S.Amdt. 790

1. Adds SEC. __. POINT OF ORDER AGAINST LEGISLATION THAT WOULD ALLOCATE ANY SAVINGS ACHIEVED THROUGH SPENDING CUTS OR NEW REVENUE THAT ARE NOT INCLUDED IN THE CONCURRENT RESOLUTION ON THE BUDGET FOR ANY PURPOSE OTHER THAN DEFICIT REDUCTION OR INVESTMENT IN THE NATION'S INFRASTRUCTURE at the end of subtitle A of title IV

   Adds a section

   In S.Con.Res. 11 · Placed on Calendar Senate

   In the Senate, for purposes of determining budgetary impacts to evaluate points of order under the Congressional Budget Act of 1974, this resolution, any previous budget resolution, and any subsequent budget resolution, provisions contained in any bill, resolution, amendment, motion, or conference report that increases or extends the increase of, any guarantee fees of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation shall not be scored with respect to the level of budget authority, outlays, or revenues contained in such legislation.

   Inserted: SEC. __. POINT OF ORDER AGAINST LEGISLATION THAT WOULD ALLOCATE ANY SAVINGS ACHIEVED THROUGH SPENDING CUTS OR NEW REVENUE THAT ARE NOT INCLUDED IN THE CONCURRENT RESOLUTION ON THE BUDGET FOR ANY PURPOSE OTHER THAN DEFICIT REDUCTION OR INVESTMENT IN THE NATION'S INFRASTRUCTURE.

   Inserted: (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would allocate any savings achieve through spending cuts or new revenue that are not included in this resolution for any purpose other than deficit reduction or investment in the Nation's infrastructure.

   Inserted: (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a).

   Original wording

   At the end of subtitle A of title IV, add the following:

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

As printed