[Congressional Record Volume 163, Number 169 (Thursday, October 19, 2017)]
[Senate]
[Pages S6692-S6695]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1551. Mr. ENZI submitted an amendment intended to be proposed to
amendment SA 1116 proposed by Mr. Enzi to the concurrent resolution H.
Con. Res. 71, establishing the congressional budget for the United
States Government for fiscal year 2018 and setting forth the
appropriate budgetary levels for fiscal years 2019 through 2027; which
was ordered to lie on the table; as follows:
At the end, add the following:
TITLE V--BUDGET PROCESS IN THE HOUSE OF REPRESENTATIVES
Subtitle A--Budget Enforcement
SEC. 5101. POINT OF ORDER AGAINST INCREASING LONG-TERM DIRECT
SPENDING.
(a) Point of Order.--It shall not be in order in the House
of Representatives to consider any bill or joint resolution,
or amendment thereto or conference report thereon, that would
cause a net increase in direct spending in excess of
$2,500,000,000 in any of the 4 consecutive 10-fiscal year
periods described in subsection (b).
(b) Congressional Budget Office Analysis of Proposals.--The
Director of the Congressional Budget Office shall, to the
extent practicable, prepare an estimate of whether a bill or
joint resolution reported by a committee (other than the
Committee on Appropriations), or amendment thereto or
conference report thereon, would cause, relative to current
law, a net increase in direct spending in the House of
Representatives, in excess of $2,500,000,000 in any of the 4
consecutive 10-fiscal year periods beginning after the last
fiscal year of this concurrent resolution.
(c) Limitation.--In the House of Representatives, the
provisions of this section shall not apply to any bills or
joint resolutions, or amendments thereto or conference
reports thereon, for which the chair of the Committee on the
Budget has made adjustments to the allocations, aggregates,
or other budgetary levels in this concurrent resolution.
(d) Determinations of Budget Levels.--For purposes of this
section, the levels of net increases in direct spending shall
be determined on the basis of estimates provided by the chair
of the Committee on the Budget of the House of
Representatives.
(e) Sunset.--This section shall have no force or effect
after September 30, 2018.
SEC. 5102. ALLOCATION FOR OVERSEAS CONTINGENCY OPERATIONS/
GLOBAL WAR ON TERRORISM.
(a) Separate Allocation for Overseas Contingency
Operations/Global War on Terrorism.--In the House of
Representatives, there shall be a separate allocation of new
budget authority and outlays provided to the Committee on
Appropriations for the purposes of Overseas Contingency
Operations/Global War on Terrorism, which shall be deemed to
be an allocation under section 302(a) of the Congressional
Budget Act of 1974. Section 302(a)(3) of such Act shall not
apply to such separate allocation.
(b) Section 302 Allocations.--The separate allocation
referred to in subsection (a) shall be the exclusive
allocation for Overseas Contingency Operations/Global War on
Terrorism under section 302(b) of the Congressional Budget
Act of 1974. The Committee on Appropriations of the House of
Representatives may provide suballocations of such separate
allocation under such section 302(b).
(c) Application.--For purposes of enforcing the separate
allocation referred to in subsection (a) under section 302(f)
of the Congressional Budget Act of 1974, the ``first fiscal
year'' and the ``total of fiscal years'' shall be deemed to
refer to fiscal year 2018. Section 302(c) of such Act shall
not apply to such separate allocation.
(d) Designations.--New budget authority or outlays shall
only be counted toward the allocation referred to in
subsection (a) if designated pursuant to section
251(b)(2)(A)(ii) of the Balanced Budget and Emergency Deficit
Control Act of 1985.
(e) Adjustments.--For purposes of subsection (a) for fiscal
year 2018, no adjustment shall be made under section 314(a)
of the Congressional Budget Act of 1974 if any adjustment
would be made under section 251(b)(2)(A)(ii) of the Balanced
Budget and Emergency Deficit Control Act of 1985.
SEC. 5103. LIMITATION ON CHANGES IN CERTAIN MANDATORY
PROGRAMS.
(a) Definition.--In this section, the term ``change in
mandatory programs'' means a provision that--
(1) would have been estimated as affecting direct spending
or receipts under section 252 of the Balanced Budget and
Emergency Deficit Control Act of 1985 (as in effect prior to
September 30, 2002) if the provision were included in
legislation other than appropriation Acts; and
(2) results in a net decrease in budget authority in the
budget year, but does not result in a net decrease in outlays
over the total of the current year, the budget year, and all
fiscal years covered under the most recently agreed to
concurrent resolution on the budget.
(b) Point of Order in the House of Representatives.--
(1) In general.--A provision in a bill or joint resolution
making appropriations for a full fiscal year that proposes a
change in mandatory programs that, if enacted, would cause
the absolute value of the total budget authority of all such
changes in mandatory programs enacted in relation to a full
fiscal year to be more than the amount specified in paragraph
(3), shall not be in order in the House of Representatives.
(2) Amendments and conference reports.--It shall not be in
order in the House of Representatives to consider an
amendment to, or a conference report on, a bill or joint
resolution making appropriations for a full fiscal year if
such amendment thereto or conference report thereon proposes
a change in mandatory programs that, if enacted, would cause
the absolute value of the total budget authority of all such
changes in mandatory programs enacted in relation to a full
fiscal year to be more than the amount specified in paragraph
(3).
(3) Amount.--The amount specified in this paragraph is--
(A) for fiscal year 2018, $19,100,000,000;
(B) for fiscal year 2019, $17,000,000,000; and
(C) for fiscal year 2020, $15,000,000,000.
(c) Determination.--For purposes of this section, budgetary
levels shall be determined on the basis of estimates provided
by the chair of the Committee on the Budget of the House of
Representatives.
SEC. 5104. LIMITATION ON ADVANCE APPROPRIATIONS.
(a) In General.--In the House of Representatives, except as
provided for in subsection (b), any general appropriation
bill or bill or joint resolution continuing appropriations,
or amendment thereto or conference report thereon, may not
provide advance appropriations.
(b) Exceptions.--An advance appropriation may be provided
for programs, projects, activities, or accounts identified in
the report or the joint explanatory statement of managers, as
applicable, accompanying this concurrent resolution under the
following headings:
(1) General.--``Accounts Identified for Advance
Appropriations''.
(2) Veterans.--``Veterans Accounts Identified for Advance
Appropriations''.
(c) Limitations.--The aggregate level of advance
appropriations shall not exceed the following:
(1) General.--$28,852,000,000 in new budget authority for
all programs identified pursuant to subsection (b)(1).
(2) Veterans.--$70,699,313,000 in new budget authority for
programs in the Department of Veterans Affairs identified
pursuant to subsection (b)(2).
(d) Definition.--In this section, the term ``advance
appropriation'' means any new discretionary budget authority
provided in a general appropriation bill or joint resolution
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continuing appropriations for fiscal year 2018, or any
amendment thereto or conference report thereon, that first
becomes available for the first fiscal year following fiscal
year 2018.
SEC. 5105. ESTIMATES OF DEBT SERVICE COSTS.
In the House of Representatives, the chair of the Committee
on the Budget may direct the Congressional Budget Office to
include, in any estimate prepared under section 402 of the
Congressional Budget Act of 1974 with respect to any bill or
joint resolution, an estimate of any change in debt service
costs resulting from carrying out such bill or resolution.
Any estimate of debt service costs provided under this
section shall be advisory and shall not be used for purposes
of enforcement of such Act, the Rules of the House of
Representatives, or this concurrent resolution. This section
shall not apply to authorizations of programs funded by
discretionary spending or to appropriation bills or joint
resolutions, but shall apply to changes in the authorization
level of appropriated entitlements.
SEC. 5106. FAIR-VALUE CREDIT ESTIMATES.
(a) All Credit Programs.--Whenever the Director of the
Congressional Budget Office provides an estimate of any
measure that establishes or modifies any program providing
loans or loan guarantees, the Director shall also, to the
extent practicable, provide a fair-value estimate of such
loan or loan guarantee program if requested by the chair of
the Committee on the Budget of the House of Representatives.
(b) Student Financial Assistance and Housing Programs.--The
Director of the Congressional Budget Office shall provide, to
the extent practicable, a fair-value estimate as part of any
estimate for any measure that establishes or modifies a loan
or loan guarantee program for student financial assistance or
housing (including residential mortgage).
(c) Baseline Estimates.--The Congressional Budget Office
shall include estimates, on a fair-value and credit reform
basis, of loan and loan guarantee programs for student
financial assistance, housing (including residential
mortgage), and such other major loan and loan guarantee
programs, as practicable, in its The Budget and Economic
Outlook: 2018 to 2027.
(d) Enforcement in the House of Representatives.--If the
Director of the Congressional Budget Office provides an
estimate pursuant to subsection (a) or (b), the chair of the
Committee on the Budget of the House of Representatives may
use such estimate to determine compliance with the
Congressional Budget Act of 1974 and other budget enforcement
requirements.
SEC. 5107. ESTIMATES OF MACROECONOMIC EFFECTS OF MAJOR
LEGISLATION.
(a) CBO and JCT Estimates.--During the 115th Congress, any
estimate of major legislation considered in the House of
Representatives provided by the Congressional Budget Office
under section 402 of the Congressional Budget Act of 1974 or
by the Joint Committee on Taxation to the Congressional
Budget Office under section 201(f) of such Act shall, to the
extent practicable, incorporate the budgetary effects of
changes in economic output, employment, capital stock, and
other macroeconomic variables resulting from such major
legislation.
(b) Contents.--Any estimate referred to in subsection (a)
shall, to the extent practicable, include--
(1) a qualitative assessment of the budgetary effects
(including macroeconomic variables described in subsection
(a)) of the major legislation in the 20-fiscal year period
beginning after the last fiscal year of the most recently
agreed to concurrent resolution on the budget that sets forth
budgetary levels required under section 301 of the
Congressional Budget Act of 1974; and
(2) an identification of the critical assumptions and the
source of data underlying that estimate.
(c) Definitions.--In this section:
(1) Major legislation.--The term ``major legislation''
means a bill or joint resolution, or amendment thereto or
conference report thereon--
(A) for which an estimate is required to be prepared
pursuant to section 402 of the Congressional Budget Act of
1974 (2 U.S.C. 653) and that causes a gross budgetary effect
(before incorporating macroeconomic effects and not including
timing shifts) in a fiscal year in the period of years of the
most recently agreed to concurrent resolution on the budget
equal to or greater than 0.25 percent of the current
projected gross domestic product of the United States for
that fiscal year; or
(B) designated as such by--
(i) the chair of the Committee on the Budget of the House
of Representatives for all direct spending legislation; or
(ii) the Member who is Chairman or Vice Chairman of the
Joint Committee on Taxation for revenue legislation.
(2) Budgetary effects.--The term ``budgetary effects''
means changes in revenues, direct spending outlays, and
deficits.
(3) Timing shifts.--The term ``timing shifts'' means--
(A) provisions that cause a delay of the date on which
outlays flowing from direct spending would otherwise occur
from one fiscal year to the next fiscal year; or
(B) provisions that cause an acceleration of the date on
which revenues would otherwise occur from one fiscal year to
the prior fiscal year.
SEC. 5108. ADJUSTMENTS FOR IMPROVED CONTROL OF BUDGETARY
RESOURCES.
(a) Adjustments of Discretionary and Direct Spending
Levels.--In the House of Representatives, if a committee
(other than the Committee on Appropriations) reports a bill
or joint resolution, or an amendment thereto is offered or
conference report thereon is submitted, providing for a
decrease in direct spending (budget authority and outlays
flowing therefrom) for any fiscal year and also provides for
an authorization of appropriations for the same purpose, upon
the enactment of such measure, the chair of the Committee on
the Budget may decrease the allocation to the applicable
authorizing committee that reports such measure and increase
the allocation of discretionary spending (budget authority
and outlays flowing therefrom) to the Committee on
Appropriations for fiscal year 2018 by an amount equal to the
new budget authority (and outlays flowing therefrom) provided
for in a bill or joint resolution making appropriations for
the same purpose.
(b) Determinations.--In the House of Representatives, for
purposes of enforcing this concurrent resolution, the
allocations and aggregate levels of new budget authority,
outlays, direct spending, revenues, deficits, and surpluses
for fiscal year 2018 and the total of fiscal years 2018
through 2027 shall be determined on the basis of estimates
made by the chair of the Committee on the Budget and such
chair may adjust the applicable levels in this concurrent
resolution.
SEC. 5109. SCORING RULE FOR ENERGY SAVINGS PERFORMANCE
CONTRACTS.
(a) In General.--The Director of the Congressional Budget
Office shall estimate provisions of any bill or joint
resolution, or amendment thereto or conference report
thereon, that provides the authority to enter into or modify
any covered energy savings contract on a net present value
basis (NPV).
(b) NPV Calculations.--The net present value of any covered
energy savings contract shall be calculated as follows:
(1) The discount rate shall reflect market risk.
(2) The cash flows shall include, whether classified as
mandatory or discretionary, payments to contractors under the
terms of their contracts, payments to contractors for other
services, and direct savings in energy and energy-related
costs.
(3) The stream of payments shall cover the period covered
by the contracts but not to exceed 25 years.
(c) Definition.--As used in this section, the term
``covered energy savings contract'' means--
(1) an energy savings performance contract authorized under
section 801 of the National Energy Conservation Policy Act;
or
(2) a utility energy service contract, as described in the
Office of Management and Budget Memorandum on Federal Use of
Energy Savings Performance Contracting, dated July 25, 1998
(M-98-13), and the Office of Management and Budget Memorandum
on the Federal Use of Energy Saving Performance Contracts and
Utility Energy Service Contracts, dated September 28, 2015
(M-12-21), or any successor to either memorandum.
(d) Enforcement in the House of Representatives.--In the
House of Representatives, if any net present value of any
covered energy savings contract calculated under subsection
(b) results in a net savings, then the budgetary effects of
such contract shall not be counted for purposes of titles III
and IV of the Congressional Budget Act of 1974, this
concurrent resolution, or clause 10 of rule XXI of the Rules
of the House of Representatives.
(e) Classification of Spending.--For purposes of budget
enforcement, the estimated net present value of the budget
authority provided by the measure, and outlays flowing
therefrom, shall be classified as direct spending.
(f) Sense of the House of Representatives.--It is the sense
of the House of Representatives that--
(1) the Director of the Office of Management and Budget, in
consultation with the Director of the Congressional Budget
Office, should separately identify the cash flows under
subsection (b)(2) and include such information in the
President's annual budget submission under section 1105(a) of
title 31, United States Code; and
(2) the scoring method used in this section should not be
used to score any contracts other than covered energy savings
contracts.
SEC. 5110. LIMITATION ON TRANSFERS FROM THE GENERAL FUND OF
THE TREASURY TO THE HIGHWAY TRUST FUND.
In the House of Representatives, for purposes of the
Congressional Budget Act of 1974, the Balanced Budget and
Emergency Deficit Control Act of 1985, and the rules or
orders of the House of Representatives, a bill or joint
resolution, or an amendment thereto or conference report
thereon, that transfers funds from the general fund of the
Treasury to the Highway Trust Fund shall be counted as new
budget authority and outlays equal to the amount of the
transfer in the fiscal year the transfer occurs.
SEC. 5111. PROHIBITION ON USE OF FEDERAL RESERVE SURPLUSES AS
AN OFFSET.
In the House of Representatives, any provision of a bill or
joint resolution, or amendment thereto or conference report
thereon, that transfers any portion of the net surplus of the
Federal Reserve System to the general fund of the Treasury
shall not be counted for purposes of enforcing the
Congressional Budget Act of 1974, this concurrent resolution,
or clause 10 of rule XXI of the Rules of the House of
Representatives.
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SEC. 5112. PROHIBITION ON USE OF GUARANTEE FEES AS AN OFFSET.
In the House of Representatives, any provision of a bill or
joint resolution, or amendment thereto or conference report
thereon, that increases, or extends the increase of, any
guarantee fees of the Federal National Mortgage Association
(Fannie Mae) or the Federal Home Loan Mortgage Corporation
(Freddie Mac) shall not be counted for purposes of enforcing
the Congressional Budget Act of 1974, this concurrent
resolution, or clause 10 of rule XXI of the Rules of the
House of Representatives.
SEC. 5113. MODIFICATION OF RECONCILIATION IN THE HOUSE OF
REPRESENTATIVES.
(a) In General.--Section 2002 shall have no force or
effect.
(b) Reconciliation in the House of Representatives.--Not
later than November 13, 2017, the Committee on Ways and Means
of the House of Representatives shall report to the House of
Representatives changes in laws within its jurisdiction that
increase the deficit by not more than $1,500,000,000,000 for
the period of fiscal years 2018 through 2027.
Subtitle B--Other Provisions
SEC. 5201. BUDGETARY TREATMENT OF ADMINISTRATIVE EXPENSES.
(a) In General.--In the House of Representatives,
notwithstanding section 302(a)(1) of the Congressional Budget
Act of 1974, section 13301 of the Budget Enforcement Act of
1990, and section 2009a of title 39, United States Code, the
report or the joint explanatory statement, as applicable,
accompanying this concurrent resolution shall include in its
allocation to the Committee on Appropriations under section
302(a) of the Congressional Budget Act of 1974 amounts for
the discretionary administrative expenses of the Social
Security Administration and the United States Postal Service.
(b) Special Rule.--In the House of Representatives, for
purposes of enforcing section 302(f) of the Congressional
Budget Act of 1974, estimates of the levels of total new
budget authority and total outlays provided by a measure
shall include any discretionary amounts described in
subsection (a).
SEC. 5202. APPLICATION AND EFFECT OF CHANGES IN ALLOCATIONS
AND AGGREGATES.
(a) Application.--In the House of Representatives, any
adjustments of the allocations, aggregates, and other
budgetary levels made pursuant to this concurrent resolution
shall--
(1) apply while that measure is under consideration;
(2) take effect upon the enactment of that measure; and
(3) be published in the Congressional Record as soon as
practicable.
(b) Effect of Changed Allocations and Aggregates.--Revised
allocations and aggregates resulting from these adjustments
shall be considered for the purposes of the Congressional
Budget Act of 1974 as the allocations and aggregates
contained in this concurrent resolution.
(c) Budget Committee Determinations.--For purposes of this
concurrent resolution, the budgetary levels for a fiscal year
or period of fiscal years shall be determined on the basis of
estimates made by the chair of the Committee on the Budget of
the House of Representatives.
(d) Aggregates, Allocations and Application.--In the House
of Representatives, for purposes of this concurrent
resolution and budget enforcement, the consideration of any
bill or joint resolution, or amendment thereto or conference
report thereon, for which the chair of the Committee on the
Budget makes adjustments or revisions in the allocations,
aggregates, and other budgetary levels of this concurrent
resolution shall not be subject to the points of order set
forth in clause 10 of rule XXI of the Rules of the House of
Representatives or section 5101 of this concurrent
resolution.
(e) Other Adjustments.--The chair of the Committee on the
Budget of the House of Representatives may adjust other
appropriate levels in this concurrent resolution depending on
congressional action on pending reconciliation legislation.
SEC. 5203. ADJUSTMENTS TO REFLECT CHANGES IN CONCEPTS AND
DEFINITIONS.
In the House of Representatives, the chair of the Committee
on the Budget may adjust the appropriate aggregates,
allocations, and other budgetary levels in this concurrent
resolution for any change in budgetary concepts and
definitions consistent with section 251(b)(1) of the Balanced
Budget and Emergency Deficit Control Act of 1985.
SEC. 5204. ADJUSTMENT FOR CHANGES IN THE BASELINE.
In the House of Representatives, the chair of the Committee
on the Budget may adjust the allocations, aggregates,
reconciliation targets, and other appropriate budgetary
levels in this concurrent resolution to reflect changes
resulting from the Congressional Budget Office's update to
its baseline for fiscal years 2018 through 2027.
SEC. 5205. APPLICATION OF RULE REGARDING LIMITS ON
DISCRETIONARY SPENDING.
Section 314(f) of the Congressional Budget Act of 1974
shall not apply in the House of Representatives to any bill,
joint resolution, or amendment that provides new budget
authority for a fiscal year or to any conference report on
any such bill or resolution if--
(1) the enactment of that bill or resolution;
(2) the adoption and enactment of that amendment; or
(3) the enactment of that bill or resolution in the form
recommended in that conference report,
would not cause the 302(a) allocation to the Committee on
Appropriations for fiscal year 2018 to be exceeded.
SEC. 5206. ENFORCEMENT FILING IN THE HOUSE.
In the House of Representatives, if a concurrent resolution
on the budget for fiscal year 2018 is adopted without the
appointment of a committee of conference on the disagreeing
votes of the two Houses with respect to this concurrent
resolution on the budget, for the purpose of enforcing the
Congressional Budget Act of 1974 and applicable rules and
requirements set forth in the concurrent resolution on the
budget, the allocations and list provided for in this section
shall apply in the House of Representatives in the same
manner as if such allocations and list were in a joint
explanatory statement accompanying a conference report on the
budget for fiscal year 2018. The chair of the Committee on
the Budget of the House of Representatives shall submit a
statement for publication in the Congressional Record
containing--
(1) for the Committee on Appropriations, committee
allocations for fiscal year 2018 consistent with title I for
the purpose of enforcing section 302 of the Congressional
Budget Act of 1974 (2 U.S.C. 633);
(2) for all committees other than the Committee on
Appropriations, committee allocations consistent with title I
for fiscal year 2018 and for the period of fiscal years 2018
through 2027 for the purpose of enforcing 302 of the
Congressional Budget Act of 1974 (2 U.S.C. 633); and
(3) a list of programs, projects, activities, or accounts
identified for advance appropriations for the purpose of
enforcing section 5104 of this concurrent resolution.
SEC. 5207. EXERCISE OF RULEMAKING POWERS.
The House of Representatives adopts the provisions of this
title and section 2002--
(1) as an exercise of the rulemaking power of the House of
Representatives, and as such they shall be considered as part
of the rules of the House of Representatives, and such rules
shall supersede other rules only to the extent that they are
inconsistent with such other rules; and
(2) with full recognition of the constitutional right of
the House of Representatives to change those rules at any
time, in the same manner, and to the same extent as is the
case of any other rule of the House of Representatives.
Subtitle C--Adjustment Authority
SEC. 5301. ADJUSTMENT AUTHORITY FOR AMENDMENTS TO STATUTORY
CAPS.
During the 115th Congress, if a measure becomes law that
amends the discretionary spending limits established under
section 251(c) of the Balanced Budget and Emergency Deficit
Control Act of 1985 (2 U.S.C. 901(c)), such as a measure
increasing the limit for the revised security category for
fiscal year 2018 to be $640,000,000,000, the chair of the
Committee on the Budget of the House of Representatives may
adjust the allocation called for under section 302(a) of the
Congressional Budget Act of 1974 (2 U.S.C. 633(a)) to the
appropriate committee or committees of the House of
Representatives, and may adjust all other budgetary
aggregates, allocations, levels, and limits contained in this
resolution, as necessary, consistent with such measure.
Subtitle D--Reserve Funds
SEC. 5401. RESERVE FUND FOR COMMERCIALIZATION OF AIR TRAFFIC
CONTROL.
(a) In General.--In the House of Representatives, the chair
of the Committee on the Budget may adjust, at a time the
chair deems appropriate, the section 302(a) allocation to the
Committee on Transportation and Infrastructure and other
applicable committees of the House of Representatives,
aggregates, and other appropriate levels established in this
concurrent resolution for a bill or joint resolution, or
amendment thereto or conference report thereon, that
commercializes the operations of the air traffic control
system if such measure reduces the discretionary spending
limits in section 251(c) of the Balanced Budget and Emergency
Deficit Control Act of 1985 by the amount that would
otherwise be appropriated to the Federal Aviation
Administration for air traffic control. Adjustments to the
section 302(a) allocation to the Committee on Appropriations,
consistent with the adjustments to the discretionary spending
limits under such section 251(c), shall only be made upon
enactment of such measure.
(b) Definition.--For purposes of this section, a measure
that commercializes the operations of the air traffic control
system shall be a measure that establishes a Federally-
chartered, not-for-profit corporation that--
(1) is authorized to provide air traffic control services
within the United States airspace;
(2) sets user fees to finance its operations;
(3) may borrow from private capital markets to finance
improvements;
(4) is governed by a board of directors composed of a CEO
and directors whose fiduciary duty is to the entity; and
(5) becomes the employer of those employees directly
connected to providing air traffic control services and who
the Secretary transfers from the Federal Government.
SEC. 5402. RESERVE FUND FOR INVESTMENTS IN NATIONAL
INFRASTRUCTURE.
In the House of Representatives, the chair of the Committee
on the Budget may adjust
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the allocations, aggregates, and other appropriate levels in
this concurrent resolution for any bill or joint resolution,
or amendment thereto or conference report thereon, that
invests in national infrastructure to the extent that such
measure is deficit neutral for the total of fiscal years 2018
through 2027.
SEC. 5403. RESERVE FUND FOR COMPREHENSIVE TAX REFORM.
In the House of Representatives, if the Committee on Ways
and Means reports a bill or joint resolution that provides
for comprehensive tax reform, the chair of the Committee on
the Budget may adjust the allocations, aggregates, and other
appropriate budgetary levels in this concurrent resolution
for the budgetary effects of any such bill or joint
resolution, or amendment thereto or conference report
thereon, if such measure would not increase the deficit for
the total of fiscal years 2018 through 2027.
SEC. 5404. RESERVE FUND FOR THE STATE CHILDREN'S HEALTH
INSURANCE PROGRAM.
In the House of Representatives, the chair of the Committee
on the Budget may adjust the allocations, budget aggregates
and other appropriate levels in this concurrent resolution
for the budgetary effects of any bill or joint resolution, or
amendment thereto or conference report thereon, that extends
the State Children's Health Insurance Program allotments, if
such measure would not increase the deficit for the total of
fiscal years 2018 through 2027.
SEC. 5405. RESERVE FUND FOR THE REPEAL OR REPLACEMENT OF
PRESIDENT OBAMA'S HEALTH CARE LAWS.
In the House of Representatives, the chair of the Committee
on the Budget may revise the allocations, aggregates, and
other appropriate budgetary levels in this concurrent
resolution for the budgetary effects of any bill or joint
resolution, or amendment thereto or conference report
thereon, that repeals or replaces any provision of the
Patient Protection and Affordable Care Act or title I or
subtitle B of title II of the Health Care and Education
Reconciliation Act of 2010 by the amount of budget authority
and outlays flowing therefrom provided by such measure for
such purpose.
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