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<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet type="text/css" href="uslm.css"?><bill xmlns="http://schemas.gpo.gov/xml/uslm" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:html="http://www.w3.org/1999/xhtml" xmlns:uslm="http://schemas.gpo.gov/xml/uslm" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://schemas.gpo.gov/xml/uslm uslm-2.1.0.xsd" xml:lang="en" id="A1"><!--Disclaimer: Legislative measures that include compacts or other non-standard data structures will require additional modeling and may contain inconsistencies in the converted USLM XML.--> <meta>
<dc:title>116 S 2245 : To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget.</dc:title>
<dc:type>Senate Bill</dc:type>
<docStage>Pre-Introduced</docStage>
<currentChamber>SENATE</currentChamber>
<dc:creator>United States Senate</dc:creator>
<processedBy>GPO XPub Bill to USLM Generator, version 0.5 + manual changes</processedBy>
<processedDate>2024-09-09</processedDate>
<dc:publisher>United States Government Publishing Office</dc:publisher>
<dc:format>text/xml</dc:format>
<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<congress>116</congress>
<session>1</session>
<publicPrivate>public</publicPrivate></meta>
<preface>
<distributionCode display="yes">II</distributionCode>
<congress value="116">116th CONGRESS</congress>
<session value="1">1st Session</session>
<dc:type>S. </dc:type>
<docNumber>2245</docNumber>
<dc:title>To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget.</dc:title>
<currentChamber value="SENATE">IN THE SENATE OF THE UNITED STATES</currentChamber>
<action><date date="2019-07-24"><inline class="smallCaps">July </inline>24, 2019</date><actionDescription><sponsor senateId="S397">Mr. <inline class="smallCaps">Braun</inline></sponsor> (for himself and <cosponsor senateId="S391">Mr. <inline class="smallCaps">Young</inline></cosponsor>) introduced the following bill; which was read twice and referred to the <committee committeeId="SSBU00">Committee on the Budget</committee></actionDescription></action></preface>
<main id="H2041455A642C4F5DA69178F46B1CBC26" styleType="OLC"><longTitle><docTitle>A BILL</docTitle><officialTitle>To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget.</officialTitle></longTitle><enactingFormula><i>Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, </i></enactingFormula>
<section identifier="/us/bill/116/s//s1" id="H4489BA84E5E2453E93CB7B219A047406"><num value="1">SECTION 1. </num><heading>SHORT TITLE.</heading><content class="block">This title may be cited as the “<shortTitle role="title">Maximizing Americas Prosperity Act of 2019</shortTitle>”.</content></section>
<section identifier="/us/bill/116/s//s2" id="H8ED06AFC0EAF4B1DBB822957BEE7F66A"><num value="2">SEC. 2. </num><heading>TOTAL SPENDING LIMITS.</heading>
<subsection role="instruction" identifier="/us/bill/116/s//s2/a" id="H179117093ABC49B69F64DEB8FC53201C" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">Total Spending Limits</inline>.—</heading><content>Section 251 of the Balanced Budget and Emergency Deficit Control Act of 1985 (<ref href="/us/usc/t2/s901">2 U.S.C. 901</ref>) <amendingAction type="amend">is amended</amendingAction> to read as follows:
<quotedContent id="HE3EBF64BB67142539D0E7DB619D6B4D0" styleType="OLC">
<section id="H46FDD0908B4D4089A71E512FFEC964E4"><num value="251">“SEC. 251. </num><heading>TOTAL SPENDING LIMITS.</heading>
<subsection id="H5D8E82E7C8CE42119A2460CDCF0A78C1" class="indent0"><num value="a">“(a) </num><heading><inline class="smallCaps">Projections</inline>.—</heading>
<paragraph id="HEDE7D47C7DFE445BA50389A1A9A0A989" class="indent1"><num value="1">“(1) </num><heading><inline class="smallCaps">OMB report</inline>.—</heading><content>OMB shall prepare a report comparing projected total spending under section 257 and the total spending limits in subsection (c), and include such report in the budget as submitted by the President annually under <ref href="/us/usc/t31/s1105/a">section 1105(a) of title 31, United States Code</ref>.</content></paragraph>
<paragraph id="H0733863074A04A15A363A4E3213EDFA9" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">CBO report</inline>.—</heading><content>CBO shall prepare a report comparing projected total spending under section 257 and the total spending limits in subsection (c), and include such report in the CBO annual baseline and reestimate of the Presidents budget.</content></paragraph>
<paragraph id="HF1886E53E9724A8FAB54A0B2EF7CA55D" class="indent1"><num value="3">“(3) </num><heading><inline class="smallCaps">Inclusion in spending reduction orders</inline>.—</heading><content>Reports prepared pursuant to this subsection shall be included in a spending reduction order issued under subsection (b).</content></paragraph></subsection>
<subsection id="H3AD734C49FF645F7829391C1442FE1B1" class="indent0"><num value="b">“(b) </num><heading><inline class="smallCaps">Spending Reduction Order</inline>.—</heading>
<paragraph id="id997440C346FC4E2BBF759C896A0C9445" class="indent1"><num value="1">“(1) </num><heading><inline class="smallCaps">In general</inline>.—</heading><content>Within 15 calendar days after Congress adjourns to end a session, there shall be a spending reduction order under section 254(f)(4).</content></paragraph>
<paragraph id="H9752BFD5DCB5429CB49F739F0FB3F0AF" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">Calculation of spending reduction</inline>.—</heading><content>Subject to paragraph (3), each non-exempt budget account shall be reduced by a dollar amount calculated by multiplying the enacted level of sequestrable budgetary resources in that account at that time by the uniform percentage necessary to achieve the required automatic spending reduction.</content></paragraph>
<paragraph id="HF56075661AE0426C9C532D955639C234" class="indent1"><num value="3">“(3) </num><heading><inline class="smallCaps">Limitation on reduction</inline>.—</heading><content>No budget account shall be subject to a spending reduction of more than 5 percent of the budgetary resources of the budget account.</content></paragraph></subsection>
<subsection id="H6DBED4F139454178ACED25829DC8ACDE" class="indent0"><num value="c">“(c) </num><heading><inline class="smallCaps">Fiscal Years of the Total Spending Period</inline>.—</heading><chapeau>The total spending limit for each fiscal year shall be as follows:</chapeau>
<paragraph id="HA2B7297A10DD4388BB5D56EBDD1AC5D9" class="indent1"><num value="1">“(1) </num><content>Fiscal year 2022: 18.9 percent of potential GDP.</content></paragraph>
<paragraph id="HE5C9B289437D4DE9A096CD4B7B3185F8" class="indent1"><num value="2">“(2) </num><content>Fiscal year 2023: 18.6 percent of potential GDP.</content></paragraph>
<paragraph id="H7443B5F6164340A1824298ACDF911726" class="indent1"><num value="3">“(3) </num><content>Fiscal year 2024: 18.2 percent of potential GDP.</content></paragraph>
<paragraph id="H1BE8EBD86C384CD099202B92156F83CC" class="indent1"><num value="4">“(4) </num><content>Fiscal year 2025: 18.4 percent of potential GDP.</content></paragraph>
<paragraph id="HFFD7AFE8B22A4CE78226BDB5EA1ABB7F" class="indent1"><num value="5">“(5) </num><content>Fiscal year 2026: 18.4 percent of potential GDP.</content></paragraph>
<paragraph id="H96FBFA36117C44698D16FA02F2ED1710" class="indent1"><num value="6">“(6) </num><content>Fiscal year 2027: 18.2 percent of potential GDP.</content></paragraph>
<paragraph id="H2E7CD526C0C14B5CBE83A679014B68DD" class="indent1"><num value="7">“(7) </num><content>Fiscal year 2028: 18.6 percent of potential GDP.</content></paragraph>
<paragraph id="HF28082044DF94E838C2B1AC310C93DA6" class="indent1"><num value="8">“(8) </num><content>Fiscal year 2029: 17.9 percent of potential GDP.</content></paragraph>
<paragraph id="HD17E2D92AD3D49208D7B1E7EEB5E8F1C" class="indent1"><num value="9">“(9) </num><content>Fiscal year 2030: 17.7 percent of potential GDP.</content></paragraph>
<paragraph id="HC2D9D16DAD6948A4962D076F6F149E2D" class="indent1"><num value="10">“(10) </num><content>Fiscal year 2031 and subsequent fiscal years: 17.5 percent of potential GDP.</content></paragraph></subsection>
<subsection id="HE12D21FFF99243EE9DAE9864D5247726" class="indent0"><num value="d">“(d) </num><heading><inline class="smallCaps">Reduction for Unfunded Federal Mandates</inline>.—</heading><content>The amount determined under subsection (c) with respect to each fiscal year shall be reduced by an amount equal to the amount of the unfunded direct costs with respect to such fiscal year of Federal mandates (as such terms are defined in section 421 of the Congressional Budget Act of 1974 (<ref href="/us/usc/t2/s658">2 U.S.C. 658</ref>)) enacted after the date of the enactment of the Maximizing Americas Prosperity Act of 2019. Such amount shall not be treated as being less than zero with respect to any fiscal year.”</content></subsection></section></quotedContent><inline role="after-quoted-block">.</inline></content></subsection>
<subsection role="instruction" identifier="/us/bill/116/s//s2/b" id="HC3475E1BCB8649589196B74D7E8B5F9A" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Definitions</inline>.—</heading><content>Section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<ref href="/us/usc/t2/s900/c">2 U.S.C. 900(c)</ref>) <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="add">adding</amendingAction> at the end the following:
<quotedContent id="id0E89EED9B0834D9E88CF2C8765230B79" styleType="OLC">
<paragraph id="id73CF98F5D8B243B891B730BB5898F2A8" class="indent1"><num value="22">“(22)</num><subparagraph role="definitions" id="id4A9EF2D02E34418593C31B0CA25C7F98" class="inline"><num value="A">(A) </num><content>The term <term>total spending</term> means all budget authority and outlays of the Government excluding net interest.</content></subparagraph>
<subparagraph role="definitions" id="id1D79370091AB492485FDA9AD001CC4E5" class="indent1"><num value="B">“(B) </num><content>The term <term>total spending limit</term> means the maximum permissible total spending of the Government set forth as a percentage of estimated potential GDP specified in section 251(c).</content></subparagraph></paragraph>
<paragraph role="definitions" id="id82937E477BCC4726B8705BDFA286D33F" class="indent1"><num value="23">“(23) </num><content>The term <term>potential GDP</term> means the gross domestic product that would occur if the economy were at full employment, not exceeding the employment level at which inflation would accelerate.”</content></paragraph></quotedContent><inline role="after-quoted-block">.</inline></content></subsection>
<subsection role="instruction" identifier="/us/bill/116/s//s2/c" id="H248736268B3B4E96A926FA47297B55B2" class="indent0"><num value="c">(c) </num><heading><inline class="smallCaps">Conforming Amendments</inline>.—</heading><chapeau>Part C of the Balanced Budget and Emergency Deficit Control Act of 1985 (<ref href="/us/usc/t2/s900/etseq">2 U.S.C. 900 et seq.</ref>) <amendingAction type="amend">is amended</amendingAction></chapeau>
<paragraph identifier="/us/bill/116/s//s2/c/1" id="idCB5F491E7D724D869DF64988D2A90F47" class="indent1"><num value="1">(1) </num><chapeau>in section 254 (<ref href="/us/usc/t2/s904">2 U.S.C. 904</ref>)—</chapeau>
<subparagraph identifier="/us/bill/116/s//s2/c/1/A" id="id77E6F5E5961E4E0E86302D89B5F79B76" class="indent2"><num value="A">(A) </num><content>in subsection (a), in the table, by <amendingAction type="insert">inserting</amendingAction><quotedText>and spending reduction</quotedText>” after “<quotedText>sequestration</quotedText>” each place it appears;</content></subparagraph>
<subparagraph identifier="/us/bill/116/s//s2/c/1/B" id="id47C68E6BC778415FA99AF4CBE7824424" class="indent2"><num value="B">(B) </num><chapeau>in subsection (c)—</chapeau>
<clause identifier="/us/bill/116/s//s2/c/1/B/i" id="idC61D7788B6694B318736B9CACC70A6B4" class="indent3"><num value="i">(i) </num><content>in the subsection heading, by <amendingAction type="insert">inserting</amendingAction><headingText role="subsection" styleType="traditional" class="smallCaps">and Spending Reduction</headingText>” after “<headingText role="subsection" styleType="traditional" class="smallCaps">Sequestration</headingText>”;</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/B/ii" id="idC7FE218D91E34838994C100146D3F4A3" class="indent3"><num value="ii">(ii) </num><content>in paragraph (1), by <amendingAction type="delete">striking</amendingAction><quotedText>discretionary, pay-as-you-go, and deficit sequestration</quotedText>” and <amendingAction type="insert">inserting</amendingAction><quotedText>pay-as-you-go and deficit sequestration and regarding spending reduction</quotedText>”;</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/B/iii" id="idD423F14335E9460AA844EE50074F8527" class="indent3"><num value="iii">(iii) </num><content>by <amendingAction type="delete">striking</amendingAction> paragraph (2) and <amendingAction type="insert">inserting</amendingAction> the following:
<quotedContent id="id6CF45F40CD3D474EB600A8F17383EC73" styleType="OLC">
<paragraph id="idC7692E168549419E91AD391E35C06745" class="indent1"><num value="2">“(2) </num><heading><inline class="smallCaps">Spending reduction report</inline>.—</heading><chapeau>The preview reports shall set forth for the budget year estimates for each of the following:</chapeau>
<subparagraph id="idCB33B0E69B37464D8EA57AADA18D1E24" class="indent2"><num value="A">“(A) </num><content>Estimated total spending.</content></subparagraph>
<subparagraph id="id1F4B43876F7C4E559ECE0114CF2F7098" class="indent2"><num value="B">“(B) </num><content>Estimate of potential GDP.</content></subparagraph>
<subparagraph id="id2B0A57A20A734BF1947A06BC50D6DAB7" class="indent2"><num value="C">“(C) </num><content>The spending reduction necessary to comply with the total spending limit under section 251(c).”</content></subparagraph></paragraph></quotedContent><inline role="after-quoted-block">; </inline></content></clause></subparagraph>
<subparagraph identifier="/us/bill/116/s//s2/c/1/C" id="id74D94E3A0B8F4EACB07082C9D46DA3D6" class="indent2"><num value="C">(C) </num><chapeau>in subsection (e)—</chapeau>
<clause identifier="/us/bill/116/s//s2/c/1/C/i" id="idC614CDD96017471DB0034BAC3EEC7B9C" class="indent3"><num value="i">(i) </num><content>in the subsection heading, by <amendingAction type="insert">inserting</amendingAction><headingText role="subsection" styleType="OLC" class="smallCaps">and Spending Reduction</headingText>” after “<headingText role="subsection" styleType="OLC" class="smallCaps">Sequestration</headingText>”; and</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/C/ii" id="idE3BEBA86621B403DA7D13653A71B39CD" class="indent3"><num value="ii">(ii) </num><content>by <amendingAction type="insert">inserting</amendingAction><quotedText>and spending reduction</quotedText>” after “<quotedText>sequestration</quotedText>” each place it appears; and</content></clause></subparagraph>
<subparagraph identifier="/us/bill/116/s//s2/c/1/D" id="idF942BAB9862B4350888E326CCD4CCAF8" class="indent2"><num value="D">(D) </num><chapeau>in subsection (f)—</chapeau>
<clause identifier="/us/bill/116/s//s2/c/1/D/i" id="id0285221E984D432087BB2C6273331D03" class="indent3"><num value="i">(i) </num><content>in the subsection heading, by <amendingAction type="insert">inserting</amendingAction><headingText role="subsection" styleType="OLC" class="smallCaps">and Spending Reduction</headingText>” after “<headingText role="subsection" styleType="OLC" class="smallCaps">Sequestration</headingText>”;</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/D/ii" id="id93B026CB3F4C4875B9C8FE39B9C0E7AD" class="indent3"><num value="ii">(ii) </num><content>in paragraph (1), by <amendingAction type="insert">inserting</amendingAction><quotedText>and spending reduction</quotedText>” after “<quotedText>sequestration</quotedText>”;</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/D/iii" id="idC44AA5ED6A2A4B6CA23880B8D09B7158" class="indent3"><num value="iii">(iii) </num><content>by <amendingAction type="delete">striking</amendingAction> paragraph (2);</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/D/iv" id="id7C856C8368A04B43A99B9449C2770D46" class="indent3"><num value="iv">(iv) </num><content>by <amendingAction type="redesignate">redesignating</amendingAction> paragraphs (3), (4), and (5) as paragraphs (2), (3), and (4), respectively; and</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/D/v" id="id57EACDB6B4A248629407A305BDC0CD6D" class="indent3"><num value="v">(v) </num><chapeau>in paragraph (2), as so redesignated—</chapeau>
<subclause identifier="/us/bill/116/s//s2/c/1/D/v/I" id="id5E6B0A1B0B7746DBB763054C1398BB30" class="indent4"><num value="I">(I) </num><content>in the heading, by <amendingAction type="insert">inserting</amendingAction><headingText role="paragraph" styleType="OLC" class="smallCaps">and spending reduction </headingText>” before “<headingText role="paragraph" styleType="OLC" class="smallCaps"> reports</headingText>”;</content></subclause>
<subclause identifier="/us/bill/116/s//s2/c/1/D/v/II" id="id480D83463A51452ABE1880C758A29771" class="indent4"><num value="II">(II) </num><content>in the first sentence, by <amendingAction type="insert">inserting</amendingAction><quotedText>spending reduction report</quotedText>” after “<quotedText>preview reports</quotedText>”; and</content></subclause>
<subclause identifier="/us/bill/116/s//s2/c/1/D/v/III" id="id304F43DD44DB415595A73D7E7FEC3F7F" class="indent4"><num value="III">(III) </num><content>by <amendingAction type="delete">striking</amendingAction> the second sentence and <amendingAction type="insert">inserting</amendingAction> the following: “<quotedText>In addition, these reports shall contain, for the budget year, for each account to be sequestered or subject to a spending reduction, as the case may be, estimates of the baseline level of sequestrable or reducible budgetary resources and resulting outlays and the amount of budgetary resources to be sequestered or reduced and resulting outlay reductions.</quotedText>”;</content></subclause></clause>
<clause identifier="/us/bill/116/s//s2/c/1/D/vi" id="idB044887E9EA14D649CA0CD5A5A4DB08B" class="indent3"><num value="vi">(vi) </num><content>in paragraph (3), as so redesignated, by <amendingAction type="delete">striking</amendingAction><quotedText>sequesterable</quotedText>” and <amendingAction type="insert">inserting</amendingAction><quotedText>sequestrable or reducible</quotedText>”; and</content></clause>
<clause identifier="/us/bill/116/s//s2/c/1/D/vii" id="id456C7579E7744C28979F248EF68DC243" class="indent3"><num value="vii">(vii) </num><chapeau>in paragraph (4), as so redesignated—</chapeau>
<subclause identifier="/us/bill/116/s//s2/c/1/D/vii/I" id="id31FDC3AE54B94322949BDFEF9F5FB065" class="indent4"><num value="I">(I) </num><content>by <amendingAction type="insert">inserting</amendingAction><quotedText>or spending reduction</quotedText>” after “<quotedText>final sequestration</quotedText>”;</content></subclause>
<subclause identifier="/us/bill/116/s//s2/c/1/D/vii/II" id="id0375B533092942719A4AC8CB48A7AC8B" class="indent4"><num value="II">(II) </num><content>by <amendingAction type="insert">inserting</amendingAction><quotedText>or spending reduction</quotedText>” before “<quotedText>is required</quotedText>”; and</content></subclause>
<subclause identifier="/us/bill/116/s//s2/c/1/D/vii/III" id="id45EA8DB3F3E846759C4AC46534917541" class="indent4"><num value="III">(III) </num><content>by <amendingAction type="insert">inserting</amendingAction><quotedText>or spending reductions, as the case may be,</quotedText>” after “<quotedText>sequestrations</quotedText>”;</content></subclause></clause></subparagraph></paragraph>
<paragraph identifier="/us/bill/116/s//s2/c/2" id="id67849C8CC6544B8D8B316E2085DE55EF" class="indent1"><num value="2">(2) </num><content>in section 257(a) (<ref href="/us/usc/t2/s907/a">2 U.S.C. 907(a)</ref>), by <amendingAction type="insert">inserting</amendingAction><quotedText>total spending,</quotedText>” after “<quotedText>outlays,</quotedText>”; and</content></paragraph>
<paragraph identifier="/us/bill/116/s//s2/c/3" id="idBA33222B2358477E96A4F034C9A9EDA4" class="indent1"><num value="3">(3) </num><chapeau>in section 258C(a)(1) (<ref href="/us/usc/t2/s907d/a/1">2 U.S.C. 907d(a)(1)</ref>)—</chapeau>
<subparagraph identifier="/us/bill/116/s//s2/c/3/A" id="idCD9C7C9B530C4B52884AE7D373FD46DB" class="indent2"><num value="A">(A) </num><content>by <amendingAction type="insert">inserting</amendingAction><quotedText>or spending reduction</quotedText>” after “<quotedText>sequestration</quotedText>” each place the term appears; and</content></subparagraph>
<subparagraph identifier="/us/bill/116/s//s2/c/3/B" id="idEEB0CF63DA874BF08F4E0E35861DC4CA" class="indent2"><num value="B">(B) </num><content>by <amendingAction type="delete">striking</amendingAction><quotedText>252 or 253</quotedText>” and <amendingAction type="insert">inserting</amendingAction><quotedText>251, 252, or 253</quotedText>”.</content></subparagraph></paragraph></subsection>
<subsection role="instruction" identifier="/us/bill/116/s//s2/d" id="H6EC06D773FD343C8ADF15A11280E3A7A" class="indent0"><num value="d">(d) </num><heading><inline class="smallCaps">Table of Contents</inline>.—</heading><content>The table of contents in section 250(a) of the Balanced Budget and Emergency Deficit Control Act of 1985 (<ref href="/us/usc/t2/s900/a">2 U.S.C. 900(a)</ref>) <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="delete">striking</amendingAction> the item relating to section 251 and <amendingAction type="insert">inserting</amendingAction> the following:
<quotedContent id="id98179BE9BEC54CC988E30CE1934AF2F2" styleType="OLC">
<toc>
<referenceItem idref="H46FDD0908B4D4089A71E512FFEC964E4" role="section">
<designator>“Sec.251.</designator>
<label>Total spending limits.”</label>
</referenceItem></toc></quotedContent><inline role="after-quoted-block">.</inline></content></subsection></section>
<section identifier="/us/bill/116/s//s3" id="HDF9085E873F5444491CFF3921504684C"><num value="3">SEC. 3. </num><heading>ALLOCATION FOR EMERGENCIES.</heading>
<subsection role="instruction" identifier="/us/bill/116/s//s3/a" id="H2B1B5375108947F7B79935EBA00CF822" class="indent0"><num value="a">(a) </num><heading><inline class="smallCaps">In General</inline>.—</heading><content>Section 302(a) of the Congressional Budget Act of 1974 (<ref href="/us/usc/t2/s633/a">2 U.S.C. 633(a)</ref>) <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="add">adding</amendingAction> at the end the following new paragraph:
<quotedContent id="H55270719DECD4AC28B33C72505281DFF" styleType="OLC">
<paragraph id="H3155491468FF471E88571AEA73808596" class="indent1"><num value="6">“(6) </num><heading><inline class="smallCaps">Allocation to the committees on appropriations for emergencies</inline>.—</heading><content>Of the amounts of new budget authority and outlays allocated to the Committees on Appropriations for the first fiscal year of the concurrent resolution on the budget, 1 percent shall be designated as for emergencies and may be used for no other purpose.”</content></paragraph></quotedContent><inline role="after-quoted-block">.</inline></content></subsection>
<subsection role="instruction" identifier="/us/bill/116/s//s3/b" id="HC086A9F8D630433F8ABFF5EFAFCCEE28" class="indent0"><num value="b">(b) </num><heading><inline class="smallCaps">Budget of the President</inline>.—</heading><content><ref href="/us/usc/t31/s1105/a/14">Section 1105(a)(14) of title 31, United States Code</ref>, <amendingAction type="amend">is amended</amendingAction> by <amendingAction type="insert">inserting</amendingAction><quotedText>, including an amount for emergency spending not less than 1 percent of all discretionary spending for that year</quotedText>” before the period.</content></subsection></section></main></bill>