1.Short title; table of
contents
(a)This Act may be cited as the Spending, Deficit, and Debt Control Act of
2009
.
(b)
Sec. 1. Short title; table of contents.
Sec. 2. Findings.
Sec. 3. Purposes.
Sec. 4. Effective date.
Title I—A BINDING FEDERAL BUDGET
Sec. 100. Short title.
Subtitle A—Joint Budget Resolution
Sec. 101. Purposes.
Sec. 102. Timetable.
Sec. 103. Joint resolution on the budget.
Sec. 104. Budget required before spending bills may be
considered.
Sec. 105. Amendments to joint resolutions on the
budget.
Subtitle B—Budgeting for Emergencies
Sec. 111. Repeal of adjustments for emergencies.
Sec. 112. Emergency criteria.
Sec. 113. Development of guidelines for application of
emergency definition.
Sec. 114. Reserve fund for emergencies in President’s
budget.
Sec. 115. Adjustments and reserve rund for emergencies in joint
budget resolutions.
Sec. 116. Application of section 306 to emergencies in excess
of amounts in reserve fund.
Sec. 117. Up-to-date tabulations.
Sec. 118. Prohibition on amendments to the emergency reserve
fund.
Subtitle C—Biennial Budget
Sec. 121. Effective date.
Sec. 122. Revision of timetable.
Sec. 123. Amendments to the Congressional Budget and
Impoundment Control Act of 1974.
Sec. 124. Amendments to Rules of the House of
Representatives.
Sec. 125. Two-year appropriations; title and style of
appropriation Acts.
Sec. 126. Multiyear authorizations.
Sec. 127. Government strategic and performance plans on a
biennial basis.
Sec. 128. Biennial appropriation bills.
Sec. 129. Assistance by Federal agencies to standing committees
of the Senate and the House of Representatives.
Subtitle D—Prevention of Government Shutdown
Sec. 131. Amendment to Title 31.
Subtitle E—The Baseline
Sec. 141. Elimination of inflation adjustment.
Sec. 142. The President’s budget.
Sec. 143. The congressional budget.
Sec. 144. Congressional Budget Office reports to
committees.
Sec. 145. Treatment of emergencies.
Title II—SPENDING LIMITS AND DEFICIT CONTROL
Sec. 200. Short title.
Subtitle A—Spending Limits and Deficit Control
Sec. 201. Discretionary spending limits.
Sec. 202. Direct spending limits.
Sec. 203. Total spending limits.
Sec. 204. Deficit limits.
Subtitle B—Reports and Orders
Sec. 211. Reports and orders.
Sec. 212. Spending and deficit limits enforcement.
Sec. 213. Spending reduction orders.
Title III—LONG-TERM BUDGETING
Sec. 300. Short title; purposes.
Sec. 301. CBO and OMB projections.
Sec. 302. GAO and OMB statements of the Federal Government’s
financial condition.
Sec. 303. Five-year Fiscal Sustainability Review.
Sec. 304. Long-term reconciliation.
Sec. 305. Long-term spending increase point of
order.
Title IV—Spending Reform
Subtitle A—Federal Program Sunset
Sec. 400. Short title.
Sec. 401. Review and abolishment of Federal
agencies.
Sec. 402. Establishment of commission.
Sec. 403. Review of efficiency and need for Federal
agencies.
Sec. 404. Criteria for review.
Sec. 405. Commission oversight.
Sec. 406. Rulemaking authority.
Sec. 407. Relocation of Federal employees.
Sec. 408. Program inventory.
Sec. 409. Definition of agency.
Subtitle B—Legislative Line-Item Veto
Sec. 410. Short title.
Sec. 411. Legislative line-item veto.
Sec. 412. Technical and conforming amendments.
Sec. 413. Rescission measures considered.
Subtitle C—Commission to Eliminate Waste, Fraud, and
Abuse
Sec. 420. Short title.
Sec. 421. Establishment of Commission.
Sec. 422. Duties of the Commission.
Sec. 423. Powers of the Commission.
Sec. 424. Commission personnel matters.
Sec. 425. Termination of the Commission.
Sec. 426. Congressional consideration of reform
proposals.
Sec. 427. Authorization of appropriations.
Title V—TRANSPARENCY IN BUDGETING
Sec. 500. Short title.
Subtitle A—Accrual Funding of Pensions and Retirement Pay for
Federal Employees and Uniformed Services Personnel
Sec. 501. Civil Service Retirement System.
Sec. 502. Central Intelligence Agency Retirement and Disability
System.
Sec. 503. Foreign Service Retirement and Disability
System.
Sec. 504. Public Health Service Commissioned Corps Retirement
System.
Sec. 505. National Oceanic and Atmospheric Administration
Commissioned Officer Corps Retirement System.
Sec. 506. Coast Guard Military Retirement System.
Subtitle B—Accrual Funding of Post-Retirement Health Benefits
Costs for Federal Employees
Sec. 511. Federal Employees Health Benefits Fund.
Sec. 512. Funding Uniformed Services health benefits for all
retirees.
Sec. 513. Effective date.
Subtitle C—Earmark Reform
Sec. 521. Joint Select Committee on Earmark Reform.
Sec. 522. Moratorium on consideration of earmarks.
Subtitle D—Public Debt Limit
Sec. 531. Limit on public debt.
Sec. 532. Repeal of the Gephardt Rule.
Subtitle E—Risk-Assumed Budgeting
Sec. 541. Market Adjusted Rate for Federal Credit Reform Act of
1990.
Sec. 542. CBO and GAO study.
Title VI—BUDGET ENFORCEMENT
Sec. 600. Short title.
Subtitle A—Enforcement Amendments
Sec. 601. Points of order in the House of Representatives and
the Senate.
Sec. 602. Point of order waiver protection.
Sec. 603. Application of the limitation on reconciliation
legislation.
Sec. 604. Twenty-percent limit on new direct spending in
reconciliation legislation.
Sec. 605. Treatment of extraneous appropriations.
Sec. 606. Establishment of Discretionary Deficit Reduction
Account.
Sec. 607. Establishment of Mandatory Deficit Reduction
Account.
Sec. 608. Conforming amendment.
Subtitle B—Committee Term Limits Study in the House of
Representatives
Sec. 611. Suspension of certain requirements regarding the
House of Representatives committee term limits committee.
Sec. 612. Establishment of the select committee on requirements
regarding the House of Representatives Budget Committee.
Sec. 613. Procedure.
Sec. 614. Composition.
Sec. 615. Reporting.
Sec. 616. Administrative provisions.
Sec. 617. Dissolution.
Subtitle C—Judicial Consideration
Sec. 621. Judicial review.
Sec. 622. Severability.
2.Congress finds that—
(1)the Congressional Budget Office, the
Government Accountability Office, and the chairman of the Federal Reserve have
all found that unsustainable fiscal trends, driven by Federal spending,
represent a serious threat to the United States economy and the prosperity of
the American people;
(2)the current
Federal budget process fails to fully allocate resources for national
priorities and lacks the means to control Federal spending, deficits, and
debt;
(3)budgeting is
essential to governing; and
(4)the effectiveness
of the budget depends on the strength of the budget process.
3.The purposes of this Act are as
follows—
(1)to reform and strengthen the Federal budget
process by enacting a comprehensive set of sound, reasonable, and enforceable
measures;
(2)to properly focus
the Federal budget process on controlling spending, deficits, and debt;
(3)to provide
Congress with the tools for stronger and more durable control of spending and
deficits;
(4)to increase transparency and provide a
comprehensive assessment of the budget’s commitments; and
(5)to reform the
budget process to give Congress a thorough assessment of the long-term budget
commitments, to establish sustainable benchmarks for major programs, and to
provide the means to reform major entitlement programs to ensure sustainable
levels of Federal spending, deficits, and debt.
4.Except as otherwise
specifically provided, this Act and the amendments made by this Act shall
become effective on the date of enactment of this Act and shall apply with
respect to fiscal years beginning after September 30, 2010.
<enum>I</enum><header>A
BINDING FEDERAL BUDGET</header>
<section id="H680DBC86534A4068A442881F9ED3FA1C"><enum>100.</enum><header>Short
title</header><text display-inline="no-display-inline">This Act may be cited as
the <quote><short-title>Enhanced Spending Control and
Budget Enforcement Act of 2009</short-title></quote>.</text>
</section><subtitle id="HF809DB5019B54037B573708879450B79"><enum>A</enum><header>Joint Budget
Resolution</header>
<section id="H223329B076EB4D409C00A3D85DB870F1"><enum>101.</enum><header>Purposes</header><text display-inline="no-display-inline">Paragraphs (1) and (2) of section 2 of the
Congressional Budget and Impoundment Control Act of 1974 are amended to read as
follows:</text>
<quoted-block id="H964DEE6FD7ED4588B9FC844AD2648B95" style="OLC">
<paragraph id="H79C7453D852D4022BCFDEE25E5563981"><enum>(1)</enum><text>to assure
effective control over the budgetary process; and</text>
</paragraph><paragraph id="H3487B92CE5964FFB8B2191AB35F59151"><enum>(2)</enum><text>to facilitate the
determination each year of the appropriate level of Federal revenues and
expenditures by the Congress and the
President;</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HF6E3E1B0C7484FF9BC40B745083F9132"><enum>102.</enum><header>Timetable</header><text display-inline="no-display-inline">Section 300 of the Congressional Budget Act
of 1974 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H56E3C00CCF3B45A4A90C8E8A0A475E73" style="traditional">
<section id="H08AA6659AA114AA299A0E7E950D04E13"><enum>300.</enum><header>Timetable</header><text>The timetable
with respect to the Congressional budget process for any fiscal year is as
follows:</text>
<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" subformat="S6211" table-template-name="Generic: 2 text, 1st shorter" table-type="">
<ttitle>First Session</ttitle>
<tgroup cols="2" grid-typeface="1.1" no-carding="1" rowsep="0" thead-tbody-ldg-size="10.10.12" ttitle-size="10"><colspec coldef="txt" colname="column1" colwidth="330.75pt" min-data-value="125"></colspec><colspec coldef="txt-no-ldr" colname="column2" colwidth="420.75pt" min-data-value="175"></colspec>
<tbody>
<row><entry colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr"><bold>On or before:</bold></entry><entry colname="column2" leader-modify="clr-ldr" rowsep="0"><bold>Action to be
completed:</bold></entry>
</row>
<row><entry colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr">First Monday in February</entry><entry colname="column2" leader-modify="clr-ldr">President submits his budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">February
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congressional Budget Office submits report to Budget
Committees.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">Not
later than 6 weeks after President submits budget</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Committees submit views and estimates
to Budget Committees.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">April
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Budget
Committees report joint resolution on the budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1"> April
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congress completes action on joint resolution on the
budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
10</entry><entry align="left" colname="column2" leader-modify="clr-ldr">House
Appropriations Committee reports last annual appropriation bill.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congress completes action on reconciliation
legislation.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
30</entry><entry align="left" colname="column2" leader-modify="clr-ldr">House
completes action on annual appropriation bills.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">October
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Fiscal
year begins.</entry>
</row>
</tbody>
</tgroup></table>
</section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HD33BDA517060459D8E69DB86701C731A"><enum>103.</enum><header>Joint
resolution on the budget</header>
<subsection display-inline="no-display-inline" id="H5FD64DEAC6964A2093CEE9A5241E32F5"><enum>(a)</enum><header>Content of Joint
Resolutions on the Budget</header><text>Section 301(a)(4) of the Congressional
Budget Act of 1974 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="HA61C5132C1F44AC584FD8ECB2A3087F9" style="OLC">
<paragraph id="HB6196271F96B43A180587CF13FF8ECD7"><enum>(4)</enum><text>subtotals of new
budget authority and outlays for nondefense discretionary spending, defense
discretionary spending, Medicare, Medicaid, other direct spending (excluding
interest), and interest; and for emergencies (for the reserve fund in section
317(b) and for military operations in section
317(C));</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H39F79B1E2E0A4AB6B722BBE986510738"><enum>(b)</enum><header>Additional
Matters in Joint Resolution</header><text>Section 301(b) of the Congressional
Budget Act of 1974 is amended as follows:</text>
<paragraph id="HD0E446306A524B2E9B24CB5089C66E43"><enum>(1)</enum><text>Strike paragraphs
(1), and (6) through (9).</text>
</paragraph><paragraph id="H30DC01D9289248A9AFDBB51FF97A791A"><enum>(2)</enum><text>Redesignate
paragraphs (2), (3), (4), and (5) accordingly.</text>
</paragraph><paragraph id="HB45CEE9B0761492BB706EFD7079AF93A"><enum>(3)</enum><text>Amend paragraph
(3), as redesignated, to read as follows:</text>
<quoted-block id="HEAF37D0019254F1AA7FFE645FF1E82E9">
<paragraph id="HE19C40193B904B64B7B8CE109219A13E"><enum>(3)</enum><text>set forth such
other matters, and require such other procedures, relating to the budget as may
be appropriate to carry out the purposes of the Act, but shall not include a
suspension or alteration of the application of the motion to strike a provision
as set forth in section 310(d)(2) or
(h)(2)(F).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HB6C98BC65324408EAAF808B0C0276D8E"><enum>(c)</enum><header>Required
Contents of Report</header><text>Section 301(e)(2) of the Congressional Budget
Act of 1974 is amended as follows:</text>
<paragraph id="HE78E7505485548F1B0DFBF94296E71DD"><enum>(1)</enum><text>Redesignate
subparagraphs (A), (B), (C), (D), (E), and (F) as subparagraphs (B), (C), (E),
(F), (H), and (I), respectively.</text>
</paragraph><paragraph id="HA45AAEB6ED204ED295B01FFD43CB72EB"><enum>(2)</enum><text>Before
subparagraph (B) (as redesignated), insert the following new
subparagraph:</text>
<quoted-block id="HD77D290130D145138155722300F88BE6">
<subparagraph id="H0FA1138C09F84A9FAB9AB40EDF79CC32"><enum>(A)</enum><text>new budget
authority and outlays for each major functional category, based on allocations
of the total levels set forth pursuant to subsection
(a)(1);</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H44E056D3D0D548A2A11CD48B0404A92A"><enum>(3)</enum><text>In subparagraph
(C) (as redesignated), strike <quote>mandatory</quote> and insert <quote>direct
spending</quote>.</text>
</paragraph><paragraph id="H2F8D8BDD6DEF4BA7B8944A63372A16C9"><enum>(4)</enum><text>After subparagraph
(C) (as redesignated), insert the following new subparagraph:</text>
<quoted-block id="H29D36DB169BF41A89D962CE67EE5CA52" style="OLC">
<subparagraph id="H42CA5D9CFA964285A73E9B5619A8ACDC"><enum>(D)</enum><text>a measure, as a
percentage of gross domestic product, of total outlays, total Federal revenues,
the surplus or deficit, and new outlays for nondefense discretionary spending,
defense spending, Medicare, Medicaid and other direct spending as set forth in
such
resolution;</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HC11C37C8C7E345BFA4085FED860CB9BC"><enum>(5)</enum><text>After subparagraph
(F) (as redesignated), insert the following new subparagraph:</text>
<quoted-block id="HAD0B86041F1B4C80A080F46A5A9B138E" style="OLC">
<subparagraph id="HE4F24629F9C84C3AAE473CE86FBE26B8"><enum>(G)</enum><text>if the joint
resolution on the budget includes any allocation to a committee other than the
Committee on Appropriations of levels in excess of current law levels, a
justification for not subjecting any program, project, or activity (for which
the allocation is made) to annual discretionary
appropriations;</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H9BDB5BE4B5EB46069DCFC8E73F659976"><enum>(d)</enum><header>Additional
Contents of Report</header><text>Section 301(e)(3) of the Congressional Budget
Act of 1974 is amended as follows:</text>
<paragraph id="H7174EC90E8D44D2F8F0F02FA6C77C305"><enum>(1)</enum><text>Redesignate
subparagraphs (A) and (B) as subparagraphs (B) and (C), respectively, strike
subparagraphs (C) and (D), and redesignate subparagraph (E) as subparagraph (D)
and strike the period and insert <quote>; and</quote>.</text>
</paragraph><paragraph id="H1750A8449A7F4C5FB5C8F44D85670299"><enum>(2)</enum><text>Before
subparagraph (B), insert the following new subparagraph:</text>
<quoted-block id="HB3B103CA29C54DEF82E0C74E54F3A33A" style="OLC">
<subparagraph id="H819996A9872B4A9EAC7B36E07C3000E1"><enum>(A)</enum><text>new budget
authority and outlays for each major functional category, based on allocations
of the total levels set forth pursuant to subsection
(a)(1);</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H3F933579751D45F98FEB90112F9DD049"><enum>(3)</enum><text>At the end, add
the following new subparagraph:</text>
<quoted-block id="H5C3F1ADCF6B64EA6863A7ECD17FB4FC9" style="OLC">
<subparagraph id="HD174D2993200416788C47AD797944DDF"><enum>(E)</enum><text>set forth, if
required by subsection (f), the calendar year in which, in the opinion of the
Congress, the goals for reducing unemployment set forth in section 4(b) of the
Employment Act of 1946 should be
achieved.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HABC13578F1A7474D8128A75958436134"><enum>(e)</enum><header>Budget
Presentation</header><text>After section 301(e)(3) add the following new
paragraph:</text>
<quoted-block display-inline="no-display-inline" id="HD9BD7AE95A854EEA8CB12FABC8AB39B1" style="OLC">
<paragraph id="H29FA851904404330884F2B1DDD8FF6E1"><enum>(4)</enum><header>Budget
Format</header><text display-inline="yes-display-inline">In addition to the
contents that may be included in the report pursuant to paragraph (3), a
presentation of the functional categories may also be included as
follows:</text>
<subparagraph id="H2BC71CC7C4E5403D9FEF26FE9D543007"><enum>(A)</enum><header>Principal
Federal Obligations</header><text display-inline="yes-display-inline">Activities intrinsic to the Federal
Government (including both discretionary and mandatory spending) as
follows:</text>
<clause id="H7D977694AB0840CFB5593E76514B09B5"><enum>(i)</enum><text>National
defense;</text>
</clause><clause id="H512DBC519442474C8B279E2BD822341A"><enum>(ii)</enum><text>International
affairs;</text>
</clause><clause id="H4543A3CCF44C4E44B34F6CC476DC8EB0"><enum>(iii)</enum><text>Veterans
benefits and services; and</text>
</clause><clause id="H6AF149ECEFD449A2807CFBF55F66BB6A"><enum>(iv)</enum><text>Administration of
justice.</text>
</clause></subparagraph><subparagraph id="HFD61D0E0412A4CF3964FF8F68109023A"><enum>(B)</enum><header>Federally
Supported Domestic Priorities</header><text display-inline="yes-display-inline">The total domestic discretionary spending
levels as follows:</text>
<clause id="H2F40B21AF90A435EA4D593C56A88D40F"><enum>(i)</enum><text>Total domestic
discretionary spending.</text>
</clause><clause id="HF95D8E64D5484560B0554FBDF655D887"><enum>(ii)</enum><text display-inline="yes-display-inline">Optional inclusion of additional specific
recommended levels.</text>
</clause></subparagraph><subparagraph id="H05C1CCCCE54C43B180778D33BA365A96"><enum>(C)</enum><header>Major Domestic
Entitlements</header><text>Major domestic direct spending programs as
follows:</text>
<clause id="H5AC36041CA4E4F1CAA01C775D517B87E"><enum>(i)</enum><text>Medicare.</text>
</clause><clause id="H373E17B05404433C8F3B9EB39BA039B7"><enum>(ii)</enum><text>Medicaid.</text>
</clause><clause id="H7BC2429462FF4547A535EA4DD8CA070A"><enum>(iii)</enum><text>Other direct
spending.</text>
</clause><clause id="H31A9A9F87C77444EA2A8E19E3CCE80C2"><enum>(iv)</enum><text>Optional
inclusion of additional specific recommended levels.</text>
</clause></subparagraph><subparagraph id="H861D0C83405949738B0423927600E651"><enum>(D)</enum><header>General
Government and Financial Management</header><text>Funding for financing
government operations as follows:</text>
<clause id="HC60FA5F6FC9C4A2CA15C740293E9B213"><enum>(i)</enum><text display-inline="yes-display-inline">General government.</text>
</clause><clause id="HA6DF1B4A99564B6CACC4F691D004AA0A"><enum>(ii)</enum><text>Net
interest.</text>
</clause><clause id="H1DD159CEDD4946F6A5FA5FD131F53674"><enum>(iii)</enum><text>Allowances.</text>
</clause><clause id="HFA512A0BC17F41518DF236B32E282138"><enum>(iv)</enum><text>Offsetting
receipts.</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H2031DC9C63F0462DBA3C07BCF2185DCC"><enum>(f)</enum><header>President’s
Budget Submission to Congress</header><paragraph commented="no" display-inline="yes-display-inline" id="HE4AA15270AD94DCE9FEE2BD6DAA6A3A1"><enum>(1)</enum><text>The first two sentences
of section 1105(a) of title 31, United States Code, are amended to read as
follows:</text>
<quoted-block display-inline="yes-display-inline" id="H6178FD17E90A456C857415FAE30BD832" style="OLC">
<text>On or after the first Monday in
January but not later than the first Monday in February of each year the
President shall submit a budget of the United States Government for the
following fiscal year which shall set forth the following
levels:</text><subparagraph id="H9B231E43EA27414CA0B1265B35D8DF49" indent="up1"><enum>(A)</enum><text>Totals of new budget authority and
outlays.</text>
</subparagraph><subparagraph id="HA1624BF863694188AB9AB9F04F698872" indent="up1"><enum>(B)</enum><text>Total Federal revenues and the amount,
if any, by which the aggregate level of Federal revenues should be increased or
decreased by bills and resolutions to be reported by the appropriate
committees.</text>
</subparagraph><subparagraph id="HD99C83EDF479454BBBA5E9EF1160A867" indent="up1"><enum>(C)</enum><text display-inline="yes-display-inline">The surplus or deficit in the
budget.</text>
</subparagraph><subparagraph id="HB7170350F9104888A27E26512A8E607D" indent="up1"><enum>(D)</enum><text display-inline="yes-display-inline">Subtotals of new budget authority and
outlays for nondefense discretionary spending, defense discretionary spending,
direct spending (excluding interest), and interest, and for emergencies (for
the reserve fund in section 317(b) and for military operations in section
317(c).</text>
</subparagraph><subparagraph id="H27102F07C1424C4BAE2CF64EB177416E" indent="up1"><enum>(E)</enum><text display-inline="yes-display-inline">The public debt.</text>
</subparagraph><quoted-block-continuation-text quoted-block-continuation-text-level="subsection">Each
budget submission shall include a budget message and summary and supporting
information and, as a separately delineated statement, the levels requires in
the preceding sentence for at least each of the 4 ensuing fiscal
years.</quoted-block-continuation-text><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H71D4B9CDA460436D952DC6360300E53A" indent="up1"><enum>(2)</enum><text>The third sentence of section 1105(a)
of title 31, United States Code, is amended by inserting
<quote>submission</quote> after <quote>budget</quote>.</text>
</paragraph></subsection><subsection id="H1882AA8DF49845A5B74BB1B99CF2D521"><enum>(g)</enum><header>Limitation on
the Content of Budget Resolutions</header><text>Section 305 of the
Congressional Budget Act of 1974 is amended by adding at the end the following
new subsection:</text>
<quoted-block id="H49135FA67B3D4453B1BC3135E2E3922D" style="OLC">
<subsection id="H00C4D3F3EB11486F8FFD57EC850F006D"><enum>(e)</enum><header>Limitation on
Contents</header><paragraph commented="no" display-inline="yes-display-inline" id="H85817DA1D01D41A9A5226B0E62449D00"><enum>(1)</enum><text>It shall not be in order
in the House of Representatives or in the Senate to consider any joint
resolution on the budget or any amendment thereto or conference report thereon
that contains any matter referred to in paragraph (2).</text>
</paragraph><paragraph id="HEC1698DABF9C45318114D286F2DEE723" indent="up1"><enum>(2)</enum><text>Any joint resolution on the budget or
any amendment thereto or conference report thereon that contains any matter not
permitted in section 301(a) or (b) shall not be treated in the House of
Representatives or the Senate as a budget resolution under subsection (a) or
(b) or as a conference report on a budget resolution under subsection (c) of
this
section.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="HE56154D3F3F64EB48BB4B489AE1A52A0"><enum>104.</enum><header>Budget required
before spending bills may be considered</header>
<subsection id="HBD5B8899AA1E4503A84698F4365F45B0"><enum>(a)</enum><header>Amendments to
Section <enum-in-header>302</enum-in-header></header><text>Section 302 of the
Congressional Budget Act of 1974 is amended—</text>
<paragraph id="HB6F92E33D0494630B825D0BCFB31E27B"><enum>(1)</enum><text>in subsection (a),
by striking paragraph (5); and</text>
</paragraph><paragraph id="H827658147A82409491C330E2CCCC3EA1"><enum>(2)</enum><text>in subsection
(f)(1)(A), by striking <quote>as reported</quote>.</text>
</paragraph></subsection><subsection id="H9E4294F417B7409295256FED9E219CFF"><enum>(b)</enum><header>Amendments to
Section <enum-in-header>303</enum-in-header> and Conforming
Amendments</header><paragraph commented="no" display-inline="yes-display-inline" id="H9068F60852A941FAA936A4456BD6CE02"><enum>(1)</enum><text>Section 303 of the
Congressional Budget Act of 1974 is amended by striking “(a)
<header-in-text level="subsection" style="OLC">In General</header-in-text>.—”,
by striking <quote>has been agreed to</quote> and inserting <quote>takes effect
in subsection (a)</quote>, and by striking subsections (b) and (c); and</text>
</paragraph><paragraph id="HC9FBD644CEB24CEEB77BCB983919B938" indent="up1"><enum>(2)</enum><text>by striking its section heading and
inserting the following new section heading: <quote><header-in-text level="section" other-style="hybrid" style="traditional">consideration of
budget-related legislation before budget becomes
law</header-in-text></quote>.</text>
</paragraph></subsection><subsection id="HE0619B44D67149DF88609146C5AACD9C"><enum>(c)</enum><header>Expedited
Procedures Upon Veto of Joint Resolution on the Budget</header><paragraph commented="no" display-inline="yes-display-inline" id="HA727E3B26C1F4CF380B7B6503C9B721E"><enum>(1)</enum><text>Title III of the
Congressional Budget Act of 1974 is amended by adding after section 315 the
following new section:</text>
<quoted-block id="H1452ADF90F6D4018A3AEE0942227A194" style="traditional">
<section id="HA5FFF8FE9E8D4638A8D73296713E3AFF"><enum>316.</enum><header>Expedited Procedures Upon Veto of Joint Resolution on the
Budget</header><subsection commented="no" display-inline="yes-display-inline" id="H88B4B73D38AA4BBA8A42E10E89ED357C"><enum>(a)</enum><header>Special
Rule</header><text>If the President vetoes a joint resolution on the budget for
a fiscal year, the majority leader of the House of Representatives or Senate
(or his designee) shall introduce a concurrent resolution on the budget or
joint resolution on the budget for such fiscal year. If the Committee on the
Budget of either House fails to report such concurrent or joint resolution
referred to it within five calendar days (excluding Saturdays, Sundays, or
legal holidays except when that House of Congress is in session) after the date
of such referral, the committee shall be automatically discharged from further
consideration of such resolution and such resolution shall be placed on the
appropriate calendar.</text>
</subsection><subsection id="H50C738160F3C4ED59831177CBD3085D5"><enum>(b)</enum><header>Procedure in the
House of Representatives and the Senate</header>
<paragraph id="H720322675B0C45DCA040EFC4D84F54EA"><enum>(1)</enum><text>Except as provided
in paragraph (2), the provisions of section 305 for the consideration in the
House of Representatives and in the Senate of joint resolutions on the budget
and conference reports thereon shall also apply to the consideration of
concurrent resolutions on the budget introduced under subsection (a) and
conference reports thereon.</text>
</paragraph><paragraph id="HD1F7331B36D34AC3B3D22CADA6CE68DE"><enum>(2)</enum><text>Debate in the
Senate on any concurrent resolution on the budget or joint resolution on the
budget introduced under subsection (a), and all amendments thereto and
debatable motions and appeals in connection therewith, shall be limited to not
more than 10 hours and in the House of Representatives such debate shall be
limited to not more than 3 hours.</text>
</paragraph></subsection><subsection id="H98472DAD56664E0E83CC1E2EED91BC02"><enum>(c)</enum><header>Contents of
Concurrent Resolutions</header><text>Any concurrent resolution on the budget
introduced under subsection (a) shall be in compliance with section 301.</text>
</subsection><subsection id="HFCCA1C6B4D6245D9A5EA4FB6CD7F7E09"><enum>(d)</enum><header>Effect of
Concurrent Resolution on the Budget</header><text>Notwithstanding any other
provision of this title, whenever a concurrent resolution on the budget
described in subsection (a) is agreed to, then the aggregates, allocations, and
reconciliation directives (if any) contained in the report accompanying such
concurrent resolution or in such concurrent resolution shall be considered to
be the aggregates, allocations, and reconciliation directives for all purposes
of sections 302, 303, and 311 for the applicable fiscal years and such
concurrent resolution shall be deemed to be a joint resolution for all purposes
of this title and the Rules of the House of Representatives and any reference
to the date of enactment of a joint resolution on the budget shall be deemed to
be a reference to the date agreed to when applied to such concurrent
resolution.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HA861258BDD9E47B08581659CA8BABD8F" indent="up1"><enum>(2)</enum><text>The table of contents set forth in
section 1(b) of the Congressional Budget and Impoundment Control Act of 1974 is
amended by inserting after the item relating to section 315 the following new
item:</text>
<quoted-block id="HB0445D6FA65A419CB74385F7197EEAED" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 316. Expedited procedures upon veto
of joint resolution on the
budget.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section><section id="H67A6E8EDF1144931B8E39F3E2D6C5010"><enum>105.</enum><header>Amendments to
joint resolutions on the budget</header>
<subsection id="H1B8297ABF53946A6AC37F84A0A0078B2"><enum>(a)</enum><header>Definition</header><text>Paragraph
(4) of section 3 of the Congressional Budget Act of 1974 is amended to read as
follows:</text>
<quoted-block id="H686C7931D66A49DB840E40E4CB3D4BDC" style="OLC">
<paragraph id="H5E05BCAF4D914F0C94DEDDDE9D6F6EF2"><enum>(4)</enum><text>the term
<term>joint resolution on the budget</term> means—</text>
<subparagraph id="H84C97CAA96614EA3A30DC4FF283F3EA0"><enum>(A)</enum><text>a joint resolution
setting forth the budget for the United States Government for a fiscal year as
provided in section 301; and</text>
</subparagraph><subparagraph id="HAAACFC785A3341319777291D946D4F3E"><enum>(B)</enum><text>any other joint
resolution revising the budget for the United States Government for a fiscal
year as described in section
304.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H5209B4258AB24FA98FAD5E7DA0589FC6"><enum>(b)</enum><header>Additional
Amendments to the Congressional Budget and Impoundment Control Act of
1974</header><paragraph commented="no" display-inline="yes-display-inline" id="H9879B7971D4C467C948F55FED1EE6C45"><enum>(1)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HBCCDE8FCD2024A15ADB82824C972E62F"><enum>(A)</enum><text>Sections 301, 302, 303,
305, 308, 310, 311, 312, 314, 405, and 904 of the Congressional Budget Act of
1974 (2 U.S.C. 621 et seq.) are amended by striking <quote>concurrent</quote>
each place it appears and inserting <quote>joint</quote>.</text>
</subparagraph><subparagraph id="HC3B9BD9B623243B294A862B0BD726E1F" indent="up2"><enum>(B)</enum><text>Section 301 of the Congresional
Budget Act of 1974 is further amended by striking the last sentence.</text>
</subparagraph><subparagraph id="H03E21D4F61AA4FB39268371E93C978E9" indent="up2"><enum>(C)</enum><clause commented="no" display-inline="yes-display-inline" id="H94E07262F260424687E249ACAF687418"><enum>(i)</enum><text>Sections 302(d), 302(g),
308(a)(1)(A), and 310(d)(1) of the Congressional Budget Act of 1974 are amended
by striking <quote>most recently agreed to concurrent resolution on the
budget</quote> each place it occurs and inserting <quote>most recently enacted
joint resolution on the budget or agreed to concurrent resolution on the budget
(as applicable)</quote>.</text>
</clause><clause id="HC514323F3A0E408DACF70B73475C0169" indent="up1"><enum>(ii)</enum><text>The section heading of section 301
is amended by striking <quote><header-in-text level="section" style="traditional">annual adoption of concurrent
resolution</header-in-text></quote> and inserting <quote><header-in-text level="section" style="traditional">joint resolutions</header-in-text></quote>;
and</text>
</clause><clause id="H919CA5EC8F2343D2AF1395D4B91A920A" indent="up1"><enum>(iii)</enum><text>Section 304 of such Act is amended
to read as follows:</text>
<quoted-block id="H146ED08A262C43B690935E22A822F6F7" style="traditional">
<section id="H114ADD910A3549059EB7E26E7B309D7B"><enum>304.</enum><header>Permissible Revisions of Budget
Resolutions</header><text>At any time after
the joint resolution on the budget for a fiscal year has been enacted pursuant
to section 301, and before the end of such fiscal year, the two Houses and the
President may enact a joint resolution on the budget which revises or reaffirms
the joint resolution on the budget for such fiscal year most recently enacted,
and for purposes of the enforcement of the Congressional Budget Act of 1974,
the chairman of the Budget Committee of the House of Representatives or the
Senate, as applicable, may adjust levels as needed for the enforcement off of
the budget
resolution.</text>
</section><after-quoted-block>.</after-quoted-block></quoted-block>
</clause></subparagraph><subparagraph id="H16582240D0BD4936B0271267E94720FC" indent="up2"><enum>(D)</enum><text>Sections 302, 303, 310, and 311, of
such Act are amended by striking <quote>agreed to</quote> each place it appears
and by inserting <quote>enacted</quote>.</text>
</subparagraph></paragraph><paragraph id="HC19D66098CC24128ACA3AEC8333E0958" indent="up1"><enum>(2)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H7BE3E5C82397493D98EFF7D8AC4A7CCA"><enum>(A)</enum><text>Paragraph (4) of section
3 of the Congressional Budget and Impoundment Control Act of 1974 is amended by
striking <quote>concurrent</quote> each place it appears and by inserting
<quote>joint</quote>.</text>
</subparagraph><subparagraph id="HD3FEF0155CA54CE380F27929C92CD887" indent="up1"><enum>(B)</enum><text>The table of contents set forth in
section 1(b) of such Act is amended—</text>
<clause id="H81A2323F7F3E497DA58389CF1850E182"><enum>(i)</enum><text>in the item relating to section 301,
by striking <quote>Annual adoption of concurrent resolution</quote> and
inserting <quote>Joint resolutions</quote>;</text>
</clause><clause id="H1709BCDCDF9F41F9868039FF65FACE64"><enum>(ii)</enum><text>by striking the item relating to
section 303 and inserting the following:</text>
<quoted-block id="H3F62E9902812485F832CC076AC66EE26" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 303. Consideration of budget-related
legislation before budget becomes
law.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</clause><clause id="H02A49633C8F14F939369F75A973FD4A1"><enum>(iii)</enum><text>by striking
<quote>concurrent</quote> and inserting <quote>joint</quote> in the item
relating to section 305.</text>
</clause></subparagraph></paragraph></subsection><subsection id="H58C4259100F14D2D8F4894CB413D3B87"><enum>(c)</enum><header>Conforming
Amendments to the Rules of the House of Representatives</header><text>Clauses
1(d)(1), 4(a)(4), 4(b)(2), 4(f)(1)(A), and 4(f)(2) of rule X, clause 10 of rule
XVIII, clause 10 of rule XX, and clauses 7 and 10 of rule XXI of the Rules of
the House of Representatives are amended by striking <quote>concurrent</quote>
each place it appears and inserting <quote>joint</quote>.</text>
</subsection><subsection id="H394990D11F4741EC9001DF007300A0BC"><enum>(d)</enum><header>Conforming
Amendments to the Balanced Budget and Emergency Deficit Control Act of
1985</header><text>Section 258C(b)(1) of the Balanced Budget and Emergency
Deficit Control Act of 1985 (2 U.S.C. 907d(b)(1)) is amended by striking
<quote>concurrent</quote> and inserting <quote>joint</quote>.</text>
</subsection><subsection id="H289F7E23F5E544169293702E586B240F"><enum>(e)</enum><header>Conforming
Amendments to Section <enum-in-header>310</enum-in-header> Regarding
Reconciliation Directives</header><paragraph commented="no" display-inline="yes-display-inline" id="H7AEEEB5DBFEF4F989A2FBC61832BFB83"><enum>(1)</enum><text>The side heading of
section 310(a) of the Congressional Budget Act of 1974 (as amended by section
105(b)) is further amended by inserting <quote><header-in-text level="subsection" style="traditional">Joint Explanatory Statement Accompanying
Conference Report on</header-in-text></quote> before <quote><header-in-text level="subsection" style="traditional">Joint</header-in-text></quote>.</text>
</paragraph><paragraph id="H220CE01D87A941FB89438B700FE37493" indent="up1"><enum>(2)</enum><text>Section 310(a) of such Act is amended
by striking <quote>A</quote> and inserting <quote>The joint explanatory
statement accompanying the conference report on a</quote>.</text>
</paragraph><paragraph id="H7F49B0D8BCD241F39BDA698A32CDA65F" indent="up1"><enum>(3)</enum><text>The first sentence of section 310(b)
of such Act is amended by striking <quote>If</quote> and inserting <quote>If
the joint explanatory statement accompanying the conference report
on</quote>.</text>
</paragraph><paragraph id="H8D50B55C09EE47289495D8C37AB5013C" indent="up1"><enum>(4)</enum><text>Section 310(c)(1) of such Act is
amended by inserting <quote>the joint explanatory statement accompanying the
conference report on</quote> after <quote>pursuant to</quote>.</text>
</paragraph></subsection><subsection id="H91E5D7FABCE14CD6A8DA45C5A3A5858A"><enum>(f)</enum><header>Conforming
Amendments to Section <enum-in-header>3</enum-in-header> Regarding Direct
Spending</header><text>Section 3 of the Congressional Budget and Impoundment
Control Act of 1974 is amended by adding at the end the following new
paragraph:</text>
<quoted-block id="HB08A1C615EEC4E5F91C155AD702E7D54" style="OLC">
<paragraph id="H4227FA692CB044E4A10F7BF86B94A209"><enum>(11)</enum><text>The term
<term>direct spending</term> has the meaning given to such term in section
250(c)(8) of the Balanced Budget and Emergency Deficit Control Act of
1985.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section></subtitle><subtitle id="HC0B487E8A1044CCEB55F052AA7C06972"><enum>B</enum><header>Budgeting for
Emergencies</header>
<section id="HF85044C71E22499EB706EE4143AA0DD2"><enum>111.</enum><header>Repeal of
adjustments for emergencies</header>
<subsection id="HFF548095908C4FE2A793EDD8503A767D"><enum>(a)</enum><header>Elimination of
Emergency Designation</header><text>Sections 251(b)(2)(A), 252(e), and
252(d)(4)(B) of the Balanced Budget and Emergency Deficit Control Act of 1985
are repealed.</text>
</subsection><subsection id="H6496878215FF4D40822709111F479B5D"><enum>(b)</enum><header>Elimination of
Emergency Adjustments</header><text>Section 314(b) of the Congressional Budget
Act of 1974 is amended by striking paragraph (1) and by redesignating
paragraphs (2) through (5) as paragraphs (1) through (4), respectively.</text>
</subsection><subsection id="H15AAE4D554954E9FA3618861C14057BA"><enum>(c)</enum><header>Conforming
Amendment</header><text>Clause 2 of rule XXI of the Rules of the House of
Representatives is amended by repealing paragraph (e) and by redesignating
paragraph (f) as paragraph (e).</text>
</subsection></section><section id="H900DD42A438044F49B0238126C30B11B"><enum>112.</enum><header>Emergency
criteria</header>
<subsection id="H86AF1A1A0922441CB4682DAD7BBF48BE"><enum>(a)</enum><header>Definition of
Emergency</header><text>Section 3 of the Congressional Budget and Impoundment
Control Act of 1974 (as amended by section 105(f)) is further amended by adding
at the end the following new paragraph:</text>
<quoted-block id="H7BCBAE3F1F8B414BA90FFE69DB5CFFDC" style="OLC">
<paragraph id="H6815F54CE738493DA71960D9172D907B"><enum>(12)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HF2109D6AAB154D7ABE5278C586077611"><enum>(A)</enum><text>The term
<term>emergency</term> means a situation that—</text>
<clause id="HBB7FCFD31C164B7E885A07B39453C894" indent="up1"><enum>(i)</enum><text>requires new budget authority and
outlays (or new budget authority and the outlays flowing therefrom) for the
prevention or mitigation of, or response to, loss of life or property, or a
threat to national security; and</text>
</clause><clause id="HEB05D1EF0FE446C0A19BDC02EFF17989" indent="up1"><enum>(ii)</enum><text>is unanticipated.</text>
</clause></subparagraph><subparagraph id="HA4C7021249CF4858B8F1F270C85EB2A3" indent="up1"><enum>(B)</enum><text>As used in subparagraph (A), the term
<term>unanticipated</term> means that the situation is—</text>
<clause id="HAA6DF7EF59AA4D6C8EF3089D31E473A0"><enum>(i)</enum><text>sudden, which means quickly coming
into being or not building up over time;</text>
</clause><clause id="HB56EFA4150F3401FA5AA992C637EC10C"><enum>(ii)</enum><text>urgent, which means a pressing and
compelling need requiring immediate action;</text>
</clause><clause id="H05FE72E53691483E83BF70C5E4078BE9"><enum>(iii)</enum><text>unforeseen, which means not
predicted or anticipated as an emerging need; and</text>
</clause><clause id="H080E60798AFA4ECDAA0803A4A52D4B5D"><enum>(iv)</enum><text>temporary, which means not of a
permanent
duration.</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H2D2B6F4F9A95462C88B0BB8398B9D168"><enum>(b)</enum><header>Conforming
Amendment</header><text>The term <term>emergency</term> has the meaning given
to such term in section 3 of the Congressional Budget and Impoundment Control
Act of 1974.</text>
</subsection></section><section id="HCDA1D186362F4C6794020C955BC7821C"><enum>113.</enum><header>Development of
guidelines for application of emergency definition</header><text display-inline="no-display-inline">Not
later than 5 months after the date of enactment of this Act, the chairmen of
the Committees on the Budget (in consultation with the President) shall, after
consulting with the chairmen of the Committees on Appropriations and applicable
authorizing committees of their respective Houses and the Directors of the
Congressional Budget Office and the Office of Management and Budget, jointly
publish in the Congressional Record guidelines for application of the
definition of emergency set forth in section 3(12) of the Congressional Budget
and Impoundment Control Act of 1974.</text>
</section><section id="H742EB23C77164994B3DF18BC077A4CC0"><enum>114.</enum><header>Reserve fund
for emergencies in President’s budget</header><text display-inline="no-display-inline">Section 1105(f) of title 31, United States
Code, is amended by adding at the end the following new sentence: <quote>Such
budget submission shall also comply with the requirements of subsections (b)
and (c) of section 317 of the Congressional Budget Act of 1974 and, in the case
of any budget authority requested for an emergency, such submission shall
include a detailed justification of why such emergency is an emergency within
the meaning of section 3(12) of the Congressional Budget Act of
1974.</quote>.</text>
</section><section id="H9B83ACBB44B94C7F953973CA72CF574C"><enum>115.</enum><header>Adjustments and
reserve fund for emergencies in joint budget resolutions</header>
<subsection id="HA0A69E56C4424A4D9C582A3B41AC18B3"><enum>(a)</enum><header>Emergencies</header><text>Title
III of the Congressional Budget Act of 1974 (as amended by section 104(c)) is
further amended by adding at the end the following new section:</text>
<quoted-block id="H13E844B05B0C4133BB1402BAE2F9465B" style="traditional">
<section id="H0DF439780E8944019CCD9EEEDA085770"><enum>317.</enum><header>Emergencies</header><subsection commented="no" display-inline="yes-display-inline" id="H4007979312E142D9A9A4BDDF5FB95AD2"><enum>(a)</enum><header>Adjustments</header>
<paragraph id="HAA39246406FC4ECB9117CB2992F846D4"><enum>(1)</enum><header>Adjustment
authority</header><text display-inline="yes-display-inline">Except as provided
by subsection (b)(4), if a bill or joint resolution is reported, or an
amendment is offered thereto (or considered as adopted) or a conference report
is filed thereon, that provides new budget authority (and outlays flowing
therefrom), and such provision is designated as an emergency pursuant to this
section, the chairman of the Committee on the Budget of the House of
Representatives or the Senate, as applicable, shall make adjustments to the
allocations and aggregates set forth in the most recently agreed to joint
resolution on the budget, for the purpose of enforcing the points of order set
forth in title III of the Congressional Budget Act of 1974, up to the amount of
such provisions if such chairman determines and certifies, pursuant to the
guidelines referred to in section 113 of the Spending, Deficit, and Debt
Control Act of 2009, the portion (if any) of the amount so specified that is
for an emergency within the meaning of section 3(12).</text>
</paragraph><paragraph id="H6F968184740740078BF907712909B19A"><enum>(2)</enum><header>Limitation on
adjustment authority</header><text>The adjustments referred to in paragraph (1)
made to the allocations made pursuant to section 302(a) shall not exceed the
amount reserved for emergencies pursuant to the requirements of subsections (b)
and (c).</text>
</paragraph><paragraph id="H7841EAABB83749DEBFD21F1D7F532CAC"><enum>(3)</enum><header>Emergency
amounts exceeding adjustment authority</header><text>Before any adjustment is
made pursuant to this section for any bill, joint resolution, concurrent
resolution, or conference report that designates a provision an emergency, the
enactment of which causes the total amount of the reserve fund to be
exceeded:</text>
<subparagraph id="HFEE1FB4EF95D4728B2E7DCFF1E2976FD"><enum>(A)</enum><text>The chairman of
the Committee on the Budget of the House of Representatives or the Senate shall
convene a meeting of that committee, where it shall be in order, subject to the
terms set forth in this section, for one motion described in subparagraph (B)
to be made to authorize the chairman to make adjustments above the maximum
amount of adjustments set forth in subsection (a).</text>
</subparagraph><subparagraph id="H36B1256F4A00483AADC4971195193D5B"><enum>(B)</enum><text>The motion
referred to in subparagraph (A) shall be in the following form: <quote>I move
that the chairman of the Committee on the Budget be authorized to adjust the
allocations and aggregates set forth in the joint resolution on the budget for
fiscal year ____ by the following amount: $____ for fiscal year ____.</quote>,
with the second blank being filled in with amount determined by the chairman of
the Committee on the Budget and the first and third blank being filled in by
the applicable fiscal year.</text>
</subparagraph><subparagraph id="HAB6B1BA5A66B49A288C39F00DCE9DFD3"><enum>(C)</enum><text>The motion set
forth in subparagraph (B) shall be open for debate and amendment, but any
amendment offered thereto is only in order if limited to changing an amount in
the motion.</text>
</subparagraph><subparagraph id="HAA1048B9E8CF4611B3A75A6E6221791B"><enum>(D)</enum><text>The chairman of
the applicable Committee on the Budget may make any adjustments he deems
necessary under this section if he determines the enactment of any provision
designated as an emergency is essential to respond to an urgent and imminent
need, the chairman determines that exceptional circumstances exist and the
committee cannot convene to consider the motion referred to in this section in
a timely fashion.</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="H7856E8487D644373A53B5BE3745B95B6"><enum>(4)</enum><text>The adjustments
made pursuant to subsection (a)(1) or (2) shall—</text>
<subparagraph id="H0FBA30D0D49141A9B6D1EDB44F84CD5B"><enum>(A)</enum><text>apply while that
bill, joint resolution, conference report, or amendment is under consideration;
and</text>
</subparagraph><subparagraph id="HFDE93FC460A948A6BA40D5E160A333D4"><enum>(B)</enum><text>take effect upon
the enactment of that legislation.</text>
</subparagraph></paragraph><paragraph id="H109B90FA878A4170869C5D73514F60DB"><enum>(5)</enum><text>Such bill or joint
resolution shall be referred to the Committee on the Budget of the House of
Representatives or the Senate with instructions to report it without amendment,
other than that specified in paragraph (2), within 5 legislative days of the
day in which it is reported from the originating committee. If the Committee on
the Budget of either House fails to report a bill or joint resolution referred
to it under this paragraph within such 5-day period, the committee shall be
automatically discharged from further consideration of such bill or joint
resolution and such bill or joint resolution shall be placed on the appropriate
calendar.</text>
</paragraph><paragraph id="H2B52C67ABFAF4F1991B431590E2B1D6F"><enum>(6)</enum><text>An amendment to
such a bill or joint resolution referred to in this subsection shall only
consist of an exemption from section 251 of the Balanced Budget and Emergency
Deficit Control Act of 1985 of all or any part of the provisions that provide
budget authority (and the outlays flowing therefrom) for such emergency if the
committee determines, pursuant to the guidelines referred to in section 113 of
the Spending, Deficit, and Debt Control Act of 2009, that such budget authority
is for an emergency within the meaning of section 3(12).</text>
</paragraph></subsection><subsection id="H3E4F166E559A41DBB2B31CBB702E1C65"><enum>(b)</enum><header>Reserve
Fund</header><text>The amount set forth in the reserve fund for emergencies for
budget authority and outlays for a fiscal year pursuant to section 301(a)(4)
shall equal:</text>
<paragraph id="HFDF9AE5288CE462BA0B407ED53A312D4"><enum>(1)</enum><text>The average of the
enacted levels of budget authority for emergencies (other than those covered by
subsection (c)) in the 10 fiscal years preceding the current year; omitting in
such average the fiscal years with the highest and lowest levels of budget
authority.</text>
</paragraph><paragraph id="HFABD2551FCF347C98C1D73BFAE7CBE61"><enum>(2)</enum><text>The average of the
levels of outlays for emergencies in the 10 fiscal years preceding the current
year flowing from the budget authority referred to in paragraph (1), but only
in the fiscal year for which such budget authority first becomes available for
obligation.</text>
</paragraph><paragraph id="H56CEE6BFE93844ACA54C18F0F27EE3D1"><enum>(3)</enum><text>The adjustments
made pursuant to subsection (a)(1) or (2) shall—</text>
<subparagraph id="HD5E1593F167549F2B5EC2A4B2BDD878D"><enum>(A)</enum><text>apply while that
bill, joint resolution, conference report, or amendment is under consideration;
and</text>
</subparagraph><subparagraph id="H752F521694EF43C99C40A4C55C4B59CF"><enum>(B)</enum><text>take effect upon
the enactment of that legislation.</text>
</subparagraph></paragraph><paragraph id="H1E5A1B27A8D3437A99EC3016F62B0987"><enum>(4)</enum><text>Such bill or joint
resolution shall be referred to the Committee on the Budget of the House of
Representatives or the Senate with instructions to report it without amendment,
other than that specified in paragraph (2), within 5 legislative days of the
day in which it is reported from the originating committee. If the Committee on
the Budget of either House fails to report a bill or joint resolution referred
to it under this paragraph within such 5-day period, the committee shall be
automatically discharged from further consideration of such bill or joint
resolution and such bill or joint resolution shall be placed on the appropriate
calendar.</text>
</paragraph><paragraph id="H11D86BD92F1B47D7A4B3B991D8A3978E"><enum>(5)</enum><text>An amendment to
such a bill or joint resolution referred to in this subsection shall only
consist of an exemption from section 251 of the Balanced Budget and Emergency
Deficit Control Act of 1985 of all or any part of the provisions that provide
budget authority (and the outlays flowing therefrom) for such emergency if the
committee determines, pursuant to the guidelines referred to in section 113 of
the Spending, Deficit, and Debt Control Act of 2009, that such budget authority
is for an emergency within the meaning of section 3(12).</text>
</paragraph></subsection><subsection id="H7469ED5931B141378E6C9F3FEF34F88F"><enum>(c)</enum><header>Treatment of
Emergencies To Fund Certain Military Operations</header><text>Whenever the
Committee on Appropriations reports any bill or joint resolution that provides
budget authority for any emergency that is a threat to national security and
the funding of which carries out a military operation authorized by a
declaration of war or a joint resolution authorizing the use of military force
(or economic assistance funding in furtherance of such operation) and the
report accompanying that bill or joint resolution identifies any provision that
increases outlays or provides budget authority (and the outlays flowing
therefrom) for such emergency, the enactment of which causes the total amount
of budget authority or outlays provided for emergencies for the budget year in
the joint resolution on the budget (pursuant to section 301(a)(4)) to be
exceeded:</text>
<paragraph id="HB3101C924D184C489252CC7BD47248DF"><enum>(1)</enum><text>Such bill or joint
resolution shall be referred to the Committee on the Budget of the House of
Representatives or the Senate, as the case may be, with instructions to report
it without amendment, other than that specified in paragraph (2), within 5
legislative days of the day in which it is reported from the originating
committee. If the Committee on the Budget of either House fails to report a
bill or joint resolution referred to it under this paragraph within such 5-day
period, the committee shall be automatically discharged from further
consideration of such bill or joint resolution and such bill or joint
resolution shall be placed on the appropriate calendar.</text>
</paragraph><paragraph id="H468D38D00B6B425AB98D964B59367F95"><enum>(2)</enum><text>An amendment to
such a bill or joint resolution referred to in this subsection shall only
consist of an exemption from section 251 of the Balanced Budget and Emergency
Deficit Control Act of 1985 of all or any part of the provisions that provide
budget authority (and the outlays flowing therefrom) for such emergency if the
committee determines, pursuant to the guidelines referred to in section 113 of
the Spending, Deficit, and Debt Control Act of 2009, that such budget authority
is for an emergency within the meaning of section 3(12).</text>
</paragraph><paragraph id="H4BF045CB15BC4735B6804188E09FE733"><enum>(3)</enum><text>If such a bill or
joint resolution is reported with an amendment specified in paragraph (2) by
the Committee on the Budget of the House of Representatives or the Senate, then
the budget authority and resulting outlays that are the subject of such
amendment shall not be included in any determinations under section 302(f) or
311(a) for any bill, joint resolution, amendment, motion, or conference
report.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H140514C644C14525ACDE8E8219314E23"><enum>(b)</enum><header>Conforming
Amendment</header><text>The table of contents set forth in section 1(b) of the
Congressional Budget and Impoundment Control Act of 1974 is amended by
inserting after the item relating to section 316 the following new item:</text>
<quoted-block id="H3B928973A6884EE2AA84A1A0680E32B6" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 317.
Emergencies.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H6B5B76965E83431A9372151D8CBE9EFA"><enum>116.</enum><header>Application of
section 306 to emergencies in excess of amounts in reserve fund</header><text display-inline="no-display-inline">Section 306 of the Congressional Budget Act
of 1974 is amended by inserting at the end the following new sentence:
<quote>No amendment reported by the Committee on the Budget (or from the
consideration of which such committee has been discharged) pursuant to section
317 may be amended.</quote>.</text>
</section><section id="HBB35E4A11ABE487C8D999ED2457BA6A9"><enum>117.</enum><header>Up-to-date
tabulations</header><text display-inline="no-display-inline">Section 308(b)(2)
of the Congressional Budget Act of 1974 is amended by striking
<quote>and</quote> at the end of subparagraph (B), by striking the period at
the end of subparagraph (C) and inserting <quote>; and</quote>, and by adding
at the end the following new subparagraph:</text>
<quoted-block id="H58059FD9E68B450EA59B94E84BD97897" style="OLC">
<subparagraph id="HCF2466E04F55441F83E542C9F27B4F11"><enum>(D)</enum><text>shall include an
up-to-date tabulation of amounts remaining in the reserve fund for
emergencies.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H29B25F4C5BA149C1A2587F2175476987"><enum>118.</enum><header>Prohibition on
amendments to the emergency reserve fund</header>
<subsection id="H3D758A6AEC654AC49386294AA09EDB89"><enum>(a)</enum><header>Point of
Order</header><text>Section 305 of the Congressional Budget Act of 1974 (as
amended by section 103(f)) is further amended by adding at the end the
following new subsection:</text>
<quoted-block id="H31B965C5518048EBBC67FE1D6BBFA653" style="OLC">
<subsection id="HFF2BD6910B1D47128E41CB28D0118A04"><enum>(f)</enum><header>Point of Order
Regarding Emergency Reserve Fund</header><text>It shall not be in order in the
House of Representatives or in the Senate to consider an amendment to a joint
resolution on the budget which changes the amount of budget authority and
outlays set forth in section 301(a)(4) for the emergency reserve
fund.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H2B91B277E3FA4448BCAF5DA16750C876"><enum>(b)</enum><header>Technical
Amendment</header><paragraph commented="no" display-inline="yes-display-inline" id="HD76403B3F09649D483A079CE21BBE5D8"><enum>(1)</enum><text>Section 904(C)(1) of the
Congressional Budget Act of 1974 is amended by inserting <quote>305(e),
305(f),</quote> after <quote>305(c)(4),</quote>.</text>
</paragraph><paragraph id="H9EC3C1DFE1984BABADC556EC6C95C808" indent="up1"><enum>(2)</enum><text>Section 904(d)(2) of the
Congressional Budget Act of 1974 is amended by inserting <quote>305(e),
305(f),</quote> after <quote>305(c)(4),</quote>.</text>
</paragraph></subsection></section></subtitle><subtitle id="HBEA18AC98BFF44AE9ED10D8A5E5D1669"><enum>C</enum><header>Biennial
Budget</header>
<section id="H3994EFA3761C48CC89F6E0900A04F4AE"><enum>121.</enum><header>Effective
date</header><text display-inline="no-display-inline">The provisions of this
subtitle shall take effect on January 1 of the calendar year after the year of
the enactment of this Act.</text>
</section><section id="HC6B6EFA5923A439E8627801154EB613A"><enum>122.</enum><header>Revision of
timetable</header><text display-inline="no-display-inline">Section 300 of the
Congressional Budget Act of 1974 (2 U.S.C. 631) is amended to read as
follows:</text>
<quoted-block id="H8B7246F09F8A4950B415076393478C03" style="traditional">
<section id="H2D6EF4C8EF764FDC96E8201B3EB7E42E"><enum>300.</enum><header>Timetable</header><subsection commented="no" display-inline="yes-display-inline" id="H0FBCD305BFF94CE28DCFD78619496F96"><enum>(a)</enum><header>In
General</header><text>Except as provided by subsection (b), the timetable with
respect to the congressional budget process for any Congress (beginning with
the One Hundred Twelfth Congress or a subsequent Congress, as applicable) is as
follows:</text>
<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" subformat="S6211" table-template-name="Generic: 2 text, 1st shorter" table-type="">
<ttitle>First Session</ttitle>
<tgroup cols="2" grid-typeface="1.1" no-carding="1" rowsep="0" thead-tbody-ldg-size="10.10.12" ttitle-size="10"><colspec coldef="txt" colname="column1" colwidth="298.50pt" min-data-value="125"></colspec><colspec coldef="txt-no-ldr" colname="column2" colwidth="384.00pt" min-data-value="175"></colspec>
<tbody>
<row><entry colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr"><bold>On or before:</bold></entry><entry colname="column2" leader-modify="clr-ldr" rowsep="0"><bold>Action to be
completed:</bold></entry>
</row>
<row><entry colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr">First Monday in February</entry><entry colname="column2" leader-modify="clr-ldr">President submits budget
recommendations.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">February
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congressional Budget Office submits report to Budget
Committees.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">Not
later than 6 weeks after budget submission</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Committees submit views and estimates
to Budget Committees.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">April
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Budget
Committees report joint resolution on the biennial budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">May
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congress completes action on joint resolution on the
biennial budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">May
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Biennial appropriation bills may be considered in the
House of Representatives.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
10</entry><entry align="left" colname="column2" leader-modify="clr-ldr">House
Appropriations Committee reports last biennial appropriation bill.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
30</entry><entry align="left" colname="column2" leader-modify="clr-ldr">House
completes action on biennial appropriation bills.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">October
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Biennium
begins.</entry>
</row>
</tbody>
</tgroup>
</table>
<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" subformat="S6211" table-template-name="Generic: 2 text, 1st shorter" table-type="">
<ttitle>Second Session</ttitle>
<tgroup cols="2" grid-typeface="1.1" no-carding="1" rowsep="0" thead-tbody-ldg-size="10.10.12" ttitle-size="10"><colspec coldef="txt" colname="column1" colwidth="298.50pt" min-data-value="125"></colspec><colspec coldef="txt-no-ldr" colname="column2" colwidth="385.50pt" min-data-value="175"></colspec>
<tbody>
<row><entry colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr"><bold>On or before:</bold></entry><entry colname="column2" leader-modify="clr-ldr" rowsep="0"><bold>Action to be
completed:</bold></entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">February
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">President submits budget review.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">Not
later than 6 weeks after President submits budget review</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congressional Budget
Office submits report to Budget Committees.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">The last
day of the session</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congress completes action on bills and resolutions
authorizing new budget authority for the succeeding biennium.</entry>
</row>
</tbody>
</tgroup>
</table>
</subsection><subsection id="H81BA0A151FC74C88AD4751DBC585BFC9"><enum>(b)</enum><header>Special
Rule</header><text>In the case of any first session of Congress that begins in
any year during which the term of a President (except a President who succeeds
himself) begins, the following dates shall supersede those set forth in
subsection (a):</text>
<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" subformat="S6211" table-template-name="Generic: 2 text, 1st shorter" table-type="">
<ttitle>First Session</ttitle>
<tgroup cols="2" grid-typeface="1.1" no-carding="1" rowsep="0" thead-tbody-ldg-size="10.10.12" ttitle-size="10"><colspec coldef="txt" colname="column1" colwidth="162.00pt" min-data-value="125"></colspec><colspec coldef="txt-no-ldr" colname="column2" colwidth="424.50pt" min-data-value="175"></colspec>
<tbody>
<row><entry colname="column1" leader-modify="clr-ldr" rowsep="0" stub-definition="txt-ldr"><bold>On or before:</bold></entry><entry colname="column2" leader-modify="clr-ldr" rowsep="0"><bold>Action to be
completed:</bold></entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">First
Monday in April</entry><entry align="left" colname="column2" leader-modify="clr-ldr">President submits budget recommendations.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">April
20</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Committees submit views and estimates to Budget
Committees.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">May
15</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Budget
Committees report joint resolution on the biennial budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Congress
completes action on joint resolution on the biennial budget.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">June
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Biennial
appropriation bills may be considered in the House of Representatives.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">July
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">House
Appropriations Committee reports last biennial appropriation bill.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">July
20</entry><entry align="left" colname="column2" leader-modify="clr-ldr">House
completes action on biennial appropriation bills.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">October
1</entry><entry align="left" colname="column2" leader-modify="clr-ldr">Biennium
begins.</entry>
</row>
</tbody>
</tgroup></table>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H4F052C12310247F4BAA0C9C94420D194"><enum>123.</enum><header>Amendments to
the Congressional Budget and Impoundment Control Act of 1974</header>
<subsection id="HE386DD1CDED74F3193BE83EC34BAEB3E"><enum>(a)</enum><header>Declaration of
Purpose</header><text>Section 2(2) of the Congressional Budget and Impoundment
Control Act of 1974 (2 U.S.C. 621(2)) is amended by striking <quote>each
year</quote> and inserting <quote>biennially</quote>.</text>
</subsection><subsection id="HAAC5A0FFADD94B198137C7F0BAB28F6A"><enum>(b)</enum><header>Definitions</header>
<paragraph id="HBD0F2B2373534BA6BB54FFB6E103D631"><enum>(1)</enum><header>Budget
resolution</header><text>Section 3(4) of such Act (2 U.S.C. 622(4)) is amended
by striking <quote>fiscal year</quote> each place it appears and inserting
<quote>biennium</quote>.</text>
</paragraph><paragraph id="H8998E2823269478693CCE76781E6107C"><enum>(2)</enum><header>Biennium</header><text>Section
3 of such Act (2 U.S.C. 622) (as amended by section 113(a)) is further amended
by adding at the end the following new paragraph:</text>
<quoted-block id="H8FBD756744BE4D3C93B25C03A24E6ACC" style="OLC">
<paragraph id="H6F89C81044F7413CB57A4880FE617AC7"><enum>(13)</enum><text>The term
<term>biennium</term> means the period of 2 consecutive fiscal years beginning
on October 1 of any odd-numbered
year.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HEC66B33787BB4B5F96C563667083EDF2"><enum>(c)</enum><header>Biennial Joint
Resolution on the Budget</header>
<paragraph id="H1011700B9D5942168DF81515C481F8A7"><enum>(1)</enum><header>Contents of
resolution</header><text>Section 301(a) of such Act (2 U.S.C. 632(a)) is
amended—</text>
<subparagraph id="H6379B01D6FA542088FA378BA21031FBA"><enum>(A)</enum><text>in the matter
preceding paragraph (1) by—</text>
<clause id="HED20A45FC5DA4FF6974E0AF858CBC935"><enum>(i)</enum><text>striking
<quote>April 15 of each year</quote> and inserting <quote>May 15 of each
odd-numbered year</quote>;</text>
</clause><clause id="HA60E64C8A970414EB046FF1A792CEBD0"><enum>(ii)</enum><text>striking
<quote>the fiscal year beginning on October 1 of such year</quote> the first
place it appears and inserting <quote>the biennium beginning on October 1 of
such year</quote>;</text>
</clause><clause id="H670CBD310E1942908A59166ED4DDB668"><enum>(iii)</enum><text>striking
<quote>the fiscal year beginning on October 1 of such year</quote> the second
place it appears and inserting <quote>each fiscal year in such period</quote>;
and</text>
</clause><clause id="H4A640B023F194B3EA2AA270896A38FB5"><enum>(iv)</enum><text>striking
<quote>each of the four ensuing fiscal years</quote> and inserting <quote>each
fiscal year in the next 2 bienniums</quote>;</text>
</clause></subparagraph><subparagraph id="H8646D2A27F9C43FA9BD5747F3CB9BEC0"><enum>(B)</enum><text>in paragraph (6),
by striking <quote>for the fiscal year</quote> and inserting <quote>for each
fiscal year in the biennium</quote>; and</text>
</subparagraph><subparagraph id="HDF98EC422ADC4397B31B9E135796C3D5"><enum>(C)</enum><text>in paragraph (7),
by striking <quote>for the fiscal year</quote> and inserting <quote>for each
fiscal year in the biennium</quote>.</text>
</subparagraph></paragraph><paragraph id="H4B56CF12F4B9491D95CA78C3FFA5B594"><enum>(2)</enum><header>Additional
matters</header><text>Section 301(b) of such Act (2 U.S.C. 632(b)) is
amended—</text>
<subparagraph id="H5B9B6CD41AC14B8AA4C3839D5785921E"><enum>(A)</enum><text>in paragraph (3),
by striking <quote>for such fiscal year</quote> and inserting <quote>for either
fiscal year in such biennium</quote>; and</text>
</subparagraph><subparagraph id="H3FE0C3770A0D49648FE3ABCE05E74296"><enum>(B)</enum><text>in paragraph (7),
by striking <quote>for the first fiscal year</quote> and inserting <quote>for
each fiscal year in the biennium</quote>.</text>
</subparagraph></paragraph><paragraph id="H86846E963E7E46A8A557EC1CE21C1640"><enum>(3)</enum><header>Views of other
committees</header><text>Section 301(d) of such Act (2 U.S.C. 632(d)) is
amended by inserting <quote>(or, if applicable, as provided by section
300(b))</quote> after <quote>United States Code</quote>.</text>
</paragraph><paragraph id="HE4F2E7AC08DF4719AF404534F5AC42A7"><enum>(4)</enum><header>Hearings</header><text>Section
301(e)(1) of such Act (2 U.S.C. 632(e)) is amended by—</text>
<subparagraph id="H11E3FD155033465592126C80348BE5A8"><enum>(A)</enum><text>striking
<quote>fiscal year</quote> and inserting <quote>biennium</quote>; and</text>
</subparagraph><subparagraph id="H4B446CC924734570817F9BEE16892850"><enum>(B)</enum><text>inserting after
the second sentence the following: <quote>On or before April 1 of each
odd-numbered year (or, if applicable, as provided by section 300(b)), the
Committee on the Budget of each House shall report to its House the joint
resolution on the budget referred to in subsection (a) for the biennium
beginning on October 1 of that year.</quote>.</text>
</subparagraph></paragraph><paragraph id="H91AB3A8B2C4544AE9F1CD39F000B22D2"><enum>(5)</enum><header>Goals for
reducing unemployment</header><text>Section 301(f) of such Act (2 U.S.C.
632(f)) is amended by striking <quote>fiscal year</quote> each place it appears
and inserting <quote>biennium</quote>.</text>
</paragraph><paragraph id="HDA0BF588C0A94CF693C8C1746EA1396F"><enum>(6)</enum><header>Economic
assumptions</header><text>Section 301(g)(1) of such Act (2 U.S.C. 632(g)(1)) is
amended by striking <quote>for a fiscal year</quote> and inserting <quote>for a
biennium</quote>.</text>
</paragraph><paragraph id="H9B4BB20DE47A4AC985DCD6BF3D92085E"><enum>(7)</enum><header>Section
heading</header><text>The section heading of section 301 of such Act is amended
by striking <quote><header-in-text style="traditional">annual</header-in-text></quote> and inserting
<quote><header-in-text style="traditional">biennial</header-in-text></quote>.</text>
</paragraph><paragraph id="H7D2472BD7C654EEC8E2721F3A2B2C04B"><enum>(8)</enum><header>Table of
contents</header><text>The item relating to section 301 in the table of
contents set forth in section 1(b) of such Act is amended by striking
<quote>Annual</quote> and inserting <quote>Biennial</quote>.</text>
</paragraph></subsection><subsection id="HD0317CA21E7D40C08CDE10F11D7432B9"><enum>(d)</enum><header>Committee
Allocations</header><text>Section 302 of such Act (2 U.S.C. 633) is
amended—</text>
<paragraph id="H758FEA4BCB1B40CFAC1ADEE4DEE983C4"><enum>(1)</enum><text>in subsection
(a)(1) by—</text>
<subparagraph id="H5FE6E290531842AFA98069674C22F9CF"><enum>(A)</enum><text>striking
<quote>for the first fiscal year of the resolution,</quote> and inserting
<quote>for each fiscal year in the biennium,</quote>;</text>
</subparagraph><subparagraph id="H6C8EAFF3EACB40EE88FC6563951E95C4"><enum>(B)</enum><text>striking
<quote>for that period of fiscal years</quote> and inserting <quote>for all
fiscal years covered by the resolution</quote>; and</text>
</subparagraph><subparagraph id="H92A5FE51C3694636844EDBF32BC091A9"><enum>(C)</enum><text>striking
<quote>for the fiscal year of that resolution</quote> and inserting <quote>for
each fiscal year in the biennium</quote>;</text>
</subparagraph></paragraph><paragraph id="H6ED7BA9D407145A49F6ED8F0BB8AE5E6"><enum>(2)</enum><text>in subsection
(f)(1), by striking <quote>for a fiscal year</quote> and inserting <quote>for a
biennium</quote>;</text>
</paragraph><paragraph id="HD6C48841CF084EA2B0E654E41ED982AA"><enum>(3)</enum><text>in subsection
(f)(1), by striking <quote>first fiscal year</quote> and inserting
<quote>either fiscal year of the biennium</quote>;</text>
</paragraph><paragraph id="H9A62F4BD1DAC4C4DA49F399BADE06507"><enum>(4)</enum><text>in subsection
(f)(2)(A), by—</text>
<subparagraph id="HEC077865F10944F1AB05E50D7AB5BE1E"><enum>(A)</enum><text>striking
<quote>first fiscal year</quote> and inserting <quote>each fiscal year of the
biennium</quote>; and</text>
</subparagraph><subparagraph id="HECCAC6C2822F44A990A2C7CA7F4DBBCC"><enum>(B)</enum><text>striking
<quote>the total of fiscal years</quote> and inserting <quote>the total of all
fiscal years covered by the resolution</quote>; and</text>
</subparagraph></paragraph><paragraph id="H0D50428DCAF44BD8BA735B72B3B86336"><enum>(5)</enum><text>in subsection
(g)(1)(A), by striking <quote>April</quote> and inserting
<quote>May</quote>.</text>
</paragraph></subsection><subsection id="H7EC32073808544AFB1F5CBECFC5636B4"><enum>(e)</enum><header>Section
<enum-in-header>303</enum-in-header> Point of Order</header><text>Section 303
of such Act (2 U.S.C. 634(a)) is amended by striking <quote>for a fiscal
year</quote> and inserting <quote>for a biennium</quote> and by striking
<quote>the first fiscal year</quote> and inserting <quote>each fiscal year of
the biennium</quote>.</text>
</subsection><subsection id="HDEA67911931B4F7782D3911B8C21C356"><enum>(f)</enum><header>Permissible
Revisions of Joint Resolutions on the Budget</header><text>Section 304 of such
Act (2 U.S.C. 635) is amended—</text>
<paragraph id="HEB055F79C86247128F97AB8711C2EDE1"><enum>(1)</enum><text>by striking
<quote>fiscal year</quote> the first two places it appears and inserting
<quote>biennium</quote>;</text>
</paragraph><paragraph id="H9CE5396E7E004F28B65EE8472DF6C5EC"><enum>(2)</enum><text>by striking
<quote>for such fiscal year</quote>; and</text>
</paragraph><paragraph id="HDE9343498D424B28B049AFCD05E7247F"><enum>(3)</enum><text>by inserting
before the period <quote>for such biennium</quote>.</text>
</paragraph></subsection><subsection id="H76005828C4F44918B963CEBCFB2DA84F"><enum>(g)</enum><header>Procedures for
Consideration of Budget Resolutions</header><text>Section 305(a)(3) of such Act
(2 U.S.C. 636(b)(3)) is amended by striking <quote>fiscal year</quote> and
inserting <quote>biennium</quote>.</text>
</subsection><subsection id="H2C9EBE7B8F794EAF83ADFB234A491308"><enum>(h)</enum><header>Completion of
House Committee Action on Appropriation Bills</header><text>Section 307 of such
Act (2 U.S.C. 638) is amended—</text>
<paragraph id="H071853A8B79D4FE4B7321AB0735246D9"><enum>(1)</enum><text>by striking
<quote>each year</quote> and inserting <quote>each odd-numbered year (or, if
applicable, as provided by section 300(b), July 1)</quote>;</text>
</paragraph><paragraph id="H84FC504066D549EAB2854A211C7CA474"><enum>(2)</enum><text>by striking
<quote>annual</quote> and inserting <quote>biennial</quote>;</text>
</paragraph><paragraph id="H41D5DC6C7A4A4EDAB1CDE0BB4C80E816"><enum>(3)</enum><text>by striking
<quote>fiscal year</quote> and inserting <quote>biennium</quote>; and</text>
</paragraph><paragraph id="H9E0872E9D1874516A2A247C35D08ECA8"><enum>(4)</enum><text>by striking
<quote>that year</quote> and inserting <quote>each odd-numbered
year</quote>.</text>
</paragraph></subsection><subsection id="H1D590A2554C04A68B29748075D3EB581"><enum>(i)</enum><header>Completion of
House Action on Regular Appropriation Bills</header><text>Section 309 of such
Act (2 U.S.C. 640) is amended—</text>
<paragraph id="H2B19941405964E9CBB7735D5721F34D8"><enum>(1)</enum><text>by striking
<quote>It</quote> and inserting <quote>Except whenever section 300(b) is
applicable, it</quote>;</text>
</paragraph><paragraph id="H7E6FA12B15044D138898A6F42BEE519A"><enum>(2)</enum><text>by inserting
<quote>of any odd-numbered calendar year</quote> after
<quote>July</quote>;</text>
</paragraph><paragraph id="H99D11B24B3084BD2A8E27D4EA8207F44"><enum>(3)</enum><text>by striking
<quote>annual</quote> and inserting <quote>biennial</quote>; and</text>
</paragraph><paragraph id="H6C129F651F654395827A42D2826CAA92"><enum>(4)</enum><text>by striking
<quote>fiscal year</quote> and inserting <quote>biennium</quote>.</text>
</paragraph></subsection><subsection id="H4F27145FB4674BA68144E49BB800D56D"><enum>(j)</enum><header>Reconciliation
Process</header><text>Section 310 of such Act (2 U.S.C. 641) is amended—</text>
<paragraph id="H2573057F1C95450587D995E9647E2A1F"><enum>(1)</enum><text>in subsection (a),
in the matter preceding paragraph (1), by striking <quote>any fiscal
year</quote> and inserting <quote>any biennium</quote>;</text>
</paragraph><paragraph id="H8312F8FCA91D4D5CAEFAEEB3BE1DB5D8"><enum>(2)</enum><text>in subsection
(a)(1), by striking <quote>such fiscal year</quote> each place it appears and
inserting <quote>any fiscal year covered by such resolution</quote>; and</text>
</paragraph><paragraph id="HD11F839C2BA34B7F92A8EB62B7F70AD2"><enum>(3)</enum><text>by striking
subsection (f) and redesignating subsection (g) as subsection (f).</text>
</paragraph></subsection><subsection id="HA7ACFC735A7D4A6AA0104770FFA85DFB"><enum>(k)</enum><header>Section
<enum-in-header>311</enum-in-header> Point of Order</header>
<paragraph id="H27602B90AACA4EBD8A8C48E348048108"><enum>(1)</enum><header>In the House of
Representatives</header><text>Section 311(a)(1) of such Act (2 U.S.C. 642(a))
is amended—</text>
<subparagraph id="H127FB919ADE6468499B5AA02E4C3BBE7"><enum>(A)</enum><text>by striking
<quote>for a fiscal year</quote> and inserting <quote>for a
biennium</quote>;</text>
</subparagraph><subparagraph id="H2648141B074B4E02A97746D519213BCC"><enum>(B)</enum><text>by striking
<quote>the first fiscal year</quote> each place it appears and inserting
<quote>either fiscal year of the biennium</quote>; and</text>
</subparagraph><subparagraph id="H2C47AC7EAAAE4377B80C375CC042AFE3"><enum>(C)</enum><text>by striking
<quote>that first fiscal year</quote> and inserting <quote>each fiscal year in
the biennium</quote>.</text>
</subparagraph></paragraph><paragraph id="H9031ACE4FFA14C279B3A80205D3B8249"><enum>(2)</enum><header>In the
senate</header><text>Section 311(a)(2) of such Act is amended—</text>
<subparagraph id="H7FF43D8046FC4EC390CDEBCD1001EF3E"><enum>(A)</enum><text>in subparagraph
(A), by striking <quote>for the first fiscal year</quote> and inserting
<quote>for either fiscal year of the biennium</quote>; and</text>
</subparagraph><subparagraph id="H8B3D4D9F1598416A99D0172E25D4BE84"><enum>(B)</enum><text>in subparagraph
(B)—</text>
<clause id="H5BD8AC222ADB490B9E00E42DB241FEE0"><enum>(i)</enum><text>by
striking <quote>that first fiscal year</quote> the first place it appears and
inserting <quote>each fiscal year in the biennium</quote>; and</text>
</clause><clause id="HD800CF3BA6C449A99B4DD9D65264B4D1"><enum>(ii)</enum><text>by
striking <quote>that first fiscal year and the ensuing fiscal years</quote> and
inserting <quote>all fiscal years</quote>.</text>
</clause></subparagraph></paragraph><paragraph id="H34E447F3C6FA473184FE445AF85A4EFA"><enum>(3)</enum><header>Social security
levels</header><text>Section 311(a)(3) of such Act is amended by—</text>
<subparagraph id="HDFB4BAA10A18424FB11BC95883FC3A8B"><enum>(A)</enum><text>striking
<quote>for the first fiscal year</quote> and inserting <quote>each fiscal year
in the biennium</quote>; and</text>
</subparagraph><subparagraph id="H3408458BFF7B4A81B66DE84ED558A6A9"><enum>(B)</enum><text>striking
<quote>that fiscal year and the ensuing fiscal years</quote> and inserting
<quote>all fiscal years</quote>.</text>
</subparagraph></paragraph></subsection><subsection id="H03CAC7CE5C9B4A6AB5FC22447E769349"><enum>(l)</enum><header>Maximum Deficit
Amount Point of Order</header><text>Section 312(c) of the Congressional Budget
Act of 1974 (2 U.S.C. 643) is amended—</text>
<paragraph id="H03145A01BA9240CCABC5AB578A6BABC5"><enum>(1)</enum><text>by striking
<quote>for a fiscal year</quote> and inserting <quote>for a
biennium</quote>;</text>
</paragraph><paragraph id="H8C40A77E701E42F794011E3E2F0E9388"><enum>(2)</enum><text>in paragraph (1),
by striking <quote>first fiscal year</quote> and inserting <quote>either fiscal
year in the biennium</quote>;</text>
</paragraph><paragraph id="H7A9264C2432843A8BC2F6A4C8FC40FF8"><enum>(3)</enum><text>in paragraph (2),
by striking <quote>that fiscal year</quote> and inserting <quote>either fiscal
year in the biennium</quote>; and</text>
</paragraph><paragraph id="HA10085358DA8422FA836CED857004AEE"><enum>(4)</enum><text>in the matter
following paragraph (2), by striking <quote>that fiscal year</quote> and
inserting <quote>the applicable fiscal year</quote>.</text>
</paragraph></subsection></section><section id="H45A09D0CE598481996F8ED3EC4DE6021"><enum>124.</enum><header>Amendments to
Rules of the House of Representatives</header>
<subsection id="H2F83DD3C87AC4953B794271534F6E9DF"><enum>(a)</enum><text>Clause 4(a)(1)(A)
of rule X of the Rules of the House of Representatives is amended by inserting
<quote>odd-numbered</quote> after <quote>each</quote>.</text>
</subsection><subsection id="H2ADF8506351945D0B581C9A212069CD9"><enum>(b)</enum><text>Clause 4(a)(4) of
rule X of the Rules of the House of Representatives is amended by striking
<quote>fiscal year</quote> and inserting <quote>biennium</quote>.</text>
</subsection><subsection id="H9B69CE76D1814AEC83003587D20BAAF9"><enum>(c)</enum><text>Clause 4(b)(2) of
rule X of the Rules of the House of Representatives is amended by striking
<quote>each fiscal year</quote> and inserting <quote>the
biennium</quote>.</text>
</subsection><subsection id="H554570D701FB4C33BD23832DEB8FFC58"><enum>(d)</enum><text>Clause 4(b) of
rule X of the Rules of the House of Representatives is amended by striking
<quote>and</quote> at the end of subparagraph (5), by striking the period and
inserting <quote>; and</quote> at the end of subparagraph (6), and by adding at
the end the following new subparagraph:</text>
<quoted-block id="H05A3CE1FB812419AB92717D809ADADBF" style="OLC">
<paragraph id="H5A49CA21566C401DA76C6EC3B76FB05B"><enum>(7)</enum><text>use the second
session of each Congress to study issues with long-term budgetary and economic
implications, including holding hearings to receive testimony from committees
of jurisdiction to identify problem areas and to report on the results of
oversight; and by January 1 of each odd-number year, issuing a report to the
Speaker which identifies the key issues facing the Congress in the next
biennium.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HA30D9B8C5A8B43C6B990BBAC73D98FF6"><enum>(e)</enum><text>Clause 4(e) of
rule X of the Rules of the House of Representatives is amended by striking
<quote>annually</quote> each place it appears and inserting
<quote>biennially</quote> and by striking <quote>annual</quote> and inserting
<quote>biennial</quote>.</text>
</subsection><subsection id="H43D8F7CC6FA043F1BFADBF19FCCC5446"><enum>(f)</enum><text>Clause 4(f) of
rule X of the Rules of the House of Representatives is amended—</text>
<paragraph id="H0D76552F37F947AF8CA9F42E87ABD5F9"><enum>(1)</enum><text>by inserting
<quote>during each odd-numbered year</quote> after <quote>submits his
budget</quote>;</text>
</paragraph><paragraph id="HD5B78C01FEE64724887AC4DC7D990622"><enum>(2)</enum><text>by striking
<quote>fiscal year</quote> the first place it appears and inserting
<quote>biennium</quote>; and</text>
</paragraph><paragraph id="H7A11FC5D17AF4D2C8F8BE6A07A4D4C47"><enum>(3)</enum><text>by striking
<quote>that fiscal year</quote> and inserting <quote>each fiscal year in such
ensuing biennium</quote>.</text>
</paragraph></subsection><subsection id="H8EE193F5955B42F6871956B389126A64"><enum>(g)</enum><text>Clause 11(i) of
rule X of the Rules of the House of Representatives is amended by striking
<quote>during the same or preceding fiscal year</quote>.</text>
</subsection><subsection id="HB8376FF7C01D4ECB81DD22497577474B"><enum>(h)</enum><text>Clause 3(d)(2)(A)
of rule XIII of the Rules of the House of Representatives is amended by
striking <quote>five</quote> both places it appears and inserting
<quote>six</quote>.</text>
</subsection><subsection id="H3DF824D3D69C41A992C5BDC768365737"><enum>(i)</enum><text>Clause 5(a)(1) of
rule XIII of the Rules of the House of Representatives is amended by striking
<quote>fiscal year after September 15 in the preceding fiscal year</quote> and
inserting <quote>biennium after September 15 of the calendar year in which such
biennium begins</quote>.</text>
</subsection></section><section id="HF431C93C9C3C49BDB9E1474C90BB33C5"><enum>125.</enum><header>Two-year
appropriations; title and style of appropriation Acts</header><text display-inline="no-display-inline">Section 105 of title 1, United States Code,
is amended to read as follows:</text>
<quoted-block id="HDF9BF91722B54397AC1154F572D633DD" style="USC">
<section id="H4CDA3D36B4504F34AA3755D4AF513D28"><enum>105.</enum><header>Title and style
of appropriations Acts</header>
<subsection id="HB74EAF2EDE0B4EE89E0858D6210079F5"><enum>(a)</enum><text>The style and
title of all Acts making appropriations for the support of the Government shall
be as follows: <quote>An Act making appropriations (here insert the object) for
each fiscal year in the biennium of fiscal years (here insert the fiscal years
of the biennium).</quote>.</text>
</subsection><subsection id="H9FB6B435BA7D4CA2AF8C52EF9678B24B"><enum>(b)</enum><text>All Acts making
regular appropriations for the support of the Government shall be enacted for a
biennium and shall specify the amount of appropriations provided for each
fiscal year in such period.</text>
</subsection><subsection id="HFA0C3224A57543DA9888B7E0C0E3741D"><enum>(c)</enum><text>For purposes of
this section, the term <term>biennium</term> has the same meaning as in section
3(13) of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C.
622(13)).</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H915682EA7EB14EA2BBF24D5793848143"><enum>126.</enum><header>Multiyear
authorizations</header>
<subsection id="H09A5B0B472974E7FAF93185280CADD92"><enum>(a)</enum><header>In
General</header><text>Title III of the Congressional Budget Act of 1974 (as
amended by section 115(a)) is further amended by adding at the end the
following new section:</text>
<quoted-block id="H14991FE8BCD04D5DA646381AACAEC48A" style="traditional">
<section id="H28D482825BC24C79A6DF121848DCEEF5"><enum>318.</enum><header>Multiyear authorizations of
appropriations</header><subsection commented="no" display-inline="yes-display-inline" id="HFF6BA2168C714358B601BD2B9A3B1DC9"><enum>(a)</enum><text>It shall not be in order
in the House of Representatives or the Senate to consider any measure that
contains a specific authorization of appropriations for any purpose unless the
measure includes such a specific authorization of appropriations for that
purpose for not less than each fiscal year in one or more bienniums.</text>
</subsection><subsection id="HB9299955D10C44748D47679C7645A14D"><enum>(b)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H1B62EAB726454838A67E273A23BAB5C9"><enum>(1)</enum><text>For purposes of this
section, a specific authorization of appropriations is an authorization for the
enactment of an amount of appropriations or amounts not to exceed an amount of
appropriations (whether stated as a sum certain, as a limit, or as such sums as
may be necessary) for any purpose for a fiscal year.</text>
</paragraph><paragraph id="H89854F5DA8C947E1BEECCB1EE6C5967F" indent="up1"><enum>(2)</enum><text>Subsection (a) does not apply with
respect to an authorization of appropriations for a single fiscal year for any
program, project, or activity if the measure containing that authorization
includes a provision expressly stating the following: <quote>Congress finds
that no authorization of appropriation will be required for [Insert name of
applicable program, project, or activity] for any subsequent fiscal
year.</quote>.</text>
</paragraph></subsection><subsection id="H4ED99380AEBB4FECBF91C5D49EB12204"><enum>(c)</enum><text>For purposes of
this section, the term <term>measure</term> means a bill, joint resolution,
amendment, motion, or conference
report.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H21E899D0DE454F779441F174AEE9E9D0"><enum>(b)</enum><header>Amendment to
Table of Contents</header><text>The table of contents set forth in section 1(b)
of the Congressional Budget and Impoundment Control Act of 1974 is amended by
adding after the item relating to section 317 the following new item:</text>
<quoted-block id="HE43A7EAF538A4149A26D2434F5493489" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 318. Multiyear authorizations of
appropriations.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H1FDDA8C12D414FDFB7D99F46E863D4E9"><enum>127.</enum><header>Government
strategic and performance plans on a biennial basis</header>
<subsection id="H069E006BD7344F02932D2BAD772A2AE5"><enum>(a)</enum><header>Strategic
Plans</header><text>Section 306 of title 5, United States Code, is
amended—</text>
<paragraph id="H58C1024D2BF04E159859B13A07DF20F6"><enum>(1)</enum><text>in subsection (a),
by striking <quote>September 30, 1997</quote> and inserting <quote>September
30, 2010</quote>;</text>
</paragraph><paragraph id="HB11225CCA0194A71ABBBEDAC2DABC500"><enum>(2)</enum><text>in subsection
(b)—</text>
<subparagraph id="H72DAA9AD70204EE8B2A9BF17A4407C91"><enum>(A)</enum><text>by striking
<quote>at least every three years</quote> and all that follows thereafter and
inserting <quote>at least every 4 years, except that strategic plans submitted
by September 30, 2010, shall be updated and revised by September 30,
2012</quote>; and</text>
</subparagraph><subparagraph id="HAF1420A10CB1485AA9671101EE8EA4DD"><enum>(B)</enum><text>by striking
<quote>five years forward</quote> and inserting <quote>six years
forward</quote>; and</text>
</subparagraph></paragraph><paragraph id="H3780D51CD4174EC1AF4FE3682E4A8C44"><enum>(3)</enum><text>in subsection (c),
by inserting a comma after <quote>section</quote> the second place it appears
and adding <quote>including a strategic plan submitted by September 30, 2010,
meeting the requirements of subsection (a)</quote>.</text>
</paragraph></subsection><subsection id="HB6B778B113E945F9AFFAEED4C3AAB4FB"><enum>(b)</enum><header>Budget Contents
and Submission to Congress</header><text>Paragraph (28) of section 1105(a) of
title 31, United States Code, is amended by striking <quote>beginning with
fiscal year 1999, a</quote> and inserting <quote>beginning with fiscal year
2012, a biennial</quote>.</text>
</subsection><subsection id="H0C08DD25F4CE41E79FF0E858338382F6"><enum>(c)</enum><header>Performance
Plans</header><text>Section 1115 of title 31, United States Code, is
amended—</text>
<paragraph id="HE3989AF0DFA248949BD7129DE6B71B71"><enum>(1)</enum><text>in subsection
(a)—</text>
<subparagraph id="H109F41B076BD4010968554BE7F614964"><enum>(A)</enum><text>in the matter
before paragraph (1) by striking <quote>an annual</quote> and inserting
<quote>a biennial</quote>;</text>
</subparagraph><subparagraph id="HAC2C1F65C70942E1B3A12FCA37553F81"><enum>(B)</enum><text>in paragraph (1)
by inserting after <quote>program activity</quote> the following: <quote>for
both years 1 and 2 of the biennial plan</quote>;</text>
</subparagraph><subparagraph id="H8533840CBD3649ACBE4F01806D7E2488"><enum>(C)</enum><text>in paragraph (5)
by striking <quote>and</quote> after the semicolon;</text>
</subparagraph><subparagraph id="HF40043F38BDD495B81F1ED435588E041"><enum>(D)</enum><text>in paragraph (6)
by striking the period and inserting a semicolon; and inserting
<quote>and</quote> after the inserted semicolon; and</text>
</subparagraph><subparagraph id="H1AE9606B163548469050AE1AD360C77E"><enum>(E)</enum><text>by adding after
paragraph (6) the following:</text>
<quoted-block id="H354FBBF189714D858C29B454F24A8984" style="OLC">
<paragraph id="HCDE195C8DA374A08A30797999678520F"><enum>(7)</enum><text>cover each fiscal
year of the biennium beginning with the first fiscal year of the next biennial
budget
cycle.</text>
</paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HB66EA8B3A3094C6AB7457C13A0B4899A"><enum>(2)</enum><text>in subsection (d)
by striking <quote>annual</quote> and inserting <quote>biennial</quote>;
and</text>
</paragraph><paragraph id="H55F33CCB73A94E2D8212D3AF717C312E"><enum>(3)</enum><text>in paragraph (6)
of subsection (g) by striking <quote>annual</quote> and inserting
<quote>biennial</quote>.</text>
</paragraph></subsection><subsection id="H38D2DBB2CCF846E09E40E5F637A21FE7"><enum>(d)</enum><header>Managerial
Accountability and Flexibility</header><text>Section 9703 of title 31, United
States Code, relating to managerial accountability, is amended—</text>
<paragraph id="H3D7965AEE3994F029FFFC7BC52D2B06E"><enum>(1)</enum><text>in subsection
(a)—</text>
<subparagraph id="H3ADFA53D9E924B7EB9EADC367C1E0D63"><enum>(A)</enum><text>in the first
sentence by striking <quote>annual</quote>; and</text>
</subparagraph><subparagraph id="HA156D3397D4F462F8202F773B072A2F5"><enum>(B)</enum><text>by striking
<quote>section 1105(a)(29)</quote> and inserting <quote>section
1105(a)(28)</quote>;</text>
</subparagraph></paragraph><paragraph id="H8C172085DBFE439CB89911EF53B06D07"><enum>(2)</enum><text>in subsection
(e)—</text>
<subparagraph id="H3926554BFA6D49E79D648B429AB7F5BC"><enum>(A)</enum><text>in the first
sentence by striking <quote>one or</quote> before <quote>two
years</quote>;</text>
</subparagraph><subparagraph id="HCA2C120B3DA64FD992F3FF860C6EA2C7"><enum>(B)</enum><text>in the second
sentence by striking <quote>a subsequent year</quote> and inserting <quote>for
a subsequent 2-year period</quote>; and</text>
</subparagraph><subparagraph id="H2948508376B54C7AA6747C6EBA53681F"><enum>(C)</enum><text>in the third
sentence by striking <quote>three</quote> and inserting
<quote>four</quote>.</text>
</subparagraph></paragraph></subsection><subsection id="H76B33EFA8D0E4B429D1BFAE42228DBE8"><enum>(e)</enum><header>Strategic
Plans</header><text>Section 2802 of title 39, United States Code, is
amended—</text>
<paragraph id="H20437C9E106945F9AC1B385EC928FD7C"><enum>(1)</enum><text>in subsection (a),
by striking <quote>September 30, 1997</quote> and inserting <quote>September
30, 2010</quote>;</text>
</paragraph><paragraph id="HC0BFA35E90B64376B0BEBA3C23CC7B23"><enum>(2)</enum><text>in subsection (b),
by striking <quote>at least every three years</quote> and inserting <quote>at
least every 4 years except that strategic plans submitted by September 30,
2010, shall be updated and revised by September 30, 2013</quote>;</text>
</paragraph><paragraph id="H123CEB2A35C94E7382C097678786A503"><enum>(3)</enum><text>in subsection (b),
by striking <quote>five years forward</quote> and inserting <quote>six years
forward</quote>; and</text>
</paragraph><paragraph id="HE548DE4765EE4E91A12E86C59BA49E93"><enum>(4)</enum><text>in subsection (c),
by inserting a comma after <quote>section</quote> the second place it appears
and inserting <quote>including a strategic plan submitted by September 30,
2010, meeting the requirements of subsection (a)</quote>.</text>
</paragraph></subsection><subsection id="H65155EE9B87A4EBA970C9F18A9662533"><enum>(f)</enum><header>Performance
Plans</header><text>Section 2803(a) of title 39, United States Code, is
amended—</text>
<paragraph id="HAEFE3EF788714F5CB1081FAEEE1298CA"><enum>(1)</enum><text>in the matter
before paragraph (1), by striking <quote>an annual</quote> and inserting
<quote>a biennial</quote>;</text>
</paragraph><paragraph id="H9768875B9FA349089992986A33A36238"><enum>(2)</enum><text>in paragraph (1),
by inserting after <quote>program activity</quote> the following: <quote>for
both years 1 and 2 of the biennial plan</quote>;</text>
</paragraph><paragraph id="H01E5BFC249E442B7BC2C33E1F29F81F8"><enum>(3)</enum><text>in paragraph (5),
by striking <quote>and</quote> after the semicolon;</text>
</paragraph><paragraph id="HD52376FC656E4834B05EA02BE1AFC78B"><enum>(4)</enum><text>in paragraph (6),
by striking the period and inserting <quote>; and</quote>; and</text>
</paragraph><paragraph id="H279E1B022D8447E9A70770A1DA2710EE"><enum>(5)</enum><text>by adding after
paragraph (6) the following:</text>
<quoted-block id="HBD4520E2658D4728BEB23C72FCF3DB1B" style="OLC">
<paragraph id="H0A28C8D5D30E4F5482AC9EF3F1008E76"><enum>(7)</enum><text>cover each fiscal
year of the biennium beginning with the first fiscal year of the next biennial
budget
cycle.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H977F89D517D94DB189656264637657C0"><enum>(g)</enum><header>Committee Views
of Plans and Reports</header><text>Section 301(d) of the Congressional Budget
Act (2 U.S.C. 632(d)) is amended by adding at the end <quote>Each committee of
the Senate or the House of Representatives shall review the strategic plans,
performance plans, and performance reports, required under section 306 of title
5, United States Code, and sections 1115 and 1116 of title 31, United States
Code, of all agencies under the jurisdiction of the committee. Each committee
may provide its views on such plans or reports to the Committee on the Budget
of the applicable House.</quote>.</text>
</subsection></section><section id="H4E01E13BFF6C4178B602567418FE9511"><enum>128.</enum><header>Biennial
appropriation bills</header>
<subsection id="H164A8FD2AB604D789BBCBE36F1B878B8"><enum>(a)</enum><header>In the House of
Representatives</header><text>Clause 2(a) of rule XXI of the Rules of the House
of Representatives is amended by adding at the end the following new
subparagraph:</text>
<quoted-block id="H20224BB1E534434089941DE4CC7652E6" style="OLC">
<paragraph id="H50D9BE83DD834D559273760E54B02AE7" indent="up1"><enum>(3)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HA492576DF84147F0BA1EC41118523184"><enum>(A)</enum><text>Except as provided by
subdivision (B), an appropriation may not be reported in a general
appropriation bill (other than a supplemental appropriation bill), and may not
be in order as an amendment thereto, unless it provides new budget authority or
establishes a level of obligations under contract authority for each fiscal
year of a biennium.</text>
</subparagraph><subparagraph id="H6FC993A4E01B41FBB89415CF91F02461" indent="up1"><enum>(B)</enum><text>Subdivision (A) does not apply with
respect to an appropriation for a single fiscal year for any program, project,
or activity if the bill or amendment thereto containing that appropriation
includes a provision expressly stating the following: <quote>Congress finds
that no additional funding beyond one fiscal year will be required and the
[Insert name of applicable program, project, or activity] will be completed or
terminated after the amount provided has been expended.</quote>.</text>
</subparagraph><subparagraph id="H1F3E3D9DD5F24EA7A0AC7CEDAFA36D4D" indent="up1"><enum>(C)</enum><text>For purposes of paragraph (b), the
statement set forth in subdivision (B) with respect to an appropriation for a
single fiscal year for any program, project, or activity may be included in a
general appropriation bill or amendment
thereto.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HEDE7336B332643EFA39C1C55E2DD6285"><enum>(b)</enum><header>Conforming
Amendment</header><text>Clause 5(b)(1) of rule XXII of the House of
Representatives is amended by striking <quote>or (C)</quote> and inserting
<quote>or (3) or 2(C)</quote>.</text>
</subsection></section><section id="H3816E4B1E5464B6ABC709679E4616A3E"><enum>129.</enum><header>Assistance by
Federal agencies to standing committees of the Senate and the House of
Representatives</header>
<subsection id="H7E14A4AD43E04E508B2BE5E32E301425"><enum>(a)</enum><header>Information
Regarding Agency Appropriations Requests</header><text>To assist each standing
committee of the House of Representatives and the Senate in carrying out its
responsibilities, the head of each Federal agency which administers the laws or
parts of laws under the jurisdiction of such committee shall provide to such
committee such studies, information, analyses, reports, and assistance as may
be requested by the chairman and ranking minority member of the
committee.</text>
</subsection><subsection id="HCF1355AFF2BD4232B5723AEE947DC6C1"><enum>(b)</enum><header>Information
Regarding Agency Program Administration</header><text>To assist each standing
committee of the House of Representatives and the Senate in carrying out its
responsibilities, the head of any agency shall furnish to such committee
documentation, containing information received, compiled, or maintained by the
agency as part of the operation or administration of a program, or specifically
compiled pursuant to a request in support of a review of a program, as may be
requested by the chairman and ranking minority member of such committee.</text>
</subsection><subsection id="H78C42B9367414744905DA554FCAFDECF"><enum>(c)</enum><header>Summaries by
Comptroller General</header><text>Within 30 days after the receipt of a request
from a chairman and ranking minority member of a standing committee having
jurisdiction over a program being reviewed and studied by such committee under
this section, the Comptroller General of the United States shall furnish to
such committee summaries of any audits or reviews of such program which the
Comptroller General has completed during the preceding 6 years.</text>
</subsection><subsection id="HED5F65A465A640CB93BF6328317866A5"><enum>(d)</enum><header>Congressional
Assistance</header><text>Consistent with their duties and functions under law,
the Comptroller General of the United States, the Director of the Congressional
Budget Office, and the Director of the Congressional Research Service shall
continue to furnish (consistent with established protocols) to each standing
committee of the House of Representatives or the Senate such information,
studies, analyses, and reports as the chairman and ranking minority member may
request to assist the committee in conducting reviews and studies of programs
under this section.</text>
</subsection></section></subtitle><subtitle id="HF4ACDEE1A39F4A82B24B0E2A07A6CE5D"><enum>D</enum><header>Prevention of
Government Shutdown</header>
<section id="H3C37C7DA1CD242CDA410CB8A1D9341BA"><enum>131.</enum><header>Amendment to
title 31</header>
<subsection id="H12EB4C76A00345EEA5A2C5B9B252BB66"><enum>(a)</enum><header>In
General</header><text>Chapter 13 of title 31, United States Code, is amended by
inserting after section 1310 the following new section:</text>
<quoted-block id="H300BA146D00D452EAE8944E2671EB6AD" style="USC">
<section id="H03A72D37920446C4AB4518620329043F"><enum>1311.</enum><header>Continuing
appropriations</header>
<subsection id="H0E124AF0A333453AB4E2FD54C1CF1FF1"><enum>(a)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H30D525C6837D475BB567C8C785512C64"><enum>(1)</enum><text>If any regular
appropriation bill for a fiscal year (or, if applicable, for each fiscal year
in a biennium) does not become law before the beginning of such fiscal year or
a joint resolution making continuing appropriations is not in effect, there are
appropriated, out of any money in the Treasury not otherwise appropriated, and
out of applicable corporate or other revenues, receipts, and funds, excluding
any budget authority designated as an emergency or temporary funding for
projects or activities that are not part of ongoing operations, to such sums as
may be necessary to continue any project or activity for which funds were
provided in the preceding fiscal year—</text>
<subparagraph id="H5D53D53283B148B48F4703CAD2A5C5CC" indent="up1"><enum>(A)</enum><text>in the corresponding regular
appropriation Act for such preceding fiscal year; or</text>
</subparagraph><subparagraph id="H7A60E82B432B40C580559BD9481BAC97" indent="up1"><enum>(B)</enum><text>if the corresponding regular
appropriation bill for such preceding fiscal year did not become law, then in a
joint resolution making continuing appropriations for such preceding fiscal
year.</text>
</subparagraph></paragraph><paragraph id="HE86BC984D0F94310AF9821D8888BD1BD" indent="up1"><enum>(2)</enum><text>Appropriations and funds made
available, and authority granted, for a project or activity for any fiscal year
pursuant to this section shall be at a rate of operations not in excess of the
lower of—</text>
<subparagraph id="HD3DAA272B7804AF5A698745D9B860D8F"><enum>(A)</enum><text>the rate of operations provided for in
the regular appropriation Act providing for such project or activity for the
preceding fiscal year;</text>
</subparagraph><subparagraph id="HF6A252899A094ADD9450347A1E5B248A"><enum>(B)</enum><text>in the absence of such an Act, the
rate of operations provided for such project or activity pursuant to a joint
resolution making continuing appropriations for such preceding fiscal
year;</text>
</subparagraph><subparagraph id="H2DDA75AFB55B44899C8D2AE0E591A779"><enum>(C)</enum><text>the rate of operations provided for in
the regular appropriation bill as passed by the House of Representatives or the
Senate for the fiscal year in question, except that the lower of these two
versions shall be ignored for any project or activity for which there is a
budget request if no funding is provided for that project or activity in either
version; or</text>
</subparagraph><subparagraph id="H1EBEB808882D48DE969941831E3C69AA"><enum>(D)</enum><text>the annualized rate of operations
provided for in the most recently enacted joint resolution making continuing
appropriations for part of that fiscal year or any funding levels established
under the provisions of this Act.</text>
</subparagraph></paragraph><paragraph id="H6208DBDE82E441FC9552A8F5B04132BD" indent="up1"><enum>(3)</enum><text>Appropriations and funds made
available, and authority granted, for any fiscal year pursuant to this section
for a project or activity shall be available for the period beginning with the
first day of a lapse in appropriations and ending with the earlier of—</text>
<subparagraph id="HE141BFFF17454283963360653FF51D5F"><enum>(A)</enum><text>the date on which the applicable
regular appropriation bill for such fiscal year becomes law (whether or not
such law provides for such project or activity) or a continuing resolution
making appropriations becomes law, as the case may be; or</text>
</subparagraph><subparagraph id="H80B31E6E3F004256BAD4A1F4ED7223A0"><enum>(B)</enum><text>the last day of such fiscal
year.</text>
</subparagraph></paragraph></subsection><subsection id="HAA9046DA03C54FF8A96950DBC2579307"><enum>(b)</enum><text>An appropriation
or funds made available, or authority granted, for a project or activity for
any fiscal year pursuant to this section shall be subject to the terms and
conditions imposed with respect to the appropriation made or funds made
available for the preceding fiscal year, or authority granted for such project
or activity under current law.</text>
</subsection><subsection id="H69820930AB2A46DAAD4399AE24B99775"><enum>(c)</enum><text>Appropriations and
funds made available, and authority granted, for any project or activity for
any fiscal year pursuant to this section shall cover all obligations or
expenditures incurred for such project or activity during the portion of such
fiscal year for which this section applies to such project or activity.</text>
</subsection><subsection id="H990EEF1AD81949A8AABE58B0FC7B63E8"><enum>(d)</enum><text>Expenditures made
for a project or activity for any fiscal year pursuant to this section shall be
charged to the applicable appropriation, fund, or authorization whenever a
regular appropriation bill or a joint resolution making continuing
appropriations until the end of a fiscal year providing for such project or
activity for such period becomes law.</text>
</subsection><subsection id="H16735B6840E34CC8B7617ED908FFB7DE"><enum>(e)</enum><text>This section shall
not apply to a project or activity during a fiscal year if any other provision
of law (other than an authorization of appropriations)—</text>
<paragraph id="HEA01EAB6BE0549A894D9CD29481631D6"><enum>(1)</enum><text>makes an
appropriation, makes funds available, or grants authority for such project or
activity to continue for such period; or</text>
</paragraph><paragraph id="H68D70D4B76CE4BC7BBE68172E5F71326"><enum>(2)</enum><text>specifically
provides that no appropriation shall be made, no funds shall be made available,
or no authority shall be granted for such project or activity to continue for
such period.</text>
</paragraph></subsection><subsection id="HDF543A4651F643AC87627C55F19E495F"><enum>(f)</enum><text>For purposes of
this section, the term <term>regular appropriation bill</term> means any annual
appropriation bill making appropriations, otherwise making funds available, or
granting authority, for any of the following categories of projects and
activities:</text>
<paragraph id="H4F5D2663201B43099B2A8DF3D5970B20"><enum>(1)</enum><text>Agriculture, rural
development, Food and Drug Administration, and related agencies
programs.</text>
</paragraph><paragraph id="HDDCB843EE0E74102B75288EB0C313278"><enum>(2)</enum><text>The Department of
Defense.</text>
</paragraph><paragraph id="H226650C3E42F46C7B2EF33A212E8B0AC"><enum>(3)</enum><text>Energy and water
development, and related agencies.</text>
</paragraph><paragraph id="H6439ED22596D41C9A19EF93CA4905488"><enum>(4)</enum><text>State, foreign
operations, and related programs.</text>
</paragraph><paragraph id="H52E3C800C41F4256836B059181F591E3"><enum>(5)</enum><text>The Department of
Homeland Security.</text>
</paragraph><paragraph id="HE8F94096BEE14524A50A9191B980F6D4"><enum>(6)</enum><text>The Department of
the Interior, Environmental Protection Agency, and related agencies.</text>
</paragraph><paragraph id="H53FB34E71C1C4623843000E42431D7CA"><enum>(7)</enum><text>The Departments of
Labor, Health and Human Services, and Education, and related agencies.</text>
</paragraph><paragraph id="HECD287679AED44749884CC74C280A3E8"><enum>(8)</enum><text>Military
construction, veterans affairs, and related agencies.</text>
</paragraph><paragraph id="H79486AC6718B486C85CC5CFB55BAE2B1"><enum>(9)</enum><text>Science, the
Departments of State, Justice, and Commerce, and related agencies.</text>
</paragraph><paragraph id="H70565BAE7FE041DDB48B235206A76843"><enum>(10)</enum><text>The Departments
of Transportation, Housing and Urban Development, and related agencies.</text>
</paragraph><paragraph id="HFCD3826A0C244BC7BEA1E0AF4200474C"><enum>(11)</enum><text>The Legislative
Branch.</text>
</paragraph><paragraph id="HD186F63431A74F24B31389B28255B8F9"><enum>(12)</enum><text>Financial
services and general
government.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H117449D32E2C490A8259D7BD7177FBD4"><enum>(b)</enum><header>Clerical
Amendment</header><text>The analysis of chapter 13 of title 31, United States
Code, is amended by inserting after the item relating to section 1310 the
following new item:</text>
<quoted-block id="HB814A2D8983F4F5A9A0F65BD956E0CEB" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">1311. Continuing
appropriations.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section></subtitle><subtitle id="H46D653A2C53B4661A5AD630CDD0A1E4D"><enum>E</enum><header>The
Baseline</header>
<section id="H5357EA72C72B4D598E0517D90FBF8B7F"><enum>141.</enum><header>Elimination of
inflation adjustment</header><text display-inline="no-display-inline">Section
257(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 is
amended—</text>
<paragraph id="HDF411BD57C1843A5B4DB2F606D51E35A"><enum>(1)</enum><text>in paragraph (1)
by striking <quote>for inflation as specified in paragraph (5),</quote>;
and</text>
</paragraph><paragraph id="H8118942101C740408B045C2C20677F4A"><enum>(2)</enum><text>by striking
paragraph (5) and redesignating paragraph (6) as paragraph (5).</text>
</paragraph></section><section id="HA83AFCF368644D449437D5619DD20E51"><enum>142.</enum><header>The President’s
budget</header>
<subsection id="HD22D1312FB41451AAD4022C2D970501A"><enum>(a)</enum><text>Paragraph (5) of
section 1105(a) of title 31, United States Code, is amended to read as
follows:</text>
<quoted-block id="HD0A94590515E46AEAAB306A74760C9D7" style="OLC">
<paragraph id="H68B14DB27C5C4C71B769040BC65A549B"><enum>(5)</enum><text>except as provided
in subsection (b) of this section, estimated expenditures and appropriations
for the current year and estimated expenditures and proposed appropriations the
President decides are necessary to support the Government in the fiscal year
for which the budget is submitted and at least the 4 fiscal years following
that year, and, except for detailed budget estimates, the percentage change
from the current year to the fiscal year for which the budget is submitted for
estimated expenditures and for
appropriations.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HB16D70C4A079474D8067477B04DD7191"><enum>(b)</enum><text>Section 1105(a)(6)
of title 31, United States Code, is amended to read as follows:</text>
<quoted-block id="H263B67C48AF74543849D47FFD44689BB" style="OLC">
<paragraph id="H713BD8B6FE594C05B5FF9C68BB4B8E7D"><enum>(6)</enum><text>estimated receipts
of the Government in the current year and the fiscal year for which the budget
is submitted and at least the 4 fiscal years after that year under—</text>
<subparagraph id="H4C38A30502E14E508B45B57E0893EC7B"><enum>(A)</enum><text>laws in effect
when the budget is submitted; and</text>
</subparagraph><subparagraph id="H5051147B14E8461FA485707147464FFC"><enum>(B)</enum><text>proposals in the
budget to increase revenues,</text>
</subparagraph><continuation-text continuation-text-level="paragraph">and the
percentage change (in the case of each category referred to in subparagraphs
(A) and (B)) between the current year and the fiscal year for which the budget
is submitted and between the current year and each of the 9 fiscal years after
the fiscal year for which the budget is
submitted.</continuation-text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H682108CF1BA247E4A98DBD4B064F0301"><enum>(c)</enum><text>Section
1105(a)(12) of title 31, United States Code, is amended to read as
follows:</text>
<quoted-block id="HB53A54872F6C490691F653D19FBE2FCF" style="OLC">
<paragraph id="H7CF93965CB8A48BA873B0C13278801E0"><enum>(12)</enum><text>for each proposal
in the budget for legislation that establishes or expands a Government activity
or function, a table showing—</text>
<subparagraph id="H2B33E796C74741D186C9E8BBD196506B"><enum>(A)</enum><text>the amount
proposed in the budget for appropriation and for expenditure because of the
proposal in the fiscal year for which the budget is submitted;</text>
</subparagraph><subparagraph id="H3BA3D86BA7F34784B30B48301D4F44D7"><enum>(B)</enum><text>the estimated
appropriation required because of the proposal for each of at least the 4
fiscal years after that year that the proposal will be in effect; and</text>
</subparagraph><subparagraph id="HE3F5E6B3C69C45748215F7F8A5753726"><enum>(C)</enum><text>the estimated
amount for the same activity or function, if any, in the current fiscal
year,</text>
</subparagraph><continuation-text continuation-text-level="paragraph">and,
except for detailed budget estimates, the percentage change (in the case of
each category referred to in subparagraphs (A), (B), and (C)) between the
current year and the fiscal year for which the budget is
submitted.</continuation-text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H8A92187604314C5294EFD96D85939572"><enum>(d)</enum><text>Section
1105(a)(18) of title 31, United States Code, is amended by inserting <quote>new
budget authority and</quote> before <quote>budget outlays</quote>.</text>
</subsection><subsection id="H0F686E996983470396B8B5E49F92968B"><enum>(e)</enum><text>Section 1105(a) of
title 31, United States Code, is amended by adding at the end the following new
paragraphs:</text>
<quoted-block id="HAABBACAF926944978F6BDFD6D56D560A" style="OLC">
<paragraph id="H047E9EAF91524DFD81E640D0C6506D2B"><enum>(36)</enum><text>a comparison of
levels of estimated expenditures and proposed appropriations for each function
and subfunction in the current fiscal year and the fiscal year for which the
budget is submitted, along with the proposed increase or decrease of spending
in percentage terms for each function and subfunction.</text>
</paragraph><paragraph id="HF89990D234614F5B841035587C30B483"><enum>(37)</enum><text>a table on
sources of growth in total direct spending under current law and as proposed in
this budget submission for the budget year and at least the ensuing 9 fiscal
years, which shall include changes in outlays attributable to the following:
cost-of-living adjustments; changes in the number of program recipients;
increases in medical care prices, utilization and intensity of medical care;
and residual
factors.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HC58B08FED9D0499E86C3CE8342CB6243"><enum>(f)</enum><text>Section 1109(a) of
title 31, United States Code, is amended by inserting after the first sentence
the following new sentence: <quote>For discretionary spending, these estimates
shall assume the levels no higher than those set forth in the discretionary
spending limits under section 251(b) of the Balanced Budget and Emergency
Deficit Control Act of 1985, as adjusted, for the appropriate fiscal years (and
if no such limits are in effect, these estimates shall assume adjusted levels
no higher than those for the most recent fiscal year for which such levels were
in effect).</quote>.</text>
</subsection></section><section id="H3E0C24538F3844809BFD193AD84B04CE"><enum>143.</enum><header>The
congressional budget</header><text display-inline="no-display-inline">Section
301(e) of the Congressional Budget Act of 1974 (as amended by section 103) is
further amended—</text>
<paragraph id="H0DABF2411B8F49E2A12E7714EB8AB5AF"><enum>(1)</enum><text>in paragraph (1),
by inserting at the end the following: <quote>The basis of deliberations in
developing such joint resolution shall be the estimated budgetary levels for
the preceding fiscal year. Any budgetary levels pending before the committee
and the text of the joint resolution shall be accompanied by a document
comparing such levels or such text to the estimated levels of the prior fiscal
year.</quote>; and</text>
</paragraph><paragraph id="H082AF464331B4BB199E304F6B97D763B"><enum>(2)</enum><text>in paragraph (2),
by striking <quote>and</quote> at the end of subparagraph (H) (as
redesignated), by striking the period and inserting <quote>; and</quote> at the
end of subparagraph (I) (as redesignated), and by adding at the end the
following new subparagraph:</text>
<quoted-block id="H40F05702EA5446CCAB41C136760AC245" style="OLC">
<subparagraph id="H2FC02FF4E2AB42E1A77BA4B898CA81B3"><enum>(J)</enum><text>a comparison of
levels for the current fiscal year with proposed spending and revenue levels
for the subsequent fiscal years along with the proposed increase or decrease of
spending in percentage terms for each
function.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="H83E092934AEA46FC81719186F70702A6"><enum>144.</enum><header>Congressional
Budget Office reports to committees</header>
<subsection id="H48D020A5ABCC4B58B9FCBD44E234A011"><enum>(a)</enum><header>Comparable
Levels</header><text>The first sentence of section 202(e)(1) of the
Congressional Budget Act of 1974 is amended by inserting <quote>compared to
comparable levels for the current year</quote> before the comma at the end of
subparagraph (A) and before the comma at the end of subparagraph (B).</text>
</subsection><subsection id="H4FCD5BA6A5784B7EA913E2E56290E2F5"><enum>(b)</enum><header>Sources of
Spending Growth</header><text>Section 202(e)(1) of the Congressional Budget Act
of 1974 is amended by inserting after the first sentence the following new
sentence: <quote>Such report shall also include a table on sources of spending
growth in total direct spending, revenue, deficit and debt for the budget year
and the ensuing 4 fiscal years, which shall include changes in outlays
attributable to the following: cost-of-living adjustments; changes in the
number of program recipients; increases in medical care prices, utilization and
intensity of medical care; and residual factors.</quote>.</text>
</subsection><subsection id="H05CE49182C7A4E8DA21525D15DFD4D1F"><enum>(c)</enum><header>Comparison of
Levels</header><text>Section 308(a)(1)(B) of the Congressional Budget Act of
1974 is amended by inserting <quote>and shall include a comparison of those
levels to comparable levels for the current fiscal year</quote> before
<quote>if timely submitted</quote>.</text>
</subsection></section><section id="H03CB66908A79473E84F4B7982CFB1CA8"><enum>145.</enum><header>Treatment of
emergencies</header><text display-inline="no-display-inline">Section 257(c) of
the Balanced Budget and Emergency Deficit Control Act of 1985 (as amended by
section 141) is further amended by adding at the end the following new
paragraph:</text>
<quoted-block id="H4421D5607116414385FB67CDC43E0C36" style="OLC">
<paragraph id="HDBBA2D30CD914D0E9B88285E89069548"><enum>(6)</enum><header>Emergencies</header><text>Budgetary
resources for emergencies shall be at the level provided in the reserve fund
for emergencies for that fiscal year pursuant to section 301(a)(4) of the
Congressional Budget Act of
1974.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section></subtitle><enum>II</enum><header>SPENDING LIMITS
AND DEFICIT CONTROL</header>
<section id="HA2B0E7503B244BF39D2007E516B1AA16"><enum>200.</enum><header>Short
title</header><text display-inline="no-display-inline">This title may be cited
as the <quote><short-title>Spending Enforcement and Reform
Act of 2009</short-title></quote>.</text>
</section><subtitle id="H2610AB4B0D9548F9B3B42CB950C5213F"><enum>A</enum><header>Spending Limits
and Deficit Control</header>
<section id="H1B4659A938634EBD8A397C23A7968B17"><enum>201.</enum><header>Discretionary
spending limits</header>
<subsection id="H2C1FB4AEF6994D759FFF562F20B2C285"><enum>(a)</enum><header>Discretionary
Spending Limits</header><text>Section 251 of the Balanced Budget and Emergency
Deficit Control of Act of 1985 is amended to read as follows:</text>
<quoted-block id="H94871CBC969048D197301DEA7D90566E" style="OLC">
<subsection id="HBAB2031D772244B98189C8375BD17573"><enum>(a)</enum><header>Discretionary
Spending Limits</header><text>For each fiscal year set forth in this
subsection, the total level of discretionary spending for all nonexempt
discretionary spending programs, projects, and activities shall not exceed the
following levels:</text>
<paragraph id="HB264AA9D1F3148FF87BA3B46237CF4C1"><enum>(1)</enum><text>with respect to
fiscal year 2011—</text>
<subparagraph id="H5B2B6A3E6EA2472E8F39FC57BAEB639F"><enum>(A)</enum><text display-inline="yes-display-inline">$1,058,021,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="H7F437C27A09845969B0FF21D3A5ED52E"><enum>(B)</enum><text display-inline="yes-display-inline">$1,216,924,000,000 in outlays;</text>
</subparagraph></paragraph><paragraph id="HDC55606308574311AB5710A8CE8866EB"><enum>(2)</enum><text>with respect to
fiscal year 2012—</text>
<subparagraph id="H09E4513F6EE745198D7ED9B2827DA4D2"><enum>(A)</enum><text display-inline="yes-display-inline">$1,068,938,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="HBCE144441AD249FCAEC80AC292FD8F57"><enum>(B)</enum><text display-inline="yes-display-inline">$1,164,593,000,000 in outlays;</text>
</subparagraph></paragraph><paragraph id="H3D8BE067277F4BF083ED7DDA801D2855"><enum>(3)</enum><text>with respect to
fiscal year 2013—</text>
<subparagraph id="H009F0EABBA7140C7A032368669742BCE"><enum>(A)</enum><text display-inline="yes-display-inline">$1,079,387,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="HDBE3BAECFF9E401EA32CC1CEFAF188D4"><enum>(B)</enum><text display-inline="yes-display-inline">$1,158,941,000,000 in outlays;</text>
</subparagraph></paragraph><paragraph id="HC61551D3EB8F41BD91E40CD44470F480"><enum>(4)</enum><text>with respect to
fiscal year 2014—</text>
<subparagraph id="H34963E04803742BEB3C0CCF9C075DEA7"><enum>(A)</enum><text display-inline="yes-display-inline">$1,094,344,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="H910A037C37E8407785D3A35CCAF81AF1"><enum>(B)</enum><text display-inline="yes-display-inline">$1,160,021,000,000 in outlays;</text>
</subparagraph></paragraph><paragraph id="H7E14B5DD83FE45FF87B23EF57BB2D4B8"><enum>(5)</enum><text>with respect to
fiscal year 2015—</text>
<subparagraph id="HA8160BF4B6424B45A7CE58FE2093A76F"><enum>(A)</enum><text display-inline="yes-display-inline">$1,113,727,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="H40ECADE282434113B1265BFD16E99D74"><enum>(B)</enum><text display-inline="yes-display-inline">$1,168,741,000,000 in outlays;</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="HA9F523E4E6164FD5B5310C2BC936BC22"><enum>(6)</enum><text>with respect to
fiscal year 2016—</text>
<subparagraph id="HDFB2235446AA44B3A68ACB7C5C1BC8A8"><enum>(A)</enum><text display-inline="yes-display-inline">$1,138,053,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="H25B480279AFB4EB79FBE579BEF2700DC"><enum>(B)</enum><text display-inline="yes-display-inline">$1,189,434,000,000 in outlays;</text>
</subparagraph></paragraph><paragraph id="H63B0A974B60E47949A578AB0DCF93889"><enum>(7)</enum><text>with respect to
fiscal year 2017—</text>
<subparagraph id="H3D4661B3D7534CFFA9AA8AFD1628433E"><enum>(A)</enum><text display-inline="yes-display-inline">$1,162,849,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="H763031B8183149EC9F82908879A3BFE2"><enum>(B)</enum><text display-inline="yes-display-inline">$1,207,686,000,000 in outlays; and</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="H70CC7B92FED64FA0AF95E90916D4F73D"><enum>(8)</enum><text>with respect to
fiscal year 2018—</text>
<subparagraph id="H745B9066B545498197B092C2AD216DFA"><enum>(A)</enum><text display-inline="yes-display-inline">$1,187,516,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="HF285985396B1433988A9D9D287C51736"><enum>(B)</enum><text display-inline="yes-display-inline">$1,226,788,000,000 in outlays; and</text>
</subparagraph></paragraph><paragraph id="H66C757454FA24CAB87AF14FD17ECD74F"><enum>(9)</enum><text>with respect to
fiscal year 2019—</text>
<subparagraph id="HF5EC9B1742D24ECFA8389D07DD67BAAA"><enum>(A)</enum><text display-inline="yes-display-inline">$1,214,197,000,000 in new budget authority;
and</text>
</subparagraph><subparagraph id="HBBFF719130C444B283033E1870469008"><enum>(B)</enum><text display-inline="yes-display-inline">$1,256,883,000,000 in outlays.</text>
</subparagraph></paragraph></subsection><subsection display-inline="no-display-inline" id="H99410D8DCAB34D16A818454B0AF47D4A"><enum>(b)</enum><header>Sequence of
Sequestration Reports</header><text>Within 15 calendar days after Congress
adjourns to end a session and on the same day as a spending reduction ordered
under sections 252A, 252B, and 253, but prior to any spending reduction
required by sections 252A, 252B, and 253, OMB shall issue a final spending
reduction report to reduce an excess spending amount.</text>
</subsection><subsection id="H0578B86CF03843EC81E1CC8F7110F33D"><enum>(c)</enum><header>Spending
Reduction Order</header><text>A spending reduction ordered pursuant to
subsection (b) shall be implemented using the procedures set forth in section
256.</text>
</subsection><after-quoted-block>. </after-quoted-block></quoted-block>
</subsection><subsection id="H841409E5D6CD4108A53A0D3195C9A30E"><enum>(b)</enum><header>Conforming
Amendment</header><text>The item relating to section 251 in the table of
contents set forth in 250(c) of the Balanced Budget and Emergency Deficit
Control Act of 1985 is amended to read as follows:</text>
<quoted-block id="H0DC97858B87B42D4946E8044B848904C" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 251. Discretionary spending
limits.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H695651FC3B484E28AB474AA172FAC239"><enum>202.</enum><header>Direct spending
limits</header>
<subsection id="H8EB90DCFDE81432F8D22FAF875F11423"><enum>(a)</enum><header>Control of
Direct Spending</header><text>The Balanced Budget and Emergency Deficit Control
Act of 1985 is amended by adding after section 252 the following new
section:</text>
<quoted-block id="H25A13F8FD99D4914B1997418F7B3B01D" style="OLC">
<section id="H27E9DB9D11CE4542ACA518833E3F516F"><enum>252A.</enum><header>Direct
Spending Limits</header>
<subsection id="H2398E55AE76349A3A5233264072A33DA"><enum>(a)</enum><header>Direct Spending
Limits</header><text>For fiscal year 2011 and each ensuing fiscal year through
fiscal year 2019, the total level of direct spending for all direct spending
programs, projects, and activities for any such fiscal year shall not exceed
the total level of spending for all such programs, projects, and activities for
the previous fiscal year after the direct spending for each such program,
project, or activity is increased by the calculation made pursuant to section
257.</text>
</subsection><subsection display-inline="no-display-inline" id="H9D1ECAD288A249C8AF3F6C3003C6F873"><enum>(b)</enum><header>Sequence of
Sequestration Reports</header><text>Within 15 calendar days after Congress
adjourns to end a session and on the same day as a spending reduction ordered
under sections 251, 253, 252B, but after any spending reduction required by
section 251 and section 252A, OMB shall issue a final spending reduction report
to reduce an excess spending amount (if any remains).</text>
</subsection><subsection id="HA9282F3C92DE41D588B70B9075D5D2C2"><enum>(c)</enum><header>Spending
Reduction Order</header><text>A spending reduction ordered pursuant to
subsection (b) shall be implemented using the procedures set forth in section
256.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H700D2D7CAE664C27A57C564F364BE520"><enum>(b)</enum><header>Conforming
Amendment</header><text>The table of contents set forth in 250(c) of the
Balanced Budget and Emergency Deficit Control Act of 1985 is amended by
amending the item relating to section 256 to read as follows:</text>
<quoted-block id="H56F30346B3054412994EA41BAF3431FD" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 252A. Enforcing direct spending
limits.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="HEF10EB9911A14072982B79642F9FB77B"><enum>203.</enum><header>Total spending
limits</header>
<subsection id="HA395DC1B65D146F5878AAB62B0211318"><enum>(a)</enum><header>Total Spending
Limits</header><text display-inline="yes-display-inline">After section 252A of
the Balanced Budget and Emergency Deficit Control Act of 1985, add the
following new section:</text>
<quoted-block id="HEFBF2F2AB7984248A3E157C0438AF70F">
<section id="H6386CB745C7845FC85411DF107344F10"><enum>252B.</enum><header>Total spending
limits</header>
<subsection id="HF6DDB8BA52524B93B2307AF9B025BDB8"><enum>(a)</enum><header>Projections</header>
<paragraph id="HA721FD9B628946C3A3F748DE2EEDFA23"><enum>(1)</enum><header>Spending
projections</header><text display-inline="yes-display-inline">For the current
fiscal year and each subsequent ten fiscal years:</text>
<subparagraph id="H3CF446CC7B8C47A6B302F94548FE17D2"><enum>(A)</enum><text>OMB shall prepare
a report comparing projected total spending under section 257 and the total
spending limits in subsection (d), and include such report in the budget as
submitted by the President annually under section 1105(a) of title 31, United
States Code.</text>
</subparagraph><subparagraph id="H60725ECD9E7A454B93BD44F10B5C256D"><enum>(B)</enum><text>CBO shall prepare
a report comparing projected total spending under section 257 and the total
spending limits in subsection (d) and include such report in the CBO annual
baseline and reestimate of the President’s budget.</text>
</subparagraph></paragraph><paragraph id="H0CEB51DC30BA4D60BA39CB918D00D0A3"><enum>(2)</enum><header>Inclusion in
spending reduction orders</header><text>Reports prepared pursuant to subsection
(a) shall be included in the spending reduction report set forth in subsection
(b).</text>
</paragraph></subsection><subsection id="HC244F4246E374ED5A145DC125C651D14"><enum>(b)</enum><header>Spending
Reduction Report</header><text>Within 15 calendar days after Congress adjourns
to end a session and on the same day as a spending reduction ordered under
sections 251, 252A, and 253, but after any spending reduction required by
sections 251 and 252A, but before section 253, OMB shall issue a spending
reduction report to reduce an excess spending amount (if any remains).</text>
</subsection><subsection id="HAAF9BC80011143259E20CB2CECC17A7A"><enum>(c)</enum><header>Spending
Reduction Order</header><text>A spending reduction ordered pursuant to
subsection (b) shall be implemented using the procedures set forth in section
256.</text>
</subsection><subsection id="H7E49703FAD0D49ECB184CBBE2E028F23"><enum>(d)</enum><header>Total Spending
Limits</header>
<paragraph id="HC575BE9F97B146CFAA4073A0E07D6656"><enum>(1)</enum><text>fiscal year 2010:
25 percent;</text>
</paragraph><paragraph id="HEB8D3C9923A648F988740573B1EEB7C6"><enum>(2)</enum><text>fiscal year 2011:
24 percent;</text>
</paragraph><paragraph id="H7645FD8F99974524BB9C2E321317F169"><enum>(3)</enum><text>fiscal year 2012:
22 percent;</text>
</paragraph><paragraph id="H3F5BA89A3526400397527E7D6B735E28"><enum>(4)</enum><text display-inline="yes-display-inline">fiscal year 2013: 22 percent;</text>
</paragraph><paragraph id="HFAEE9FC5F31C4527A79456ED76E3C520"><enum>(5)</enum><text display-inline="yes-display-inline">fiscal year 2014: 22 percent;</text>
</paragraph><paragraph id="H2BBF3A1C9DAD4918B2F2134A2AC9C820"><enum>(6)</enum><text display-inline="yes-display-inline">fiscal year 2015: 22 percent;</text>
</paragraph><paragraph id="H4BB7933AE21943FCB4AB982080DB88F0"><enum>(7)</enum><text display-inline="yes-display-inline">fiscal year 2016: 22 percent;</text>
</paragraph><paragraph id="HFAB49CAF1DD44AAF99DE6ACD5172B9C5"><enum>(8)</enum><text>fiscal year 2017:
21 percent;</text>
</paragraph><paragraph id="H78E8B41381FC4E24BED1252948DEE9C3"><enum>(9)</enum><text>fiscal year 2018:
21 percent; and</text>
</paragraph><paragraph id="H97CD636DEB5E4BD2BA0140A30899ADF0"><enum>(10)</enum><text>fiscal year 2019
and each year thereafter: 20 percent;</text>
</paragraph><continuation-text continuation-text-level="subsection">of the
projected GDP for the budget year.</continuation-text></subsection><subsection id="H0C9D18AF06934BDFB98EA1AEA2305723"><enum>(e)</enum><header>Temporary
Adjustment Authority</header><text display-inline="yes-display-inline">OMB
shall make adjustments to the total spending limits set forth in subsection
(d)(6) and the years thereafter equal to the percentage level of—</text>
<paragraph id="H3F5B67327DF14F05838ED21155CC3B03"><enum>(1)</enum><text>the average per
capita benefit for OASDI and Medicare eligible retirees born during the period
of fiscal years 1946 through 1964 receiving benefits under the OASDI and
Medicare programs in fiscal year 2014;</text>
</paragraph><paragraph id="H4EA990262DF840BEB075F16B6ED7D7C2"><enum>(2)</enum><text>multiplied by the
increase in the number of such beneficiaries in the applicable fiscal year from
the number of such beneficiaries in fiscal year 2014;</text>
</paragraph><paragraph id="HEC2434B4F6E84026905747B321688C68"><enum>(3)</enum><text>adjusted
for—</text>
<subparagraph id="H48BE354619834255B68A93D00DD46AD2"><enum>(A)</enum><text>the blend of the
Consumer Price Index and the Medical Economic Index for Medicare programs;
and</text>
</subparagraph><subparagraph id="H55DC9D94F2334918B0FA2DD43527A8E6"><enum>(B)</enum><text display-inline="yes-display-inline">the Consumer Price Index for OASDI
programs; and</text>
</subparagraph></paragraph><paragraph id="HB866C9DC24204A318D73AB88D53E415A"><enum>(4)</enum><text>as a percentage of
the gross domestic product of the applicable fiscal year.</text>
</paragraph><continuation-text continuation-text-level="subsection">OMB may
modify the adjustments required by this subsection in order that the spending
limits accommodate the OASDI and Medicare benefits of individuals who were born
during the period of fiscal years 1946 through 1964.</continuation-text></subsection><subsection id="HB1259F166DC4417DAA9F0786264075E2"><enum>(f)</enum><header>Additional
Temporary Adjustment Authority</header><text display-inline="yes-display-inline">OMB shall make further adjustments to the
total spending limits for any fiscal year set forth in subsection (d) to ensure
that any individual who is at least 55 years of age on January 1 of the
calendar year in which this subsection is enacted shall receive full benefits
under the OASDI and Medicare
programs.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HDF8CA44E3C7E4DB2950F2B4C59FC6294"><enum>(b)</enum><header>Definitions</header><text display-inline="yes-display-inline">Section 3 of such Act (2 U.S.C. 622) is
further amended by adding at the end the following new paragraph:</text>
<quoted-block id="H0043C0969D264AF4A19C665AD4B59471" style="OLC">
<paragraph id="H36802649BE3D4DB3B33FE3F8B2338FB0"><enum>(14)</enum><text>The term
<term>total spending</term> means all outlays of the Federal Government
including those from off-budget entities and budget authority and outlays
flowing therefrom, as applicable, designated as
emergencies.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H89880FCD449545C0A86625C753FA798F"><enum>(c)</enum><header>Conforming
Amendment</header><text>The table of contents set forth in 250(c) of the
Balanced Budget and Emergency Deficit Control Act of 1985 is amended by
inserting after the item relating to section 252A the following new
item:</text>
<quoted-block id="HB489DB62C8BF48E9B664481707858E0D" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 252B. Total spending
limits.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H2452C679A91F42B483B16F6D4E8595BD"><enum>204.</enum><header>Deficit
limits</header>
<subsection id="H293BE1B5F9EE4458AC75FA00790F3ED0"><enum>(a)</enum><text display-inline="yes-display-inline">Amend section 253 of the Balanced Budget
and Emergency Deficit Control Act of 1985 to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H54830B0DAD9E468F8E950BB7CF000499" style="OLC">
<section id="H9471B2FB545F45B78CC89C6B22CF1FAB"><enum>253.</enum><header>Deficit
limits</header>
<subsection id="H4A99A3CE97B449E2B9C3672143C1AA67"><enum>(a)</enum><header>Deficit
Projections</header>
<paragraph id="H2E5BE4B5002345BD8B2EF01759B8BD4B"><enum>(1)</enum><header>Deficit
amounts</header><text display-inline="yes-display-inline">For the current
fiscal year and each subsequent ten fiscal years:</text>
<subparagraph id="H95546E2AF4324422A0C00169FA330606"><enum>(A)</enum><text>OMB shall prepare
a report comparing projected total deficits and the Deficit Limits in
subsection (d), and include such report in the budget as submitted by the
President annually under section 1105(a) of title 31, United States
Code.</text>
</subparagraph><subparagraph id="H6D71F7AB16C6489697FE24A93B17823F"><enum>(B)</enum><text>CBO shall prepare
a report comparing projected deficits amounts and the Deficit Limits in
subsection (d) and include such report in the CBO annual baseline and
reestimate of the President’s budget.</text>
</subparagraph></paragraph><paragraph id="H189EE3EF6D6F41F98A843F0D8F53B1D1"><enum>(2)</enum><header>Inclusion in
spending reduction orders</header><text>Reports prepared pursuant to subsection
(a) shall be included in the spending reduction report set forth in subsection
(c).</text>
</paragraph></subsection><subsection display-inline="no-display-inline" id="H66DDB51513C94AC186C1D63E39020FAD"><enum>(b)</enum><header>Deficit
reduction report</header><text>Within 15 calendar days after Congress adjourns
to end a session and on the same day as a spending reduction ordered under
sections 251, 252A, and 252B, but after any spending reduction required by
section 251, OMB shall issue a spending reduction report to reduce an excess
spending amount (if any remains).</text>
</subsection><subsection id="HD6A86354E62742D88574D397EC1B1B18"><enum>(c)</enum><header>Deficit
reduction order</header><text>A spending reduction ordered pursuant to
subsection (b) shall be implemented using the procedures set forth in section
256.</text>
</subsection><subsection id="H41F60EE291334540870074013B942308"><enum>(d)</enum><header>Deficit
Limits</header><text display-inline="yes-display-inline">In this section, the
term <term>Deficit Limit</term> means an amount that equals with respect
to—</text>
<paragraph id="H148D9E981CCA4453A03904B7819C03D6"><enum>(1)</enum><text>fiscal year 2011:
6.9 percent;</text>
</paragraph><paragraph id="H62E45016B2FF4E2BB9C8A5C810767749"><enum>(2)</enum><text display-inline="yes-display-inline">fiscal year 2012: 4.8 percent;</text>
</paragraph><paragraph id="HF78A6DCA79B84774800D01ABCEB763D8"><enum>(3)</enum><text display-inline="yes-display-inline">fiscal year 2013: 4.3 percent;</text>
</paragraph><paragraph id="HBA01A89E330B476F88D63F86E66CF7D0"><enum>(4)</enum><text display-inline="yes-display-inline">fiscal year 2014: 4.2 percent;</text>
</paragraph><paragraph id="H76D4928F66AA42A09A098242B7ED6581"><enum>(5)</enum><text display-inline="yes-display-inline">fiscal year 2015: 3.9 percent;</text>
</paragraph><paragraph id="H946D408AFA5A420696411807AE1134E9"><enum>(6)</enum><text display-inline="yes-display-inline">fiscal year 2016: 3.6 percent;</text>
</paragraph><paragraph id="HFC5025C3419B478D87F2A19062E3BE3F"><enum>(7)</enum><text display-inline="yes-display-inline">fiscal year 2017: 3.1 percent;</text>
</paragraph><paragraph id="HD2616E5D6E524771893433D455821E7E"><enum>(8)</enum><text display-inline="yes-display-inline">fiscal year 2018: 2.6 percent; and</text>
</paragraph><paragraph id="H3F14BCBD3E4B45EBB34E274350927ED6"><enum>(9)</enum><text display-inline="yes-display-inline">fiscal year 2019: 2.0 percent.</text>
</paragraph><continuation-text continuation-text-level="subsection">of the
projected GDP for the budget year.</continuation-text></subsection><subsection id="HC7D406688008465C99DDE550E32CED1E"><enum>(e)</enum><header>Temporary
Adjustment Authority</header><text>OMB shall make adjustments to the Deficit
Limits set forth in subsection (d)(5) and the years thereafter consistent with
any adjustments made pursuant to subsections (e) and (f) of section
252B.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H72AA5546674A4355861E9646DD024D77"><enum>(b)</enum><header>Conforming
Amendment</header><text>The item relating to section 253 in the table of
contents set forth in section 250(c) of the Balanced Budget and Emergency
Deficit Control Act of 1985 is amended to read as follows:</text>
<quoted-block id="HE017CB5A75F8414ABEA05F1B73A18501" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 253. Deficit
limits.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section></subtitle><subtitle id="H36A7309DBDC2403A89DAF0CEDD7EDBCC"><enum>B</enum><header>Reports and Orders
</header>
<section id="H4EFA8D3E37CE429DAB2B97512D29CD9F"><enum>211.</enum><header>Reports and
orders</header><text display-inline="no-display-inline">Section 254 of the
Balanced Budget and Emergency Deficit Control Act of 1985 is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="H5F5AEA207944467DAC2A3FF942F6E073" style="OLC">
<section id="HD6BC70E97535470B837CC47A3023ED09"><enum>254.</enum><header>Reports and
Orders</header>
<subsection id="HF940369DD0694CA491038C22266010A4"><enum>(a)</enum><header>Timetable</header>
<table align-to-level="section" blank-lines-before="1" colsep="0" frame="none" line-rules="no-gen" rowsep="0" rule-weights="0.0.0.0.0.0" subformat="S6211" table-template-name="Generic: 2 text, 1st shorter" table-type="">
<tgroup cols="2" grid-typeface="1.1" no-carding="1" rowsep="0" thead-tbody-ldg-size="10.10.12" ttitle-size="10"><colspec coldef="txt" colname="column1" colwidth="158pts" min-data-value="125"></colspec><colspec coldef="txt-no-ldr" colname="column2" colwidth="258pts" min-data-value="175"></colspec>
<tbody>
<row><entry colname="column1" leader-modify="clr-ldr" rowsep="0" rowsep-modify="bold" stub-definition="txt-ldr"><bold>Date:</bold></entry><entry colname="column2" leader-modify="clr-ldr" rowsep="0" rowsep-modify="bold"><bold>Action to be completed:</bold></entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">5 days
before the President’s budget submission</entry><entry align="left" colname="column2" leader-modify="clr-ldr">CBO sequestration preview
report.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">President’s budget submission</entry><entry align="left" colname="column2" leader-modify="clr-ldr">OMB sequestration preview
report.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">August
10</entry><entry align="left" colname="column2" leader-modify="clr-ldr">CBO
sequestration update report.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">August
20</entry><entry align="left" colname="column2" leader-modify="clr-ldr">OMB
sequestration update report.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">10 days
after end of session</entry><entry align="left" colname="column2" leader-modify="clr-ldr">CBO sequestration final
report.</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" stub-definition="txt-ldr" stub-hierarchy="1">15 days
after end of session</entry><entry align="left" colname="column2" leader-modify="clr-ldr">OMB sequestration final report;
Presidential order</entry>
</row>
</tbody>
</tgroup>
</table>
</subsection><subsection id="HCB16957DF1BC427B8D7BCC09069CEFA6"><enum>(b)</enum><header>Submission and
Availability of Reports</header><text>Each report required by this section
shall be submitted to the Budget Committees of the House of Representatives and
the Senate. On the following day a notice of the report shall be printed in the
Federal Register.</text>
</subsection><subsection id="H036EA77BAC6C4F7BBF6991E6B3BC21ED"><enum>(c)</enum><header>Sequestration
Preview Reports</header>
<paragraph id="H385DBD509D1247DCB49A7E264F0F9F6C"><enum>(1)</enum><header>Reporting
requirement</header><text>On the dates specified in subsection (a), OMB and CBO
shall issue a preview report regarding discretionary, pay-as-you-go, and
deficit sequestration based on laws enacted through those dates.</text>
</paragraph><paragraph id="H3CD8A772BB214CB39C8F4420A0FF8AD9"><enum>(2)</enum><header>Discretionary
spending limit sequestration report</header><text>The preview reports shall set
forth estimates for the current year and each subsequent year through 2019 of
the applicable discretionary spending limits and an explanation of any
adjustments in such limits under section 251.</text>
</paragraph><paragraph id="H78BD93C3B6B848C99FC8AFDD8E1883F5"><enum>(3)</enum><header>Direct spending
limit sequestration report</header><text>The preview reports shall set forth,
for the current year and the budget year, estimates for each of the
following:</text>
<subparagraph id="H6694A93A21DC4F319E473A72FE460929"><enum>(A)</enum><text>The amount of
total direct spending, if any, calculated under subsection 252A(b).</text>
</subparagraph><subparagraph id="H5353292A844F49C0A240183C1CE2EDEB"><enum>(B)</enum><text>A list identifying
each law enacted and sequestration implemented after the date of enactment of
this section included in the calculation of the amount of deficit increase or
decrease and specifying the budgetary effect of each such law.</text>
</subparagraph><subparagraph id="H5D909D47BB3A4E9EB0A859A7C16C1CFD"><enum>(C)</enum><text>The sequestration
percentage or percentages necessary to eliminate a deficit increase under
section 252A(C).</text>
</subparagraph></paragraph><paragraph display-inline="no-display-inline" id="H90DCC7755E4E411B805FF52C3CC756C9"><enum>(4)</enum><header>Total spending
limit sequestration report</header><text>The preview reports shall set forth
for the budget year estimates for each of the following:</text>
<subparagraph id="H1A1670ED53A34F3AAD1998719FDEA4E5"><enum>(A)</enum><text>The total spending
limit and the estimated total spending amount calculated under section 252A,
and the excess deficit.</text>
</subparagraph><subparagraph id="HDA9FDB0CD51E476497DB2BA2E30C3994"><enum>(B)</enum><text>The amount of
reductions required under sections 251 and 252A, the excess total spending
amount remaining after those reductions have been made.</text>
</subparagraph><subparagraph id="H8C1F54894B5A4C97A15C29CF2EFB6FB3"><enum>(C)</enum><text>The sequestration
percentage necessary to achieve the required reduction in any fiscal year for
which a Deficit Limit is set forth pursuant to this Act.</text>
</subparagraph></paragraph><paragraph id="H1BC9A55BA1EB4D95A53FE695AAE43878"><enum>(5)</enum><header>Deficit limit
sequestration report</header><text>The preview reports shall set forth for the
budget year estimates for each of the following:</text>
<subparagraph id="HB21AB270FF7D4DE5B3A7248E90E0854E"><enum>(A)</enum><text>The maximum
deficit amount, the estimated deficit calculated under section 253(b), the
excess deficit;</text>
</subparagraph><subparagraph id="H0CF9CFAD9FF547DFAAFC2E75C784FEFC"><enum>(B)</enum><text>The amount of
reductions required under sections 251, 252A and 252B, the excess deficit
remaining after those reductions have been made; and</text>
</subparagraph><subparagraph id="H84479A4BCACD4F1281DA3E336D5B42FD"><enum>(C)</enum><text>The sequestration
percentage necessary to achieve the required reduction in any fiscal year for
which a Deficit Limit is set forth pursuant to this Act.</text>
</subparagraph></paragraph><paragraph id="H85D7597425514858993988AA83B175EC"><enum>(6)</enum><header>Explanation of
differences</header><text>The OMB reports shall explain the differences between
OMB and CBO estimates for each item set forth in this subsection.</text>
</paragraph></subsection><subsection id="H79B76707F7D24DC8883D642803C1BCA0"><enum>(d)</enum><header>Sequestration
Update Reports</header><text>On the dates specified in subsection (a), OMB and
CBO shall issue a sequestration update report, reflecting laws enacted through
those dates, containing all of the information required in the sequestration
preview reports.</text>
</subsection><subsection id="HC564CD51F29F48E495224EF5717817F8"><enum>(e)</enum><header>Final
Sequestration Reports</header>
<paragraph id="HAEC9EF9229EE4EE3AC32EF2012B632D7"><enum>(1)</enum><header>Reporting
requirement</header><text>On the dates specified in subsection (a), OMB and CBO
shall issue a final sequestration report, updated to reflect laws enacted
through those dates.</text>
</paragraph><paragraph id="H3A000AB3D3574AD59A22060D398A3312"><enum>(2)</enum><header>Discretionary
spending sequestration reports</header><text>The final reports shall set forth
estimates for each of the following:</text>
<subparagraph id="H3F34E866F3C54AAB944E59F13D1884B5"><enum>(A)</enum><text>For the current
year and each subsequent year the applicable discretionary spending limits for
each category and an explanation of any adjustments in such limits under
section 251.</text>
</subparagraph><subparagraph id="H166FBB68EA544F5083D907C6C34EFE95"><enum>(B)</enum><text>For the current
year and the budget year the estimated new budget authority and outlays for
each category and the breach, if any, in each category.</text>
</subparagraph><subparagraph id="HF1BD81B5E7114D23A23DFF82B6EA1EFD"><enum>(C)</enum><text>For each category
for which a sequestration is required, the sequestration percentages necessary
to achieve the required reduction.</text>
</subparagraph><subparagraph id="H9FE6642C6BD444AF93987E17379426F1"><enum>(D)</enum><text>For the budget
year, for each account to be sequestered, estimates of the baseline level of
budgetary resources subject to sequestration and resulting outlays and the
amount of budgetary resources to be sequestered and resulting outlay
reductions.</text>
</subparagraph></paragraph><paragraph id="H4FD2EF9F20E24D88859A6ABFF07E3201"><enum>(3)</enum><header>Direct spending,
total spending, and deficit limit sequestration reports</header><text display-inline="yes-display-inline">The final reports shall contain all the
information required in the direct spending, total spending, and Deficit Limit
sequestration preview reports. In addition, these reports shall contain, for
the budget year, for each account to be sequestered, estimates of the baseline
level of sequestrable budgetary resources and resulting outlays and the amount
of budgetary resources to be sequestered and resulting outlay reductions. The
reports shall also contain estimates of the effects on outlays of the
sequestration in each outyear for direct spending programs.</text>
</paragraph><paragraph id="H11EE628BB0694E97B5E7F8CACDC51ACA"><enum>(4)</enum><header>Explanation of
differences</header><text>The OMB report shall explain any differences between
OMB and CBO estimates of the amount of any net direct spending change
calculated under section 252A, any excess deficit, any breach, and any required
sequestration percentage. The OMB report shall also explain differences in the
amount of sequesterable resources for any budget account to be reduced if such
difference is greater than $5,000,000.</text>
</paragraph><paragraph id="HC9EE0E0978F64A4A846A70E3513C0ED8"><enum>(5)</enum><header>Presidential
order</header><text>On the date specified in subsection (a), if in its final
sequestration report OMB estimates that any sequestration is required, the
President shall issue an order fully implementing without change all
sequestrations required by the OMB calculations set forth in that report. This
order shall be effective on issuance.</text>
</paragraph></subsection><subsection id="HE392740D64684FE1AD663680D13EB3F9"><enum>(f)</enum><header>Within-Session
Sequestration Reports</header><text>If an appropriation for a fiscal year in
progress is enacted (after Congress adjourns to end the session for that budget
year and before July 1 of that fiscal year) that causes a breach, 10 days later
CBO shall issue a report containing the information required in subsection
(e)(2). Fifteen days after enactment, OMB shall issue a report containing the
information required in subsections (e)(2) and (e)(4). On the same day as the
OMB report, the President shall issue an order fully implementing without
change all sequestrations required by the OMB calculations set forth in that
report. This order shall be effective on issuance.</text>
</subsection><subsection commented="no" id="HEBCBB8D9C2844323ACABC71A01FA0F37"><enum>(g)</enum><header>GAO Compliance
Report</header><text>Upon request of the Committee on the Budget of the House
of Representatives or the Senate, the Comptroller General shall submit to the
Congress and the President a report on—</text>
<paragraph commented="no" id="H58E8397D39504FD990D65CE885830402"><enum>(1)</enum><text>the extent to
which each order issued by the President under this section complies with all
of the requirements contained in this part, either certifying that the order
fully and accurately complies with such requirements or indicating the respects
in which it does not; and</text>
</paragraph><paragraph commented="no" id="H47967981574A452CA1D84CEC4C7944D4"><enum>(2)</enum><text>the extent to
which each report issued by OMB or CBO under this section complies with all of
the requirements contained in this part, either certifying that the report
fully and accurately complies with such requirements or indicating the respects
in which it does not.</text>
</paragraph></subsection><subsection id="H83EBF1C000ED43F9B4C7059BB11F0517"><enum>(h)</enum><header>Low-Growth
Report</header><text>At any time, CBO shall notify the Congress if—</text>
<paragraph id="H326BBC3810FA4C9FB22106CC55D7B25B"><enum>(1)</enum><text>during the period
consisting of the quarter during which such notification is given, the quarter
preceding such notification, and the 4 quarters following such notification,
CBO or OMB has determined that real economic growth is projected or estimated
to be less than zero with respect to each of any 2 consecutive quarters within
such period; or</text>
</paragraph><paragraph id="HD0D3CE72EBF4423F8C4D8536B9D659DB"><enum>(2)</enum><text>the most recent of
the Department of Commerce’s advance preliminary or final reports of actual
real economic growth indicate that the rate of real economic growth for each of
the most recently reported quarter and the immediately preceding quarter is
less than one percent.</text>
</paragraph></subsection><subsection id="H15661989ED7D483AB7608ECF027B01E5"><enum>(i)</enum><header>Economic and
Technical Assumptions</header><text>In all reports required by this section,
OMB shall use the same economic and technical assumptions as used in the most
recent budget submitted by the President under section 1105(a) of title 31,
United States
Code</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="HD2F70E39AFD441B2BDAF640D33368084"><enum>212.</enum><header>Spending and
deficit limits enforcement</header>
<subsection id="H42C692AEF2BA4C39AD15427E437AD3AD"><enum>(a)</enum><header>Conforming
Amendments to Section 312</header><text display-inline="yes-display-inline">Section 312 of the Congressional Budget Act
of 1974 is amended—</text>
<paragraph id="H20E91AD5466646F9B07A3C3EF5A1AA26"><enum>(1)</enum><text>by striking
subsection (a) and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="H2E433FC749A04A428D26450D68DAADEB" style="OLC">
<subsection id="H22EC06235F1D4D598F03F4A43476EE92"><enum>(a)</enum><header>Budget Committee
Determinations</header><text display-inline="yes-display-inline">For purposes
of this title, the levels of new budget authority, outlays, direct spending,
deficits, revenues, and debt, or the increases or decreases of such levels for
purpose of section 303, shall be determined on the basis of estimates made by
the Committee on the Budget of the House of Representatives or the Senate, as
applicable.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H2A3CDF568ACD40EAB3687FCB2186620B"><enum>(2)</enum><text>by striking
subsections (b) and (c) and redesignating subsections (d), (e), and (f) as (h),
(i), and (j).</text>
</paragraph></subsection><subsection display-inline="no-display-inline" id="H9ADD91A36C824276BD93AFB7BFE4EB55"><enum>(b)</enum><header>Enforcement
Amendments to Section 312</header><text>Section 312 of the Congressional Budget
Act of 1974 is further amended by adding at the end the following new
subsections after subsection (a):</text>
<quoted-block id="H7E7A058E9B55444995C8CE751C8EA71D" style="OLC">
<subsection id="HA4028098D4E8465AA8BDC08091D6B943"><enum>(b)</enum><header>Discretionary
Spending Limit Point of Order</header><text>It shall not be in order in the
House of Representatives or the Senate to consider any bill, joint resolution,
amendment, concurrent resolution, or conference report that—</text>
<paragraph display-inline="no-display-inline" id="HC2A20EE520AA43329A6E579490482E66"><enum>(1)</enum><text>causes the
discretionary spending limits for the budget year to be breached;</text>
</paragraph><paragraph id="HBD52FF098F6743E8837F91FBEFFD50D8"><enum>(2)</enum><text>increases the
discretionary spending limits for the budget year or any ensuing fiscal year;
or</text>
</paragraph><paragraph display-inline="no-display-inline" id="H6232F7BB092F42F7845F3BD59EEA6762"><enum>(3)</enum><text>includes any
provision that has the effect of modifying the application of section 251 of
the Balanced Budget and Emergency Deficit Control Act of 1985.</text>
</paragraph></subsection><subsection id="HEBC59C67DFA34EA8B96CD294EF013D95"><enum>(c)</enum><header>Direct Spending
Limit Point of Order</header><text>It shall not be in order in the House of
Representatives or the Senate to consider any bill, joint resolution,
amendment, concurrent resolution, or conference report that—</text>
<paragraph display-inline="no-display-inline" id="H65BD8A1A47A64384B5101B5135F089A8"><enum>(1)</enum><text>causes the direct
spending limits for the budget year to be breached; or</text>
</paragraph><paragraph id="HEB55BC231D7B448587305CCDF309BF2C"><enum>(2)</enum><text>increases
aggregate level of direct spending for any ensuing fiscal year.</text>
</paragraph></subsection><subsection id="H273C04990F604AF5A15C63E469D4038C"><enum>(d)</enum><header>Total Spending
Limit Point of Order</header><text>It shall not be in order in the House of
Representatives or the Senate to consider any bill, joint resolution,
concurrent resolution, amendment, or conference report that—</text>
<paragraph id="H2D9EC219051C4041BFC02E5852B2D753"><enum>(1)</enum><text display-inline="yes-display-inline">causes the total spending limits for the
budget year, as a percentage of gross domestic product, to be breached;
or</text>
</paragraph><paragraph id="H9C67B163A6A04623A220BF4AA5FE1BAB"><enum>(2)</enum><text>increases outlays
above the total spending limits, as a percentage of gross domestic product, for
the budget year or any ensuing fiscal year after the budget year.</text>
</paragraph></subsection><subsection id="H39727048E4C64A7FA88C7338801CE02F"><enum>(e)</enum><header>Deficit Limit
Point of Order</header><text>It shall not be in order in the House of
Representatives or the Senate to consider any bill, joint resolution,
amendment, concurrent resolution, or conference report that—</text>
<paragraph display-inline="no-display-inline" id="HB1CBB110CEE645539169FD601B0870F7"><enum>(1)</enum><text display-inline="yes-display-inline">causes the Deficit Limits for the budget
year, as a percentage of gross domestic product, to be breached; or</text>
</paragraph><paragraph id="HB6B3836F3E8143D1A03A86710158F9FA"><enum>(2)</enum><text>increases the
amount of deficit, as a percentage of gross domestic product, for the budget
year or any ensuing fiscal year.</text>
</paragraph></subsection><subsection id="HDE54FC7734BD47338F2EA21859D91102"><enum>(f)</enum><header>Sequestration
Application</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, concurrent resolution, or conference report
that—</text>
<paragraph id="H3F23E8B4A9874EF98F1B0665C673990C"><enum>(1)</enum><text>includes any
provision that has the effect of modifying the application of section 256 of
the Balanced Budget and Emergency Deficit Control Act of 1985 to any program
subject to sequestration or exempt from sequestration; and</text>
</paragraph><paragraph id="H74B39E21B17440B9974AE146C872C2DB"><enum>(2)</enum><text>includes any
provision that has the effect of modifying the application of section 251,
252A, 252B or 253 to any program subject to sequestration or exempt from
sequestration.</text>
</paragraph></subsection><subsection id="HFB817E1E71F54039888E631D8A5D6C5A"><enum>(g)</enum><header>Waiver or
Suspension</header><text>The provisions of this section may be waived or
suspended:</text>
<paragraph id="H75A6E2C814AE44919E0F83CC0B49B8B7"><enum>(1)</enum><header>In the
Senate</header><text>In the Senate only by the affirmative vote of three-fifths
of the Members, duly chosen and sworn.</text>
</paragraph><paragraph id="HC25429711D624F4DB7617186E816F8F2"><enum>(2)</enum><header>In the House of
Representatives</header><text display-inline="yes-display-inline">In the House
of Representatives:</text>
<subparagraph id="H2CBDACD170B746FFBE9A48EC3B8E2B8F"><enum>(A)</enum><text>Only by a rule or
order proposing only to waive such provisions by an affirmative vote of
two-thirds of the Members, duly chosen and sworn.</text>
</subparagraph><subparagraph id="HAB3D19D7EF51446E9AA7B565C38BCCDE"><enum>(B)</enum><text>It shall not be in
order to consider a rule or order that waives the application of subparagraph
(A).</text>
</subparagraph><subparagraph id="H29D822D64D6E44F3B0F7D003D218EB0B"><enum>(C)</enum><text>It shall not be in
order for the Speaker to entertain a motion to suspend the application of this
section under clause 1 of rule XV of the Rules of the House of
Representatives.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="HBDD2E8CDC3924F888E8C6E2305FB5C97"><enum>213.</enum><header>Spending
reduction orders</header>
<subsection id="H546B899F977E493B839E8B2CB66A9191"><enum>(a)</enum><header>In
General</header><text>Section 256 of the Balanced Budget and Emergency Deficit
Control Act of 1985 is amended to read as follows:</text>
<quoted-block id="H1C20B53570C44AAF828E02F556D1664D" style="OLC">
<section id="H33D793DA9B854C549E6665F827709341"><enum>256.</enum><header>Spending
Reduction Order</header>
<subsection id="HCAF6C123D9AE4CF5B0BE6587FDE6D019"><enum>(a)</enum><header>Application</header><text display-inline="yes-display-inline">A spending reduction order issued pursuant
to this part shall apply to eliminate breaches of the limits set forth in
sections 251 (discretionary spending limits), 252A (direct spending limits),
253 (Deficit Limits) and 252B (total spending limits).</text>
</subsection><subsection id="H4C91A1380CAF4EBDA683DD4A16BDD6F7"><enum>(b)</enum><header>Waiver or
Suspension</header><paragraph commented="no" display-inline="yes-display-inline" id="HB0E42F6D3F1A48D089671514BBE94D2B"><enum>(1)</enum><text>In the Senate, the
provisions of this section may be waived or suspended in the Senate only by the
affirmative vote of two-thirds of the Members, duly chosen and sworn.</text>
</paragraph><paragraph id="HC1F545021E87489B8E57EC6C18007FB9" indent="up1"><enum>(2)</enum><text>In the House—</text>
<subparagraph id="HAD33565A91A34211ADD2D354184DB12B"><enum>(A)</enum><text>The provisions of this section may be
waived or suspended in the House of Representatives only by a rule or order
proposing only to waive such provisions by an affirmative vote of two-thirds of
the Members, duly chosen and sworn.</text>
</subparagraph><subparagraph id="H28AF9384B7684F64B500D228C1CEFF10"><enum>(B)</enum><text>It shall not be in order to consider a
rule or order that waives the application of paragraph (1).</text>
</subparagraph><subparagraph id="H602C294236334894A1325B204884C59F"><enum>(C)</enum><text>It shall not be in order for the
Speaker to entertain a motion to suspend the application of this section under
clause 1 of rule XV of the Rules of the House of Representatives.</text>
</subparagraph></paragraph></subsection><subsection id="H48C5A3DE5C654976BA5BB4FF4D815686"><enum>(c)</enum><header>General
Rules</header>
<paragraph id="H555FF4B7EB724D13B611D107FFE5B241"><enum>(1)</enum><header>Calculation of
spending reduction percentage</header><text>OMB shall include in its final
spending sequestration report a requirement that each nonexempt spending
account shall be reduced by an amount of budget authority calculated by
multiplying the baseline level of budgetary resources in that account at that
time by the uniform percentage necessary to reduce outlays sufficient to
eliminate an excess spending amount.</text>
</paragraph><paragraph id="HC46A9704DC1048E19FA3BB3069DCAB2B"><enum>(2)</enum><header>Exemptions</header><text>The
following shall be exempt from reduction under any order issued under this
part:</text>
<subparagraph id="H59885D94229543D0858E390BA23F976C"><enum>(A)</enum><text>Payments for net
interest.</text>
</subparagraph><subparagraph id="H95A3F7CEBB3548A1943321AA4E95E505"><enum>(B)</enum><text>Benefits payable
under the old-age, survivors, and disability insurance program established
under title II of the Social Security Act if—</text>
<clause id="H36F8827FE51942F9A00DD54B6C6CA8C2"><enum>(i)</enum><text>OASDI Trust Funds
are actuarially solvent in the 75-year period utilized in the most recent
annual report of the Board of Trustees provided pursuant to section 201(C)(2)
of the Social Security Act; and</text>
</clause><clause id="H071993BD6C2545ABB059EF0FCA2E4A5C"><enum>(ii)</enum><text>OASDI Trust Funds
have not run a cash deficit in the fiscal year prior to the transmittal of the
most recent Sequestration Preview Report.</text>
</clause></subparagraph><subparagraph id="H71C1A49CB51B452591BB72D014162A65"><enum>(C)</enum><text>Benefits provided
to veterans defined as direct spending payable by the Department of Veterans
affairs.</text>
</subparagraph><subparagraph id="HE31157F150C64E71946C58E8D1797048"><enum>(D)</enum><text>Obligated balances
of budget authority carried over from prior fiscal years.</text>
</subparagraph><subparagraph id="H0A03E1D324D6420D84EC13609D08A464"><enum>(E)</enum><text>Any obligations of
the Federal Government required to be paid under the United States Constitution
or legally contractual obligations.</text>
</subparagraph><subparagraph id="HD10AFCFA2AC14FB4BB5B9F0F2F790CB5"><enum>(F)</enum><text>Provisions of
spending legislation designated by the President, and so designated in statute,
as an emergency, except an amount of budget authority and the outlays flowing
therefrom so designated that is above the emergency reserve fund as calculated
in section 317(b) of the Congressional Budget Act of 1974 shall not be
exempt.</text>
</subparagraph><subparagraph id="H64F407A987194B6CB88A187643A8813F"><enum>(G)</enum><text>Any program whose
growth in the budget year is equal to or less than the consumer price
index.</text>
</subparagraph><subparagraph id="HB22F73D15DB24050B6D1627B9C5167C7"><enum>(H)</enum><text>Intergovernmental
transfers.</text>
</subparagraph></paragraph><paragraph id="H6743C453277047DDA9696083C464EFA5"><enum>(3)</enum><header>One-percent
reduction limitation</header><text>No program shall be subject to a spending
reduction of more than one percent of its budgetary resources.</text>
</paragraph><paragraph id="HA01E23899F434E4A849EAAF5A712BECE"><enum>(4)</enum><header>Calculation of
spending reduction</header><text>The percentage required to produce a spending
reduction, as ordered by a spending reduction order, shall be calculated by OMB
by adding all budgetary resources of the Government, and reducing that amount
by an amount sufficient to reduce the total amount of outlays of the Government
to equal, or lower, a level of outlays than the amount set forth in the
guideline period.</text>
</paragraph><paragraph id="H540A9E462E1F4149BB905331825417E9"><enum>(5)</enum><header>Application</header><text>Once
issued, a spending reduction shall be applied to nonexempt programs as
follows:</text>
<subparagraph id="H09638FF120754EC481CD4A8ABA2B84A7"><enum>(A)</enum><text>Budgetary
resources subject to a spending reduction to any discretionary account shall be
permanently canceled.</text>
</subparagraph><subparagraph id="HCBB90DA9CE34462AA5580D2B43D8E5E8"><enum>(B)</enum><text>The same
percentage spending reduction shall apply to all programs, projects, and
activities within a budget account (with programs, projects, and activities as
delineated in the appropriation Act or accompanying report for the relevant
fiscal year covering that account, or for accounts not included in
appropriation Acts, as delineated in the most recently submitted President's
budget).</text>
</subparagraph><subparagraph id="H63188568E4B14F98B71CD6844B1B2380"><enum>(C)</enum><text>Administrative
regulations implementing a spending reduction shall be made within 120 days of
the issue of a spending reduction order.</text>
</subparagraph></paragraph><paragraph id="H8C581D5F493E492D85E0A96641879287"><enum>(6)</enum><header>OASDI special
procedures</header><text>If the OASDI Trust Funds are subject to sequestration,
then payments from such Trust Funds shall be treated the same as other
programs, except—</text>
<subparagraph id="H4615C0690A48427885738487C7E8E150"><enum>(A)</enum><text>reductions from
such Trust Funds shall not exceed one percent of the 75-year unfunded liability
set forth in the most current Social Security Trustees Report;</text>
</subparagraph><subparagraph id="HAC54B761A881423D891C248F130F26EF"><enum>(B)</enum><text>reduction in
individual benefits shall be implemented by increasing the Normal Retirement
Age (NRA) by an amount certified by the Social Security Office of the Chief
Actuary;</text>
</subparagraph><subparagraph id="H8E4750D09D3046828BF6A772AFECF10F"><enum>(C)</enum><text display-inline="yes-display-inline">the increase in the NRA shall not be
applied to any beneficiary born in a year 55 years or before—</text>
<clause id="HFF3A37C69DD44F798A15A8F290135860"><enum>(i)</enum><text>the year of the
enactment of the Spending, Deficit, and Debt Control Act of 2009; or</text>
</clause><clause id="H5F0CA0576EEF4A8D9BED80E9B93A0EFC"><enum>(ii)</enum><text>the year in which
the final spending sequestration report is issued; and</text>
</clause></subparagraph><subparagraph id="H9B299C0FB7604FF2AA3890F070FB0503"><enum>(D)</enum><text display-inline="yes-display-inline">no change in the NRA shall be made before
it is fully phased-in under the Social Security Act as in effect before the
date of enactment of the Spending, Deficit, and Debt Control Act of
2009.</text>
</subparagraph></paragraph></subsection><subsection id="HE830D3A4C8DA411998156EB84BC6306E"><enum>(d)</enum><header>Discretionary
Spending Sequestration</header>
<paragraph id="HDF414AFA39B94C2BB83FDC3ABC1369D3"><enum>(1)</enum><header>Eliminating a
breach</header><text>Each nonexempt account shall be reduced by an amount of
budget authority calculated by multiplying the baseline level of budgetary
resources subject to sequestration in that account at that time by the uniform
percentage necessary to eliminate a breach by—</text>
<subparagraph id="H04522FC9B6964CB29B09754D0C9C32EA"><enum>(A)</enum><text>first, calculating
the uniform percentage necessary to eliminate a breach in new budget authority,
if any, and</text>
</subparagraph><subparagraph id="H1B53E0D870E44C30B1433B972CB832EE"><enum>(B)</enum><text>second, if any
breach in outlays remains, increasing the uniform percentage to a level
sufficient to eliminate that breach.</text>
</subparagraph></paragraph><paragraph id="H017FBE009F44479E89EA9BF7C656DF54"><enum>(2)</enum><header>Emergency
spending above the reserve fund</header><text display-inline="yes-display-inline">An amount of budget authority and the
outlays flowing therefrom designated in statute as an emergency that is above
level in the emergency reserve fund as calculated in Section 317(b) of the
Congressional Budget Act of 1974 shall count toward the discretionary spending
limits.</text>
</paragraph><paragraph id="H77589102989E4A77A05F8F37B372A305"><enum>(3)</enum><header>Part-year
appropriations</header><text>If, on the date specified in paragraph (1), there
is in effect an Act making or continuing appropriations for part of a fiscal
year for any budget account, then the dollar sequestration calculated for that
account under paragraph (2) shall be subtracted from—(A) the annualized amount
otherwise available by law in that account under that or a subsequent part-year
appropriation; and (B) when a full-year appropriation for that account is
enacted, from the amount otherwise provided by the full year
appropriation.</text>
</paragraph><paragraph id="H747590CC7FF04EE5AD66BF8AFF825ED2"><enum>(4)</enum><header>Look-back</header><text>If,
after June 30, an appropriation for the fiscal year in progress is enacted that
causes a breach for that year, the discretionary spending limits for the next
fiscal year shall be reduced by the amount of the breach.</text>
</paragraph><paragraph id="H0B407C1A3C704B5F8520329CE05CA5BB"><enum>(5)</enum><header>Within-session
sequestration</header><text>If an appropriation for a fiscal year in progress
is enacted (after Congress adjourns to end the session for that budget year and
before July 1 of that fiscal year) that causes a breach for that year (after
taking into account any prior sequestration of amounts), 15 days later there
shall be a sequestration to eliminate that breach following the procedures set
forth in paragraphs (2) through (3).</text>
</paragraph><paragraph id="H1E1B2597B9EF4CCAA8C78B9B93BD79C5"><enum>(6)</enum><header>Estimates</header>
<subparagraph id="H44C299E9E17A4A91AC1729D06BC6E1DA"><enum>(A)</enum><header>CBO
estimates</header><text>As soon as practicable after Congress completes action
on any discretionary appropriation, CBO, after consultation with the Committees
on the Budget of the House of Representatives and the Senate, shall provide OMB
with an estimate of the amount of discretionary new budget authority and
outlays for the current year (if any) and the budget year provided by that
legislation.</text>
</subparagraph><subparagraph id="H0DBD668EEE0445D9AAA603A6043A821A"><enum>(B)</enum><header>OMB
estimates</header><text>Not later than seven calendar days (excluding
Saturdays, Sundays, and legal holidays) after the date of enactment of any
discretionary appropriation, OMB shall transmit a report to the House of
Representatives and to the Senate containing the CBO estimate of that
legislation, an OMB estimate of the amount of discretionary new budget
authority and outlays for the current year (if any) and the budget year
provided by that legislation, and an explanation of any difference between the
two estimates.</text>
</subparagraph><subparagraph id="H59DCAD2807384DE7ABE8F40D00910740"><enum>(C)</enum><header>Explanation of
differences between OMB and OMB estimates</header><text>If OMB determines that
there is a significant difference between OMB and CBO reports prepared pursuant
to subparagraph (A) and (B), OMB shall consult with the Committees on the
Budget of the House of Representatives and the Senate regarding that difference
and that consultation shall include, to extent practicable, written
communication to those committees that affords such committees the opportunity
to comment before the issuance of the report.</text>
</subparagraph><subparagraph id="H36F8E67421734F75A69525F93273F6FB"><enum>(D)</enum><header>Assumptions and
guidelines</header><text>OMB estimates under this paragraph shall be made using
current economic and technical assumptions. OMB shall use the OMB estimates
transmitted to the Congress under this paragraph. OMB and CBO shall prepare
estimates under this paragraph in conformance with scorekeeping guidelines
determined after consultation among the House of Representatives and Senate
Committees on the Budget, CBO, and OMB.</text>
</subparagraph><subparagraph id="H0732DA7347FD4168AD0DC0CA76CB3E49"><enum>(E)</enum><header>Annual
appropriations</header><text>For purposes of this paragraph, amounts provided
by annual appropriations shall include any new budget authority and outlays for
the current year (if any) and the budget year in accounts for which funding is
provided in that legislation that result from previously enacted
legislation.</text>
</subparagraph></paragraph><paragraph id="H527238C02A36408EAE691866F68F0B41"><enum>(7)</enum><header>Discretionary
sequestration limitation</header><text>If appropriations for a fiscal year do
not require a sequester pursuant to the discretionary spending limits set forth
in this Act, discretionary accounts shall not be subject to sequestration under
sections 252A, 252B or
253.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H1F82637BF7744D5FBA725D9E1DCA1735"><enum>(b)</enum><header>Low-Growth
Amendment</header><text display-inline="yes-display-inline">Amend section
258(b) of the Balanced Budget and Emergency Deficit Control Act of 1985 to read
as follows:</text>
<quoted-block display-inline="no-display-inline" id="H50BB70E7B1174AF2AAF5692D09D969B4" style="OLC">
<subsection id="H207EF4470D534D6EA662CBCB25AE9B8E"><enum>(b)</enum><header>Suspension of
Sequestration Procedures</header><text display-inline="yes-display-inline">Upon
the enactment of a declaration of war or a joint resolution described in
subsection (a)—</text>
<paragraph id="H09AB3F4CC9AC49128335AD341BF5D9CD"><enum>(1)</enum><text>the subsequent
issuance of any sequestration report to enforce the spending limits in section
252B or the Deficit Limits in section 253 order is precluded;</text>
</paragraph><paragraph id="H0BD25E7595464B57B6E029C3E26FB010"><enum>(2)</enum><text>sections 302(f),
310(d), 311(a), of the Congressional Budget Act of 1974 are suspended;
and</text>
</paragraph><paragraph id="H6EE63346E20D4CBAAE34A54740314720"><enum>(3)</enum><text>section 1103 of
title 31, United States Code, is
suspended.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H7A7378706D5A46FF8D1655B8B4BF496C"><enum>(c)</enum><header>Technical and
Conforming Amendments</header><paragraph commented="no" display-inline="yes-display-inline" id="H87F469734DB04A68B8E7CDED8450195C"><enum>(1)</enum><header>Repeals</header><text display-inline="yes-display-inline">section 255 of the Balanced Budget and
Emergency Deficit Control Act of 1985 is repealed.</text>
</paragraph><paragraph id="H3704E4FAECF54492A9E804F858E1640C" indent="up1"><enum>(2)</enum><header>Conforming
amendment</header><text>the item relating to section 256 in the table of
contents set forth in section 250(a) of the Balanced Budget and Emergency
Deficit Control Act of 1985 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H8068C91139D745899B2DB998C4F6AB3F" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 256. Spending reduction
order.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section></subtitle><enum>III</enum><header>LONG-TERM
BUDGETING</header>
<section id="H34FCB82DC52F41148E4261E6D68A89D2"><enum>300.</enum><header>Short title;
purposes</header><text display-inline="no-display-inline">This title may be
cited as <quote><short-title>Budget Reform and Long-Term
Sustainability Act of 2009</short-title></quote></text>
</section><section id="H4C8ED82E92444D28BEBD9D6C5938309C"><enum>301.</enum><header>CBO and OMB
projections</header>
<subsection id="HA092FAF6791E46B88373041A24057AD6"><enum>(a)</enum><header>Congressional
Budget Office</header><text display-inline="yes-display-inline">At the end of
section 308 of the Congressional Budget Act of 1974, add the following:</text>
<quoted-block id="H924FE641B7BC42129E8ED519B179E14A">
<subsection display-inline="no-display-inline" id="H2AE239A389EC476E9B2A9D7503022ECD"><enum>(d)</enum><header>Long-Term
Projections</header><text display-inline="yes-display-inline">Not later than
February 15 of each calendar year after the date of enactment of this
subsection, the Director of the Congressional Budget Office shall issue a
report projecting total spending, revenue, deficits, and debt for 75 years
beginning with such fiscal year as a percentage of gross domestic product
annually based on current law levels as modified to maintain current
policy.</text>
</subsection><subsection id="HD02AC5211D7240AB9B423DF88930FD8B"><enum>(e)</enum><header>CBO Spending
Review Report Issuance</header><text display-inline="yes-display-inline">As a
component of the report required by subsection (d), the Congressional Budget
Office shall issue a Spending Review Report and transmit such report to the
Committees on the Budget of the House of Representatives and the Senate.</text>
</subsection><subsection id="HFBC1EB63DCFB4317B674CCF9933431F3"><enum>(f)</enum><header>Content of
Spending Review Report</header><text>The content of the Spending Review Report
referred to in subsection (e) shall include analyses of the following:</text>
<paragraph id="H1706B98F67FE414689884D42A2B8B69C"><enum>(1)</enum><header>OASDI</header><text display-inline="yes-display-inline">The solvency of the Old-Age, Survivors, and
Disability Insurance Trust Fund;</text>
</paragraph><paragraph id="H48887093FF5D4EA1A3104905D8E417CC"><enum>(2)</enum><header>Medicare</header><text>The
long-range sustainability of the spending levels of Medicare;</text>
</paragraph><paragraph display-inline="no-display-inline" id="H59A83A4EABF3473C868342B18A53E28C"><enum>(3)</enum><header>Medicaid</header><text>The
long-range sustainability of the spending levels of Medicaid; and</text>
</paragraph><paragraph id="H1CAFFD300D764B06B91A33C884647106"><enum>(4)</enum><header>Other direct
spending</header><text>The long-range sustainability of spending levels of
other direct spending.</text>
</paragraph></subsection><subsection id="H3DF04889A25E43989A255B80C9ABDD20"><enum>(g)</enum><header>Definitions</header><text>For
purposes of the development of the Spending Review Report referred to in
subsection (b):</text>
<paragraph id="H5D48B6D167544BBBB29ED40E13BFBDF0"><enum>(1)</enum><header>Solvency of the
OASDI</header><text display-inline="yes-display-inline">The term
<quote>solvency</quote> as used in this section means the solvency of the
Old-Age Security and Disability Insurance Trust Funds over a 75-year period
beginning in the year the Spending Review Report is reported.</text>
</paragraph><paragraph id="H0EE05123905442FF8EC205FFA69DCF65"><enum>(2)</enum><header>Sustainability</header><text>The
term <quote>sustainability</quote> means the following:</text>
<subparagraph id="HA9A385EA515444E5AA8DBD586277B00A"><enum>(A)</enum><header>Medicare</header><text display-inline="yes-display-inline">The Medicare program is sustainable if it
is projected to grow, beginning in the tenth year following the date of the
enactment of this Act from the fixed percentage of Gross Domestic Product in
the year prior to the date of enactment of this subsection, adjusted by the
adjustment formula as set forth in section 252B(e) of the Balanced Budget and
Emergency Deficit Control Act of 1985;</text>
</subparagraph><subparagraph id="H462B6A1F17ED4E8AB1E338E77C9FBCB4"><enum>(B)</enum><header>Medicaid</header><text display-inline="yes-display-inline">The Medicaid program is sustainable if its
outlays, excluding those designated as emergencies, are projected to grow from
the fixed percentage of Gross Domestic Product in the year prior to the date of
the enactment of this Act, adjusted by a rate no higher than a blend of the
Consumer Price Index and the Medical Economic Index, as adjusted after fiscal
year 2018 using the same calculation, excluding benefits provided from the
OASDI Trust funds, as that set forth in section 252B(e) of the Balanced Budget
and Emergency Deficit Control Act of 1985 to reflect the increase in the the
number of Medicare eligible retirees receiving benefiits in the program
relative to fiscal year 2018.</text>
</subparagraph><subparagraph id="HBECC0E73AD3A44E4924F1A77135E8A8A"><enum>(C)</enum><header>Other direct
spending</header><text>Other direct spending is direct spending other than
OASDI, the Medicare and Medicaid program and is sustainable if it grows from a
fixed percentage of gross domestic product in fiscal year
2008.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H268DD1ACB8874C9F8D31A93B966A4ACA"><enum>(b)</enum><header>Office of
Management and Budget</header><text display-inline="yes-display-inline">Section
1105(a) of title 31, United States Code, (as amended by section 142(e)) is
further amended by adding at the end the following:</text>
<quoted-block id="H6A06FDB1D44C4E018A97E3265E3D7F9E">
<paragraph id="HE0373012BBBF4023968B37F43DB2143C"><enum>(38)</enum><text>long-term
projections of total spending over 75 years as a percentage of gross domestic
product annually and the impact of proposed policies over that
period.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H30E596E445DC42DB8323D7BB304F1880"><enum>302.</enum><header>GAO and OMB
statements of the Federal Government’s financial condition</header>
<subsection display-inline="no-display-inline" id="HC0244F81C6644441B35A180C6D60DFF3"><enum>(a)</enum><header>Government
Accountability Office</header><text display-inline="yes-display-inline">On or
before April 15 of each fiscal year, the Government Accountability Office shall
submit a report on the federal government’s financial condition, including the
long-term unfunded obligations.</text>
</subsection><subsection id="H08888346F563418FA7841589AD0E0180"><enum>(b)</enum><header>Definition of
Long-Term Unfunded Obligations</header><text>Section 3 of the Congressional
Budget Act of 1974 is further amended by adding at the end the following new
paragraph, and redesignate the paragraph accordingly:</text>
<quoted-block display-inline="no-display-inline" id="H9D50B749617144E1B810326579CE6BC7" style="OLC">
<paragraph id="H8660CD3694AE4A8684626418EC93CF99"><enum>(11)</enum><header>Unfunded
Obligations</header><text display-inline="yes-display-inline">The term
<quote>Unfunded Obligations</quote> means the dollar sum of the Total Net
Position as displayed in the United States Government Balance Sheets contained
within the most recently published Financial Report of the United States
Government; plus the 75-year actuarial balances, using the intermediate
open-group assumption, of Medicare’s Hospital Insurance, Supplementary Medical
Insurance, and Prescription Drug programs contained within the most recently
published Annual Report of the Boards of Trustees of the Federal Hospital
Insurance and Federal Supplementary Medical Insurance Trust Funds; plus the
75-year actuarial balance, using the intermediate open group assumption, of the
Old-Age Survivors and Disability Insurance program contained within the most
recently published Annual Report of the Board of Trustees of the Federal
Old-Age and Survivors Insurance and Federal Disability Insurance Trust
Funds.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HD2AE2C3FC2C3485BB272620B3573EF31"><enum>(c)</enum><header>Office of
Management and Budget</header><text display-inline="yes-display-inline">Section
1105(a) of title 31, United States Code, (as amended by section 301(b)) is
further amended by adding at the end the following:</text>
<quoted-block id="HF4B3FB4D4AAD4E6BA197B75B169581A1">
<paragraph id="HFE9FF54C2F184869A736A3DEE44652A9"><enum>(39)</enum><text>a report on the
Federal Government’s financial condition, the including the long-term unfunded
obligations.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H1E2FC4869CD2459D9239D24C21C414C7"><enum>303.</enum><header>Five-year
Fiscal Sustainability Review</header><text display-inline="no-display-inline">Title III of the Congressional Budget Act of
1974 (as amended by section 126(a)) is further amended by adding at the end the
following new section:</text>
<quoted-block display-inline="no-display-inline" id="H7D7BE8CF560E481B9F61821E5A4BA110" style="traditional">
<section id="HBA5DD2A975E14A60B126F7CCB07FD3CD"><enum>319.</enum><header>Five-year Fiscal Sustainability Review</header><subsection commented="no" display-inline="yes-display-inline" id="H93D74FECB164430899FAFD89E8B8AB14"><enum>(a)</enum><header>Congressional Spending
Review Report</header><text display-inline="yes-display-inline">Not later than
15 calendar days after the date of the transmittal of the report referred to in
subsection 308(e), the Committees on the Budget of the House of Representatives
and the Senate shall issue, and have printed in the Congressional Record, an
assessment of such report.</text>
</subsection><subsection id="H286EE87E3B34499686998AC97C33D26E"><enum>(b)</enum><header>Committee
Recommendations</header><text>Not later than 15 calendar days after the date of
the report of the review referred to in subsection (c), the committees of the
House of Representatives and the Senate shall consider and vote to submit to
the Committees on the Budget of the House of Representatives and Senate, as
applicable, recommendations, if any, such committees deem appropriate in
response to the Spending Review Report issued pursuant to subsection
(c).</text>
</subsection><subsection id="H6ADA4CF0642D4B7AA45E6F9925BE03F7"><enum>(c)</enum><header>Expedited
Consideration of Spending Review Legislation</header>
<paragraph id="HB71F1659203A4E468D4EC3A2BDBB527E"><enum>(1)</enum><header>Consideration in
the House of Representatives</header>
<subparagraph id="H204C5E2BB116446F99C71C214A8AB7D6"><enum>(A)</enum><header>Introduction of
spending review legislation</header>
<clause id="H68941D8B4FEB487AA8D766BD147811F7"><enum>(i)</enum><text>If
the report referred to in section 308 indicates that the OASDI Trust Funds are
not solvent, or that Medicare, Medicaid or other direct spending programs are
not sustainable, or total spending exceeds the limits set forth in section 252B
for any year within the 75-year period referred to in such report, then not
later than 30 calendar days after the transmittal of the report referred to in
subsection (a), if any, the majority leader and minority leader of the House of
Representatives shall each introduce legislation implementing to the extent
practicable the recommendations referred to in subsection (d), or if necessary
additional spending reduction sufficient to achieve the spending levels
referred to in subsection (b).</text>
</clause><clause id="H0D4AEA8381644A8E9874BF2AB9B8C0B7"><enum>(ii)</enum><text>If Spending
Review Legislation is not introduced pursuant to this subparagraph by the
majority leader or minority leader, then not later than 45 calendar days after
the transmittal of the report referred to in subsection (a), the chairman or
ranking member of the Committee on the Budget shall introduce Spending Review
Legislation sufficient to achieve the same spending levels.</text>
</clause><clause id="H94841357812F4C899C135BC26AA2A271"><enum>(iii)</enum><text>Spending review
legislation shall be referred solely to the House of Representatives Budget
Committee, which shall have sole jurisdiction of such legislation.</text>
</clause><clause id="HCEED71E8D1C249D48B30B872D75F28D0"><enum>(iv)</enum><text>Spending review
legislation introduced pursuant to this section shall cause total spending to
be reduced by an amount equal or greater than the amount of the breach of the
limits set forth in section 252B, and shall cause the OASDI Trust Funds to
achieve solvency, and shall cause Medicare, Medicaid, and other direct spending
programs to achieve sustainability.</text>
</clause></subparagraph><subparagraph id="H2287CE857B98496A9110B2A2183F41AF"><enum>(B)</enum><header>Referral and
reporting</header><text>The Committee on the Budget of the House of
Representatives shall report Spending Review Legislation to the House of
Representatives not later than the seventh legislative day after the date of
introduction of the legislation referred to in subparagraph (A). If such
committee fails to report the Spending Review Legislation within that period or
the House of Representatives has adopted a concurrent resolution providing for
adjournment sine die at the end of a Congress, such committee shall be
automatically discharged from further consideration of the Spending Review
Legislation and it shall be placed on the appropriate calendar.</text>
</subparagraph><subparagraph id="H5A20017431574AA7B43D1CC7CF07DB25"><enum>(C)</enum><header>Proceeding to
consideration</header><text>After Spending Review Legislation is reported by or
discharged from the Committee on the Budget or the House of Representatives has
adopted a concurrent resolution providing for adjournment sine die at the end
of a Congress, it shall be in order to move to proceed to consider the Spending
Review Legislation in the House of Representatives. Such a motion shall be in
order in the legislative schedule within two legislative days after the day on
which the proponent announces his intention to offer the motion. Such a motion
shall not be in order after the House of Representatives has disposed of a
motion to proceed with respect to that special message. The previous question
shall be considered as ordered on the motion to its adoption without
intervening motion. A motion to reconsider the vote by which the motion is
disposed of shall not be in order.</text>
</subparagraph><subparagraph id="H542FF43CB87546BCA9C43A67B4D29BB0"><enum>(D)</enum><header>Consideration</header><text>The
Spending Review Legislation shall be considered as read. All points of order
against Spending Review Legislation and against its consideration are waived.
The previous question shall be considered as ordered on an Spending Review
Legislation to its passage without intervening motion except five hours of
debate equally divided and controlled by the proponent and an opponent and one
motion to limit debate on the Spending Review Legislation. A motion to
reconsider the vote on passage of the Spending Review Legislation shall not be
in order.</text>
</subparagraph><subparagraph id="H02D67F771A74440F959C59C8273C8DE8"><enum>(E)</enum><header>Senate Spending
Review Legislation</header><text>Spending Review Legislation received from the
Senate shall not be referred to committee.</text>
</subparagraph></paragraph><paragraph id="HD9A3D0EC3DF74F7C8AA2DA560554FFF8"><enum>(2)</enum><header>Consideration in
the Senate</header>
<subparagraph id="H22C7AA752EFE4295B4B3714B19C022CE"><enum>(A)</enum><header>Motion to
proceed to consideration</header><text>A motion to proceed to the consideration
of Spending Review Legislation under this subsection in the Senate shall not be
debatable. It shall not be in order to move to reconsider the vote by which the
motion to proceed is agreed to or disagreed to.</text>
</subparagraph><subparagraph id="HFD585B61459F4CB8AD766339EA3814DB"><enum>(B)</enum><header>Limits on
debate</header><text>Debate in the Senate on Spending Review Legislation under
this subsection, and all debatable motions and appeals in connection therewith
(including debate pursuant to subparagraph (D)), shall not exceed 10 hours,
equally divided and controlled in the usual form.</text>
</subparagraph><subparagraph id="HB08A32F9D94041A7A135BEFA171605D9"><enum>(C)</enum><header>Appeals</header><text>Debate
in the Senate on any debatable motion or appeal in connection with Spending
Review Legislation under this subsection shall be limited to not more than 1
hour, to be equally divided and controlled in the usual form.</text>
</subparagraph><subparagraph id="HAC4625A3C49C40D3B62AACF1F3EC299D"><enum>(D)</enum><header>Motion to limit
debate</header><text>A motion in the Senate to further limit debate on Spending
Review Legislation under this subsection is not debatable.</text>
</subparagraph><subparagraph id="H3EE8599BF60040DEBF7724FD697B2440"><enum>(E)</enum><header>Motion to
recommit</header><text>A motion to recommit Spending Review Legislation under
this subsection is not in order.</text>
</subparagraph><subparagraph id="H416707607B334BF1B2BD0D79A1D05D65"><enum>(F)</enum><header>Consideration of
the House of Representatives Spending Review Legislation</header>
<clause id="H6CAF27F8F0184F8BA0682880B43EC112"><enum>(i)</enum><header>In
general</header><text>If the Senate has received the House of Representatives
companion resolution to the Spending Review Legislation introduced in the
Senate prior to the vote required under paragraph (1)(C), then the Senate may
consider, and the vote under paragraph (1)(C) may occur on, the House of
Representatives companion resolution.</text>
</clause><clause id="H8349CB871C91460CB4DACBBA00C9104D"><enum>(ii)</enum><header>Procedure after
vote on Senate Spending Review Legislation</header><text>If the Senate votes,
pursuant to paragraph (1)(C), on the Spending Review Legislation introduced in
the Senate, then immediately following that vote, or upon receipt of the House
of Representatives companion resolution, the House of Representatives Spending
Review Legislation shall be deemed to be considered, read the third time, and
the vote on passage of the Senate resolution shall be considered to be the vote
on the Spending Review Legislation received from the House of
Representatives.</text>
</clause></subparagraph></paragraph><paragraph id="HAF7D1A1F59114F54BE23032EFC739762"><enum>(3)</enum><header>Jurisdiction</header><text>The
Committees on the Budget of the House of Representatives and Senate shall have
exclusive jurisdiction over any Spending Review Legislation and all the
provisions therein for all purposes of the rules of either
House.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H928D710B92BB4E4EA96A66BA845429B6"><enum>304.</enum><header>Long-term
reconciliation</header>
<subsection id="H215D7E396B5B42AF8C6DFEC0CB78F9B8"><enum>(a)</enum><header>Long-Term
Reconciliation</header><text display-inline="yes-display-inline">Section 310 of
the Congressional Budget Act of 1974 is amended as follows:</text>
<quoted-block display-inline="no-display-inline" id="H48A86ABE04EB4E638CD2E73EB4172131" style="OLC">
<subsection id="HD5A5765D962C42C8937CFF08867ADD84"><enum>(h)</enum><header>Long-Term
Reconciliation Directives in a Joint Resolution on the Budget</header>
<paragraph id="H1B86333EF9014478A9E7A8C7BEB3E2D3"><enum>(1)</enum><header>Long-term
reconciliation directives</header><text>In addition to a reconciliation measure
as set forth in subsection (a), a joint resolution on the budget for any fiscal
year, to the extent necessary to effectuate the spending levels as set forth
for such categories in section 301(a) (providing for long-term spending levels
as a percentage of gross domestic product) of such resolution, shall—</text>
<subparagraph id="H4C849D1C8D7F4926B64822ECC54038CC"><enum>(A)</enum><text>specify the total
amount by which Medicare, Medicaid, the OASDI Trust Funds, and other direct
spending outlays are to be reduced within the jurisdiction of a committee as a
percentage of gross domestic product of such fiscal year; and</text>
</subparagraph><subparagraph id="H45DCC78182B046C9B3F1A0E9C22E61E9"><enum>(B)</enum><text>direct that
committee to determine and recommend changes to accomplish a reduction of such
total amount for such categories as a percentage of gross domestic
product.</text>
</subparagraph></paragraph><paragraph id="H173CBE7E3A62437ABD9847D7EBAD1B71"><enum>(2)</enum><header> Limitation on
amendments to long-term reconciliation legislation</header>
<subparagraph id="H227D33226F8149EB813A379CAA97A9BF"><enum>(A)</enum><text>It shall not be in
order in the House of Representatives to consider any amendment to a
reconciliation bill or reconciliation resolution if such amendment decreases
outlay reductions below the level of such outlay reductions provided (for the
fiscal years covered) in the reconciliation instructions which relate to such
long-term reconciliation bill.</text>
</subparagraph><subparagraph id="HFECBEDDFACFF49C0BCDAAA872D9F664A"><enum>(B)</enum><text>It shall not be in
order in the Senate to consider any amendment to a reconciliation bill or
reconciliation resolution if such amendment decreases outlay reductions below
the level of such outlay reductions provided (for the fiscal years covered) in
the reconciliation instructions which relate to such long-term reconciliation
bill.</text>
</subparagraph><subparagraph id="H2B755CCF58F8429092051DF65E688BE6"><enum>(C)</enum><text>Subparagraphs (A)
and (B) shall not apply if a declaration of war by the Congress is in
effect.</text>
</subparagraph><subparagraph id="HD9C90754B327452CB0F9A1D7BE7DAF12"><enum>(D)</enum><text>For purposes of
this section, the levels of outlays as a percentage of a gross domestic product
for a fiscal year shall be determined on the basis of estimates made by the
Committee on the Budget of the House of Representatives or of the
Senate.</text>
</subparagraph><subparagraph id="H59AF66461E7D45F88AFA22285A61A63A"><enum>(E)</enum><text>The Committee on
Rules of the House of Representatives may make in order amendments to achieve
outlay reductions specified by reconciliation directives contained in a joint
resolution on the budget if a committee or committees of the House of
Representatives fail to submit recommended reductions in outlays as a
percentage or gross domestic product to its Committee on the Budget pursuant to
its instruction.</text>
</subparagraph><subparagraph id="H99E170DF56C741E4BB59A61166F28789"><enum>(F)</enum><text>In the Senate, a
motion to strike a provision shall always be in order.</text>
</subparagraph></paragraph><paragraph id="HD26D979035894873855D87D019AE5CE3"><enum>(3)</enum><header>Subject
matter</header><text>Subject matter included in a long-term reconciliation bill
may be any of the following:</text>
<subparagraph id="HDFB6613BD44D4FDFBF79BAC8D07DED65"><enum>(A)</enum><text>Any part of the
Medicare program.</text>
</subparagraph><subparagraph id="H104BC6B5EE6541868D54F732DEC02D0B"><enum>(B)</enum><text>Medicaid.</text>
</subparagraph><subparagraph id="H9E9DC49E99DE49C29EF0F52ABB28EFB4"><enum>(C)</enum><text>The Old-Age,
Survivors, and Disability Insurance Trust Fund.</text>
</subparagraph><subparagraph id="H9D45D1D834C540A58A29105F5EF5CC02"><enum>(D)</enum><text>Other direct
spending.</text>
</subparagraph></paragraph><paragraph id="H4A4C1C2083BF4391B0892861D880FC5B"><enum>(4)</enum><header>Application</header><text>Subsections
(c), (d), and (g) shall not apply to long-term reconciliation measures reported
under this
subsection.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" id="HAE290D87EF4749FEB13A445BE06630F6"><enum>(b)</enum><header>Conforming
Amendment</header><text display-inline="yes-display-inline">In section 310(b)
of the Congressional Budget Act of 1974, strike <quote>subsection (a)</quote>
and insert <quote>subsections (a) and (h)</quote>.</text>
</subsection></section><section id="HD16BFB329A7C4C64806350D523577AE0"><enum>305.</enum><header>Long-term
spending increase point of order</header>
<subsection id="HC759CC42319E4D54B6C362008BC5AC8B"><enum>(a)</enum><header>In
General</header><text display-inline="yes-display-inline">Title III of the
Congressional Budget Act of 1974 (as amended by section 303) is further amended
by adding at the end the following new section:</text>
<quoted-block display-inline="no-display-inline" id="H8C96B2542D7748DD83CBB8F277D1EB0E" style="traditional">
<section id="HDA424ACAF3D8441BBC3501D242D97CA9"><enum>320.</enum><header>Long-term Spending Increase Point of
Order</header><subsection commented="no" display-inline="yes-display-inline" id="HB1BF5A17C8AA4B45BBF21018CA39B68F"><enum>(a)</enum><header>Congressional Budget
Office Analysis of Proposals</header><text display-inline="yes-display-inline">The Director of the Congressional Budget
Office shall, to the extent practicable, prepare for each bill and joint
resolution reported from committee (except measures within the jurisdiction of
the Committee on Appropriations), and amendments thereto and conference reports
thereon, an estimate of whether the measure causes, relative to current law, a
net increase in direct spending in excess of $5,000,000,000 in any of the four
10-year periods beginning in fiscal year 2019 through fiscal year 2058.</text>
</subsection><subsection id="H50731A59B7CD45AFB774576DCCD03056"><enum>(b)</enum><header>In the
Senate</header>
<paragraph id="H3896799B0310494BADAB8994105DEEFF"><enum>(1)</enum><header>Point of
order</header><text>It shall not be in order in the Senate to consider any
bill, joint resolution, amendment, motion, or conference report that causes a
net increase in deficits in excess of $5,000,000,000 in any of the four 10-year
periods beginning in 2019 through 2058.</text>
</paragraph><paragraph id="HCF701B860DFF449AA2D159B78B7A90D5"><enum>(2)</enum><header>Supermajority
waiver and appeal</header>
<subparagraph id="HF5229A1445614609876647D93B3BB3EC"><enum>(A)</enum><text>This section may
be waived or suspended only by the affirmative vote of three-fifths of the
Members, duly chosen and sworn.</text>
</subparagraph><subparagraph id="HA28219FE8D7747618ADB590187A7D494"><enum>(B)</enum><text>An affirmative
vote of three-fifths of the Members, duly chosen and sworn, shall be required
to sustain an appeal of the ruling of the Chair on a point of order raised
under this section.</text>
</subparagraph></paragraph></subsection><subsection id="H06BAFDB75BD94A64A5B9DE3FBF0EC1E8"><enum>(c)</enum><header>In the House of
Representatives</header>
<paragraph id="HE543DFD744E140C690F639F1E1518E2E"><enum>(1)</enum><header>Point of
order</header><text>It shall not be in order in the House of Representatives to
consider any bill, joint resolution, amendment, motion, or conference report
that causes a net increase in deficits in excess of $5,000,000,000 in any of
the four 10-year periods beginning in 2019 through 2058.</text>
</paragraph><paragraph id="H2A444015EDB8416CBD87CAACFCBCFDD2"><enum>(2)</enum><header>Supermajority
waiver and appeal</header>
<subparagraph id="H09F35165C28D4AF7AE7515DF52A6FB40"><enum>(A)</enum><text>This section may
be waived or suspended only by the affirmative vote of three-fifths of the
Members, duly chosen and sworn.</text>
</subparagraph><subparagraph id="HCB4110F318F24C588382EEEE9E9C3C47"><enum>(B)</enum><text>An affirmative
vote of two-thirds of the Members, duly chosen and sworn, shall be required to
sustain an appeal of the ruling of the Chair on a point of order raised under
this section.</text>
</subparagraph></paragraph></subsection><subsection id="H48696D8465FE4B2CBA110ACE1855E247"><enum>(d)</enum><header>Determinations
of Budget Levels</header><text>For purposes of this section, the levels of net
deficit increases shall be determined on the basis of estimates provided by the
chairmen of the Senate and House Committees on the Budget, as
applicable.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H8351DD4411704B2AA32A51345DF3A2EC"><enum>(b)</enum><header>Conforming
Amendment</header><text>The table of contents set forth in section 1(b) of the
Congressional Budget and Impoundment Control Act of 1974 is amended by
inserting after the item relating to section 319 the following new item:</text>
<quoted-block display-inline="no-display-inline" id="HD288A15D90D548AAB41D30291601E4B1" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 320. Long-term spending increase
point of
order.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><enum>IV</enum><header>Spending
Reform</header>
<subtitle id="HBBDBF59B261D43EC938CBFCB496C61E1"><enum>A</enum><header>Federal Program
Sunset </header>
<section display-inline="no-display-inline" id="HF3CB5EF9FC544370B2550C772BF57166" section-type="subsequent-section"><enum>400.</enum><header>Short
title</header><text display-inline="no-display-inline">This subtitle may be
cited as the <quote><short-title>Federal Program Sunset
Act of 2009</short-title></quote>.</text>
</section><section id="H2FACA027CE6B4956960063AA43E7FC4D"><enum>401.</enum><header>Review and
abolishment of Federal agencies</header>
<subsection id="HB675B512682E4F23851C4206E9880C50"><enum>(a)</enum><header>Schedule for
Review</header><text>Not later than one year after the date of the enactment of
this Act, the Federal Agency Sunset Commission established under section 402
(in this subtitle referred to as the <quote>Commission</quote>) shall submit to
Congress a schedule for review by the Commission, at least once every 12 years
(or less, if determined appropriate by Congress), of the abolishment or
reorganization of each agency.</text>
</subsection><subsection id="H41A202ED1C094C12857D0A8B30564967"><enum>(b)</enum><header>Review of
Agencies Performing Related Functions</header><text>In determining the schedule
for review of agencies under subsection (a), the Commission shall provide that
agencies that perform similar or related functions be reviewed concurrently to
promote efficiency and consolidation.</text>
</subsection><subsection id="H09CE3A70B8C643D98555DD6FFC686C3E"><enum>(c)</enum><header>Abolishment of
Agencies</header>
<paragraph id="HFF428CF645354B96AE2AF4894C070C3A"><enum>(1)</enum><header>In
general</header><text>Each agency shall—</text>
<subparagraph id="HAF06DE208C84448CA223991C5170EF6E"><enum>(A)</enum><text>be reviewed
according to the schedule created pursuant to this section; and</text>
</subparagraph><subparagraph id="HACB23D366CDF428A99DAB7C5239A8744"><enum>(B)</enum><text>be abolished not
later than one year after the date that the Commission completes its review of
the agency pursuant to such schedule, unless the agency is reauthorized by the
Congress.</text>
</subparagraph></paragraph><paragraph id="H1E0AA20335B94811A75205B5B74726AC"><enum>(2)</enum><header>Extension</header><text>The
deadline for abolishing an agency may be extended for an additional two years
after the date described in paragraph (1)(B) if the Congress enacts legislation
extending such deadline by a vote of a super majority of the House of
Representatives and the Senate.</text>
</paragraph></subsection></section><section display-inline="no-display-inline" id="HC12200996087469386A677E7B9F10183" section-type="subsequent-section"><enum>402.</enum><header>Establishment of
Commission</header>
<subsection id="H4EAD2ABB1DE94FB4A9851F42DCB69A43"><enum>(a)</enum><header>Establishment</header><text>There
is established a commission to be known as the <quote>Federal Agency Sunset
Commission</quote>.</text>
</subsection><subsection id="H2E0F3532F0AA4C5FB66909BFA462CF44"><enum>(b)</enum><header>Composition</header><text>The
Commission shall be composed of 12 members (in this subtitle referred to as the
<quote>members</quote>) who shall be appointed as follows:</text>
<paragraph id="H14C453E022104CC8B26DD88C1294DF69"><enum>(1)</enum><text>Six members shall
be appointed by the Speaker of the House of Representatives, with minority
members appointed with the consent of the minority leader of the House of
Representatives.</text>
</paragraph><paragraph id="H62A984AB5E934673A85F0F076EFDCA74"><enum>(2)</enum><text>Six members shall
be appointed by the majority leader of the Senate, with minority members
appointed with the consent of the minority leader of the Senate.</text>
</paragraph></subsection><subsection id="HCE53A51E4B62448DBC67EB6C33EE4339"><enum>(c)</enum><header>Qualifications
of Members</header>
<paragraph id="HA7374CEB4E044D95A86A694CBF71B28C"><enum>(1)</enum><header>In
general</header><subparagraph commented="no" display-inline="yes-display-inline" id="H70FF0015109740CDA5D71D6BC7331F63"><enum>(A)</enum><text>Of
the members appointed under subsection (b)(1), four shall be members of the
House of Representatives (not more than two of whom may be of the same
political party), and two shall be an individual described in subparagraph
(C).</text>
</subparagraph><subparagraph id="HB4538D45990A422594D39A7CD4846ACF" indent="up1"><enum>(B)</enum><text>Of the members appointed under
subsection (b)(2), four shall be members of the Senate (not more than two of
whom may be of the same political party) and two shall be an individual
described in subparagraph (C).</text>
</subparagraph><subparagraph id="H0F371639F0FF4299A30C041704643989" indent="up1"><enum>(C)</enum><text>An individual under this subparagraph
is an individual—</text>
<clause id="HE8164B9AF6E9493DA2652FBFEE7D148C"><enum>(i)</enum><text>who is not a member of Congress;
and</text>
</clause><clause id="HB947525CF2F94BD3A6E593626CE3000C"><enum>(ii)</enum><text>with expertise in the operation
and administration of Government programs.</text>
</clause></subparagraph></paragraph><paragraph id="H8870CAFBA44C4FD2BE0EBAC0305E14FE"><enum>(2)</enum><header>Continuation of
membership</header><text>If a member was appointed to the Commission as a
Member of Congress and the member ceases to be a Member of Congress, that
member shall cease to be a member of the Commission. The validity of any action
of the Commission shall not be affected as a result of a member becoming
ineligible to serve as a member for the reasons described in this
paragraph.</text>
</paragraph></subsection><subsection id="H4F854A1508924344990D599CADE17FD2"><enum>(d)</enum><header>Initial
Appointments</header><text>All initial appointments to the Commission shall be
made not later than 90 days after the date of the enactment of this Act.</text>
</subsection><subsection id="H68F6F3907347493B89F2B3911305DB05"><enum>(e)</enum><header>Chairman;
Vice-Chairman</header>
<paragraph id="HE1B6DFBFE9524F76BC484C1B148B6007"><enum>(1)</enum><header>Initial
Chairman</header><text>An individual shall be designated by the Speaker of the
House of Representatives from among the members initially appointed under
subsection (b)(1) to serve as chairman of the Commission for a period of 2
years.</text>
</paragraph><paragraph id="HCCD91207BF1E4C7EBE5A8FCBCE88B9CE"><enum>(2)</enum><header>Initial
vice-chairman</header><text>An individual shall be designated by the majority
leader of the Senate from among the individuals initially appointed under
subsection (b)(2) to serve as vice-chairman of the Commission for a period of
two years.</text>
</paragraph><paragraph id="H533588EC9E7444EBBAE7FC5B21B37B62"><enum>(3)</enum><header>Alternate
appointments of chairmen and vice-chairmen</header><text>Following the
termination of the two-year period described in paragraphs (1) and (2), the
Speaker and the majority leader shall alternate every two years in appointing
the chairman and vice-chairman of the Commission.</text>
</paragraph></subsection><subsection id="HEDBE7C593C5046D78DC70E90AC1ECBE0"><enum>(f)</enum><header>Terms of
Members</header>
<paragraph id="HC6CA04C4DE864259832999C8F9C3164F"><enum>(1)</enum><header>Members of
Congress</header><text>Each member appointed to the Commission who is a member
of Congress shall serve for a term of six years, except that, of the members
first appointed under paragraphs (1) and (2) of subsection (b), 2 members shall
be appointed to serve a term of three years under each such paragraph.</text>
</paragraph><paragraph id="H3C6C5667F4E149749BEF0E8B6D371C03"><enum>(2)</enum><header>Other
members</header><text>Each member of the Commission who is not a member of
Congress shall serve for a term of three years.</text>
</paragraph><paragraph id="H6A31BCBF07A54738ADD6BF5DFB8EED3B"><enum>(3)</enum><header>Term
Limits</header><subparagraph commented="no" display-inline="yes-display-inline" id="H40E79735A99949CAA5FBC5127313FE04"><enum>(A)</enum><text>A
member of the Commission who is a member of Congress and who serves more than
three years of a term may not be appointed to another term as a member.</text>
</subparagraph><subparagraph id="H2A7102FF7011494FB3379BFF8795A2D9" indent="up1"><enum>(B)</enum><text>A member of the Commission who is not
a member of Congress and who serves as a member of the Commission for more than
56 months may not be appointed to another term as a member.</text>
</subparagraph></paragraph></subsection><subsection id="H2CF55BFE7DAF4B63AC5B7E9EA2A2BA75"><enum>(g)</enum><header>Powers of
Commission</header>
<paragraph id="H891B2C17A72E4397AC7CAEFA3083D2D7"><enum>(1)</enum><header>Hearings and
sessions</header><text>The Commission may, for the purpose of carrying out this
subtitle, hold such hearings, sit and act at such times and places, take such
testimony, and receive such evidence as the Commission considers appropriate.
The Commission may administer oaths to witnesses appearing before it.</text>
</paragraph><paragraph id="H1E419D509E904788834CC2739AE4A4B9"><enum>(2)</enum><header>Obtaining
information</header><text>The Commission may secure directly from any
department or agency of the United States information necessary to enable it to
carry out its duties under this subtitle. Upon request of the chairman, the
head of that department or agency shall furnish that information to the
Commission in a full and timely manner.</text>
</paragraph><paragraph id="H5FDE56081D3F4D0185FEB0BCA7E140DE"><enum>(3)</enum><header>Subpoena
power</header><subparagraph commented="no" display-inline="yes-display-inline" id="H9FBA14CAA86F42AC9344A39E15795E7F"><enum>(A)</enum><text>The
Commission may issue a subpoena to require the attendance and testimony of
witnesses and the production of evidence relating to any matter under
investigation by the Commission.</text>
</subparagraph><subparagraph id="HC3A1DCF0C9EF415D8C432BBACA1293BE" indent="up1"><enum>(B)</enum><text>If a person refuses to obey an order
or subpoena of the Commission that is issued in connection with a Commission
proceeding, the Commission may apply to the United States district court in the
judicial district in which the proceeding is held for an order requiring the
person to comply with the subpoena or order.</text>
</subparagraph></paragraph><paragraph id="H7DC52854BD4249349BBC9C7AEF7BFAFF"><enum>(4)</enum><header>Immunity</header><text>The
Commission is an agency of the United States for purposes of part V of title
18, United States Code (relating to immunity of witnesses).</text>
</paragraph><paragraph id="HC65A3DFF08B7408385C567FEC5E0B9DA"><enum>(5)</enum><header>Contract
authority</header><text>The Commission may contract with and compensate
government and private agencies or persons for services without regard to
section 3709 of the Revised Statutes (41 U.S.C. 5).</text>
</paragraph></subsection><subsection id="H8937F972A3614B19B3E3970E90EC9B58"><enum>(h)</enum><header>Commission
Procedures</header>
<paragraph id="H2752285D79D34FB8AE27873F0D055E24"><enum>(1)</enum><header>Meetings</header><text>The
Commission shall meet at the call of the chairman.</text>
</paragraph><paragraph id="H1E7F20880B8648ACA3B9725E6FC597C1"><enum>(2)</enum><header>Quorum</header><text>Seven
members of the Commission shall constitute a quorum but a lesser number may
hold hearings.</text>
</paragraph></subsection><subsection id="HB33F0ED97293403DAF2E31B6C63464C3"><enum>(i)</enum><header>Personnel
Matters</header>
<paragraph id="H93289429AAB84A448936A531EE3A9AD4"><enum>(1)</enum><header>Compensation</header><text>Members
shall not be paid by reason of their service as members.</text>
</paragraph><paragraph id="H3515945549B841DEB117B63129A9DE06"><enum>(2)</enum><header>Travel
expenses</header><text>Each member shall receive travel expenses, including per
diem in lieu of subsistence, in accordance with sections 5702 and 5703 of title
5, United States Code.</text>
</paragraph><paragraph id="H3CB7E9ED92644AE586F9F757CDB7889A"><enum>(3)</enum><header>Director</header><text>The
Commission shall have a Director who shall be appointed by the chairman. The
Director shall be paid at a rate not to exceed the maximum rate of basic pay
payable for GS–15 of the General Schedule.</text>
</paragraph><paragraph id="H8C1738C8A9D941D1908EF0F791CBF9FF"><enum>(4)</enum><header>Staff</header><text>The
Director may appoint and fix the pay of additional personnel as the director
considers appropriate.</text>
</paragraph><paragraph id="H0707B472388546B6AB7546F8C1C2E3C0"><enum>(5)</enum><header>Applicability of
certain civil service laws</header><text>The director and staff of the
Commission shall be appointed subject to the provisions of title 5, United
States Code, governing appointments in the competitive service, and shall be
paid in accordance with the provisions of chapter 51 and subchapter III of
chapter 53 of that title relating to classification and General Schedule pay
rates.</text>
</paragraph></subsection><subsection id="HDB70B58947CB40F99784F708D11C591D"><enum>(j)</enum><header>Other
Administrative Matters</header>
<paragraph id="H69630F327A3A4AE38F448FFABC60C4B5"><enum>(1)</enum><header>Postal and
printing services</header><text>The Commission may use the United States mails
and obtain printing and binding services in the same manner and under the same
conditions as other departments and agencies of the United States.</text>
</paragraph><paragraph id="HADD95AB2B14F406182E30CC24285930D"><enum>(2)</enum><header>Administrative
support services</header><text>Upon the request of the Commission, the
Administrator of General Services shall provide to the Commission, on a
reimbursable basis, the administrative support services necessary for the
Commission to carry out its duties under this subtitle.</text>
</paragraph><paragraph id="HD347853E72744E099FD2DFC166A34B19"><enum>(3)</enum><header>Experts and
consultants</header><text>The Commission may procure temporary and intermittent
services under section 3109(b) of title 5, United States Code.</text>
</paragraph></subsection><subsection id="H27EFB075AF664644B6A260495BAA5B77"><enum>(k)</enum><header>Sunset of
Commission</header><text>The Commission shall terminate on December 31, 2033,
unless reauthorized by Congress.</text>
</subsection></section><section display-inline="no-display-inline" id="H96267D25856540ACB74AB2465A188C52" section-type="subsequent-section"><enum>403.</enum><header>Review of efficiency
and need for Federal agencies</header>
<subsection id="HEEF58797FFBC455F9E0B2B4784FA0F91"><enum>(a)</enum><header>In
General</header><text>The Commission shall review the efficiency and public
need for each agency in accordance with the criteria described in section
404.</text>
</subsection><subsection id="H9E3F8F6B8F0B4743AC305458C9E38D83"><enum>(b)</enum><header>Recommendations;
Report to Congress</header><text>The Commission shall submit to Congress and
the President not later than September 1 of each year a report
containing—</text>
<paragraph id="HD29CCCBF43314AAFAFE9B0EB0BFB5436"><enum>(1)</enum><text>an analysis of the
efficiency of operation and public need for each agency to be reviewed in the
year in which the report is submitted pursuant to the schedule submitted to
Congress under section 2;</text>
</paragraph><paragraph id="H969C0D49AD234707984636D06D439C05"><enum>(2)</enum><text>recommendations on
whether each such agency should be abolished or reorganized;</text>
</paragraph><paragraph id="H6AFE2ACA7B3D473A80A7C5F9ED387F92"><enum>(3)</enum><text>recommendations on
whether the functions of any other agencies should be consolidated,
transferred, or reorganized in an agency to be reviewed in the year in which
the report is submitted pursuant to the schedule submitted to Congress under
section 2; and</text>
</paragraph><paragraph id="H80A3F13F6B54445F84C7B35FA0D9D3BD"><enum>(4)</enum><text>recommendations
for administrative and legislative action with respect to each such agency, but
not including recommendations for appropriation levels.</text>
</paragraph></subsection><subsection id="H74807C5D722246F3929AB63EBFFC002E"><enum>(c)</enum><header>Draft
Legislation</header><text>The Commission shall submit to Congress and the
President not later than September 1 of each year a draft of legislation to
carry out the recommendations of the Commission under subsection (b).</text>
</subsection><subsection id="HA23E77E4EFE0443B8309D3D08AF3026B"><enum>(d)</enum><header>Information
Gathering</header><text>The Commission shall—</text>
<paragraph id="H6E0092D94D1340EBB1ECCB7A3AA43569"><enum>(1)</enum><text>conduct public
hearings on the abolishment of each agency reviewed under subsection
(b);</text>
</paragraph><paragraph id="H05AAE8741D55450282D73E904554E148"><enum>(2)</enum><text>provide an
opportunity for public comment on the abolishment of each such agency;</text>
</paragraph><paragraph id="H36E6B08E1D3E469DB734DB719161B253"><enum>(3)</enum><text>require the agency
to provide information to the Commission as appropriate; and</text>
</paragraph><paragraph id="H2164C866B2F244AF8CCB60A7493E4102"><enum>(4)</enum><text>consult with the
Government Accountability Office, the Office of Management and Budget, the
Congressional Budget Office, and the chairman and ranking minority members of
the committees of Congress with oversight responsibility for the agency being
reviewed regarding the operation of the agency.</text>
</paragraph></subsection><subsection id="HDA73F1D30CB54B3F8961CF4324D975C5"><enum>(e)</enum><header>Use of Program
Inventory</header><text>The Commission shall use the program inventory prepared
under section 9 in reviewing the efficiency and public need for each agency
under subsection (a).</text>
</subsection></section><section display-inline="no-display-inline" id="H42445DFB669347AA9932A96F8676258C" section-type="subsequent-section"><enum>404.</enum><header>Criteria for
review</header><text display-inline="no-display-inline">The Commission shall
evaluate the efficiency and public need for each agency pursuant to section 403
using the following criteria:</text>
<paragraph id="HCC6611887596410790BA30FB2BE3538D"><enum>(1)</enum><text>The effectiveness,
and the efficiency of the operation of, the programs carried out by each such
agency.</text>
</paragraph><paragraph id="H21281BA833184D088CE60C329092B640"><enum>(2)</enum><text>Whether the
programs carried out by the agency are cost effective.</text>
</paragraph><paragraph id="H5F37ADE8FFE143C58EB5659CEF8FC8E4"><enum>(3)</enum><text>Whether the agency
has acted outside the scope of its original authority, and whether the original
objectives of the agency have been achieved.</text>
</paragraph><paragraph id="H5CA42FF5AFAA4A5AA76C74189053B7D5"><enum>(4)</enum><text>Whether less
restrictive or alternative methods exist to carry out the functions of the
agency.</text>
</paragraph><paragraph id="H4D62D9AD97CD415DAEB3BD68A60BCDF3"><enum>(5)</enum><text>The extent to
which the jurisdiction of, and the programs administered by, the agency
duplicate or conflict with the jurisdiction and programs of other
agencies.</text>
</paragraph><paragraph id="H15480BCA2568432C9096404060475EDB"><enum>(6)</enum><text>The potential
benefits of consolidating programs administered by the agency with similar or
duplicative programs of other agencies, and the potential for consolidating
such programs.</text>
</paragraph><paragraph id="H911D8018F1D74535AA19E3C6BD5121C5"><enum>(7)</enum><text>The number and
types of beneficiaries or persons served by programs carried out by the
agency.</text>
</paragraph><paragraph id="H1EE04C66F5664CA9A6B0095D2DD77EC5"><enum>(8)</enum><text>The extent to
which any trends, developments, and emerging conditions that are likely to
affect the future nature and extent of the problems or needs that the programs
carried out by the agency are intended to address.</text>
</paragraph><paragraph id="H3D2DCA4F6FBE423EBBA893B76EB3361B"><enum>(9)</enum><text>The extent to
which the agency has complied with the provisions contained in the Government
Performance and Results Act of 1993 (Public Law 103–62; 107 Stat. 285).</text>
</paragraph><paragraph id="HCAF47A0841F04FBFB7DB5EDE38DD337D"><enum>(10)</enum><text>The promptness
and effectiveness with which the agency seeks public input and input from State
and local governments on the efficiency and effectiveness of the performance of
the functions of the agency.</text>
</paragraph><paragraph id="H315D5E3BC2154E24BA89A143E187E6A8"><enum>(11)</enum><text>Whether the
agency has worked to enact changes in the law that are intended to benefit the
public as a whole rather than the specific business, institution, or
individuals that the agency regulates.</text>
</paragraph><paragraph id="H519CFA4F61E44073B12AC68E8FED8A10"><enum>(12)</enum><text>The extent to
which the agency has encouraged participation by the public as a whole in
making its rules and decisions rather than encouraging participation solely by
those it regulates.</text>
</paragraph><paragraph id="H3EAA845F77124EA6843F9170C2917BCD"><enum>(13)</enum><text>The extent to
which the public participation in rulemaking and decision making of the agency
has resulted in rules and decisions compatible with the objectives of the
agency.</text>
</paragraph><paragraph id="HDC37C5575BB348EE89D21DDDD0F93F67"><enum>(14)</enum><text>The extent to
which the agency complies with section 552 of title 5, United States Code
(commonly known as the <quote>Freedom of Information Act</quote>).</text>
</paragraph><paragraph id="H7B7A60BA41F6490DBB5BA2F4883A4AAD"><enum>(15)</enum><text>The extent to
which the agency complies with equal employment opportunity requirements
regarding equal employment opportunity.</text>
</paragraph><paragraph id="HB9A33593B77E41CE82946E0A3770ECC4"><enum>(16)</enum><text>The extent of the
regulatory, privacy, and paperwork impacts of the programs carried out by the
agency.</text>
</paragraph><paragraph id="H2A6AA3E218C543D8A0F73FC42E973014"><enum>(17)</enum><text>The extent to
which the agency has coordinated with State and local governments in performing
the functions of the agency.</text>
</paragraph><paragraph id="HDB074DF61DC0420EB884FCE0D2774B44"><enum>(18)</enum><text>The potential
effects of abolishing the agency on State and local governments.</text>
</paragraph><paragraph id="H9B699EACFB4F453B925FC98710483683"><enum>(19)</enum><text>The extent to
which changes are necessary in the authorizing statutes of the agency in order
that the functions of the agency can be performed in the most efficient and
effective manner.</text>
</paragraph></section><section display-inline="no-display-inline" id="H74BFE05DD0904A5FA3958936497896DF" section-type="subsequent-section"><enum>405.</enum><header>Commission
oversight</header>
<subsection id="H596BA8AAE38440A1B9328259F6BFF5CD"><enum>(a)</enum><header>Monitoring of
Implementation of Recommendations</header><text>The Commission shall monitor
implementation of laws enacting provisions that incorporate recommendations of
the Commission with respect to abolishment or reorganization of
agencies.</text>
</subsection><subsection id="H6E35BDC2F363482C9F4B9411FE65C77A"><enum>(b)</enum><header>Monitoring of
Other Relevant Legislation</header>
<paragraph id="H36DC38B0615046659D791AA9A87F4659"><enum>(1)</enum><header>In
general</header><text>The Commission shall review and report to Congress on all
legislation introduced in either house of Congress that establishes—</text>
<subparagraph id="H65221D60D96B4AC7BD9601D630CE3A57"><enum>(A)</enum><text>a new agency;
or</text>
</subparagraph><subparagraph id="H31D51D0B0ADE48E2A801A6BA126A882C"><enum>(B)</enum><text>a new program to
be carried out by an existing agency.</text>
</subparagraph></paragraph><paragraph id="H596D58F054FC49F7B915F32532F3A097"><enum>(2)</enum><header>Report to
Congress</header><text>The Commission shall include in each report submitted to
Congress under paragraph (1) an analysis of whether—</text>
<subparagraph id="HEC696FDF6AA549AC9F25D2309414A15A"><enum>(A)</enum><text>the functions of
the proposed agency or program could be carried out by one or more existing
agencies;</text>
</subparagraph><subparagraph id="H1F0C4B7D407346029AE148AC5837B197"><enum>(B)</enum><text>the functions of
the proposed agency or program could be carried out in a less restrictive
manner than the manner proposed in the legislation; and</text>
</subparagraph><subparagraph id="HDF0858DC09F44520B26FD2C19CF93DE9"><enum>(C)</enum><text>the legislation
provides for public input regarding the performance of functions by the
proposed agency or program.</text>
</subparagraph></paragraph></subsection></section><section display-inline="no-display-inline" id="HA2B51D984147456E9F39BDECDD51D7AE" section-type="subsequent-section"><enum>406.</enum><header>Rulemaking
authority</header><text display-inline="no-display-inline">The Commission may
promulgate such rules as necessary to carry out this subtitle.</text>
</section><section id="H2406A3E4D594420A8746EB26912D19FB"><enum>407.</enum><header>Relocation of
Federal employees</header><text display-inline="no-display-inline">If the
position of an employee of an agency is eliminated as a result of the
abolishment of an agency in accordance with this subtitle, there shall be a
reasonable effort to relocate such employee to a position within another
agency.</text>
</section><section id="H6D2D95816D904C6C88714E0DB4D651C0"><enum>408.</enum><header>Program
inventory</header>
<subsection id="HBB74FBA82E864D04BF5F2ECE8BC09698"><enum>(a)</enum><header>Preparation</header><text>The
Comptroller General and the Director of the Congressional Budget Office, in
cooperation with the Director of the Congressional Research Service, shall
prepare an inventory of Federal programs (in this subtitle referred to as the
<quote>program inventory</quote>) within each agency.</text>
</subsection><subsection id="H406C94FE1DCF498790B6D6495D0F6EC8"><enum>(b)</enum><header>Purpose</header><text>The
purpose of the program inventory is to advise and assist the Congress and the
Commission in carrying out the requirements of this subtitle. Such inventory
shall not in any way bind the committees of the Senate or the House of
Representatives with respect to their responsibilities under this subtitle and
shall not infringe on the legislative and oversight responsibilities of such
committees. The Comptroller General shall compile and maintain the inventory
and the Director of the Congressional Budget Office shall provide budgetary
information for inclusion in the inventory.</text>
</subsection><subsection id="HDECB455E64BE4F09A0ABBDD48E205B1B"><enum>(c)</enum><header>Inventory
Content</header><text>The program inventory shall set forth for each program
each of the following matters:</text>
<paragraph id="H3FE1604C75AD44DF8E47BD08E10E475F"><enum>(1)</enum><text>The specific
provision or provisions of law authorizing the program.</text>
</paragraph><paragraph id="HAFF7F62ED01D4917B0E3E02AB6891F67"><enum>(2)</enum><text>The committees of
the Senate and the House of Representatives which have legislative or oversight
jurisdiction over the program.</text>
</paragraph><paragraph id="H2F8B8A9C9D3E4436B6CDBC72947DF825"><enum>(3)</enum><text>A
brief statement of the purpose or purposes to be achieved by the
program.</text>
</paragraph><paragraph id="H240CD5C486294293A529242CF521E8FD"><enum>(4)</enum><text>The committees
which have jurisdiction over legislation providing new budget authority for the
program, including the appropriate subcommittees of the Committees on
Appropriations of the Senate and the House of Representatives.</text>
</paragraph><paragraph id="H1D859A2C781548D685885800BB94F40A"><enum>(5)</enum><text>The agency and, if
applicable, the subdivision thereof responsible for administering the
program.</text>
</paragraph><paragraph id="H50A7B628E5EB4586B957646D8267B82F"><enum>(6)</enum><text>The grants-in-aid,
if any, provided by such program to State and local governments.</text>
</paragraph><paragraph id="H9FD042AF061A4F05A035AC31D22C1842"><enum>(7)</enum><text>The next
reauthorization date for the program.</text>
</paragraph><paragraph id="H131D5916F77549D7B3C0CF758CFC78CA"><enum>(8)</enum><text>A
unique identification number which links the program and functional category
structure.</text>
</paragraph><paragraph id="H4BBE3AB80115467EA5A57B1D2816521B"><enum>(9)</enum><text>The year in which
the program was originally established and, where applicable, the year in which
the program expires.</text>
</paragraph><paragraph id="H07BB9D0C3F44452B93C893A40C9FC98D"><enum>(10)</enum><text>Where applicable,
the year in which new budget authority for the program was last authorized and
the year in which current authorizations of new budget authority expire.</text>
</paragraph></subsection><subsection id="H9893F0DBD91C474B939E42EEA73B5591"><enum>(d)</enum><header>Budget
Authority</header><text>The report also shall set forth for each program
whether the new budget authority provided for such programs is—</text>
<paragraph id="H757C5162E4E645449CF4AF6DC998B0E4"><enum>(1)</enum><text>authorized for a
definite period of time;</text>
</paragraph><paragraph id="HEC31967B986D49478C5FAEA14DD4D006"><enum>(2)</enum><text>authorized in a
specific dollar amount but without limit of time;</text>
</paragraph><paragraph id="HBD5CC9D65FA346FB87554FCCDFEBC248"><enum>(3)</enum><text>authorized without
limit of time or dollar amounts;</text>
</paragraph><paragraph id="H19EB498B21D04D30BB5580F57B0EA86C"><enum>(4)</enum><text>not specifically
authorized; or</text>
</paragraph><paragraph id="H5CF6CE14865D40C494CDB461FAD9BF51"><enum>(5)</enum><text>permanently
provided,</text>
</paragraph><continuation-text continuation-text-level="subsection">as
determined by the Director of the Congressional Budget Office.</continuation-text></subsection><subsection id="H086EB2741D674DB1AF0540354C1F58CA"><enum>(e)</enum><header>CBO
Information</header><text>For each program or group of programs, the program
inventory also shall include information prepared by the Director of the
Congressional Budget Office indicating each of the following matters:</text>
<paragraph id="HF162177E850A41BBA0BF530C7BDE2D5F"><enum>(1)</enum><text>The amounts of new
budget authority authorized and provided for the program for each of the
preceding four fiscal years and, where applicable, the four succeeding fiscal
years.</text>
</paragraph><paragraph id="H037110A88FC24E4A931C238E863775B4"><enum>(2)</enum><text>The functional and
subfunctional category in which the program is presently classified and was
classified under the fiscal year 2010 budget.</text>
</paragraph><paragraph id="H08465E7EDAD2402B8DBA62BE2429354F"><enum>(3)</enum><text>The identification
code and title of the appropriation account in which budget authority is
provided for the program.</text>
</paragraph></subsection><subsection id="HFF6DF4D083B944A6A7A2C126FB6B517E"><enum>(f)</enum><header>Mutual Exchange
of Information</header><text>The Government Accountability Office, the
Congressional Research Service, and the Congressional Budget Office shall
permit the mutual exchange of available information in their possession which
aids in the compilation of the program inventory.</text>
</subsection><subsection id="H7819626856B54F4CA9D6D7F56973A0BA"><enum>(g)</enum><header>Assistance by
Executive Branch</header><text>The Office of Management and Budget, and the
Executive agencies and the subdivisions thereof shall, to the extent necessary
and possible, provide the Government Accountability Office with assistance
requested by the Comptroller General in the compilation of the program
inventory.</text>
</subsection></section><section display-inline="no-display-inline" id="H906D10B6F58941DEA20F33B4AD4164BD" section-type="subsequent-section"><enum>409.</enum><header>Definition of
agency</header><text display-inline="no-display-inline">As used in this
subtitle, the term <term>agency</term> has the meaning given that term by
section 105 of title 5, United States Code, except that such term includes an
advisory committee as that term is defined in section 102(2) of the
<act-name parsable-cite="FACA">Federal Advisory Committee
Act</act-name>.</text>
</section></subtitle><subtitle id="H7A2AF237844B4ECA9FAB90A30EA6CFE9"><enum>B</enum><header>Legislative
Line-Item Veto</header>
<section id="H80A3A7F26ABB4267B1C82090EAA59D82"><enum>410.</enum><header>Short
title</header><text display-inline="no-display-inline">This subtitle may be
cited as the <quote><short-title>Legislative Line-Item
Veto Act of 2009</short-title></quote>.</text>
</section><section id="H93042561EC0D416C9C4C71942499DBCB"><enum>411.</enum><header>Legislative
line-item veto</header>
<subsection id="HFCA3FB16045447D28ED69C5EB7C215CE"><enum>(a)</enum><header>In
General</header><text>Title X of the Congressional Budget and Impoundment
Control Act of 1974 (2 U.S.C. 621 et seq.) is amended by striking all of part B
(except for sections 1016 and 1013, which are redesignated as sections 1020 and
1021, respectively) and part C and inserting the following:</text>
<quoted-block id="H3B4FE9B9ED604C36AADAF576FD91A31D" style="traditional">
<part id="H84F6628587264FCA9670E38B0E39DF9C"><enum>B</enum><header>Legislative
Line-Item Veto</header>
<section id="H480E63CE315E49B5A5F823CC4D9FE6DB"><enum>1011.</enum><header>Line-item veto authority</header><subsection commented="no" display-inline="yes-display-inline" id="HEC80A40C2A0747ACA6D63256EB269160"><enum>(a)</enum><header>Proposed
Cancellations</header><text>Within 45 calendar days after the enactment of any
bill or joint resolution providing any discretionary budget authority, item of
direct spending, limited tariff benefit, or targeted tax benefit, the President
may propose, in the manner provided in subsection (b), the cancellation of any
dollar amount of such discretionary budget authority, item of direct spending,
or targeted tax benefit. If the 45 calendar-day period expires during a period
where either House of Congress stands adjourned sine die at the end of a
Congress or for a period greater than 45 calendar days, the President may
propose a cancellation under this section and transmit a special message under
subsection (b) on the first calendar day of session following such a period of
adjournment.</text>
</subsection><subsection id="H4E9DEF2283C546F9A1772E7EB20E715E"><enum>(b)</enum><header>Transmittal of
Special Message</header>
<paragraph id="HA9FF08FED89A400B9DEE1BE3857D2AE3"><enum>(1)</enum><header>Special
message</header>
<subparagraph id="H0E51DB64FE2E494F932AC181D8757473"><enum>(A)</enum><header>In
general</header><text>The President may transmit to the Congress a special
message proposing to cancel any dollar amounts of discretionary budget
authority, items of direct spending, limited tariff benefits, or targeted tax
benefits.</text>
</subparagraph><subparagraph id="H0D7402BB0F49470E8B63504909A415A3"><enum>(B)</enum><header>Contents of
special message</header><text>Each special message shall specify, with respect
to the discretionary budget authority, items of direct spending proposed,
limited tariff benefits, or targeted tax benefits to be canceled—</text>
<clause id="HCCDDB4349CD34AE29C9F341CDE07FB59"><enum>(i)</enum><text>the dollar amount
of discretionary budget authority, the specific item of direct spending (that
OMB, after consultation with CBO, estimates to increase budget authority or
outlays as required by section 1017(9)), the limited tariff benefit, or the
targeted tax benefit that the President proposes be canceled;</text>
</clause><clause id="H20E06EE99035447EB96F58072AC3E7E5"><enum>(ii)</enum><text>any account,
department, or establishment of the Government to which such discretionary
budget authority is available for obligation, and the specific project or
governmental functions involved;</text>
</clause><clause id="H27DE4BD0FF07452DB7E87520BAE0C120"><enum>(iii)</enum><text>the reasons why
such discretionary budget authority, item of direct spending, limited tariff
benefit, or targeted tax benefit should be canceled;</text>
</clause><clause id="HD6D1E00286404D85B850C1261D337212"><enum>(iv)</enum><text>to the maximum
extent practicable, the estimated fiscal, economic, and budgetary effect
(including the effect on outlays and receipts in each fiscal year) of the
proposed cancellation;</text>
</clause><clause id="H00CB917F70234B7D9D054E888BD34E60"><enum>(v)</enum><text>to
the maximum extent practicable, all facts, circumstances, and considerations
relating to or bearing upon the proposed cancellation and the decision to
propose the cancellation, and the estimated effect of the proposed cancellation
upon the objects, purposes, or programs for which the discretionary budget
authority, item of direct spending, limited tariff benefit, or the targeted tax
benefit is provided;</text>
</clause><clause id="HF6CD4318F5EC4ADA97D0B34AC07C9AEB"><enum>(vi)</enum><text>a
numbered list of cancellations to be included in an approval bill that, if
enacted, cancels discretionary budget authority, items of direct spending,
limited tariff benefit, or targeted tax benefits proposed in that special
message; and</text>
</clause><clause id="H784A97E9A3F648F690BAAEE7EC61EECC"><enum>(vii)</enum><text>if the special
message is transmitted subsequent to or at the same time as another special
message, a detailed explanation why the proposed cancellations are not
substantially similar to any other proposed cancellation in such other
message.</text>
</clause></subparagraph><subparagraph id="H171B6CB096E54C1AA5FA2D3F88767A99"><enum>(C)</enum><header>Duplicative
proposals prohibited</header><text>The President may not propose to cancel the
same or substantially similar discretionary budget authority, item of direct
spending, limited tariff benefit, or targeted tax benefit more than one time
under this Act.</text>
</subparagraph><subparagraph id="HBC088C068DDF48A5AE26BA94BCEA9CEA"><enum>(D)</enum><header>Maximum number
of special messages</header><text>The President may not transmit to the
Congress more than 5 special messages under this subsection related to any bill
or joint resolution described in subsection (a), but may transmit not more than
10 special messages for any omnibus budget reconciliation or appropriation
measure.</text>
</subparagraph></paragraph><paragraph id="H418C7EFE323747FCA2824F72CDA48522"><enum>(2)</enum><header>Enactment of
approval bill</header>
<subparagraph id="HAE5C90B3704A4E078D440D1C7CFDE68D"><enum>(A)</enum><header>Deficit
reduction</header><text>Amounts of budget authority, items of direct spending,
limited tariff benefit, or targeted tax benefits which are canceled pursuant to
enactment of a bill as provided under this section shall be dedicated only to
reducing the deficit or increasing the surplus.</text>
</subparagraph><subparagraph id="H19B4FCFF7D83487186F083DC43F1B063"><enum>(B)</enum><header>Adjustment of
levels in the joint resolution on the budget</header><text>Not later than 5
days after the date of enactment of an approval bill as provided under this
section, the chairs of the Committees on the Budget of the Senate and the House
of Representatives shall revise allocations and aggregates and other
appropriate levels under the appropriate joint resolution on the budget to
reflect the cancellation, and the applicable committees shall report revised
suballocations pursuant to section 302(b), as appropriate.</text>
</subparagraph><subparagraph id="H3B10637799E046CC93BD19717F94BED4"><enum>(C)</enum><header>Adjustments to
statutory limits</header><text>After enactment of an approval bill as provided
under this section, the Office of Management and Budget shall revise applicable
limits under the Balanced Budget and Emergency Deficit Control Act of 1985, as
appropriate.</text>
</subparagraph><subparagraph id="H756E629802034478A1AC1C9B6DF6E2EE"><enum>(D)</enum><header>Trust funds and
special funds</header><text>Notwithstanding subparagraph (A), nothing in this
part shall be construed to require or allow the deposit of amounts derived from
a trust fund or special fund which are canceled pursuant to enactment of a bill
as provided under this section to any other fund.</text>
</subparagraph></paragraph></subsection></section><section id="HDC814D0502F347469B2943152F46B687"><enum>1012.</enum><header>Procedures for expedited
consideration</header><subsection commented="no" display-inline="yes-display-inline" id="HD0E0EFEF0C1344DEB3E778B8B2DD147A"><enum>(a)</enum><header>Expedited
Consideration</header>
<paragraph id="H60C94BA9B1DE4C2495D0E54FF76DC966"><enum>(1)</enum><header>In
general</header><text>The majority leader or minority leader of each House or
his designee shall (by request) introduce an approval bill as defined in
section 1017 not later than the third day of session of that House after the
date of receipt of a special message transmitted to the Congress under section
1011(b). If the bill is not introduced as provided in the preceding sentence in
either House, then, on the fourth day of session of that House after the date
of receipt of the special message, any Member of that House may introduce the
bill.</text>
</paragraph><paragraph id="H8554ADB3D94648268D9C5C53E810C981"><enum>(2)</enum><header>Consideration in
the House of Representatives</header>
<subparagraph id="H2AAFDC09D70F42B5AAB2FDDED2D45737"><enum>(A)</enum><header>Referral and
reporting</header><text>Any committee of the House of Representatives to which
an approval bill is referred shall report it to the House of Representatives
without amendment not later than the seventh legislative day after the date of
its introduction. If a committee fails to report the bill within that period or
the House of Representatives has adopted a joint resolution providing for
adjournment sine die at the end of a Congress, such committee shall be
automatically discharged from further consideration of the bill and it shall be
placed on the appropriate calendar.</text>
</subparagraph><subparagraph id="H9051FF0068B64D5DADA6E4984F790C79"><enum>(B)</enum><header>Proceeding to
consideration</header><text>After an approval bill is reported by or discharged
from committee or the House of Representatives has adopted a joint resolution
providing for adjournment sine die at the end of a Congress, it shall be in
order to move to proceed to consider the approval bill in the House of
Representatives within two legislative days after the day on which the
proponent announces his intention to offer the motion. Such a motion shall not
be in order after the House of Representatives has disposed of a motion to
proceed with respect to that special message. The previous question shall be
considered as ordered on the motion to its adoption without intervening motion.
A motion to reconsider the vote by which the motion is disposed of shall not be
in order.</text>
</subparagraph><subparagraph id="HE67C46D24349478692758FD2FD7407D5"><enum>(C)</enum><header>Consideration</header><text>The
approval bill shall be considered as read. All points of order against an
approval bill and against its consideration are waived. The previous question
shall be considered as ordered on an approval bill to its passage without
intervening motion except five hours of debate equally divided and controlled
by the proponent and an opponent and one motion to limit debate on the bill. A
motion to reconsider the vote on passage of the bill shall not be in
order.</text>
</subparagraph><subparagraph id="HB4EA62948059489B899C62170B412C45"><enum>(D)</enum><header>Senate
bill</header><text>An approval bill received from the Senate shall not be
referred to committee.</text>
</subparagraph></paragraph><paragraph id="HF0DEF4B35AA3446BAD879B0FA33778F6"><enum>(3)</enum><header>Consideration in
the Senate</header>
<subparagraph id="HC6FBA407DC574C678CB60794A0F308DA"><enum>(A)</enum><header>Motion to
proceed to consideration</header><text>A motion to proceed to the consideration
of a bill under this subsection in the Senate shall not be debatable. It shall
not be in order to move to reconsider the vote by which the motion to proceed
is agreed to or disagreed to.</text>
</subparagraph><subparagraph id="HD093336748F94D1C9B895B80245BC7A7"><enum>(B)</enum><header>Limits on
debate</header><text>Debate in the Senate on a bill under this subsection, and
all debatable motions and appeals in connection therewith (including debate
pursuant to subparagraph (D)), shall not exceed 10 hours, equally divided and
controlled in the usual form.</text>
</subparagraph><subparagraph id="HCEA4AF3107F74A31963945FE35E6E09C"><enum>(C)</enum><header>Appeals</header><text>Debate
in the Senate on any debatable motion or appeal in connection with a bill under
this subsection shall be limited to not more than 1 hour, to be equally divided
and controlled in the usual form.</text>
</subparagraph><subparagraph id="H50E861D53ADF4A8CADD9CF454A47ADCE"><enum>(D)</enum><header>Motion to limit
debate</header><text>A motion in the Senate to further limit debate on a bill
under this subsection is not debatable.</text>
</subparagraph><subparagraph id="H9394141823A94BDE8B8144920BD31AEE"><enum>(E)</enum><header>Motion to
recommit</header><text>A motion to recommit a bill under this subsection is not
in order.</text>
</subparagraph><subparagraph id="H74C661DBA96545EAA6C4AE868CEE9781"><enum>(F)</enum><header>Consideration of
the House of Representatives bill</header>
<clause id="H1E31C92AEB21461B8FF41BA13D043332"><enum>(i)</enum><header>In
general</header><text>If the Senate has received the House of Representatives
companion bill to the bill introduced in the Senate prior to the vote required
under paragraph (1)(C), then the Senate may consider, and the vote under
paragraph (1)(c) may occur on, the House of Representatives companion
bill.</text>
</clause><clause id="H5728BF02ADD64DD5A80DF382DD261F13"><enum>(ii)</enum><header>Procedure after
vote on senate bill</header><text>If the Senate votes, pursuant to paragraph
(1)(C), on the bill introduced in the Senate, then immediately following that
vote, or upon receipt of the House of Representatives companion bill, the House
of Representatives bill shall be deemed to be considered, read the third time,
and the vote on passage of the Senate bill shall be considered to be the vote
on the bill received from the House of Representatives.</text>
</clause></subparagraph></paragraph></subsection><subsection id="HED3A4410A25F468FA4575C1A877BACA7"><enum>(b)</enum><header>Amendments
Prohibited</header><text display-inline="yes-display-inline">No amendment to,
or motion to strike a provision from, a bill considered under this section
shall be in order in either the Senate or the House of Representatives.</text>
</subsection></section><section display-inline="no-display-inline" id="H7D0D0695DBBB4103A41EC7A825401442" section-type="subsequent-section"><enum>1013.</enum><header>Presidential deferral
authority</header><subsection commented="no" display-inline="yes-display-inline" id="H551A68FC8D5C4A05981AF5C2ACDC8129"><enum>(a)</enum><header>Temporary Presidential
Authority To Withhold Discretionary Budget Authority</header>
<paragraph id="HC1EAC53A12C8414E87F4242ED8C793EB"><enum>(1)</enum><header>In
general</header><text>At the same time as the President transmits to the
Congress a special message pursuant to section 1011(b), the President may
direct that any dollar amount of discretionary budget authority to be canceled
in that special message shall not be made available for obligation for a period
not to exceed 45 calendar days from the date the President transmits the
special message to the Congress.</text>
</paragraph><paragraph id="H6879B3B55F854F91B60C2356997A5222"><enum>(2)</enum><header>Early
availability</header><text>The President shall make any dollar amount of
discretionary budget authority deferred pursuant to paragraph (1) available at
a time earlier than the time specified if he determines that continuation of
the deferral not further the purposes of this Act.</text>
</paragraph></subsection><subsection id="H73B2A92DF4314887962EF572E94313C2"><enum>(b)</enum><header>Temporary
Presidential Authority To Suspend Direct Spending</header>
<paragraph id="H43446145ED5943F8B5266CE0F8AED8AF"><enum>(1)</enum><header>In
general</header><text>At the same time as the President transmits to the
Congress a special message pursuant to section 1011(b), the President may
suspend the implementation of any item of direct spending proposed to be
canceled in that special message for a period not to exceed 45 calendar days
from the date the President transmits the special message to the
Congress.</text>
</paragraph><paragraph id="H67B1A41A61094E41A66308185104BE3C"><enum>(2)</enum><header>Early
availability</header><text>The President shall terminate the suspension of any
item of direct spending at a time earlier than the time specified if he
determines that continuation of the suspension will not further the purposes of
this Act.</text>
</paragraph></subsection><subsection id="H7A409AFCA65D43688581D3EE2917B7DF"><enum>(c)</enum><header>Temporary
Presidential Authority To Suspend a Limited Tariff Benefit</header>
<paragraph id="H172ACB94FED849C28E6C0D108AAFBB34"><enum>(1)</enum><header>In
general</header><text>At the same time as the President transmits to the
Congress a special message pursuant to section 1011(b), the President may
suspend the implementation of any limited tariff benefit proposed to be
canceled in that special message for a period not to exceed 45 calendar days
from the date the President transmits the special message to the
Congress.</text>
</paragraph><paragraph id="HE55A5AD717374430A81792C628FAF259"><enum>(2)</enum><header>Early
availability</header><text>The President shall terminate the suspension of any
limited tariff benefit at a time earlier than the time specified if he
determines that continuation of the suspension will not further the purposes of
this Act.</text>
</paragraph></subsection><subsection id="HC28A05CBF2774DB3A957E238F2A3C045"><enum>(d)</enum><header>Temporary
Presidential Authority To Suspend a Targeted Tax Benefit</header>
<paragraph id="H757C19BAB9A14E9ABD624C65DF48FEF3"><enum>(1)</enum><header>In
general</header><text>At the same time as the President transmits to the
Congress a special message pursuant to section 1011(b), the President may
suspend the implementation of any targeted tax benefit proposed to be repealed
in that special message for a period not to exceed 45 calendar days from the
date the President transmits the special message to the Congress.</text>
</paragraph><paragraph id="H1A4AF239F0934D37869F126764410397"><enum>(2)</enum><header>Early
availability</header><text>The President shall terminate the suspension of any
targeted tax benefit at a time earlier than the time specified if he determines
that continuation of the suspension will not further the purposes of this
Act.</text>
</paragraph></subsection><subsection id="HDE09A83F4036460097AF92A914311C89"><enum>(e)</enum><header>Extension of
45-Day Period</header><text>The President may transmit to the Congress not more
than one supplemental special message to extend the period to suspend the
implementation of any discretionary budget authority, item of direct spending,
limited tariff benefit, or targeted tax benefit, as applicable, by an
additional 45 calendar days. Any such supplemental message may not be
transmitted to the Congress before the 40th day of the 45-day period set forth
in the preceding message or later than the last day of such period.</text>
</subsection></section><section display-inline="no-display-inline" id="H731B760F22B94809A3544578A7BC0904" section-type="subsequent-section"><enum>1014.</enum><header>Identification of targeted tax
benefits</header><subsection commented="no" display-inline="yes-display-inline" id="HD51615123CED4306A1C040EFCDFE858A"><enum>(a)</enum><header>Statement</header><text>The
chairman of the Committee on Ways and Means of the House of Representatives and
the chairman of the Committee on Finance of the Senate acting jointly
(hereafter in this subsection referred to as the <term>chairmen</term>) shall
review any revenue or reconciliation bill or joint resolution which includes
any amendment to the Internal Revenue Code of 1986 that is being prepared for
filing by a committee of conference of the two Houses, and shall identify
whether such bill or joint resolution contains any targeted tax benefits. The
chairmen shall provide to the committee of conference a statement identifying
any such targeted tax benefits or declaring that the bill or joint resolution
does not contain any targeted tax benefits. Any such statement shall be made
available to any Member of Congress by the chairmen immediately upon
request.</text>
</subsection><subsection id="H46A986EB6BF14E0CB877A67EFE3E5F4B"><enum>(b)</enum><header>Statement
Included in Legislation</header>
<paragraph id="H37E4C2CE991640D884E389625475D308"><enum>(1)</enum><header>In
general</header><text>Notwithstanding any other rule of the House of
Representatives or any rule or precedent of the Senate, any revenue or
reconciliation bill or joint resolution which includes any amendment to the
Internal Revenue Code of 1986 reported by a committee of conference of the two
Houses may include, as a separate section of such bill or joint resolution, the
information contained in the statement of the chairmen, but only in the manner
set forth in paragraph (2).</text>
</paragraph><paragraph id="H727117101481405CB42DBE14B283D792"><enum>(2)</enum><header>Applicability</header><text>The
separate section permitted under subparagraph (A) shall read as follows:
<quote>Section 1021 of the Congressional Budget and Impoundment Control Act of
1974 shall ______ apply to ________.</quote>, with the blank spaces being
filled in with—</text>
<subparagraph id="H7C6BC5FA7CE24A68A29517D07606ACE7"><enum>(A)</enum><text>in any case in
which the chairmen identify targeted tax benefits in the statement required
under subsection (a), the word <quote>only</quote> in the first blank space and
a list of all of the specific provisions of the bill or joint resolution in the
second blank space; or</text>
</subparagraph><subparagraph id="HAC7A9CCD7B264BD18AF4A63CC8B4AD3B"><enum>(B)</enum><text>in any case in
which the chairmen declare that there are no targeted tax benefits in the
statement required under subsection (a), the word <quote>not</quote> in the
first blank space and the phrase <quote>any provision of this Act</quote> in
the second blank space.</text>
</subparagraph></paragraph></subsection><subsection id="H96F8373337F344358EDF9771DB7FC0BA"><enum>(c)</enum><header>Identification
in Revenue Estimate</header><text>With respect to any revenue or reconciliation
bill or joint resolution with respect to which the chairmen provide a statement
under subsection (a), the Joint Committee on Taxation shall—</text>
<paragraph id="H062F5932B6A14B57A50BDD6DB9655B89"><enum>(1)</enum><text>in the case of a
statement described in subsection (b)(2)(A), list the targeted tax benefits in
any revenue estimate prepared by the Joint Committee on Taxation for any
conference report which accompanies such bill or joint resolution, or</text>
</paragraph><paragraph id="H6F659298F51B420FB362B683E964C403"><enum>(2)</enum><text>in the case of a
statement described in 13 subsection (b)(2)(B), indicate in such revenue
estimate that no provision in such bill or joint resolution has been identified
as a targeted tax benefit.</text>
</paragraph></subsection><subsection id="H8DA75EEAE5324DB982FF28D1C8627935"><enum>(d)</enum><header>President’s
Authority</header><text>If any revenue or reconciliation bill or joint
resolution is signed into law—</text>
<paragraph id="HA9D7DA849EB1427FBADB43AE4B08E530"><enum>(1)</enum><text>with a separate
section described in subsection (b)(2), then the President may use the
authority granted in this section only with respect to any targeted tax benefit
in that law, if any, identified in such separate section; or</text>
</paragraph><paragraph id="HC96B34C41CED48D6B18A062ADD132E50"><enum>(2)</enum><text>without a separate
section described in subsection (b)(2), then the President may use the
authority granted in this section with respect to any targeted tax benefit in
that law.</text>
</paragraph></subsection></section><section id="H0AA254E2808442DB8F5FBD7D10246BC6"><enum>1015.</enum><header>Treatment of
cancellations</header><text display-inline="yes-display-inline">The cancellation of any dollar amount of
discretionary budget authority, item of direct spending, limited tariff
benefit, or targeted tax benefit shall take effect only upon enactment of the
applicable approval bill. If an approval bill is not enacted into law before
the end of the applicable period under section 1013, then all proposed
cancellations contained in that bill shall be null and void and any such dollar
amount of discretionary budget authority, item of direct spending, limited
tariff benefit, or targeted tax benefit shall be effective as of the original
date provided in the law to which the proposed cancellations applied.</text>
</section><section id="HAFAE49DFFD1743F9BDE7668CCDDC87A9"><enum>1016.</enum><header>Reports by Comptroller
General</header><text display-inline="yes-display-inline">With respect to each special message under
this part, the Comptroller General shall issue to the Congress a report
determining whether any discretionary budget authority is not made available
for obligation or item of direct spending, limited tariff benefit, or targeted
tax benefit continues to be suspended after the deferral authority set forth in
section 1013 of the President has expired.</text>
</section><section id="H0ACD4B8F47224D14A51D0F80C9B98024"><enum>1017.</enum><header>Definitions</header><text display-inline="yes-display-inline">As used in this part:</text>
<paragraph id="H7675D25F672B4B608A5A745BE5F7762E"><enum>(1)</enum><header>Appropriation
law</header><text>The term <term>appropriation law</term> means an Act referred
to in section 105 of title 1, United States Code, including any general or
special appropriation Act, or any Act making supplemental, deficiency, or
continuing appropriations, that has been signed into law pursuant to Article I,
section 7, of the Constitution of the United States.</text>
</paragraph><paragraph id="HA7472761A1E7408BA9D83CE8E4103733"><enum>(2)</enum><header>Approval
bill</header><text>The term <term>approval bill</term> means a bill or joint
resolution which only approves proposed cancellations of dollar amounts of
discretionary budget authority, items of new direct spending, limited tariff
benefits, or targeted tax benefits in a special message transmitted by the
President under this part and—</text>
<subparagraph id="H3EFD5CFAFE334069998FBF61810E35D6"><enum>(A)</enum><text>the title of which
is as follows: <quote>A bill approving the proposed cancellations transmitted
by the President on ___</quote>, the blank space being filled in with the date
of transmission of the relevant special message and the public law number to
which the message relates;</text>
</subparagraph><subparagraph id="H4F2E9607E33C49F68159AE4EC0DD1B01"><enum>(B)</enum><text>which does not
have a preamble; and</text>
</subparagraph><subparagraph id="H9A73B3A982D14CE2943375DCC694F4B7"><enum>(C)</enum><text>which provides
only the following after the enacting clause: <quote>That the Congress approves
of proposed cancellations ___</quote>, the blank space being filled in with a
list of the cancellations contained in the President’s special message,
<quote>as transmitted by the President in a special message on ____</quote>,
the blank space being filled in with the appropriate date, <quote>regarding
____.</quote>, the blank space being filled in with the public law number to
which the special message relates;</text>
</subparagraph><subparagraph id="H1C5838CC92E44410B989023FCD4EFC99"><enum>(D)</enum><text>which only
includes proposed cancellations that are estimated by CBO to meet the
definition of discretionary budgetary authority or items of direct spending, or
limited tariff benefits, or that are identified as targeted tax benefits
pursuant to section 1014;</text>
</subparagraph><subparagraph id="H6760FDC96016486B995764236328DFD3"><enum>(E)</enum><text display-inline="yes-display-inline">if any proposed cancellation other than
discretionary budget authority or targeted tax benefits is estimated by CBO to
not meet the definition of item of direct spending, then the approval bill
shall include at the end: <quote>The President shall cease the suspension of
the implementation of the following under section 1013 of the Impoundment
Control Act of 1974: _____</quote>, the blank space being filled in with the
list of such proposed cancellations; and</text>
</subparagraph><subparagraph id="HFA51FFEE2BCC45D2AAB66A02B5B48517"><enum>(F)</enum><text>if no CBO estimate
is available, then the entire list of legislative provisions proposed by the
President is inserted in the second blank space in subparagraph (C).</text>
</subparagraph></paragraph><paragraph id="H5A76952888B441CE848DB9312B3944AA"><enum>(3)</enum><header>Calendar
day</header><text>The term <term>calendar day</term> means a standard 24-hour
period beginning at midnight.</text>
</paragraph><paragraph id="H89B0D132C15B41538FBB9B24C766C1AA"><enum>(4)</enum><header>Cancel or
cancellation</header><text>The terms <term>cancel</term> or
<term>cancellation</term> means to prevent—</text>
<subparagraph id="HBEC3219FEE0D4F4F8CC81DE273C1643C"><enum>(A)</enum><text>budget authority
from having legal force or effect;</text>
</subparagraph><subparagraph id="H4546DAE58F18472382052A9D940269D4"><enum>(B)</enum><text>in the case of
entitlement authority, to prevent the specific legal obligation of the United
States from having legal force or effect;</text>
</subparagraph><subparagraph id="H9757BB0E03A14EDD99CDCCCF3834C1A8"><enum>(C)</enum><text>in the case of the
food stamp program, to prevent the specific provision of law that provides such
benefit from having legal force or effect; or</text>
</subparagraph><subparagraph id="HF04F38A0E2FE454786977215C8FDC52D"><enum>(D)</enum><text>a limited tariff
benefit from having legal force or effect, and to make any necessary,
conforming statutory change to ensure that such limited tariff benefit is not
implemented; or</text>
</subparagraph><subparagraph id="H9816B4342DB44C63B6AB79FE85A195D4"><enum>(E)</enum><text>a targeted tax
benefit from having legal force or effect, and to make any necessary,
conforming statutory change to ensure that such targeted tax benefit is not
implemented and that any budgetary resources are appropriately canceled.</text>
</subparagraph></paragraph><paragraph id="H10415F5EF4BA4A7DB30C00C625FD7311"><enum>(5)</enum><header>Congressional
Budget Office</header><text>The term <term>CBO</term> means the Director of the
Congressional Budget Office.</text>
</paragraph><paragraph id="HF4602A519E584465AC9B38637B8EE6B7"><enum>(6)</enum><header>Direct
spending</header><text>The term <term>direct spending</term> means—</text>
<subparagraph id="HF41CA8A8405746FBAD80602666AF1327"><enum>(A)</enum><text>budget authority
provided by law (other than an appropriation law);</text>
</subparagraph><subparagraph id="H6EAF516D29E74C73B084C53BA1297E78"><enum>(B)</enum><text>entitlement
authority; and</text>
</subparagraph><subparagraph id="HBCBB8EB0401347E3B633867BB8F6D046"><enum>(C)</enum><text>the food stamp
program.</text>
</subparagraph></paragraph><paragraph id="HC4184CB7516C4E23B6871149C73F49D5"><enum>(7)</enum><header>Amount of
discretionary budget authority</header><subparagraph commented="no" display-inline="yes-display-inline" id="HF3D6AF46BCE9436384D57329BEA1D5F7"><enum>(A)</enum><text>Except as provided in
subparagraph (B), the term <term>dollar amount of discretionary budget
authority</term> means the entire dollar amount of budget authority—</text>
<clause id="HC8304C5FB5F44CE9B523B9A13F22672B"><enum>(i)</enum><text>specified in an
appropriation law, or the entire dollar amount of budget authority or
obligation limitation required to be allocated by a specific proviso in an
appropriation law for which a specific dollar figure was not included;</text>
</clause><clause id="H59766AB4564446DBA1AEEF400EFD6923"><enum>(ii)</enum><text>represented
separately in any table, chart, or explanatory text included in the statement
of managers or the governing committee report accompanying such law;</text>
</clause><clause id="H72A48747A5434079A729130A6E8FC258"><enum>(iii)</enum><text>required to be
allocated for a specific program, project, or activity in a law (other than an
appropriation law) that mandates the expenditure of budget authority from
accounts, programs, projects, or activities for which budget authority is
provided in an appropriation law;</text>
</clause><clause id="H5C2816DB84494745B6CA6E7B6C6C4D84"><enum>(iv)</enum><text>represented by
the product of the estimated procurement cost and the total quantity of items
specified in an appropriation law or included in the statement of managers or
the governing committee report accompanying such law; or</text>
</clause><clause id="H7813E13AC5FD4C3892F123E1D7217CCB"><enum>(v)</enum><text>represented by the
product of the estimated procurement cost and the total quantity of items
required to be provided in a law (other than an appropriation law) that
mandates the expenditure of budget authority from accounts, programs, projects,
or activities for which budget authority is provided in an appropriation
law.</text>
</clause></subparagraph><subparagraph id="H7EE3D3436A3E460184CBEE3ACBD60729"><enum>(B)</enum><text>The term
<term>dollar amount of discretionary budget authority</term> does not
include—</text>
<clause id="HE73B244588D24C7CBEFAADF09033CA34"><enum>(i)</enum><text>direct
spending;</text>
</clause><clause id="H4B5DB9035EE14E50B8F79021EC7F8562"><enum>(ii)</enum><text>budget authority
in an appropriation law which funds direct spending provided for in other
law;</text>
</clause><clause id="HFEF80437EB2741FA9D3093ED4A5B5672"><enum>(iii)</enum><text>any existing
budget authority canceled in an appropriation law; or</text>
</clause><clause id="H6B3662297BAA47DE9049F7A485CD87CC"><enum>(iv)</enum><text>any restriction,
condition, or limitation in an appropriation law or the accompanying statement
of managers or committee reports on the expenditure of budget authority for an
account, program, project, or activity, or on activities involving such
expenditure.</text>
</clause></subparagraph></paragraph><paragraph id="H0B099DFE98BC4DC98428B5692EE93E5E"><enum>(8)</enum><header>Item of direct
spending</header><text>The term <term>item of direct spending</term> means any
provision of law that results in an increase in budget authority or outlays for
direct spending relative to the most recent levels calculated consistent with
the methodology used to calculate a baseline under section 257 of the Balanced
Budget and Emergency Deficit Control Act of 1985 and included with a budget
submission under section 1105(a) of title 31, United States Code, in the first
year or the 5-year period for which the item is effective. However, such item
does not include an extension or reauthorization of existing direct spending,
but instead only refers to provisions of law that increase such direct
spending.</text>
</paragraph><paragraph id="HDF78B779608E4E888B86B75BB1916E78"><enum>(9)</enum><header>Limited tariff
benefit</header><text>The term <term>limited tariff benefit</term> means any
provision of law that modifies the Harmonized Tariff Schedule of the United
States in a manner that benefits 10 or fewer entities (as defined in paragraph
(12)(B)).</text>
</paragraph><paragraph id="H9ABE6CA567964D169C8D2F44EA68CBF9"><enum>(10)</enum><header>OMB</header><text>The
term <term>OMB</term> means the Director of the Office of Management and
Budget.</text>
</paragraph><paragraph id="HA8A8B55BC885453E9765879CD30E6ED2"><enum>(11)</enum><header>Omnibus
reconciliation or appropriation measure</header><text>The term <term>omnibus
reconciliation or appropriation measure</term> means—</text>
<subparagraph id="H96D0F244EC514F9AB9C01E1DF72D9DE7"><enum>(A)</enum><text>in the case of a
reconciliation bill, any such bill that is reported to its House by the
Committee on the Budget; or</text>
</subparagraph><subparagraph id="H86CA69AC827B4BD8809868CD1F9C4811"><enum>(B)</enum><text>in the case of an
appropriation measure, any such measure that provides appropriations for
programs, projects, or activities falling within 2 or more section 302(b)
suballocations.</text>
</subparagraph></paragraph><paragraph id="H3EEE1E69597C42C6B58AF17A0F7E863C"><enum>(12)</enum><header>Targeted tax
benefit</header><subparagraph commented="no" display-inline="yes-display-inline" id="H7A25B5D0D41348E98CD62B34BF57D48B"><enum>(A)</enum><text>The term <term>targeted
tax benefit</term> means any revenue-losing provision that provides a Federal
tax deduction, credit, exclusion, or preference to ten or fewer beneficiaries
(determined with respect to either present law or any provision of which the
provision is a part) under the Internal Revenue Code of 1986 in any year for
which the provision is in effect;</text>
</subparagraph><subparagraph id="H9F46F133EF7E411E819D9890A5C60212"><enum>(B)</enum><text>for purposes of
subparagraph (A)—</text>
<clause id="HDCB391B3F17E45B6AFAF5777BFA474C1"><enum>(i)</enum><text>all businesses and
associations that are members of the same controlled group of corporations (as
defined in section 1563(a) of the Internal Revenue Code of 1986) shall be
treated as a single beneficiary;</text>
</clause><clause id="H9B4FF1CF788645AF816D3794EB9D87E2"><enum>(ii)</enum><text>all shareholders,
partners, members, or beneficiaries of a corporation, partnership, association,
or trust or estate, respectively, shall be treated as a single
beneficiary;</text>
</clause><clause id="H8C488D64E31F4BC886D42552DE828865"><enum>(iii)</enum><text>all employees of
an employer shall be treated as a single beneficiary;</text>
</clause><clause id="H1FB62A9A07094A32ABC8D2C2A946E6C9"><enum>(iv)</enum><text>all qualified
plans of an employer shall be treated as a single beneficiary;</text>
</clause><clause id="H09B5FA4587A74AC894D9D88E8ECA78E8"><enum>(v)</enum><text>all beneficiaries
of a qualified plan shall be treated as a single beneficiary;</text>
</clause><clause id="H5CD3410D776D487FA5267A69623B6A89"><enum>(vi)</enum><text>all contributors
to a charitable organization shall be treated as a single beneficiary;</text>
</clause><clause id="H056190CFE61641DF8348AFB8E6A3AC2C"><enum>(vii)</enum><text>all holders of
the same bond issue shall be treated as a single beneficiary; and</text>
</clause><clause id="HA1F637C3AF0C49C7B4F9F6F678A7A568"><enum>(viii)</enum><text>if a
corporation, partnership, association, trust or estate is the beneficiary of a
provision, the shareholders of the corporation, the partners of the
partnership, the members of the association, or the beneficiaries of the trust
or estate shall not also be treated as beneficiaries of such provision;</text>
</clause></subparagraph><subparagraph id="HB00FAFC460D24C40BF87B68FA1C8F08A"><enum>(C)</enum><text>for the purpose of
this paragraph, the term <term>revenue-losing provision</term> means any
provision that is estimated to result in a reduction in Federal tax revenues
(determined with respect to either present law or any provision of which the
provision is a part) for any one of the two following periods—</text>
<clause id="H83DBF6FC7A374699B0B7723C96E8851F"><enum>(i)</enum><text>the first fiscal
year for which the provision is effective; or</text>
</clause><clause id="H78D19A8C37FD45268FECB0C5DDFE3418"><enum>(ii)</enum><text>the period of the
five fiscal years beginning with the first fiscal year for which the provision
is effective;</text>
</clause></subparagraph><subparagraph id="HF336126B3F4F460281F7509D617D26C8"><enum>(D)</enum><text>the term
<term>targeted tax benefit</term> does not include any provision which applies
uniformly to an entire industry; and</text>
</subparagraph><subparagraph id="H2A022BDAEB164EB6A45196F0EC4EB337"><enum>(E)</enum><text>the terms used in
this paragraph shall have the same meaning as those terms have generally in the
Internal Revenue Code of 1986, unless otherwise expressly provided.</text>
</subparagraph></paragraph></section><section id="HC1BD59394757470FBEEE572A9CF12A3F"><enum>1018.</enum><header>Expiration</header><text display-inline="yes-display-inline">This title shall have no force or effect on
or after October 1, 2019.</text>
</section><section id="H90AE700BC3EB452A9C9464F969E74686"><enum>1019.</enum><header>Deficit reduction</header><text display-inline="yes-display-inline">All spending reductions related to this
title shall be for deficit
reduction.</text>
</section></part><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H90672869EC9044209E1D230BDEF67ECB"><enum>412.</enum><header>Technical and
conforming amendments</header>
<subsection id="H03AB6BD45ED94C0C8F471A6312BA5EB1"><enum>(a)</enum><header>Exercise of
Rulemaking Powers</header><text>Section 904 of the Congressional Budget Act of
1974 (2 U.S.C. 621 note) is amended—</text>
<paragraph id="H0691C5F348234AF1B815AEF0BAC2936D"><enum>(1)</enum><text>in subsection (a),
by striking <quote>1017</quote> and inserting <quote>1012</quote>; and</text>
</paragraph><paragraph id="HC4A3ADCF4D974384BD9A7A4BCDA5CD12"><enum>(2)</enum><text>in subsection (d),
by striking <quote>section 1017</quote> and inserting <quote>section
1012</quote>.</text>
</paragraph></subsection><subsection id="H12CD71CCAD734B2CA161F15D60E0AED8"><enum>(b)</enum><header>Analysis by
Congressional Budget Office</header><text>Section 402 of the Congressional
Budget Act of 1974 is amended by inserting <quote>(a)</quote> after
<quote>402.</quote> and by adding at the end the following new
subsection:</text>
<quoted-block id="H700129158EA1482A8DD68A2E710EB71A" style="OLC">
<subsection id="HB2F2641AD475428C8D53445CB3CE59E8"><enum>(b)</enum><text>Upon the receipt
of a special message under section 1011 proposing to cancel any item of direct
spending, the Director of the Congressional Budget Office shall prepare an
estimate of the savings in budget authority or outlays resulting from such
proposed cancellation relative to the most recent levels calculated consistent
with the methodology used to calculate a baseline under section 257 of the
Balanced Budget and Emergency Deficit Control Act of 1985 and included with a
budget submission under section 1105(a) of title 31, United States Code, and
transmit such estimate to the chairmen of the Committees on the Budget of the
House of Representatives and
Senate.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H166FE03D91034F48AF05C301D071EF05"><enum>(c)</enum><header>Clerical
Amendments</header><paragraph commented="no" display-inline="yes-display-inline" id="H57A149854715473284734587A8FF695C"><enum>(1)</enum><text>Section 1(a) of the
Congressional Budget and Impoundment Control Act of 1974 is amended by striking
the last sentence.</text>
</paragraph><paragraph id="HAB538C4863924374A27E87D45A239BFA" indent="up1"><enum>(2)</enum><text>Section 1021(c) of such Act (as
redesignated) is amended is amended by striking <quote>rescinded or that is to
be reserved</quote> and insert <quote>canceled</quote> and by striking
<quote>1012</quote> and inserting <quote>1011</quote>.</text>
</paragraph><paragraph id="H3AD7C7CF00784126957665F87D2706E7" indent="up1"><enum>(3)</enum><header>Table of Contents</header><text>The
table of contents set forth in section 1(b) of the Congressional Budget and
Impoundment Control Act of 1974 is amended by deleting the contents for parts B
and C of title X and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="H1C6CA5BAA9234A3F931F84C18A11C07D" style="OLC">
<toc container-level="quoted-block-container" idref="H3B4FE9B9ED604C36AADAF576FD91A31D" lowest-bolded-level="division-lowest-bolded" lowest-level="section" quoted-block="no-quoted-block" regeneration="yes-regeneration">
<toc-entry idref="H84F6628587264FCA9670E38B0E39DF9C" level="part">Part B—Legislative Line-Item Veto</toc-entry>
<toc-entry idref="H480E63CE315E49B5A5F823CC4D9FE6DB" level="section">Sec. 1011. Line-item veto authority.</toc-entry>
<toc-entry idref="HDC814D0502F347469B2943152F46B687" level="section">Sec. 1012. Procedures for expedited consideration.</toc-entry>
<toc-entry idref="H7D0D0695DBBB4103A41EC7A825401442" level="section">Sec. 1013. Presidential deferral authority.</toc-entry>
<toc-entry idref="H731B760F22B94809A3544578A7BC0904" level="section">Sec. 1014. Identification of targeted tax benefits.</toc-entry>
<toc-entry idref="H0AA254E2808442DB8F5FBD7D10246BC6" level="section">Sec. 1015. Treatment of cancellations.</toc-entry>
<toc-entry idref="HAFAE49DFFD1743F9BDE7668CCDDC87A9" level="section">Sec. 1016. Reports by Comptroller General.</toc-entry>
<toc-entry idref="H0ACD4B8F47224D14A51D0F80C9B98024" level="section">Sec. 1017. Definitions.</toc-entry>
<toc-entry idref="HC1BD59394757470FBEEE572A9CF12A3F" level="section">Sec. 1018. Expiration.</toc-entry>
<toc-entry idref="H90AE700BC3EB452A9C9464F969E74686" level="section">Sec. 1019. Deficit reduction.</toc-entry>
<toc-entry level="section">Sec. 1020. Suits by Comptroller
General.</toc-entry>
<toc-entry level="section">Sec. 1021. Proposed deferrals of budget
authority.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HF213E869B1804CC9A260C014C562D46C"><enum>(d)</enum><header>Effective
Date</header><text>The amendments made by this subtitle shall take effect on
the date of its enactment and apply only to any dollar amount of discretionary
budget authority, item of direct spending, or targeted tax benefit provided in
an Act enacted on or after the date of enactment of this Act.</text>
</subsection></section><section id="HF66E73EB5D13449DBC2A595B47FF9822"><enum>413.</enum><header>Rescission
measures considered</header>
<subsection id="H88F796AE68C54E97958AA073E8FD91B4"><enum>(a)</enum><header>Rules
Amendment</header><text>Clause 6(c) of rule XIII of the Rules of the House of
Representatives is amended by inserting before the period <quote>, or a rule or
order that limits any amendment otherwise in order to a rescission
bill</quote>.</text>
</subsection><subsection id="H126791EFAADE4E0188174375B20A35C3"><enum>(b)</enum><header>Automatic
Allocations Reductions</header><text>Clause 4(b) of rule X of the Rules of the
House of Representatives is amended by inserting <quote>(1)</quote> after
<quote>(b)</quote>, by redesignating subparagraphs (1) through (6) as
subdivisions (A) through (F), respectively, and by adding at the end the
following:</text>
<quoted-block id="HB9181D8098B744F1AE81CA9521A4132B" style="OLC">
<paragraph id="H47220B25B3544819B0961E99C8009221" indent="up1"><enum>(2)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H0268D0B54D1A43228CBF3F6A79D95C4A"><enum>(A)</enum><text>Whenever a rescission
bill passes the House of Representatives, the Committee on the Budget shall
immediately reduce the applicable allocations under section 302(a) of the
Congressional Budget Act of 1974 by the total amount of reductions in budget
authority and in outlays resulting from such rescission bill.</text>
</subparagraph><subparagraph id="HC1AE6F9FF2CD437A9DFAD6AEEF61F56D" indent="up1"><enum>(B)</enum><text>As used in this subparagraph, the
term <term>rescission bill</term> means a bill or joint resolution which only
rescinds, in whole or in part, budget authority and which includes only titles
corresponding to the most recently enacted appropriation bills that continue to
include unobligated
balances.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HA787855EDB724D34B424701DA43BCABB"><enum>(c)</enum><header>Privileged
Discharge Resolutions</header><text>Rule XIII of the Rules of the House of
Representatives is amended by adding at the end the following new
clause:</text>
<quoted-block id="HB0895A53B0CC4358AA52DB200DB5D393" style="OLC">
<subsection id="H9803979CE382439E9F9F6A3C372474B6"><enum>8. (a)
</enum><text>By February 1, May 1, July 30, and November 11 of each session,
the majority leader shall introduce a rescission bill. If such bill is not
introduced by that date, then whenever a rescission bill is introduced during a
session on or after that date, a motion to discharge the committee from its
consideration shall be privileged after the 10-legislative day period beginning
on that date for the first 5 such bills.</text>
</subsection><subsection id="H1CB74C6843064F9D9555170718326E1E"><enum>(b)</enum><text>It shall not be in
order to offer any amendment to a rescission bill except an amendment that
increases the amount of budget authority that such bill rescinds.</text>
</subsection><subsection id="H7A3D2E600B1E4CE4A260EA870F406C94"><enum>(c)</enum><text>As used in this
clause and in clause 6, the term <term>rescission bill</term> has the meaning
given such term in clause 4(b)(2)(B) of rule
X.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HB79E3618245E47578E56B0ECE4C87D8D"><enum>(d)</enum><header>Point of
Order</header><text>Rule XXI of the Rules of the House of Representatives (as
amended by subsection (d)) is further amended by adding at the end the
following new clause:</text>
<quoted-block id="H178A173B919441609DD01F04CDF0D554" style="OLC">
<subsection id="H1B88C7D1257D458E8B294EFA6BD63080"><enum></enum><text>9. (a) It
shall not be in order to consider any rescission bill, or conference report
thereon or amendment thereto, unless—</text>
<paragraph id="H30186A3F2ED54AC1AFCC36DC01013A2B"><enum>(1)</enum><text>in the case of
such bill or conference report thereon, it is made available to Members and the
general public on the Internet for at least 48 hours before its consideration;
or</text>
</paragraph><paragraph id="H2B3583972F2840DE828394D0B390C885"><enum>(2)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H1298FA619D064F46A895E04AAF6FF9F4"><enum>(A)</enum><text>in the case of an
amendment to such rescission bill made in order by a rule, it is made available
to Members and the general public on the Internet within one hour after the
rule is filed; or</text>
</subparagraph><subparagraph id="HE26D9BB2674D4C03BA3FA0BDC1FCA95B" indent="up1"><enum>(B)</enum><text>in the case of an amendment under an
open rule, it is made available to Members and the general public on the
Internet immediately after being offered; in a format that is searchable and
sortable.</text>
</subparagraph></paragraph><paragraph id="H85FC53F211BB4F5D8194869B94CC5E0F"><enum>(3)</enum><text>No amendment to an
amendment to a rescission bill shall be in order unless germane to the
amendment to which it is
offered.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section></subtitle><subtitle id="H3FAFE87AEF9440268348363270807FF5"><enum>C</enum><header>Commission to
Eliminate Waste, Fraud, and Abuse</header>
<section display-inline="no-display-inline" id="H3EC05F9F2FDF4019ADAA1099064E1F5E" section-type="subsequent-section"><enum>420.</enum><header>Short
title</header><text display-inline="no-display-inline">This Act may be cited as
the <quote><short-title>Commission on the Accountability
and Review of Federal Agencies Act of 2009</short-title></quote>.</text>
</section><section id="H84DB138A5C814A24A8144397F6BF3662"><enum>421.</enum><header>Establishment
of Commission</header>
<subsection id="H586CBB07487B48F985FDE87D79FA0097"><enum>(a)</enum><header>Establishment</header><text>There
is established the Commission on the Accountability and Review of Federal
Agencies (hereafter in this Act referred to as the
<quote>Commission</quote>).</text>
</subsection><subsection id="H18D243FAAFC144E0BF5D48E9B43DF4D4"><enum>(b)</enum><header>Membership</header>
<paragraph id="H2799597766004A73B3F510C6ED8919E1"><enum>(1)</enum><header>Number and
appointment</header>
<subparagraph id="H00FEE8EF09F3454EAD96A83E6E57CD68"><enum>(A)</enum><header>In
general</header><text>The Commission shall be composed of 7 members, whom shall
have experience in finance and the analysis of Federal spending, appointed by
the President after consultation with the majority and minorities leaders of
the House of Representatives and the Senate, as follows:</text>
<clause id="H4B7B28956491492FA137A73807335EAF"><enum>(i)</enum><text>One
in consultation with the Speaker of the House of Representatives.</text>
</clause><clause id="H01C0A1A3E9A244F699FEA6F9C22FB2C3"><enum>(ii)</enum><text>One
in consultation with the minority leader of the House of
Representatives.</text>
</clause><clause id="H38D31E33DB854E9E905D108BAEB2AD0D"><enum>(iii)</enum><text>One in
consultation with the majority leader of the Senate.</text>
</clause><clause id="HE47A12FFD1C1419E9575635A41F32A57"><enum>(iv)</enum><text>One
in consultation with the minority leader of the Senate.</text>
</clause><clause id="HC6BF7F87E9034D408814B581DE8E67E6"><enum>(v)</enum><text>Three other
members.</text>
</clause></subparagraph><subparagraph id="H7008E1009DC24B41A7E5E2420987D5D6"><enum>(B)</enum><header>Ex officio
members</header><text>The President may appoint up to 4 Members of Congress (up
to 2 from each House) as nonvoting ex officio members of the Commission.</text>
</subparagraph></paragraph><paragraph id="H346072999CD5401489B5FAB855DB3646"><enum>(2)</enum><header>Chairman and
Vice-Chairman</header><text>The President shall appoint a chairman and
vice-chairman from among the members of the Commission.</text>
</paragraph></subsection><subsection id="H7251B27794F6427996E331C6E36ECA62"><enum>(c)</enum><header>Period of
Appointment; Vacancies</header><text>Members shall be appointed for the life of
the Commission. Any vacancy in the Commission shall not affect its powers, but
shall be filled in the same manner as the original appointment.</text>
</subsection><subsection id="H5E5D44B2349E44FFAB72DD4F06B8E839"><enum>(d)</enum><header>Initial
Meeting</header><text>Not later than 30 days after the date on which all
members of the Commission have been appointed, the Commission shall hold its
first meeting.</text>
</subsection><subsection id="H20EF0B840A3F45EFBDF5489B4A5CFBB1"><enum>(e)</enum><header>Meetings</header><text>The
Commission shall meet at the call of the chairman.</text>
</subsection><subsection id="H433118586AE04F35A3AB5FD5B73D99A8"><enum>(f)</enum><header>Quorum</header><text>A
majority of the members of the Commission shall constitute a quorum, but a
lesser number of members may hold hearings.</text>
</subsection></section><section id="H41D0EF32E43D4FDC98A00F8EF348BA43"><enum>422.</enum><header>Duties of the
Commission</header>
<subsection id="HFBB7A35589BD41BC85B211D5199EDE65"><enum>(a)</enum><header>Definition</header><text>The
term <term>agency</term>, as used in this section, has the meaning given the
term <term>executive agency</term> under section 105 of title 5, United States
Code.</text>
</subsection><subsection id="H01C19326506B4FBFBD9C05C2307960B1"><enum>(b)</enum><header>In
General</header><text>The Commission shall—</text>
<paragraph id="H202002C5A608411B86353991680A4C1B"><enum>(1)</enum><text>evaluate all
agencies and programs within those agencies, using the criteria under
subsection (c); and</text>
</paragraph><paragraph id="H2E150167D17C43D1B971F59728A971C3"><enum>(2)</enum><text>submit to
Congress—</text>
<subparagraph id="H254375568CAD4C839A8194B673675D5F"><enum>(A)</enum><text>a plan with
recommendations of the agencies and programs that should be realigned or
eliminated; and</text>
</subparagraph><subparagraph id="H95115D5E86FA4ED18A82A696728E4AB3"><enum>(B)</enum><text>proposed
legislation to implement the plan under subparagraph (A), but shall be limited
in content to matters directly related to the purpose of the Commission.</text>
</subparagraph></paragraph></subsection><subsection id="H77BA8F97ACE742B7A0BD2473DC6BEFC7"><enum>(c)</enum><header>Criteria</header>
<paragraph id="HA84E5BCF216E4FCDB436E4E200176D27"><enum>(1)</enum><header>Cost
effective</header><text>Whether the agency or program as carried out by the
agency is cost effective and achieves its stated purpose of goals.</text>
</paragraph><paragraph id="HFCDB2F881215437C9D2A6761FE6E5919"><enum>(2)</enum><header>Mission</header><text>The
extent to which the program has achieved or completed its intended
purpose.</text>
</paragraph><paragraph id="HCC863A6AEB79471BB5D7BB47DBB6BA89"><enum>(3)</enum><header>Duplicative</header><text>The
extent to which the agency or program duplicates or conflicts with other
Federal agencies, State and local government, or the private sector.</text>
</paragraph><paragraph id="H39CC19E4A1524EB299E56D9A915B67A4"><enum>(4)</enum><header>Coordination
with state and local governments</header><text>The extent to which the agency
coordinates effectively with State and local governments in performing the
functions of the program.</text>
</paragraph><paragraph id="HD6534C47289041028C54688C7B894188"><enum>(5)</enum><header>Performance</header><text>The
extent to which the program failed to meet its objectives or a national
priority or purpose</text>
</paragraph><paragraph id="HA595A9D36EBF4A5C9754185F63A820A7"><enum>(6)</enum><header>Management
structure</header><text>The extent to which changes in the management structure
of the agency or program or its placement in the Executive Branch are needed to
improve the overall efficiency, effectiveness, or accountability of Executive
Branch operations.</text>
</paragraph><paragraph id="HD893D8F8AF6E4FF2AD06775B72DDBA12"><enum>(7)</enum><header>National
needs</header><text>The extent to which the program benefits special interest
groups and does not meet a national priority or purpose.</text>
</paragraph></subsection><subsection id="H9E7849D9E03843FD89F46E01FC8FB142"><enum>(d)</enum><header>Report</header>
<paragraph id="H3D599EC7E3F74294A6E1FA57BB65CDCA"><enum>(1)</enum><header>In
general</header><text>Not later than 2 years after the date of enactment of
this Act, the Commission shall submit to the President and Congress a report
that includes—</text>
<subparagraph id="HCCD0F4170AFE4EE8AA678CA7D17FEF27"><enum>(A)</enum><text>the plan described
under subsection (b)(1) with supporting documentation for all recommendations;
and</text>
</subparagraph><subparagraph id="HD1CA6AE29E5F49EEB52DC1ABB53BE827"><enum>(B)</enum><text>the proposed
legislation described under subsection (b)(2).</text>
</subparagraph></paragraph><paragraph id="HB0596E386B9C4C16AD8A77011AD4718B"><enum>(2)</enum><header>Use of
savings</header><text>The proposed legislation under paragraph (1)(B) shall
provide that all funds saved by the implementation of the plan under paragraph
(1)(A) shall be used for deficit reduction.</text>
</paragraph></subsection></section><section id="H36F618C8B2E54BD9808B2CD6F9CA272D"><enum>423.</enum><header>Powers of the
Commission</header>
<subsection id="H640925F2B3984DF2B96AF5B854745C41"><enum>(a)</enum><header>Hearings and
Subpoena Power</header><text>The Commission or, at its direction, any
subcommittee or member of the Commission, may, for the purpose of carrying out
this Act—</text>
<paragraph id="H526520A3EE6240BBA89BDE98B001988B"><enum>(1)</enum><text>hold such
hearings, sit and act at such times and places, take such testimony, receive
such evidence, and administer such oaths as any member of the Commission
considers advisable;</text>
</paragraph><paragraph id="HBA2D025325434D1BB8F4BE62FC6127FC"><enum>(2)</enum><text>require, by
subpoena or otherwise, the attendance and testimony of such witnesses as any
member of the Commission considers advisable; and</text>
</paragraph><paragraph id="H776E3BC2A7384238AC94FC45EFCE8FEF"><enum>(3)</enum><text>require, by
subpoena or otherwise, the production of such books, records, correspondence,
memoranda, papers, documents, tapes, and other evidentiary materials relating
to any matter under investigation by the Commission.</text>
</paragraph></subsection><subsection id="H36BB6B9A56E748688BBD6FF785CD3F56"><enum>(b)</enum><header>Enforcement of
Subpoenas</header><text display-inline="yes-display-inline">The Commission may
issue subpoenas as follows:</text>
<paragraph id="H2281E4DE79C14F3AAA5C4B21FA18071D"><enum>(1)</enum><header>Issuance</header><text>Subpoenas
shall only be issued pursuant to this section if approved by a vote of the
Commission, shall bear the signature of the chairman of the Commission, and
shall be served by a person or class of persons designated by the chairman for
that purpose.</text>
</paragraph><paragraph id="H2F5EC033615344629E3BFA103B252FB6"><enum>(2)</enum><header>Enforcement</header><text>In
the case of contumacy or failure to obey a subpoena issued under subsection
(a), the United States district court for the judicial district in which the
subpoenaed person resides, is served, or may be found, may issue an order
requiring such person to appear at any designated place to testify or to
produce documentary or other evidence. Any failure to obey the order of the
court may be punished by the court as a contempt of that court.</text>
</paragraph><paragraph id="H369E60243A8144DB904BBF2F7989735E"><enum>(3)</enum><header>Limitation on
issuance and enforcement</header><text>Subpoenas may only be issued pursuant to
this section to Federal agencies, Federal contractors, or persons or entities
receiving Federal funds, and only for information or matter directly related to
the purpose of the Commission.</text>
</paragraph></subsection><subsection id="H9D3396BF3FE940989F7FD9A42A8D0DCD"><enum>(c)</enum><header>Information From
Federal Agencies</header><text>The Commission may secure directly from any
Federal department or agency such information as the Commission considers
necessary to carry out this Act. Upon request of the chairman of the
Commission, the head of such department or agency shall furnish such
information to the Commission.</text>
</subsection><subsection id="H676E4160659243038DB49F00D5C51337"><enum>(d)</enum><header>Postal
Services</header><text>The Commission may use the United States mails in the
same manner and under the same conditions as other departments and agencies of
the Federal Government.</text>
</subsection></section><section id="H8574DBD7CC9641C596176C244D245D1F"><enum>424.</enum><header>Commission
personnel matters</header>
<subsection id="H26445EC8F4044FAAA1480096A80369B6"><enum>(a)</enum><header>Compensation of
Members</header>
<paragraph id="HF1A2409940F94B4C99AE39CAC0CE4F88"><enum>(1)</enum><header>Non-federal
members</header><text>Except as provided under subsection (b), each member of
the Commission who is not an officer or employee of the Federal Government
shall not be compensated.</text>
</paragraph><paragraph id="H2B752435CA834940B81120F67AC13965"><enum>(2)</enum><header>Federal officers
or employees</header><text>All members of the Commission who are officers or
employees of the United States shall serve without compensation in addition to
that received for their services as officers or employees of the United
States.</text>
</paragraph></subsection><subsection id="HD8540CD35539488AA559B546ABE08E6A"><enum>(b)</enum><header>Travel
Expenses</header><text>The members of the Commission shall be allowed travel
expenses, including per diem in lieu of subsistence, at rates authorized for
employees of agencies under subchapter I of chapter 57 of title 5, United
States Code, while away from their homes or regular places of business in the
performance of services for the Commission.</text>
</subsection><subsection id="HDB057EFA01544C3D80CCAA0F7FCA7639"><enum>(c)</enum><header>Staff</header>
<paragraph id="H309113451ED84B64A2E339360F7D0034"><enum>(1)</enum><header>In
general</header><text>The chairman of the Commission may, without regard to the
civil service laws and regulations, appoint and terminate an executive director
and such other additional personnel as may be necessary to enable the
Commission to perform its duties. The employment of an executive director shall
be subject to confirmation by the Commission.</text>
</paragraph><paragraph id="HE898FBC2E4464FB3A9B8070F954A1862"><enum>(2)</enum><header>Compensation</header><text>Upon
the approval of the chairman, the executive director may fix the compensation
of the executive director and other personnel without regard to chapter 51 and
subchapter III of chapter 53 of title 5, United States Code, relating to
classification of positions and General Schedule pay rates, except that the
rate of pay for the executive director and other personnel may not exceed the
maximum rate payable for a position at GS–15 of the General Schedule under
section 5332 of such title.</text>
</paragraph><paragraph id="H464F959220394E3EACB902B785ED3D4D"><enum>(3)</enum><header>Personnel as
federal employees</header>
<subparagraph id="HFD473CCAAF0E4B108DEE22A1E8254F19"><enum>(A)</enum><header>In
general</header><text>The executive director and any personnel of the
Commission who are employees shall be employees under section 2105 of title 5,
United States Code, for purposes of chapters 63, 81, 83, 84, 85, 87, 89, and 90
of that title.</text>
</subparagraph><subparagraph id="H81DC82A66F6D43E18742A233A4D8689D"><enum>(B)</enum><header>Members of
commission</header><text>Subparagraph (A) shall not be construed to apply to
members of the Commission.</text>
</subparagraph></paragraph></subsection><subsection id="H6C68396FB25E4C2A857602E316470EF2"><enum>(d)</enum><header>Detail of
Government Employees</header><text>Any Federal Government employee may be
detailed to the Commission without reimbursement, and such detail shall be
without interruption or loss of civil service status or privilege.</text>
</subsection><subsection id="HFE282306E40C4DF89A0B37852E873E8E"><enum>(e)</enum><header>Procurement of
Temporary and Intermittent Services</header><text>The chairman of the
Commission may procure temporary and intermittent services under section
3109(b) of title 5, United States Code, at rates for individuals which do not
exceed the daily equivalent of the annual rate of basic pay prescribed for
level V of the Executive Schedule under section 5316 of such title.</text>
</subsection></section><section id="HCDEDD30DC0C3490D9429D29C73D29FFF"><enum>425.</enum><header>Termination of
the Commission</header><text display-inline="no-display-inline">The Commission
shall terminate 90 days after the date on which the Commission submits the
report under section 3(d).</text>
</section><section id="HEA8F2728AF944EC9A56B45FF0C59381B"><enum>426.</enum><header>Congressional
consideration of reform proposals</header>
<subsection id="HF1D99DCA823F4170A27654AD806159A8"><enum>(a)</enum><header>Definitions</header><text>In
this section—</text>
<paragraph id="HC394124EB74E41198374CC5D5EDDD196"><enum>(1)</enum><text>the term
<term>implementation bill</term> means only a bill which is introduced as
provided under subsection (b), and contains the proposed legislation included
in the report submitted to Congress under section 3, without modification;
and</text>
</paragraph><paragraph id="HA8A57138DC1C442793D034F1685BB48D"><enum>(2)</enum><text>the term
<term>calendar day</term> means a calendar day other than 1 on which either
House is not in session because of an adjournment of more than 3 days to a date
certain.</text>
</paragraph></subsection><subsection id="HAD87403CCFB24B0BB8FACEFC0BE39C7E"><enum>(b)</enum><header>Introduction;
Referral; and Report or Discharge</header>
<paragraph id="H28F3D6C5F41A4AA6B64359DBA1FAB938"><enum>(1)</enum><header>Introduction</header><text>On
the first calendar day on which both Houses are in session, on or immediately
following the date on which the report is submitted to Congress under section
3, a single implementation bill shall be introduced (by request)—</text>
<subparagraph id="H812824BA30874E2884DDF0272F03706F"><enum>(A)</enum><text>in the Senate by
the majority leader of the Senate, for himself and the minority leader of the
Senate, or by Members of the Senate designated by the majority leader and
minority leader of the Senate; and</text>
</subparagraph><subparagraph id="H484065332BCE4892B101D99FBA626532"><enum>(B)</enum><text>in the House of
Representatives by the majority leader of the House of Representatives, for
himself and the minority leader of the House of Representatives, or by Members
of the House of Representatives designated by the Speaker and minority leader
of the House of Representatives.</text>
</subparagraph></paragraph><paragraph id="H288B7176E6424DAD911E92B7B43E27CA"><enum>(2)</enum><header>Referral</header><text>The
implementation bills introduced under paragraph (1) shall be referred to any
appropriate committee of jurisdiction in the Senate and any appropriate
committee of jurisdiction in the House of Representatives. A committee to which
an implementation bill is referred under this paragraph may report such bill to
the respective House without substantive revision.</text>
</paragraph><paragraph id="H4F97F441B1DA4BB1AD49A1AE9D705A60"><enum>(3)</enum><header>Report or
discharge</header><text>If a committee to which an implementation bill is
referred has not reported such bill by the end of the 30th calendar day,
excepting Saturdays and Sundays, after the date of the introduction of such
bill, such committee shall be immediately discharged from further consideration
of such bill, and upon being reported or discharged from the committee, such
bill shall be placed on the appropriate calendar.</text>
</paragraph></subsection><subsection id="H3F2775618FDF44E1B30BFF8584871445"><enum>(c)</enum><header>Floor
Consideration</header>
<paragraph id="H3591A43FCDD84410BFFAE991E1ECC57B"><enum>(1)</enum><header>In
general</header><text>When the committee to which an implementation bill is
referred has reported, or has been discharged under subsection (b)(3), it is at
any time thereafter in order (even though a previous motion to the same effect
has been disagreed to) for any Member of the respective House to move to
proceed to the consideration of the implementation bill, and all points of
order against such legislation and against its consideration) are waived,
except those arising under sections 302(f) and 311 of the Congressional Budget
Act of 1974. The motion is highly privileged in the House of Representatives
and is privileged in the Senate and is not debatable. The motion is not subject
to amendment, or to a motion to postpone, or motion to proceed to the
consideration of other business. A motion to reconsider the vote by which the
motion is agreed to or disagreed to shall not be in order. If a motion to
proceed to the consideration of the implementation bill is agreed to, it shall
remain the unfinished business of the respective House until disposed
of.</text>
</paragraph><paragraph id="HBD0AD125DFAD46A8A4B10781E7D9C6D9"><enum>(2)</enum><header>Cost
estimate</header><text>An implementation bill may not be considered pursuant to
paragraph (1) unless a cost estimate has been prepared for such bill by the
Congressional Budget Office and been publicly available for 72 hours prior to
consideration.</text>
</paragraph><paragraph id="H349B2FF4BB0049E5BF250E9F514C2EFB"><enum>(3)</enum><header>Amendments</header><text>An
implementation bill may not be amended in the Senate or the House of
Representatives.</text>
</paragraph><paragraph id="H83C59CC755FC438B9CD7806026B9D555"><enum>(4)</enum><header>Debate</header><text>Debate
on the implementation bill, and on all debatable motions and appeals in
connection therewith, shall be limited to not more than 10 hours, which shall
be divided equally between those favoring and those opposing the resolution. A
motion further to limit debate is in order and not debatable. An amendment to,
or a motion to postpone, or a motion to proceed to the consideration of other
business, or a motion to recommit the implementation bill is not in order. A
motion to reconsider the vote by which the implementation bill is agreed to or
disagreed to is not in order.</text>
</paragraph><paragraph id="H7E47D6CA79114755914D25F6FCD9E189"><enum>(5)</enum><header>Vote on final
passage</header><text>Immediately following the conclusion of the debate on an
implementation bill, and a single quorum call at the conclusion of the debate
if requested in accordance with the rules of the appropriate House, the vote on
final passage of the implementation bill shall occur.</text>
</paragraph><paragraph id="H9090E699FCA545FC9BB4F8EFA1F20AD4"><enum>(6)</enum><header>Rulings of the
chair on procedure</header><text>Appeals from the decisions of the Chair
relating to the application of the rules of the Senate or the House of
Representatives, as the case may be, to the procedure relating to an
implementation bill shall be decided without debate.</text>
</paragraph></subsection><subsection id="HA5415F44071A4550B7E4B89B9334BC12"><enum>(d)</enum><header>Coordination
With Action by Other House</header><text>If, before the passage by 1 House of
an implementation bill of that House, that House receives from the other House
an implementation bill, then the following procedures shall apply:</text>
<paragraph id="HC0014E64786F491BA01C0ED1BEBCB0AD"><enum>(1)</enum><header>Non-referral</header><text>The
implementation bill of the other House shall not be referred to a
committee.</text>
</paragraph><paragraph id="H74CF629D9AD34AF988A0CC900B6AF00B"><enum>(2)</enum><header>Vote on bill of
other house</header><text>With respect to an implementation bill of the House
receiving the implementation bill—</text>
<subparagraph id="H2D34DB0CA4AC44C187813B552D9266AF"><enum>(A)</enum><text>the procedure in
that House shall be the same as if no implementation bill had been received
from the other House; but</text>
</subparagraph><subparagraph id="H69305F901E1B4C2DACBC016F16C3D9CE"><enum>(B)</enum><text>the vote on final
passage shall be on the implementation bill of the other House.</text>
</subparagraph></paragraph></subsection><subsection id="HF3D285E188AB4672991AC7EAACD35EE7"><enum>(e)</enum><header>Rules of the
Senate and the House of Representatives</header><text>This section is enacted
by Congress—</text>
<paragraph id="H6A9092330AEC4E04B53458BC08FF3B8D"><enum>(1)</enum><text>as an exercise of
the rulemaking power of the Senate and House of Representatives, respectively,
and as such it is deemed a part of the rules of each House, respectively, but
applicable only with respect to the procedure to be followed in that House in
the case of an implementation bill described in subsection (a), and it
supersedes other rules only to the extent that it is inconsistent with such
rules; and</text>
</paragraph><paragraph id="H0580591777E4421C88A16E1EF637A877"><enum>(2)</enum><text>with full
recognition of the constitutional right of either House to change the rules (so
far as relating to the procedure of that House) at any time, in the same
manner, and to the same extent as in the case of any other rule of that
House.</text>
</paragraph></subsection></section><section id="H515FA3203B9E46E3BD8C7AAAE52E2C05"><enum>427.</enum><header>Authorization
of appropriations</header><text display-inline="no-display-inline">There are
authorized to be appropriated such sums as may be necessary for each of fiscal
years 2010 through 2013 for carrying out this Act.</text>
</section></subtitle><enum>V</enum><header>TRANSPARENCY IN
BUDGETING</header>
<section id="H1B314C6A35914A92B7D89CB2D99BF375"><enum>500.</enum><header>Short
title</header><text display-inline="no-display-inline">This title may be cited
as the <quote><short-title>Transparency in Budgeting Act
of 2009</short-title></quote>.</text>
</section><subtitle id="HC9CE9F48DC6945E88E2C855C48D96848"><enum>A</enum><header>Accrual Funding of
Pensions and Retirement Pay for Federal Employees and Uniformed Services
Personnel</header>
<section id="HEB65C7671B2B437AB483883CEF752476"><enum>501.</enum><header>Civil Service
Retirement System</header>
<subsection id="HFF887245FEBE49658A4A8CFDE3A5358C"><enum>(a)</enum><header>Civil Service
Retirement and Disability Fund</header><text>Chapter 83 of title 5, United
States Code, is amended—</text>
<paragraph id="H6EFB6C4C0A084320BD18400453E8676E"><enum>(1)</enum><text>in section
8331—</text>
<subparagraph id="H67A9DF0370B548AC8A1D9B41374D8DCD"><enum>(A)</enum><text>in paragraph
(17)—</text>
<clause id="H9C83D99DF3DD44F6A24A34A9377595C8"><enum>(i)</enum><text>by
striking <quote>normal cost</quote> and inserting <quote>normal cost
percentage</quote>; and</text>
</clause><clause id="H3F5188CFDE66446AB293657FE63AA6FB"><enum>(ii)</enum><text>by
inserting <quote>and standards (using dynamic assumptions)</quote> after
<quote>practice</quote>;</text>
</clause></subparagraph><subparagraph id="H9A234D5426544273AC36A7AA4527EEFC"><enum>(B)</enum><text>by amending
paragraph (18) to read as follows:</text>
<quoted-block id="H58E1A2CDC62241D5877610E00CB26F3F" style="OLC">
<paragraph id="HE5E17BD8C30946C2B4E130E7D1C8A64F"><enum>(18)</enum><text><quote>Fund
balance</quote> means the current net assets of the Fund available for payment
of benefits, as determined by the Office in accordance with appropriate
accounting standards, but does not include any amount attributable to—</text>
<subparagraph id="HF5737AB28902460AB55658CD7C90D2B0"><enum>(A)</enum><text>the Federal
Employees’ Retirement System; or</text>
</subparagraph><subparagraph id="H6E2CC30877ED403D8140692F28F270E3"><enum>(B)</enum><text>contributions made
under the Federal Employees’ Retirement Contribution Temporary Adjustment Act
of 1983 by or on behalf of any individual who became subject to the Federal
Employees’ Retirement System;</text>
</subparagraph></paragraph><after-quoted-block></after-quoted-block></quoted-block>
</subparagraph><subparagraph id="H6ADCC0CA318E4D05B349F982A709F861"><enum>(C)</enum><text>by amending
paragraph (19) to read as follows:</text>
<quoted-block id="H62EEE1B29D0246A6928D16C0E5491072" style="OLC">
<paragraph id="H79552C4C708B4FC1B09D9B268379781D"><enum>(19)</enum><text><quote>accrued
liability</quote> means the estimated excess of the present value of all
benefits payable from the Fund to employees and Members, and former employees
and Members, subject to this subchapter, and their survivors, over the present
value of deductions to be withheld from the future basic pay of employees and
Members currently subject to this subchapter and of future agency contributions
to be made in their behalf;</text>
</paragraph><after-quoted-block></after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HB80A050B0ABF430E8171627EEFDD3424"><enum>(D)</enum><text>in paragraph (27)
by striking <quote>and</quote> at the end;</text>
</subparagraph><subparagraph id="HC9FADAE131AF44AABF67DE757F885FAD"><enum>(E)</enum><text>in paragraph (28)
by striking the period at the end and inserting a semicolon; and</text>
</subparagraph><subparagraph id="H04BE22E8F3074313B37365C1F7ADC949"><enum>(F)</enum><text>by adding at the
end the following paragraphs:</text>
<quoted-block id="HB1DE4AAC778E4EBABA8A584FBA8C3D7E" style="OLC">
<paragraph id="HD48D8EEFD59A4252A2B6C4678734A623"><enum>(29)</enum><text><quote>dynamic
assumptions</quote> means economic assumptions that are used in determining
actuarial costs and liabilities of a retirement system and in anticipating the
effects of long-term future—</text>
<subparagraph id="H2EA7821396D3448382C85FDE58B8AC92"><enum>(A)</enum><text>investment
yields;</text>
</subparagraph><subparagraph id="H8AFD29467FF44AED83803190FC952BD6"><enum>(B)</enum><text>increases in rates
of basic pay; and</text>
</subparagraph><subparagraph id="H94F5AFEAF6024159BA7B53732B8C0929"><enum>(C)</enum><text>rates of price
inflation; and</text>
</subparagraph></paragraph><paragraph id="HC10D900AA1864DDDA0F53EDE72086B50"><enum>(30)</enum><text><quote>unfunded
liability</quote> means the estimated excess of—</text>
<subparagraph id="H5C27C44294AA482E9079CC1E63687DED"><enum>(A)</enum><text>the actuarial
present value of all future benefits payable from the Fund under this
subchapter based on the service of current or former employees or Members,
over</text>
</subparagraph><subparagraph id="H314011F9B11E43EFB5E76C2E95CE7DE5"><enum>(B)</enum><text>the sum of—</text>
<clause id="H3C0A1A4D28BF4D44A86C9C9646528CCB"><enum>(i)</enum><text>the actuarial
present value of deductions to be withheld from the future basic pay of
employees and Members currently subject to this chapter pursuant to section
8334;</text>
</clause><clause id="HBAB718AB39BD47DAAA76032BE6D41614"><enum>(ii)</enum><text>the actuarial
present value of the future contributions to be made pursuant to section 8334
with respect to employees and Members currently subject to this
subchapter;</text>
</clause><clause id="HCFEAA118A5ED43FDA361506AE3292071"><enum>(iii)</enum><text>the Fund
balance, as defined in paragraph (18), as of the date the unfunded liability is
determined; and</text>
</clause><clause id="H0564639F30DE46FDB4E4A62F63BA3E76"><enum>(iv)</enum><text>any other
appropriate amount, as determined by the Office of Personnel Management in
accordance with generally accepted actuarial practices and
principles.</text>
</clause></subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="H6BF6794D7DE14C8890C23EA9FE8D74F2"><enum>(2)</enum><text>in section
8334—</text>
<subparagraph id="HCF06080D6E9A4136BB515C53875E4062"><enum>(A)</enum><text>in subsection
(a)(1)—</text>
<clause id="HB20417C1F99D445F929787E331C8BC8A"><enum>(i)</enum><text>by
striking the last two sentences;</text>
</clause><clause id="H3AC303CADF244EE4BDA90AFFA1B2033F"><enum>(ii)</enum><text>by
redesignating that subsection, as so amended, as (a)(1)(A); and</text>
</clause><clause id="HCE409325EB7A416E84B23EACE6B525EE"><enum>(iii)</enum><text>by
adding at the end the following new subparagraphs:</text>
<quoted-block id="H073CF9F968374043A701E0C54BC484E2" style="OLC">
<subparagraph id="HEB8EE10CA0E34D0BAC9CA4CBDBA42612" indent="up2"><enum>(B)</enum><text>Except as provided in subparagraph
(E), each employing agency having any employees or Members subject to
subparagraph (A) shall contribute from amounts available for salaries and
expenses an amount equal to the sum of—</text>
<clause id="HFFDFCA009FC8411F8C7BD5ED8DF8FF46"><enum>(i)</enum><text>the product of—</text>
<subclause id="HC56776B02A774D80BFCC637005008A45"><enum>(I)</enum><text>the normal cost percentage, as
determined for employees (other than employees covered by clause (ii)),
multiplied by</text>
</subclause><subclause id="H949ADB215AE24CFFB523EA7E17E64DAF"><enum>(II)</enum><text>the aggregate amount of basic pay
payable by the agency, for the period involved, to employees (under subclause
(I)) who are within such agency; and</text>
</subclause></clause><clause id="H66487EBED8024CCA9C87DC2AE0DB4D3D"><enum>(ii)</enum><text>the product of—</text>
<subclause id="HA1C60B2185564A56B5089DDBFFC028E8"><enum>(I)</enum><text>the normal cost percentage, as
determined for Members, Congressional employees, law enforcement officers,
firefighters, air traffic controllers, bankruptcy judges, Court of Federal
Claims judges, United States magistrates, judges of the United States Court of
Appeals for the Armed Forces, members of the Capitol Police, nuclear materials
couriers, and members of the Supreme Court Police, multiplied by</text>
</subclause><subclause id="H2B8F809037C6496DAE0BD4BF8F51CA14"><enum>(II)</enum><text>the aggregate amount of basic pay
payable by the agency for the period involved, to employees and Members (under
subclause (I)) who are within such agency.</text>
</subclause></clause></subparagraph><subparagraph id="H895EB3AB2A764F43BC57F941D6F548CF" indent="up2"><enum>(C)</enum><text>In determining the normal cost
percentage to be applied under subparagraph (B), amounts provided for under
subparagraph (A) shall be taken into account.</text>
</subparagraph><subparagraph id="H8A8A534AEA834020A3E1C60BB8C875D5" indent="up2"><enum>(D)</enum><text>Contributions under this paragraph
shall be paid—</text>
<clause id="H7C58BC877BCA43FE83E9FE8252047A64"><enum>(i)</enum><text>in the case of law enforcement
officers, firefighters, air traffic controllers, bankruptcy judges, Court of
Federal Claims judges, United States magistrates, judges of the United States
Court of Appeals for the Armed Forces, members of the Supreme Court Police,
nuclear materials couriers and other employees, from the appropriations or fund
used to pay such law enforcement officers, firefighters, air traffic
controllers, bankruptcy judges, Court of Federal Claims judges, United States
magistrates, judges of the United States Court of Appeals for the Armed Forces,
members of the Supreme Court Police, nuclear materials couriers and other
employees, respectively;</text>
</clause><clause id="HE338CEE895564D23B74937CF19E207BB"><enum>(ii)</enum><text>in the case of elected officials,
from an appropriation or fund available for payment of other salaries of the
same office or establishment; and</text>
</clause><clause id="H07BCE918044147D89E9185BB02FA780E"><enum>(iii)</enum><text>in the case of employees of the
legislative branch paid by the Clerk of the House of Representatives, from the
contingent fund of the House of Representatives.</text>
</clause></subparagraph><subparagraph id="H65180BB9BCB941499A3425B32A63AF73" indent="up2"><enum>(E)</enum><text>In the case of the United States
Postal Service, the Metropolitan Washington Airports Authority, and the
government of the District of Columbia, an amount equal to that withheld under
subparagraph (A) shall be contributed from the appropriation or fund used to
pay the employee.</text>
</subparagraph><after-quoted-block>;
</after-quoted-block></quoted-block>
</clause></subparagraph><subparagraph id="HBDAF3747EB3442ECB118F71ED7DE319C"><enum>(B)</enum><text>in subsection
(k)—</text>
<clause id="HE047E4B2F17F401CB803D8FBA5A7A0F5"><enum>(i)</enum><text>in
paragraph (1)—</text>
<subclause id="HC8E57A40F3B448608B2F1BBD1A8259CE"><enum>(I)</enum><text>in subparagraph
(A) by striking <quote>the first sentence of subsection (a)(1) of this
section</quote> and inserting <quote>subsection (a)(1)(A)</quote>; and</text>
</subclause><subclause id="H8A573758D41C44D7A33AB54F6DC92F50"><enum>(II)</enum><text>by amending
subparagraph (B) to read as follows:</text>
<quoted-block id="H734C45B6AEBC40DAB82DB01898A91188" style="OLC">
<subparagraph id="H5F99F2D43CD8419A80D2AB9C62693BFB" indent="up1"><enum>(B)</enum><text>the amount of the contribution under
subsection (a)(1)(B) shall be the amount contributed under such subsection if
this subsection had not been enacted.</text>
</subparagraph><after-quoted-block></after-quoted-block></quoted-block>
</subclause></clause><clause id="H7802BCCCAFC24FF8963B13E60887C235"><enum>(ii)</enum><text>in
paragraph (2)(C)(iii) by striking <quote>the first sentence of subsection
(a)(1)</quote> and inserting <quote>subsection (a)(1)(A)</quote>; and</text>
</clause></subparagraph></paragraph><paragraph id="HDE8175DD7C684670AE96D7242A3F1F73"><enum>(3)</enum><text>in section
8348—</text>
<subparagraph id="HA7F255F0F5E340FCA8385BAAE494EEEF"><enum>(A)</enum><text>by repealing
subsection (f);</text>
</subparagraph><subparagraph id="HF5358BC8CC7B4905BFB055AA8862C0D0"><enum>(B)</enum><text>by amending
subsection (g) to read as follows:</text>
<quoted-block id="HF41D548378474759810A47F044EF4829" style="OLC">
<subsection id="H54AA71D47CFA4670846A627C0ABF1F38"><enum>(g)</enum><paragraph commented="no" display-inline="yes-display-inline" id="HBD867D08F1004FB99EE171D4B327F0C3"><enum>(1)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H43BD292F0314462ABD958011A95E7E5B"><enum>(A)</enum><text>Not later than June 30,
2011, the Office of the Actuary shall determine the unfunded liability of the
Fund, as of September 30, 2010, attributable to benefits payable under this
chapter and make recommendations regarding its liquidation. After considering
such recommendations, the Office shall establish an amortization schedule,
including a series of annual installments commencing October 1, 2011, which
provides for the liquidation of such liability by October 1, 2049.</text>
</subparagraph><subparagraph id="HB51DEB0B549442DB9EB2C0917724FD32" indent="up2"><enum>(B)</enum><text>The Office shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year, for each
fiscal year beginning after September 30, 2010, through the fiscal year ending
September 30, 2044, and shall establish a new amortization schedule, including
a series of annual installments commencing on October 1 of the second
subsequent fiscal year, which provides for the liquidation of such liability by
October 1, 2049.</text>
</subparagraph><subparagraph id="H67EA7DC23CBD44BB8D6D63B26CA9DDA2" indent="up2"><enum>(C)</enum><text>The Office shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year for each
fiscal year beginning after September 30, 2044, and shall establish a new
amortization schedule, including a series of annual installments commencing on
October 1 of the second subsequent fiscal year, which provides for the
liquidation of such liability over five years.</text>
</subparagraph><subparagraph id="H04775594DF5A498791AA2A42F1DE4F85" indent="up2"><enum>(D)</enum><text>Amortization schedules established
under this paragraph shall be set in accordance with generally accepted
actuarial practices and principles, with interest computed at the rate used in
the most recent valuation of the Civil Service Retirement System.</text>
</subparagraph></paragraph><paragraph id="H3511EBE4152C4145B773F6C38B1D4D44" indent="up1"><enum>(2)</enum><text>At the beginning of each fiscal year,
beginning on October 1, 2011, the Office shall notify the Secretary of the
Treasury of the amount of the first installment under the most recent
amortization schedule established under paragraph (1). The Secretary shall
credit that amount to the Fund, as a Government contribution, out of any money
in the Treasury of the United States not otherwise appropriated.</text>
</paragraph><paragraph id="H64A81FB05E0440E9A1AD84A4023BEB5C" indent="up1"><enum>(3)</enum><text>For the purpose of carrying out
paragraph (1) with respect to any fiscal year, the Office may—</text>
<subparagraph id="H72FC6F5829804B2CB5657A85876F8F28"><enum>(A)</enum><text>require the Board of Actuaries of the
Civil Service Retirement System to make actuarial determinations and
valuations, make recommendations, and maintain records in accordance with
section 8347(f); and</text>
</subparagraph><subparagraph id="H7D1DAD8E7F254FE99EEF392FCCBB51D7"><enum>(B)</enum><text>use the latest actuarial
determinations and valuations made by such Board of
Actuaries.</text>
</subparagraph></paragraph></subsection><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="H567022C993AB4482B3D95EAD06983633"><enum>(C)</enum><text>in subsections
(h), (i), and (m) by striking <quote>unfunded</quote> and inserting
<quote>accrued</quote> each place it appears; and</text>
</subparagraph><subparagraph id="HFFAA70082AE14235AD2F427FAAD2F4E2"><enum>(D)</enum><text>by adding at the
end the following new subsection:</text>
<quoted-block id="HD154CA8AE26E41E09162D712397347EF" style="OLC">
<subsection id="HDE844209301A43F2BD6253FAA20E3EC4"><enum>(n)</enum><text>Under regulations
prescribed by the Office, the head of an agency may request reconsideration of
any amount determined to be payable with respect to such agency under section
8334(a)(1)(B)–(D). Any such request shall be referred to the Board of Actuaries
of the Civil Service Retirement System. The Board of Actuaries shall review the
computations of the Office and may make any adjustment with respect to any such
amount which the Board determines appropriate. A determination by the Board of
Actuaries under this subsection shall be
final.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="H9C0CEFC5FC004984803FDE9B8102F79D"><enum>(b)</enum><header>Government
Contributions</header><text>Section 8423 of title 5, United States Code, is
amended—</text>
<paragraph id="H25A98390C212460C9B99E1DA881B7696"><enum>(1)</enum><text>in subsection
(a)(2) by striking <quote>section 8422</quote> and inserting <quote>section
8422(a)</quote>; and</text>
</paragraph><paragraph id="H4317750ACA6744DB8202BBE9CF8A9A9C"><enum>(2)</enum><text>in subsection
(b)(2) by striking <quote>equal annual installments</quote> and inserting
<quote>annual installments set in accordance with generally accepted actuarial
practices and principles</quote>.</text>
</paragraph></subsection></section><section id="HF43E7AF3FA1B44A38EA71994FF9A3EEF"><enum>502.</enum><header>Central
Intelligence Agency Retirement and Disability System</header>
<subsection id="HFC7C56FAF986412A81EFBDB92B7CAAC5"><enum>(a)</enum><text>Section 101 of the
Central Intelligence Agency Retirement Act (50 U.S.C. 2001) is amended—</text>
<paragraph id="HDCF79C9313974777A0ACE3D30CBC97B7"><enum>(1)</enum><text>in paragraph (5),
to read as follows:</text>
<quoted-block id="H74C4576673AE456C926A7A8395E00901" style="OLC">
<paragraph id="H02BE66B06F034233BF35CE7F46919FA1"><enum>(5)</enum><header>Unfunded
liability</header><text>The term <term>unfunded liability</term> means the
estimated excess of—</text>
<subparagraph id="HD9D19D85A7A344F18CC999D9A8105202"><enum>(A)</enum><text>the actuarial
present value of all future benefits payable from the Fund under title II of
this Act based on the service of current or former participants, over</text>
</subparagraph><subparagraph id="H1B9660FEE38F4D1CBF4F8EDEFAC3B8DA"><enum>(B)</enum><text>the sum of—</text>
<clause id="H4310B67A173A4A4BABD9E7A461AA56D2"><enum>(i)</enum><text>the actuarial
present value of deductions to be withheld from the future basic pay of
participants currently subject to title II of this Act pursuant to section
211;</text>
</clause><clause id="H6C53362D508243AEAF15A8FD97B01ACD"><enum>(ii)</enum><text>the actuarial
present value of the future contributions to be made pursuant to section 211
with respect to participants currently subject to title II of this Act;</text>
</clause><clause id="HA0C106D75A48430C8613312AF66BBC17"><enum>(iii)</enum><text>the Fund
balance, as defined in paragraph (4), as of the date the unfunded liability is
determined; and</text>
</clause><clause id="HE4CA4CA313FB428AB2EFCE1A6459A15E"><enum>(iv)</enum><text>any other
appropriate amount, as determined by the Director in accordance with generally
accepted actuarial practices and
principles.</text>
</clause></subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</paragraph><paragraph id="HF8495B03F0F94AD8B75DCCFF8ECC166C"><enum>(2)</enum><text>in paragraph
(6)—</text>
<subparagraph id="H111080D0C00C4FFB90EBB705BBD10683"><enum>(A)</enum><text>by striking
<quote><quote>normal cost</quote></quote> and inserting <quote><quote>normal
cost percentage</quote></quote>; and</text>
</subparagraph><subparagraph id="H13089F1F34AA47BFAD62312B1D3C84F0"><enum>(B)</enum><text>by inserting
<quote>and standards (using dynamic assumptions)</quote> after
<quote>practice</quote>; and</text>
</subparagraph></paragraph><paragraph id="H6CF634E397F4495988BFF9CC0173C912"><enum>(3)</enum><text>by adding at the
end the following paragraph:</text>
<quoted-block id="HE9534779CC7945EFBCFA671A774A75A1" style="OLC">
<paragraph id="HE241805B042C422896077579089E073F"><enum>(10)</enum><header>Dynamic
assumptions</header><text>The term <term>dynamic assumptions</term> means
economic assumptions that are used in determining actuarial costs and
liabilities of a retirement system and in anticipating the effects of long-term
future—</text>
<subparagraph id="H81DF984176FE4831A995E4A329562E9A"><enum>(A)</enum><text>investment
yields;</text>
</subparagraph><subparagraph id="H9DBBE36BE44844589416D60F8A315D10"><enum>(B)</enum><text>increases in rates
of basic pay; and</text>
</subparagraph><subparagraph id="H04EA630CBEDA445DAD99C34074D6A8B6"><enum>(C)</enum><text>rates of price
inflation.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HB4D9D468615F476ABED1A4B1570E759D"><enum>(b)</enum><text>Section 202 of
such Act (50 U.S.C. 2012) is amended by adding at the end the following:
<quote>The Fund is appropriated for the payment of benefits as provided by this
title.</quote>.</text>
</subsection><subsection id="H593A61F5A2744F8DBE38108DF2AB2E4A"><enum>(c)</enum><text>Section 211(a)(2)
of such Act (50 U.S.C. 2021(a)(2)) is amended to read as follows:</text>
<quoted-block id="HA8C2B51A791741F4AD85663601FDB6B6" style="OLC">
<paragraph id="H0F15E667390646DD94A9269157DA9E76"><enum>(2)</enum><header>Agency
contributions</header><text>The Agency shall contribute to the Fund the amount
computed in a manner similar to that used under section 8334(a) of title 5,
United States Code, pursuant to determinations of the normal cost percentage of
the Central Intelligence Agency Retirement and Disability System by the
Director. Contributions under this paragraph shall be paid from amounts
available for salaries and
expenses.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HDC8C913D00884ADF8862756C33EC01D9"><enum>(d)</enum><text>Section 261 of
such Act (50 U.S.C. 2091) is amended—</text>
<paragraph id="H735BBDE7F0384597A8482E668BC3DD35"><enum>(1)</enum><text>by striking
subsections (c), (d), and (e); and</text>
</paragraph><paragraph id="HB0309FDAB25C49B1861572E3CB898396"><enum>(2)</enum><text>by inserting after
subsection (b) the following new subsections:</text>
<quoted-block id="H4BD29292CC26445A939A1888F4BC8F12" style="OLC">
<subsection id="HF63D0CBFB7584E43A16610B1A223617D"><enum>(c)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H7AF798CD9CFA450E80F46AB8EA03D817"><enum>(1)</enum><text>Not later than June 30,
2011, the Director shall cause to be made actuarial valuations of the Fund that
determine the unfunded liability of the Fund, as of September 30, 2010,
attributable to benefits payable under this title and make recommendations
regarding its liquidation. After considering such recommendations, the Director
shall establish an amortization schedule, including a series of annual
installments commencing October 1, 2011, which provides for the liquidation of
such liability by October 1, 2049.</text>
</paragraph><paragraph id="HCFF96E09C0084298AF2C2CC75CF44307" indent="up1"><enum>(2)</enum><text>The Director shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year, for each
fiscal year beginning after September 30, 2010, through the fiscal year ending
September 30, 2044, and shall establish a new amortization schedule, including
a series of annual installments commencing on October 1 of the second
subsequent fiscal year, which provides for the liquidation of such liability by
October 1, 2049.</text>
</paragraph><paragraph id="H7EF4FCB5EEF94DFA81D3FA2CB909E313" indent="up1"><enum>(3)</enum><text>The Director shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year for each
fiscal year beginning after September 30, 2044, and shall establish a new
amortization schedule, including a series of annual installments commencing on
October 1 of the second subsequent fiscal year, which provides for the
liquidation of such liability over five years.</text>
</paragraph><paragraph id="HFF724C4C01F64C32B02791CD17FD4BEB" indent="up1"><enum>(4)</enum><text>Amortization schedules established
under this subsection shall be set in accordance with generally accepted
actuarial practices and principles, with interest computed at the rate used in
the most recent valuation of the Civil Service Retirement and Disability
System.</text>
</paragraph></subsection><subsection id="H6027B11EFED4439FA2B4AABC0101F696"><enum>(d)</enum><text>At the beginning
of each fiscal year, beginning on October 1, 2011, the Director shall notify
the Secretary of the Treasury of the amount of the first installment under the
most recent amortization schedule established under subsection (c). The
Secretary shall credit that amount to the Fund, as a Government contribution,
out of any money in the Treasury of the United States not otherwise
appropriated. For the purposes of section 504 of the National Security Act of
1947, this amount shall be considered
authorized.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H0C88F7ACFD8D4194B4B13F24730DEA93"><enum>(e)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H78D37F57E6FB4B59B95119A70CE4B1E1"><enum>(1)</enum><text>Title III of such Act
(50 U.S.C. 2151 et seq.) is amended by adding at the end the following new
section:</text>
<quoted-block id="H848C82ADC2714FDCA3E4AC5B97EBCB72" style="OLC">
<section id="HF7F1C31B9C4B4EAD98CC15C698E470AD"><enum>308.</enum><header>Full funding of
retiree costs for employees designated under Section
<enum-in-header>302</enum-in-header></header>
<subsection id="H0A91DE0B2B9D4240978608FBEE2250BF"><enum>(a)</enum><text>In addition to
other government contributions required by law, the Agency shall contribute to
the Civil Service Retirement and Disability Fund (hereinafter in this section
referred to as the <quote>Fund</quote>) amounts calculated in accordance with
section 8423 of title 5, United States Code, based on the projected number of
employees to be designated pursuant to section 302 of this Act. In addition,
the Agency, in a manner similar to that established for employee contributions
to the Fund by section 8422 of title 5, United States Code, will contribute an
amount equal to the difference between that contributed by the number of
employees projected to be designated under section 302 and the amounts that are
actually being deducted and contributed from the basic pay of an equal number
of employees pursuant to section 8422. The amounts of the Agency’s
contributions under this subsection shall be determined by the Director of the
Office of Personnel Management, in consultation with the Director, and shall be
paid by the Agency from funds available for salaries and expenses. Agency
employees designated pursuant to section 302 of this Act shall, commencing with
such designation, have deducted from their basic pay the full amount required
by section 8422 of title 5, United States Code, and such deductions shall be
contributed to the Fund.</text>
</subsection><subsection id="HD3B9A45BC239497F91C90C829B54686E"><enum>(b)</enum><paragraph commented="no" display-inline="yes-display-inline" id="HF9D84F26FAAB449589DD854D09CBDFA0"><enum>(1)</enum><text>The Director of the
Office of Personnel Management, in consultation with the Director, shall
determine the total amount of unpaid contributions (government and employee
contributions) and interest attributable to the number of individuals employed
with the Agency on September 30, 2011, who are projected to be designated under
section 302 of this Act, but are not yet designated under that section as of
that date. The amount shall be referred to as the section 302 unfunded
liability.</text>
</paragraph><paragraph id="H6B84F7E8002C40BBB4F59A01DC67F665" indent="up1"><enum>(2)</enum><text>Not later than June 30, 2012, the
Director of the Office of Personnel Management, in consultation with the
Director, shall establish an amortization schedule, setting forth a series of
annual installments commencing September 30, 2012, which provides for the
liquidation of the section 302 unfunded liability by September 30, 2019.</text>
</paragraph><paragraph id="H925FDA1A13B146DFB371F7EBB785FE2A" indent="up1"><enum>(3)</enum><text>At the end of each fiscal year,
beginning on September 30, 2012, the Director shall notify the Secretary of the
Treasury of the amount of the annual installment under the amortization
schedule established under paragraph (2) of this subsection. Before closing the
accounts for that fiscal year, the Secretary shall credit that amount to the
Fund, out of any money in the Treasury of the United States not otherwise
appropriated.</text>
</paragraph></subsection><subsection id="H08AA38B8429147EF821A06356547AE0C"><enum>(c)</enum><text>Amounts paid by
the Agency pursuant to this section are deemed to be specifically authorized by
the Congress for the purposes of section 504 of the National Security Act of
1947.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HF49D62A2FF92427FB6C3437FF207E0AE" indent="up1"><enum>(2)</enum><text>The table of contents of such Act is
amended by inserting after the item relating to section 307 the following new
item:</text>
<quoted-block id="H7451C4D68AE24F5FBC6764172CF8B9D5" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 308. Full funding of retiree costs
for employees designated under section
302.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section><section id="HF9D5845E56324F8986A0F3998780C54A"><enum>503.</enum><header>Foreign Service
Retirement and Disability System</header>
<subsection id="HC17B0144C1FA497BB057FD54EFE9C434"><enum>(a)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 804 (22 U.S.C. 4044)—</text>
<paragraph id="H5A0A8C64E54A40A9B3DC9CF4153B1347"><enum>(1)</enum><text>by amending
paragraph (5) to read as follows:</text>
<quoted-block id="H02310379F7F34DA58CD7C254C52C8863" style="OLC">
<paragraph id="HF8AD2F130A6E4950A4437153B2409A2B"><enum>(5)</enum><text><quote>normal cost
percentage</quote> means the entry-age normal cost computed in accordance with
generally accepted actuarial practice and standards (using dynamic assumptions)
and expressed as a level percentage of aggregate basic
pay.</text>
</paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</paragraph><paragraph id="HFFCA439DE3D04BCB84C0474D444BC371"><enum>(2)</enum><text>by amending
paragraph (14) to read as follows:</text>
<quoted-block id="H71CC9C84A8AD4AD9870F239F79678E36" style="OLC">
<paragraph id="H7238BA4636814725BB1B815E528FFA5B"><enum>(14)</enum><text><quote>unfunded
liability</quote> means the estimated excess of—</text>
<subparagraph id="H27BD8F93A18A4CF798AA31431932515B"><enum>(A)</enum><text>the actuarial
present value of all future benefits payable from the Fund under this part
based on the service of current or former participants, over</text>
</subparagraph><subparagraph id="H9CF330D07B5B4A249ECD8F3F4BC779C3"><enum>(B)</enum><text>the sum of—</text>
<clause id="HB80C653EB3464A7D85B1F619E80E0CF6"><enum>(i)</enum><text>the actuarial
present value of deductions to be withheld from the future basic pay of
participants currently subject to this part pursuant to section 805;</text>
</clause><clause id="H9360E2C29DBA42AF9A1BC757A38CE61A"><enum>(ii)</enum><text>the actuarial
present value of the future contributions to be made pursuant to section 805
with respect to participants currently subject to this part;</text>
</clause><clause id="HE9EC17CA5FC2485DB088956EED66FFFB"><enum>(iii)</enum><text>the Fund
balance, as defined in paragraph (7), as of the date the unfunded liability is
determined, excluding any amount attributable to the Foreign Service Pension
System, or contributions made under the Federal Employees’ Retirement
Contribution Temporary Adjustment Act of 1983 by or on behalf of any individual
who became subject to the Foreign Service Pension System; and</text>
</clause><clause id="H9A35820341C44896B5882DD374BC8E31"><enum>(iv)</enum><text>any other
appropriate amount, as determined by the Secretary of the Treasury in
accordance with generally accepted actuarial practices and
principles.</text>
</clause></subparagraph></paragraph><after-quoted-block></after-quoted-block></quoted-block>
</paragraph><paragraph id="H21497BEE740B4B80938FF720AEEBC9CF"><enum>(3)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H9AC75B2E4DD446D5B04986E949EF7911"><enum>(A)</enum><text>by striking the period
at the end of paragraph (15) and inserting <quote>; and</quote>; and</text>
</subparagraph><subparagraph id="H5B5B9A1A34074051AC0915EF755E2874" indent="up1"><enum>(B)</enum><text>by adding at the end the following new
paragraph:</text>
<quoted-block id="HE8459564BB0646DFAC9061176E46BC2B" style="OLC">
<paragraph id="H9EF5E17F2FED4ED39D2FE81271A3B4E2"><enum>(16)</enum><text><quote>dynamic
assumptions</quote> means economic assumptions that are used in determining
actuarial costs and liabilities of a retirement system and in anticipating the
effects of long-term future—</text>
<subparagraph id="HE1A638A78BB8414A928F9AB91B7EE68C"><enum>(A)</enum><text>investment
yields;</text>
</subparagraph><subparagraph id="HEE70988752184CD791B4D808CD38769A"><enum>(B)</enum><text>increases in rates
of basic pay; and</text>
</subparagraph><subparagraph id="H55A14D39F1BE46AD89C2DC64E9A99AE6"><enum>(C)</enum><text>rates of price
inflation.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="HB5D1B20C396E4593BBFB02F287C24E6F"><enum>(b)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 852 (22 U.S.C. 4071a)—</text>
<paragraph id="H34340ABB4F8C4A8C9A4589C20B8C4AA0"><enum>(1)</enum><text>in paragraph
(4)—</text>
<subparagraph id="H517B7DFE8E9B43A7B41EDD9EFB677486"><enum>(A)</enum><text>by striking
<quote>normal cost</quote> and inserting <quote>normal cost percentage</quote>;
and</text>
</subparagraph><subparagraph id="H915149CCFF994744BBC77E9502FD6508"><enum>(B)</enum><text>by striking
<quote>by the Secretary of State</quote>;</text>
</subparagraph></paragraph><paragraph id="H69252EBAC5C54837B6EB1751C5177DDB"><enum>(2)</enum><text>in paragraph
(7)—</text>
<subparagraph id="H809DE134BEBC4C9595F08C0FFB443631"><enum>(A)</enum><text>by striking
<quote>supplemental</quote> and inserting <quote>unfunded</quote>;</text>
</subparagraph><subparagraph id="H512ABBB6D2C346D89430159C04AFFD61"><enum>(B)</enum><text>in subparagraph
(B)(i) by striking <quote>(I)</quote> and <quote>and (II) contributions for
past civilian and military service</quote>; and</text>
</subparagraph><subparagraph id="H92FEEA0E5AE34599AC07E2B189A9A989"><enum>(C)</enum><text>in subparagraph
(B)(ii) by inserting before the semicolon <quote>with respect to participants
currently subject to this part</quote>; and</text>
</subparagraph></paragraph><paragraph id="HDCAE4B9D7DBE423ABF7439433A01696B"><enum>(3)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HB76F5596882D437A8F994493F76EFEF3"><enum>(A)</enum><text>at the end of paragraph
(8) by striking <quote>and</quote>;</text>
</subparagraph><subparagraph id="H13DC08CE2FEF41F59758F2B821B56BA9" indent="up1"><enum>(B)</enum><text>at the end of paragraph (9) by
striking the period and inserting <quote>; and</quote>; and</text>
</subparagraph><subparagraph id="H0F1EE75AA717441A90754409D3EC6B8A" indent="up1"><enum>(C)</enum><text>by adding at the end the following new
paragraph:</text>
<quoted-block id="H13FEFCB9C9804BA48B7499D4F7758EB3" style="OLC">
<paragraph id="HCB4269BBDE8B422E97BD7B31BA255D16"><enum>(10)</enum><text><quote>dynamic
assumptions</quote> means economic assumptions that are used in determining
actuarial costs and liabilities of a retirement system and in anticipating the
effects of long-term future—</text>
<subparagraph id="HC50547FF9C59472C9C6AA266849BD395"><enum>(A)</enum><text>investment
yields;</text>
</subparagraph><subparagraph id="H8C9A60ED3FAE4435940939926EE16DF0"><enum>(B)</enum><text>increases in rates
of basic pay; and</text>
</subparagraph><subparagraph id="H0B1A5B64D43944B6B77D369EE05FA9AA"><enum>(C)</enum><text>rates of price
inflation.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="H1E5290F34FEA475EAC5B4187D2C20A06"><enum>(c)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 805(a)(1) (22 U.S.C. 4045(a))—</text>
<paragraph id="HA458650EF33C4A1EB54D4DB83942589C"><enum>(1)</enum><text>by striking the
second sentence;</text>
</paragraph><paragraph id="HC5D8FFC7D43B40D09147431B4091BD65"><enum>(2)</enum><text>(by redesignating
that subsection, as so amended, as (a)(1)(A);</text>
</paragraph><paragraph id="HD3DF5D7F792F46E1B3A3361235DCABDC"><enum>(3)</enum><text>by redesignating
the last sentence of that subsection, as so amended as (a)(1)(C);</text>
</paragraph><paragraph id="H3E6EF082533048CC8DADB0128B5BD7F1"><enum>(4)</enum><text>by inserting after
subparagraph (A) the following new subparagraph:</text>
<quoted-block id="HCEEFAB942E1E4B9488134411683AE222" style="OLC">
<subparagraph id="HC1839DAD4B424424BD9AB8EFD6735393"><enum>(B)</enum><text>Each employing
agency having participants shall contribute to the Fund the amount computed in
a manner similar to that used under section 8334(a) of title 5, United States
Code, pursuant to determinations of the normal cost percentage of the Foreign
Service Retirement and Disability System. Contributions under this subparagraph
shall be paid from the appropriations or fund used for payment of the salary of
the
participant.</text>
</subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</paragraph><paragraph id="H213C37D1D5564357AAE06EE7F3FC1D53"><enum>(5)</enum><text>in subsection
(a)(2)(A) by striking <quote>An equal amount shall be contributed by the
Department</quote> and inserting in its place <quote>Each employing agency
having participants shall contribute to the Fund the amount computed in a
manner similar to that used under section 8334(a) of title 5, United States
Code, pursuant to determinations of the normal cost percentage of the Foreign
Service Retirement and Disability System</quote>; and</text>
</paragraph><paragraph id="HB53A48BCE8B54F6B92F6DA2EBCBD71DB"><enum>(6)</enum><text>in subsection
(a)(2)(B) by striking <quote>An equal amount shall be contributed by the
Department</quote> and inserting in its place <quote>Each employing agency
having participants shall contribute to the Fund from amounts available for
salaries and expenses the amount computed in a manner similar to that used
under section 8334(a) of title 5, United States Code, pursuant to
determinations of the normal cost percentage of the Foreign Service Retirement
and Disability System</quote>.</text>
</paragraph></subsection><subsection id="HEB388D54364F4C01892A7FD0A5FE1A58"><enum>(d)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended by repealing sections 821 and 822 (22 U.S.C. 4061
and 4062) and by adding the following new section:</text>
<quoted-block act-name="Foreign Service Act of 1980" id="HC449B4DC99AB49C4BB520EE77F8B5C6E" style="USC">
<section id="HCB26FAF0958F4604BA9BB169FD2803F6"><enum>821.</enum><header>Unfunded
liability</header>
<subsection id="H019A513E16324E8CB5B27141DDA1783E"><enum>(a)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H891AF4F8C4684D86A584386A83CFD75B"><enum>(1)</enum><text>Not later than June 30,
2011, the Secretary of State shall cause to be made actuarial valuations of the
Fund that determine the unfunded liability of the Fund, as of September 30,
2010, attributable to benefits payable under this subchapter and make
recommendations regarding its liquidation. After considering such
recommendations, the Secretary of State shall establish an amortization
schedule, including a series of annual installments commencing October 1, 2010,
which provides for the liquidation of such liability by October 1, 2049.</text>
</paragraph><paragraph id="H916EFE726B634398B9B7DC3CD0E86398" indent="up1"><enum>(2)</enum><text>The Secretary of State shall
redetermine the unfunded liability of the Fund as of the close of the fiscal
year, for each fiscal year beginning after September 30, 2010, through the
fiscal year ending September 30, 2044, and shall establish a new amortization
schedule, including a series of annual installments commencing on October 1 of
the second subsequent fiscal year, which provides for the liquidation of such
liability by October 1, 2049.</text>
</paragraph><paragraph id="HDDB870BAC926487C87120382ECEEF05F" indent="up1"><enum>(3)</enum><text>The Secretary of State shall
redetermine the unfunded liability of the Fund as of the close of the fiscal
year for each fiscal year beginning after September 30, 2044, and shall
establish a new amortization schedule, including a series of annual
installments commencing on October 1 of the second subsequent fiscal year,
which provides for the liquidation of such liability over five years.</text>
</paragraph><paragraph id="H74F19288EB6141FA850ECA80C6356DC8" indent="up1"><enum>(4)</enum><text>Amortization schedules established
under this subsection shall be set in accordance with generally accepted
actuarial practices and principles, with interest computed at the rate used in
the most recent valuation of the Foreign Service Retirement and Disability
System.</text>
</paragraph></subsection><subsection id="HC2C6D1A61DE44DF8B4F48460717D4047"><enum>(b)</enum><text>At the beginning
of each fiscal year, beginning on October 1, 2011, the Secretary of State shall
notify the Secretary of the Treasury of the amount of the first installment
under the most recent amortization schedule established under paragraph (1).
The Secretary of the Treasury shall credit that amount to the Fund, as a
Government contribution, out of any money in the Treasury of the United States
not otherwise
appropriated.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H4F3CEEF029E9473F86906BFC76D7AAA5"><enum>(e)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 857(b)(1) (22 U.S.C. 4071f(b)(1)) by
striking <quote>equal annual installments</quote> and inserting <quote>annual
installments set in accordance with generally accepted actuarial practices and
principles</quote>.</text>
</subsection><subsection id="H13ED94525A1D43B583E112564C84D9AE"><enum>(f)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 859 (22 U.S.C. 4071h) by adding
<quote>percentage</quote> after <quote>normal cost</quote>.</text>
</subsection><subsection id="HC02BAAF1371D471CA1947D085A60DC40"><enum>(g)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 802 (22 U.S.C. 4042) by adding at the
end the following: <quote>The Fund is appropriated for the payment of benefits
as provided by this subchapter.</quote>.</text>
</subsection><subsection id="H06E8FABC3C6C451AA0CA482B3753FDDC"><enum>(h)</enum><text>Chapter 8 of title
I of the <act-name parsable-cite="FSA80">Foreign Service Act of
1980</act-name>, Public Law 96–465, (22 U.S.C. 4041 et seq.) 94 Stat. 2071, as
amended, is further amended in section 818 (22 U.S.C. 4058) by striking
<quote>System</quote> and inserting <quote>Systems under this
subchapter</quote>.</text>
</subsection></section><section id="HC0F7920639BF4F3CA2AB2FE65329E356"><enum>504.</enum><header>Public Health
Service Commissioned Corps Retirement System</header>
<subsection id="H079E5F7759C04FEC9F7368ED26578E4B"><enum>(a)</enum><header>In
General</header><text>Title II of the <act-name parsable-cite="PHSA">Public
Health Service Act</act-name> (42 U.S.C. 202 et seq.) is amended by adding at
the end the following new part:</text>
<quoted-block act-name="Public Health Service Act" id="HE75B178934144DE3B8C37F87B432E5EC" style="traditional">
<part id="HC897384566294CA59E0694EFDDA62A0E"><enum>C</enum><header>Public Health
Service Commissioned Corps Retirement System</header>
<section id="H2E97F9AA9812486D900963EEDA612157"><enum>251.</enum><header>Establishment and Purpose of
Fund</header><text>There is
established on the books of the Treasury a fund to be known as the Public
Health Service Commissioned Corps Retirement Fund (hereinafter in this part
referred to as the <quote>Fund</quote>), which shall be administered by the
Secretary. The Fund shall be used for the accumulation of funds in order to
finance on an actuarially sound basis liabilities of the Department of Health
and Human Services for benefits payable on account of retirement, disability,
or death to commissioned officers of the Public Health Service and to their
survivors pursuant to part A of this title.</text>
</section><section id="HFFFF6D9FB07F445AAB9DA86B91DA594F"><enum>252.</enum><header>Assets of the Fund</header><text>There shall be
deposited into the Fund the following, which shall constitute the assets of the
Fund:</text>
<paragraph id="H866AB8D7E36B4D829889B81F9C8A562D"><enum>(1)</enum><text>Amounts paid into
the Fund under section 255.</text>
</paragraph><paragraph id="HF26A825FAC3D4153B0719CCB30A53E25"><enum>(2)</enum><text>Any return on
investment of the assets of the Fund.</text>
</paragraph><paragraph id="H2E2D02B455F54F3696FDE428C6D51DA2"><enum>(3)</enum><text>Amounts
transferred into the Fund pursuant to section 504(c) of the Spending, Deficit,
and Debt Control Act of 2009.</text>
</paragraph></section><section id="H92179ADC34C4493D953EAE8E66FE31BA"><enum>253.</enum><header>Payment From the
Fund</header><text>There shall be
paid from the Fund benefits payable on account of retirement, disability, or
death to commissioned officers of the Public Health Service and to their
survivors pursuant to part A of this title.</text>
</section><section id="H5B6B75D1D1544DED94EEA716B3E3ADDC"><enum>254.</enum><header>Determination of Contributions to the
Fund</header><subsection commented="no" display-inline="yes-display-inline" id="H285C7062AE5649D498BCAAB34719C18C"><enum>(a)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H2A245B1936CC4C4C959931BACB112CE4"><enum>(1)</enum><text>Not later than June 30,
2011, the Secretary shall determine the unfunded liability of the Fund
attributable to service performed as of September 30, 2010, which is
<quote>active service</quote> for the purpose of section 212. The Secretary
shall establish an amortization schedule, including a series of annual
installments commencing October 1, 2011, which provides for the liquidation of
such liability by October 1, 2049.</text>
</paragraph><paragraph id="H8D3795AB153043CC80F723E816E584E6" indent="up1"><enum>(2)</enum><text>The Secretary shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year, for each
fiscal year beginning after September 30, 2010, through the fiscal year ending
September 30, 2044, and shall establish a new amortization schedule, including
a series of annual installments commencing on October 1 of the second
subsequent fiscal year, which provides for the liquidation of such liability by
October 1, 2049.</text>
</paragraph><paragraph id="H7683F5526473487A991530C8ECEA50F6" indent="up1"><enum>(3)</enum><text>The Secretary shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year for each
fiscal year beginning after September 30, 2044, and shall establish a new
amortization schedule, including a series of annual installments commencing on
October 1 of the second subsequent fiscal year, which provides for the
liquidation of such liability over five years.</text>
</paragraph></subsection><subsection id="H961E16B64D5440219EEFFFD180D607A7"><enum>(b)</enum><text>The Secretary
shall determine each fiscal year, in sufficient time for inclusion in the
budget request for the following fiscal year, the total amount of Department of
Health and Human Services contributions to be made to the Fund during the
fiscal year under section 255(a). That amount shall be the sum of—</text>
<paragraph id="H5080BE6599C64574A5E77B2007D3DCCF"><enum>(1)</enum><text>the product
of—</text>
<subparagraph id="H26A3873653C94A6FB93CB75098C5FA1C"><enum>(A)</enum><text>the current
estimate of the value of the single level percentage of basic pay to be
determined under subsection (c)(1) at the time of the most recent actuarial
valuation under subsection (c); and</text>
</subparagraph><subparagraph id="HDDFA9A1544AE4555A2677C1E1EFB7BCC"><enum>(B)</enum><text>the total amount
of basic pay expected to be paid during that fiscal year to commissioned
officers of the Public Health Service on active duty (other than active duty
for training); and</text>
</subparagraph></paragraph><paragraph id="H200DC05C96894339A6DBA5F45D7B96D0"><enum>(2)</enum><text>the product
of—</text>
<subparagraph id="H41B6E22388EF43559F987C617C12401D"><enum>(A)</enum><text>the current
estimate of the value of the single level percentage of basic pay and of
compensation (paid pursuant to section 206 of title 37, United States Code) to
be determined under subsection (c)(2) at the time of the most recent actuarial
valuation under subsection (c); and</text>
</subparagraph><subparagraph id="HA1A20BE722464FB6B1E28BACD71A1B79"><enum>(B)</enum><text>the total amount
of basic pay and of compensation (paid pursuant to section 206 of title 37,
United States Code) expected to be paid during the fiscal year to commissioned
officers of the Reserve Corps of the Public Health Service (other than officers
on full-time duty other than for training) who are not otherwise described in
subparagraph (A).</text>
</subparagraph></paragraph></subsection><subsection id="HF887E1D626674C2D9B5303B839BE45C8"><enum>(c)</enum><text>Not less often
than every four years thereafter (or by the fiscal year end prior to the
effective date of any statutory change affecting benefits payable on account of
retirement, disability, or death to commissioned officers or their survivors),
the Secretary shall carry out an actuarial valuation of benefits payable on
account of retirement, disability, or death to commissioned officers of the
Public Health Service and to their survivors pursuant to part A of this title.
Each such actuarial valuation shall be signed by an enrolled Actuary and shall
include—</text>
<paragraph id="H6BDE1D352BFC436689FCFF6C76602506"><enum>(1)</enum><text>a determination
(using the aggregate entry-age normal cost method) of a single level percentage
of basic pay for commissioned officers of the Public Health Service on active
duty (other than active duty for training); and</text>
</paragraph><paragraph id="HBBB33BD95E284D969AC93CF7F95565E8"><enum>(2)</enum><text>a determination
(using the aggregate entry-age normal cost method) of a single level percentage
of basic pay and of compensation (paid pursuant to section 206 of title 37,
United States Code) of commissioned officers of the Reserve Corps of the Public
Health Service (other than officers on full time duty other than for training)
who are not otherwise described in paragraph (1).</text>
</paragraph></subsection><subsection id="H7C947F2ABD794E46BDF8049D8D2B8A26"><enum>(d)</enum><text>All determinations
under this section shall be in accordance with generally accepted actuarial
principles and practices and, where appropriate, shall follow the general
pattern of methods and assumptions approved by the Department of Defense
Retirement Board of Actuaries.</text>
</subsection><subsection id="H0353AD34586C4763840B499248120260"><enum>(e)</enum><text>The Secretary
shall provide for the keeping of such records as are necessary for determining
the actuarial status of the Fund.</text>
</subsection></section><section id="HCA7DC9CC0F40460C891308A31847D372"><enum>255.</enum><header>Payments into the
Fund</header><subsection commented="no" display-inline="yes-display-inline" id="H89AB5ABBB8FE4ACDAF541C9E4B7B26D5"><enum>(a)</enum><text>From amounts available
to the Department of Health and Human Services for salaries and expenses, the
Secretary shall pay into the Fund at the end of each month the amount that is
the sum of—</text>
<paragraph id="HD8E84EE6712940F2AAA17B57EEB884F6"><enum>(1)</enum><text>the product
of—</text>
<subparagraph id="H1C39A54C7FC6480FBA600E8C2774891C"><enum>(A)</enum><text>the level
percentage of basic pay determined using all the methods and assumptions
approved for the most recent (as of the first day of the current fiscal year)
actuarial valuation under sections 254(C)(1) (except that any statutory change
affecting benefits payable on account of retirement, disability, or death to
commissioned officers or their survivors that is effective after the date of
that valuation and on or before the first day of the current fiscal year shall
be used in such determination); and</text>
</subparagraph><subparagraph id="HC2E743CA1B314A5EBD73F53CF5B7EA33"><enum>(B)</enum><text>the total amount
of basic pay accrued for that month by commissioned officers of the Public
Health Service on active duty (other than active duty for training); and</text>
</subparagraph></paragraph><paragraph id="H2AA8626DB00C4D298F23ABA36980D35E"><enum>(2)</enum><text>the product
of—</text>
<subparagraph id="H74AE335F89434419A6097B8879FB2AF9"><enum>(A)</enum><text>the level
percentage of basic pay and of compensation (paid pursuant to section 206 of
title 37, United States Code) determined using all the methods and assumptions
approved for the most recent (as of the first day of the current fiscal year)
actuarial valuation under section 254(C)(2) (except that any statutory change
affecting benefits payable on account of retirement, disability, or death to
commissioned officers or their survivors that is effective after the date of
that valuation and on or before the first day of the current fiscal year shall
be used in such determinations); and</text>
</subparagraph><subparagraph id="H6BB06141564D49B9BA824FC2161EFB82"><enum>(B)</enum><text>the total amount
of basic pay and of compensation (paid pursuant to section 206 of title 37,
United States Code) accrued for that month by commissioned officers of the
Reserve Corps of the Public Health Service (other than officers on full-time
duty other than for training).</text>
</subparagraph></paragraph></subsection><subsection id="H6166BDC0B6314F4E93FEF13A0EACEC04"><enum>(b)</enum><text>At the beginning
of each fiscal year, beginning on October 1, 2011, the Secretary shall certify
to the Secretary of the Treasury the amount of the first installment under the
most recent amortization schedule established under section 254(a). The
Secretary of the Treasury shall pay into the Fund from the General Fund of the
Treasury the amount so certified. Such payment shall be the contribution to the
Fund for that fiscal year.</text>
</subsection></section><section id="H181925F24F424D0AA5320F23D74985A9"><enum>256.</enum><header>Investments of Assets of
Fund</header><text>The Secretary may
request the Secretary of the Treasury to invest such portion of the Fund as is
not, in the judgment of the Secretary, required to meet the current needs of
the Fund. Such investments shall be made by the Secretary of the Treasury in
public debt securities with maturities suitable to the needs of the Fund, as
determined by the Secretary, and bearing interest at rates determined by the
Secretary of the Treasury, taking into consideration current market yields on
outstanding marketable obligations of the United States of comparable
maturities. The income on such investments shall be credited to and form a part
of the Fund.</text>
</section><section id="H875E4CF0370D4E49AD9C6D7D0EBE60A7"><enum>257.</enum><header>Implementation Year
Exceptions</header><subsection commented="no" display-inline="yes-display-inline" id="H4E1BA46AB7EB44E58F2B0951A27F62E9"><enum>(a)</enum><text>To avoid funding
shortfalls in the first year should formal actuarial determinations not be
available in time for budget preparation, the amounts used in the first year in
sections 255(a)(1)(A) and 255(a)(2)(A) shall be set equal to those estimates in
sections 254(b)(1)(A) and 254(b)(2)(A) if final determinations are not
available. The original unfunded liability as defined in section 254(a) shall
include an adjustment to correct for this difference between the formal
actuarial determinations and the estimates in sections 254(b)(1)(A) and
254(b)(2)(A).</text>
</subsection></section></part><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H553202F875A941D28844843BF2662C2D"><enum>(b)</enum><header>Conforming
Amendments</header><text display-inline="yes-display-inline">Section 214 of the
<act-name parsable-cite="PHSA">Public Health Service Act</act-name> (42 U.S.C.
215) is amended by adding at the end the following new subsection:</text>
<quoted-block act-name="Public Health Service Act" id="H13130F8660AE4B5991C8B6B62FDAC36F" style="OLC">
<subsection id="HFF98B1E02C324827801AE4014BF8AE02"><enum>(e)</enum><text>The Secretary
shall condition any detail under subsection (a), (b), or (c) upon the agreement
of the executive department, State, subdivision, Committee of the Congress, or
institution concerned to pay to the Department of Health and Human Services, in
advance or by way of reimbursement, for the full cost of the detail including
that portion of the contributions under section 255(a) that is attributable to
the detailed
personnel.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H3803B6745E074BCEBE6BAA3ECF2DFF57"><enum>(c)</enum><header>Transfer of
Appropriations</header><text>There shall be transferred on October 1, 2012,
into the fund established under section 251 of the
<act-name parsable-cite="PHSA">Public Health Service Act</act-name>, as added
by subsection (a), any obligated or unobligated balances of appropriations made
to the Department of Health and Human Services that are currently available for
benefits payable on account of retirement, disability, or death to commissioned
officers of the Public Health Service and to their survivors pursuant to part A
of title II of the <act-name parsable-cite="PHSA">Public Health Service
Act</act-name>, and amounts so transferred shall be part of the assets of the
Fund.</text>
</subsection></section><section id="HB32ADE0CCBDF41268612B9AE1109DF77"><enum>505.</enum><header>National
Oceanic and Atmospheric Administration Commissioned Officer Corps Retirement
System</header>
<subsection id="H25E1D007341545FC83C0DFCAF60D3143"><enum>(a)</enum><header>In
General</header><text>The National Oceanic and Atmospheric Administration
Commissioned Officer Corps Act of 2002 (title II of Public Law 107–372) is
amended by inserting after section 246 (33 U.S.C. 3046) the following new
section:</text>
<quoted-block id="HAC540A3A7BEA4069B1194540868E473F" style="OLC">
<section id="H72100E986E934D51A94C1D5475FE06EF"><enum>246A</enum><header>National
Oceanic and Atmospheric Administration Commissioned Officer Corps Retirement
System</header>
<subsection id="H37915BEBF0A04573AB1E1E831F7BE0BE"><enum>(a)</enum><header>Establishment
and Purpose of NOAA Commissioned Officer Corps Retirement Fund</header>
<paragraph commented="no" display-inline="no-display-inline" id="H6C30153C86BA4FCAA461980072634CD5" indent="up1"><enum>(1)</enum><text>There is established on the books of
the Treasury a fund to be known as the National Oceanic and Atmospheric
Administration Commissioned Officer Corps Retirement Fund (hereinafter in this
section referred to as the <quote>Fund</quote>), which shall be administered by
the Secretary. The Fund shall be used for the accumulation of funds in order to
finance on an actuarially sound basis liabilities of the Department of Commerce
under military retirement and survivor benefit programs for the commissioned
officers corps.</text>
</paragraph><paragraph id="HCC36FE372D3A46AC9654B5B0738CC4F0" indent="up1"><enum>(2)</enum><text>The term <term>military retirement
and survivor benefit program</term> means—</text>
<subparagraph id="HDCD2ED5B85CD49C99CC899F839AD5B98"><enum>(A)</enum><text>the provisions of this title and title
10, United States Code, creating entitlement to, or determining, the amount of
retired pay;</text>
</subparagraph><subparagraph id="H949434CADB1B47A4A8795D380C874C00"><enum>(B)</enum><text>the programs under the jurisdiction of
the Department of Defense providing annuities for survivors and members and
former members of the Armed Forces, including chapter 73 of title 10, section 4
of Public Law 92–425, and section 5 of Public Law 96–202, as made applicable to
the commissioned officer corps by section 261.</text>
</subparagraph></paragraph></subsection><subsection id="H62D7EAD36D0749C58A21E00F67D4248D"><enum>(b)</enum><header>Assets of the
Fund</header><text>There shall be deposited into the Fund the following, which
shall constitute the assets of the Fund:</text>
<paragraph id="HE150B6FC148D470798593F2DA226480E"><enum>(1)</enum><text>Amounts paid into
the Fund under subsection (e).</text>
</paragraph><paragraph id="HDB7B55F398E64C34A44617A20E2D50FB"><enum>(2)</enum><text>Any return on
investment of the assets of the Fund.</text>
</paragraph><paragraph id="HD3E39CE09B5F4A20A2584CD9AFFF36D0"><enum>(3)</enum><text>Amounts
transferred into the Fund pursuant to section 405(b) of the Spending, Deficit,
and Debt Control Act of 2009.</text>
</paragraph></subsection><subsection id="HE08175CEF3DA4A44ABC28EE00EFF7B0E"><enum>(c)</enum><header>Payments From
the Fund</header><text>There shall be paid from the Fund benefits payable on
account of military retirement and survivor benefit programs to commissioned
officers of the commissioned officer corps and their survivors.</text>
</subsection><subsection id="HDE3467482FB647A7B143D783FF16217E"><enum>(d)</enum><header>Determination of
Contributions to the Fund</header><paragraph commented="no" display-inline="yes-display-inline" id="H5FD24F2494F74F0AAB6162365BB85604"><enum>(1)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HD04956F86B754FED8E767C4494EC1A94"><enum>(A)</enum><text>Not later than June 30,
2010, the Secretary shall determine the unfunded liability of the Fund
attributable to service performed as of September 30, 2010, which is
<quote>active service</quote> for the purpose of this title. The Secretary
shall establish an amortization schedule, including a series of annual
installments commencing October 1, 2011, which provides for the liquidation of
such liability by October 1, 2049.</text>
</subparagraph><subparagraph id="HA31E81433E9F442E8DE083FD03784A59" indent="up2"><enum>(B)</enum><text>The Secretary shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year, for each
fiscal year beginning after September 30, 2010, through the fiscal year ending
September 30, 2044, and shall establish a new amortization schedule, including
a series of annual installments commencing on September 30 of the subsequent
fiscal year, which provides for the liquidation of such liability by October 1,
2049.</text>
</subparagraph><subparagraph id="HADB18BD7D0FD42548D28236D89F3A65A" indent="up2"><enum>(C)</enum><text>The Secretary shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year for each
fiscal year beginning after September 30, 2044, and shall establish a new
authorization schedule, including series of annual installments commencing on
October 1 of the second subsequent fiscal year, which provides for the
liquidation of such liability over five years.</text>
</subparagraph></paragraph><paragraph id="H973A4561F7B34D208CAC779F1226936F" indent="up1"><enum>(2)</enum><text>The Secretary shall determine each
fiscal year, in sufficient time for inclusion in the budget request for the
following fiscal year, the total amount of Department of Commerce contributions
to be made to the Fund during that fiscal year under (e). The amount shall be
the product of—</text>
<subparagraph id="H31226A74B00A422086C00EC198C9EF6C"><enum>(A)</enum><text>the current estimate of the value of
the single level percentage of basic pay to be determined under subsection (e)
at the time of the most recent actuarial valuation under paragraph (3);
and</text>
</subparagraph><subparagraph id="H0534C696B84E4BC9B6E0C1E28AE2C13B"><enum>(B)</enum><text>the total amount of basic pay expected
to be paid during that fiscal year to commissioned officers of NOAA on active
duty.</text>
</subparagraph></paragraph><paragraph id="H47C89864EF2142BD9B00640BB174A605" indent="up1"><enum>(3)</enum><text>Not less often then every four years
(or by the fiscal year end before the effective date of any statutory change
affecting benefits payable on account of retirement, disability, or death to
commissioned officers or their survivors), the Secretary shall carry out an
actuarial valuation of benefits payable on account of military retirement and
survivor benefit programs to commissioned officers of the Administration and to
their survivors. Each such actuarial valuation shall be signed by an enrolled
Actuary and shall include a determination (using the aggregate entry-age normal
cost method) of a single level percentage of basic pay for commissioned
officers on active duty.</text>
</paragraph><paragraph id="H5677CD038CFF4E0095CDD9347763A1EA" indent="up1"><enum>(4)</enum><text>All determinations under this section
shall be in accordance with generally accepted actuarial principles and
practices, and, where appropriate, shall follow the general pattern of methods
and assumptions approved by the Department of Defense Retirement Board of
Actuaries.</text>
</paragraph><paragraph id="HCB481715942E46029954F21F99AAA27C" indent="up1"><enum>(5)</enum><text>The Secretary shall provide for the
keeping of such records as are necessary for determining the actuarial status
of the Fund.</text>
</paragraph></subsection><subsection id="HE0B0E8A8BA48442E83A71E4C00AE95E4"><enum>(e)</enum><header>Payments Into
the Fund</header><paragraph commented="no" display-inline="yes-display-inline" id="H1FB1057F00724999ABC479E14FD19800"><enum>(1)</enum><text>From amounts
appropriated to the National Oceanic Atmospheric Administration for salaries
and expenses, the Secretary shall pay into the Fund at the end of each month
the amount that is the product of—</text>
<subparagraph id="H05AE4ABC60C64F9CAE4CB86CCC25460D" indent="up1"><enum>(A)</enum><text>the level percentage of basic pay
determined using all the methods and assumptions approved for the most recent
(as of the first day of the current fiscal year) actuarial valuation under
subsection (d) (except that any statutory change affecting benefits payable on
account of military retirement and survivor benefit programs to commissioned
officers of the Administration and to their survivors that is effective date
after the date of that valuation and on or before the first day of the current
fiscal year shall be used in such determination); and</text>
</subparagraph><subparagraph id="H849CFFEE5920474E87DC3151363E24D1" indent="up1"><enum>(B)</enum><text>the total amount of basic pay accrued
for that month by commissioned officers on active duty.</text>
</subparagraph></paragraph><paragraph id="HC0CBF1F6CC2F4D938D8991C816C195DE" indent="up1"><enum>(2)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HAFD9BE88455D42028FD1AB11FBA51650"><enum>(A)</enum><text>At the beginning of each
fiscal year, the Secretary shall determine the sum of—</text>
<clause id="HB98A9489208243C3BB43F4F8E9BDBEE9" indent="up1"><enum>(i)</enum><text>the amount of the payment for that
year under the amortization of the original unfunded liability of the
Fund;</text>
</clause><clause id="HC8B0C436166D48BF911B37788DFEFEC2" indent="up1"><enum>(ii)</enum><text>the amount (including any negative
amount) for that year under the most recent amortization schedule determined by
the Secretary for the amortization of any cumulative actuarial gain or loss to
the Fund, resulting from changes in benefits; and</text>
</clause><clause id="H8342B40897CA4C71A3A1E582C1F8F2BE" indent="up1"><enum>(iii)</enum><text>the amount (including any negative
amount) for that year under the most recent amortization schedule determined by
the Secretary for the amortization or any cumulative actuarial gain or loss to
the Fund resulting from changes in actuarial assumptions and from experience
different from the assumed since the last valuation.</text>
</clause><continuation-text continuation-text-level="subparagraph" indent="subsection">The Secretary shall promptly certify the amount of
the sum to the Secretary of the Treasury.</continuation-text></subparagraph><subparagraph id="H38E4E02C10F94C60880B96DB9252E1C0" indent="up1"><enum>(B)</enum><text>Upon receiving the certification
pursuant to paragraph (1), the Secretary of the Treasury shall promptly pay
into the Fund from the General Fund of the Treasury the amount so certified.
Such payment shall be the contribution to the Fund for that fiscal year.</text>
</subparagraph></paragraph></subsection><subsection id="HFD2AEAB19EBA4B999C58FAA3A84B52BC"><enum>(f)</enum><header>Investment of
Assets of the Fund</header><text>The Secretary may request the Secretary of the
Treasury to invest such portion of the Fund as is not, in the judgment of the
Secretary, required to meet the current needs of the Fund. Such investments
shall be made by the Secretary of the Treasury in public debt securities with
maturities suitable to the needs of the Fund, as determined by the Secretary,
and bearing interest at rates determined by the Secretary of the Treasury,
taking into consideration current market yields on outstanding marketable
obligations of the United States of comparable maturities. The income of such
investments shall be credited to and form a part of the Fund.</text>
</subsection><subsection id="H26DCA42AA5F14F1B84127CA76D721EA4"><enum>(g)</enum><header>Implementation
Year Exceptions</header><paragraph commented="no" display-inline="yes-display-inline" id="H9D4C6FCDEEA341249CD8171CC74B88E3"><enum>(1)</enum><text>To avoid funding
shortfalls in the first year should formal actuarial determinations not be
available in time for budget preparation, the amounts used in the first year in
subsection (e)(1)(A) shall be set equal to the estimate in subsection (d)(2)(A)
if final determinations are not available. The original unfunded liability as
determined in subsection (d)(1) shall include an adjustment to correct for this
difference between the formal actuarial determinations and the estimates in
subsection
(d)(2)(A).</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H4472BCE160994EEEA8F455D54C0C2D44"><enum>(b)</enum><header>Transfer of
Appropriations</header><text>There shall be transferred on October 1, 2012,
into the fund established under section 246A(a) of the National Oceanic and
Atmospheric Administration Commissioned Officer Corps Act of 2002 (title II of
Public Law 107–372, as added by subsection (a)), any obligated and unobligated
balance of appropriations made to the Department of Commerce that are available
as of the date of the enactment of this Act for benefits payable on account of
military retirement and survivor benefit programs to commissioned officers of
the NOAA Commissioned Officer Corps and to their survivors, and amounts so
transferred shall be part of the assets of the Fund, effective October 1,
2012.</text>
</subsection><subsection id="HAE27495062D64C3EB11B0F901BE02FE1"><enum>(c)</enum><header>Effective
Date</header><text>Subsection (c) (relating to payments from the Fund) and (e)
(relating to payments into the Fund) of section 246A of the National Oceanic
and Atmospheric Administration Commissioned Officer Corps Act of 2002 (title II
of Public Law 107–372, as added by subsection (a)), shall take effect on
October 1, 2010.</text>
</subsection></section><section id="H0FE0DC644CC04A3AA75647C6CA18DF12"><enum>506.</enum><header>Coast Guard
Military Retirement System</header>
<subsection id="H56DD64F639914C0CA9B08EB5C93FD3FC"><enum>(a)</enum><header>Accrual Funding
for Coast Guard Retirement</header>
<paragraph id="H9E4D343BB1544A9BA04A7F40EE76942F"><enum>(1)</enum><header>In
general</header><text>Chapter 11 of title 14, United States Code, is amended by
adding at the end the following new subchapter:</text>
<quoted-block id="H9E25C74BA69949E5B84F732D2633A25D" style="USC">
<subchapter id="HABB81CA588854806B928688A5D1340F6"><enum>V</enum><header>COAST GUARD
MILITARY RETIREMENT FUND</header>
<section id="H9637BB28EFC14F119C5974714B621577"><enum>441.</enum><header>Establishment
and purpose of Fund; definitions</header>
<subsection id="H30044302063E41B18A9967F2C145FF2A"><enum>(a)</enum><header>Establishment of
Fund; Purpose</header><text>There is established on the books of the Treasury a
fund to be known as the Coast Guard Military Retirement Fund (hereinafter in
this subchapter referred to as the <quote>Fund</quote>), which shall be
administered by the Secretary. The Fund shall be used for the accumulations of
funds in order to finance on an actuarially sound basis liabilities of the
Coast Guard under military retirement and survivor benefit programs.</text>
</subsection><subsection id="H2F7ED9A750B8431B8417DF434B44BB06"><enum>(b)</enum><header>Military
Retirement and Survivor Benefit Programs Defined</header><text>In this
subchapter, the term <term>military retirement and survivor benefit
programs</term> means—</text>
<paragraph id="H80574F44A20C4E1C868EB719E9B6DAAF"><enum>(1)</enum><text>the provisions of
this title and title 10 creating entitlement to, or determining the amount of,
retired pay;</text>
</paragraph><paragraph id="HE35708B963A440FEAF5FDE460ECFC09C"><enum>(2)</enum><text>the programs
providing annuities for survivors of members and former members of the armed
forces, including chapter 73 of title 10, section 4 of Public Law 92–425, and
section 5 of Public Law 96–402; and</text>
</paragraph><paragraph id="H80897680F3A1476F93B04808D3F23027"><enum>(3)</enum><text>the authority
provided in section 1048(h) of title 10.</text>
</paragraph></subsection><subsection id="H038959B1C40342458ADB1F232713AC44"><enum>(c)</enum><header>Secretary
Defined</header><text>In this subchapter, the term <term>Secretary</term> means
the Secretary of Homeland Security when the Coast Guard is not operating as a
service in the Navy and the Secretary of Defense when the Coast Guard is
operating as a service in the Navy.</text>
</subsection></section><section id="HB80ED0E0005C4C19BB4E1600FDA90CC6"><enum>442.</enum><header>Assets of the
Fund</header><text display-inline="no-display-inline">There shall be deposited
into the Fund the following, which shall constitute the assets of the
Fund:</text>
<paragraph id="H047C9DB836F341E0B45D51086D95A6AE"><enum>(1)</enum><text>Amounts paid into
the Fund under section 445 of this title.</text>
</paragraph><paragraph id="HC7FF270E1F57417190C33D97956EDDDE"><enum>(2)</enum><text>Any return on
investment of the assets of the Fund.</text>
</paragraph><paragraph id="HAFBDCABF9B8A44DAB07D778DD687AA36"><enum>(3)</enum><text>Amounts
transferred into the Fund pursuant to section 406(d) of the Spending, Deficit,
and Debt Control Act of 2009.</text>
</paragraph></section><section id="H2ABEA93F834F4FE2895F1E6BB89C2689"><enum>443.</enum><header>Payments from
the Fund</header>
<subsection id="H585A0CCE40C24A0BB7AA4AB30957A3CF"><enum>(a)</enum><header>In
General</header><text>There shall be paid from the Fund the following:</text>
<paragraph id="H27B8F71292DF4309BF777618A03078DE"><enum>(1)</enum><text>Retired pay
payable to persons on the retired list of the Coast Guard.</text>
</paragraph><paragraph id="H78AEB38FD9394C2B8840D7FC33F61488"><enum>(2)</enum><text>Retired pay
payable under chapter 1223 of title 10 to former members of the Coast Guard and
the former United States Lighthouse Service.</text>
</paragraph><paragraph id="H924A73747DD74A69AE2DC94E53606E13"><enum>(3)</enum><text>Benefits payable
under programs that provide annuities for survivors of members and former
members of the armed forces, including chapter 73 of title 10, section 4 of
Public Law 92–425, and section 5 of Public Law 96–402.</text>
</paragraph><paragraph id="HC623D4265C4F4D89B801E44A95404316"><enum>(4)</enum><text>Amounts payable
under section 1048(h) of title 10.</text>
</paragraph></subsection><subsection id="HD2CC5FDC2F794C70AA8BA6423F9BDA58"><enum>(b)</enum><header>Availability of
Assets of the Fund</header><text>The assets of the Fund are hereby made
available for payments under subsection (a).</text>
</subsection></section><section id="H79D56990610E4E7794BC2BD894C2179C"><enum>444.</enum><header>Determination
of contributions to the Fund</header>
<subsection id="H6D6EF20550704B0686FC8FA0F22C1891"><enum>(a)</enum><header>Initial Unfunded
Liability</header><paragraph commented="no" display-inline="yes-display-inline" id="H641B66FEE70F4314BB340806629601FA"><enum>(1)</enum><text>Not later than June 30,
2011, the Secretary shall determine the unfunded liability of the Fund
attributable to service performed as of September 30, 2010, which is
<quote>active service</quote> for the purposes of section 212. The Secretary
shall establish an amortization schedule, including a series of annual
installments commencing October 1, 2011, which provides for the liquidation of
such liability by October 1, 2049.</text>
</paragraph><paragraph id="H1E4470D74A934E55B7D93C7F4E0FB241" indent="up1"><enum>(2)</enum><text>The Secretary shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year, for each
beginning after September 30, 2010, through the fiscal year ending September
30, 2044, and shall establish a new amortization schedule, including a series
of annual installments commencing on October 1 of the second subsequent fiscal
year, which provides for the liquidation of such liability by October 1,
2049.</text>
</paragraph><paragraph id="HBF327C4CE24E4D32A3865A6F35D2DD51" indent="up1"><enum>(3)</enum><text>The Secretary shall redetermine the
unfunded liability of the Fund as of the close of the fiscal year for each
fiscal year beginning after September 30, 2044, and shall establish a new
amortization schedule, including a series of annual installments commencing on
October 1 of the second subsequent fiscal year, which provides for the
liquidation of such liability over five years.</text>
</paragraph></subsection><subsection id="H29C7184D838F4524B522212C343FF9C8"><enum>(b)</enum><header>Annual
Contributions for Current Services</header><paragraph commented="no" display-inline="yes-display-inline" id="H5DDC64ACF95240A2AD7F492F34F55F25"><enum>(1)</enum><text>The Secretary shall
determine each fiscal year, in sufficient time for inclusion in the budget
request for the following fiscal year, the total amount of Department of
Homeland Security, or Department of Defense, contributions to be made to the
Fund during that fiscal year under section 445(a) of this title. That amount
shall be the sum of the following:</text>
<subparagraph id="HAF4AF55B5E82453A82485F9766713EB6" indent="up1"><enum>(A)</enum><text>The product of—</text>
<clause id="H4474D554174D4FEFBD0F6B18E2F6964A"><enum>(i)</enum><text>the current estimate of the value
of the single level percentage of basic pay to be determined under subsection
(c)(1)(A) at the time of the most recent actuarial valuation under subsection
(c); and</text>
</clause><clause id="HA6EEC865E8FF4C138346B7D940EB94C4"><enum>(ii)</enum><text>the total amount of basic pay
expected to be paid during that fiscal year to members of the Coast Guard on
active duty (other than active duty for training).</text>
</clause></subparagraph><subparagraph id="H67D69EF58AA044EC9FCDBBFA55BC3831" indent="up1"><enum>(B)</enum><text>The product of—</text>
<clause id="H19E40A990CF044DE863A8961E6C0BA79"><enum>(i)</enum><text>the current estimate of the value
of the single level percentage of basic pay and of compensation (paid pursuant
to section 206 of title 37) to be determined under subsection (c)(1)(B) at the
time of the most recent actuarial valuation under subsection (c); and</text>
</clause><clause id="H6830B723AD084D738AB776FB68C584A5"><enum>(ii)</enum><text>the total amount of basic pay and
compensation (paid pursuant to section 206 of title 37) expected to be paid
during that fiscal year to members of the Coast Guard Ready Reserve (other than
members on full-time Reserve duty other than for training) who are not
otherwise described in subparagraph (A)(ii).</text>
</clause></subparagraph></paragraph><paragraph id="HA40418E53F3D4012B1DBF2C01938DD3D" indent="up1"><enum>(2)</enum><text>The amount determined under paragraph
(1) for any fiscal year is the amount needed to be appropriated to the
Department of Homeland Security for that fiscal year for payments to be made to
the Fund during that year under section 445(a) of this title. The President
shall include not less than the full amount so determined in the budget
transmitted to Congress for that fiscal year under section 1105 of title 31.
The President may comment and make recommendations concerning any such
amount.</text>
</paragraph></subsection><subsection id="HB14337CED5494FCD99D6B8A703DFCF5C"><enum>(c)</enum><header>Periodic
Actuarial Valuations</header><paragraph commented="no" display-inline="yes-display-inline" id="H1C1BE5FFBEBF4EBEAAD8038ABEDC7CBC"><enum>(1)</enum><text>Not less often than
every four years (or before the effective date of any statutory change
affecting benefits payable on account of retirement, disability, or death to
members of the Coast Guard or their survivors), the Secretary shall carry out
an actuarial valuation of the Coast Guard military retirement and survivor
benefit programs. Each actuarial valuation of such programs shall be signed by
an enrolled actuary and shall include—</text>
<subparagraph id="H3DF22CDE6479441B8C886E7C2CD971B2" indent="up1"><enum>(A)</enum><text>a determination (using the aggregate
entry-age normal cost method) of a single level percentage of basic pay for
members of the Coast Guard on active duty (other than active duty for
training); and</text>
</subparagraph><subparagraph id="H5DC1D2DEFF024F4F9D5C3D17D5FA2DEC" indent="up1"><enum>(B)</enum><text>a determination (using the aggregate
entry-age normal cost method) of single level percentage of basic pay and of
compensation (paid pursuant to section 206 of title 37) for members of the
Ready Reserve of the Coast Guard (other than members on full-time Reserve duty
other than for training) who are not otherwise described in subparagraph
(A).</text>
</subparagraph></paragraph><paragraph id="H1DEFA4947A094221B28E07C03084DE67" indent="up1"><enum>(2)</enum><text>Such single level percentages shall
be used for the purposes of subsection (b) and section 445(a) of this
title.</text>
</paragraph></subsection><subsection id="HBEC3D88C51BA4696A268BA5D27E81A7A"><enum>(d)</enum><header>Use of Generally
Accepted Actuarial Principles and Practices</header><text>All determinations
under this section shall be in accordance with generally accepted actuarial
principles and practices and, where appropriate, shall follow the general
pattern of methods and assumptions approved by the Department of Defense
Retirement Board of Actuaries.</text>
</subsection><subsection id="HE058DC81917443769B92CAE6D9616A97"><enum>(e)</enum><header>Records</header><text>The
Secretary shall provide for the keeping of such records as are necessary for
determining the actuarial status of the Fund.</text>
</subsection></section><section id="HF6FCD27D38D7474AA89D4866FEC64507"><enum>445.</enum><header>Payments into
the Fund</header>
<subsection id="HA035C8CAA12F4C4F962D90E01E940498"><enum>(a)</enum><header>Monthly Accrual
Charge for Current Services</header><text>From amounts appropriated to the
Coast Guard for salaries and expenses, the Secretary shall pay into the Fund at
the end of each month as the Department of Homeland Security, or Department of
Defense, contribution to the Fund for that month the amount that is the sum of
the following:</text>
<paragraph id="HAB76B585B3D343E9A8B91FDCE7CBF39E"><enum>(1)</enum><text>The product
of—</text>
<subparagraph id="H660E7F6D0BB145098BB6451250063F15"><enum>(A)</enum><text>the level
percentage of basic pay determined using all the methods and assumptions
approved for the most recent (as of the first day of the current fiscal year)
actuarial valuation under section 444(c)(1)(A) of this title (except that any
statutory change in the military retirement and survivor benefit systems that
is effective after the date of that valuation and on or before the first day of
the current fiscal year shall be used in such determination); and</text>
</subparagraph><subparagraph id="H55C23A40516A4A8D80C87DF2819E0E24"><enum>(B)</enum><text>the total amount
of basic pay accrued for that month by members of the Coast Guard on active
duty (other than active duty for training).</text>
</subparagraph></paragraph><paragraph id="HF2A801F9FCC242789BACD07C678EA36B"><enum>(2)</enum><text>The product
of—</text>
<subparagraph id="HFA5553E3E9674CEBAF22E9822120F02D"><enum>(A)</enum><text>the level
percentage of basic pay and compensation (accrued pursuant to section 206 of
title 37) determined using all the methods and assumptions approved for the
most recent (as of the first day of the current fiscal year) actuarial
valuation under section 444(c)(1)(B) of this title (except that any statutory
change in the military retirement and survivor benefit systems that is
effective after the date of that valuation and on or before the first day of
the current fiscal year shall be used in such determination); and</text>
</subparagraph><subparagraph id="H824B079FFA7F42F6A9E38DE06C590420"><enum>(B)</enum><text>the total amount
of basic pay and of compensation (paid pursuant to section 206 of title 37)
accrued for that month by members of the Ready Reserve (other than members of
full-time Reserve duty other than for training) who are not otherwise described
in paragraph (1)(B).</text>
</subparagraph></paragraph></subsection><subsection id="HE008AFA2D5B94733BE77B9E4DCF5AE39"><enum>(b)</enum><header>Annual Payment
for Unfunded Liabilities</header><paragraph commented="no" display-inline="yes-display-inline" id="H69F7A592BE3442249B6585671A9FC65E"><enum>(1)</enum><text>At the beginning of each
fiscal year, beginning on October 1, 2011, the Secretary shall certify to the
Secretary of the Treasury the amount of the first installment under the most
recent amortization schedule established under section 254(a). The Secretary of
the Treasury shall promptly pay into the Fund from the General Fund of the
Treasury the amount so certified. Such payment shall be the contribution to the
Fund for that fiscal year.</text>
</paragraph></subsection></section><section id="HB808B692AC524FD5B377E75935A34E83"><enum>446.</enum><header>Investment of
assets of the Fund</header><text display-inline="no-display-inline">The
Secretary may request the Secretary of the Treasury to invest such portion of
the Fund as is not, in the judgment of the Secretary, required to meet the
current needs of the Fund. Such investments shall be made by the Secretary of
the Treasury in public debt securities with maturities suitable to the needs of
the Fund, as determined by the Secretary, and bearing interest at rates
determined by the Secretary of the Treasury, taking into consideration current
market yields on outstanding marketable obligations of the United States of
comparable maturities. The income on such investments shall be credited to and
form a part of the
Fund.</text>
</section></subchapter><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HA96E00BDD648415C8E580DAE76139F52"><enum>(2)</enum><header>Technical
amendments</header><text>Such chapter is further amended—</text>
<subparagraph id="H6DD5F56E93364FC2B819C21AE8CF8695"><enum>(A)</enum><text>by amending the
center heading after the table of sections to read as follows:</text>
<quoted-block id="H4FA331339B2C4B81BBC07BF0255D0EA3" style="USC">
<subchapter id="HEC2B1400DD92416E94A4FFC37C308B61"><enum>I</enum><header>OFFICERS</header>
</subchapter><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="H2E7D4D291FD54823AFB5A3457897B7EF"><enum>(B)</enum><text>by amending the
center heading after section 336 to read as follows:</text>
<quoted-block id="H6A5A1A4A533947D0BFEBC55D1EE36369" style="USC">
<subchapter id="H1F4549383F2D45D985C4056F030D1D46"><enum>II</enum><header>ENLISTED
MEMBERS</header>
</subchapter><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="HED6B2D2204CC47E9B6FF4778F9117939"><enum>(C)</enum><text>by amending the
center heading after section 373 to read as follows:</text>
<quoted-block id="H1E8FB6BBAB1C47178BA4E72665FB84F5" style="USC">
<subchapter id="HB7E4CF927D484BEAA5D405B17EF43A26"><enum>III</enum><header>GENERAL
PROVISIONS</header>
</subchapter><after-quoted-block>;</after-quoted-block></quoted-block><list list-type="none">
<list-item>and</list-item></list>
</subparagraph><subparagraph id="H9B1EE89EDA1F4D70AE671E8022FD9828"><enum>(D)</enum><text>by amending the
center heading after section 425 to read as follows:</text>
<quoted-block id="H8612662D79574255877B07339FEB6291" style="USC">
<subchapter id="H304A4AFEB93640CEA2B5B1D51214A6D1"><enum>IV</enum><header>SPECIAL
PROVISIONS</header>
</subchapter><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="H8E68690C1CA046578DF9415E746D33BE"><enum>(3)</enum><header>Clerical
amendments</header><text>The table of sections at the beginning of such chapter
is amended—</text>
<subparagraph id="H5265E32BFE79484EBB2921B2EBBB0E5C"><enum>(A)</enum><text>by striking
<quote><header-in-text level="subchapter" style="USC">officers</header-in-text></quote> at the beginning of the table and
inserting <quote><header-in-text level="subchapter" style="USC">subchapter
I—officers</header-in-text></quote>;</text>
</subparagraph><subparagraph id="H05168CF1DC0E478F90545E354EFB0F29"><enum>(B)</enum><text>by striking
<quote><header-in-text level="subchapter" style="USC">enlisted
members</header-in-text></quote> after the item relating to section 336 and
inserting <quote><header-in-text level="subchapter" style="USC">subchapter
ii—enlisted members</header-in-text></quote>;</text>
</subparagraph><subparagraph id="H2F13247382B04D029944C17E582BB067"><enum>(C)</enum><text>by striking
<quote><header-in-text level="subchapter" style="USC">general
provisions</header-in-text></quote> after the item relating to section 373 and
inserting <quote><header-in-text level="subchapter" style="USC">subchapter
iii—general provisions</header-in-text></quote>;</text>
</subparagraph><subparagraph id="HE1690CDAF51E49B2BD86B4BD6D679025"><enum>(D)</enum><text>by striking
<quote><header-in-text level="subchapter" style="USC">special
provisions</header-in-text></quote> after the item relating to section 425 and
inserting <quote><header-in-text level="subchapter" style="USC">subchapter
iv—special provisions</header-in-text></quote>; and</text>
</subparagraph><subparagraph id="H17F917F0E9134F26B9755F3859D4E232"><enum>(E)</enum><text>by adding at the
end the following:</text>
<quoted-block id="H768D50294538418DAA791CC847B53E37" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="subchapter">SUBCHAPTER V—COAST GUARD MILITARY
RETIREMENT FUND</toc-entry>
<toc-entry level="section">441. Establishment and purpose of Fund;
definitions.</toc-entry>
<toc-entry level="section">442. Assets of the Fund.</toc-entry>
<toc-entry level="section">443. Payments from the Fund.</toc-entry>
<toc-entry level="section">444. Determination of contributions to the
Fund.</toc-entry>
<toc-entry level="section">445. Payments into the Fund.</toc-entry>
<toc-entry level="section">446. Investment of assets of the
Fund.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="HC43068D57A844ADA875BB868D882D6F0"><enum>(b)</enum><header>Implementation
Year Exceptions</header><text>To avoid funding shortfalls in the first year of
implementation of subchapter V of chapter 11 of title 14, United States Code,
as added by subsection (a), if formal actuarial determinations are not
available in time for budget preparation, the amounts used in the first year
under sections 445(a)(1)(A) and 445(a)(2)(A) of such title shall be set equal
to those estimates in sections 444(b)(1)(A)(i) and 444(b)(1)(B)(i),
respectively, of such title if final determinations are not available. The
original unfunded liability, as defined in section 444(a) of such title, shall
include an adjustment to correct for this difference between the formal
actuarial determinations and the estimates in sections 444(b)(1)(A)(i) and
444(b)(1)(B)(i) of such title.</text>
</subsection><subsection id="H4A030806764B4B02B7697F47A4F3DC08"><enum>(c)</enum><header>Transfer of
Existing Balances</header>
<paragraph id="H6FC0BD00359C4629963C4504303A61B0"><enum>(1)</enum><header>Transfer</header><text>There
shall be transferred into the Fund on October 1, 2011, any obligated and
unobligated balances of appropriations made to the Department of Homeland
Security that are currently available for retired pay, and amounts so
transferred shall be part of the assets of the Fund.</text>
</paragraph><paragraph id="H1DC07381789F49AFBF595F8A7297EC82"><enum>(2)</enum><header>Fund
defined</header><text>For purposes of paragraph (1), the term <term>Fund</term>
means the Coast Guard Military Retirement Fund established under section 441 of
title 14, United States Code, as added by subsection (a).</text>
</paragraph></subsection><subsection id="HAFC565F329BA451D853EC3C73C0C3135"><enum>(d)</enum><header>Effective
Date</header><text>Sections 443 (relating to payments from the Fund) and 445
(relating to payments into the Fund) of title 14, United States Code, as added
by subsection (a), shall take effect on October 1, 2011.</text>
</subsection></section></subtitle><subtitle id="H068C7E23B244449E89DCF6E7921BA613"><enum>B</enum><header>Accrual Funding of
Post-Retirement Health Benefits Costs for Federal Employees</header>
<section id="HCF74A5F455894FEF820B8565E62CFAD0"><enum>511.</enum><header>Federal
Employees Health Benefits Fund</header>
<subsection id="HA8F3A06858314AFCB99964CB8FC614E2"><enum>(a)</enum><text>Section 8906 of
title 5, United States Code, is amended—</text>
<paragraph id="H5B7C6128C4644130A37CE6C1522CE129"><enum>(1)</enum><text>by redesignating
subsection (c) as subsection (c)(1) and by adding at the end the following new
paragraphs:</text>
<quoted-block id="H58943CE0D2844E759EBF8DE0BBC1D3EA" style="OLC">
<paragraph id="HF2D0F3C560684EE1A07C815757167679" indent="up1"><enum>(2)</enum><text>In addition to Government
contributions required by subsection (b) and paragraph (1), each employing
agency shall contribute amounts as determined by the Office to be necessary to
prefund the accruing actuarial cost of post-retirement health benefits for each
of the agency’s current employees who are eligible for Government contributions
under this section. Amounts under this paragraph shall be paid by the employing
agency separate from other contributions under this section, from the
appropriations or fund used for payment of the salary of the employee, on a
schedule to be determined by the Office.</text>
</paragraph><paragraph id="H2CDE65DFA2FB4620A0E3BF7481797241" indent="up1"><enum>(3)</enum><text>Paragraph (2) shall not apply to the
United States Postal Service or the Government of the District of
Columbia.</text>
</paragraph><after-quoted-block></after-quoted-block></quoted-block>
</paragraph><paragraph id="H496C8D6595B44FC19AC95953D17F2FFE"><enum>(2)</enum><text>by amending
subsection (g)(1) to read as follows:</text>
<quoted-block id="H1E7699F2502645489F7103D5480058CE" style="OLC">
<subsection id="H2753BC21CC5C48D08DB7897CA2F6B9D4"><enum>(g)</enum><paragraph commented="no" display-inline="yes-display-inline" id="H0D0F323CFFF54C1E9E09D1BD372D765C"><enum>(1)</enum><text>Except as provided in
paragraphs (2) and (3), all Government contributions authorized by this section
for health benefits for an annuitant shall be paid from the Employees Health
Benefits Fund to the extent that funds are available in accordance with section
8909(h)(6) and, if necessary, from annual appropriations which are authorized
to be made for that purpose and which may be made available until
expended.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HBCCC65ED46724A0F86186C755AC893ED"><enum>(b)</enum><text>Section 8909 of
title 5, United States Code, is amended by adding at the end the following new
subsection:</text>
<quoted-block id="H0C7E7958C23740FB8AC0E0CCE50F2CA5" style="OLC">
<subsection id="HD1AF346A923A435E9FE6DFD6CAEC6637"><enum>(h)</enum><paragraph commented="no" display-inline="yes-display-inline" id="HE3877CBBD8A5433C8B9FE752F69D5461"><enum>(1)</enum><text>Not later than June 30,
2012, the Office shall determine the existing liability of the Fund for
post-retirement health benefits, excluding the liability of the United States
Postal Service for service under section 8906(g)(2), under this chapter as of
September 30, 2012. The Office shall establish an amortization schedule,
including a series of annual installments commencing September 30, 2012, which
provides for the liquidation of such liability by September 30, 2048.</text>
</paragraph><paragraph id="HC9A394DD4AC344E3AB72078391B9311A" indent="up1"><enum>(2)</enum><text>At the close of each fiscal year, for
fiscal years beginning after September 30, 2011, the Office shall determine the
supplemental liability of the Fund for post-retirement health benefits,
excluding the liability attributable to the United States Postal Service for
service subject to section 8906(g)(2), and shall establish an amortization
schedule, including a series of annual installments commencing on September 30
of the subsequent fiscal year, which provides for liquidation of such
supplemental liability over 30 years.</text>
</paragraph><paragraph id="HE3E16499F6524251B07895962AB20499" indent="up1"><enum>(3)</enum><text>Amortization schedules established
under this paragraph shall be set in accordance with generally accepted
actuarial practices and principles.</text>
</paragraph><paragraph id="HCE57DC8B36D14F2F871E60574224341F" indent="up1"><enum>(4)</enum><text>At the end of each fiscal year on and
after September 30, 2012, the Office shall notify the Secretary of the Treasury
of the amounts of the next installments under the most recent amortization
schedules established under paragraphs (1) and (2). Before closing the accounts
for the fiscal year, the Secretary shall credit the sum of these amounts
(including in that sum any negative amount for the amortization of the
supplemental liability) to the Fund, as a Government contribution, out of any
money in the Treasury of the United States not otherwise appropriated.</text>
</paragraph><paragraph id="H1766DB6F3A2642B78424ACB1B0154ECC" indent="up1"><enum>(5)</enum><text>For the purpose of carrying out
paragraphs (1) and (2), the Office shall perform or arrange for actuarial
determinations and valuations and shall prescribe retention of such records as
it considers necessary for making periodic actuarial valuations of the
Fund.</text>
</paragraph><paragraph id="H6558821E053847E4B985E9696A29176B" indent="up1"><enum>(6)</enum><text>Notwithstanding subsection (b), the
amounts deposited into the Fund pursuant to this subsection and section
8906(C)(2) to prefund post-retirement health benefits costs shall be segregated
within the Fund so that such amounts, as well as earnings and proceeds under
subsection (c) attributable to them, may be used exclusively for the purpose of
paying Government contributions for post-retirement health benefits costs. When
such amounts are used in combination with amounts withheld from annuitants to
pay for health benefits, a portion of the contributions shall then be set aside
in the Fund as described in subsection (b).</text>
</paragraph><paragraph id="H8092A2967C264E74A09F249D460C6480" indent="up1"><enum>(7)</enum><text>Under this subsection,
<quote>supplemental liability</quote> means—</text>
<subparagraph id="H9D05A61654254B5C82B3A227771F46C7"><enum>(A)</enum><text>the actuarial present value for future
post-retirement health benefits that are the liability of the Fund, less</text>
</subparagraph><subparagraph id="H83C77D4D1C9844BE9215A99813E7F746"><enum>(B)</enum><text>the sum of—</text>
<clause id="H1E102DADC28B4ABA8EF1F7F6B3CD859C"><enum>(i)</enum><text>the actuarial present value of all
future contributions by agencies and annuitants to the Fund toward those
benefits pursuant to section 8906;</text>
</clause><clause id="H36412FCD9C384BEC8B783413F9BE85FB"><enum>(ii)</enum><text>the present value of all scheduled
amortization payments to the Fund pursuant to paragraphs (1) and (2);</text>
</clause><clause id="HB545A499224C439BB67D1ACDE61DF2DD"><enum>(iii)</enum><text>the Fund balance as of the date
the supplemental liability is determined, to the extent that such balance is
attributable to post-retirement benefits; and</text>
</clause><clause id="HBD04A8CB92F947CABE7A490F0899BEB5"><enum>(iv)</enum><text>any other appropriate amount, as
determined by the Office in accordance with generally accepted actuarial
practices and
principles.</text>
</clause></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H389BA5AB8EB142ECBFE7314F8D8B6187"><enum>512.</enum><header>Funding
Uniformed Services health benefits for all retirees</header><text display-inline="no-display-inline">Title 10, United States Code, is
amended—</text>
<paragraph id="H27087092CF974BAD92B794E03A65B6D1"><enum>(1)</enum><text>in the title of
chapter 56, by striking <quote><header-in-text level="chapter" style="USC">DEPARTMENT OF DEFENSE MEDICARE-ELIGIBLE</header-in-text></quote>
and inserting <quote><header-in-text level="chapter" style="USC">UNIFORMED
SERVICES</header-in-text></quote>;</text>
</paragraph><paragraph id="HC0B8D2832CB64132899A2811B7909083"><enum>(2)</enum><text>in section
1111—</text>
<subparagraph id="H42A01766C07F4936A582ACFE48797F04"><enum>(A)</enum><text>in subsection
(a)—</text>
<clause id="H119098CAAD294EC6B5A51E729B6EC7C1"><enum>(i)</enum><text>by
striking <quote>Department of Defense Medicare-Eligible</quote> and inserting
<quote>Uniformed Services</quote>;</text>
</clause><clause id="HF0A343248C00432F8467F593C2E97B8D"><enum>(ii)</enum><text>by
striking <quote>Department of Defense under</quote>; and</text>
</clause><clause id="H9AA63E33A2254C578D0E48A6DCDC1B45"><enum>(iii)</enum><text>by
striking <quote>for Medicare-eligible beneficiaries</quote>;</text>
</clause></subparagraph><subparagraph id="H2BA75218BB654F78BA1E0C1D6EA7FF20"><enum>(B)</enum><text>in subsection
(c)—</text>
<clause id="H5B1D5B89C0FB429D8B3A8B9EBFEA2205"><enum>(i)</enum><text>by
striking <quote>The Secretary of Defense may</quote> and inserting <quote>The
Secretary of Defense shall</quote>;</text>
</clause><clause id="H4CE5419E6265429892A6D04BD8919203"><enum>(ii)</enum><text>by
striking <quote>with any other</quote> and inserting <quote>with
each</quote>;</text>
</clause><clause id="H9CB89EE6AA0F48168EFDBC870AB5504A"><enum>(iii)</enum><text>by
striking <quote>Any such agreement</quote> and inserting <quote>Such
agreements</quote>; and</text>
</clause><clause id="HF556F0A247DE4190B2B6627477A6E6A2"><enum>(iv)</enum><text>by
striking <quote>administering Secretary may</quote> and inserting
<quote>administrative Secretary shall</quote>;</text>
</clause></subparagraph></paragraph><paragraph id="HACE515DA760A46188FF7925E298EB875"><enum>(3)</enum><text>in section
1113—</text>
<subparagraph id="H26ACE2AF458949BDA9DD693967CCD155"><enum>(A)</enum><text>in subsection
(a)—</text>
<clause id="H935DC45A9C15420F92280C171233D2C7"><enum>(i)</enum><text>by
striking <quote>and are Medicare eligible</quote>;</text>
</clause><clause id="HD8F23E2F0E4B469DA5A6AB7392E74203"><enum>(ii)</enum><text>by
striking <quote>who are Medicare eligible</quote>; and</text>
</clause><clause id="HCE39AEEF1C244E078798D8649C3084B4"><enum>(iii)</enum><text>by
adding at the end the following new sentence: <quote>For the fiscal year
starting October 1, 2010, only, the payments will be solely for the costs of
members or former members of a uniformed service who are entitled to retired or
retainer pay and are Medicare-eligible, and eligible dependents or survivors
who are Medicare-eligible.</quote>;</text>
</clause></subparagraph><subparagraph id="H6DEE9A363BC249459D84B9B027585BC9"><enum>(B)</enum><text>in subsection
(c)(1), by striking <quote>who are Medicare-eligible</quote>;</text>
</subparagraph><subparagraph id="H77945EA39EAB4CD5992CCBFD1DA593F8"><enum>(C)</enum><text>in subsection (d),
by striking <quote>who are Medicare-eligible</quote>; and</text>
</subparagraph><subparagraph id="H56F6FBA335454C1280E0C63E456287D4"><enum>(D)</enum><text>in subsection (f),
by striking <quote>If</quote> and inserting <quote>When</quote>;</text>
</subparagraph></paragraph><paragraph id="H75FA1CC7B32645F382D3DDCEC434B7AB"><enum>(4)</enum><text>in section 1114,
in subsection (a)(1), by striking <quote>Department of Defense
Medicare-Eligible</quote> and inserting <quote>Uniformed
Services</quote>;</text>
</paragraph><paragraph id="H86F9FE8FE79A4BB89359A1847C73B2FB"><enum>(5)</enum><text>in section
1115—</text>
<subparagraph id="H8D4960E1A1584D93ABB6834EADB8133C"><enum>(A)</enum><text>in subsection
(b)(2), by striking <quote>The amount determined under paragraph (1) for any
fiscal year is the amount needed to be appropriated to the Department of
Defense (or to the other executive department having jurisdiction over the
participating uniformed service)</quote> and inserting <quote>The amount
determined under paragraph (1), or the amount determined under section 1111(c)
for a participating uniformed service, for any fiscal year, is the amount
needed to be appropriated to the Department of Defense (or to any other
executive department having jurisdiction over a participating uniformed
service)</quote>;</text>
</subparagraph><subparagraph id="HD7E3FC4CCDDE49BCA62173DD3CD7A8E0"><enum>(B)</enum><text>in subsection
(c)(2), by striking <quote>for Medicare eligible beneficiaries</quote>;
and</text>
</subparagraph><subparagraph id="HE208FA2E43864532A032EE759E14E69B"><enum>(C)</enum><text>by adding at the
end the following new subsection:</text>
<quoted-block id="H00BD272977C74F058AF764E20748EA2D" style="OLC">
<subsection id="H7E684AEC818B47208FE8D94DD792BDC2"><enum>(f)</enum><text>For the fiscal
year starting October 1, 2010, only, the amounts in this section shall be based
solely on the costs of Medicare-eligible benefits of beneficiaries and the
costs for their eligible dependents or survivors who are Medicare-eligible, and
shall be recalculated thereafter to reflect the cost of beneficiaries defined
in section
1111.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="H3C2D5CECDE0449A482FE3EED898FF6BB"><enum>(6)</enum><text>in section
1116—</text>
<subparagraph commented="no" id="H6A957AC816E74346BCE23CAE201EE004"><enum>(A)</enum><text>in subsection
(a)(1)(A), by striking <quote>for Medicare-eligible
beneficiaries</quote>;</text>
</subparagraph><subparagraph id="H719636A577774CD1AF2B6A140E0C5990"><enum>(B)</enum><text>in subsection
(a)(2)(A), by striking <quote>for Medicare-eligible beneficiaries</quote>;
and</text>
</subparagraph><subparagraph id="H318DB530B2BF473B89A901D2F73BD1CD"><enum>(C)</enum><text>in subsection (c),
by striking <quote>subsection (a) shall be paid from funds available for the
health care programs</quote> and inserting <quote>subsection (a) and section
1111(c) shall be paid from funds available for the pay of members of the
participating uniformed services under the jurisdiction of the respective
administering secretaries</quote>.</text>
</subparagraph></paragraph></section><section id="H212EAC197E77420689B0DA3477720500"><enum>513.</enum><header>Effective
date</header><text display-inline="no-display-inline">Except as otherwise
provided, this title shall take effect upon enactment with respect to fiscal
years beginning after 2014.</text>
</section></subtitle><subtitle id="HBB69D6D2214B45A297BCAE6812464187"><enum>C</enum><header>Earmark
Reform</header>
<section id="HE41044B8EA344CB5A4AD26225468CE29" indent="down1" section-type="subsequent-section"><enum>521.</enum><header>Joint Select
Committee on Earmark Reform</header>
<subsection id="H24E8C4CE5993469EA566E8DEB278C318" indent="up1"><enum>(a)</enum><header>Establishment
and Composition</header><text>There is hereby established a Joint Select
Committee on Earmark Reform (hereinafter referred to as the <quote>joint select
committee</quote>). The joint select committee shall be composed of 16 members
as follows:</text>
<paragraph id="H38DF7D8F038947228CF015455AAD978F" indent="up1"><enum>(1)</enum><text>Eight Members of the House of
Representatives, 4 appointed from the majority party by the Speaker of the
House, and 4 from the minority party by the Speaker upon the recommendation of
the minority leader.</text>
</paragraph><paragraph id="H0221A598D7B94AEE8331D191AEA30BFA" indent="up1"><enum>(2)</enum><text>Eight Members of the Senate, 4
appointed from the majority party by the majority leader of the Senate, and 4
from the minority party to be appointed by the minority leader.</text>
</paragraph><continuation-text continuation-text-level="subsection">A vacancy
in the joint select committee shall not affect the power of the remaining
members to execute the functions of the joint select committee, and shall be
filled in the same manner as the original selection.</continuation-text></subsection><subsection id="HC59FB4EE758D4509ACFD7B925CE1191D" indent="up1"><enum>(b)</enum><header>Study and
Report</header>
<paragraph id="H740A1763E03B40C3B6581B47823021AD" indent="up1"><enum>(1)</enum><header>Study</header><text>The joint
select committee shall make a full study of the practices of the House, Senate,
and Executive Branch regarding earmarks in authorizing, appropriation, tax, and
tariff measures. As part of the study, the joint select committee shall
consider the efficacy of—</text>
<subparagraph id="H1F79B9F9BE2C425CAC692A4DD0D1BFF4"><enum>(A)</enum><text>the disclosure requirements of clause
9 of rule XXI and clause 17 of rule XXIII of the Rules of the House of
Representatives and rule XLIV of the Standing Rules of the Senate, and the
definitions contained therein;</text>
</subparagraph><subparagraph id="H81CC8704D53141B4AFF442470699836E"><enum>(B)</enum><text>requiring full transparency in the
process, with earmarks listed in bills at the outset of the legislative process
and continuing throughout consideration;</text>
</subparagraph><subparagraph id="H47E9279B355D42618A299E23EAE0CDB4"><enum>(C)</enum><text>requiring that earmarks not be placed
in any bill after initial committee consideration;</text>
</subparagraph><subparagraph id="H8261C049C56A4FDDB8E6BE4CD9F03936"><enum>(D)</enum><text>requiring that Members be permitted to
offer amendments to remove earmarks at subcommittee, full committee, floor
consideration, and during conference committee meetings;</text>
</subparagraph><subparagraph id="H2F831301EEBE4E0F99F0C1CE7837ECF4"><enum>(E)</enum><text>requiring that bill sponsors and
majority and minority managers certify the validity of earmarks contained in
their bills;</text>
</subparagraph><subparagraph id="HE71A97F867F649269D625B7DB1D06F5A"><enum>(F)</enum><text>recommending changes to earmark
requests made by the Executive Branch through the annual budget submitted to
Congress pursuant to section 1105 of title 31, United States Code;</text>
</subparagraph><subparagraph id="H268554DA2BA54F5CA0B0031E1E7B1AC2"><enum>(G)</enum><text>requiring that House and Senate
amendments meet earmark disclosure requirements, including amendments adopted
pursuant to a special order of business;</text>
</subparagraph><subparagraph id="H34E958E04EF44175B319CA2884CF9713"><enum>(H)</enum><text>establishing new categories for
earmarks, including—</text>
<clause id="H9E04292DA3AE4F4398CF559DF9E48649"><enum>(i)</enum><text>projects with National
scope;</text>
</clause><clause id="HC03F1E61D0354512839FA7C4229436F2"><enum>(ii)</enum><text>military projects; and</text>
</clause><clause id="HEFA7EBC267A54D2997C3C4FF88E12496"><enum>(iii)</enum><text>local or provincial projects,
including the level of matching funds required for such project.</text>
</clause></subparagraph></paragraph><paragraph id="H22A969C05B5E49439FCF102FC74969DE" indent="up1"><enum>(2)</enum><header>Report</header>
<subparagraph id="HC2007C96A61E4096B11307D90E318C4F"><enum>(A)</enum><text display-inline="yes-display-inline">The joint select committee shall submit to
the House and the Senate a report of its findings and recommendations not later
than 6 months after adoption of this joint resolution.</text>
</subparagraph><subparagraph commented="no" id="H0D65CEFEE494415DB60CA92E9D2C015C"><enum>(B)</enum><text>No recommendation shall be made by the
joint select committee except upon the majority vote of the members from each
House, respectively.</text>
</subparagraph><subparagraph commented="no" id="HE8586A8B92574C118C8A15B18134C877"><enum>(C)</enum><text display-inline="yes-display-inline">Notwithstanding any other provision of this
resolution, any recommendation with respect to the rules and procedures of one
House that only affects matters related solely to that House may only be made
and voted on by members of the joint select committee from that House and, upon
its adoption by a majority of such members, shall be considered to have been
adopted by the full committee as a recommendation of the joint select
committee.</text>
</subparagraph></paragraph><continuation-text continuation-text-level="subsection">In
conducting the study under
<internal-xref idref="H740A1763E03B40C3B6581B47823021AD" legis-path="1.(b)(1)">paragraph (1)</internal-xref>, the joint select committee
shall hold not fewer than 5 public hearings.</continuation-text></subsection><subsection id="HCEC8330F883B47E1A144AE3008EB2CDD" indent="up1"><enum>(c)</enum><header>Resources and
Dissolution</header>
<paragraph id="HE4C112C15458430A956C2C8DDFF3E6C2" indent="up1"><enum>(1)</enum><text>The joint select committee may
utilize the resources of the House and Senate.</text>
</paragraph><paragraph id="HDE6EE1DEACD44C70940EDBEA7FD944BE" indent="up1"><enum>(2)</enum><text>The joint select committee shall
cease to exist 30 days after the submission of the report described in
<internal-xref idref="H22A969C05B5E49439FCF102FC74969DE" legis-path="1.(b)(2)">subsection (a)(2)</internal-xref>.</text>
</paragraph></subsection><subsection id="H9A86F610D98C427C857F493B44612761" indent="up1"><enum>(d)</enum><header>Definition</header><text display-inline="yes-display-inline">For purposes of this section, the term
<term>earmark</term> shall include congressional earmarks, congressionally
directed spending items, limited tax benefits, or limited tariff benefits as
those terms are used in clause 9 of rule XXI of the Rules of the House of
Representatives and rule XLIV of the Standing Rules of the Senate. Nothing in
this subsection shall confine the study of the joint select committee or
otherwise limit its recommendations.</text>
</subsection></section><section id="HA85DEF6C7A294238B7B51D66450D5F24"><enum>522.</enum><header>Moratorium on
Consideration of Earmarks</header>
<subsection id="H22584BEB67A448729308CF1D84E4E8E3"><enum>(a)</enum><header>In the
House</header><text>It shall not be in order to consider a bill, joint
resolution, or conference report containing a congressional earmark, limited
tax benefit, or limited tariff benefit (as such terms are used in clause 9 of
rule XXI of the Rules of the House of Representatives) or an earmark
attributable to the President until the filing of the report required under
<internal-xref idref="HE41044B8EA344CB5A4AD26225468CE29" legis-path="1.">section 1</internal-xref>.</text>
</subsection><subsection id="H017450E7BA8C47168331A8D0DF1A15B1"><enum>(b)</enum><header>In the
Senate</header><text><inline-comment display="yes">To be
supplied.</inline-comment></text>
</subsection></section></subtitle><subtitle id="H05BD25C918CA4B0688F05AD5A30B79D5"><enum>D</enum><header>Public Debt
Limit</header>
<section id="H0C20A2130386457AB698843C9C7075CD"><enum>531.</enum><header>Limit on public
debt</header><text display-inline="no-display-inline">Upon the enactment of a
joint resolution setting forth the debt limit consistent with this section,
section 3101 of title 31, United States Code, is amended to read as follows,
with the blank to be set at the level provided for in such joint
resolution:</text>
<quoted-block id="H3FAB882ABAD340A6B81D46528C4D1267" style="USC">
<section id="H737519927A8B46E58E5215913FDD7ABA"><enum>3101.</enum><header>Public debt
limit</header>
<subsection id="H144D817AC5E54B38852E43ACD814FE9F"><enum>(a)</enum><text>In this section,
the current redemption value of an obligation issued on a discount basis and
redeemable before maturity at the option of its holder is deemed to be the face
amount of the obligation.</text>
</subsection><subsection id="HC3048EFB7144496F9B6AE3E1804BAA37"><enum>(b)</enum><text display-inline="yes-display-inline">The face amount of obligations issued under
this chapter and the face amount of obligations whose principal and interest
are guaranteed by the United States Government (except guaranteed obligations
held by the Secretary of the Treasury and intragovernmental holdings) may not
be more than $________ outstanding at one time, subject to changes periodically
made in that amount as provided by law.</text>
</subsection><subsection id="H715FE0C910DD445ABF874E8C3CAEAAB8"><enum>(c)</enum><text>For purposes of
this section, the face amount, for any month, of any obligation issued on a
discount basis that is not redeemable before maturity at the option of the
holder of the obligation is an amount equal to the sum of—</text>
<paragraph id="H32307DA8EBBA401F82EFD55C807D846E"><enum>(1)</enum><text>the original issue
price of the obligation, plus</text>
</paragraph><paragraph id="H857177A0DE5649C78527C9A537EFCE18"><enum>(2)</enum><text>the portion of the
discount on the obligation attributable to periods before the beginning of such
month (as determined under the principles of section 1272(a) of the Internal
Revenue Code of 1986 without regard to any exceptions contained in paragraph
(2) of such section).</text>
</paragraph></subsection><subsection id="H700F71AC49AD4BFCA13F4280AEF3D8E4"><enum>(d)</enum><text>For purposes of
this section, the term <term>intragovernment holding</term> is any obligation
issued by the Secretary of the Treasury to any Federal trust fund or Government
account, whether in respect of public money, money otherwise required to be
deposited in the Treasury, or amounts
appropriated.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H9FEBE52AC8694B83A966053B430ECA16"><enum>532.</enum><header>Repeal of the
Gephardt Rule</header><text display-inline="no-display-inline">The Rules of the
House of Representatives are amended by repealing rule XXVIII (relating to the
statutory limit on public debt).</text>
</section></subtitle><subtitle id="H7782319A876D422B8641486BFBDD8393"><enum>E</enum><header>Risk-Assumed
Budgeting</header>
<section id="H50DD2E9BCB174B6C869544A644BE0B91"><enum>541.</enum><header>Market Adjusted
Rate for Federal Credit Reform Act of 1990</header><text display-inline="no-display-inline">Amend section 502(5)(E) of the Federal
Credit Reform Act of 1990 to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H9D004DAFCD5D484E96B7943F27334B74" style="OLC">
<subparagraph id="H36D56ED1980A4901AA693D88245504B3"><enum>(E)</enum><text display-inline="yes-display-inline">In estimating net present values, the
discount rate shall be the average interest rate on marketable Treasury
securities of similar maturity to the cash flows of the direct loan or loan
guarantee for which the estimate is being made, as adjusted for market risks;
and</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H7852FC21598B4F4CA7586DE62EEE8692"><enum>542.</enum><header>CBO and GAO
study</header><text display-inline="no-display-inline">The Congressional Budget
Office and the Government Accountability Office shall prepare a study and make
recomendations as to the feasibility of applying accrual concepts to budgeting
for the costs of Federal insurance programs, adapting the budgetary principles
now used for Federal loan and loan guarantee programs to Federal insurance
programs.</text>
</section></subtitle><enum>VI</enum><header>BUDGET
ENFORCEMENT</header>
<section id="H3CEBE7E80752490BA49984B9D29A30E1"><enum>600.</enum><header>Short
title</header><text display-inline="no-display-inline">This title may be cited
as the <quote><short-title>Budget Enforcement and
Congressional Control Act of 2009</short-title></quote>.</text>
</section><subtitle id="H6F8D79C3A1314693A83B73041992F823"><enum>A</enum><header>Enforcement
Amendments</header>
<section id="HFA4938E8F1A940F78262A3E9BAE6976D"><enum>601.</enum><header>Points of order
in the House of Representatives and the Senate</header><text display-inline="no-display-inline">Section 904 of the Congressional Budget Act
of 1974 is amended as follows:</text>
<paragraph id="H7F19320EDEB44C1EB41E177EB50E6A5F"><enum>(1)</enum><text>In subsection
(c)(1), insert <quote>312(g), (h), (i), and (j),</quote> before
<quote>313,</quote>, and insert <quote>316, 317, 322, 323,</quote> before
<quote>904(C),</quote>;</text>
</paragraph><paragraph id="H3DEC72B103024EA89F5215738C97F5EE"><enum>(2)</enum><text>In subsection
(d)(2), insert <quote>312(g), (h), (i), and (j),</quote> before
<quote>313,</quote>, and insert <quote>316, 317, 322, 323,</quote> before
<quote>904(C),</quote>;</text>
</paragraph><paragraph id="H3981C206800C40748C50B46BC8B367DA"><enum>(3)</enum><text>In subsections
(C)(2) and (d)(3), strike <quote>311(a),</quote>;</text>
</paragraph><paragraph id="H17C175A6226D44C39E97AFF108A44E9B"><enum>(4)</enum><text><quote>In
subsections (C)(1) and (d)(2) insert <quote>311(a),</quote> after
<quote>310(d)(2),</quote>.</quote>;</text>
</paragraph><paragraph id="HE4CB291A569A41049BD36ACCFE877C91"><enum>(5)</enum><text>In subsections
(C)(1), (C)(2), (d)(2), and (d)(3) by inserting <quote>or the House of
Representatives</quote> after <quote>Senate</quote> each place it appears,
and</text>
</paragraph><paragraph id="H3894E2E3A67C45C48E2418503C03F538"><enum>(6)</enum><text>Strike subsection
(e).</text>
</paragraph></section><section id="HFE8518A531E748128C4DC50874485E62"><enum>602.</enum><header>Point of order
waiver protection</header><text display-inline="no-display-inline">Rule XIII of
the Rules of the House of Representatives (as amended by section 313) is
further amended by adding at the end the following new clause:</text>
<quoted-block id="H48444195D5564F64AC0B24F956A65C0A" style="OLC">
<subsection id="H4C378722A8A3437EBF425AA0C841CA2A"><enum>10.
(a)</enum><text>It shall not be in order to consider a rule or order that
waives the provisions of any section of the Congressional Budget Act of 1974
referred to in section 904(C)(1) of such Act or of section 212 of the Spending,
Deficit, and Debt Control Act of 2009.</text>
</subsection><subsection id="HA766D455E3ED452FBE200C7569AE7A18"><enum>(b)</enum><text>As disposition of
a point of order under paragraph (a), the Chair shall put the question of
consideration with respect to the proposition that is the subject of the point
of order. A question of consideration under this clause shall be debatable for
10 minutes by the Member initiating the point of order and for 10 minutes by an
opponent of the point of order, but shall otherwise be decided without
intervening motion except one that the House of Representatives adjourn or that
the Committee of the Whole rise, as the case may be.</text>
</subsection><subsection id="H9435B4A4AB564C3F95512697D08E549F"><enum>(c)</enum><text>The disposition of
the question of consideration under this clause with respect to a bill or joint
resolution shall be considered also to determine the question of consideration
under this clause with respect to an amendment made in order as original
text.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H2B1D4E2AF3CF437AB0A21D467BC782E2"><enum>603.</enum><header>Application of
the limitation on reconciliation legislation</header><text display-inline="no-display-inline">Section 310(g) of the Congressional Budget
Act of 1974 is amended by adding <quote>, but it shall be in order to consider
any such bill, resolution, amendment, or conference report if the report issued
pursuant to section 308(f)(1) indicates that the solvency referred to in such
paragraph has not been achieved</quote> before the period at the end.</text>
</section><section id="HE075FFD8D3E944438506CFC9DB999DE9"><enum>604.</enum><header>Twenty-percent
limit on new direct spending in reconciliation legislation</header><text display-inline="no-display-inline">At the end of section 313 of the
Congressional Budget Act add the following subsection:</text>
<quoted-block display-inline="no-display-inline" id="H1A42E09E22DC4DA1A13AC6D00F9C0DFD" style="OLC">
<subsection id="HFB874865A3274A7BBEEB830EF92C1BBB"><enum>(f)</enum><header>Direct Spending
Limitation</header>
<paragraph id="HD7ECD39E9661484F82DA6ED12C7E3418"><enum>(1)</enum><header>Point of
order</header><text display-inline="yes-display-inline">In the House of
Representatives and the Senate, it shall not be in order to consider any
reconciliation bill, joint resolution, motion, amendment, or any conference
report on, or an amendment between the House of Representatives in relation to,
a reconciliation bill pursuant to section 310(a) or (h) of the Congressional
Budget Act of 1974, that produces an increase in outlays, if—</text>
<subparagraph id="H7CD5371E0AA24547A99930A3F276D4CF"><enum>(A)</enum><text>the effect of all
the provisions in the jurisdiction of any committee is to create gross new
direct spending that exceeds 20 percent of the total savings instruction to the
committee; or</text>
</subparagraph><subparagraph id="HE7AEE8666ABA4579AD6DFB6C5F638C7D"><enum>(B)</enum><text>the effect of the
adoption of an amendment results in gross new direct spending that exceeds 20
percent of the total savings instruction to the committee.</text>
</subparagraph></paragraph><paragraph id="H8577466A70DF42539D6ED3A048B19065"><enum>(2)</enum><header>Application of
section 313</header>
<subparagraph id="H5604875023D14E1D9A5EAA1ACE981522"><enum>(A)</enum><text>A point of order
under paragraph (1) may be raised by a Senator as provided in section 313(e) of
the Congressional Budget Act of 1974.</text>
</subparagraph><subparagraph id="HC41E308B3DF642A295C06213E25A887C"><enum>(B)</enum><text>Paragraph (1) may
be waived or suspended only by an affirmative vote of three-fifths of the
Members, duly chosen and sworn. An affirmative vote of three-fifths of the
Members of the Senate, duly chosen and sworn, shall be required to sustain an
appeal of the ruling of the Chair on a point of order raised under paragraph
(1).</text>
</subparagraph><subparagraph id="HA242C73AFF5B4BDE95B2494DA165EC54"><enum>(C)</enum><text>If a point of
order is sustained under paragraph (1) against a conference report in the
Senate, the report shall be disposed of as provided in section 313(d) of the
Congressional Budget Act of
1974.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H1AC0C1EEFCEE4FBFA5E166844EE9C5BC"><enum>605.</enum><header>Treatment of
extraneous appropriations</header>
<subsection id="H0A6EF0C3083C4D5597D117B412CB5F13"><enum>(a)</enum><header>In
General</header><text>Title III of the Congressional Budget Act of 1974 (as
amended by section 305) is further amended by adding at the end the following
new section:</text>
<quoted-block id="H9B4985EFD1804CAABABC9CFDAD2D9409" style="traditional">
<section id="H83CFD803BF224DB8929CEB3E638E4304"><enum>321.</enum><header>Treatment of extraneous appropriations in omnibus
appropriation measures</header><subsection commented="no" display-inline="yes-display-inline" id="H854E010359AB4C9A9B40187A9B599E1B"><enum>(a)</enum><header>Point of
Order</header><text>It shall not be in order in the House of Representatives or
the Senate to consider an omnibus appropriation measure, or any amendment
thereto or conference report thereon, that appropriates funds for any program,
project, or activity that is not within the subject-matter jurisdiction of any
subcommittee of the Committee on Appropriations of the House of Representatives
or Senate, as applicable, with jurisdiction over any regular appropriation bill
contained in such
measure.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H009511E7AA4143AF8B071632DEEB2A16"><enum>(b)</enum><header>Conforming
Amendment</header><text>The table of contents set forth in section 1(b) of the
Congressional Budget and Impoundment Control Act of 1974 is amended by
inserting after the item relating to section 320 the following new item:</text>
<quoted-block id="H111C1774AE3041F1816AEE9010B8E46B" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 321. Treatment of extraneous
appropriations in omnibus appropriation
measures.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HD2C925F255474DB08677F39D3E767BC4"><enum>(c)</enum><header>Advance
Appropriation Point of Order</header><text>Section 312 of the Congressional
Budget Act of 1974 (as amended by section 601) is further amended by adding at
the end the following new subsection:</text>
<quoted-block id="H5A37420D5F544787B8FF9C89DB20E470" style="OLC">
<subsection id="H7A306D563CAF488C95E4DDCFD61052F6"><enum>(l)</enum><header>Advance
Appropriation Point of Order</header><text>It shall not be in order in the
House of Representatives or the Senate to consider any appropriation bill or
joint resolution, or amendment thereto or conference report thereon, that
provides advance discretionary new budget authority that first becomes
available for any fiscal year after the budget year at an amount for any
program, project, or activity above the amount of appropriations for fiscal
year 2007 for such program, project, or
activity.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H5962E45CD2BF4921987A62298E1E0C7F"><enum>606.</enum><header>Establishment
of Discretionary Deficit Reduction Account</header>
<subsection id="HD43B412A95244D5E9A158F90A394852A"><enum>(a)</enum><header>Discretionary
deficit reduction Account</header><text>Title III of the Congressional Budget
Act of 1974 (as amended by section 605) is further amended by adding at the end
the following new section:</text>
<quoted-block id="H6DF1FA844A404CDD876CF9417C68FBAA" style="traditional">
<section id="H4829C2E5B21E46E3A49ADECE7D8E8944"><enum>322.</enum><header>Discretionary Deficit Reduction Account</header><subsection commented="no" display-inline="yes-display-inline" id="HF4AFF9EBC3BF4F4FB356ED63A08E854A"><enum>(a)</enum><header>Establishment of
Account</header><text>The chairman of the Committee on the Budget of the House
of Representatives and of the Senate shall each maintain an account to be known
as the <quote>deficit reduction Discretionary Account</quote>. The Account
shall be divided into entries corresponding to the subcommittees of the
Committee on Appropriations of that House and each entry shall consist of the
<quote>deficit reduction Balance</quote>.</text>
</subsection><subsection id="H50D75FF66099404F967A5CF476332C75"><enum>(b)</enum><header>Components</header><text>Each
entry shall consist only of amounts credited to it under subsection (c). No
entry of a negative amount shall be made.</text>
</subsection><subsection id="H605AA6C1A5FD49FA9334BC18FC661C00"><enum>(c)</enum><header>Crediting of
Amounts to Account</header>
<paragraph id="HE497178616EF4CECA0614735B69132C4"><enum>(1)</enum><text>Whenever a Member
or Senator, as the case may be, offers an amendment to an appropriation bill to
reduce new budget authority in any account, that Member or Senator may state
the portion of such reduction that shall be credited to—</text>
<subparagraph id="H843D4503288C4B079C4832D5492B71AA"><enum>(A)</enum><text>the deficit
reduction Balance;</text>
</subparagraph><subparagraph id="H0CF9016463C547EA9DA2109B8CD1DE46"><enum>(B)</enum><text>used to offset an
increase in new budget authority in any other account; or</text>
</subparagraph><subparagraph id="HB541E74DE916403D8D9D32BCEAE75F53"><enum>(C)</enum><text>allowed to remain
within the applicable section 302(b) suballocation.</text>
</subparagraph></paragraph><paragraph id="H963289B80FBC48A7B84219F700BF7B0A"><enum>(2)</enum><text>If no such
statement is made, the amount of reduction in new budget authority resulting
from the amendment shall be credited to the deficit reduction Balance, as
applicable, if the amendment is agreed to.</text>
</paragraph><paragraph id="HC19C610A4727484CB1125CFF8B2FF06B"><enum>(3)</enum><text>Except as provided
by paragraph (4), the chairman of the Committee on the Budget of the House of
Representatives or Senate, as applicable, shall, upon the engrossment of any
appropriation bill by the House of Representatives or Senate, as applicable,
credit to the applicable entry balances amounts of new budget authority and
outlays equal to the net amounts of reductions in budget authority and in
outlays resulting from amendments agreed to by that House to that bill.</text>
</paragraph><paragraph id="HCAEA2DBEEAC942AA855CAAF41AE879D8"><enum>(4)</enum><text>When computing the
net amounts of reductions in new budget authority and in outlays resulting from
amendments agreed to by the House of Representatives or Senate, as applicable,
to an appropriation bill, the chairman of the Committee on the Budget of that
House shall only count those portions of such amendments agreed to that were so
designated by the Members offering such amendments as amounts to be credited to
the deficit reduction Balance, or that fall within the last sentence of
paragraph (1).</text>
</paragraph><paragraph id="H6859C5AD807843A0BBC3917680C2388C"><enum>(5)</enum><text>The chairman of
the Committee on the Budget of the House of Representatives and of the Senate
shall each maintain a running tally of the amendments adopted reflecting
increases and decreases of budget authority in the bill as reported to its
House. This tally shall be available to Members or Senators during
consideration of any bill by that House.</text>
</paragraph></subsection><subsection id="HE9CB6D8A0D8F4B6AB04D89993CFED884"><enum>(d)</enum><header>Calculation of
Savings in Deficit Reduction Accounts in the House of Representatives and
Senate</header>
<paragraph id="HA9DE61BCFEE04C40A09933F100A257B4" indent="up1"><enum>(1)</enum><text>For the purposes of enforcing section
302(a), upon the engrossment of any appropriation bill by the House of
Representatives or Senate, as applicable, the amount of budget authority and
outlays calculated pursuant to subsection (c)(3) shall be counted against the
302(a) allocation provided to the Committee on Appropriations as if the amount
calculated pursuant to subsection (c)(3) was included in the bill just
engrossed.</text>
</paragraph><paragraph id="H80F105A418A846A08A3C1B65113302D1" indent="up1"><enum>(2)</enum><text>For purposes of enforcing section
302(b), upon the engrossment of any appropriation bill by the House of
Representatives or Senate, as applicable, the 302(b) allocation provided to the
subcommittee for the bill just engrossed shall be deemed to have been reduced
by the amount of budget authority and outlays calculated, pursuant to
subsection (c)(3).</text>
</paragraph></subsection><subsection id="H2295504F35A34671BC37CAF507CC3959"><enum>(e)</enum><header>Definition</header><text>As
used in this section, the term <term>appropriation bill</term> means any
general or special appropriation bill, and any bill or joint resolution making
supplemental, deficiency, or continuing appropriations through the end of
fiscal year 2010 or any subsequent fiscal year, as the case may
be.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section display-inline="no-display-inline" id="H0ADEE482A5364AFA86C6E42E7B589E24"><enum>607.</enum><header>Establishment
of Mandatory Deficit Reduction Account</header><text display-inline="no-display-inline">Title III of the Congressional Budget Act of
1974 (as amended by section 606) is further amended by adding at the end the
following new section:</text>
<quoted-block id="H60703EE000B24085A35565A28170D5EC" style="traditional">
<section id="H28C197724A6A42E099B7309CB0B1256B"><enum>323.</enum><header>Mandatory Deficit Reduction Account</header><subsection commented="no" display-inline="yes-display-inline" id="H73AEEF2106784D6C987D57BB80BC9431"><enum>(a)</enum><header>Establishment of
Account</header><text>The chairman of the Committee on the Budget of the House
of Representatives and of the Senate shall each maintain an account to be known
as the <quote>deficit reduction Mandatory Account</quote>. The Account shall be
divided into entries corresponding to the House of Representatives or Senate
committees, as applicable, that received allocations under section 302(a) in
the most recently adopted joint resolution on the budget, except that it shall
not include the Committee on Appropriations of that House and each entry shall
consist of the <quote>First Year deficit reduction Account</quote> and the
<quote>Five Year deficit reduction Account</quote> or the period covered by the
resolution on the budget for that fiscal year, as applicable.</text>
</subsection><subsection id="HBA46F007BCFC49DDAC7B95C6AABBC827"><enum>(b)</enum><header>Components</header><text>Each
entry shall consist only of amounts credited to it under subsection (c). No
entry of a negative amount shall be made.</text>
</subsection><subsection id="H91E74970B21B474B9419D0646D2D4CE6"><enum>(c)</enum><header>Calculation of
Account Savings in House and Senate</header><text>For the purposes of enforcing
section 302(a), upon the engrossment of any bill, other than an appropriation
bill, by the House of Representatives or Senate, as applicable, the amount of
budget authority and outlays calculated pursuant to subsection (c)(3) shall be
counted against the 302(a) allocation provided to the applicable committee or
committees of that House which reported the bill as if the amount calculated
pursuant to subsection (c)(3) was included in the bill just engrossed.</text>
</subsection><subsection id="H3FE0CCABA0314E6D9681EF04832D63C4"><enum>(d)</enum><header>Crediting of
Amounts to Account</header>
<paragraph id="HBAC7B54CC6544663999E314012E240CC"><enum>(1)</enum><text>Whenever a Member
or Senator, as the case may be, offers an amendment to a bill that reduces the
amount of mandatory budget authority provided either under current law or
proposed to be provided by the bill under consideration, that Member or Senator
may state the portion of such reduction achieved in the first year covered by
the most recently adopted joint resolution on the budget and in addition the
portion of such reduction achieved in the first five years covered by the most
recently adopted joint resolution on the budget that shall be credited to the
First Year deficit reduction Balance and the Five Year deficit reduction
Balance, as applicable, if the amendment is agreed to.</text>
</paragraph><paragraph id="H96BC48D4E68844378409CE8FE6DF4693"><enum>(2)</enum><text>Except as provided
by paragraph (3), the chairman of the Committee on the Budget of the House of
Representatives or Senate, as applicable, shall, upon the engrossment of any
bill, other than an appropriation bill, by the House of Representatives or
Senate, as applicable, credit to the applicable entry balances amounts of new
budget authority and outlays equal to the net amounts of reductions in budget
authority and in outlays resulting from amendments agreed to by that House to
that bill.</text>
</paragraph><paragraph id="H672CFBC7A5AC49B7B3138C2E1C0C31C2"><enum>(3)</enum><text>When computing the
net amounts of reductions in budget authority and in outlays resulting from
amendments agreed to by the House of Representatives or Senate, as applicable,
to a bill, the chairman of the Committee on the Budget of that House shall only
count those portions of such amendments agreed to that were so designated by
the Members or Senators offering such amendments as amounts to be credited to
the First Year deficit reduction Balance and the Five-Year deficit reduction
Balance, or that fall within the last sentence of paragraph (1).</text>
</paragraph><paragraph id="HA7765BF91F5C495CBFF852CBC56F7434"><enum>(4)</enum><text>The chairman of
the Committee on the Budget of the House of Representatives and of the Senate
shall each maintain a running tally of the amendments adopted reflecting
increases and decreases of budget authority in the bill as reported to its
House. This tally shall be available to Members or Senators during
consideration of any bill by that House.</text>
</paragraph></subsection><subsection id="HC47208359F59410887FEE47E3D3180F2"><enum>(e)</enum><header>Definition</header><text>As
used in this section, the term <term>appropriation bill</term> means any
general or special appropriation bill, and any bill or joint resolution making
supplemental, deficiency, or continuing appropriations through the end of
fiscal year 2009 or any subsequent fiscal year, as the case may
be.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="H5F7CACAB364D42CBA5A30FE893554F61"><enum>608.</enum><header>Conforming
amendment</header><text display-inline="no-display-inline">The table of
contents set forth in section 1(b) of the Congressional Budget and Impoundment
Control Act of 1974 is amended by inserting after the item relating to section
321 the following new items:</text>
<quoted-block id="HD724BAE451B8422AB2D406293D32B02A" style="OLC">
<toc regeneration="no-regeneration">
<toc-entry level="section">Sec. 322. Discretionary deficit reduction
account.</toc-entry>
<toc-entry level="section">Sec. 323. Mandatory deficit reduction
account.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</section></subtitle><subtitle id="H2128E046A64640AC8CD52E6B1D6157E7"><enum>B</enum><header>Committee Term
Limits Study in the House of Representatives</header>
<section id="H444200C6760747DF99EFD7331D7A5427"><enum>611.</enum><header>Suspension of
certain requirements regarding the House of Representatives committee term
limits committee</header><text display-inline="no-display-inline">Clause
5(a)(2)(B) of rule X of the Rules of the House of Representatives is
suspended.</text>
</section><section id="H8B5B484C81894EC09846AD5401B2CC20"><enum>612.</enum><header>Establishment
of the select committee on requirements regarding the House of Representatives
Budget Committee</header><text display-inline="no-display-inline">There is
established a select committee to review the rules regarding the membership on
the Committee on the Budget of the House of Representatives.</text>
</section><section id="HF37A25F6F5CD453194B2C36EF8FF35E8"><enum>613.</enum><header>Procedure</header>
<subsection id="HCAAB47D7F2C547799018DA04D738165D"><enum>(a)</enum><header>Legislative
Jurisdiction</header><text>The select committee shall not have legislative
jurisdiction and shall have no authority to take legislative action on any bill
or resolution.</text>
</subsection><subsection id="H29742E9343E14D369691CD0AB9AD9248"><enum>(b)</enum><header>Study</header><text>The
select committee shall study and make recommendations about the effectiveness
of limiting the membership on the House of Representatives Budget Committee to
four Congresses within a period of six successive Congresses.</text>
</subsection></section><section id="HBFC609802CEB4E8E97428B88098E0085"><enum>614.</enum><header>Composition</header><text display-inline="no-display-inline">The select committee shall be composed of 8
members appointed by the Speaker, of whom 4 shall be appointed upon the
recommendation of the minority leader. The Speaker shall designate one member
of the select committee as chairman.</text>
</section><section id="H70A7595F4F024734B4438956CD7FA44B"><enum>615.</enum><header>Reporting</header><text display-inline="no-display-inline">The select committee shall issue at least
one public report to be filed with the House of Representatives not later than
December 31, 2010, and shall include recommendations based on its
findings.</text>
</section><section display-inline="no-display-inline" id="H65A09CBACA2B44E6BC168A20AF3A882A"><enum>616.</enum><header>Administrative
Provisions</header><text display-inline="no-display-inline">There shall be paid
out of the applicable accounts of the House of Representatives such sums as may
be necessary for the expenses of the select committee. Such payments shall be
made on vouchers signed by the chairman of the select committee and approved in
the manner directed by the Committee on House Administration.</text>
</section><section id="H5F057C35BE7A4E08A3F372E2AC52B593"><enum>617.</enum><header>Dissolution</header><text display-inline="no-display-inline">The select committee shall cease to exist on
December 31, 2010.</text>
</section></subtitle><subtitle id="H51172AC7655B4F8A9AB68874C460120B"><enum>C</enum><header>Judicial
Consideration</header>
<section id="H4F333EA5A40A4570BA73AE582B89E2B2"><enum>621.</enum><header>Judicial
review<editorial></editorial></header>
<subsection id="HD486746FC2F149CD822AD33089667089"><enum>(a)</enum><header>Expedited
Review</header>
<paragraph id="H540F4027575C4F1D946029A2EB063723"><enum>(1)</enum><text>any Member of
Congress or any individual adversely affected by this Act may bring an action,
in the United States District Court for the District of Columbia, for
declaratory judgment and injunctive relief on the ground that any provision of
this part violates the Constitution.</text>
</paragraph><paragraph id="HCDA1BE42B42646A4A7D7AE777013CD56"><enum>(2)</enum><text>a
copy of any complaint in an action brought under paragraph (1) shall be
promptly delivered to the Secretary of the Senate and the Clerk of the House of
Representatives, and each House of Congress shall have the right to intervene
in such action.</text>
</paragraph><paragraph id="H12479F1009734C659323B6BF2A71B3E6"><enum>(3)</enum><text>nothing in this
section or in any other law shall infringe upon the right of the House of
Representatives to intervene in an action brought under paragraph (1) without
the necessity of adopting a resolution to authorize such intervention.</text>
</paragraph></subsection><subsection id="H86753E748ED74B699507D67A72A3A0ED"><enum>(b)</enum><header>Appeal to
Supreme Court</header><text>Notwithstanding any other provision of law, any
order of the United States District Court for the District of Columbia which is
issued pursuant to an action brought under paragraph (1) of subsection (a)
shall be reviewable by appeal directly to the Supreme Court of the United
States. Any such appeal shall be taken by a notice of appeal filed within 10
calendar days after such order is entered; and the jurisdictional statement
shall be filed within 30 calendar days after such order is entered. No stay of
an order issued pursuant to an action brought under paragraph (1) of subsection
(a) shall be issued by a single Justice of the Supreme Court.</text>
</subsection><subsection id="H515001A944F5437F9A6F8D3FEC394350"><enum>(c)</enum><header>Expedited
Consideration</header><text>It shall be the duty of the District Court for the
District of Columbia and the Supreme Court of the United States to advance on
the docket and to expedite to the greatest possible extent the disposition of
any matter brought under subsection (a).</text>
</subsection></section><section id="HCD0C717439C244E3AD586C0B33364D2A"><enum>622.</enum><header>Severability</header><text display-inline="no-display-inline">If any provision of this subtitle, or the
application of any provision of this subtitle to any person or circumstance is
held invalid, the application of such provision or circumstance and the
remainder of this subtitle shall not be affected thereby.</text>
</section></subtitle>