To amend the Congressional Budget Act of 1974 to reform the Federal budget process, and for other purposes.

Summary: TABLE OF CONTENTS: 
     Title I:  Biennial Budget Cycle 
     Title II:  Binding Budget Resolution 
     Title III:  Enhanced Rescissions 
     Title IV:  Supermajority Points of Order 
Title I:  Biennial Budget Cycle
 - Amends the Congressional Budget Act of 1974, the Congressional Budget and Impoundment Control Act of 1974, the Rules of the House of Representatives and other Federal law to revise the Federal budget process by establishing a two-year timetable. 
Title II:  Binding Budget Resolution
- Replaces the concurrent resolution on the budget with a joint resolution on the budget. 
Title III: Enhanced Rescissions
 - Modifies the rescission process and provides for expedited consideration in the House and Senate of certain proposed rescissions. 
Title IV: Supermajority Points of Order
 - Allows any point of order which concerns the congressional budget process, fiscal procedures, and budget agreement enforcement provisions to be waived or suspended in the House of Representatives by a three-fifths vote in the House.

SEC. 201. JOINT RESOLUTION ON THE BUDGET.

    (a) Definitions.--Paragraph (4) of section 3 of the Congressional 
Budget and Impoundment Control Act of 1974 is amended to read as 
follows:
            ``(4) The term `joint resolution on the budget' means--
                    ``(A) a joint resolution setting forth the 
                simplified budget for the United States Government for 
                a biennium as provided in section 301; and
                    ``(B) any other joint resolution revising the 
                budget for the United States Government for a biennium 
                as described in section 304.''.
    (b) Conforming Technical Amendments Changing ``Concurrent'' to 
``Joint'' Resolution.--(1) Sections 300, 301, 302, 303, 304, 305, 308, 
310, 311, 601, 602, 603, 604, 605, and 606 are amended by striking 
``concurrent resolution'' each place it appears and by inserting in its 
place ``joint resolution''.
    (3) The table of contents set forth in section 1(b) of the 
Congressional Budget and Impoundment Control Act of 1974 is amended by 
striking ``Concurrent'' in the items relating to sections 301, 303, and 
304 and inserting ``Joint''.
    (3) Clauses 4(a)(2), 4(b)(2), 4(g), and 4(h) of rule X, clause 8 of 
rule XXIII, and rule XLIX of the Rules of the House of Representatives 
are amended by striking ``concurrent'' and by inserting in its place 
``joint''.
    (4) Section 258C(1)(B) of the Deficit Control Act of 1985 is 
amended by striking ``concurrent'' and inserting ``joint''.

                    TITLE III--ENHANCED RESCISSIONS

SEC. 301. EXPEDITED CONSIDERATION OF CERTAIN PROPOSED RESCISSIONS.

    (a) In General.--Part B of title X of the Congressional Budget and 
Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.) is amended by 
redesignating sections 1013 through 1017 as sections 1014 through 1018, 
respectively, and inserting after section 1012 the following new 
section:

       ``expedited consideration of certain proposed rescissions

    ``Sec. 1013. (a) Proposed Rescission of Budget Authority.--In 
addition to the method of rescinding budget authority specified in 
section 1012, the President may propose, at the time and in the manner 
provided in subsection (b), the rescission of any budget authority 
provided in an appropriations Act. Funds made available for obligation 
under this procedure may not be proposed for rescission again under 
this section or section 1012.
    ``(b) Transmittal of Special Message.--
            ``(1) Not later than 3 days after the date of enactment of 
        an appropriation Act, the President may transmit to Congress a 
        special message proposing to rescind amounts of budget 
        authority provided in that Act and include with that special 
        message a draft bill or joint resolution that, if enacted, 
        would only rescind that budget authority.
            ``(2) In the case of an appropriation Act that includes 
        accounts within the jurisdiction of more than one subcommittee 
        of the Committee on Appropriations, the President in proposing 
        to rescind budget authority under this section shall send a 
        separate special message and accompanying draft bill or joint 
        resolution for accounts within the jurisdiction of each such 
        subcommittee.
            ``(3) Each special message shall specify, with respect to 
        the budget authority proposed to be rescinded, the matters 
        referred to in paragraphs (1) through (5) of section 1012(a).
    ``(c) Limitation on Amounts Subject to Rescission.--
            ``(1) The amount of budget authority which the President 
        may propose to rescind in a special message under this section 
        for a particular program, project, or activity for a fiscal 
        year may not exceed 25 percent of the amount appropriated for 
        that program, project, or activity in that Act.
            ``(2) The limitation contained in paragraph (1) shall only 
        apply to a program, project, or activity that is authorized by 
        law.
    ``(d) Procedures for Expedited Consideration.--
            ``(1)(A) Before the close of the second day of continuous 
        session of the applicable House after the date of receipt of a 
        special message transmitted to Congress under subsection (b), 
        the majority leader or minority leader of the House of Congress 
        in which the appropriation Act involved originated shall 
        introduce (by request) the draft bill or joint resolution 
        accompanying that special message. If the bill or joint 
        resolution is not introduced as provided in the preceding 
        sentence, then, on the third day of continuous session of that 
        House after the date of receipt of that special message, any 
        Member of that House may introduce the bill or joint 
        resolution.
            ``(B) The bill or joint resolution shall be referred to the 
        Committee on Appropriations of that House. The committee shall 
        report the bill or joint resolution without substantive 
        revision and with or without recommendation. The bill or joint 
        resolution shall be reported not later than the seventh day of 
        continuous session of that House after the date of receipt of 
        that special message. If the Committee on Appropriations fails 
        to report the bill or joint resolution within that period, that 
        committee shall be automatically discharged from consideration 
        of the bill or joint resolution, and the bill or joint 
        resolution shall be placed on the appropriate calendar.
            ``(C) A vote on final passage of the bill or joint 
        resolution shall be taken in that House on or before the close 
        of the 10th calendar day of continuous session of that House 
        after the date of the introduction of the bill or joint 
        resolution in that House. If the bill or joint resolution is 
        agreed to, the Clerk of the House of Representatives (in the 
        case of a bill or joint resolution agreed to in the House of 
        Representatives) or the Secretary of the Senate (in the case of 
        a bill or joint resolution agreed to in the Senate) shall cause 
        the bill or joint resolution to be engrossed, certified, and 
        transmitted to the other House of Congress on the same calendar 
        day on which the bill or joint resolution is agreed to.
            ``(2)(A) A bill or joint resolution transmitted to the 
        House of Representatives or the Senate pursuant to paragraph 
        (1)(C) shall be referred to the Committee on Appropriations of 
        that House. The committee shall report the bill or joint 
        resolution without substantive revision and with or without 
        recommendation. The bill or joint resolution shall be reported 
        not later than the seventh day of continuous session of that 
        House after it receives the bill or joint resolution. A 
        committee failing to report the bill or joint resolution within 
        such period shall be automatically discharged from 
        consideration of the bill or joint resolution, and the bill or 
        joint resolution shall be placed upon the appropriate calendar.
            ``(B) A vote on final passage of a bill or joint resolution 
        transmitted to that House shall be taken on or before the close 
        of the 10th calendar day of continuous session of that House 
        after the date on which the bill or joint resolution is 
        transmitted. If the bill or joint resolution is agreed to in 
        that House, the Clerk of the House of Representatives (in the 
        case of a bill or joint resolution agreed to in the House of 
        Representatives) or the Secretary of the Senate (in the case of 
        a bill or joint resolution agreed to in the Senate) shall cause 
        the engrossed bill or joint resolution to be returned to the 
        House in which the bill or joint resolution originated.
            ``(3)(A) A motion in the House of Representatives to 
        proceed to the consideration of a bill or joint resolution 
        under this section shall be highly privileged and not 
        debatable. An amendment to the motion shall not be in order, 
        nor shall it be in order to move to reconsider the vote by 
        which the motion is agreed to or disagreed to.
            ``(B) Debate in the House of Representatives on a bill or 
        joint resolution under this section shall not exceed 4 hours, 
        which shall be divided equally between those favoring and those 
        opposing the bill or joint resolution. A motion further to 
        limit debate shall not be debatable. It shall not be in order 
        to move to recommit a bill or joint resolution under this 
        section or to move to reconsider the vote by which the bill or 
        joint resolution is agreed to or disagreed to.
            ``(C) Appeals from decisions of the Chair relating to the 
        application of the Rules of the House of Representatives to the 
        procedure relating to a bill or joint resolution under this 
        section shall be decided without debate.
            ``(D) Except to the extent specifically provided in the 
        preceding provisions of this subsection, consideration of a 
        bill or joint resolution under this section shall be governed 
        by the Rules of the House of Representatives.
            ``(4)(A) A motion in the Senate to proceed to the 
        consideration of a bill or joint resolution under this section 
        shall be privileged and not debatable. An amendment to the 
        motion shall not be in order, nor shall it be in order to move 
        to reconsider the vote by which the motion is agreed to or 
        disagreed to.
            ``(B) Debate in the Senate on a bill or joint resolution 
        under this section, and all debatable motions and appeals in 
        connection therewith, shall not exceed 10 hours. The time shall 
        be equally divided between, and controlled by, the majority 
        leader and the minority leader or their designees.
            ``(C) Debate in the Senate on any debatable motion or 
        appeal in connection with a bill or joint resolution under this 
        section shall be limited to not more than 1 hour, to be equally 
        divided between, and controlled by, the mover and the manager 
        of the bill or joint resolution, except that in the event the 
        manager of the bill or joint resolution is in favor of any such 
        motion or appeal, the time in opposition thereto, shall be 
        controlled by the minority leader or his designee. Such 
        leaders, or either of them, may, from time under their control 
        on the passage of a bill or joint resolution, allot additional 
        time to any Senator during the consideration of any debatable 
        motion or appeal.
            ``(D) A motion in the Senate to further limit debate on a 
        bill or joint resolution under this section is not debatable. A 
        motion to recommit a bill or joint resolution under this 
        section is not in order.
    ``(e) Amendments Prohibited.--No amendment to a bill or joint 
resolution considered under this section shall be in order in either 
the House of Representatives or the Senate. No motion to suspend the 
application of this subsection shall be in order in either House, nor 
shall it be in order in either House to suspend the application of this 
subsection by unanimous consent.
    ``(f) Requirement To Make Available for Obligation.--Any amount of 
budget authority proposed to be rescinded in a special message 
transmitted to Congress under subsection (b) shall be made available 
for obligation on the day after the date on which either House defeats 
the bill or joint resolution transmitted with that special message.
    ``(g) Definitions.--For purposes of this section--
            ``(1) the term `appropriation Act' means any general or 
        special appropriation Act, and any Act or joint resolution 
        making supplemental, deficiency, or continuing appropriations; 
        and
            ``(2) continuity of a session of either House of Congress 
        shall be considered as broken only by an adjournment of that 
        House sine die, and the days on which that House is not in 
        session because of an adjournment of more than 3 days to a date 
        certain shall be excluded in the computation of any period.''.
    (b) Exercise of Rulemaking Powers.--Section 904 of such Act (2 
U.S.C. 621 note) is amended--
            (1) by striking ``and 1017'' in subsection (a) and 
        inserting ``1013, and 1018''; and
            (2) by striking ``section 1017'' in subsection (d) and 
        inserting ``sections 1013 and 1018''; and
    (c) Conforming Amendments.--
            (1) Section 1011 of such Act (2 U.S.C. 682(5)) is amended--
                    (A) in paragraph (4), by striking ``1013'' and 
                inserting ``1014''; and
                    (B) in paragraph (5)--
                            (i) by striking ``1016'' and inserting 
                        ``1017''; and
                            (ii) by striking ``1017(b)(1)'' and 
                        inserting ``1018(b)(1)''.
            (2) Section 1015 of such Act (2 U.S.C. 685) (as 
        redesignated by section 2(a)) is amended--
                    (A) by striking ``1012 or 1013'' each place it 
                appears and inserting ``1012, 1013, or 1014'';
                    (B) in subsection (b)(1), by striking ``1012'' and 
                inserting ``1012 or 1013'';
                    (C) in subsection (b)(2), by striking ``1013'' and 
                inserting ``1014''; and
                    (D) in subsection (e)(2)--
                            (i) by striking ``and'' at the end of 
                        subparagraph (A);
                            (ii) by redesignating subparagraph (B) as 
                        subparagraph (C);
                            (iii) by striking ``1013'' in subparagraph 
                        (C) (as so redesignated) and inserting 
                        ``1014''; and
                            (iv) by inserting after subparagraph (A) 
                        the following new subparagraph:
                    ``(B) he has transmitted a special message under 
                section 1013 with respect to a proposed rescission; 
                and''.
            (3) Section 1016 of such Act (2 U.S.C. 686) (as 
        redesignated by section 2(a)) is amended by striking ``1012 or 
        1013'' each place it appears and inserting ``1012, 1013, or 
        1014''.
    (d) Clerical Amendments.--The table of sections for subpart B of 
title X of such Act is amended--
            (1) by redesignating the items relating to sections 1013 
        through 1017 as items relating to sections 1014 through 1018; 
        and
            (2) by inserting after the item relating to section 1012 
        the following new item:

``Sec. 1013. Expedited consideration of certain proposed 
                            rescissions.''.

                TITLE IV--SUPERMAJORITY POINTS OF ORDER

SEC. 401. SUPERMAJORITY POINTS OF ORDER.

    Section 904(c) of the Congressional Budget Act of 1974 is amended 
by adding at the end the following new sentence: ``Any point of order 
set forth in title III, IV, or VI may be waived or suspended in the 
House of Representatives only by the affirmative vote of three-fifths 
of the Members voting, a quorum being present.''.

                                 

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