Allowance in the United States

Allowance in the Federal Budget Process

Meaning of Allowance in the congressional and executive budget processes (GAO source): An amount included in the President’s budget request or included in a projection in a congressional resolution on the budget to cover possible additional proposals, such as contingencies for programs whose expenditures are controllable only by statutory change and other requirements. As used by Congress in the concurrent resolutions on the budget, an allowance represents a special functional classification designed to include an amount to cover possible requirements. An allowance remains undistributed until the contingency on which it is based occurs; then it is distributed to the appropriate functional classification. For agency budgetary accounting and fund control purposes, an allowance is a subdivision of an allotment. For treatment of undistributed allowances, see function 920 in the table “Outlays by Function and Subfunction” in the Historical Tables of the President’s budget. (For more details on the government accounting definition, see Standard General Ledger Chart of Accounts.) For federal proprietary accounting, an allowance also represents the estimated uncollectible amount of accounts receivable.

Allowance (Claims)

This section introduces, discusses and describes the basics of allowance. Then, cross references and a brief overview about Claims is provided. Finally, the subject of Bankruptcy Law in relation with allowance is examined. Note that a list of cross references, bibliography and other resources appears at the end of this entry.

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Allowance)
• Public Debt

Further Reading

• Legislatures and the budget process: the myth of fiscal control

  (J Wehner, 2010)

• Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
• Fiscal institutions and fiscal performance

  (JM Poterba, J von Hagen, 2008)

Mileage Allowance and Tax Law

There are more details about Mileage allowance in thetax compilation of the legal Encyclopedia.