[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 689 Introduced in House (IH)]
110th CONGRESS
1st Session
H. R. 689
To amend the Congressional Budget and Impoundment Control Act of 1974
to provide for the expedited consideration of certain proposed
rescissions of budget authority.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 24, 2007
Mr. Ryan of Wisconsin (for himself, Mr. Udall of Colorado, Mr.
Matheson, Mr. Boehner, Mr. Hensarling, Mr. Garrett of New Jersey, Mr.
English of Pennsylvania, Mr. Chabot, Mr. Campbell of California, Mr.
Barrett of South Carolina, Mr. King of Iowa, Mr. Blunt, Mr. Gingrey,
Mr. Kuhl of New York, Mr. Putnam, Mrs. Musgrave, Mr. Sensenbrenner, Mr.
Wilson of South Carolina, Mr. Dreier, Mr. Jordan of Ohio, Mr. Smith of
Nebraska, Mr. Norwood, Mr. Flake, Mr. McCotter, Mr. Weldon of Florida,
Mr. Crenshaw, Ms. Foxx, Mr. Mario Diaz-Balart of Florida, Mr. Inglis of
South Carolina, Mr. Ramstad, Mr. Pitts, Mr. Franks of Arizona, Mr.
Kirk, Mr. Mack, Mr. Royce, Mr. Terry, Mr. Weller of Illinois, Mr.
Miller of Florida, Mr. Davis of Kentucky, Mrs. Bono, Mr. Gillmor, Mr.
Hastings of Washington, Mr. Jindal, Mr. Akin, Mrs. Myrick, Mr. Shadegg,
Mrs. Blackburn, Mr. Herger, Mr. Issa, Mr. Cannon, Mr. Brady of Texas,
Mr. Sessions, Mr. Pence, Mr. Feeney, Mr. Conaway, Mr. Hoekstra, Mr.
Kingston, Mrs. Schmidt, Mr. Neugebauer, Mrs. Drake, Mr. Gerlach, Mr.
McHenry, Mr. Shays, Mr. Platts, Mr. Fortenberry, Mr. Price of Georgia,
Mr. Castle, Mr. Tiahrt, Mr. Burton of Indiana, Mr. Radanovich, Mrs.
Bachmann, Mr. Walberg, Mrs. McMorris Rodgers, Mr. Roskam, Mr. Coble,
Mr. Renzi, Mr. Cooper, Mr. Bilirakis, Mr. McCaul of Texas, Mr.
Goodlatte, Mr. Upton, Mr. Reichert, and Mr. Ferguson) introduced the
following bill; which was referred to the Committee on the Budget, and
in addition to the Committee on Rules, for a period to be subsequently
determined by the Speaker, in each case for consideration of such
provisions as fall within the jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To amend the Congressional Budget and Impoundment Control Act of 1974
to provide for the expedited consideration of certain proposed
rescissions of budget authority.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Legislative Line Item Veto Act of
2007''.
SEC. 2. LEGISLATIVE LINE ITEM VETO.
(a) In General.--Title X of the Congressional Budget and
Impoundment Control Act of 1974 (2 U.S.C. 621 et seq.) is amended by
striking all of part B (except for sections 1016 and 1013, which are
redesignated as sections 1019 and 1020, respectively) and part C and
inserting the following:
``Part B--Legislative Line-Item Veto
``line item veto authority
``Sec. 1011. (a) Proposed Cancellations.--Within 45 calendar days
after the enactment of any bill or joint resolution providing any
discretionary budget authority, item of direct spending, limited tariff
benefit, or targeted tax benefit, the President may propose, in the
manner provided in subsection (b), the cancellation of any dollar
amount of such discretionary budget authority, item of direct spending,
or targeted tax benefit. If the 45 calendar-day period expires during a
period where either House of Congress stands adjourned sine die at the
end of a Congress or for a period greater than 45 calendar days, the
President may propose a cancellation under this section and transmit a
special message under subsection (b) on the first calendar day of
session following such a period of adjournment.
``(b) Transmittal of Special Message.--
``(1) Special message.--
``(A) In general.--The President may transmit to
the Congress a special message proposing to cancel any
dollar amounts of discretionary budget authority, items
of direct spending, limited tariff benefits, or
targeted tax benefits.
``(B) Contents of special message.--Each special
message shall specify, with respect to the
discretionary budget authority, items of direct
spending proposed, limited tariff benefits, or targeted
tax benefits to be canceled--
``(i) the dollar amount of discretionary
budget authority, the specific item of direct
spending (that OMB, after consultation with
CBO, estimates to increase budget authority or
outlays as required by section 1017(9)), the
limited tariff benefit, or the targeted tax
benefit that the President proposes be
canceled;
``(ii) any account, department, or
establishment of the Government to which such
discretionary budget authority is available for
obligation, and the specific project or
governmental functions involved;
``(iii) the reasons why such discretionary
budget authority, item of direct spending,
limited tariff benefit, or targeted tax benefit
should be canceled;
``(iv) to the maximum extent practicable,
the estimated fiscal, economic, and budgetary
effect (including the effect on outlays and
receipts in each fiscal year) of the proposed
cancellation;
``(v) to the maximum extent practicable,
all facts, circumstances, and considerations
relating to or bearing upon the proposed
cancellation and the decision to propose the
cancellation, and the estimated effect of the
proposed cancellation upon the objects,
purposes, or programs for which the
discretionary budget authority, item of direct
spending, limited tariff benefit, or the
targeted tax benefit is provided;
``(vi) a numbered list of cancellations to
be included in an approval bill that, if
enacted, would cancel discretionary budget
authority, items of direct spending, limited
tariff benefit, or targeted tax benefits
proposed in that special message; and
``(vii) if the special message is
transmitted subsequent to or at the same time
as another special message, a detailed
explanation why the proposed cancellations are
not substantially similar to any other proposed
cancellation in such other message.
``(C) Duplicative proposals prohibited.--The
President may not propose to cancel the same or
substantially similar discretionary budget authority,
item of direct spending, limited tariff benefit, or
targeted tax benefit more than one time under this Act.
``(D) Maximum number of special messages.--The
President may not transmit to the Congress more than 5
special messages under this subsection related to any
bill or joint resolution described in subsection (a),
but may transmit not more than 10 special messages for
any omnibus budget reconciliation or appropriation
measure.
``(2) Enactment of approval bill.--
``(A) Deficit reduction.--Amounts of budget
authority, items of direct spending, limited tariff
benefit, or targeted tax benefits which are canceled
pursuant to enactment of a bill as provided under this
section shall be dedicated only to reducing the deficit
or increasing the surplus.
``(B) Adjustment of levels in the concurrent
resolution on the budget.--Not later than 5 days after
the date of enactment of an approval bill as provided
under this section, the chairs of the Committees on the
Budget of the Senate and the House of Representatives
shall revise allocations and aggregates and other
appropriate levels under the appropriate concurrent
resolution on the budget to reflect the cancellation,
and the applicable committees shall report revised
suballocations pursuant to section 302(b), as
appropriate.
``(C) Adjustments to statutory limits.--After
enactment of an approval bill as provided under this
section, the Office of Management and Budget shall
revise applicable limits under the Balanced Budget and
Emergency Deficit Control Act of 1985, as appropriate.
``(D) Trust funds and special funds.--
Notwithstanding subparagraph (A), nothing in this part
shall be construed to require or allow the deposit of
amounts derived from a trust fund or special fund which
are canceled pursuant to enactment of a bill as
provided under this section to any other fund.
``procedures for expedited consideration
``Sec. 1012. (a) Expedited Consideration.--
``(1) In general.--The majority leader or minority leader
of each House or his designee shall (by request) introduce an
approval bill as defined in section 1017 not later than the
third day of session of that House after the date of receipt of
a special message transmitted to the Congress under section
1011(b). If the bill is not introduced as provided in the
preceding sentence in either House, then, on the fourth day of
session of that House after the date of receipt of the special
message, any Member of that House may introduce the bill.
``(2) Consideration in the house of representatives.--
``(A) Referral and reporting.--Any committee of the
House of Representatives to which an approval bill is
referred shall report it to the House without amendment
not later than the seventh legislative day after the
date of its introduction. If a committee fails to
report the bill within that period or the House has
adopted a concurrent resolution providing for
adjournment sine die at the end of a Congress, such
committee shall be automatically discharged from
further consideration of the bill and it shall be
placed on the appropriate calendar.
``(B) Proceeding to consideration.--After an
approval bill is reported by or discharged from
committee or the House has adopted a concurrent
resolution providing for adjournment sine die at the
end of a Congress, it shall be in order to move to
proceed to consider the approval bill in the House.
Such a motion shall be in order only at a time
designated by the Speaker in the legislative schedule
within two legislative days after the day on which the
proponent announces his intention to offer the motion.
Such a motion shall not be in order after the House has
disposed of a motion to proceed with respect to that
special message. The previous question shall be
considered as ordered on the motion to its adoption
without intervening motion. A motion to reconsider the
vote by which the motion is disposed of shall not be in
order.
``(C) Consideration.--The approval bill shall be
considered as read. All points of order against an
approval bill and against its consideration are waived.
The previous question shall be considered as ordered on
an approval bill to its passage without intervening
motion except five hours of debate equally divided and
controlled by the proponent and an opponent and one
motion to limit debate on the bill. A motion to
reconsider the vote on passage of the bill shall not be
in order.
``(D) Senate bill.--An approval bill received from
the Senate shall not be referred to committee.
``(3) Consideration in the senate.--
``(A) Motion to proceed to consideration.--A motion
to proceed to the consideration of a bill under this
subsection in the Senate shall not be debatable. It
shall not be in order to move to reconsider the vote by
which the motion to proceed is agreed to or disagreed
to.
``(B) Limits on debate.--Debate in the Senate on a
bill under this subsection, and all debatable motions
and appeals in connection therewith (including debate
pursuant to subparagraph (D)), shall not exceed 10
hours, equally divided and controlled in the usual
form.
``(C) Appeals.--Debate in the Senate on any
debatable motion or appeal in connection with a bill
under this subsection shall be limited to not more than
1 hour, to be equally divided and controlled in the
usual form.
``(D) Motion to limit debate.--A motion in the
Senate to further limit debate on a bill under this
subsection is not debatable.
``(E) Motion to recommit.--A motion to recommit a
bill under this subsection is not in order.
``(F) Consideration of the house bill.--
``(i) In general.--If the Senate has
received the House companion bill to the bill
introduced in the Senate prior to the vote
required under paragraph (1)(C), then the
Senate may consider, and the vote under
paragraph (1)(C) may occur on, the House
companion bill.
``(ii) Procedure after vote on senate
bill.--If the Senate votes, pursuant to
paragraph (1)(C), on the bill introduced in the
Senate, then immediately following that vote,
or upon receipt of the House companion bill,
the House bill shall be deemed to be
considered, read the third time, and the vote
on passage of the Senate bill shall be
considered to be the vote on the bill received
from the House.
``(b) Amendments Prohibited.--No amendment to, or motion to strike
a provision from, a bill considered under this section shall be in
order in either the Senate or the House of Representatives.
``presidential deferral authority
``Sec. 1013. (a) Temporary Presidential Authority to Withhold
Discretionary Budget Authority.--
``(1) In general.--At the same time as the President
transmits to the Congress a special message pursuant to section
1011(b), the President may direct that any dollar amount of
discretionary budget authority to be canceled in that special
message shall not be made available for obligation for a period
not to exceed 45 calendar days from the date the President
transmits the special message to the Congress.
``(2) Early availability.--The President shall make any
dollar amount of discretionary budget authority deferred
pursuant to paragraph (1) available at a time earlier than the
time specified by the President if the President determines
that continuation of the deferral would not further the
purposes of this Act.
``(b) Temporary Presidential Authority to Suspend Direct
Spending.--
``(1) In general.--At the same time as the President
transmits to the Congress a special message pursuant to section
1011(b), the President may suspend the implementation of any
item of direct spending proposed to be canceled in that special
message for a period not to exceed 45 calendar days from the
date the President transmits the special message to the
Congress.
``(2) Early availability.--The President shall terminate
the suspension of any item of direct spending at a time earlier
than the time specified by the President if the President
determines that continuation of the suspension would not
further the purposes of this Act.
``(c) Temporary Presidential Authority to Suspend a Limited Tariff
Benefit.--
``(1) In general.--At the same time as the President
transmits to the Congress a special message pursuant to section
1011(b), the President may suspend the implementation of any
limited tariff benefit proposed to be canceled in that special
message for a period not to exceed 45 calendar days from the
date the President transmits the special message to the
Congress.
``(2) Early availability.--The President shall terminate
the suspension of any limited tariff benefit at a time earlier
than the time specified by the President if the President
determines that continuation of the suspension would not
further the purposes of this Act.
``(d) Temporary Presidential Authority to Suspend a Targeted Tax
Benefit.--
``(1) In general.--At the same time as the President
transmits to the Congress a special message pursuant to section
1011(b), the President may suspend the implementation of any
targeted tax benefit proposed to be repealed in that special
message for a period not to exceed 45 calendar days from the
date the President transmits the special message to the
Congress.
``(2) Early availability.--The President shall terminate
the suspension of any targeted tax benefit at a time earlier
than the time specified by the President if the President
determines that continuation of the suspension would not
further the purposes of this Act.
``(e) Extension of 45-Day Period.--The President may transmit to
the Congress not more than one supplemental special message to extend
the period to suspend the implementation of any discretionary budget
authority, item of direct spending, limited tariff benefit, or targeted
tax benefit, as applicable, by an additional 45 calendar days. Any such
supplemental message may not be transmitted to the Congress before the
40th day of the 45-day period set forth in the preceding message or
later than the last day of such period.
``identification of targeted tax benefits
``Sec. 1014. (a) Statement.--The chairman of the Committee on Ways
and Means of the House of Representatives and the chairman of the
Committee on Finance of the Senate acting jointly (hereafter in this
subsection referred to as the `chairmen') shall review any revenue or
reconciliation bill or joint resolution which includes any amendment to
the Internal Revenue Code of 1986 that is being prepared for filing by
a committee of conference of the two Houses, and shall identify whether
such bill or joint resolution contains any targeted tax benefits. The
chairmen shall provide to the committee of conference a statement
identifying any such targeted tax benefits or declaring that the bill
or joint resolution does not contain any targeted tax benefits. Any
such statement shall be made available to any Member of Congress by the
chairmen immediately upon request.
``(b) Statement Included in Legislation.--
``(1) In general.--Notwithstanding any other rule of the
House of Representatives or any rule or precedent of the
Senate, any revenue or reconciliation bill or joint resolution
which includes any amendment to the Internal Revenue Code of
1986 reported by a committee of conference of the two Houses
may include, as a separate section of such bill or joint
resolution, the information contained in the statement of the
chairmen, but only in the manner set forth in paragraph (2).
``(2) Applicability.--The separate section permitted under
subparagraph (A) shall read as follows: `Section 1021 of the
Congressional Budget and Impoundment Control Act of 1974 shall
______ apply to ________.', with the blank spaces being filled
in with--
``(A) in any case in which the chairmen identify
targeted tax benefits in the statement required under
subsection (a), the word `only' in the first blank
space and a list of all of the specific provisions of
the bill or joint resolution in the second blank space;
or
``(B) in any case in which the chairmen declare
that there are no targeted tax benefits in the
statement required under subsection (a), the word `not'
in the first blank space and the phrase `any provision
of this Act' in the second blank space.
``(c) Identification in Revenue Estimate.--With respect to any
revenue or reconciliation bill or joint resolution with respect to
which the chairmen provide a statement under subsection (a), the Joint
Committee on Taxation shall--
``(1) in the case of a statement described in subsection
(b)(2)(A), list the targeted tax benefits in any revenue
estimate prepared by the Joint Committee on Taxation for any
conference report which accompanies such bill or joint
resolution, or
``(2) in the case of a statement described in 13 subsection
(b)(2)(B), indicate in such revenue estimate that no provision
in such bill or joint resolution has been identified as a
targeted tax benefit.
``(d) President's Authority.--If any revenue or reconciliation bill
or joint resolution is signed into law--
``(1) with a separate section described in subsection
(b)(2), then the President may use the authority granted in
this section only with respect to any targeted tax benefit in
that law, if any, identified in such separate section; or
``(2) without a separate section described in subsection
(b)(2), then the President may use the authority granted in
this section with respect to any targeted tax benefit in that
law.
``treatment of cancellations
``Sec. 1015. The cancellation of any dollar amount of
discretionary budget authority, item of direct spending, limited tariff
benefit, or targeted tax benefit shall take effect only upon enactment
of the applicable approval bill. If an approval bill is not enacted
into law before the end of the applicable period under section 1013,
then all proposed cancellations contained in that bill shall be null
and void and any such dollar amount of discretionary budget authority,
item of direct spending, limited tariff benefit, or targeted tax
benefit shall be effective as of the original date provided in the law
to which the proposed cancellations applied.
``reports by comptroller general
``Sec. 1016. With respect to each special message under this part,
the Comptroller General shall issue to the Congress a report
determining whether any discretionary budget authority is not made
available for obligation or item of direct spending, limited tariff
benefit, or targeted tax benefit continues to be suspended after the
deferral authority set forth in section 1013 of the President has
expired.
``definitions
``Sec. 1017. As used in this part:
``(1) Appropriation law.--The term `appropriation law'
means an Act referred to in section 105 of title 1, United
States Code, including any general or special appropriation
Act, or any Act making supplemental, deficiency, or continuing
appropriations, that has been signed into law pursuant to
Article I, section 7, of the Constitution of the United States.
``(2) Approval bill.--The term `approval bill' means a bill
or joint resolution which only approves proposed cancellations
of dollar amounts of discretionary budget authority, items of
new direct spending, limited tariff benefits, or targeted tax
benefits in a special message transmitted by the President
under this part and--
``(A) the title of which is as follows: `A bill
approving the proposed cancellations transmitted by the
President on ___', the blank space being filled in with
the date of transmission of the relevant special
message and the public law number to which the message
relates;
``(B) which does not have a preamble; and
``(C) which provides only the following after the
enacting clause: `That the Congress approves of
proposed cancellations ___', the blank space being
filled in with a list of the cancellations contained in
the President's special message, `as transmitted by the
President in a special message on ____', the blank
space being filled in with the appropriate date,
`regarding ____.', the blank space being filled in with
the public law number to which the special message
relates;
``(D) which only includes proposed cancellations
that are estimated by CBO to meet the definition of
discretionary budgetary authority or items of direct
spending, or limited tariff benefits, or that are
identified as targeted tax benefits pursuant to section
1014;
``(E) if any proposed cancellation other than
discretionary budget authority or targeted tax benefits
is estimated by CBO to not meet the definition of item
of direct spending, then the approval bill shall
include at the end: `The President shall cease the
suspension of the implementation of the following under
section 1013 of the Legislative Line Item Veto Act of
2006: _____', the blank space being filled in with the
list of such proposed cancellations; and
``(F) if no CBO estimate is available, then the
entire list of legislative provisions proposed by the
President is inserted in the second blank space in
subparagraph (C).
``(3) Calendar day.--The term `calendar day' means a
standard 24-hour period beginning at midnight.
``(4) Cancel or cancellation.--The terms `cancel' or
`cancellation' means to prevent--
``(A) budget authority from having legal force or
effect;
``(B) in the case of entitlement authority, to
prevent the specific legal obligation of the United
States from having legal force or effect;
``(C) in the case of the food stamp program, to
prevent the specific provision of law that provides
such benefit from having legal force or effect; or
``(D) a limited tariff benefit from having legal
force or effect, and to make any necessary, conforming
statutory change to ensure that such limited tariff
benefit is not implemented; or
``(E) a targeted tax benefit from having legal
force or effect, and to make any necessary, conforming
statutory change to ensure that such targeted tax
benefit is not implemented and that any budgetary
resources are appropriately canceled.
``(5) CBO.--The term `CBO' means the Director of the
Congressional Budget Office.
``(6) Direct spending.--The term `direct spending' means--
``(A) budget authority provided by law (other than
an appropriation law);
``(B) entitlement authority; and
``(C) the food stamp program.
``(7) Dollar amount of discretionary budget authority.--(A)
Except as provided in subparagraph (B), the term `dollar amount
of discretionary budget authority' means the entire dollar
amount of budget authority--
``(i) specified in an appropriation law, or
the entire dollar amount of budget authority or
obligation limitation required to be allocated
by a specific proviso in an appropriation law
for which a specific dollar figure was not
included;
``(ii) represented separately in any table,
chart, or explanatory text included in the
statement of managers or the governing
committee report accompanying such law;
``(iii) required to be allocated for a
specific program, project, or activity in a law
(other than an appropriation law) that mandates
the expenditure of budget authority from
accounts, programs, projects, or activities for
which budget authority is provided in an
appropriation law;
``(iv) represented by the product of the
estimated procurement cost and the total
quantity of items specified in an appropriation
law or included in the statement of managers or
the governing committee report accompanying
such law; or
``(v) represented by the product of the
estimated procurement cost and the total
quantity of items required to be provided in a
law (other than an appropriation law) that
mandates the expenditure of budget authority
from accounts, programs, projects, or
activities for which budget authority is
provided in an appropriation law.
``(B) The term `dollar amount of discretionary
budget authority' does not include--
``(i) direct spending;
``(ii) budget authority in an appropriation
law which funds direct spending provided for in
other law;
``(iii) any existing budget authority
canceled in an appropriation law; or
``(iv) any restriction, condition, or
limitation in an appropriation law or the
accompanying statement of managers or committee
reports on the expenditure of budget authority
for an account, program, project, or activity,
or on activities involving such expenditure.
``(8) Item of direct spending.--The term `item of direct
spending' means any provision of law that results in an
increase in budget authority or outlays for direct spending
relative to the most recent levels calculated consistent with
the methodology used to calculate a baseline under section 257
of the Balanced Budget and Emergency Deficit Control Act of
1985 and included with a budget submission under section
1105(a) of title 31, United States Code, in the first year or
the 5-year period for which the item is effective. However,
such item does not include an extension or reauthorization of
existing direct spending, but instead only refers to provisions
of law that increase such direct spending.
``(9) Limited tariff benefit.--The term `limited tariff
benefit' means any provision of law that modifies the
Harmonized Tariff Schedule of the United States in a manner
that benefits 10 or fewer entities (as defined in paragraph
(12)(B)).
``(10) OMB.--The term `OMB' means the Director of the
Office of Management and Budget.
``(11) Omnibus reconciliation or appropriation measure.--
The term `omnibus reconciliation or appropriation measure'
means--
``(A) in the case of a reconciliation bill, any
such bill that is reported to its House by the
Committee on the Budget; or
``(B) in the case of an appropriation measure, any
such measure that provides appropriations for programs,
projects, or activities falling within 2 or more
section 302(b) suballocations.
``(12) Targeted tax benefit.--(A) The term `targeted tax
benefit' means any revenue-losing provision that provides a
Federal tax deduction, credit, exclusion, or preference to ten
or fewer beneficiaries (determined with respect to either
present law or any provision of which the provision is a part)
under the Internal Revenue Code of 1986 in any year for which
the provision is in effect;
``(B) for purposes of subparagraph (A)--
``(i) all businesses and associations that
are members of the same controlled group of
corporations (as defined in section 1563(a) of
the Internal Revenue Code of 1986) shall be
treated as a single beneficiary;
``(ii) all shareholders, partners, members,
or beneficiaries of a corporation, partnership,
association, or trust or estate, respectively,
shall be treated as a single beneficiary;
``(iii) all employees of an employer shall
be treated as a single beneficiary;
``(iv) all qualified plans of an employer
shall be treated as a single beneficiary;
``(v) all beneficiaries of a qualified plan
shall be treated as a single beneficiary;
``(vi) all contributors to a charitable
organization shall be treated as a single
beneficiary;
``(vii) all holders of the same bond issue
shall be treated as a single beneficiary; and
``(viii) if a corporation, partnership,
association, trust or estate is the beneficiary
of a provision, the shareholders of the
corporation, the partners of the partnership,
the members of the association, or the
beneficiaries of the trust or estate shall not
also be treated as beneficiaries of such
provision;
``(C) for the purpose of this paragraph, the term
`revenue-losing provision' means any provision that is
estimated to result in a reduction in Federal tax
revenues (determined with respect to either present law
or any provision of which the provision is a part) for
any one of the two following periods--
``(i) the first fiscal year for which the
provision is effective; or
``(ii) the period of the 5 fiscal years
beginning with the first fiscal year for which
the provision is effective;
``(D) the term `targeted tax benefit' does not
include any provision which applies uniformly to an
entire industry; and
``(E) the terms used in this paragraph shall have
the same meaning as those terms have generally in the
Internal Revenue Code of 1986, unless otherwise
expressly provided.
``expiration
``Sec. 1018. This title shall have no force or effect on or after
October 1, 2012''.
SEC. 3. TECHNICAL AND CONFORMING AMENDMENTS.
(a) Exercise of Rulemaking Powers.--Section 904 of the
Congressional Budget Act of 1974 (2 U.S.C. 621 note) is amended--
(1) in subsection (a), by striking ``1017'' and inserting
``1012''; and
(2) in subsection (d), by striking ``section 1017'' and
inserting ``section 1012''.
(b) Analysis by Congressional Budget Office.--Section 402 of the
Congressional Budget Act of 1974 is amended by inserting ``(a)'' after
``402.'' and by adding at the end the following new subsection:
``(b) Upon the receipt of a special message under section 1011
proposing to cancel any item of direct spending, the Director of the
Congressional Budget Office shall prepare an estimate of the savings in
budget authority or outlays resulting from such proposed cancellation
relative to the most recent levels calculated consistent with the
methodology used to calculate a baseline under section 257 of the
Balanced Budget and Emergency Deficit Control Act of 1985 and included
with a budget submission under section 1105(a) of title 31, United
States Code, and transmit such estimate to the chairmen of the
Committees on the Budget of the House of Representatives and Senate.''.
(c) Clerical Amendments.--(1) Section 1(a) of the Congressional
Budget and Impoundment Control Act of 1974 is amended by striking the
last sentence.
(2) Section 1022(c) of such Act (as redesignated) is amended is
amended by striking ``rescinded or that is to be reserved'' and insert
``canceled'' and by striking ``1012'' and inserting ``1011''.
(3) Table of Contents.--The table of contents set forth in section
1(b) of the Congressional Budget and Impoundment Control Act of 1974 is
amended by deleting the contents for parts B and C of title X and
inserting the following:
``Part B--Legislative Line-Item Veto
``Sec. 1011. Line item veto authority.
``Sec. 1012. Procedures for expedited consideration.
``Sec. 1013. Presidential deferral authority.
``Sec. 1014. Identification of targeted tax benefits.
``Sec. 1015. Treatment of cancellations.
``Sec. 1016. Reports by comptroller general.
``Sec. 1017. Definitions.
``Sec. 1018. Expiration.
``Sec. 1019. Suits by Comptroller General.
``Sec. 1020. Proposed Deferrals of budget authority.''.
(d) Effective Date.--The amendments made by this Act shall take
effect on the date of its enactment and apply only to any dollar amount
of discretionary budget authority, item of direct spending, or targeted
tax benefit provided in an Act enacted on or after the date of
enactment of this Act.
SEC. 4. SENSE OF CONGRESS ON ABUSE OF PROPOSED CANCELLATIONS.
It is the sense of Congress no President or any executive branch
official should condition the inclusion or exclusion or threaten to
condition the inclusion or exclusion of any proposed cancellation in
any special message under this section upon any vote cast or to be cast
by any Member of either House of Congress.
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