obligation limit from having legal force 
or effect. 
‘‘(5) CONGRESSIONAL BUDGET OFFICE.— 
The term ‘CBO’ means the Director of the 
Congressional Budget Office. 
‘‘(6) 
COMPTROLLER
GENERAL.—The 
term ‘Comptroller General’ means the 
Comptroller General of the United States. 
‘‘(7) DEFERRAL OF BUDGET AUTHORITY.— 
The term ‘deferral of budget authority’ 
includes— 
‘‘(A) withholding or delaying the 
obligations or expenditure of budget 
authority (whether by establishing 
reserves or otherwise) provided for 
projects or activities; or 
‘‘(B) any other type of Executive 
action or inaction which effectively 
precludes the obligation or expendi-
ture of budget authority, including 
authority to obligate by contract in 
advance of appropriations as specifi-
cally authorized by law. 
‘‘(8) FUNDING.—(A) Except as provided 
in subparagraph (B), the term ‘funding’ 
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means all or part of the dollar amount of 
budget authority or obligation limit— 
‘‘(i) specified in an appropriation 
measure, or the dollar amount of 
budget authority or obligation limit 
required to be allocated by a specific 
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 statement of man-
agers or the governing committee re-
port accompanying such law; or 
‘‘(iii) represented by the product 
of the estimated procurement cost 
and the total quantity of items speci-
fied in an appropriation measure or 
included in the statement of man-
agers or the governing committee re-
port accompanying such law. 
‘‘(B) The term ‘funding’ does not in-
clude— 
‘‘(i) direct spending; 
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‘‘(ii) budget authority in an appro-
priation measure which funds direct 
spending provided for in other law; 
‘‘(iii) any existing budget author-
ity canceled in an appropriation 
measure; or 
‘‘(iv) any restriction or condition 
in an appropriation measure or the 
accompanying statement of managers 
or committee reports on the expendi-
ture of budget authority for an ac-
count, program, project, or activity, 
or on activities involving such ex-
penditure. 
‘‘(9) WITHHOLD.—The terms ‘withhold’ 
and ‘withholding’ apply to any executive 
action or inaction that precludes the obli-
gation of funding at a time when it would 
otherwise have been available to an agen-
cy for obligation. The terms do not in-
clude administrative or preparatory ac-
tions undertaken prior to obligation in 
the normal course of implementing budg-
et laws. 
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‘‘EXPIRATION 
‘‘SEC. 1016. On December 15, 2015, the 
amendments made by the Expedited Legisla-
tive Line-Item Veto and Rescissions Act of 
2012 shall be replaced by the provisions of 
part B of the Impoundment Control Act of 
1974 as in effect immediately before the date 
of enactment of the Expedited Legislative 
Line-Item Veto and Rescissions Act of 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 ‘‘1013’’; and 
(2) in subsection (d), by striking ‘‘sec-
tion 1017’’ and inserting ‘‘section 1013’’. 
(b) CLERICAL AMENDMENTS.—(1) The last 
sentence of section 1(a) of the Congressional 
Budget and Impoundment Control Act of 1974 
is amended to read as follows: ‘‘Sections 1011 
through 1016 of part B of title X may be cited 
as the ‘Expedited Legislative Line-Item Veto 
and Rescissions Act of 2012’.’’. 
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(2) Section 1017 of such Act (as redesig-
nated) is amended by striking ‘‘section 1012 or 
1013’’ each place it appears and inserting ‘‘sec-
tion 1011 or 1019’’ and section 1018 (as redes-
ignated) is amended by striking ‘‘calendar’’ 
and ‘‘of continuous session’’. 
(3) Section 1019(c) of such Act (as redesig-
nated) is amended by striking ‘‘1012’’ and in-
serting ‘‘1011’’. 
(4) TABLE OF CONTENTS.—The table of con-
tents set forth in section 1(b) of the Congres-
sional Budget and Impoundment Control Act 
of 1974 is amended by striking the items relat-
ing to parts B and C (including all of the items 
relating to the sections therein) of title X and 
inserting the following: 
‘‘PART B—CONGRESSIONAL CONSIDERATION OF PROPOSED RESCIS-
SIONS AND DEFERRALS OF BUDGET AUTHORITY AND OBLIGATION 
LIMITATIONS 
‘‘Sec. 1011. Congressional consideration of proposed rescis-
sions and deferrals of budget authority and obli-
gation limitations. 
‘‘Sec. 1012. Grants of and limitations on presidential authority. 
‘‘Sec. 1013. Procedures for Expedited Consideration. 
‘‘Sec. 1014. Treatment of rescissions. 
‘‘Sec. 1015. Definitions. 
‘‘Sec. 1016. Expiration.’’. 
(c) EFFECTIVE
DATE.—The amendments 
made by this Act shall apply to funding as de-
fined in section 1015(8) of the Congressional 
Budget Act and Impoundment Control of 1974 
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in any Act enacted after the date of enactment 
of this Act. 
SEC. 4. APPROVAL MEASURES CONSIDERED. 
Section 314 of the Congressional Budget 
Act of 1974 is amended— 
(1) by redesignating subsections (b) 
through (e) as subsections (c) through (f) 
and by inserting after subsection (a) the 
following new subsection: 
‘‘(b) ADJUSTMENTS
FOR
RESCISSIONS.—(1) 
Whenever an approval bill passes the House 
of Representatives, the Committee on the 
Budget shall immediately reduce the applica-
ble allocations under section 302(a) by the 
total amount of reductions in budget author-
ity and in outlays resulting from such ap-
proval bill. 
‘‘(2) As used in this subsection, the term 
‘approval bill’ has the meaning given to such 
term in section 1015.’’; and 
(2) in subsection (d) (as redesignated), 
by inserting ‘‘or (b)’’ after ‘‘subsection 
(a)’’. 
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Union Calendar No. 263 
112TH CONGRESS 
2D SESSION 
H. R. 3521 
[Report No. 112–364, Parts I and II] 
A BILL 
To amend the Congressional Budget and Impound-
ment Control Act of 1974 to provide for a legis-
lative line-item veto to expedite consideration of 
rescissions, and for other purposes. 
FEBRUARY 2, 2012 
Reported from the Committee on Rules with an amend-
ment, committed to the Committee of the Whole House 
on the State of the Union, and ordered to be printed 
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