Expedited Legislative Line-Item Veto and Rescissions Act of 2012

Bill: 112-hr-3521
Sponsor: Rep. Ryan, Paul [R-WI-1]
Introduced: 2011-11-30 in the House
Policy area: Economics and Public Finance
Subjects: Appropriations
Budget deficits and national debt
Budget process
Executive agency funding and structure
Legislative rules and procedure
Presidents and presidential powers, Vice Presidents

Summary:
action_date: 2011-11-30
text: 
Expedited Line-Item Veto and Rescissions Act of 2011 - Amends the Congressional Budget and Impoundment Control Act of 1974 (CBICA) to authorize the President to propose the rescission (line item veto) of all or any dollar amount of funding provided by any enacted bill or joint resolution.
 
Sets forth requirements for the President's transmittal to Congress of a special message regarding the proposed rescission.
 
Authorizes the President, except for his deferral of budget authority provided in CBICA, to withhold such rescinded funding temporarily from obligation, but only once per proposed rescission.
 
Dedicates the rescinded funds solely to deficit reduction or increase of a surplus.
 
Provides for adjustment of: (1) committee allocations resulting from such a rescission, and (2) applicable limits under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) revised downward by the amount of the rescissions.
 
Sets forth procedures for expedited congressional consideration of a proposed rescission.
 
Amends the Congressional Budget Act of 1974 to require the House Committee on the Budget, whenever an approval bill passes the House of Representatives, to reduce the applicable committee allocations immediately by the total amount of reductions in budget authority and in outlays resulting from such approval.
 

 

action_date: 2012-01-17
text: 
Expedited Legislative Line-Item Veto and Rescissions Act of 2011 - Amends the Congressional Budget and Impoundment Control Act of 1974 (CBICA) to authorize the President to propose the rescission (line item veto) of all or any dollar amount of funding provided by any enacted bill or joint resolution.
 
Sets forth requirements for the President's transmittal to Congress of a special message regarding the proposed rescission.
 
Authorizes the President, except for his deferral of budget authority provided in CBICA, to withhold such rescinded funding temporarily from obligation, but only once per proposed rescission.
 
Dedicates the rescinded funds solely to deficit reduction or increase of a surplus.
 
Provides for adjustment of: (1) committee allocations resulting from such rescission, and (2) applicable limits under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) revised downward by the amount of such rescissions.
 
Sets forth procedures for expedited congressional consideration of a proposed rescission.
 
Amends the Congressional Budget Act of 1974 to require the House Committee on the Budget, whenever an approval bill passes the House of Representatives, to reduce the applicable committee allocations immediately by the total amount of reductions in budget authority and in outlays resulting from such approval. 
 
Terminates on December 15, 2015, the amendments made by this Act, with restoration of the provisions of part B of CBICA as in effect immediately before the enactment of this Act.
 

action_date: 2012-02-02
text: 
Expedited Legislative Line-Item Veto and Rescissions Act of 2012 - Amends the Congressional Budget and Impoundment Control Act of 1974 (CBICA) to authorize the President to propose the rescission (line item veto) of all or any dollar amount of funding provided by any enacted bill or joint resolution.
 
Sets forth requirements for the President's transmittal to Congress of a special message regarding the proposed rescission.
 
Authorizes the President, except for his deferral of budget authority provided in CBICA, to withhold such rescinded funding temporarily from obligation, but only once per proposed rescission.
 
Dedicates the rescinded funds solely to deficit reduction or increase of a surplus.
 
Provides for adjustment of: (1) committee allocations resulting from such rescission, and (2) applicable limits under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) revised downward by the amount of such rescissions.
 
Sets forth procedures for expedited congressional consideration of a proposed rescission.
 
Amends the Congressional Budget Act of 1974 to require the House Committee on the Budget, whenever an approval bill passes the House of Representatives, to reduce the applicable committee allocations immediately by the total amount of reductions in budget authority and in outlays resulting from such approval. 
 
Terminates on December 15, 2015, the amendments made by this Act, with restoration of the provisions of part B of CBICA as in effect immediately before the enactment of this Act.
 

action_date: 2012-02-08
text: 
Expedited Legislative Line-Item Veto and Rescissions Act of 2012 - Amends the Congressional Budget and Impoundment Control Act of 1974 (CBICA) to authorize the President to propose the rescission (line item veto) of all or any dollar amount of funding provided by any enacted bill or joint resolution.
 
Sets forth requirements for the President's transmittal to Congress of a special message regarding the proposed rescission.
 
Authorizes the President, except for his deferral of budget authority provided in CBICA, to withhold such rescinded funding temporarily from obligation, but only once per proposed rescission.
 
Dedicates the rescinded funds solely to deficit reduction or increase of a surplus.
 
Provides for adjustment of: (1) committee allocations resulting from such rescission, and (2) applicable limits under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) revised downward by the amount of such rescissions.
 
Sets forth procedures for expedited congressional consideration of a proposed rescission.
 
Amends the Congressional Budget Act of 1974 to require the House Committee on the Budget, whenever an approval bill passes the House of Representatives, to reduce the applicable committee allocations immediately by the total amount of reductions in budget authority and in outlays resulting from such approval. 
 
Terminates on December 15, 2015, the amendments made by this Act, with restoration of the provisions of part B of CBICA as in effect immediately before the enactment of this Act.
 


Legislative actions:
action_date: 2012-02-09
text: Received in the Senate and Read twice and referred to the Committee on the Budget.
action_date: 2012-02-08
text: The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 3521.
action_date: 2012-02-08
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2012-02-08
text: On passage Passed by recorded vote: 254 - 173 (Roll no. 46).
action_date: 2012-02-08
text: Passed/agreed to in House: On passage Passed by recorded vote: 254 - 173 (Roll no. 46).
action_date: 2012-02-08
text: The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H611-613)
action_date: 2012-02-08
text: The previous question was ordered pursuant to the rule. (consideration: CR H615)
action_date: 2012-02-08
text: The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3521.
action_date: 2012-02-08
text: DEBATE - Pursuant to the provisions of H. Res. 540, the Committee of the Whole proceeded with 10 minutes of debate on the Alexander amendment No. 2.
action_date: 2012-02-08
text: DEBATE - Pursuant to the provisions of H. Res. 540, the Committee of the Whole proceeded with 10 minutes of debate on the Ryan (WI) amendment No. 1.
action_date: 2012-02-08
text: GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3521.
action_date: 2012-02-08
text: The Speaker designated the Honorable Jeff Denham to act as Chairman of the Committee.
action_date: 2012-02-08
text: House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 540 and Rule XVIII.
action_date: 2012-02-08
text: Rule provides for consideration of H.R. 3521 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. Specified amendments are in order. The resolution waives all points of order against consideration of the bill and amendment in the nature of a substitute. The resolution makes in order as original text for purpose of amendment the amendment in the nature of a substitute consisting of the text of Rules Committee print 112-12. The resolution provides that it shall be in order at any time through the legislative day of February 9, 2012, for the Speaker to entertain motions that the House suspend the rules, as though under clause 1(c) of rule XV, relating to a measure addressing securities trading based on nonpublic information.
action_date: 2012-02-08
text: Considered under the provisions of rule H. Res. 540. (consideration: CR H602-615)
action_date: 2012-02-08
text: Rule H. Res. 540 passed House.
action_date: 2012-02-07
text: Rules Committee Resolution H. Res. 540 Reported to House. Rule provides for consideration of H.R. 3521 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. Specified amendments are in order. The resolution waives all points of order against consideration of the bill and amendment in the nature of a substitute. The resolution makes in order as original text for purpose of amendment the amendment in the nature of a substitute consisting of the text of Rules Committee print 112-12. The resolution provides that it shall be in order at any time through the legislative day of February 9, 2012, for the Speaker to entertain motions that the House suspend the rules, as though under clause 1(c) of rule XV, relating to a measure addressing securities trading based on nonpublic information.
action_date: 2012-02-02
text: Placed on the Union Calendar, Calendar No. 263.
action_date: 2012-02-02
text: Reported (Amended) by the Committee on Rules. H. Rept. 112-364, Part II.
action_date: 2012-02-02
text: Reported (Amended) by the Committee on Rules. H. Rept. 112-364, Part II.
action_date: 2012-01-17
text: House Committee on Rules Granted an extension for further consideration ending not later than Feb. 3, 2012.
action_date: 2012-01-17
text: Reported (Amended) by the Committee on Budget. H. Rept. 112-364, Part I.
action_date: 2012-01-17
text: Reported (Amended) by the Committee on Budget. H. Rept. 112-364, Part I.
action_date: 2011-11-30
text: Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2011-11-30
text: Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2011-11-30
text: Sponsor introductory remarks on measure. (CR E2131)
action_date: 2011-11-30
text: Introduced in House
action_date: 2011-11-30
text: Introduced in House