; applicability. I Budget timeline and information 101. Revision of timetable Section 300 of the Congressional Budget Act of 1974 ( 2 U.S.C. 631 ) is amended to read as follows: 300. Timetable (a) In General Except as provided in subsection (b), the timetable with respect to the congressional budget process for any Congress is as follows: First Session On or before: Action to be completed: First Monday in February President submits budget recommendations. February 15 Congressional Budget Office submits report to the Committee on the Budget of the House of Representatives and the Committee on Fiscal Control and the Budget of the Senate. March 1 Committees submit views and estimates to the Committee on the Budget of the House of Representatives and the Committee on Fiscal Control and the Budget of the Senate. April 1 Committee on Fiscal Control and the Budget of the Senate reports concurrent resolution on the biennial budget. May 15 Congress completes action on concurrent resolution on the biennial budget. May 15 Appropriation bills may be considered in the House of Representatives. June 10 Committee on Appropriations of the House of Representatives reports last appropriation bill. June 30 House of Representatives completes action on appropriation bills. October 1 First fiscal year of biennium begins. December 1 President submits an administrative budget. Second Session On or before: Action to be completed: February 15 Congressional Budget Office submits report to the Committee on the Budget of the House of Representatives and the Committee on Fiscal Control and the Budget of the Senate. February 15 Congressional Budget Office releases report on achieving debt to GDP ratio. March 15 President submits budget update for the second fiscal year of the biennium. April 15 Committee on Fiscal Control and the Budget of the Senate reports a special reconciliation resolution. May 15 Committees submit recommendations for special reconciliation bill. May 15 Appropriation bills may be considered in the House of Representatives.