S.Amdt. 1992Senate112th Congress (2011-2013)

S.Amdt. 1992

What it does: Adds SEC. ___. SAVINGS OFFSET at the end of the bill
Submitted March 28, 2012

What it changes

1 change to S. 2204 · shown in the bill's text

Adds a section
  1. Adds SEC. ___. SAVINGS OFFSET at the end of the bill

    Adds a section

    In S. 2204 · Placed on Calendar Senate

    The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled "Budgetary Effects of PAYGO Legislation" for this Act, submitted for printing in the Congressional Record by the Chairman of the Senate Budget Committee, provided that such statement has been submitted prior to the vote on passage.

    Inserted: SEC. ___. SAVINGS OFFSET.

    Inserted: OMB shall reduce the total amount of deficit reduction required by section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 for fiscal year 2013 by an amount equal to the increase in revenues for fiscal year 2013 resulting from the enactment of this Act.

    Original wording

    At the end, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

SA 1992. Mr. LIEBERMAN submitted an amendment intended to be proposed by him to the bill S. 2204, to eliminate unnecessary tax subsidies and promote renewable energy and energy conservation; which was ordered to lie on the table; as follows:

At the end, insert the following:

SEC. ___. SAVINGS OFFSET.

OMB shall reduce the total amount of deficit reduction required by section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 for fiscal year 2013 by an amount equal to the increase in revenues for fiscal year 2013 resulting from the enactment of this Act.

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Floor Latest Action

Senate amendment submitted

March 28, 2012