Glossary of Terms Relating to the Budget and Fiscal Provisions of the Legislative Reorganization Act of 1970

This document is a glossary of terms relating to the Legislative Reorganization Act of 1970. Title II of the Legislative Reorganization Act of 1970 (Public Law 91-510) enacted on October 26, 1970, requires the development and maintenance of standard classifications of programs, activities, receipts, and expenditures of Federal agencies and the development and maintenance of a standardized information and data processing system for budgetary and fiscal data. These systems are to be developed and maintained by the Secretary of the Treasury and the Director of the Office of Management and Budget in cooperation with the Comptroller General.

The purpose of this glossary is to provide those people working on these standard classifications and data system development a common reference source for terms relating to their daily work. 

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