third day of session following the beginning of the period 
described in section 1013(a)(1) or the fifth day in the case 
of subsection (c). 
‘‘(e) CBO ESTIMATE.—Upon receipt of a special 
message under section 1101 proposing to rescind all or 
part of any funding or cancel any item of new direct 
spending or limited tax benefit, CBO shall prepare and 
submit to the appropriate committees of the House of 
Representatives and the Senate an estimate of the reduc-
tion in budget authority or change in receipts which would 
result from the enactment of the proposed rescissions or 
cancellations. 
‘‘TREATMENT OF RESCISSIONS AND CANCELLATIONS 
‘‘SEC. 1014. Rescissions and cancellations proposed 
by the President under this part shall take effect only 
upon enactment of the applicable approval bill. If an ap-
proval bill is not enacted into law within 30 days from 
the enactment of the appropriation measure or new direct 
spending or limited tax benefit to which the approval bill 
relates, then the approval bill shall not be eligible for expe-
dited consideration under the provisions of this part. 
‘‘DEFINITIONS 
‘‘SEC. 1015. As used in this part: 
‘‘(1) APPROPRIATION
MEASURE.—The term 
‘appropriation measure’ means an Act referred to in 
section 105 of title 1, United States Code, including 
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any general or special appropriation Act, or any Act 
making supplemental, deficiency, or continuing ap-
propriations, that has been enacted into law pursu-
ant to article I, section 7, of the Constitution of the 
United States. 
‘‘(2) CANCEL.—The term ‘cancel’ or ‘cancella-
tion’ means— 
‘‘(A) with respect to any dollar amount of 
discretionary budget authority, to rescind; 
‘‘(B) with respect to any item of new direct 
spending— 
‘‘(i) that is budget authority provided 
by law (other than an appropriation law), 
to prevent such budget authority from hav-
ing legal force or effect; 
‘‘(ii) that is entitlement authority, to 
prevent the specific legal obligation of the 
United States from having legal force or 
effect; or 
‘‘(iii) through the food stamp pro-
gram, to prevent the specific provision of 
law that results in an increase in budget 
authority or outlays for that program from 
having legal force or effect; and 
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‘‘(C) with respect to a limited tax benefit, 
to prevent the specific provision of law that pro-
vides such benefit from having legal force or ef-
fect. 
‘‘(3) 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. 
‘‘(4) APPROVAL BILL.—The term ‘approval bill’ 
means a bill which only approves rescissions of fund-
ing, items of new direct spending, or limited tax ben-
efits in a special message transmitted by the Presi-
dent under this part and— 
‘‘(A) the title of which is as follows: ‘A bill 
approving the proposed cancellations or rescis-
sions transmitted by the President on lll’, 
the blank space being filled in with the date of 
transmission of the relevant special message 
and the public law number to which the mes-
sage relates; and 
‘‘(B) which provides only the following 
after the enacting clause: ‘That the Congress 
approves the proposed cancellations or rescis-
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sions lll’, the blank space being filled in 
with the list of the cancellations or rescissions 
contained in the President’s special message, 
‘as transmitted by the President in a special 
message on llll’, the blank space being 
filled in with the appropriate date, ‘regarding 
llll.’, the blank space being filled in with 
the public law number to which the special mes-
sage relates. 
‘‘(5) RESCIND OR RESCISSION.—The terms ‘re-
scind’ or ‘rescission’ mean to permanently cancel or 
prevent budget authority or outlays available under 
an obligation limit from having legal force or effect. 
‘‘(6) CONGRESSIONAL
BUDGET
OFFICE.—The 
term ‘CBO’ means the Director of the Congressional 
Budget Office. 
‘‘(7) 
COMPTROLLER
GENERAL.—The 
term 
‘Comptroller General’ means the Comptroller Gen-
eral of the United States. 
‘‘(8) DEFERRAL OF BUDGET AUTHORITY.—The 
term ‘deferral of budget authority’ includes— 
‘‘(A) withholding or delaying the obliga-
tions or expenditure of budget authority 
(whether by establishing reserves or otherwise) 
provided for projects or activities; or 
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‘‘(B) any other type of executive action or 
inaction which effectively precludes the obliga-
tion or expenditure of budget authority, includ-
ing authority to obligate by contract in advance 
of appropriations as specifically authorized by 
law. 
‘‘(9) FUNDING.—(A) Except as provided in sub-
paragraph (B), the term ‘funding’ means all or part 
of the dollar amount of budget authority or obliga-
tion limit— 
‘‘(i) specified in an appropriation measure, 
or the dollar amount of budget authority or ob-
ligation limit required to be allocated by a spe-
cific proviso in an appropriation measure for 
which a specific dollar figure was not included; 
‘‘(ii) represented separately in any table, 
chart, or explanatory text included in the state-
ment of managers or the governing committee 
report accompanying such law; or 
‘‘(iii) represented by the product of the es-
timated procurement cost and the total quantity 
of items specified in an appropriation measure 
or included in the statement of managers or the 
governing committee report accompanying such 
law. 
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