estimates to Budget Committees. April 1 Senate Budget Committee reports concurrent resolution on the budget. April 15 Congress completes action on concurrent resolution on the budget. May 15 Committees submit direct spending and revenue line items and any recommendations to Committees on Appropriations. June 10 House appropriations Committee reports annual budget Act. June 30 House completes action on annual budget Act. October 1 Fiscal year begins. . 5. Annual adoption of concurrent resolution on the budget (a) In general Section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ) is amended— (1) in subsection (a), in the matter following paragraph (7)— (A) by striking resolution shall not and inserting resolution shall