SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Discretionary Spending Reduction and 
Control Act of 1995''.

SEC. 2. DISCRETIONARY SPENDING LIMITS.

    (a) Limits.--Section 601(a)(2) of the Congressional Budget Act of 
1974 is amended by striking subparagraphs (A), (B), (C), (D), and (F), 
by redesignating subparagraph (E) as subparagraph (A) and by striking 
``and'' at the end of that subparagraph, and by inserting after 
subparagraph (A) the following new subparagraphs:
                    ``(B) with respect to fiscal year 1996, for the 
                discretionary category: $502,994,000,000 in new budget 
                authority and $537,946,000,000 in outlays;
                    ``(C) with respect to fiscal year 1997, for the 
                discretionary category: $497,816,000,000 in new budget 
                authority and $531,793,000,000 in outlays;
                    ``(D) with respect to fiscal year 1998, for the 
                discretionary category: $489,046,000,000 in new budget 
                authority and $523,703,000,000 in outlays;
                    ``(E) with respect to fiscal year 1999, for the 
                discretionary category: $491,586,000,000 in new budget 
                authority and $522,063,000,000 in outlays; and
                    ``(F) with respect to fiscal year 2000, for the 
                discretionary category: $492,282,000,000 in new budget 
                authority and $521,690,000,000 in outlays;''.
    (b) Committee Allocations and Enforcement.--Section 602 of the 
Congressional Budget Act of 1974 is amended--
            (1) in subsection (c), by striking ``1995'' and inserting 
        ``2000'' and by striking its last sentence; and
            (2) in subsection (d), by striking ``1992 to 1995'' in the 
        side heading and inserting ``1995 to 2000'' and by striking 
        ``1992 through 1995'' and inserting ``1995 through 2000''.
    (c) Five-Year Budget Resolutions.--Section 606 of the Congressional 
Budget Act of 1974 is amended--
            (1) in subsection (a), by striking ``1992, 1993, 1994, or 
        1995'' and inserting ``1995, 1996, 1997, 1998, 1999, or 2000''; 
        and
            (2) in subsection (d)(1), by striking ``1992, 1993, 1994, 
        and 1995'' and inserting ``1995, 1996, 1997, 1998, 1999, and 
        2000'', and by striking ``(i) and (ii)''.
    (d) Effective Date.--Section 607 of the Congressional Budget Act of 
1974 is amended by striking ``1991 to 1998'' and inserting ``1995 to 
2000''.
    (e) Sequestration Regarding Crime Trust Fund.--(1) Section 
251A(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 
1985 is amended by striking subparagraphs (B), (C), and (D) and its 
last sentence and inserting the following:
                    ``(B) For fiscal year 1996, $1,827,000,000.
                    ``(C) For fiscal year 1997, $3,082,000,000.
                    ``(D) For fiscal year 1998, $3,840,000,000.
                    ``(E) For fiscal year 1999, $4,415,000,000.
                    ``(F) For fiscal year 2000, $4,874,000,000.
        ``The appropriate levels of new budget authority are as 
        follows: for fiscal year 1996, $3,357,000,000; for fiscal year 
        1997, $3,915,000,000; for fiscal year 1998, $4,306,000,000; for 
        fiscal year 1999, $5,089,000,000; and for fiscal year 2000, 
        $5,089,000,000.''.
    (2) The last two sentences of section 310002 of the Violent Crime 
Control and Law Enforcement Act of 1994 (42 U.S.C. 14212) are repealed.

SEC. 3. GENERAL STATEMENT AND DEFINITIONS.

    (a) General Statement.--Section 250(b) of the Balanced Budget and 
Emergency Deficit Control Act of 1985 is amended by striking the first 
sentence and inserting the following: ``This part provides for the 
enforcement of deficit reduction through discretionary spending limits 
and pay-as-you-go requirements for fiscal years 1995 through 2000.''.
    (b) Definitions.--Section 250(c) of the Balanced Budget and 
Emergency Deficit Control Act of 1985 is amended--
            (1) by striking paragraph (4) and inserting the following:
            ``(4) The term `category' means all discretionary 
        appropriations.'';
            (2) by striking paragraph (6) and inserting the following:
            ``(6) The term `budgetary resources' means new budget 
        authority, unobligated balances, direct spending authority, and 
        obligation limitations.'';
            (3) in paragraph (9), by striking ``1992'' and inserting 
        ``1995'';
            (4) in paragraph (14), by striking ``1995'' and inserting 
        ``2000''; and
            (5) by striking paragraph (17) and by redesignating 
        paragraphs (18) through (21) as paragraphs (17) through (20), 
        respectively.

SEC. 4. ENFORCING DISCRETIONARY SPENDING LIMITS.

    Section 251 of the Balanced Budget and Emergency Deficit Control 
Act of 1985 is amended--
            (1) in the side heading of subsection (a), by striking 
        ``1991-1998'' and inserting ``1995-2000'';
            (2) in the first sentence of subsection (b)(1), by striking 
        ``1992, 1993, 1994, 1995, 1996, 1997 or 1998'' and inserting 
        ``1995, 1996, 1997, 1998, 1999, or 2000'' and by striking 
        ``through 1998'' and inserting ``through 2000'';
            (3) in subsection (b)(1), by striking subparagraphs (B) and 
        (C) and by striking ``the following:'' and all that follows 
        through ``The adjustments'' and inserting ``the following: the 
        adjustments'';
            (4) in subsection (b)(2), by striking ``1991, 1992, 1993, 
        1994, 1995, 1996, 1997, or 1998'' and inserting ``1995, 1996, 
        1997, 1998, 1999, or 2000'' and by striking ``through 1998'' 
        and inserting ``through 2000'';
            (5) by striking subparagraphs (A), (B), and (C) of 
        subsection (b)(2);
            (6) in subsection (b)(2)(E), by striking clauses (i), (ii), 
        and (iii) and by striking ``(iv) if, for fiscal years 1994, 
        1995, 1996, 1997, and 1998'' and inserting ``If, for fiscal 
        years 1995, 1996, 1997, 1998, 1999, and 2000''; and
            (7) in subsection (b)(2)(F), strike everything after ``the 
        adjustment in outlays'' and insert ``for a category for a 
        fiscal year shall not exceed 0.5 percent of the adjusted 
        discretionary spending limit on outlays for that fiscal year in 
        fiscal year 1996, 1997, 1998, 1999, or 2000.''.

SEC. 5. ENFORCING PAY-AS-YOU-GO.

    Section 252 of the Balanced Budget and Emergency Deficit Control 
Act of 1985 is amended--
            (1) in the side heading of subsection (a), by striking 
        ``1992-1998'' and inserting ``1995-2000'';
            (2) in subsection (d), by striking ``1998'' each place it 
        appears and inserting ``2000''; and
            (3) in subsection (e), by striking ``1991 through 1998'' 
        and inserting ``1995 through 2000'' and by striking ``through 
        1995'' and inserting ``through 2000''.

SEC. 6. REPORTS AND ORDERS.

    Section 254 of the Balanced Budget and Emergency Deficit Control 
Act of 1985 is amended--
            (1) in subsection (d)(2), by striking ``1998'' and 
        inserting ``2000''; and
            (2) in subsection (g), by striking ``1998'' each place it 
        appears and inserting ``2000''.

SEC. 7. TECHNICAL CORRECTION.

    Section 258 of the Balanced Budget and Emergency Deficit Control 
Act of 1985, entitled ``Modification of Presidential Order'', is 
repealed.

SEC. 8. EFFECTIVE DATE.

    (a) Expiration.--Section 275(b) of the Balanced Budget and 
Emergency Deficit Control Act of 1985 is amended by striking ``1995'' 
and inserting ``2000''.
    (b) Expiration.--Section 14002(c)(3) of the Omnibus Budget 
Reconciliation Act of 1993 (2 U.S.C. 900 note; 2 U.S.C. 665 note) is 
repealed.

SEC. 9. SPECIAL RULE ON INTERRELATIONSHIP BETWEEN CHANGES IN 
              DISCRETIONARY SPENDING LIMITS AND PAY-AS-YOU-GO 
              REQUIREMENTS.

    (a)(1) Section 252 of the Balanced Budget and Emergency Deficit 
Control Act of 1985 is amended by adding at the end the following new 
subsection:
    ``(f) Special Rule on Interrelationship Between Sections 251 and 
252.--(1) Whenever a reconciliation Act decreases the discretionary 
spending limits for outlays and provides that that decrease shall be 
used to offset all or part of an increase in direct spending or 
decrease in receipts (or both) in that Act and reduces the 
discretionary spending limits for budget authority by an amount equal 
to or greater than the amount that budget authority would be as 
calculated using the composite spendout rate, then the reduction in 
receipts or increase in outlays for direct spending (that is so offset) 
shall not be reflected in estimates under subsection (d).
    ``(2) As used in this subsection:
            ``(A) The term `composite spendout rate' means a 
        computational relationship between outlays and new budget 
        authority as follows: 60 percent for the first year, 22 percent 
        for the second year, 12 percent for the third year, 4 percent 
        for the fourth year, and 1 percent for the fifth year.
            ``(B) The term `reconciliation Act' refers to a 
        reconciliation bill (as used in section 310 of the 
        Congressional Budget Act of 1974) after it is enacted into 
        law.''.
    (2) Section 310(a) of the Congressional Budget Act of 1974 is 
amended by striking ``or'' at the end of paragraph (3), by 
redesignating paragraph (4) as paragraph (5) and by striking ``and 
(3)'' in such redesignated paragraph (5) and inserting ``(3), and 
(4)'', and by inserting after paragraph (3) the following new 
paragraph:
            ``(4) carry out section 252(f) of the Balanced Budget and 
        Emergency Deficit Control Act of 1985; or''.
    (b) To the extent that a deficit increase in any fiscal year 
through 2000 caused by changes in direct spending and receipts 
resulting from this Act, the Personal Responsibility Act of 1995, or 
the Contract With America Tax Relief Act of 1995 is offset by 
reductions in the limit on discretionary outlays as provided by section 
2 over the 5 fiscal year period beginning with fiscal year 1996, such 
changes in direct spending and receipts shall not be reflected in 
estimates under section 252(d) of the Balanced Budget and Emergency 
Deficit Control Act of 1985. For purposes of this subsection, 
reductions in the limit on discretionary outlays for fiscal years 1999 
and 2000 shall be measured as reductions from the discretionary 
spending limit for outlays for fiscal year 1998 as in effect 
immediately before the enactment of this Act.
    (c) In the OMB final sequestration report for fiscal year 1996--
            (1) all adjustments required by section 251(b)(2) made 
        after the preview report for fiscal year 1996 shall be made to 
        the discretionary spending limits set forth in 601(a)(2) of the 
        Congressional Budget Act of 1974 as amended by section 2; and
            (2) all statutory changes in the discretionary spending 
        limits made by the Personal Responsibility Act of 1995 or by 
        the Act entitled ``An Act making emergency supplemental 
        appropriations for additional disaster assistance and making 
        rescissions for the fiscal year ending September 30, 1995, and 
        for other purposes'' shall be made to those limits.
Discretionary Spending Reduction and Control Act of 1995 - Amends the Congressional Budget Act of 1974 to establish discretionary spending limits for FY 1996 through 2000. 
Extends congressional committee allocation and enforcement provisions and the applicability of certain points of order through FY 2000. 
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to revise and extend the budgetary amounts through FY 2000 for the Violent Crime Reduction Trust Fund. 
Revises the general statement of budget enforcement to apply to discretionary spending limits and pay-as-you-go requirements rather than expired maximum deficit amounts. 
Extends enforcement of discretionary spending limits, pay-as-you- go requirements, and reporting requirements through FY 2000. 
Provides a special rule on the interrelationship between changes in discretionary spending limits and pay-as-you-go requirements for enforcement purposes.  Prohibits certain changes in direct spending and receipts resulting from this Act, the Personal Responsibility Act of 1995, or the Contract with America Tax Relief Act of 1995 from being reflected in pay-as-you-go estimates. 
Revises the final sequestration report by the Office of Management and Budget for FY 1996.
Discretionary Spending Reduction and Control Act of 1995