Sec. 261. Amendments to sections 251, 252, and 275 of the Balanced Budget
and Emergency Deficit Control Act of 1985.
Subtitle F—Paygo Requirements and the On-Budget Surplus
Sec. 271. Paygo requirements and the on-budget surplus.
Subtitle G—Treatment of Extraneous Appropriations in Omnibus
Appropriation Measures
Sec. 281. Treatment of extraneous appropriations.
TITLE III—BUDGETING AND MANAGING FOR RESULTS: FULL
FUNDING FOR FEDERAL RETIREE COSTS
Subtitle A—Accrual Funding of Pensions and Retirement Pay forederal
Employees and Uniformed Services Personnel
Sec. 301. Civil Service Retirement System.
Sec. 302. Central Intelligence Agency Retirement and Disability System.
Sec. 303. Foreign Service Retirement and Disability System.
Sec. 304. Public Health Service Commissioned Corps Retirement System.
Sec. 305. National Oceanic and Atmospheric Administration Commissioned Of-
ficer Corps Retirement System.
Sec. 306. Coast Guard Military Retirement System.
Subtitle B—Accrual Funding of Post-Retirement Health Benefits Costs for
Federal Employees
Sec. 311. Federal employees health benefits fund.
Sec. 312. Funding uniformed services health benefits for all retirees.
Sec. 313. Effective date.
TITLE I—TRUTH IN BUDGETING
Subtitle A—Limit on the Public
Debt
SEC. 101. FINDINGS.
The Congress finds the following:
(1) Since 1997, Congress has paid down and
retired approximately $500,000,000,000 of the Gov-
ernment’s debt which was previously held by the
public.
(2) This reduction in the Government’s debt to
the public should permit a lowering of the statutory
debt ceiling. However, the statutory definition min-
gles both the public debt and intragovernment liabil-
ities, the latter of which do not represent resource
withdrawals for the economy.
(3) Intragovernment accounts such as the social
security trust funds, the Civil Service Retirement
and Disability Fund, the Department of Defense
Military Retirement Fund, and the Unemployment
Trust Fund constitute accrued liabilities of the Gov-
ernment which will be paid from future receipts,
taxes, or borrowing. If the Government issues debt
to the public to fund such liabilities in the future,
that debt will properly be subject to the debt ceiling.
(4) Properly defining the debt of the Govern-
ment would permit lowering the debt ceiling to take
account of, and lock in, the fiscal progress that has
been made.
SEC. 102. PURPOSE.
It is the purpose of this subtitle to—
(1) properly define the public debt to exclude
intragovernment obligations; and
(2) reduce the public debt ceiling in recognition
of the reduction in outstanding public debt in recent
years, and to encourage further fiscal responsibility
and progress toward eliminating the remaining out-
standing debt.
SEC. 103. LIMIT ON PUBLIC DEBT.
Section 3101 of title 31, United States Code, is
amended to read as follows:
‘‘§ 3101. Public debt limit
‘‘(a) In this section, the current redemption value of
an obligation issued on a discount basis and redeemable
before maturity at the option of its holder is deemed to
be the face amount of the obligation.
‘‘(b) The face amount of obligations issued under this
chapter and the face amount of obligations whose prin-
cipal and interest are guaranteed by the United States
Government (except guaranteed obligations held by the
Secretary of the Treasury and intragovernmental hold-
ings) may not be more than $3,750,000,000,000 out-
standing at one time, subject to changes periodically made
in that amount as provided by law.
‘‘(c) For purposes of this section, the face amount,
for any month, of any obligation issued on a discount basis
that is not redeemable before maturity at the option of
the holder of the obligation is an amount equal to the sum
of—
‘‘(1) the original issue price of the obligation,
plus
‘‘(2) the portion of the discount on the obliga-
tion attributable to periods before the beginning of
such month (as determined under the principles of
section 1272(a) of the Internal Revenue Code of
1986 without regard to any exceptions contained in
paragraph (2) of such section).
‘‘(d) For purposes of this section, the term
‘intragovernment holding’ is any obligation issued by the
Secretary of the Treasury to any Federal trust fund or
Government account, whether in respect of public money,
money otherwise required to be deposited in the Treasury,
or amounts appropriated.’’.
Subtitle B—Establishment of
Biennial Budgeting
SECTION 111. FINDINGS.
The Congress finds that—
(1) the annual appropriations and budget proc-
ess increasingly dominates the congressional agenda
and Congress regularly fails to meet the deadlines of
the Congressional Budget Act of 1974;
(2) the design of the budget process has led to
repetitive and time-consuming budget votes, decreas-
ing the time available for the systematic and pro-
grammatic oversight of Federal programs and delay-
ing the enactment of legislation necessary to fund
the Government;
(3) Congress’ responsibility to improve the effi-
ciency, economy, and effectiveness of governmental
operations, evaluate programs and performance, de-
tect and prevent poor administration, waste, or
abuse in Government programs, ensure that execu-
tive policies reflect the public interest, ensure admin-
istrative compliance with legislative intent, and pre-
vent executive encroachment on legislative authority
and prerogatives is undermined by the current time-
consuming and repetitive budget process;
(4) an annual budget process encourages ineffi-
ciency in the management, stability, and predict-
ability of Federal funding, particularly for States
and localities;
(5) a biennial budget process will reduce the
number of budget-related votes during each Con-
gress, enhance congressional oversight of Govern-
ment operations, encourage longer time horizons in
policy planning and greater stability in fiscal policy;
(6) a biennial budget process was a principal
recommendation of the 1993 Joint Committee on
the Organization of Congress and the Vice Presi-
dent’s National Performance Review;
(7) since the enactment of the Congressional
Budget Act of 1974, more than 50 bills addressing
a two-year budget cycle have been introduced, 10 bi-
ennial budget related provisions were reported by
congressional committees, 7 passed either chamber
and 4 were enacted; more than 40 congressional or
special committee hearings addressed the issue of bi-
ennial budgeting; and the Congressional Budget Of-
fice, the Office of Management and Budget, and 5
different special task forces or joint committees of
Congress have either recommended biennial budg-
eting or further studies of it;
(8) the adoption of a biennial budget process
was recommended by President Reagan in the fiscal
year 1989 budget submission, by President Bush in
the fiscal year 1990 and 1991 budget submissions,
by President Clinton in the fiscal year 1995, 2000,
and 2001 budget submissions, and by President
Bush in the fiscal year 2002 budget submission; and
(9) a bipartisan majority of Members of the
House of Representatives support a biennial budget
process.
SEC. 112. REVISION OF TIMETABLE.
Section 300 of the Congressional Budget Act of 1974
(2 U.S.C. 631) is amended to read as follows:
‘‘TIMETABLE
‘‘SEC. 300. (a) IN GENERAL.—Except as provided by
subsection (b), the timetable with respect to the congres-
sional budget process for any Congress (beginning with
the One Hundred Ninth Congress) is as follows:
‘‘First Session
‘‘On or before:
Action to be completed:
First Monday in February .......
President submits budget recommendations.
February 15 .............................
Congressional Budget Office submits report
to Budget Committees.
Not later than 6 weeks after
budget submission.
Committees submit views and estimates to
Budget Committees.
April 1 ......................................
Budget Committees report concurrent resolu-
tion on the biennial budget.
May 15 .....................................
Congress completes action on concurrent reso-
lution on the biennial budget.
May 15 .....................................
Biennial appropriation bills may be consid-
ered in the House.
June 10 ....................................
House Appropriations Committee reports last
biennial appropriation bill.
June 30 ....................................
House completes action on biennial appropria-
tion bills.
October 1 ..................................
Biennium begins.
‘‘Second Session
‘‘On or before:
Action to be completed:
February 15 .............................
President submits budget review.
Not later than 6 weeks after
President submits budget re-
view.
Congressional Budget Office submits report
to Budget Committees.
The last day of the session .......
Congress completes action on bills and resolu-
tions authorizing new budget authority for
the succeeding biennium.
‘‘(b) SPECIAL RULE.—In the case of any first session
of Congress that begins in any year during which the term
of a President (except a President who succeeds himself)
begins, the following dates shall supersede those set forth
in subsection (a):
‘‘First Session
‘‘On or before:
Action to be completed:
First Monday in April ..............
President submits budget recommendations.
April 20 ....................................
Committees submit views and estimates to
Budget Committees.
May 15 .....................................
Budget Committees report concurrent resolu-
tion on the biennial budget.
June 1 ......................................
Congress completes action on concurrent reso-
lution on the biennial budget.
June 1 ......................................
Biennial appropriation bills may be consid-
ered in the House.
July 1 .......................................
House Appropriations Committee reports last
biennial appropriation bill.
July 20 .....................................
House completes action on biennial appropria-
tion bills.
October 1 ..................................
Biennium begins.’’.
SEC. 113. AMENDMENTS TO THE CONGRESSIONAL BUDGET
AND IMPOUNDMENT CONTROL ACT OF 1974.
(a) DECLARATION OF PURPOSE.—Section 2(2) of the
Congressional Budget and Impoundment Control Act of
1974 (2 U.S.C. 621(2)) is amended by striking ‘‘each
year’’ and inserting ‘‘biennially’’.
(b) DEFINITIONS.—
(1) BUDGET
RESOLUTION.—Section 3(4) of
such Act (2 U.S.C. 622(4)) is amended by striking
‘‘fiscal year’’ each place it appears and inserting ‘‘bi-
ennium’’.
(2) BIENNIUM.—Section 3 of such Act (2
U.S.C. 622) is amended by adding at the end the
following new paragraph:
‘‘(11) The term ‘biennium’ means the period of
2 consecutive fiscal years beginning on October 1 of
any odd-numbered year.’’.
(c) BIENNIAL CONCURRENT RESOLUTION ON THE
BUDGET.—
(1) 
CONTENTS
OF
RESOLUTION.—Section
301(a) of such Act (2 U.S.C. 632(a)) is amended—
(A) in the matter preceding paragraph (1)
by—
(i) striking ‘‘April 15 of each year’’
and inserting ‘‘May 15 of each odd-num-
bered year’’;
(ii) striking ‘‘the fiscal year beginning
on October 1 of such year’’ the first place
it appears and inserting ‘‘the biennium be-
ginning on October 1 of such year’’; and
(iii) striking ‘‘the fiscal year beginning
on October 1 of such year’’ the second
place it appears and inserting ‘‘each fiscal
year in such period’’;
(B) in paragraph (6), by striking ‘‘for the
fiscal year’’ and inserting ‘‘for each fiscal year
in the biennium’’; and
(C) in paragraph (7), by striking ‘‘for the
fiscal year’’ and inserting ‘‘for each fiscal year
in the biennium’’.
(2) ADDITIONAL MATTERS.—Section 301(b) of
such Act (2 U.S.C. 632(b)) is amended—
(A) in paragraph (3), by striking ‘‘for such
fiscal year’’ and inserting ‘‘for either fiscal year
in such biennium’’; and
(B) in paragraph (7), by striking ‘‘for the
first fiscal year’’ and inserting ‘‘for each fiscal
year in the biennium’’.
(3) VIEWS
OF
OTHER
COMMITTEES.—Section
301(d) of such Act (2 U.S.C. 632(d)) is amended by
inserting ‘‘(or, if applicable, as provided by section
300(b))’’ after ‘‘United States Code’’.
(4) HEARINGS.—Section 301(e)(1) of such Act
(2 U.S.C. 632(e)) is amended by—
(A) striking ‘‘fiscal year’’ and inserting
‘‘biennium’’; and
(B) inserting after the second sentence the
following: ‘‘On or before April 1 of each odd-
numbered year (or, if applicable, as provided by
section 300(b)), the Committee on the Budget
of each House shall report to its House the con-
current resolution on the budget referred to in
subsection (a) for the biennium beginning on
October 1 of that year.’’.
(5) GOALS FOR REDUCING UNEMPLOYMENT.—
Section 301(f) of such Act (2 U.S.C. 632(f)) is
amended by striking ‘‘fiscal year’’ each place it ap-
pears and inserting ‘‘biennium’’.
(6) 
ECONOMIC
ASSUMPTIONS.—Section
301(g)(1) of such Act (2 U.S.C. 632(g)(1)) is
amended by striking ‘‘for a fiscal year’’ and insert-
ing ‘‘for a biennium’’.
(7) SECTION HEADING.—The section heading of
section 301 of such Act is amended by striking ‘‘AN-
NUAL’’ and inserting ‘‘BIENNIAL’’.
(8) TABLE OF CONTENTS.—The item relating
to section 301 in the table of contents set forth in
section 1(b) of such Act is amended by striking ‘‘An-
nual’’ and inserting ‘‘Biennial’’.
(d) COMMITTEE ALLOCATIONS.—Section 302 of such
Act (2 U.S.C. 633) is amended—
(1) in subsection (a)(1) by—
(A) striking ‘‘for the first fiscal year of the
resolution,’’ and inserting ‘‘for each fiscal year
in the biennium,’’;
(B) striking ‘‘for that period of fiscal
years’’ and inserting ‘‘for all fiscal years cov-
ered by the resolution’’; and
(C) striking ‘‘for the fiscal year of that
resolution’’ and inserting ‘‘for each fiscal year
in the biennium’’;
(2) in subsection (f)(1), by striking ‘‘for a fiscal
year’’ and inserting ‘‘for a biennium’’;
(3) in subsection (f)(1), by striking ‘‘first fiscal
year’’ and inserting ‘‘either fiscal year of the bien-
nium’’;
(4) in subsection (f)(2)(A), by—
(A) striking ‘‘first fiscal year’’ and insert-
ing ‘‘each fiscal year of the biennium’’; and
(B) striking ‘‘the total of fiscal years’’ and
inserting ‘‘the total of all fiscal years covered by
the resolution’’; and
(5) in subsection (g)(1)(A), by striking ‘‘April’’
and inserting ‘‘May’’.
(e) SECTION 303 POINT OF ORDER.—
(1) IN GENERAL.—Section 303(a) of such Act
(2 U.S.C. 634(a)) is amended by striking ‘‘for a fis-
cal year’’ and inserting ‘‘for a biennium’’ and by
striking ‘‘the first fiscal year’’ and inserting ‘‘each
fiscal year of the biennium’’.
(2) EXCEPTIONS
IN
THE
HOUSE.—Section
303(b) of such Act (2 U.S.C. 634(b)) is amended—
(A) in paragraph (1)(A), by striking ‘‘the
budget year’’ and inserting ‘‘the biennium’’;
(B) in paragraph (1)(B), by striking ‘‘the
fiscal year’’ and inserting ‘‘the biennium’’; and
(C) in paragraph (2), by inserting ‘‘(or
June 1 whenever section 300(b) is applicable)’’
after ‘‘May 15’’.
(3) APPLICATION
TO
THE
SENATE.—Section
303(c)(1) of such Act (2 U.S.C. 634(c)) is amended
by—
(A) striking ‘‘fiscal year’’ and inserting
‘‘biennium’’; and
(B) striking ‘‘that year’’ and inserting
‘‘each fiscal year of that biennium’’.
(f) PERMISSIBLE REVISIONS OF CONCURRENT RESO-
LUTIONS ON THE BUDGET.—Section 304 of such Act (2
U.S.C. 635) is amended—
(1) by striking ‘‘fiscal year’’ the first two places
it appears and inserting ‘‘biennium’’;
(2) by striking ‘‘for such fiscal year’’; and
(3) by inserting before the period ‘‘for such bi-
ennium’’.
(g) PROCEDURES FOR CONSIDERATION OF BUDGET
RESOLUTIONS.—Section 305(a)(3) of such Act (2 U.S.C.
636(b)(3)) is amended by striking ‘‘fiscal year’’ and in-
serting ‘‘biennium’’.
(h) COMPLETION OF HOUSE COMMITTEE ACTION ON
APPROPRIATION BILLS.—Section 307 of such Act (2
U.S.C. 638) is amended—
(1) by striking ‘‘each year’’ and inserting ‘‘each
odd-numbered year (or, if applicable, as provided by
section 300(b), July 1)’’;
(2) by striking ‘‘annual’’ and inserting ‘‘bien-
nial’’;
(3) by striking ‘‘fiscal year’’ and inserting ‘‘bi-
ennium’’; and
(4) by striking ‘‘that year’’ and inserting ‘‘each
odd-numbered year’’.
(i) QUARTERLY BUDGET REPORTS.—Section 308 of
such Act (2 U.S.C. 639) is amended by adding at the end
the following new subsection:
‘‘(d) QUARTERLY BUDGET REPORTS.—The Director
of the Congressional Budget Office shall, as soon as prac-
ticable after the completion of each quarter of the fiscal
year, prepare an analysis comparing revenues, spending,
and the deficit or surplus for the current fiscal year to
assumptions included in the congressional budget resolu-
tion. In preparing this report, the Director of the Congres-
sional Budget Office shall combine actual budget figures
to date with projected revenue and spending for the bal-
ance of the fiscal year. The Director of the Congressional
Budget Office shall include any other information in this
report that it deems useful for a full understanding of the
current fiscal position of the Federal Government. The re-
ports mandated by this subsection shall be transmitted by
the Director to the Senate and House Committees on the
Budget, and the Congressional Budget Office shall make
such reports available to any interested party upon re-
quest.’’.
(j) COMPLETION OF HOUSE ACTION ON REGULAR
APPROPRIATION BILLS.—Section 309 of such Act (2
U.S.C. 640) is amended—
(1) by striking ‘‘It’’ and inserting ‘‘Except
whenever section 300(b) is applicable, it’’;
(2) by inserting ‘‘of any odd-numbered calendar
year’’ after ‘‘July’’;
(3) by striking ‘‘annual’’ and inserting ‘‘bien-
nial’’; and
(4) by striking ‘‘fiscal year’’ and inserting ‘‘bi-
ennium’’.
(k) RECONCILIATION PROCESS.—Section 310 of such
Act (2 U.S.C. 641) is amended—
(1) in subsection (a), in the matter preceding
paragraph (1), by striking ‘‘any fiscal year’’ and in-
serting ‘‘any biennium’’;
(2) in subsection (a)(1), by striking ‘‘such fiscal
year’’ each place it appears and inserting ‘‘any fiscal
year covered by such resolution’’; and
(3) by striking subsection (f) and redesignating
subsection (g) as subsection (f).
(l) SECTION 311 POINT OF ORDER.—
(1) IN THE HOUSE.—Section 311(a)(1) of such
Act (2 U.S.C. 642(a)) is amended—
(A) by striking ‘‘for a fiscal year’’ and in-
serting ‘‘for a biennium’’;
(B) by striking ‘‘the first fiscal year’’ each
place it appears and inserting ‘‘either fiscal
year of the biennium’’; and
(C) by striking ‘‘that first fiscal year’’ and
inserting ‘‘each fiscal year in the biennium’’.
(2) IN
THE
SENATE.—Section 311(a)(2) of
such Act is amended—
(A) in subparagraph (A), by striking ‘‘for
the first fiscal year’’ and inserting ‘‘for either
fiscal year of the biennium’’; and
(B) in subparagraph (B)—
(i) by striking ‘‘that first fiscal year’’
the first place it appears and inserting
‘‘each fiscal year in the biennium’’; and
(ii) by striking ‘‘that first fiscal year
and the ensuing fiscal years’’ and inserting
‘‘all fiscal years’’.
(3) 
SOCIAL
SECURITY
LEVELS.—Section
311(a)(3) of such Act is amended by—
(A) striking ‘‘for the first fiscal year’’ and
inserting ‘‘each fiscal year in the biennium’’;
and
(B) striking ‘‘that fiscal year and the ensu-
ing fiscal years’’ and inserting ‘‘all fiscal
years’’.
(m) 
MAXIMUM
DEFICIT
AMOUNT
POINT
OF
ORDER.—Section 312(c) of the Congressional Budget Act
of 1974 (2 U.S.C. 643) is amended—
(1) by striking ‘‘for a fiscal year’’ and inserting
‘‘for a biennium’’;
(2) in paragraph (1), by striking ‘‘first fiscal
year’’ and inserting ‘‘either fiscal year in the bien-
nium’’;
(3) in paragraph (2), by striking ‘‘that fiscal
year’’ and inserting ‘‘either fiscal year in the bien-
nium’’; and
(4) in the matter following paragraph (2), by
striking ‘‘that fiscal year’’ and inserting ‘‘the appli-
cable fiscal year’’.
SEC. 114. AMENDMENTS TO RULES OF HOUSE OF REP-
RESENTATIVES.
(a) Clause 4(a)(1)(A) of rule X of the Rules of the
House of Representatives is amended by inserting ‘‘odd-
numbered’’ after ‘‘each’’.
(b) Clause 4(a)(4) of rule X of the Rules of the House
of Representatives is amended by striking ‘‘fiscal year’’
and inserting ‘‘biennium’’.
(c) Clause 4(b)(2) of rule X of the Rules of the House
of Representatives is amended by striking ‘‘each fiscal
year’’ and inserting ‘‘the biennium’’.
(d) Clause 4(b) of rule X of the Rules of the House
of Representatives is amended by striking ‘‘and’’ at the
end of subparagraph (5), by striking the period and insert-
ing ‘‘; and’’ at the end of subparagraph (6), and by adding
at the end the following new subparagraph:
‘‘(7) use the second session of each Congress to
study issues with long-term budgetary and economic
implications, which would include—
‘‘(A) hold hearings to receive testimony
from committees of jurisdiction to identify prob-
lem areas and to report on the results of over-
sight; and
‘‘(B) by January 1 of each odd-number
year, issuing a report to the Speaker which
identifies the key issues facing the Congress in
the next biennium.’’.
(e) Clause 11(i) of rule X of the Rules of the House
of Representatives is amended by striking ‘‘the same or
preceding fiscal year’’.
(f) Clause 4(e) of rule X of the Rules of the House
of Representatives is amended by striking ‘‘annually’’ each
place it appears and inserting ‘‘biennially’’ and by striking
‘‘annual’’ and inserting ‘‘biennial’’.
(g) Clause 4(f) of rule X of the Rules of the House
of Representatives is amended—
(1) by inserting ‘‘during each odd-numbered
year’’ after ‘‘submits his budget’’;
(2) by striking ‘‘fiscal year’’ the first place it
appears and inserting ‘‘biennium’’; and
(3) by striking ‘‘that fiscal year’’ and inserting
‘‘each fiscal year in such ensuing biennium’’.
(h) Clause 3(d)(2)(A) of rule XIII of the Rules of
the House of Representatives is amended by striking
‘‘five’’ both places it appears and inserting ‘‘six’’.
(i) Clause 5(a)(1) of rule XIII of the Rules of the
House of Representatives is amended by striking ‘‘fiscal
year after September 15 in the preceding fiscal year’’ and
inserting ‘‘biennium after September 15 of the year in
which such biennium begins’’.
SEC. 115. AMENDMENTS TO TITLE 31, UNITED STATES
CODE.
(a) DEFINITION.—Section 1101 of title 31, United
States Code, is amended by adding at the end the fol-
lowing new paragraph:
‘‘(3) ‘biennium’ has the meaning given to such
term in paragraph (11) of section 3 of the Congres-
sional Budget and Impoundment Control Act of
1974 (2 U.S.C. 622(11)).’’.
(b) BUDGET CONTENTS AND SUBMISSION TO THE
CONGRESS.—
(1) SCHEDULE.—The matter preceding para-
graph (1) in section 1105(a) of title 31, United
States Code, is amended to read as follows:
‘‘(a) On or before the first Monday in February of
each odd-numbered year (or, if applicable, as provided by
section 300(b) of the Congressional Budget Act of 1974),
beginning with the One Hundred Ninth Congress, the
President shall transmit to the Congress, the budget for
the biennium beginning on October 1 of such calendar
year. The budget transmitted under this subsection shall
include a budget message and summary and supporting
information. The President shall include in each budget
the following:’’.
(2) EXPENDITURES.—Section 1105(a)(5) of
title 31, United States Code, is amended by striking
‘‘the fiscal year for which the budget is submitted
and the 4 fiscal years after that year’’ and inserting
‘‘each fiscal year in the biennium for which the
budget is submitted and in the succeeding 4 years’’.
(3) RECEIPTS.—Section 1105(a)(6) of title 31,
United States Code, is amended by striking ‘‘the fis-
cal year for which the budget is submitted and the
4 fiscal years after that year’’ and inserting ‘‘each
fiscal year in the biennium for which the budget is
submitted and in the succeeding 4 years’’.
(4) 
BALANCE
STATEMENTS.—Section
1105(a)(9)(C) of title 31, United States Code, is
amended by striking ‘‘the fiscal year’’ and inserting
‘‘each fiscal year in the biennium’’.
(5) GOVERNMENT
FUNCTIONS
AND
ACTIVI-
TIES.—Section 1105(a)(12) of title 31, United
States Code, is amended in subparagraph (A), by
striking ‘‘the fiscal year’’ and inserting ‘‘each fiscal
year in the biennium’’.
(6) ALLOWANCES.—Section 1105(a)(13) of title
31, United States Code, is amended by striking ‘‘the
fiscal year’’ and inserting ‘‘each fiscal year in the bi-
ennium’’.
(7) ALLOWANCES
FOR
UNANTICIPATED
AND
UNCONTROLLABLE
EXPENDITURES.—Section
1105(a)(14) of title 31, United States Code, is
amended by striking ‘‘that year’’ and inserting ‘‘each
fiscal year in the biennium for which the budget is
submitted’’.
(8) TAX EXPENDITURES.—Section 1105(a)(16)
of title 31, United States Code, is amended by strik-
ing ‘‘the fiscal year’’ and inserting ‘‘each fiscal year
in the biennium’’.
(9) ESTIMATES FOR FUTURE YEARS.—Section
1105(a)(17) of title 31, United States Code, is
amended—
(A) by striking ‘‘the fiscal year following
the fiscal year’’ and inserting ‘‘each fiscal year
in the biennium following the biennium’’;
(B) by striking ‘‘that following fiscal year’’
and inserting ‘‘each such fiscal year’’; and
(C) by striking ‘‘fiscal year before the fis-
cal year’’ and inserting ‘‘biennium before the bi-
ennium’’.
(10) 
PRIOR
YEAR
OUTLAYS.—Section
1105(a)(18) of title 31, United States Code, is
amended—
(A) by striking ‘‘the prior fiscal year,’’ and
inserting ‘‘each of the 2 most recently com-
pleted fiscal years,’’;
(B) by striking ‘‘for that year’’ and insert-
ing ‘‘with respect to those fiscal years’’; and
(C) by striking ‘‘in that year’’ and insert-
ing ‘‘in those fiscal years’’.
(11) 
PRIOR
YEAR
RECEIPTS.—Section
1105(a)(19) of title 31, United States Code, is
amended—
(A) by striking ‘‘the prior fiscal year’’ and
inserting ‘‘each of the 2 most recently com-
pleted fiscal years’’;
(B) by striking ‘‘for that year’’ and insert-
ing ‘‘with respect to those fiscal years’’; and
(C) by striking ‘‘in that year’’ each place
it appears and inserting ‘‘in those fiscal years’’.
(c) ESTIMATED EXPENDITURES
OF LEGISLATIVE
AND JUDICIAL BRANCHES.—Section 1105(b) of title 31,
United States Code, is amended by striking ‘‘each year’’
and inserting ‘‘each even-numbered year’’.
(d) RECOMMENDATIONS TO MEET ESTIMATED DE-
FICIENCIES.—Section 1105(c) of title 31, United States
Code, is amended—
(1) by striking ‘‘the fiscal year for’’ the first
place it appears and inserting ‘‘each fiscal year in
the biennium for’’;
(2) by striking ‘‘the fiscal year for’’ the second
place it appears and inserting ‘‘each fiscal year of
the biennium, as the case may be,’’; and
(3) by striking ‘‘that year’’ and inserting ‘‘for
each year of the biennium’’.
(e) 
CAPITAL
INVESTMENT
ANALYSIS.—Section
1105(e)(1) of title 31, United States Code, is amended
by striking ‘‘ensuing fiscal year’’ and inserting ‘‘biennium
to which such budget relates’’.
(f) 
SUPPLEMENTAL
BUDGET
ESTIMATES
AND
CHANGES.—
(1) IN GENERAL.—Section 1106(a) of title 31,
United States Code, is amended—
(A) in the matter preceding paragraph (1),
by—
(i) inserting ‘‘and before February 15
of each even-numbered year’’ after ‘‘Before
July 16 of each year’’; and
(ii) striking ‘‘fiscal year’’ and insert-
ing ‘‘biennium’’;
(B) in paragraph (1), by striking ‘‘that fis-
cal year’’ and inserting ‘‘each fiscal year in
such biennium’’;
(C) in paragraph (2), by striking ‘‘4 fiscal
years following the fiscal year’’ and inserting ‘‘4
fiscal years following the biennium’’; and
(D) in paragraph (3), by striking ‘‘fiscal
year’’ and inserting ‘‘biennium’’.
(2) CHANGES.—Section 1106(b) of title 31,
United States Code, is amended by—
(A) striking ‘‘the fiscal year’’ and inserting
‘‘each fiscal year in the biennium’’; and
(B) inserting ‘‘and before February 15 of
each even-numbered year’’ after ‘‘Before July
16 of each year’’.
(g) CURRENT PROGRAMS
AND ACTIVITIES ESTI-
MATES.—
(1) THE PRESIDENT.—Section 1109(a) of title
31, United States Code, is amended—
(A) by striking ‘‘On or before the first
Monday after January 3 of each year (on or be-
fore February 5 in 1986)’’ and inserting ‘‘At
the same time the budget required by section
1105 is submitted for a biennium’’; and
(B) by striking ‘‘the following fiscal year’’
and inserting ‘‘each fiscal year of such period’’.
(2) JOINT
ECONOMIC
COMMITTEE.—Section
1109(b) of title 31, United States Code, is amended
by striking ‘‘March 1 of each year’’ and inserting
‘‘within 6 weeks of the President’s budget submis-
sion for each odd-numbered year (or, if applicable,
as provided by section 300(b) of the Congressional
Budget Act of 1974)’’.
(h) YEAR-AHEAD
REQUESTS
FOR
AUTHORIZING
LEGISLATION.—Section 1110 of title 31, United States
Code, is amended by—
(1) striking ‘‘May 16’’ and inserting ‘‘March
31’’; and
(2) striking ‘‘year before the year in which the
fiscal year begins’’ and inserting ‘‘calendar year pre-
ceding the calendar year in which the biennium be-
gins’’.
SEC. 116. TWO-YEAR APPROPRIATIONS; TITLE AND STYLE
OF APPROPRIATION ACTS.
Section 105 of title 1, United States Code, is amend-
ed to read as follows:
‘‘§ 105. Title and style of appropriations Acts
‘‘(a) The style and title of all Acts making appropria-
tions for the support of the Government shall be as fol-
lows: ‘An Act making appropriations (here insert the ob-
ject) for each fiscal year in the biennium of fiscal years
(here insert the fiscal years of the biennium).’.
‘‘(b) All Acts making regular appropriations for the
support of the Government shall be enacted for a biennium
and shall specify the amount of appropriations provided
for each fiscal year in such period.
‘‘(c) For purposes of this section, the term ‘biennium’
has the same meaning as in section 3(11) of the Congres-
sional Budget and Impoundment Control Act of 1974 (2
U.S.C. 622(11)).’’.
SEC. 117. MULTIYEAR AUTHORIZATIONS.
(a) IN GENERAL.—Title III of the Congressional
Budget Act of 1974 is amended by adding at the end the
following new section:
‘‘MULTIYEAR AUTHORIZATIONS OF APPROPRIATIONS
‘‘SEC. 316. (a) POINT OF ORDER.—(1)(A) It shall
not be in order in the House of Representatives or the
Senate to consider any measure that contains a specific
authorization of appropriations for any purpose unless the
measure includes such a specific authorization of appro-
priations for that purpose for not less than each fiscal year
in one or more bienniums.
‘‘(B) For purposes of this paragraph, a specific au-
thorization of appropriations is an authorization for the
enactment of an amount of appropriations or amounts not
to exceed an amount of appropriations (whether stated as
a sum certain, as a limit, or as such sums as may be nec-
essary) for any purpose for a fiscal year.
‘‘(2) Paragraph (1) does not apply with respect to
an authorization of appropriations for a single fiscal year
for any program, project, or activity if the measure con-
taining that authorization includes a provision expressly
stating the following: ‘Congress finds that no authoriza-
tion of appropriation will be required for [Insert name of
applicable program, project, or activity] for any subse-
quent fiscal year.’.
‘‘(3) For purposes of this section, the term ‘measure’
means a bill, joint resolution, amendment, motion, or con-
ference report’’.
(b) AMENDMENT TO TABLE OF CONTENTS.—The
table of contents set forth in section 1(b) of the Congres-
sional Budget and Impoundment Control Act of 1974 is
amended by adding after the item relating to section 315
the following new item:
‘‘Sec. 316. Multiyear authorizations of appropriations.’’.
SEC. 118. GOVERNMENT STRATEGIC AND PERFORMANCE
PLANS ON A BIENNIAL BASIS.
(a) STRATEGIC PLANS.—Section 306 of title 5,
United States Code, is amended—
(1) in subsection (a), by striking ‘‘September
30, 1997’’ and inserting ‘‘September 30, 2003’’;
(2) in subsection (b)—
(A) by striking ‘‘at least every three years’’
and all that follows thereafter and inserting ‘‘at
least every 4 years, except that strategic plans
submitted by September 30, 2003, shall be up-
dated and revised by September 30, 2006’’; and
(B) by striking ‘‘five years forward’’ and
inserting ‘‘six years forward’’; and
(3) in subsection (c), by inserting a comma
after ‘‘section’’ the second place it appears and add-
ing ‘‘including a strategic plan submitted by Sep-
tember 30, 2003, meeting the requirements of sub-
section (a)’’.
(b) BUDGET CONTENTS AND SUBMISSION TO CON-
GRESS.—Paragraph (28) of section 1105(a) of title 31,
United States Code, is amended by striking ‘‘beginning
with fiscal year 1999, a’’ and inserting ‘‘beginning with
fiscal year 2006, a biennial’’.
(c) PERFORMANCE PLANS.—Section 1115 of title 31,
United States Code, is amended—
(1) in subsection (a)—
(A) in the matter before paragraph (1)—
(i) by striking ‘‘section 1105(a)(29)’’
and inserting ‘‘section 1105(a)(28)’’; and
(ii) by striking ‘‘an annual’’ and in-
serting ‘‘a biennial’’;
(B) in paragraph (1) by inserting after
‘‘program activity’’ the following: ‘‘for both
years 1 and 2 of the biennial plan’’;
(C) in paragraph (5) by striking ‘‘and’’
after the semicolon,
(D) in paragraph (6) by striking the period
and inserting a semicolon; and inserting ‘‘and’’
after the inserted semicolon; and
(E) by adding after paragraph (6) the fol-
lowing:
‘‘(7) cover each fiscal year of the biennium be-
ginning with the first fiscal year of the next biennial
budget cycle.’’;
(2) in subsection (d) by striking ‘‘annual’’ and
inserting ‘‘biennial’’; and
(3) in paragraph (6) of subsection (f) by strik-
ing ‘‘annual’’ and inserting ‘‘biennial’’.
(d) MANAGERIAL
ACCOUNTABILITY
AND
FLEXI-
BILITY.—Section 9703 of title 31, United States Code, re-
lating to managerial accountability, is amended—
(1) in subsection (a)—
(A) in the first sentence by striking ‘‘an-
nual’’; and
(B) by striking ‘‘section 1105(a)(29)’’ and
inserting ‘‘section 1105(a)(28)’’;
(2) in subsection (e)—
(A) in the first sentence by striking ‘‘one
or’’ before ‘‘two years’’;
(B) in the second sentence by striking ‘‘a
subsequent year’’ and inserting ‘‘for a subse-
quent 2-year period’’; and
(C) in the third sentence by striking
‘‘three’’ and inserting ‘‘four’’.
(e) STRATEGIC PLANS.—Section 2802 of title 39,
United States Code, is amended—
(1) in subsection (a), by striking ‘‘September
30, 1997’’ and inserting ‘‘September 30, 2003’’;
(2) in subsection (b), by striking ‘‘at least every
three years’’ and inserting ‘‘at least every 4 years
except that strategic plans submitted by September
30, 2003, shall be updated and revised by September
30, 2006’’;
(3) in subsection (b), by striking ‘‘five years
forward’’ and inserting ‘‘six years forward’’; and
(4) in subsection (c), by inserting a comma
after ‘‘section’’ the second place it appears and in-
serting ‘‘including a strategic plan submitted by
September 30, 2003, meeting the requirements of
subsection (a)’’.
(f) PERFORMANCE PLANS.—Section 2803(a) of title
39, United States Code, is amended—
(1) in the matter before paragraph (1), by
striking ‘‘an annual’’ and inserting ‘‘a biennial’’;
(2) in paragraph (1), by inserting after ‘‘pro-
gram activity’’ the following: ‘‘for both years 1 and
2 of the biennial plan’’;
(3) in paragraph (5), by striking ‘‘and’’ after
the semicolon;
(4) in paragraph (6), by striking the period and
inserting ‘‘; and’’; and
(5) by adding after paragraph (6) the following:
‘‘(7) cover each fiscal year of the biennium be-
ginning with the first fiscal year of the next biennial
budget cycle.’’.
(g) COMMITTEE VIEWS OF PLANS AND REPORTS.—
Section 301(d) of the Congressional Budget Act (2 U.S.C.
632(d)) is amended by adding at the end ‘‘Each committee
of the Senate or the House of Representatives shall review
the strategic plans, performance plans, and performance
reports, required under section 306 of title 5, United
States Code, and sections 1115 and 1116 of title 31,
United States Code, of all agencies under the jurisdiction
of the committee. Each committee may provide its views
on such plans or reports to the Committee on the Budget
of the applicable House.’’.
(h) EFFECTIVE DATE.—
(1) IN GENERAL.—The amendments made by
this section shall take effect on March 1, 2005.
(2) AGENCY ACTIONS.—Effective on and after
the date of enactment of this Act, each agency shall
take such actions as necessary to prepare and sub-
mit any plan or report in accordance with the
amendments made by it.
SEC. 119. BIENNIAL APPROPRIATION BILLS.
(a) IN
THE HOUSE
OF REPRESENTATIVES.—(1)
Clause 2(a) of rule XXI of the Rules of the House of Rep-
resentatives is amended by adding at the end the following
new subparagraph:
‘‘(3)(A) Except as provided by subdivision (B), an ap-
propriation may not be reported in a general appropriation
bill (other than a supplemental appropriation bill), and
may not be in order as an amendment thereto, unless it
provides new budget authority or establishes a level of ob-
ligations under contract authority for each fiscal year of
a biennium.
‘‘(B) Subdivision (A) does not apply with respect to
an appropriation for a single fiscal year for any program,
project, or activity if the bill or amendment thereto con-
taining that appropriation includes a provision expressly
stating the following: ‘Congress finds that no additional
funding beyond one fiscal year will be required and the
[Insert name of applicable program, project, or activity]
will be completed or terminated after the amount provided
has been expended.’.
‘‘(C) For purposes of paragraph (b), the statement
set forth in subdivision (B) with respect to an appropria-
tion for a single fiscal year for any program, project, or
activity may be included in a general appropriation bill
or amendment thereto.’’.
(2) Clause 5(b)(1) of rule XXII of the House of Rep-
resentatives is amended by striking ‘‘or (c)’’ and inserting
‘‘or (3) or 2(c)’’.
(b) IN THE SENATE.—(1) Title III of the Congres-
sional Budget Act of 1974 (2 U.S.C. 631 et seq.) (as
amended by section 117) is further amended by adding
at the end the following:
‘‘CONSIDERATION OF BIENNIAL APPROPRIATION BILLS
‘‘SEC. 317. It shall not be in order in the Senate in
any odd-numbered year to consider any regular appropria-
tion bill providing new budget authority or a limitation
on obligations under the jurisdiction of the Committee on
Appropriations for only the first fiscal year of a biennium,
unless the program, project, or activity for which the new
budget authority or obligation limitation is provided will
require no additional authority beyond one year and will
be completed or terminated after the amount provided has
been expended.’’.
(2) The table of contents set forth in section 1(b) of
the Congressional Budget and Impoundment Control Act
of 1974 is amended by adding after the item relating to
section 316 the following new item:
‘‘Sec. 317. Consideration of biennial appropriation bills.’’.
SEC. 120. ASSISTANCE BY FEDERAL AGENCIES TO STAND-
ING COMMITTEES OF THE SENATE AND THE
HOUSE OF REPRESENTATIVES.
(a) INFORMATION REGARDING AGENCY APPROPRIA-
TIONS REQUESTS.—To assist each standing committee of
the House of Representatives and the Senate in carrying
out its responsibilities, the head of each Federal agency
which administers the laws or parts of laws under the ju-
risdiction of such committee shall provide to such com-
mittee such studies, information, analyses, reports, and
assistance as may be requested by the chairman and rank-
ing minority member of the committee.
(b) INFORMATION REGARDING AGENCY PROGRAM
ADMINISTRATION.—To assist each standing committee of
the House of Representatives and the Senate in carrying
out its responsibilities, the head of any agency shall fur-
nish to such committee documentation, containing infor-
mation received, compiled, or maintained by the agency
as part of the operation or administration of a program,
or specifically compiled pursuant to a request in support
of a review of a program, as may be requested by the
chairman and ranking minority member of such com-
mittee.
(c) SUMMARIES BY COMPTROLLER GENERAL.—With-
in thirty days after the receipt of a request from a chair-
man and ranking minority member of a standing com-
mittee having jurisdiction over a program being reviewed
and studied by such committee under this section, the
Comptroller General of the United States shall furnish to
such committee summaries of any audits or reviews of
such program which the Comptroller General has com-
pleted during the preceding six years.
(d) CONGRESSIONAL ASSISTANCE.—Consistent with
their duties and functions under law, the Comptroller Gen-
eral of the United States, the Director of the Congres-
sional Budget Office, and the Director of the Congres-
sional Research Service shall continue to furnish (con-
sistent with established protocols) to each standing com-
mittee of the House of Representatives or the Senate such
information, studies, analyses, and reports as the chair-
man and ranking minority member may request to assist
the committee in conducting reviews and studies of pro-
grams under this section.
SEC. 121. REPORT ON TWO-YEAR FISCAL PERIOD.
Not later than 180 days after the date of enactment
of this Act, the Director of the Office of Management and
Budget shall—
(1) determine the impact and feasibility of
changing the definition of a fiscal year and the
budget process based on that definition to a 2-year
fiscal period with a biennial budget process based on
the 2-year period; and
(2) report the findings of the study to the Com-
mittees on the Budget of the House of Representa-
tives and the Senate and the Committee on Rules of
the House of Representatives.
SEC. 122. SPECIAL TRANSITION PERIOD FOR THE 108TH
CONGRESS.
(a) PRESIDENT’S BUDGET SUBMISSION FOR FISCAL
YEAR 2004.—The budget submission of the President
pursuant to section 1105(a) of title 31, United States
Code, for fiscal year 2004 shall include the following:
(1) An identification of the budget accounts for
which an appropriation should be made for each fis-
cal year of the fiscal year 2004–2005 biennium.
(2) Budget authority that should be provided
for each such fiscal year for the budget accounts
identified under paragraph (1).
(b) REVIEW AND RECOMMENDATIONS OF THE COM-
MITTEES ON APPROPRIATIONS.—The Committee on Ap-
propriations of the House of Representatives and the Sen-
ate shall review the items included pursuant to subsection
(a) in the budget submission of the President for fiscal
year 2004 and include its recommendations thereon in its
views and estimates made under section 301(d) of the
Congressional Budget Act of 1974 within 6 weeks of that
budget submission.
(c) ACTIONS BY THE COMMITTEES ON THE BUDG-
ET.—(1) The Committee on the Budget of the House of
Representatives and the Senate shall review the items in-
cluded pursuant to subsection (a) in the budget submis-
sion of the President for fiscal year 2004 and the rec-
ommendations submitted by the Committee on Appropria-
tions of its House pursuant to subsection (b) included in
its views and estimates made under section 301(d) of the
Congressional Budget Act of 1974.
(2) The report of the Committee on the Budget of
each House accompanying the concurrent resolution on
the budget for fiscal year 2004 and the joint explanatory
statement of managers accompanying such resolution shall
also include allocations to the Committee on Appropria-
tions of its House of total new budget authority and total
outlays (which shall be deemed to be made pursuant to
section 302(a) of the Congressional Budget Act of 1974
for purposes of budget enforcement under section 302(f))
for fiscal year 2005 from which the Committee on Appro-
priations may report regular appropriation bills for fiscal
year 2004 that include funding for certain accounts for
each of fiscal years 2004 and 2005.
(3) The report of the Committee on the Budget of
each House accompanying the concurrent resolution on
the budget for fiscal year 2004 and the joint explanatory
statement of managers accompanying such resolution shall
also include the assumptions upon which such allocations
referred to in paragraph (2) are based.
(d) GAO PROGRAMMATIC
OVERSIGHT
ASSIST-
ANCE.—(1) During the first session of the 108th Congress
the committees of the House of Representatives and the
Senate are directed to work with the Comptroller General
of the United States to develop plans to transition pro-
gram authorizations to a multi-year schedule.
(2) During the 108th Congress, the Comptroller Gen-
eral of the United States will continue to provide assist-
ance to the Congress with respect to programmatic over-
sight and in particular will assist the committees of Con-
gress in designing and conforming programmatic oversight
procedures for the fiscal year 2005–2006 biennium.
(e) CBO AUTHORIZATION REPORT.—On or before
January 15, 2004, the Director of the Congressional
Budget Office, after consultation with the appropriate
committees of the House of Representatives and Senate,
shall submit to the Congress a report listing (A) all pro-
grams and activities funded during fiscal year 2004 for
which authorizations for appropriations have not been en-
acted for that fiscal year and (B) all programs and activi-
ties funded during fiscal year 2004 for which authoriza-
tions for appropriations will expire during that fiscal year,
fiscal year 2005, or fiscal year 2006.
(f) PRESIDENT’S BUDGET SUBMISSION FOR FISCAL
YEAR 2005.—The budget submission of the President
pursuant to section 1105(a) of title 31, United States
Code, for fiscal year 2005 shall include an evaluation of,
and recommendations regarding, the transitional biennial
budget process for the fiscal year 2004–2005 biennium
that was carried out pursuant to this section.
(g) CBO TRANSITIONAL REPORT.—On or before
March 31, 2004, the Director of the Congressional Budget
Office shall submit to Congress an evaluation of, and rec-
ommendations regarding, the transitional biennial budget
process for the fiscal year 2004–2005 biennium that was
carried out pursuant to this section.
SEC. 123. EFFECTIVE DATE.
Except as provided by sections 121 and 122, this title
and the amendments made by it shall take effect on Janu-
ary 1, 2005, and shall apply to budget resolutions and
appropriations for the biennium beginning with fiscal year
2006.
TITLE II—TRUTH IN SPENDING
Subtitle A—Emergency Spending
Legislation
SEC. 201. EMERGENCY SPENDING LEGISLATION AND THE
BASELINE.
(a) IN GENERAL.—Section 257(a) of the Balanced
Budget and Emergency Deficit Control Act of 1985 is
amended by inserting ‘‘, except for emergency appropria-
tions covered by section 251(b)(2)(A) and emergency leg-
islation covered by section 252(e)’’ before the period.
(b) DIRECT SPENDING
AND RECEIPTS.—Section
257(b)(2) of the Balanced Budget and Emergency Deficit
Control Act of 1985 is amended by adding at the end the
following new subparagraph:
‘‘(E) Emergency legislation covered by section
252(e) shall not be extended in the baseline.’’.
(c) 
DISCRETIONARY
APPROPRIATIONS.—Section
257(c) of the Balanced Budget and Emergency Deficit
Control Act of 1985 is amended by adding at the end the
following new paragraph:
‘‘(7) Emergency appropriations covered by sec-
tion 251(b)(2)(A) shall not be extended in the base-
line.’’.
SEC. 202. OMB EMERGENCY CRITERIA.
(a) DEFINITION OF EMERGENCY.—Section 3 of the
Congressional Budget and Impoundment Control Act of
1974 (as amended by section 113(b)) is further amended
by adding at the end the following new paragraph:
‘‘(12)(A) The term ‘emergency’ means a situa-
tion that—
‘‘(i) requires new budget authority and
outlays (or new budget authority and the out-
lays flowing therefrom) for the prevention or
mitigation of, or response to, loss of life or
property, or a threat to national security; and
‘‘(ii) is unanticipated.
‘‘(B) As used in subparagraph (A), the term
‘unanticipated’ means that the underlying situation
is—
‘‘(i) sudden, which means quickly coming
into being or not building up over time;
‘‘(ii) urgent, which means a pressing and
compelling need requiring immediate action;
‘‘(iii) unforeseen, which means not pre-
dicted or anticipated as an emerging need; and
‘‘(iv) temporary, which means not of a per-
manent duration.’’.
(b) CONFORMING AMENDMENT.—Section 250(c) of
the Balanced Budget and Emergency Deficit Control Act
of 1985 is amended by adding at the end the following
new paragraph:
‘‘(20) The term ‘emergency’ has the meaning
given to such term in section 3 of the Congressional
Budget and Impoundment Control Act of 1974.’’.
SEC. 203. POINT OF ORDER TO ENFORCE DEFINITION OF
EMERGENCY.
(a) IN GENERAL.—Section 312 of the Congressional
Budget Act of 1974 is amended by adding at the end the
following new subsection:
‘‘(g) It shall not be in order in the House of Rep-
resentatives or in the Senate to consider any bill or joint
resolution, or an amendment thereto or a conference re-
port thereon, which carries an emergency designation pur-
suant to section 251(b)(2)(A) or section 252(e) of the Bal-
anced Budget and Emergency Deficit Control Act of
1985.’’.
(b) WAIVERS AND APPEALS IN THE SENATE.—Sec-
tions 904(c)(2) and 904(d)(3) are amended by striking ‘‘,
and 312(c)’’ and by inserting ‘‘312(c), and 312(g)’’.
Subtitle B—The Byrd Rule
SEC. 211. LIMITATION ON BYRD RULE.
(a) PROTECTION OF CONFERENCE REPORTS.—Sec-
tion 313 of the Congressional Budget Act of 1974 is
amended—
(1) in subsection (b)(1), by striking subpara-
graph (E) through the semicolon at the end thereof
and by redesignating subparagraph (F) as subpara-
graph (E);
(2) in subsection (c), by striking ‘‘and again
upon the submission of a conference report on such
a reconciliation bill or resolution,’’;
(3) by striking subsection (d);
(4) by redesignating subsection (e) as sub-
section (d); and
(5) in subsection (e), as redesignated—
(A) by striking ‘‘, motion, or conference re-
port’’ the first place it appears and inserting ‘‘,
or motion’’; and
(B) by striking ‘‘, motion, or conference re-
port’’ the second and third places it appears
and inserting ‘‘or motion’’.
(b) CONFORMING AMENDMENT.—The first sentence
of section 312(e) of the Congressional Budget Act of 1974
is amended by inserting ‘‘, except for section 313,’’ after
‘‘Act’’.
Subtitle C—Spending
Accountability Reserve
SEC. 231. SHORT TITLE.
This subtitle may be cited as the ‘‘Spending Account-
ability Reserve Act of 2002’’.
SEC. 232. SPENDING ACCOUNTABILITY RESERVE LEDGER.
(a) ESTABLISHMENT OF LEDGER.—Title III of the
Congressional Budget Act of 1974 (as amended by section
119(a)) is further amended by adding at the end the fol-
lowing new section:
‘‘SPENDING ACCOUNTABILITY RESERVE LEDGER
‘‘SEC. 318. (a) ESTABLISHMENT OF LEDGER.—The
chairman of the Committee on the Budget of the House
of Representatives and the chairman of the Committee on
the Budget of the Senate shall each maintain a ledger to
be known as the ‘Spending Accountability Reserve Ledg-
er’. The Ledger shall be divided into entries corresponding
to the subcommittees of the Committees on Appropria-
tions. Each entry shall consist of three components: the
‘House Reserve Balance’; the ‘Senate Reserve Balance’;
and the ‘Joint House-Senate Reserve Balance’.
‘‘(b) COMPONENTS OF LEDGER.—Each component in
an entry shall consist only of amounts credited to it under
subsection (c). No entry of a negative amount shall be
made.
‘‘(c) CREDIT OF AMOUNTS TO LEDGER.—(1) In the
House of Representatives or the Senate, whenever a Mem-
ber offers an amendment to an appropriation bill to reduce
new budget authority in any account, that Member may
state the portion of such reduction that shall be—
‘‘(A) credited to the House or Senate Reserve
Balance, as applicable; or
‘‘(B) allowed to remain within the applicable
section 302(b) suballocation.
If no such statement is made, the amount of reduction
in new budget authority resulting from the amendment
shall be credited to the House or Senate Reserve Balance,
as applicable, if the amendment is agreed to.
‘‘(2)(A) Except as provided by subparagraph (B), the
chairmen of the Committees on the Budget shall, upon
the engrossment of any appropriation bill by the House
of Representatives and upon the engrossment of that bill
by the Senate, credit to the applicable entry balance of
that House amounts of new budget authority and outlays
equal to the net amounts of reductions in new budget au-
thority and in outlays resulting from amendments agreed
to by that House to that bill.