts and disbursements of the Federal Financing Bank with respect to any obligations which are issued, sold, or guaranteed by a Federal agency shall be treated as a means of financing such agency for purposes of section 1105 of title 31 and for purposes of this Act.

(Pub. L. 93344, title IV, § 405, formerly § 406, as added Pub. L. 99177, title II, § 214, Dec. 12, 1985, 99 Stat. 1059; renumbered § 405, Pub. L. 10533, title X, § 10116(c)(1), Aug. 5, 1997, 111 Stat. 692.)

Notes

Editorial Notes

References in TextThis Act, referred to in text, means Pub. L. 93344, July 12, 1974, 88 Stat. 297, known as the Congressional Budget and Impoundment Control Act of 1974, which enacted chapters 17, 17A, and 17B, and section 190a3 of this title and sections 11a, 11c, 11d, 1020a of former Title 31, Money and Finance, amended sections 11, 665, 701, 1020, 1151, 1152, 1153, and 1154 of former Title 31, section 105 of Title 1, General Provisions, sections 190b and 190d of this title, repealed sections 571 and 581c1 of former Title 31, and sections 66 and 81 of this title, and enacted provisions set out as notes under sections 190a1, 621, 632, and 682 of this title, section 105 of Title 1, and section 1020 of former Title 31. For complete classification of this Act to the Code, see Short Title note set out under section 621 of this title and Tables.

Prior ProvisionsA prior section 405 of Pub. L. 93344 was renumbered section 404 and is classified to section 654 of this title.

Statutory Notes and Related Subsidiaries

Effective DateSection effective Dec. 12, 1985, and applicable with respect to fiscal years beginning after Sept. 30, 1985, see section 275(a)(1) of Pub. L. 99177, formerly set out as an Effective and Termination Dates note under section 900 of this title prior to repeal by Pub. L. 11225, title I, § 104(a), Aug. 2, 2011, 125 Stat. 246.