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2 Budget Cycle Budget Legislation Team3
2 Budget Cycle Budget Legislation Team3
BUDGET LEGISLATION
TEAM 3 – BSA 3C
TEAM 3
▰ Armintia, Aileene S.
▰ Carasco, Aira Danica S.
▰ De Guzman, Arianne Y.
▰ Fernandez, Mary Lei M.
▰ Jose, Alyssa Ashley DC.
▰ Mendoza, Francesca Mikaela T.
▰ Reginalde, Ray Russel L.
▰ Torres, Rydan P.
▰ Yabut, Joana Joy C.
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BUDGET LEGISLATION
TEAM 3 – BSA 3C
BUDGET LEGISLATION
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House Deliberations
Senate Deliberations
Bicameral Deliberations
President’s Deliberations
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HOUSE DELIBERATIONS
After transmission, the Senate holds its own committee hearings on the GAB.
These ordinarily start once the Senate receives the GAB from the House of
Representatives. Conversely, for practicality, hearings in the Senate start even as
Representative’s deliberations are ongoing.
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BICAMERAL DELIBERATIONS
After deliberations in both houses are finished, a committee called the Bicameral
Conference Committee is formed to harmonize any conflicts between the
Representatives and Senate versions of the GAB.
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PRESIDENT’S ENACTMENT
The enrolled copy of the GAB is forwarded to the President for signing. The
signed appropriations bill is finally enacted into a law which is termed as the
General Appropriations Act (GAA).
Before enactment though, the President may exercise his veto power as conferred
to him under the Philippine Constitution.
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RELEVANT PROVISION
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Article VI, Section 25 ( 4)
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Article VI, Section 25 ( 5)
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Article VI, Section 25 ( 7)
If, by the end of any fiscal year, the Congress shall have failed to
pass the general appropriations bill for the ensuing fiscal year,
the general appropriations law for the preceding fiscal year shall
be deemed reenacted and shall remain in force and effect until
the general appropriations bill is passed by the Congress.
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APPROVED BUDGET
TEAM 3 – BSA 3C
APPROVED BUDGET
TEAM 3 – BSA 3C
APPROPRIATION
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NEW GENERAL APPROPRIATIONS
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CONTINUING APPROPRIATIONS
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SUPPLEMENTAL APPROPRIATIONS
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AUTOMATIC APPROPRIATIONS
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UNPROGRAMMED FUNDS
Unprogrammed Funds are standby appropriations for priority programs or projects of the
government. The utilization of Unprogrammed Funds may be approved if any of the following
New revenues not included in the original revenue targets are successfully generated,
or
Foreign loan proceeds are generated for newly approved projects covered by
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REVOLVING FUNDS
UACS CODE 07
SELF-LIQUIDATING
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TRUST RECEIPTS
UACS CODE 08
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QUESTIONS
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THANK YOU FOR
LISTENING!
TEAM 3 – BSA 3C