Budget Legislation
/ˈbʌdʒɪt ˌlɛdʒɪsˈleɪʃən/
Definitions
- (n.) A legislative act that outlines the government’s anticipated revenue and planned expenditures for a specific fiscal period.
The parliament passed the budget legislation to allocate funds for public infrastructure projects.
- (n.) The statutory framework that authorizes and governs the collection and allocation of public funds.
Budget legislation ensures transparent management of taxpayer money.
Forms
- budget legislation
Related terms
See also
Commentary
Budget legislation often requires detailed drafting to balance revenue projections with expenditure priorities and ensure legal compliance with fiscal policies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.