No Budget, No Pay Act

HR 5738, the "No Budget, No Pay Act," requires Congress to approve a budget resolution and pass all annual appropriations bills by October 1 each fiscal year. If Congress misses this deadline, members of Congress (excluding the Vice President) lose pay for the period of non-compliance, as determined by the House and Senate Budget and Appropriations Chairs. The bill specifies that no retroactive pay is allowed for any period during which Congress was out of compliance. This directly affects all elected members of Congress by linking their pay to timely budget passage, creating a financial incentive for meeting the October 1 deadline.