H.R. 5738: No Budget, No Pay Act

This bill, known as the No Budget, No Pay Act, aims to tie the salaries of Members of Congress to the timely approval of the federal budget and appropriations bills. Here are the key points of the bill:

Requirements for Budget Approval

By October 1 of each fiscal year, both the House of Representatives and the Senate must:

• Approve a concurrent resolution on the budget for that fiscal year.
• Pass all regular appropriations bills for that fiscal year.

Consequences for Non-Compliance

If Congress does not meet the aforementioned requirements:

• No funds will be available from the U.S. Treasury to pay Members of Congress for the period during which they did not comply.
• Members of Congress will not receive any retroactive pay for periods when they are not in compliance.

Certification Process

To enforce these provisions:

• The Secretary of the Senate and the Chief Administrative Officer of the House will request certifications concerning compliance with budgetary requirements.
• Budget and Appropriations Chairs in both the House and Senate will determine whether Congress met the budgetary requirements and report on any periods of non-compliance.

Effective Date

This bill is set to take effect on September 29, 2027.

Summary of Implications

The No Budget, No Pay Act seeks to encourage timely budgeting by impacting the pay of Members of Congress, effectively linking their compensation to their ability to approve the federal budget and appropriations by the established deadlines.

Relevant Companies

None found