<enum>I</enum><header>Cut</header> <section id="H6F8BF6546B5C4D95BDF9B83688EF45D4"><enum>101.</enum><header>Modification of the Congressional Budget Act</header><text display-inline="no-display-inline">Title III of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/631">2 U.S.C. 631 et seq.</external-xref>) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="H94DF95706A5F45C8A7737425E94AE026" style="OLC"> <section id="HFD8D2FA2C30B4939B8805B40D03E0C27"><enum>316.</enum><header>Spending limits</header> <subsection id="HCB0788EB6E4A4F44A0B81E136B92069E"><enum>(a)</enum><header>In general</header><text>It shall not be in order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, or conference report that would cause the spending limits as set forth in this section to be exceeded.</text> </subsection><subsection id="HC6B61402B45F4C6CB1D50AD751FAFB0B"><enum>(b)</enum><header>Limits</header><text>In this section, the term <term>spending limits</term> means for fiscal year 2016—</text> <paragraph id="id1F45D177667B425793AEC8B1E342E0FD"><enum>(1)</enum><text>$2,832,215,000,000 in new budget authority; and</text> </paragraph><paragraph id="id64257461DDCD447983E2AB8FB9F1F6A6"><enum>(2)</enum><text>$2,884,442,000,000 in outlays.</text> </paragraph></subsection><subsection id="H44E12DD82C3F44AE8A3FC1F13B0928AE"><enum>(c)</enum><header>Adjustments</header><text>After the reporting of a bill or joint resolution relating to the global war on terrorism described in subsection (d), or the offering of an amendment thereto or the submission of a conference report thereon—</text> <paragraph id="H5CE32769C96045F4AA048F1D3E52B9C5"><enum>(1)</enum><text>the chair of the House or Senate Committee on the Budget may adjust the spending limits provided in this section for purposes of congressional enforcement, the budgetary aggregates in the concurrent resolution on the budget most recently adopted by the Senate and the House of Representatives, and allocations pursuant to section 302(a) of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/633">2 U.S.C. 633(a)</external-xref>), by the amount of new budget authority in that measure for that purpose and the outlays flowing therefrom; and</text> </paragraph><paragraph id="H4AB407A05E874F7BBD6F09FD291C6DAC"><enum>(2)</enum><text>following any adjustment under paragraph (1), the House or Senate Committee on Appropriations may report appropriately revised suballocations pursuant to section 302(b) of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/633">2 U.S.C. 633(b)</external-xref>) to carry out this subsection.</text> </paragraph></subsection><subsection id="H50CEDAFB086C407B90002FE4FAFB172E"><enum>(d)</enum><header>Global war on terrorism</header><text display-inline="yes-display-inline">If a bill or joint resolution is reported making appropriations for fiscal year 2016 that designates amounts for Overseas Contingency Operations/Global War on Terrorism for purposes of section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/901">2 U.S.C. 901(b)(2)(A)</external-xref>), the allowable adjustments provided for in subsection (c) for fiscal year 2016 shall not exceed $58,000,000,000 in budget authority and the outlays flowing therefrom.</text> </subsection></section><section id="H8EFD014CBD3B4E289556D708BB1480E5"><enum>317.</enum><header>Certain spending limits</header> <subsection id="HE8DF6E06CA7C49DF834D9DEE0E0F93E6"><enum>(a)</enum><header>In general</header><text>It shall not be in order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, or conference report that includes any provision that would cause total spending, except as excluded in subsection (b), to exceed the limits specified in section 316(b).</text> </subsection><subsection id="H5B10E2381E674015BF4C4CBCD170017F"><enum>(b)</enum><header>Exempt from spending limits</header><text>Spending for the following functions is exempt from the limits specified in section 316 (b):</text> <paragraph id="H1644BCE3A19A4FB3B45C63D52A12A19B"><enum>(1)</enum><text>Social Security, function 650.</text> </paragraph><paragraph id="H9F670B4801A24384969ED134F570B3A4"><enum>(2)</enum><text>Medicare, function 570.</text> </paragraph><paragraph id="H998A6DD01DF74D2587DC2B572810AB96"><enum>(3)</enum><text>Veterans Benefits and Services, function 700.</text> </paragraph><paragraph id="H86E3D11F28334E4C980DB952D7D15415"><enum>(4)</enum><text>Net Interest, function 900.</text> </paragraph><paragraph id="id2F08919A2A5F441D85CFEBA0A64BA57A"><enum>(5)</enum><text>Military personnel accounts within subfunctional category 051.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H76BC2BBDFEA74AEF9C6B2415C2C154AC"><enum>102.</enum><header>Statutory enforcement of spending caps through sequestration</header><text display-inline="no-display-inline">Title III of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/631">2 U.S.C. 631 et seq.</external-xref>) is amended by inserting after section 317, as added by section 101 of this Act, the following:</text> <quoted-block display-inline="no-display-inline" id="H3F58D76ADD064EFABBEE924F4509D180" style="OLC"> <section id="H9CD54E76BCD341F99321D6D1767E28AC"><enum>318.</enum><header>Enforcement of discretionary and direct spending caps</header> <subsection id="H5155E4861F364340BB394538642ED3E9"><enum>(a)</enum><header>Implementation</header><text display-inline="yes-display-inline">The sequesters shall be implemented as follows:</text> <paragraph id="H47879F8C457242C7B42901B6F1FDB23C"><enum>(1)</enum><header>Discretionary spending implementation</header><text display-inline="yes-display-inline">For the discretionary limits in section 316, pursuant to section 251(a) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/901">2 U.S.C. 901(a)</external-xref>) with each category sequestered separately.</text> </paragraph><paragraph id="H6908028213DB4DC0A406F757751DACC8"><enum>(2)</enum><header>Direct spending implementation</header><subparagraph commented="no" display-inline="yes-display-inline" id="H6AA5063A92284DF4ABA503A0992DFC31"><enum>(A)</enum><text>The sequestration to enforce this section for direct spending shall be implemented pursuant to section 254 of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/904">2 U.S.C. 904</external-xref>).</text> </subparagraph><subparagraph id="H874FB59617C84D80A938C006A6BACDDB" indent="up1"><enum>(B)</enum><text>Section 255 of the Balanced Budget and Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/905">2 U.S.C. 905</external-xref>) shall not apply to this section, except that payments for military personnel accounts (within subfunctional category 051), TRICARE for Life, Medicare (functional category 570), military retirement, Social Security (functional category 650), veterans (functional category 700), net interest (functional category 900), and discretionary appropriations shall be exempt.</text> </subparagraph></paragraph></subsection><subsection id="H155D0FF334F849AFBA2BD1CB5F5AD1DA"><enum>(b)</enum><header>Modification of presidential order</header> <paragraph id="HCE45A5903F8A476F9D5E74A82F8EC82D"><enum>(1)</enum><header>In general</header><text>At any time after the Director of the Office of Management and Budget issues a sequestration report under subsection (a) and section 319(c) the provisions of section 258A of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/907b">2 U.S.C. 907b</external-xref>) shall apply to the consideration in the House of Representatives and the Senate of a bill or joint resolution to override the order if the bill or joint resolution, as enacted, would achieve the same level of reductions in new budget authority and outlays for the applicable fiscal year as set forth in the order.</text> </paragraph><paragraph id="H3EE8F720BB8C404287C54DFA70C3B5E6"><enum>(2)</enum><header>Point of order</header><text display-inline="yes-display-inline">In the House of Representatives or Senate, it shall not be in order to consider a bill or joint resolution which waives, modifies, or in any way alters a sequestration order unless the chair of the House or Senate Committee on the Budget certifies that the measure achieves the same levels of reductions in new budget authority and outlays for the applicable year as set forth in the order.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </section>

114 S2182 PCS: Cut, Cap, and Balance Act of 2015 U.S. Senate 2015-10-19 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

Short title

This Act may be cited as the

Cut, Cap, and Balance Act of 2015

<enum>I</enum><header>Cut</header> <section id="H6F8BF6546B5C4D95BDF9B83688EF45D4"><enum>101.</enum><header>Modification of the Congressional Budget Act</header><text display-inline="no-display-inline">Title III of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/631">2 U.S.C. 631 et seq.</external-xref>) is amended by adding at the end the following:</text> <quoted-block display-inline="no-display-inline" id="H94DF95706A5F45C8A7737425E94AE026" style="OLC"> <section id="HFD8D2FA2C30B4939B8805B40D03E0C27"><enum>316.</enum><header>Spending limits</header> <subsection id="HCB0788EB6E4A4F44A0B81E136B92069E"><enum>(a)</enum><header>In general</header><text>It shall not be in order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, or conference report that would cause the spending limits as set forth in this section to be exceeded.</text> </subsection><subsection id="HC6B61402B45F4C6CB1D50AD751FAFB0B"><enum>(b)</enum><header>Limits</header><text>In this section, the term <term>spending limits</term> means for fiscal year 2016—</text> <paragraph id="id1F45D177667B425793AEC8B1E342E0FD"><enum>(1)</enum><text>$2,832,215,000,000 in new budget authority; and</text> </paragraph><paragraph id="id64257461DDCD447983E2AB8FB9F1F6A6"><enum>(2)</enum><text>$2,884,442,000,000 in outlays.</text> </paragraph></subsection><subsection id="H44E12DD82C3F44AE8A3FC1F13B0928AE"><enum>(c)</enum><header>Adjustments</header><text>After the reporting of a bill or joint resolution relating to the global war on terrorism described in subsection (d), or the offering of an amendment thereto or the submission of a conference report thereon—</text> <paragraph id="H5CE32769C96045F4AA048F1D3E52B9C5"><enum>(1)</enum><text>the chair of the House or Senate Committee on the Budget may adjust the spending limits provided in this section for purposes of congressional enforcement, the budgetary aggregates in the concurrent resolution on the budget most recently adopted by the Senate and the House of Representatives, and allocations pursuant to section 302(a) of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/633">2 U.S.C. 633(a)</external-xref>), by the amount of new budget authority in that measure for that purpose and the outlays flowing therefrom; and</text> </paragraph><paragraph id="H4AB407A05E874F7BBD6F09FD291C6DAC"><enum>(2)</enum><text>following any adjustment under paragraph (1), the House or Senate Committee on Appropriations may report appropriately revised suballocations pursuant to section 302(b) of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/633">2 U.S.C. 633(b)</external-xref>) to carry out this subsection.</text> </paragraph></subsection><subsection id="H50CEDAFB086C407B90002FE4FAFB172E"><enum>(d)</enum><header>Global war on terrorism</header><text display-inline="yes-display-inline">If a bill or joint resolution is reported making appropriations for fiscal year 2016 that designates amounts for Overseas Contingency Operations/Global War on Terrorism for purposes of section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/901">2 U.S.C. 901(b)(2)(A)</external-xref>), the allowable adjustments provided for in subsection (c) for fiscal year 2016 shall not exceed $58,000,000,000 in budget authority and the outlays flowing therefrom.</text> </subsection></section><section id="H8EFD014CBD3B4E289556D708BB1480E5"><enum>317.</enum><header>Certain spending limits</header> <subsection id="HE8DF6E06CA7C49DF834D9DEE0E0F93E6"><enum>(a)</enum><header>In general</header><text>It shall not be in order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, or conference report that includes any provision that would cause total spending, except as excluded in subsection (b), to exceed the limits specified in section 316(b).</text> </subsection><subsection id="H5B10E2381E674015BF4C4CBCD170017F"><enum>(b)</enum><header>Exempt from spending limits</header><text>Spending for the following functions is exempt from the limits specified in section 316 (b):</text> <paragraph id="H1644BCE3A19A4FB3B45C63D52A12A19B"><enum>(1)</enum><text>Social Security, function 650.</text> </paragraph><paragraph id="H9F670B4801A24384969ED134F570B3A4"><enum>(2)</enum><text>Medicare, function 570.</text> </paragraph><paragraph id="H998A6DD01DF74D2587DC2B572810AB96"><enum>(3)</enum><text>Veterans Benefits and Services, function 700.</text> </paragraph><paragraph id="H86E3D11F28334E4C980DB952D7D15415"><enum>(4)</enum><text>Net Interest, function 900.</text> </paragraph><paragraph id="id2F08919A2A5F441D85CFEBA0A64BA57A"><enum>(5)</enum><text>Military personnel accounts within subfunctional category 051.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </section><section id="H76BC2BBDFEA74AEF9C6B2415C2C154AC"><enum>102.</enum><header>Statutory enforcement of spending caps through sequestration</header><text display-inline="no-display-inline">Title III of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/631">2 U.S.C. 631 et seq.</external-xref>) is amended by inserting after section 317, as added by section 101 of this Act, the following:</text> <quoted-block display-inline="no-display-inline" id="H3F58D76ADD064EFABBEE924F4509D180" style="OLC"> <section id="H9CD54E76BCD341F99321D6D1767E28AC"><enum>318.</enum><header>Enforcement of discretionary and direct spending caps</header> <subsection id="H5155E4861F364340BB394538642ED3E9"><enum>(a)</enum><header>Implementation</header><text display-inline="yes-display-inline">The sequesters shall be implemented as follows:</text> <paragraph id="H47879F8C457242C7B42901B6F1FDB23C"><enum>(1)</enum><header>Discretionary spending implementation</header><text display-inline="yes-display-inline">For the discretionary limits in section 316, pursuant to section 251(a) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/901">2 U.S.C. 901(a)</external-xref>) with each category sequestered separately.</text> </paragraph><paragraph id="H6908028213DB4DC0A406F757751DACC8"><enum>(2)</enum><header>Direct spending implementation</header><subparagraph commented="no" display-inline="yes-display-inline" id="H6AA5063A92284DF4ABA503A0992DFC31"><enum>(A)</enum><text>The sequestration to enforce this section for direct spending shall be implemented pursuant to section 254 of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/904">2 U.S.C. 904</external-xref>).</text> </subparagraph><subparagraph id="H874FB59617C84D80A938C006A6BACDDB" indent="up1"><enum>(B)</enum><text>Section 255 of the Balanced Budget and Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/905">2 U.S.C. 905</external-xref>) shall not apply to this section, except that payments for military personnel accounts (within subfunctional category 051), TRICARE for Life, Medicare (functional category 570), military retirement, Social Security (functional category 650), veterans (functional category 700), net interest (functional category 900), and discretionary appropriations shall be exempt.</text> </subparagraph></paragraph></subsection><subsection id="H155D0FF334F849AFBA2BD1CB5F5AD1DA"><enum>(b)</enum><header>Modification of presidential order</header> <paragraph id="HCE45A5903F8A476F9D5E74A82F8EC82D"><enum>(1)</enum><header>In general</header><text>At any time after the Director of the Office of Management and Budget issues a sequestration report under subsection (a) and section 319(c) the provisions of section 258A of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/907b">2 U.S.C. 907b</external-xref>) shall apply to the consideration in the House of Representatives and the Senate of a bill or joint resolution to override the order if the bill or joint resolution, as enacted, would achieve the same level of reductions in new budget authority and outlays for the applicable fiscal year as set forth in the order.</text> </paragraph><paragraph id="H3EE8F720BB8C404287C54DFA70C3B5E6"><enum>(2)</enum><header>Point of order</header><text display-inline="yes-display-inline">In the House of Representatives or Senate, it shall not be in order to consider a bill or joint resolution which waives, modifies, or in any way alters a sequestration order unless the chair of the House or Senate Committee on the Budget certifies that the measure achieves the same levels of reductions in new budget authority and outlays for the applicable year as set forth in the order.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </section><enum>II</enum><header>Cap</header> <section id="HE0526A6C0E944FE9AFBF40E6C400C587"><enum>201.</enum><header>Limit on total spending</header> <subsection id="H1093C75F0B234880B97742D2E9B98504"><enum>(a)</enum><header>Definitions</header><text>Section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/900">2 U.S.C. 900(c)</external-xref>) is amended—</text> <paragraph id="idD47994E26EEB45D7BEE2FF507F434A4B"><enum>(1)</enum><text>by striking paragraph (4);</text> </paragraph><paragraph id="id8BB8AAB5F4CA46B58B4BCC3E2A470F14"><enum>(2)</enum><text>by redesignating paragraphs (5) through (21) as paragraphs (4) through (20), respectively; and</text> </paragraph><paragraph id="idEB517AF50D934F90AA669FE588BBDD08"><enum>(3)</enum><text>by adding at the end the following:</text> <quoted-block id="H0225C1BAEF1B44038ABE05AEC908E45C" style="OLC"> <paragraph id="HC481D9A487B04A75B506A81E2E2A5DC0"><enum>(21)</enum><text>The term <term>GDP</term>, for any fiscal year, means the gross domestic product during such fiscal year consistent with Department of Commerce definitions.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </paragraph></subsection><subsection id="HA95C8D9ADD2E4915A711085F605E2E02"><enum>(b)</enum><header>Caps</header><text>Title III of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/631">2 U.S.C. 631 et seq.</external-xref>) is amended adding after section 318, as added by section 102 of this Act, the following:</text> <quoted-block id="H54462E3AB19E4FEEA38C9DD50FC13AE5" style="OLC"> <section id="H299913B9EAA341FB8D79DD7E502185FE"><enum>319.</enum><header>Enforcing GDP outlay limits</header> <subsection id="H06A9F7A41BAD41FAA642F4455E265FDE"><enum>(a)</enum><header>Enforcing GDP outlay limits</header><text>In this section, the term <term>GDP outlay limit</term> means an amount, as estimated by the Director of the Office of Management and Budget, equal to—</text> <paragraph id="H99FA4DD1D1B748848331FF447842D1C6"><enum>(1)</enum><text display-inline="yes-display-inline">projected GDP for that fiscal year as estimated by OMB, multiplied by</text> </paragraph><paragraph id="H016074B009C64434957B5F44D34BED18"><enum>(2)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="id57AC373C1CA144638C15C90A8A6D8484"><enum>(A)</enum><text display-inline="yes-display-inline">19.9 percent for fiscal year 2016;</text> </subparagraph><subparagraph id="id52236D5DAC00415A9A2C04054741A7F3" indent="up1"><enum>(B)</enum><text display-inline="yes-display-inline">19.52 percent for fiscal year 2017;</text> </subparagraph><subparagraph id="id79731075742D4CB78A1E16F2181D3B2B" indent="up1"><enum>(C)</enum><text display-inline="yes-display-inline">19.14 percent for fiscal year 2018;</text> </subparagraph><subparagraph id="idE5301591C0114D09B96F7AB4A47EE299" indent="up1"><enum>(D)</enum><text display-inline="yes-display-inline">18.76 percent for fiscal year 2019;</text> </subparagraph><subparagraph id="id216C9F49596741B9BB1B8D86D9DB4C59" indent="up1"><enum>(E)</enum><text display-inline="yes-display-inline">18.38 percent for fiscal year 2020;</text> </subparagraph><subparagraph id="id1352496755054FB6AE21D6B413A93CC8" indent="up1"><enum>(F)</enum><text display-inline="yes-display-inline">18 percent for fiscal year 2021;</text> </subparagraph><subparagraph id="id0F04CC8BAF9741D485F960955FABFD97" indent="up1"><enum>(G)</enum><text display-inline="yes-display-inline">18 percent for fiscal year 2021;</text> </subparagraph><subparagraph id="idEC6B9AE6EF7F4B1BB59C84B08904343A" indent="up1"><enum>(H)</enum><text display-inline="yes-display-inline">18 percent for fiscal year 2022;</text> </subparagraph><subparagraph id="id6D56B33FE5C94452B59B7FF4219712FA" indent="up1"><enum>(I)</enum><text display-inline="yes-display-inline">18 percent for fiscal year 2023;</text> </subparagraph><subparagraph id="id28D502CBC2D64BC6BE759D638ACB4689" indent="up1"><enum>(J)</enum><text>18 percent for fiscal year 2024; and</text> </subparagraph><subparagraph id="idAEABF56B59AA4D82B6043D14BCBF328F" indent="up1"><enum>(K)</enum><text>18 percent for fiscal year 2025.</text> </subparagraph></paragraph></subsection><subsection id="HC145727100D84823A57BE18D3DCEFAA8"><enum>(b)</enum><header>GDP outlay limit and outlays</header> <paragraph id="H7ACFC63963A548A28D78870C0A82160D"><enum>(1)</enum><header>Determining the GDP outlay limit</header><text>The Director of the Office of Management and Budget shall establish in the President’s budget the GDP outlay limit for the budget year.</text> </paragraph><paragraph id="HF3916B29F1F5429AAD4D422C58C5B395"><enum>(2)</enum><header>Total Federal outlays</header><text>In this section, total Federal outlays shall include all on-budget and off-budget outlays.</text> </paragraph></subsection><subsection id="HD964CDDC1CE74A1C8B86E2D4BEB96F80"><enum>(c)</enum><header>Sequestration</header><text display-inline="yes-display-inline">The sequestration to enforce this section shall be implemented pursuant to section 254 of the Balanced Budget and Emergency Deficit Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/904">2 U.S.C. 904</external-xref>).</text> </subsection><subsection id="HDFBECA83A11540DFBFB22D52D1332825"><enum>(d)</enum><header>Exempt programs</header><text display-inline="yes-display-inline">Section 255 of the Balanced Budget and Control Act of 1985 (<external-xref legal-doc="usc" parsable-cite="usc/2/905">2 U.S.C. 905</external-xref>) shall not apply to this section, except that payments for military personnel accounts (within subfunctional category 051), TRICARE for Life, Medicare (functional category 570), military retirement, Social Security (functional category 650), veterans (functional category 700), and net interest (functional category 900) shall be exempt.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><section id="HF70AE33B53F54CEF8AB70EC074DAFE73"><enum>202.</enum><header>Enforcement procedures under the Congressional Budget Act of 1974</header> <subsection id="H6B134218D00E497EB9652CAD3E38503B"><enum>(a)</enum><header>Enforcement</header><text>Title III of the Congressional Budget Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/2/631">2 U.S.C. 631 et seq.</external-xref>) is amended by adding after section 319, as added by section 201 of this Act, the following:</text> <quoted-block id="HC9394B786808433B94E7A9D419CD0569" style="OLC"> <section id="H55D46EC3D4C94527BDD9FFDE9385CAB0"><enum>320.</enum><header>Enforcement procedures</header><text display-inline="no-display-inline">It shall not be in order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, or conference report that would cause the most recently reported current GDP outlay limits set forth in section 319 to be exceeded.</text></section><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="HEAB68A8FEF004BA9A5A0CF87C31BAA72"><enum>(b)</enum><header>Table of contents</header><text>The table of contents in section 1(b) of the Congressional Budget and Impoundment Control Act of 1974 is amended by adding after the item relating to section 315 the following:</text> <quoted-block id="id516fb72f-42f1-4396-b5d5-54e94b706664" style="OLC"><toc><toc-entry idref="HFD8D2FA2C30B4939B8805B40D03E0C27" level="section">Sec. 316. Spending limits.</toc-entry> <toc-entry idref="H8EFD014CBD3B4E289556D708BB1480E5" level="section">Sec. 317. Certain spending limits.</toc-entry> <toc-entry idref="H9CD54E76BCD341F99321D6D1767E28AC" level="section">Sec. 318. Enforcement of discretionary and direct spending caps.</toc-entry> <toc-entry idref="H299913B9EAA341FB8D79DD7E502185FE" level="section">Sec. 319. Enforcing GDP outlay limits.</toc-entry> <toc-entry idref="H55D46EC3D4C94527BDD9FFDE9385CAB0" level="section">Sec. 320. Enforcement procedures.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block> </subsection></section><enum>III</enum><header>Balance</header> <section id="H74F634C09BD8430BB9B15DBA5E154491"><enum>301.</enum><header>Requirement that a Balanced Budget Amendment be submitted to States</header> <subsection id="HD413004981784A789A0D08439EF6FE97"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">The Secretary of the Treasury shall not exercise the additional borrowing authority in subsequent legislation until the Archivist of the United States transmits to the States a balanced budget amendment to the Constitution that—</text> <paragraph id="id2F4D857956234321A3C763E242CD3B0C"><enum>(1)</enum><text display-inline="yes-display-inline">requires that total outlays not exceed total receipts;</text> </paragraph><paragraph id="id02F86E5A53BC4263B71D125F9490ACB2"><enum>(2)</enum><text display-inline="yes-display-inline">contains a spending limitation as a percentage of GDP; and</text> </paragraph><paragraph id="id524A686055EE4207A11F16437BC45445"><enum>(3)</enum><text display-inline="yes-display-inline">requires that tax increases be approved by a <fraction>2/3</fraction> vote in both Houses of Congress for their ratification.</text> </paragraph></subsection><subsection id="id446C9677503944FA994922DB4D7B4913"><enum>(b)</enum><header>Point of order</header><text display-inline="yes-display-inline">It shall not be in order in the House of Representatives or the Senate to consider any bill, joint resolution, amendment, or conference report that would cause the Secretary of the Treasury to exercise additional borrowing authority described in subsection (a) until such time as the Archivist of the United States transmits to the States an amendment to the Constitution described in subsection (a).</text></subsection></section>

October 20, 2015

Read the second time and placed on the calendar