[Congressional Record (Bound Edition), Volume 146 (2000), Part 5]
[House]
[Pages 7383-7391]
[From the U.S. Government Publishing Office, www.gpo.gov]



                               AMENDMENTS

  Under clause 8 of rule XVIII, proposed amendments were submitted as 
follows:

                                H.R. 853

                         Offered by: Mr. Nussle

       Amendment No. 1: Strike all after the enacting clause and 
     insert the following:

     SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

       (a) Short Title.--This Act may be cited as the 
     ``Comprehensive Budget Process Reform Act of 2000''.
       (b) Table of Contents.--

Sec. 1. Short title; table of contents.
Sec. 2. Purpose.
Sec. 3. Effective date.
Sec. 4. Declaration of purposes for the Budget Act.

                   TITLE I--BUDGET WITH FORCE OF LAW

Sec. 101. Purposes.
Sec. 102. The timetable.
Sec. 103. Annual joint resolutions on the budget.
Sec. 104. Budget required before spending bills may be considered; 
              fall-back procedures if President vetoes joint budget 
              resolution.
Sec. 105. Conforming amendments to effectuate joint resolutions on the 
              budget.

                 TITLE II--RESERVE FUND FOR EMERGENCIES

Sec. 201. Purpose.
Sec. 202. Repeal of adjustments for emergencies.
Sec. 203. OMB emergency criteria.
Sec. 204. Development of guidelines for application of emergency 
              definition.
Sec. 205. Reserve fund for emergencies in President's budget.
Sec. 206. Adjustments and reserve fund for emergencies in joint budget 
              resolutions.
Sec. 207. Up-to-date tabulations.
Sec. 208. Prohibition on amendments to emergency reserve fund.
Sec. 209. Effective date.

             TITLE III--ENFORCEMENT OF BUDGETARY DECISIONS

Sec. 301. Purposes.

  Subtitle A--Application of Points of Order to Unreported Legislation

Sec. 311. Application of Budget Act points of order to unreported 
              legislation.

             Subtitle B--Compliance with Budget Resolution

Sec. 321. Budget compliance statements.

            Subtitle C--Justification for Budget Act Waivers

Sec. 331. Justification for Budget Act waivers in the House of 
              Representatives.

             Subtitle D--CBO Scoring of Conference Reports

Sec. 341. CBO scoring of conference reports.

             TITLE IV--ACCOUNTABILITY FOR FEDERAL SPENDING

Sec. 401. Purposes.

               Subtitle A--Limitations on Direct Spending

Sec. 411. Fixed-year authorizations required for new programs.
Sec. 412. Amendments to subject new direct spending to annual 
              appropriations.

     Subtitle B--Enhanced Congressional Oversight Responsibilities

Sec. 421. Ten-year congressional review requirement of permanent budget 
              authority.
Sec. 422. Justifications of direct spending.
Sec. 423. Survey of activity reports of House committees.
Sec. 424. Continuing study of additional budget process reforms.
Sec. 425. GAO reports.

                Subtitle C--Strengthened Accountability

Sec. 431. Ten-year CBO estimates.
Sec. 432. Repeal of rule XXIII of the Rules of the House of 
              Representatives.

    TITLE V--BUDGETING FOR UNFUNDED LIABILITIES AND OTHER LONG-TERM 
                              OBLIGATIONS

Sec. 501. Purposes.

     Subtitle A--Budgetary Treatment of Federal Insurance Programs

Sec. 511. Federal insurance programs.

           Subtitle B--Reports on Long-Term Budgetary Trends

Sec. 521. Reports on long-term budgetary trends.

                    TITLE VI--BASELINE AND BYRD RULE

Sec. 601. Purpose.

                        Subtitle A--The Baseline

Sec. 611. The President's budget.
Sec. 612. The congressional budget.
Sec. 613. Congressional Budget Office reports to committees.
Sec. 614. Outyear assumptions for discretionary spending.

                       Subtitle B--The Byrd Rule

Sec. 621. Limitation on Byrd rule.

     SEC. 3. EFFECTIVE DATE.

       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, 2001.

     SEC. 4. DECLARATION OF PURPOSES FOR THE BUDGET ACT.

       Paragraphs (1) and (2) of section 2 of the Congressional 
     Budget and Impoundment Control Act of 1974 are amended to 
     read as follows:
       ``(1) to assure effective control over the budgetary 
     process;
       ``(2) to facilitate the determination each year of the 
     appropriate level of Federal revenues and expenditures by the 
     Congress and the President;''.

                   TITLE I--BUDGET WITH FORCE OF LAW

     SEC. 101. PURPOSES.

       The purposes of this title are to--
       (1) focus initial budgetary deliberations on aggregate 
     levels of Federal spending and taxation;
       (2) encourage cooperation between Congress and the 
     President in developing overall budgetary priorities; and
       (3) reach budgetary decisions early in the legislative 
     cycle.

     SEC. 102. THE TIMETABLE.

       Section 300 of the Congressional Budget Act of 1974 is 
     amended to read as follows:


                              ``timetable

       ``Sec. 300. The timetable with respect to the congressional 
     budget process for any fiscal year is as follows:

Action to be completed:
President submits his budget...........................................
Congressional Budget Office submits report to Budget Committees........
Committees submit views and estimates to Budget Committees.............
Senate Budget Committee reports joint resolution on the budget.........
Congress completes action on joint resolution on the budget............
House Appropriations Committee reports last annual appropriation bill..
Congress completes action on reconciliation legislation................
House completes action on annual appropriation bills...................
Fiscal year begins.''..................................................

     SEC. 103. ANNUAL JOINT RESOLUTIONS ON THE BUDGET.

       (a) Content of Annual Joint Resolutions on the Budget.--
     Section 301(a) of the Congressional Budget Act of 1974 is 
     amended as follows:
       (1) Strike paragraph (4) and insert the following new 
     paragraph:
       ``(4) subtotals of new budget authority and outlays for 
     nondefense discretionary spending, defense discretionary 
     spending, direct spending (excluding interest), and interest; 
     and for fiscal years to which the amendments made by title II 
     of the Comprehensive Budget Process Reform Act of 2000 apply, 
     subtotals of new budget authority and outlays for 
     emergencies;''.
       (2) Strike the last sentence of such subsection.
       (b) Additional Matters in Joint Resolution.--Section 301(b) 
     of the Congressional Budget Act of 1974 is amended as 
     follows:
       (1) Strike paragraphs (2), (4), and (6) through (9).
       (2) After paragraph (1), insert the following new 
     paragraph:
       ``(2) if submitted by the Committee on Ways and Means of 
     the House of Representatives or the Committee on Finance of 
     the Senate to the Committee on the Budget of that House of 
     Congress, amend section 3101 of title 31, United States Code, 
     to change the statutory limit on the public debt;''.
       (3) After paragraph (3), insert the following new 
     paragraph:
       ``(4) require such other congressional procedures, relating 
     to the budget, as may be appropriate to carry out the 
     purposes of this Act;''; and
       (4) After paragraph (5), insert the following new 
     paragraph:
       ``(6) set forth procedures in the Senate whereby committee 
     allocations, aggregates, and other levels can be revised for 
     legislation if that legislation would not increase the 
     deficit, or would not increase the deficit when taken with 
     other legislation enacted

[[Page 7384]]

     after the adoption of the resolution, for the first fiscal 
     year or the total period of fiscal years covered by the 
     resolution.''.
       (c) Required Contents of Report.--Section 301(e)(2) of the 
     Congressional Budget Act of 1974 is amended as follows:
       (1) Redesignate subparagraphs (A), (B), (C), (D), (E), and 
     (F) as subparagraphs (B), (C), (E), (F), (H), and (I), 
     respectively.
       (2) Before subparagraph (B) (as redesignated), insert the 
     following new subparagraph:
       ``(A) new budget authority and outlays for each major 
     functional category, based on allocations of the total levels 
     set forth pursuant to subsection (a)(1);''.
       (3) In subparagraph (C) (as redesignated), strike 
     ``mandatory'' and insert ``direct spending''.
       (4) After subparagraph (C) (as redesignated), insert the 
     following new subparagraph:
       ``(D) 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, and direct spending as set forth 
     in such resolution;''.
       (5) After subparagraph (F) (as redesignated), insert the 
     following new subparagraph:
       ``(G) 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;''.
       (d) Additional Contents of Report.--Section 301(e)(3) of 
     the Congressional Budget Act of 1974 is amended as follows:
       (1) Redesignate subparagraphs (A) and (B) as subparagraphs 
     (B) and (C), respectively, strike subparagraphs (C) and (D), 
     and redesignate subparagraph (E) as subparagraph (D).
       (2) Before subparagraph (B), insert the following new 
     subparagraph:
       ``(A) reconciliation directives described in section 
     310;''.
       (e) President's Budget Submission to the Congress.--(1) The 
     first two sentences of section 1105(a) of title 31, United 
     States Code, are amended to read as follows:

     ``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:
       ``(A) totals of new budget authority and outlays;
       ``(B) 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;
       ``(C) the surplus or deficit in the budget;
       ``(D) subtotals of new budget authority and outlays for 
     nondefense discretionary spending, defense discretionary 
     spending, direct spending, and interest; and for fiscal years 
     to which the amendments made by title II of the Comprehensive 
     Budget Process Reform Act of 2000 apply, subtotals of new 
     budget authority and outlays for emergencies; and
       ``(E) the public debt.

     Each budget submission shall include a budget message and 
     summary and supporting information and, as a separately 
     delineated statement, the levels required in the preceding 
     sentence for at least each of the 9 ensuing fiscal years.''.
       (2) The third sentence of section 1105(a) of title 31, 
     United States Code, is amended by inserting ``submission'' 
     after ``budget''.
       (f) Limitation on Contents of Budget Resolutions.--Section 
     305 of the Congressional Budget Act of 1974 is amended by 
     adding at the end the following new subsection:
       ``(e) Limitation on Contents.--(1) A joint resolution on 
     the budget and the report accompanying it may not--
       ``(A) appropriate or otherwise provide, impound, or rescind 
     any new budget authority, increase any outlay, or increase or 
     decrease any revenue (other than through reconciliation 
     instructions);
       ``(B) directly (other than through reconciliation 
     instructions) establish or change any program, project, or 
     activity;
       ``(C) establish or change any limit or control over 
     spending, outlays, receipts, or the surplus or deficit except 
     those that are enforced through congressional rule making; or
       ``(D) amend any law except as provided by section 304 
     (permissible revisions of joint resolutions on the budget) or 
     enact any provision of law that contains any matter not 
     permitted in section 301(a) or (b).
       ``(2) No allocation under section 302(a) shall be construed 
     as changing such discretionary spending limit.
       ``(3) 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 not 
     permitted in section 301(a) or (b).
       ``(4) 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.''.

     SEC. 104. BUDGET REQUIRED BEFORE SPENDING BILLS MAY BE 
                   CONSIDERED; FALL-BACK PROCEDURES IF PRESIDENT 
                   VETOES JOINT BUDGET RESOLUTION.

       (a) Amendments to Section 302.--Section 302(a) of the 
     Congressional Budget Act of 1974 is amended by striking 
     paragraph (5).
       (b) Amendments to Section 303 and Conforming Amendments.--
     (1) Section 303 of the Congressional Budget Act of 1974 is 
     amended--
       (A) in subsection (b), by striking paragraph (2), by 
     inserting ``or'' at the end of paragraph (1), and by 
     redesignating paragraph (3) as paragraph (2); and
       (B) by striking its section heading and inserting the 
     following new section heading: ``consideration of budget-
     related legislation before budget becomes law''.
       (2) Section 302(g)(1) of the Congressional Budget Act of 
     1974 is amended by striking ``and, after April 15, section 
     303(a)''.
       (3)(A) Section 904(c)(1) of the Congressional Budget Act of 
     1974 is amended by inserting ``303(a),'' before 
     ``305(b)(2),''.
       (B) Section 904(d)(2) of the Congressional Budget Act of 
     1974 is amended by inserting ``303(a),'' before 
     ``305(b)(2),''.
       (c) Expedited Procedures Upon Veto of Joint Resolution on 
     the Budget.--(1) Title III of the Congressional Budget Act of 
     1974 is amended by adding after section 315 the following new 
     section:


   ``expedited procedures upon veto of joint resolution on the budget

       ``Sec. 316. (a) Special Rule.--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) may 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.
       ``(b) Procedure in the House of Representatives and the 
     Senate.--
       ``(1) 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.
       ``(2) 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 such debate shall 
     be limited to not more than 3 hours.
       ``(c) Contents of Concurrent Resolutions.--Any concurrent 
     resolution on the budget introduced under subsection (a) 
     shall be in compliance with section 301.
       ``(d) Effect of Concurrent Resolution on the Budget.--
     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.''.
       (2) 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:

``Sec. 316. Expedited procedures upon veto of joint resolution on the 
              budget.''.

     SEC. 105. CONFORMING AMENDMENTS TO EFFECTUATE JOINT 
                   RESOLUTIONS ON THE BUDGET.

       (a) Conforming Amendments to the Congressional Budget and 
     Impoundment Control Act of 1974.--(1)(A) 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 ``concurrent'' each place it appears and 
     by inserting ``joint''.
       (B)(i) Sections 302(d), 302(g), 308(a)(1)(A), and 310(d)(1) 
     of the Congressional Budget Act of 1974 are amended by 
     striking ``most recently agreed to concurrent resolution on 
     the budget'' each place it occurs and inserting ``most 
     recently enacted joint resolution on the budget or agreed to 
     concurrent resolution on the budget (as applicable)''.
       (ii) The section heading of section 301 is amended by 
     striking ``adoption of concurrent

[[Page 7385]]

     resolution'' and inserting ``joint resolutions'';
       (iii) Section 304 of such Act is amended to read as 
     follows:


             ``permissible revisions of budget resolutions

       ``Sec. 304. 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. If a concurrent 
     resolution on the budget has been agreed to pursuant to 
     section 316, then before the end of such fiscal year, the two 
     Houses may adopt a concurrent resolution on the budget which 
     revises or reaffirms the concurrent resolution on the budget 
     for such fiscal year most recently agreed to.''.
       (C) Sections 302, 303, 310, and 311, of such Act are 
     amended by striking ``agreed to'' each place it appears and 
     by inserting ``enacted''.
       (2)(A) Paragraph (4) of section 3 of the Congressional 
     Budget and Impoundment Control Act of 1974 is amended by 
     striking ``concurrent'' each place it appears and by 
     inserting ``joint''.
       (B) The table of contents set forth in section 1(b) of such 
     Act is amended--
       (i) in the item relating to section 301, by striking 
     ``adoption of concurrent resolution'' and inserting ``joint 
     resolutions'';
       (ii) by striking the item relating to section 303 and 
     inserting the following:

``Sec. 303. Consideration of budget-related legislation before budget 
              becomes law.'';

       (iii) in the item relating to section 304, by striking 
     ``concurrent'' and inserting ``budget'' the first place it 
     appears and by striking ``on the budget''; and
       (iv) by striking ``concurrent'' and inserting ``joint'' in 
     the item relating to section 305.
       (b) Conforming Amendments to the Rules of the House of 
     Representatives.--(1) Clauses 1(e)(1), 4(a)(4), 4(b)(2), 
     4(f)(1)(A), and 4(f)(2) of rule X, clause 10 of rule XVIII, 
     and clause 10 of rule XX of the Rules of the House of 
     Representatives are amended by striking ``concurrent'' each 
     place it appears and inserting ``joint''.
       (2) Clause 10 of rule XVIII of the Rules of the House of 
     Representatives is amended--
       (A) in paragraph (b)(2), by striking ``(5)'' and inserting 
     ``(6)''; and
       (B) by striking paragraph (c).
       (c) Conforming Amendments to the Balanced Budget and 
     Emergency Deficit Control Act of 1985.--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 ``concurrent'' 
     and inserting ``joint''.
       (d) Conforming Amendments to Section 310 Regarding 
     Reconciliation Directives.--(1) The side heading of section 
     310(a) of the Congressional Budget Act of 1974 (as amended by 
     section 105(a)) is further amended by inserting ``Joint 
     Explanatory Statement Accompanying Conference Report on'' 
     before ``Joint''.
       (2) Section 310(a) of such Act is amended by striking ``A'' 
     and inserting ``The joint explanatory statement accompanying 
     the conference report on a''.
       (3) The first sentence of section 310(b) of such Act is 
     amended by striking ``If'' and inserting ``If the joint 
     explanatory statement accompanying the conference report 
     on''.
       (4) Section 310(c)(1) of such Act is amended by inserting 
     ``the joint explanatory statement accompanying the conference 
     report on'' after ``pursuant to''.
       (5) Subsection (g) of section 310 of such Act is repealed.
       (e) Conforming Amendments to Section 3 Regarding Direct 
     Spending.--Section 3 of the Congressional Budget and 
     Impoundment Control Act of 1974 is amended by adding at the 
     end the following new paragraph:
       ``(11) The term `direct spending' has the meaning given to 
     such term in section 250(c)(8) of the Balanced Budget and 
     Emergency Deficit Control Act of 1985.''.
       (f) Technical Amendment Regarding Revised Suballocations.--
     Section 314(d) of the Congressional Budget Act of 1974 is 
     amended by--
       (1) striking ``Reporting'' in the side heading, by 
     inserting ``the chairmen of'' before ``the Committees'', and 
     by striking ``may report'' and inserting ``shall make and 
     have published in the Congressional Record''; and
       (2) adding at the end the following new sentence: ``For 
     purposes of considering amendments (other than for amounts 
     for emergencies covered by subsection (b)(1)), suballocations 
     shall be deemed to be so adjusted.''.

                 TITLE II--RESERVE FUND FOR EMERGENCIES

     SEC. 201. PURPOSE.

       The purposes of this title are to--
       (1) develop budgetary and fiscal procedures for 
     emergencies;
       (2) subject spending for emergencies to budgetary 
     procedures and controls; and
       (3) establish criteria for determining compliance with 
     emergency requirements.

     SEC. 202. REPEAL OF ADJUSTMENTS FOR EMERGENCIES.

       (a) Discretionary Spending Limits.--(1) Section 
     251(b)(2)(A) of the Balanced Budget and Emergency Deficit 
     Control Act of 1985 is repealed.
       (2) Such section 251(b)(2) is further amended by 
     redesignating subparagraphs (B) through (G) as subparagraphs 
     (A) through (F).
       (b) Direct Spending.--Sections 252(e) and 252(d)(4)(B) of 
     the Balanced Budget and Emergency Deficit Control Act of 1985 
     are repealed.
       (c) Emergency Designation.--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).
       (d) Amount of Adjustments.--Section 314(b) of the 
     Congressional Budget Act of 1974 is amended by striking 
     paragraph (1) and by redesignating paragraphs (2) through (6) 
     as paragraphs (1) through (5), respectively.

     SEC. 203. OMB EMERGENCY CRITERIA.

       Section 3 of the Congressional Budget and Impoundment 
     Control Act of 1974 (as amended by section 105(e)) is further 
     amended by adding at the end the following new paragraph:
       ``(12)(A) The term `emergency' means a situation that--
       ``(i) 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
       ``(ii) is unanticipated.
       ``(B) As used in subparagraph (A), the term `unanticipated' 
     means that the situation is--
       ``(i) sudden, which means quickly coming into being or not 
     building up over time;
       ``(ii) urgent, which means a pressing and compelling need 
     requiring immediate action;
       ``(iii) unforeseen, which means not predicted or 
     anticipated as an emerging need; and
       ``(iv) temporary, which means not of a permanent 
     duration.''.

     SEC. 204. DEVELOPMENT OF GUIDELINES FOR APPLICATION OF 
                   EMERGENCY DEFINITION.

       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.

     SEC. 205. RESERVE FUND FOR EMERGENCIES IN PRESIDENT'S BUDGET.

       Section 1105 of title 31, United States Code is amended by 
     adding at the end the following new subsections:
       ``(h) The budget transmitted pursuant to subsection (a) for 
     a fiscal year shall include a reserve fund for emergencies. 
     The amount set forth in such fund shall be calculated as 
     provided under section 317(b) of the Congressional Budget Act 
     of 1974.
       ``(i) In the case of any budget authority requested for an 
     emergency, such submission shall include a detailed 
     justification of the reasons that such emergency is an 
     emergency within the meaning of section 3(12) of the 
     Congressional Budget Act of 1974, consistent with the 
     guidelines described in section 204 of the Comprehensive 
     Budget Process Reform Act of 2000.''.

     SEC. 206. ADJUSTMENTS AND RESERVE FUND FOR EMERGENCIES IN 
                   JOINT BUDGET RESOLUTIONS.

       (a) Emergencies.--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:


                             ``emergencies

       ``Sec. 317. (a) Adjustments.--
       ``(1) In general.--After the reporting of a bill or joint 
     resolution or the submission of a conference report thereon 
     that provides budget authority for any emergency as 
     identified pursuant to subsection (d)--
       ``(A) the chairman (in consultation with the ranking 
     minority member) of the Committee on the Budget of the House 
     of Representatives or the Senate shall determine and certify, 
     pursuant to the guidelines referred to in section 204 of the 
     Comprehensive Budget Process Reform Act of 2000, the portion 
     (if any) of the amount so specified that is for an emergency 
     within the meaning of section 3(12); and
       ``(B) such chairman shall make the adjustment set forth in 
     paragraph (2) for the amount of new budget authority (or 
     outlays) in that measure and the outlays flowing from that 
     budget authority.
       ``(2) Matters to be adjusted.--The adjustments referred to 
     in paragraph (1) are to be made to the allocations made 
     pursuant to the appropriate joint resolution on the budget 
     pursuant to section 302(a) and shall be in an amount not to 
     exceed the amount reserved for emergencies pursuant to the 
     requirements of subsection (b).
       ``(3) Permissible committee vote on adjustments.--Any 
     adjustment made by the chairman of the Committee on the 
     Budget of the House of Representatives or the Senate under 
     paragraph (1) may be placed before the

[[Page 7386]]

     committee for its consideration by a majority vote of the 
     members of the committee, a quorum being present.
       ``(b) Reserve Fund for Emergencies.--
       ``(1) Amounts.--(A) The amount set forth in the reserve 
     fund for emergencies for budget authority for a fiscal year 
     pursuant to section 301(a)(4) shall equal the average of the 
     enacted levels of budget authority for emergencies in the 5 
     fiscal years preceding the current year.
       ``(B) The amount set forth in the reserve fund for 
     emergencies for outlays pursuant to section 301(a)(4) shall 
     be the following:
       ``(i) For the budget year, the amount provided by 
     subparagraph (C)(i).
       ``(ii) For the year following the budget year, the sum of 
     the amounts provided by subparagraphs (i) and (ii).
       ``(iii) For the second year following the budget year, the 
     sum of the amounts provided by subparagraphs (i), (ii), and 
     (iii).
       ``(iv) For the third year following the budget year, the 
     sum of the amounts provided by subparagraphs (i), (ii), 
     (iii), and (iv).
       ``(v) For the fourth year following the budget year, the 
     sum of the amounts provided by subparagraphs (i), (ii), 
     (iii), (iv), and (v).
       ``(C) The amount used to calculate the levels of the 
     reserve fund for emergencies for outlays shall be the--
       ``(i) average outlays flowing from new budget authority in 
     the fiscal year that the budget authority was provided;
       ``(ii) average outlays flowing from new budget authority in 
     the fiscal year following the fiscal year in which the budget 
     authority was provided;
       ``(iii) average outlays flowing from new budget authority 
     in the second fiscal year following the fiscal year in which 
     the budget authority was provided;
       ``(iv) average outlays flowing from new budget authority in 
     the third fiscal year following the fiscal year in which the 
     budget authority was provided for budget authority provided; 
     and
       ``(v) average outlays flowing from new budget authority in 
     the fourth fiscal year following the fiscal year in which the 
     budget authority was provided;

     if such budget authority was provided within the period of 
     the 5 fiscal years preceding the current year.
       ``(2) Average levels.--For purposes of paragraph (1), the 
     amount used for a fiscal year to calculate the average of the 
     enacted levels when one or more of such 5 preceding fiscal 
     years is any of fiscal years 1996 through 2000 shall be for 
     emergencies within the definition of section 3(12)(A) as 
     determined by the Committees on the Budget of the House of 
     Representatives and the Senate after receipt of a report on 
     such matter transmitted to such committees by the Director of 
     the Congressional Budget Office 6 months after the date of 
     enactment of this section and thereafter in February of each 
     calendar year.
       ``(c) Emergencies in Excess of Amounts in Reserve Fund.--
     Whenever the Committee on Appropriations or any other 
     committee reports any bill or joint resolution that provides 
     budget authority for any emergency and the report 
     accompanying that bill or joint resolution, pursuant to 
     subsection (d), identifies any provision that increases 
     outlays or provides budget authority (and the outlays flowing 
     therefrom) for such emergency, the enactment of which would 
     cause--
       ``(1) in the case of the Committee on Appropriations, the 
     total amount of budget authority or outlays provided for 
     emergencies for the budget year; or
       ``(2) in the case of any other committee, the total amount 
     of budget authority or outlays provided for emergencies for 
     the budget year or the total of the fiscal years;

     in the joint resolution on the budget (pursuant to section 
     301(a)(4)) to be exceeded:
       ``(A) Such bill or joint resolution shall be referred to 
     the Committee on the Budget of the House or the Senate, as 
     the case may be, with instructions to report it without 
     amendment, other than that specified in subparagraph (B), 
     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 subparagraph 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.
       ``(B) An amendment to such a bill or joint resolution 
     referred to in this subsection shall only consist of an 
     exemption from section 251 or 252 (as applicable) 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 204 of the Comprehensive 
     Budget Process Reform Act of 2000, that such budget authority 
     is for an emergency within the meaning of section 3(12).
       ``(C) If such a bill or joint resolution is reported with 
     an amendment specified in subparagraph (B) 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.
       ``(d) Committee Notification of Emergency Legislation.--
     Whenever the Committee on Appropriations or any other 
     committee of either House (including a committee of 
     conference) reports any bill or joint resolution that 
     provides budget authority for any emergency, the report 
     accompanying that bill or joint resolution (or the joint 
     explanatory statement of managers in the case of a conference 
     report on any such bill or joint resolution) shall identify 
     all provisions that provide budget authority and the outlays 
     flowing therefrom for such emergency and include a statement 
     of the reasons why such budget authority meets the definition 
     of an emergency pursuant to the guidelines referred to in 
     section 204 of the Comprehensive Budget Process Reform Act of 
     2000.''.
       (b) Conforming Amendment.--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:

``Sec. 317. Emergencies.''.

     SEC. 207. UP-TO-DATE TABULATIONS.

       Section 308(b)(2) of the Congressional Budget Act of 1974 
     is amended by striking ``and'' at the end of subparagraph 
     (B), by striking the period at the end of subparagraph (C) 
     and inserting ``; and'', and by adding at the end the 
     following new subparagraph:
       ``(D) shall include an up-to-date tabulation of amounts 
     remaining in the reserve fund for emergencies.''.

     SEC. 208. PROHIBITION ON AMENDMENTS TO EMERGENCY RESERVE 
                   FUND.

       (a) Point of Order.--Section 305 of the Congressional 
     Budget Act of 1974 (as amended by section 103(c)) is further 
     amended by adding at the end the following new subsection:
       ``(f) Point of Order Regarding Emergency Reserve Fund.--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 emergency reserve 
     fund.''.
       (b) Technical Amendment.--(1) Section 904(c)(1) of the 
     Congressional Budget Act of 1974 is amended by inserting 
     ``305(e), 305(f),'' after ``305(c)(4),''.
       (2) Section 904(d)(2) of the Congressional Budget Act of 
     1974 is amended by inserting ``305(e), 305(f),'' after 
     ``305(c)(4),''.

     SEC. 209. EFFECTIVE DATE.

       The amendments made by this title shall apply to fiscal 
     year 2002 and subsequent fiscal years, but such amendments 
     shall take effect only after the enactment of legislation 
     changing or extending for any fiscal year the discretionary 
     spending limits set forth in section 251 of the Balanced 
     Budget and Emergency Deficit Control Act of 1985 or 
     legislation reducing the amount of any sequestration under 
     section 252 of such Act by the amount of any reserve for any 
     emergencies.

             TITLE III--ENFORCEMENT OF BUDGETARY DECISIONS

     SEC. 301. PURPOSES.

       The purposes of this title are to--
       (1) close loopholes in the enforcement of budget 
     resolutions;
       (2) require committees of the House of Representatives to 
     include budget compliance statements in reports accompanying 
     all legislation;
       (3) require committees of the House of Representatives to 
     justify the need for waivers of the Congressional Budget Act 
     of 1974; and
       (4) provide cost estimates of conference reports.

  Subtitle A--Application of Points of Order to Unreported Legislation

     SEC. 311. APPLICATION OF BUDGET ACT POINTS OF ORDER TO 
                   UNREPORTED LEGISLATION.

       (a) Section 315 of the Congressional Budget Act of 1974 is 
     amended by striking ``reported'' the first place it appears.
       (b) Section 303(b) of the Congressional Budget Act of 1974 
     (as amended by section 104(b)(1)) is further amended--
       (1) in paragraph (1), by striking ``(A)'' and by 
     redesignating subparagraph (B) as paragraph (2) and by 
     striking the semicolon at the end of such new paragraph (2) 
     and inserting a period; and
       (2) by striking paragraph (2) (as redesignated by such 
     section 104(b)(1)).

             Subtitle B--Compliance with Budget Resolution

     SEC. 321. BUDGET COMPLIANCE STATEMENTS.

       Clause 3(d) of rule XIII of the Rules of the House of 
     Representatives is amended by adding at the end the following 
     new subparagraph:
       ``(4) A budget compliance statement prepared by the 
     chairman of the Committee on the Budget, if timely submitted 
     prior to the filing of the report, which shall include 
     assessment by such chairman as to whether the bill or joint 
     resolution complies with the requirements of sections 302, 
     303, 306, 311, and 401 of the Congressional Budget Act of 
     1974 or any other requirements set forth in a joint

[[Page 7387]]

     resolution on the budget and may include the budgetary 
     implications of that bill or joint resolution under section 
     251 or 252 of the Balanced Budget and Emergency Deficit 
     Control Act of 1985, as applicable.''.

            Subtitle C--Justification for Budget Act Waivers

     SEC. 331. JUSTIFICATION FOR BUDGET ACT WAIVERS IN THE HOUSE 
                   OF REPRESENTATIVES.

       Clause 6 of rule XIII of the Rules of the House of 
     Representatives is amended by adding at the end the following 
     new paragraph:
       ``(h) It shall not be in order to consider any resolution 
     from the Committee on Rules for the consideration of any 
     reported bill or joint resolution which waives section 302, 
     303, 311, or 401 of the Congressional Budget Act of 1974, 
     unless the report accompanying such resolution includes a 
     description of the provision proposed to be waived, an 
     identification of the section being waived, the reasons why 
     such waiver should be granted, and an estimated cost of the 
     provisions to which the waiver applies.''.

             Subtitle D--CBO Scoring of Conference Reports

     SEC. 341. CBO SCORING OF CONFERENCE REPORTS.

       (a) The first sentence of section 402 of the Congressional 
     Budget Act of 1974 is amended as follows:
       (1) Insert ``or conference report thereon,'' before ``and 
     submit''.
       (2) In paragraph (1), strike ``bill or resolution'' and 
     insert ``bill, joint resolution, or conference report''.
       (3) At the end of paragraph (2) strike ``and'', at the end 
     of paragraph (3) strike the period and insert ``; and'', and 
     after such paragraph (3) add the following new paragraph:
       ``(4) A determination of whether such bill, joint 
     resolution, or conference report provides direct spending.''.
       (b) The second sentence of section 402 of the Congressional 
     Budget Act of 1974 is amended by inserting before the period 
     the following: ``, or in the case of a conference report, 
     shall be included in the joint explanatory statement of 
     managers accompanying such conference report if timely 
     submitted before such report is filed''.

             TITLE IV--ACCOUNTABILITY FOR FEDERAL SPENDING

     SEC. 401. PURPOSES.

       The purposes of this title are to--
       (1) require committees to develop a schedule for 
     reauthorizing all programs within their jurisdictions;
       (2) provide an opportunity to offer amendments to subject 
     new entitlement programs to annual discretionary 
     appropriations;
       (3) require the Committee on the Budget to justify any 
     allocation to an authorizing committee for legislation that 
     would not be subject to annual discretionary appropriation;
       (4) provide estimates of the long-term impact of spending 
     and tax legislation;
       (5) provide a point of order for legislation creating a new 
     direct spending program that does not expire within 10 years; 
     and
       (6) require a vote in the House of Representatives on any 
     measure that increases the statutory limit on the public 
     debt.

               Subtitle A--Limitations on Direct Spending

     SEC. 411. FIXED-YEAR AUTHORIZATIONS REQUIRED FOR NEW 
                   PROGRAMS.

       Section 401 of the Congressional Budget Act of 1974 is 
     amended--
       (1) by striking subsection (b) and inserting the following 
     new subsections:
       ``(b) Limitation on Direct Spending.--It shall not be in 
     order in the House of Representatives or in the Senate to 
     consider a bill or joint resolution, or an amendment, motion, 
     or conference report that provides direct spending for a new 
     program, unless such spending is limited to a period of 10 or 
     fewer fiscal years.
       ``(c) Limitation on Authorization of Discretionary 
     Appropriations.--It shall not be in order in the House of 
     Representatives or in the Senate to consider any bill, joint 
     resolution, amendment, or conference report that authorizes 
     the appropriation of new budget authority for a new program, 
     unless such authorization is specifically provided for a 
     period of 10 or fewer fiscal years.''; and
       (2) by redesignating subsection (c) as subsection (d) and 
     by striking ``(a) and (b)'' both places it appears in such 
     redesignated subsection (d) and inserting ``(a), (b), and 
     (c)''.

     SEC. 412. AMENDMENTS TO SUBJECT NEW DIRECT SPENDING TO ANNUAL 
                   APPROPRIATIONS.

       (a) House Procedures.--Clause 5 of rule XVIII of the Rules 
     of the House of Representatives is amended by adding at the 
     end the following new paragraph:
       ``(c)(1) In the Committee of the Whole, an amendment only 
     to subject a new program which provides direct spending to 
     discretionary appropriations, if offered by the chairman of 
     the Committee on the Budget (or his designee) or the chairman 
     of the Committee of Appropriations (or his designee), may be 
     precluded from consideration only by the specific terms of a 
     special order of the House. Any such amendment, if offered, 
     shall be debatable for twenty minutes equally divided and 
     controlled by the proponent of the amendment and a Member 
     opposed and shall not be subject to amendment.
       ``(2) As used in subparagraph (1), the term `direct 
     spending' has the meaning given such term in section 3(11) of 
     the Congressional Budget and Impoundment Control Act of 1974, 
     except that such term does not include direct spending 
     described in section 401(d)(1) of such Act.''.
       (b) Adjustment of Discretionary Spending Limits for 
     Discretionary Appropriations Offset by Direct Spending 
     Savings.--
       (1) Purpose.--The purpose of the amendments made by this 
     subsection is to hold the discretionary spending limits and 
     the allocations made to the Committee on Appropriations under 
     section 302(a) of the Congressional Budget Act of 1974 
     harmless for legislation that offsets a new discretionary 
     program with a designated reduction in direct spending.
       (2) Designating direct spending savings in authorization 
     legislation for new discretionary programs.--Section 252 of 
     the Balanced Budget and Emergency Deficit Control Act of 1985 
     (as amended by section 202) is further amended by adding at 
     the end the following new subsection:
       ``(e) Offsets.--If a provision of direct spending 
     legislation is enacted that--
       ``(1) decreases direct spending for any fiscal year; and
       ``(2) is designated as an offset pursuant to this 
     subsection and such designation specifically identifies an 
     authorization of discretionary appropriations (contained in 
     such legislation) for a new program,

     then the reductions in new budget authority and outlays in 
     all fiscal years resulting from that provision shall be 
     designated as an offset in the reports required under 
     subsection (d).''.
       (3) Exempting such designated direct spending savings from 
     paygo scorecard.--Section 252(d)(4) of the Balanced Budget 
     and Emergency Deficit Control Act of 1985 (as amended by 
     section 202(b)) is further amended by adding at the end the 
     following new subparagraph:
       ``(B) offset provisions as designated under subsection 
     (e).''.
       (4) Adjustment in discretionary spending limits.--Section 
     251(b)(2) of the Balanced Budget and Emergency Deficit 
     Control Act of 1985 (as amended by section 202(a)(2)) is 
     further amended by adding at the end the following new 
     subparagraph:
       ``(G) Discretionary authorization offsets.--If an Act other 
     than an appropriation Act includes any provision reducing 
     direct spending and specifically identifies any such 
     provision as an offset pursuant to section 252(e), the 
     adjustments shall be an increase in the discretionary 
     spending limits for budget authority and outlays in each 
     fiscal year equal to the amount of the budget authority and 
     outlay reductions, respectively, achieved by the specified 
     offset in that fiscal year, except that the adjustments for 
     the budget year in which the offsetting provision takes 
     effect shall not exceed the amount of discretionary new 
     budget authority provided for the new program (authorized in 
     that Act) in an Act making discretionary appropriations and 
     the outlays flowing therefrom.''.
       (5) Adjustment in appropriation committee's allocations.--
     Section 314(b) of the Congressional Budget Act of 1974 (as 
     amended by section 202(d)) is further amended by striking ``; 
     or'' at the end of paragraph (4), by striking the period and 
     inserting ``; or'' at the end of paragraph (5), and by adding 
     at the end the following new paragraph:
       ``(6) the amount provided in an Act making discretionary 
     appropriations for the program for which an offset was 
     designated pursuant to section 252(e) of the Balanced Budget 
     and Emergency Deficit Control Act of 1985 and any outlays 
     flowing therefrom, but not to exceed the amount of the 
     designated decrease in direct spending for that year for that 
     program in a prior law.''.
       (6) Adjustment in authorizing committee's allocations.--
     Section 314 of the Congressional Budget Act of 1974 is 
     amended by adding at the end the following new subsection:
       ``(f) Adjustment in Authorizing Committee's Allocations by 
     Amount of Direct Spending Offset.--After the reporting of a 
     bill or joint resolution (by a committee other than the 
     Committee on Appropriations), or the offering of an amendment 
     thereto or the submission of a conference report thereon, 
     that contains a provision that decreases direct spending for 
     any fiscal year and that is designated as an offset pursuant 
     to section 252(e) of the Balanced Budget and Emergency 
     Deficit Control Act of 1985, the chairman of the Committee on 
     the Budget shall reduce the allocations of new budget 
     authority and outlays made to such committee under section 
     302(a)(1) by the amount so designated.''.

     Subtitle B--Enhanced Congressional Oversight Responsibilities

     SEC. 421. TEN-YEAR CONGRESSIONAL REVIEW REQUIREMENT OF 
                   PERMANENT BUDGET AUTHORITY.

       (a) Timetable for Review.--Clause 2(d)(1) of rule X of the 
     Rules of the House of Representatives is amended by striking 
     subdivisions (B) and (C) and inserting the following new 
     subdivision:
       ``(B) provide in its plans a specific timetable for its 
     review of those laws, programs, or agencies within its 
     jurisdiction, including those that operate under permanent 
     budget

[[Page 7388]]

     authority or permanent statutory authority and such timetable 
     shall demonstrate that each law, program, or agency within 
     the committee's jurisdiction will be reauthorized at least 
     once every 10 years.''.
       (b) Review of Permanent Budget Authority by the Committee 
     on Appropriations.--Clause 4(a) of rule X of the Rules of the 
     House of Representatives is amended--
       (1) by striking subparagraph (2); and
       (2) by redesignating subparagraphs (3) and (4) as 
     subparagraphs (2) and (3) and by striking ``from time to 
     time'' and inserting ``at least once each Congress'' in 
     subparagraph (2) (as redesignated).
       (c) Conforming Amendment.--Clause 4(e)(2) of rule X of the 
     Rules of the House of Representatives is amended by striking 
     ``from time to time'' and inserting ``at least once every ten 
     years''.

     SEC. 422. JUSTIFICATIONS OF DIRECT SPENDING.

       (a) Section 302 Allocations.--Section 302(a) of the 
     Congressional Budget Act of 1974 (as amended by section 
     104(a)) is further amended by adding at the end the following 
     new paragraph:
       ``(5) Justification of certain spending allocations.--The 
     joint explanatory statement accompanying a conference report 
     on a joint resolution on the budget that includes any 
     allocation to a committee (other than the Committee on 
     Appropriations) of levels in excess of current law levels 
     shall set forth a justification (such as an activity that is 
     fully offset by increases in dedicated receipts and that such 
     increases would trigger, under existing law, an adjustment in 
     the appropriate discretionary spending limit) for not 
     subjecting any program, project, or activity (for which the 
     allocation is made) to annual discretionary appropriation.''.
       (b) Presidents' Budget Submissions.--Section 1105(a) of 
     title 31, United States Code, is amended by adding at the end 
     the following new paragraph:
       ``(33) a justification for not subjecting each proposed new 
     direct spending program, project, or activity to 
     discretionary appropriations (such as an activity that is 
     fully offset by increases in dedicated receipts and that such 
     increases would trigger, under existing law, an adjustment in 
     the appropriate discretionary spending limit).''.
       (c) Committee Justification for Direct Spending.--Clause 
     4(e)(2) of rule X of the Rules of the House of 
     Representatives is amended by inserting before the period the 
     following: ``, and will provide specific information in any 
     report accompanying such bills and joint resolutions to the 
     greatest extent practicable to justify the reasons that the 
     programs, projects, and activities involved would not be 
     subject to annual appropriation (such as an activity that is 
     fully offset by increases in dedicated receipts and that such 
     increases would trigger, under existing law, an adjustment in 
     the appropriate discretionary spending limit)''.

     SEC. 423. SURVEY OF ACTIVITY REPORTS OF HOUSE COMMITTEES.

       Clause 1(d) of rule XI of the Rules of the House of 
     Representatives is amended by redesignating paragraph (4) as 
     paragraph (5) and by inserting after paragraph (3) the 
     following new paragraph:

       ``(4) Such report shall include a summary of and 
     justifications for all bills and joint resolutions reported 
     by such committee that--
       ``(A) were considered before the adoption of the 
     appropriate budget resolution and did not fall within an 
     exception set forth in section 303(b) of the Congressional 
     Budget Act of 1974;
       ``(B) exceeded its allocation under section 302(a) of such 
     Act or breached an aggregate level in violation of section 
     311 of such Act; or
       ``(C) contained provisions in violation of section 401 of 
     such Act.
     Such report shall also specify the total amount by which 
     legislation reported by that committee exceeded its 
     allocation under section 302(a) or breached the revenue floor 
     under section 311(a) of such Act for each fiscal year during 
     that Congress.''.

     SEC. 424. CONTINUING STUDY OF ADDITIONAL BUDGET PROCESS 
                   REFORMS.

       Section 703 of the Congressional Budget Act of 1974 is 
     amended as follows:
       (1) In subsection (a), strike ``and'' at the end of 
     paragraph (3), strike the period at the end of paragraph (4) 
     and insert ``; and'', and at the end add the following new 
     paragraph:
       ``(5) evaluating whether existing programs, projects, and 
     activities should be subject to discretionary appropriations 
     and establishing guidelines for subjecting new or expanded 
     programs, projects, and activities to annual appropriation 
     and recommend any necessary changes in statutory enforcement 
     mechanisms and scoring conventions to effectuate such 
     changes. These guidelines are only for advisory purposes.''.
       (2) In subsection (b), strike ``from time to time'' and 
     insert ``during the One Hundred Seventh Congress''.

     SEC. 425. GAO REPORTS.

         The last sentence of section 404 of the Congressional 
     Budget Act of 1974 is amended to read as follows: ``Such 
     report shall be revised at least once every five years and 
     shall be transmitted to the chairman and ranking minority 
     member of each committee of the House of Representatives and 
     the Senate.''.

                Subtitle C--Strengthened Accountability

     SEC. 431. TEN-YEAR CBO ESTIMATES.

       (a) CBO Reports on Legislation.--Section 308(a)(1)(B) of 
     the Congressional Budget Act of 1974 is amended by striking 
     ``four'' and inserting ``nine''.
       (b) Analysis by CBO.--Section 402(1) of the Congressional 
     Budget Act of 1974 is amended by striking ``4'' and inserting 
     ``nine''.
       (c) Cost Estimates.--Clause 3(d)(2)(A) of rule XIII of the 
     Rules of the House of Representatives is amended by striking 
     ``five'' each place it appears and inserting ``10''.

     SEC. 432. REPEAL OF RULE XXIII OF THE RULES OF THE HOUSE OF 
                   REPRESENTATIVES.

       Rule XXIII of the Rules of the House of Representatives 
     (relating to the establishment of the statutory limit on the 
     public debt) is repealed.

    TITLE V--BUDGETING FOR UNFUNDED LIABILITIES AND OTHER LONG-TERM 
                              OBLIGATIONS

     SEC. 501. PURPOSES.

       The purposes of this title are to--
       (1) budget for the long-term costs of Federal insurance 
     programs;
       (2) improve congressional control of those costs; and
       (3) periodically report on long-term budgetary trends.

     Subtitle A--Budgetary Treatment of Federal Insurance Programs

     SEC. 511. FEDERAL INSURANCE PROGRAMS.

       (a) In General.--The Congressional Budget Act of 1974 is 
     amended by adding after title V the following new title:

     ``TITLE VI--BUDGETARY TREATMENT OF FEDERAL INSURANCE PROGRAMS

     ``SEC. 601. SHORT TITLE.

       ``This title may be cited as the `Federal Insurance 
     Budgeting Act of 2000'.

     ``SEC. 602. BUDGETARY TREATMENT.

       ``(a) President's Budget.--Beginning with fiscal year 2007, 
     the budget of the Government pursuant to section 1105(a) of 
     title 31, United States Code, shall be based on the risk-
     assumed cost of Federal insurance programs.
       ``(b) Budget Accounting.--For any Federal insurance 
     program--
       ``(1) the program account shall--
       ``(A) pay the risk-assumed cost borne by the taxpayer to 
     the financing account, and
       ``(B) pay actual insurance program administrative costs;
       ``(2) the financing account shall--
       ``(A) receive premiums and other income,
       ``(B) pay all claims for insurance and receive all 
     recoveries,
       ``(C) transfer to the program account on not less than an 
     annual basis amounts necessary to pay insurance program 
     administrative costs;
       ``(3) a negative risk-assumed cost shall be transferred 
     from the financing account to the program account, and shall 
     be transferred from the program account to the general fund; 
     and
       ``(4) all payments by or receipts of the financing accounts 
     shall be treated in the budget as a means of financing.
       ``(c) Appropriations Required.--(1) Notwithstanding any 
     other provision of law, insurance commitments may be made for 
     fiscal year 2007 and thereafter only to the extent that new 
     budget authority to cover their risk-assumed cost is provided 
     in advance in an appropriation Act.
       ``(2) An outstanding insurance commitment shall not be 
     modified in a manner that increases its risk-assumed cost 
     unless budget authority for the additional cost has been 
     provided in advance.
       ``(3) Paragraph (1) shall not apply to Federal insurance 
     programs that constitute entitlements.
       ``(d) Reestimates.--The risk-assumed cost for a fiscal year 
     shall be reestimated in each subsequent year. Such reestimate 
     can equal zero. In the case of a positive reestimate, the 
     amount of the reestimate shall be paid from the program 
     account to the financing account. In the case of a negative 
     reestimate, the amount of the reestimate shall be paid from 
     the financing account to the program account, and shall be 
     transferred from the program account to the general fund. 
     Reestimates shall be displayed as a distinct and separately 
     identified subaccount in the program account.
       ``(e) Administrative Expenses.--All funding for an agency's 
     administration of a Federal insurance program shall be 
     displayed as a distinct and separately identified subaccount 
     in the program account.

     ``SEC. 603. TIMETABLE FOR IMPLEMENTATION OF ACCRUAL BUDGETING 
                   FOR FEDERAL INSURANCE PROGRAMS.

       ``(a) Agency Requirements.--Agencies with responsibility 
     for Federal insurance programs shall develop models to 
     estimate their risk-assumed cost by year through the budget 
     horizon and shall submit those models, all relevant data, a 
     justification for critical assumptions, and the annual 
     projected risk-assumed costs to OMB with their budget 
     requests each year starting with the request for fiscal year 
     2003. Agencies will likewise provide OMB with annual 
     estimates of modifications, if any, and reestimates of 
     program costs. Nothing in this subsection shall be construed 
     to require an agency, which is subject to statutory 
     requirements, to maintain

[[Page 7389]]

     a risk-based assessment system with a minimum level of 
     reserves against loss and to assess insured entities for 
     risk-based premiums, to provide models, critical assumptions, 
     or other data that would, as determined by such agency, 
     affect financial markets or the viability of insured 
     entities.
       ``(b) Disclosure.--When the President submits a budget of 
     the Government pursuant to section 1105(a) of title 31, 
     United States Code, for fiscal year 2003, OMB shall publish a 
     notice in the Federal Register advising interested persons of 
     the availability of information describing the models, data 
     (including sources), and critical assumptions (including 
     explicit or implicit discount rate assumptions) that it or 
     other executive branch entities would use to estimate the 
     risk-assumed cost of Federal insurance programs and giving 
     such persons an opportunity to submit comments. At the same 
     time, the chairman of the Committee on the Budget shall 
     publish a notice for CBO in the Federal Register advising 
     interested persons of the availability of information 
     describing the models, data (including sources), and critical 
     assumptions (including explicit or implicit discount rate 
     assumptions) that it would use to estimate the risk-assumed 
     cost of Federal insurance programs and giving such interested 
     persons an opportunity to submit comments.
       ``(c) Revision.--(1) After consideration of comments 
     pursuant to subsection (b), and in consultation with the 
     Committees on the Budget of the House of Representatives and 
     the Senate, OMB and CBO shall revise the models, data, and 
     major assumptions they would use to estimate the risk-assumed 
     cost of Federal insurance programs. Except as provided by the 
     next sentence, this paragraph shall not apply to an agency 
     that is subject to statutory requirements to maintain a risk-
     based assessment system with a minimum level of reserves 
     against loss and to assess insured entities for risk-based 
     premiums. However, such agency shall consult with the 
     aforementioned entities.
       ``(2) When the President submits a budget of the Government 
     pursuant to section 1105(a) of title 31, United States Code, 
     for fiscal year 2004, OMB shall publish a notice in the 
     Federal Register advising interested persons of the 
     availability of information describing the models, data 
     (including sources), and critical assumptions (including 
     explicit or implicit discount rate assumptions) that it or 
     other executive branch entities used to estimate the risk-
     assumed cost of Federal insurance programs.
       ``(d) Display.--
       ``(1) In general.--For fiscal years 2004, 2005, and 2006 
     the budget submissions of the President pursuant to section 
     1105(a) of title 31, United States Code, and CBO's reports on 
     the economic and budget outlook pursuant to section 202(e)(1) 
     and the President's budgets, shall for display purposes only, 
     estimate the risk-assumed cost of existing or proposed 
     Federal insurance programs.
       ``(2) OMB.--The display in the budget submissions of the 
     President for fiscal years 2004, 2005, and 2006 shall 
     include--
       ``(A) a presentation for each Federal insurance program in 
     budget-account level detail of estimates of risk-assumed 
     cost;
       ``(B) a summary table of the risk-assumed costs of Federal 
     insurance programs; and
       ``(C) an alternate summary table of budget functions and 
     aggregates using risk-assumed rather than cash-based cost 
     estimates for Federal insurance programs.
       ``(3) CBO.--In the 108th Congress and the first session of 
     the 109th Congress, CBO shall include in its estimates under 
     section 308, for display purposes only, the risk-assumed cost 
     of existing Federal insurance programs, or legislation that 
     CBO, in consultation with the Committees on the Budget of the 
     House of Representatives and the Senate, determines would 
     create a new Federal insurance program.
       ``(e) OMB, CBO, and GAO Evaluations.--(1) Not later than 6 
     months after the budget submission of the President pursuant 
     to section 1105(a) of title 31, United States Code, for 
     fiscal year 2006, OMB, CBO, and GAO shall each submit to the 
     Committees on the Budget of the House of Representatives and 
     the Senate a report that evaluates the advisability and 
     appropriate implementation of this title.
       ``(2) Each report made pursuant to paragraph (1) shall 
     address the following:
       ``(A) The adequacy of risk-assumed estimation models used 
     and alternative modeling methods.
       ``(B) The availability and reliability of data or 
     information necessary to carry out this title.
       ``(C) The appropriateness of the explicit or implicit 
     discount rate used in the various risk-assumed estimation 
     models.
       ``(D) The advisability of specifying a statutory discount 
     rate (such as the Treasury rate) for use in risk-assumed 
     estimation models.
       ``(E) The ability of OMB, CBO, or GAO, as applicable, to 
     secure any data or information directly from any Federal 
     agency necessary to enable it to carry out this title.
       ``(F) The relationship between risk-assumed accrual 
     budgeting for Federal insurance programs and the specific 
     requirements of the Balanced Budget and Emergency Deficit 
     Control Act of 1985.
       ``(G) Whether Federal budgeting is improved by the 
     inclusion of risk-assumed cost estimates for Federal 
     insurance programs.
       ``(H) The advisability of including each of the programs 
     currently estimated on a risk-assumed cost basis in the 
     Federal budget on that basis.

     ``SEC. 604. DEFINITIONS.

       ``For purposes of this title:
       ``(1) The term `Federal insurance program' means a program 
     that makes insurance commitments and includes the list of 
     such programs included in the joint explanatory statement of 
     managers accompanying the conference report on the 
     Comprehensive Budget Process Reform Act of 2000.
       ``(2) The term `insurance commitment' means an agreement in 
     advance by a Federal agency to indemnify a nonfederal entity 
     against specified losses. This term does not include loan 
     guarantees as defined in title V or benefit programs such as 
     social security, medicare, and similar existing social 
     insurance programs.
       ``(3)(A) The term `risk-assumed cost' means the net present 
     value of the estimated cash flows to and from the Government 
     resulting from an insurance commitment or modification 
     thereof.
       ``(B) The cash flows associated with an insurance 
     commitment include--
       ``(i) expected claims payments inherent in the Government's 
     commitment;
       ``(ii) net premiums (expected premium collections received 
     from or on behalf of the insured less expected administrative 
     expenses);
       ``(iii) expected recoveries; and
       ``(iv) expected changes in claims, premiums, or recoveries 
     resulting from the exercise by the insured of any option 
     included in the insurance commitment.
       ``(C) The cost of a modification is the difference between 
     the current estimate of the net present value of the 
     remaining cash flows under the terms of the insurance 
     commitment, and the current estimate of the net present value 
     of the remaining cash flows under the terms of the insurance 
     commitment as modified.
       ``(D) The cost of a reestimate is the difference between 
     the net present value of the amount currently required by the 
     financing account to pay estimated claims and other 
     expenditures and the amount currently available in the 
     financing account. The cost of a reestimate shall be 
     accounted for in the current year in the budget of the 
     Government pursuant to section 1105(a) of title 31, United 
     States Code.
       ``(E) For purposes of this definition, expected 
     administrative expenses shall be construed as the amount 
     estimated to be necessary for the proper administration of 
     the insurance program. This amount may differ from amounts 
     actually appropriated or otherwise made available for the 
     administration of the program.
       ``(4) The term `program account' means the budget account 
     for the risk-assumed cost, and for paying all costs of 
     administering the insurance program, and is the account from 
     which the risk-assumed cost is disbursed to the financing 
     account.
       ``(5) The term `financing account' means the nonbudget 
     account that is associated with each program account which 
     receives payments from or makes payments to the program 
     account, receives premiums and other payments from the 
     public, pays insurance claims, and holds balances.
       ``(6) The term `modification' means any Government action 
     that alters the risk-assumed cost of an existing insurance 
     commitment from the current estimate of cash flows. This 
     includes any action resulting from new legislation, or from 
     the exercise of administrative discretion under existing law, 
     that directly or indirectly alters the estimated cost of 
     existing insurance commitments.
       ``(7) The term `model' means any actuarial, financial, 
     econometric, probabilistic, or other methodology used to 
     estimate the expected frequency and magnitude of loss-
     producing events, expected premiums or collections from or on 
     behalf of the insured, expected recoveries, and 
     administrative expenses.
       ``(8) The term `current' has the same meaning as in section 
     250(c)(9) of the Balanced Budget and Emergency Deficit 
     Control Act of 1985.
       ``(9) The term `OMB' means the Director of the Office of 
     Management and Budget.
       ``(10) The term `CBO' means the Director of the 
     Congressional Budget Office.
       ``(11) The term `GAO' means the Comptroller General of the 
     United States.

     ``SEC. 605. AUTHORIZATIONS TO ENTER INTO CONTRACTS; ACTUARIAL 
                   COST ACCOUNT.

       ``(a) Authorization of Appropriations.--There is authorized 
     to be appropriated $600,000 for each of fiscal years 2001 
     through 2006 to the Director of the Office of Management and 
     Budget and each agency responsible for administering a 
     Federal program to carry out this title.
       ``(b) Treasury Transactions With the Financing Accounts.--
     The Secretary of the Treasury shall borrow from, receive 
     from, lend to, or pay the insurance financing accounts such 
     amounts as may be appropriate. The Secretary of the Treasury 
     may prescribe forms and denominations, maturities, and terms 
     and conditions for the transactions described above. The 
     authorities described

[[Page 7390]]

     above shall not be construed to supersede or override the 
     authority of the head of a Federal agency to administer and 
     operate an insurance program. All the transactions provided 
     in this subsection shall be subject to the provisions of 
     subchapter II of chapter 15 of title 31, United States Code. 
     Cash balances of the financing accounts in excess of current 
     requirements shall be maintained in a form of uninvested 
     funds, and the Secretary of the Treasury shall pay interest 
     on these funds.
       ``(c) Appropriation of Amount Necessary To Cover Risk-
     Assumed Cost of Insurance Commitments at Transition Date.--
     (1) A financing account is established on September 30, 2006, 
     for each Federal insurance program.
       ``(2) There is appropriated to each financing account the 
     amount of the risk-assumed cost of Federal insurance 
     commitments outstanding for that program as of the close of 
     September 30, 2006.
       ``(3) These financing accounts shall be used in 
     implementing the budget accounting required by this title.

     ``SEC. 606. EFFECTIVE DATE.

       ``(a) In General.--This title shall take effect immediately 
     and shall expire on September 30, 2008.
       ``(b) Special Rule.--If this title is not reauthorized by 
     September 30, 2008, then the accounting structure and 
     budgetary treatment of Federal insurance programs shall 
     revert to the accounting structure and budgetary treatment in 
     effect immediately before the date of enactment of this 
     title.''.
       (b)  Conforming Amendment.--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 507 the following new items:

     ``TITLE VI--BUDGETARY TREATMENT OF FEDERAL INSURANCE PROGRAMS

``Sec. 601. Short title.
``Sec. 602. Budgetary treatment.
``Sec. 603. Timetable for implementation of accrual budgeting for 
              Federal insurance programs.
``Sec. 604. Definitions.
``Sec. 605. Authorizations to enter into contracts; actuarial cost 
              account.
``Sec. 606. Effective date.''.

           Subtitle B--Reports on Long-Term Budgetary Trends

     SEC. 521. REPORTS ON LONG-TERM BUDGETARY TRENDS.

       (a) The President's Budget.--Section 1105(a) of title 31, 
     United States Code (as amended by section 404), is further 
     amended by adding at the end the following new paragraph:
       ``(34) an analysis based upon current law and an analysis 
     based upon the policy assumptions underlying the budget 
     submission for every fifth year of the period of 75 fiscal 
     years beginning with such fiscal year, of the estimated 
     levels of total new budget authority and total budget 
     outlays, estimated revenues, estimated surpluses and 
     deficits, and, for social security, medicare, medicaid, and 
     all other direct spending, estimated levels of total new 
     budget authority and total budget outlays; and a 
     specification of its underlying assumptions and a sensitivity 
     analysis of factors that have a significant effect on the 
     projections made in each analysis; and a comparison of the 
     effects of each of the two analyses on the economy, including 
     such factors as inflation, foreign investment, interest 
     rates, and economic growth.''.
       (b) CBO Reports.--Section 202(e)(1) of the Congressional 
     Budget Act of 1974 is amended by adding at the end the 
     following new sentences: ``Such report shall also include an 
     analysis based upon current law for every fifth year of the 
     period of 75 fiscal years beginning with such fiscal year, of 
     the estimated levels of total new budget authority and total 
     budget outlays, estimated revenues, estimated surpluses and 
     deficits, and, for social security, medicare, medicaid, and 
     all other direct spending, estimated levels of total new 
     budget authority and total budget outlays. The report 
     described in the preceding sentence shall also specify its 
     underlying assumptions and set forth a sensitivity analysis 
     of factors that have a significant effect on the projections 
     made in the report.''.

                   TITLE VI--BASELINES AND BYRD RULE

     SEC. 601. PURPOSE.

     The purposes of this title are to--
       (1) require budgetary comparisons to prior year levels; and
       (2) restrict the application of the Byrd rule to measures 
     other than conference reports.

                        Subtitle A--The Baseline

     SEC. 611. THE PRESIDENT'S BUDGET.

       (a) Paragraph (5) of section 1105(a) of title 31, United 
     States Code, is amended to read as follows:
       ``(5) 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 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.''.
       (b) Section 1105(a)(6) of title 31, United States Code, is 
     amended to read as follows:
       ``(6) estimated receipts of the Government in the current 
     year and the fiscal year for which the budget is submitted 
     and the 4 fiscal years after that year under--
       ``(A) laws in effect when the budget is submitted; and
       ``(B) proposals in the budget to increase revenues,

     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.''.
       (c) Section 1105(a)(12) of title 31, United States Code, is 
     amended to read as follows:
       ``(12) for each proposal in the budget for legislation that 
     would establish or expand a Government activity or function, 
     a table showing--
       ``(A) 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;
       ``(B) the estimated appropriation required because of the 
     proposal for each of the 4 fiscal years after that year that 
     the proposal will be in effect; and
       ``(C) the estimated amount for the same activity or 
     function, if any, in the current fiscal year,

     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.''.
       (d) Section 1105(a)(18) of title 31, United States Code, is 
     amended by inserting ``new budget authority and'' before 
     ``budget outlays''.
       (e) Section 1105(a) of title 31, United States Code, (as 
     amended by sections 412(b) and 521(a)) is further amended by 
     adding at the end the following new paragraphs:
       ``(35) 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.
       ``(36) 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 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.
       ``(37) a comparison of the estimated level of obligation 
     limitations, budget authority, and outlays for highways 
     subject to the discretionary spending limits for highways (if 
     any) set forth in section 251(c) of the Balanced Budget and 
     Emergency Deficit Control Act of 1985 for the fiscal year for 
     which the budget is submitted and the corresponding levels 
     for such year under current law as adjusted pursuant to 
     section 251(b)(1)(D) of such Act.''.
       (f) Section 1109(a) of title 31, United States Code, is 
     amended by inserting after the first sentence the following 
     new sentence: ``For discretionary spending, these estimates 
     shall assume the levels set forth in the discretionary 
     spending limits under section 251(c) 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 the adjusted levels for 
     the most recent fiscal year for which such levels were in 
     effect).''.

     SEC. 612. THE CONGRESSIONAL BUDGET.

       Section 301(e) of the Congressional Budget Act of 1974 (as 
     amended by section 103) is further amended--
       (1) in paragraph (1), by inserting at the end the 
     following: ``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. 
     Any amendment offered in the committee that changes a 
     budgetary level and is based upon a specific policy 
     assumption for a program, project, or activity shall be 
     accompanied by a document indicating the estimated amount for 
     such program, project, or activity in the current year.''; 
     and
       (2) in paragraph (2), by striking ``and'' at the end of 
     subparagraph (H) (as redesignated), by striking the period 
     and inserting a semicolon at the end of subparagraph (I) (as 
     redesignated), and by adding at the end the following new 
     subparagraphs:
       ``(J) 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; and
       ``(K) a comparison of the proposed levels of new budget 
     authority and outlays for the highway category (if any) (as 
     defined in section 250(c)(4)(B) of the Balanced Budget and 
     Emergency Deficit Control Act of 1985) for

[[Page 7391]]

     the budget year with the corresponding levels under current 
     law as adjusted consistent with the anticipated revenue 
     alignment adjustments to be made pursuant to section 
     251(b)(1)(D) of such Act.''.

     SEC. 613. CONGRESSIONAL BUDGET OFFICE REPORTS TO COMMITTEES.

       (a) The first sentence of section 202(e)(1) of the 
     Congressional Budget Act of 1974 is amended by inserting 
     ``compared to comparable levels for the current year'' before 
     the comma at the end of subparagraph (A) and before the comma 
     at the end of subparagraph (B).
       (b) Section 202(e)(1) of the Congressional Budget Act of 
     1974 is amended by inserting after the first sentence the 
     following new sentence: ``Such report shall also include a 
     table on sources of spending growth in total direct spending 
     for the budget year and 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.''.
       (c) Section 308(a)(1)(B) of the Congressional Budget Act of 
     1974 is amended by inserting ``and shall include a comparison 
     of those levels to comparable levels for the current fiscal 
     year'' before ``if timely submitted''.

     SEC. 614. OUTYEAR ASSUMPTIONS FOR DISCRETIONARY SPENDING.

       For purposes of chapter 11 of title 31 of the United States 
     Code, or the Congressional Budget Act of 1974, unless 
     otherwise expressly provided, in making budgetary projections 
     for years for which there are no discretionary spending 
     limits, the Director of the Office of Management and Budget 
     and the Director of the Congressional Budget Office shall 
     assume discretionary spending levels at the levels for the 
     last fiscal year for which such levels were in effect.

                       Subtitle B--The Byrd Rule

     SEC. 621. LIMITATION ON BYRD RULE.

       (a) Protection of Conference Reports.--Section 313 of the 
     Congressional Budget Act of 1974 is amended--
       (1) in subsection (c), by striking ``and again upon the 
     submission of a conference report on such a reconciliation 
     bill or resolution,'';
       (2) by striking subsection (d);
       (3) by redesignating subsection (e) as subsection (d); and
       (4) in subsection (e), as redesignated--
       (A) by striking ``, motion, or conference report'' the 
     first place it appears and inserting ``, or motion''; and
       (B) by striking ``, motion, or conference report'' the 
     second and third places it appears and inserting ``or 
     motion''.
       (b) Conforming Amendment.--The first sentence of section 
     312(e) of the Congressional Budget Act of 1974 is amended by 
     inserting ``, except for section 313,'' after ``Act''.

                                H.R. 853

                        Offered by: Mr. Tancredo

       Amendment No. 2: Subtitle B of title IV is amended by 
     adding at the end the following new section:

     SEC. 426. COMMITTEE ON APPROPRIATIONS REPORTS.

       Clause 3(f)(1)(B) of rule XIII of the Rules of the House of 
     Representatives is amended to read as follows:
       ``(B) a list of all appropriations contained in the bill 
     for expenditures not currently authorized by law along with 
     the last year for which the expenditures were authorized, the 
     level of expenditures authorized that year, the actual level 
     of expenditures that year, and the level of expenditures 
     contained in the bill (except classified intelligence or 
     national security programs, projects, or activities).''.

                               H.R. 3709

                         Offered By: Mr. Chabot

       Amendment No. 1: Strike section 2 and insert the following 
     (and make such technical and conforming changes as may be 
     appropriate):

     SEC. 2. COMPREHENSIVE AND PERMANENT MORATORIUM ON STATE AND 
                   LOCAL TAXES ON THE INTERNET.

       (a) Comprehensive and Permanent Moratorium.--Section 1101 
     of title XI of division C of Public Law 105-277 (112 Stat. 
     2681-719; 47 U.S.C. 151 note) is amended--
       (1) in subsection (a)--
       (A) by striking ``during the period beginning on October 1, 
     1998, and ending 3 years after the date of the enactment of 
     this Act'' and inserting ``on or after October 1, 1998'', and
       (B) in paragraph (1) by striking ``, unless'' and all that 
     follows through ``1998'',
       (2) by striking subsection (d), and
       (3) by redesignating subsections (e) and (f) as subsections 
     (d) and (e), respectively.
       (b) Technical Amendment.--Section 1104(10) of title XI of 
     division C of Public Law 105-277 (112 Stat. 2681-719; 47 
     U.S.C. 151 note) is amended by striking ``unless'' and all 
     that follows through ``1998''.

                               H.R. 3709

                        Offered By: Mr. Delahunt

       Amendment No. 2: Strike sections 2 and 3, and insert the 
     following (and make such technical and conforming changes as 
     may be appropriate):
       

     SEC. 2. 2-YEAR EXTENSION OF MORATORIUM ON STATE AND LOCAL 
                   TAXES ON THE INTERNET.

       Section 1101(a) of title XI of division C of Public Law 
     105-277 (112 Stat. 2681-719; 47 U.S.C. 151 note) is amended 
     by striking ``3 years after the date of the enactment of this 
     Act'' and inserting ``October 21, 2003''.

                               H.R. 3709

                         Offered By: Mr. Istook

       Amendment No. 3: Page 2, line 15, strike ``5-YEAR'' and 
     insert ``2-YEAR''.
       Page 2. line 23, strike ``2006'' and insert ``2003''.

                               H.R. 3709

                         Offered by: Mr. Istook

       Amendment No. 4:

     SEC. 4. STREAMLINED NON-MULTIPLE AND NON-DISCRIMINATORY TAX 
                   SYSTEMS.

       (a) Development of a Streamlined Non-Multiple and Non-
     Discriminatory Tax System.--It is the sense of the Congress 
     that states and localities should work together to develop a 
     non-multiple and non-discriminatory tax system on electronic 
     commerce that addresses the following:
       (1) a centralized, one-stop, multi-state registration 
     system for sellers;
       (2) uniform definitions for goods or services that might be 
     included in the tax base;
       (3) uniform and simple rules for attributing transactions 
     to particular taxing jurisdictions;
       (4) uniform rules for the designation and identification of 
     purchasers exempt from the Non-Multiple and Non-
     Discriminatory tax system, including a database of all exempt 
     entities and a rule ensuring that reliance on such database 
     shall immunize sellers from liability;
       (5) uniform procedures for the certification of software 
     that sellers rely on to determine Non-Multiple and Non-
     Discriminatory taxes and taxability;
       (6) uniform bad debt rules;
       (7) uniform tax returns and remittance forms;
       (8) consistent electronic filing and remittance methods;
       (9) state administration of all Non-Multiple and Non-
     Discriminatory taxes;
       (10) uniform audit procedures;
       (11) reasonable compensation for tax collection that 
     reflects the complexity of an individual state's tax 
     structure, including the structure of its local taxes;
       (12) exemption from use tax collection requirements for 
     remote sellers falling below a specified de minimis 
     threshold;
       (13) appropriate protections for consumer privacy; and
       (14) such other features that the member states deem 
     warranted to remote simplicity, uniformity, neutrality, 
     efficiency, and fairness.
       (b) No Undue Burden.--Congress finds that if states adopt 
     the streamlined system described in subsection (a), such a 
     system does not place an undue burden on interstate commerce 
     or burden the growth of electronic commerce and related 
     technologies in any material way.

                               H.R. 3709

                         Offered by: Mr. Thune

       Amendment No. 5: Strike sections 2 and 3, and insert the 
     following (and make such technical and conforming changes as 
     may be appropriate):

     SEC. 2. 5-YEAR EXTENSION OF MORATORIUM ON STATE AND LOCAL 
                   TAXES ON THE INTERNET.

       Section 1101(a) of title XI of division C of Public Law 
     105-277 (112 Stat. 2681-719; 47 U.S.C. 151 note) is amended 
     by striking ``3 years after the date of the enactment of this 
     Act'' and inserting ``October 21, 2006''.




             CONGRESSIONAL RECORD 

                United States
                 of America



May 9, 2000