Meaning of APPROPRIATION BILL in English

APPROPRIATION BILL

A (proposed) formal action by a legislative assembly (such as the U.S. Congress or a state legislature) that specifies exact amounts of the government's money that the Treasury may legally pay out (through new hiring, contracts for purchases, findings of individuals' eligibility for income transfer payments, etc.) for each of a list of particular pre-authorized programs carried out by governmental agencies over a specific period of time (normally one year).

[See also: authorization bill ]

English glossary of political economy terms.      Английский глоссарий политико-экономических терминов.