|Budget Modernization Act|
|Short Title||Budget Modernization Act|
|Long Title|| A Law to reform the budget process by creating a discretionary and non-discretionary budget and requiring
discretionary approval once every trimester.
|Enacted||December 7, 2015|
|Effective||January 15, 2015|
|UTC Parts(s) Amended||1 UTC, 4 UTC, 5 UTC, 6 UTC, 7 UTC, 9 UTC, 10 UTC, 11 UTC, 12 UTC, 14 UTC, 18 UTC, 20 UTC|
The Budget Modernization Act was proposed by Head of the Treasury John Brayer to help streamline the budgetary process in the Universal Triumvirate by passing a trimester budget each trimester instead of amending the Universal Triumvirate Code whenever a budget needed to be changed.