S.Amdt. 426
What it does: Adds SEC. 22. RESCISSION OF UNOBLIGATED DISCRETIONARY APPROPRIATIONS on page 29, line 20
Sen. Marco Rubio (R-FL)What it changes
1 change to S. 782
Adds SEC. 22. RESCISSION OF UNOBLIGATED DISCRETIONARY APPROPRIATIONS on page 29, line 20
Adds a sectionPrinted pageInserted: SEC. 22. RESCISSION OF UNOBLIGATED DISCRETIONARY APPROPRIATIONS.
Inserted: (a) In General.--Of the unobligated balances of discretionary appropriations on the date of enactment of this Act, $3,000,000,000 is rescinded.
Inserted: (b) Implementation.--
Inserted: (1) In general.--The Director of the Office of Management and Budget shall determine which appropriation accounts the rescission under subsection (a) shall apply to and the amount that each such account shall be reduced by pursuant to such rescission.
Inserted: (2) Report.--Not later than 60 days after the date of the enactment of this Act, the Director of the Office of Management and Budget shall submit a report to the Secretary of the Treasury and Congress listing the accounts reduced by the rescission in subsection (a) and the amounts rescinded from each such account.
Inserted: (c) Exceptions.--The rescission under subsection (a) shall not apply to the Department of Defense, the Department of Veterans Affairs, or the Social Security Administration.
Original wording
On page 29, after line 20, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 426. Mr. RUBIO submitted an amendment intended to be proposed by him to the bill S. 782, to amend the Public Works and Economic Development Act of 1965 to reauthorize that Act, and for other purposes; which was ordered to lie on the table; as follows:
On page 29, after line 20, add the following:
SEC. 22. RESCISSION OF UNOBLIGATED DISCRETIONARY APPROPRIATIONS.
(a) In General.--Of the unobligated balances of discretionary appropriations on the date of enactment of this Act, $3,000,000,000 is rescinded.
(b) Implementation.--
(1) In general.--The Director of the Office of Management and Budget shall determine which appropriation accounts the rescission under subsection (a) shall apply to and the amount that each such account shall be reduced by pursuant to such rescission.
(2) Report.--Not later than 60 days after the date of the enactment of this Act, the Director of the Office of Management and Budget shall submit a report to the Secretary of the Treasury and Congress listing the accounts reduced by the rescission in subsection (a) and the amounts rescinded from each such account.
(c) Exceptions.--The rescission under subsection (a) shall not apply to the Department of Defense, the Department of Veterans Affairs, or the Social Security Administration.
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Senate amendment submitted
June 8, 2011