S.Amdt. 3354Senate117th Congress (2021-2023)
S.Amdt. 3354
Sponsored by
Sen. Mike Braun (R-IN)
Submitted August 10, 2021
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Senate amendment submitted
August 10, 2021
Text
Submitted
SA 3354. Mr. BRAUN submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 14, setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031; which was ordered to lie on the table; as follows: At the appropriate place in title IV, add the following: SEC. ____. RESCIND UNSPENT OR UNOBLIGATED BALANCES AFTER 36 MONTHS. (a) Application.--Any adjustments of allocations and aggregates made pursuant to this resolution shall require that any unobligated or unspent allocations be rescinded after 36 months. (b) Effect of Changed Allocations and Aggregates.--Revised allocations and aggregates resulting from these adjustments resulting from the required rescissions shall be considered for the purposes of the Congressional Budget Act of 1974 as allocations and aggregates contained in this resolution. (c) Budget Committee Determinations.--For purposes of this resolution, the levels of new budget authority, outlays, direct spending, new entitlement authority, revenues, deficits, and surpluses for a fiscal year or period of fiscal years shall be determined on the basis of estimates made by the Committee on the Budget of the Senate. ______