,i #aac? ,,congress #a/ ,session ,h4 ,r4 #abgj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #ai1 #bjac ,mrs4 ,roby 7= h]self1 ,mrs4 ,ellm]s1 ,mr4 ,gibbs1 ,mr4 ,g>dn]1 ,mr4 ,brooks ( ,alabama1 ,mr4 ,k9z+] ( ,ill9ois1 & ,mr4 ,griff9 ( ,arkansas7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,budget1 & 9 addition to ! ,committees on ,rules & ,ov]sight & ,gov]nm5t ,re=m1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to provide = great] transp>5cy & hone/y 9 ! ,f$]al budget process4 #a4 ,%ort title & table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,hone/ ,budget ,act ( #bjac4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title & table ( cont5ts4 ,sec4 #b4 ,no budget--no appropriations4 ,sec4 #c4 ,no phony em]g5cy or disa/] designations4 ,sec4 #d4 ,/r5g!n ! ,f$]al ,cr$it ,re=m ,act ( #aiij4 ,sec4 #e4 ,no *anges 9 m&atory programs 9 appropriation bills4 ,sec4 #f4 ,don't c\nt rescissions t don't save money4 ,sec4 #g4 ,susp5sion ( /ep increases = ,f$]al employees dur+ a pay-adju/m5t susp5sion p]iod4 ,sec4 #h4 ,po9t ( ord] aga9/ advance appropriations4 ,sec4 #i4 ,prohibit tim+ %ifts4 ,sec4 #aj4 ,budget scor+ rule relat+ to transf]s f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund t increase public indebt$ness4 ,sec4 #aa4 ,requirem5t 9 budget submission ) respect to ! co/ p] taxpay] ( ! deficit4 #b4 ,no budget--no appropriations ,section #ijd ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fba note7 is am5d$-- 7#a7 9 subsection 7c77#a71 by ins]t+ aft] ,sections ! foll[+3 #cjc7;c712 & 7#b7 9 subsection 7d77#b71 by ins]t+ aft] sections ! foll[+3 #cjc7;c714 #c4 ,no phony em]g5cy or disa/] designations 7a7 ,em]g5cy requirem5t 9 a bill1 jo9t resolution1 or conf]5ce report 7#a7 ,9 g5]al ,x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives or ! ,s5ate to consid] any bill1 jo9t resolution1 or conf]5ce report t-- 7,a7 designates z an em]g5cy requirem5t1 pursuant to section #djc ( ,s4 ,con4 ,res4 #ac 7#aaj? ,congress1 ! ,,fy #bjaj ,budget ,resolution71 clause #aj7;c7 ( rule ,,xxi ( ! ,rules ( ! ,h\se ( ,repres5tatives1 section #d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj1 or section #bea7;b77#b77;,a77i7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe any provision t creates discretion>y or direct sp5d+ or decreases rev5ues2 or 7,b7 designates z be+ = disa/] relief pursuant to section #bea7;b77#b77;,d7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe4 7#b7 ,waiv] ,an affirmative vote ( ?ree-fif?s ( ! ,memb]s1 duly *os5 & sworn1 %all be requir$ to su/a9 an appeal ( ! rul+ ( ! ,*air on a po9t ( ord] aga9/ su* a measure rais$ "u ?is subsection4 7#c7 ,exception ,= purposes ( ?is subsection1 a conf]5ce report may include an em]g5cy designation only if x 0 also adopt$ 9 ! ,h\se ( ,repres5tatives or ,s5ate v]sion ( ! measure subject to ! conf]5ce report4 7b7 ,em]g5cy requirem5t 9 an am5dm5t 7#a7 ,9 g5]al ,x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives or ! ,s5ate to consid] any bill1 jo9t resolution1 or conf]5ce report t-- 7,a7 designates z an em]g5cy requirem5t1 pursuant to section #djc ( ,s4 ,con4 ,res4 #ac 7#aaj? ,congress1 ! ,,fy #bjaj ,budget ,resolution71 clause #aj7;c7 ( rule ,,xxi ( ! ,rules ( ! ,h\se ( ,repres5tatives1 section #d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj1 or section #bea7;b77#b77;,a77i7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe any provision t creates discretion>y or direct sp5d+ or decreases rev5ues2 or 7,b7 designates z be+ = disa/] relief pursuant to section #bea7;b77#b77;,d7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe4 7#b7 ,waiv] & appeal ,a po9t ( ord] aga9/ an am5dm5t "u ?is subsection may be waiv$ or susp5d$ only by an affirmative vote ( ?ree-fif?s ( ! ,memb]s1 duly *os5 & sworn4 ,9 ! ,s5ate1 an affirmative vote ( ?ree-fif?s ( ! ,memb]s1 duly *os5 & sworn1 %all be requir$ to su/a9 an appeal ( ! rul+ ( ! ,*air on a po9t ( ord] aga9/ su* an am5dm5t rais$ "u ?is subsection4 7c7 ,rules or ord]s 9 ! ,h\se ( ,repres5tatives ,9 ! ,h\se ( ,repres5tatives1 x %all n be 9 ord] to consid] a rule or ord] t waives ! application ( subsection 7a7 or 7b74 ,z disposition ( a po9t ( ord] "u ?is subsection1 ! ,*air %all put ! "q ( consid]ation ) respect to ! rule or ord]4 ,! "q ( consid]ation %all be debatable = #aj m9utes by ! ,memb] initiat+ ! po9t ( ord] & = #aj m9utes by an oppon5t1 b %all o!rwise be decid$ )\t int]v5+ motion except "o t ! ,h\se adj\rn4 7d7 ,*anges to ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj ,section #d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj is am5d$ by /rik+ p>agraph 7#c7 & ins]t+ ! foll[+3 7#c7 ,designation 9 ! ,h\se ( ,repres5tatives or ! ,s5ate ,a provision or provisions designat$ z an em]g5cy requirem5t pursuant to ?is section are subject to section #c ( ! ,hone/ ,budget ,act ( #bjac4 4 #d4 ,/r5g!n ! ,f$]al ,cr$it ,re=m ,act ( #aiij ,title ,v ( ! ,congressional ,budget ,act ( #aiij is am5d$ to read z foll[s3 ,v ,cr$it re=m #ejj4 ,%ort title ,?is title may be cit$ z ! ,f$]al ,cr$it ,re=m ,act ( #aiij4 #eja4 ,purposes ,! purposes ( ?is title are to-- 7#a7 measure m accurately ! co/s ( ,f$]al cr$it programs & f9ancial inve/m5ts by acc\nt+ = !m on a fair value basis2 7#b7 place ! co/ ( cr$it programs & f9ancial inve/m5ts on a budget>y basis equival5t to o!r ,f$]al sp5d+2 7#c7 enc\rage ! deliv]y ( b5efits 9 ! =m mo/ appropriate to ! ne$s ( b5efici>ies2 & 7#d7 improve ! allocation ( res\rces among ,f$]al programs4 #ejb4 ,def9itions ,= purposes ( ?is title3 7#a7 ,! t]m direct loan means a disbursem5t ( funds by ! ,gov]nm5t to a non-,f$]al borr[] "u a contract t requires ! repaym5t ( su* funds ) or )\t int]e/4 ,! t]m includes ! pur*ase (1 or p>ticipation 91 a loan made by ano!r l5d] & f9anc+ arrangem5ts t def] paym5t = m ?an #ij days1 includ+ ! sale ( a ,gov]nm5t asset on cr$it t]ms4 ,! t]m does n include ! acquisition ( a f$]ally gu>ante$ loan 9 satisfaction ( default claims or ! price support loans ( ! ,commodity ,cr$it ,corporation4 7#b7 ,! t]m direct loan obligation means a b9d+ agreem5t by a ,f$]al ag5cy to make a direct loan :5 specifi$ conditions are fulfill$ by ! borr[]4 7#c7 ,! t]m loan gu>antee means any gu>antee1 insurance1 or o!r pl$ge ) respect to ! paym5t ( all or a "p ( ! pr9cipal or int]e/ on any debt obligation ( a non-,f$]al borr[] to a non-,f$]al l5d]1 b does n include ! insurance ( deposits1 %>es1 or o!r )drawable acc\nts 9 f9ancial in/itutions4 7#d7 ,! t]m loan gu>antee commitm5t means a b9d+ agreem5t by a ,f$]al ag5cy to make a loan gu>antee :5 specifi$ conditions are fulfill$ by ! borr[]1 ! l5d]1 or any o!r p>ty to ! gu>antee agreem5t4 7#e7 7,a7 ,! t]m f9ancial inve/m5t means an inve/m5t by ! ,gov]nm5t 9 any securities 7debt or equity71 /ocks1 bonds1 or futures1 options1 swaps1 or o!r d]ivatives1 issu$ by a non-,f$]al entity1 includ+ ,/ate1 local tribal1 & =eign gov]nm5ts1 & private organizations1 reg>dless ( :e!r ! issuances are f$]ally gu>ante$1 or issu$ by a ,f$]al entity if ! issuance consi/s ( m>ketable securities4 7,b7 ,! t]m includes ,gov]nm5t inve/m5ts 9 money m>ket & mutual funds1 ev5 if ! money m>ket or mutual fund's assets consi/ entirely ( ,f$]al securities4 7#f7 ,! t]m f9ancial inve/m5t commitm5t means a b9d+ agreem5t by a ,f$]al ag5cy to acquire a f9ancial inve/m5t :5 specifi$ conditions are fulfill$ by o!r p>ty to ! inve/m5t agreem5t4 7#g7 7,a7 ,! t]m co/ means ! sum ( ! ,treasury disc\nt+ compon5t & ! risk compon5t ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t or a modification !re(4 7,b7 ,! ,treasury disc\nt+ compon5t %all be ! e/imat$ long-t]m co/ to ! ,gov]nm5t ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t or modification !re(1 calculat$ on a net pres5t value basis1 exclud+ adm9i/rative co/s & any incid5tal effects on gov]nm5tal receipts or outlays4 7,c7 ,! risk compon5t %all be an am\nt equal to ! diff]5ce betwe5-- 7i7 ! e/imat$ long-t]m co/ to ! ,gov]nm5t ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t or modification !re(1 e/imat$ on a fair value basis1 apply+ ! guidel9es set =? by ! ,f9ancial ,acc\nt+ ,/&>ds ,bo>d 9 ,f9ancial ,acc\nt+ ,/&>ds #aeg1 or a successor !reto1 exclud+ adm9i/rative co/s & any incid5tal effects on gov]nm5tal receipts or outlays2 & 7ii7 ! ,treasury disc\nt+ compon5t ( su* direct loan1 loan gu>antee1 or f9ancial inve/m5t or modification !re(4 7,d7 ,! ,treasury disc\nt+ compon5t ( a direct loan %all be ! net pres5t value1 at ! "t :5 ! direct loan is disburs$1 ( ! foll[+ e/imat$ ca% fl[s3 7i7 ,loan disbursem5ts4 7ii7 ,repaym5ts ( pr9cipal4 7iii7 ,ess5tial pres]vation exp5ses1 paym5ts ( int]e/ & o!r paym5ts by or to ! ,gov]nm5t ov] ! life ( ! loan aft] adju/+ = e/imat$ defaults1 prepaym5ts1 fees1 p5alties1 & o!r recov]ies1 includ+ ! effects ( *anges 9 loan t]ms result+ f ! ex]cise by ! borr[] ( an option includ$ 9 ! loan contract4 7,e7 ,! ,treasury disc\nt+ compon5t ( a loan gu>antee %all be ! net pres5t value1 at ! "t :5 ! direct loan is disburs$1 ( ! foll[+ e/imat$ ca% fl[s3 7i7 ,paym5ts by ! ,gov]nm5t to cov] defaults & del9qu5cies1 int]e/s subsidies1 ess5tial pres]vation exp5ses1 or o!r paym5ts4 7ii7 ,paym5ts to ! ,gov]nm5t includ+ orig9ation & o!r fees1 p5alties1 & recov]ies1 includ+ ! effects ( *anges 9 loan t]ms result+ f ! ex]cise by ! gu>ante$ l5d] ( an option includ$ 9 ! loan gu>antee contract1 or by ! borr[] ( an option includ$ 9 ! gu>ante$ loan contract4 7,f7 ,! ,treasury disc\nt+ compon5t ( a f9ancial inve/m5t %all be ! net pres5t value1 at ! "t ! f9ancial inve/m5t is execut$1 ( ! foll[+ e/imat$ ca% fl[s3 7i7 ,paym5ts by ! ,gov]nm5t includ+ ess5tial pres]vation exp5ses4 7ii7 ,paym5ts to ! ,gov]nm5t includ+ any divid5ds1 p]iodic paym5ts1 fees1 p5alties1 or recov]ies4 ,includ+ ! effects ( *anges 9 inve/m5t t]ms result+ f ! ex]cise by ! non-,f$]al entity ( an option includ$ 9 ! inve/m5t contract4 7,g7 ,! co/ ( a modification is ! sum (-- 7i7 ! diff]5ce betwe5 ! curr5t e/imate ( ! ,treasury disc\nt+ compon5t ( ! rema9+ ca% fl[s "u ! t]ms ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t contract1 & ! curr5t e/imate ( ! ,treasury disc\nt+ compon5t ( ! rema9+ ca% fl[s "u ! t]ms ( ! contract1 z modifi$2 & 7ii7 ! diff]5ce betwe5 ! curr5t e/imate ( ! risk compon5t ( ! rema9+ ca% fl[s "u ! t]ms ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t contract1 & ! curr5t e/imate ( ! risk compon5t ( ! rema9+ ca% fl[s "u ! t]ms ( ! contract z modifi$4 7,h7 ,9 e/imat+ ,treasury disc\nt+ compon5ts1 ! disc\nt rate %all be ! av]age int]e/ rate on m>ketable ,treasury securities ( simil> duration to ! ca% fl[s ( ! direct loan or loan gu>antee = :i* ! e/imate is be+ made4 7,i7 ,:5 funds are obligat$ = a direct loan or loan gu>antee1 ! e/imat$ co/ %all be bas$ on ! curr5t assumptions1 adju/$ to incorporate ! t]ms ( ! loan contract1 = ! fiscal ye> 9 :i* ! funds are obligat$4 7#h7 ,! t]m program acc\nt means ! budget acc\nt into :i* an appropriation to cov] ! co/ ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t program is made & f :i* su* co/ is disburs$ to ! f9anc+ acc\nt4 7#i7 ,! t]m f9anc+ acc\nt means ! nonbudget acc\nt or acc\nts associat$ ) ea* program acc\nt :i* holds balances1 receives ! co/ paym5t f ! program acc\nt1 & also includes all o!r ca% fl[s to & f ! ,gov]nm5t result+ f direct loan obligations or loan gu>antee commitm5ts made on or aft] ,octob] #a1 #aiia1 or f9ancial inve/m5t commitm5ts made on or aft] ,octob] #a1 #bjaf4 7#aj7 ,! t]m liquidat+ acc\nt means ! budget acc\nt t includes all ca% fl[s to & f ! ,gov]nm5t result+ f direct loan obligations or loan gu>antee commitm5ts made prior to ,octob] #a1 #aiia4 ,^! acc\nts %all be %[n 9 ! budget on a ca% basis4 7#aa7 ,! t]m modification means any ,gov]nm5t action t alt]s ! e/imat$ co/ ( an out/&+ direct loan 7or direct loan obligation71 an out/&+ loan gu>antee 7or loan gu>antee commitm5t71 or out/&+ f9ancial inve/m5t 7or f9ancial inve/m5t commitm5t7 f ! curr5t e/imate ( ca% fl[s4 ,?is includes ! sale ( loan assets1 ) or )\t rec\rse1 & ! pur*ase ( gu>ante$ loans 7or direct loan obligations71 loan gu>antees 7or loan gu>antee commitm5ts71 f9ancial inve/m5ts 7or f9ancial inve/m5t commitm5ts7 su* z a *ange 9 collection proc$ures4 7#ab7 ,! t]m curr5t has ! same mean+ z 9 section #bej7;c77#i7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe4 7#ac7 ,! t]m ,director means ! ,director ( ! ,(fice ( ,managem5t & ,budget4 7#ad7 ,! t]m adm9i/rative co/s means co/s relat$ to program managem5t activities1 b does n include ess5tial pres]vation exp5ses4 7#ae7 ,! t]m ess5tial pres]vation exp5ses means s]vic+ & o!r co/s t are ess5tial to pres]ve ! value ( loan assets or collat]al4 #ejc4 ,,omb & ,,cbo analysis1 coord9ation1 & review 7a7 ,9 g5]al ,= ! executive bran*1 ! ,director %all be responsible = coord9at+ ! e/imates requir$ by ?is title4 ,! ,director %all consult ) ! ag5cies t adm9i/] direct loan or loan gu>antee1 or f9ancial inve/m5t programs4 7b7 ,delegation ,! ,director may delegate to ag5cies au?ority to make e/imates ( co/s4 ,! delegation ( au?ority %all be bas$ ^u writt5 guidel9es1 regulations1 or crit]ia consi/5t ) ! def9itions 9 ?is title4 7c7 ,coord9ation ) ! ,congressional ,budget ,(fice ,9 develop+ e/imation guidel9es1 regulations1 or crit]ia to be us$ by ,f$]al ag5cies1 ! ,director %all consult ) ! ,director ( ! ,congressional ,budget ,(fice4 7d7 ,improv+ co/ e/imates ,! ,director & ! ,director ( ! ,congressional ,budget ,(fice %all coord9ate ! developm5t ( m accurate data on hi/orical p]=mance & prospective risk ( direct loan1 loan gu>antee1 & f9ancial inve/m5t programs4 ,!y %all annually review ! p]=mance ( out/&+ direct loans1 loan gu>antees1 & f9ancial inve/m5t to improve e/imates ( co/s4 ,! ,(fice ( ,managem5t & ,budget & ! ,congressional ,budget ,(fice %all h access to all ag5cy data t may facilitate ! developm5t & improvem5t ( e/imates ( co/s4 7e7 ,hi/orical cr$it programs co/s ,! ,director %all review1 to ! ext5t possible1 hi/orical data & develop ! be/ possible e/imates ( adju/m5ts t w\ld conv]t aggregate hi/orical budget data to cr$it re=m acc\nt+4 #ejd4 ,budget>y treatm5t 7a7 ,presid5t's budget ,beg9n+ ) fiscal ye> #aiib1 ! ,presid5t's budget %all reflect ! ,treasury disc\nt+ compon5t ( direct loan & loan gu>antee programs4 ,beg9n+ ) fiscal ye> #bjag1 ! ,presid5t's budget %all reflect ! co/s ( direct loan1 loan gu>antee1 & f9ancial inve/m5t programs4 ,! budget %all also include ! plann$ level ( new direct loan obligations1 loan gu>antee commitm5ts1 or f9ancial inve/m5t commitm5ts associat$ ) ea* appropriations reque/4 7b7 ,appropriations requir$ ,not)/&+ any o!r provision ( law1 new direct loan obligations may be incurr$ & new loan gu>antee commitm5ts may be made ( fiscal ye> #aiib & !reaft] & new f9ancial inve/m5t commitm5ts may be made = fiscal ye> #bjag & !reaft] only to ! ext5t t-- 7#a7 new budget au?ority to cov] _! co/s is provid$ 9 advance 9 an appropriations ,act2 7#b7 a limitation on ! use ( funds o!rwise available = ! co/ ( a direct loan1 loan gu>antee1 or f9ancial inve/m5t program has be5 provid$ 9 advance 9 an appropriations ,act2 or 7#c7 au?ority is o!rwise provid$ 9 appropriation ,acts4 7c7 ,exemption = m&atory programs ,subsections 7b7 & 7e7 %all n apply to a direct loan or loan gu>antee program t-- 7#a7 con/itutes an entitlem5t 7su* z ! gu>ante$ /ud5t loan program or ! vet]an's home loan gu>anty program72 or 7#b7 all exi/+ cr$it programs ( ! ,commodity ,cr$it ,corporation on ! date ( enactm5t ( ?is title4 7d7 ,budget acc\nt+ 7#a7 ,! au?ority to incur new direct loan obligations1 make new loan gu>antee commitm5ts1 make new f9ancial inve/m5t commitm5ts1 or modify out/&+ direct loans 7or direct loan obligations71 loan gu>antees 7or loan gu>antee commitm5ts71 f9ancial inve/m5ts 7or f9ancial inve/m5t commitm5ts7 %all con/itute new budget au?ority 9 an am\nt equal to ! co/ ( ! direct loan or loan gu>antee 9 ! fiscal ye> 9 :i* def9ite au?ority becomes available or indef9ite au?ority is us$4 ,su* budget au?ority %all con/itute an obligation ( ! program acc\nt to pay to ! f9anc+ acc\nt4 7#b7 ,! outlays result+ f new budget au?ority = ! co/ ( direct loans1 loan gu>antees1 or f9ancial inve/m5t describ$ 9 p>agraph 7#a7 %all be paid f ! program acc\nt into ! f9anc+ acc\nt & record$ 9 ! fiscal ye> 9 :i* ! direct loan1 ! gu>ante$ loan1 or f9ancial inve/m5t is disburs$ or its co/s alt]$4 7#c7 ,all collections & paym5ts ( ! f9anc+ acc\nts %all be a means ( f9anc+4 7e7 ,modifications ,an out/&+ direct loan 7or direct loan obligation71 loan gu>antee 7or loan gu>antee commitm5t71 or f9ancial inve/m5t 7or f9ancial inve/m5t commitm5t7 %all n be modifi$ 9 a mann] t increases its co/s unless budget au?ority = ! additional co/ has be5 provid$ 9 advance 9 an appropriations ,act4 7f7 ,re-,e/imates ,:5 ! e/imat$ co/ = a gr\p ( direct loans1 loan gu>antees1 or f9ancial inve/m5ts = a giv5 program made 9 a s+le fiscal ye> is re-e/imat$ 9 a subsequ5t ye>1 ! diff]5ce betwe5 ! re-e/imat$ co/ & ! previ\s co/ e/imate %all be display$ z a di/9ct & sep>ately id5tifi$ subacc\nt 9 ! program acc\nt z a *ange 9 program co/s & a *ange 9 net int]e/4 ,!re is h]eby provid$ p]man5t indef9ite au?ority = ^! re-e/imates4 7g7 ,adm9i/rative exp5ses ,all fund+ = an ag5cy's adm9i/rative co/s associat$ ) a direct loan1 loan gu>antee1 or f9ancial inve/m5t program %all be display$ z di/9ct & sep>ately id5tifi$ subacc\nts )9 ! same budget acc\nt z ! program's co/4 #eje4 ,au?orizations 7a7 ,au?orization ( appropriations = co/s ,!re are au?oriz$ to be appropriat$ to ea* ,f$]al ag5cy au?oriz$ to make direct loan obligations1 loan gu>antee commitm5ts1 or f9ancial inve/m5t commitm5ts su* sums z may be necess>y to pay ! co/ associat$ ) su* direct loan obligations1 loan gu>antee commitm5ts1 or f9ancial inve/m5t commitm5ts4 7b7 ,au?orization = f9anc+ acc\nts ,9 ord] to implem5t ! acc\nt+ requir$ by ?is title1 ! ,presid5t is au?oriz$ to e/abli% su* non-budget>y acc\nts z may be appropriate4 7c7 ,treasury transactions ) ! f9anc+ acc\nts 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all borr[ f1 receive f1 l5d to1 or pay to ! f9anc+ acc\nts su* am\nts z may be appropriate4 ,! ,secret>y ( ! ,treasury may prescribe =ms & d5om9ations1 maturities1 & t]ms & conditions = ! transactions describ$ 9 ! prec$+ s5t5ce1 except t ! rate ( int]e/ *>g$ by ! ,secret>y on l5d+ to f9anc+ acc\nts 7includ+ am\nts treat$ z l5d+ to f9anc+ acc\nts by ! ,f$]al ,f9anc+ ,bank 7h]e9aft] 9 ?is subsection ref]r$ to z ! ,bank7 pursuant to section #dje7;b77 & ! rate ( int]e/ paid to f9anc+ acc\nts on un9ve/$ balances 9 f9anc+ acc\nts %all be ! same z ! rate det]m9$ pursuant to section #ejb7g77;,h74 7#b7 ,loans ,= gu>ante$ loans f9anc$ by ! ,bank & treat$ z direct loans by a ,f$]al ag5cy pursuant to section #djf7;b77#a71 any fee or int]e/ sur*>ge 7! am\nt by :i* ! int]e/ rate *>g$ exce$s ! rate det]m9$ pursuant to section #ejb7g77;,h77 t ! ,bank *>ges to a private borr[] pursuant to section #f7;c7 ( ! ,f$]al ,f9anc+ ,bank ,act ( #aigc %all be consid]$ a ca% fl[ to ! ,gov]nm5t = ! purposes ( det]m9+ ! co/ ( ! direct loan pursuant to section #ejb7g74 ,all su* am\nts %all be cr$it$ to ! appropriate f9anc+ acc\nt4 7#c7 ,reimbursem5t ,! ,bank is au?oriz$ to require reimbursem5t f a ,f$]al ag5cy to cov] ! adm9i/rative exp5ses ( ! ,bank t are attributable to ! direct loans f9anc$ = t ag5cy4 ,all su* paym5ts by an ag5cy %all be consid]$ adm9i/rative exp5ses subject to section #ejd7;g74 ,?is subsection %all apply to transactions relat$ to direct loan obligations or loan gu>antee commitm5ts made on or aft] ,octob] #a1 #aiia4 7#d7 ,au?ority ,! au?orities provid$ 9 ?is subsection %all n be con/ru$ to sup]s$e or ov]ride ! au?ority ( ! head ( a ,f$]al ag5cy to adm9i/] & op]ate a direct loan or loan gu>antee program4 7#e7 ,title #ca ,all ( ! transactions provid$ 9 ! subsection %all be subject to ! provisions ( sub*apt] ,,ii ( *apt] #ae ( title #ca1 ,unit$ ,/ates ,code4 7#f7 ,treatm5t ( ca% balances ,ca% balances ( ! f9anc+ acc\nts 9 excess ( curr5t requirem5ts %all be ma9ta9$ 9 a =m ( un9ve/$ funds & ! ,secret>y ( ! ,treasury %all pay int]e/ on ^! funds4 ,! ,secret>y ( ! ,treasury %all *>ge 7or pay if ! am\nt is negative7 f9anc+ acc\nts an am\nt equal to ! risk compon5t = a direct loan1 loan gu>antee1 or f9ancial inve/m5t or modification !re(4 ,su* am\nt receiv$ by ! ,secret>y ( ! ,treasury %all be a means ( f9anc+ & %all n be consid]$ a ca% fl[ ( ! ,gov]nm5t = ! purposes ( section #ejb7g74 7d7 ,au?orization = liquidat+ acc\nts 7#a7 ,am\nts 9 liquidat+ acc\nts %all be available only = paym5ts result+ f direct loan obligations or loan gu>antee commitm5ts made prior to ,octob] #a1 #aiia1 =-- 7,a7 int]e/ paym5ts & pr9cipal repaym5ts to ! ,treasury or ! ,f$]al ,f9anc+ ,bank = am\nts borr[$2 7,b7 disbursem5ts ( loans2 7,c7 default & o!r gu>antee claim paym5ts2 7,d7 int]e/ supplem5t paym5ts2 7,e7 paym5ts = ! co/s ( =eclos+1 manag+1 & sell+ collat]al t are capitaliz$ or r\t9ely d$uct$ f ! proce$s ( sales2 7,f7 paym5ts to f9anc+ acc\nts :5 requir$ = modifications2 7,g7 adm9i/rative co/s & ess5tial pres]vation exp5ses1 if-- 7i7 am\nts cr$it$ to ! liquidat+ acc\nt w\ld h be5 available = ,adm9i/rative co/s & ess5tial pres]vation exp5ses "u a provision ( law 9 effect prior to ,octob] #a1 #aiia2 & 7ii7 no direct loan obligation or loan gu>antee commitm5t has be5 made1 or any modification ( a direct loan or loan gu>antee has be5 made1 s9ce ,septemb] #cj1 #aiia2 or 7,h7 su* o!r paym5ts z are necess>y = ! liquidation ( su* direct loan obligations & loan gu>antee commitm5ts4 7#b7 ,am\nts cr$it$ to liquidat+ acc\nts 9 any ye> %all be available only = paym5ts requir$ 9 t ye>4 ,any unobligat$ balances 9 liquidat+ acc\nts at ! end ( a fiscal ye> %all be transf]r$ to miscellane\s receipts z soon z practicable aft] ! end ( ! fiscal ye>4 7#c7 ,if funds 9 liquidat+ acc\nts are insuffici5t to satisfy obligations & commitm5ts ( su* acc\nts1 !re is h]eby provid$ p]man5t1 indef9ite au?ority to make any paym5ts requir$ to be made on su* obligations & commitm5ts4 7e7 ,au?orization ( appropriations = implem5tation exp5ses ,!re are au?oriz$ to be appropriat$ to exi/+ acc\nts su* sums z may be necess>y = sal>ies & exp5ses to c>ry out ! responsibilities "u ?is title4 7f7 ,re9surance ,no?+ 9 ?is title %all be con/ru$ z au?oriz+ or requir+ ! pur*ase ( insurance or re9surance on a direct loan or loan gu>antee f private insur]s4 ,if any su* re9surance = a direct loan or loan gu>antee is au?oriz$1 ! co/ ( su* insurance & any recov]ies to ! ,gov]nm5t %all be includ$ 9 ! calculation ( ! co/4 7g7 ,eligibility & assi/ance ,no?+ 9 ?is title %all be con/ru$ to *ange ! au?ority or ! responsibility ( a ,f$]al ag5cy to det]m9e ! t]ms & conditions ( eligibility =1 or ! am\nt ( assi/ance provid$ by a direct loan or a loan gu>antee4 #ejf4 ,treatm5t ( deposit insurance & ag5cies & o!r insurance programs ,?is title %all n apply to ! cr$it or insurance activities ( ! ,f$]al ,deposit ,insurance ,corporation1 ,national ,cr$it ,union ,adm9i/ration1 ,resolution ,tru/ ,corporation1 ,p5sion ,b5efit ,gu>anty ,corporation1 ,national ,flood ,insurance1 ,national ,insurance ,developm5t ,fund1 ,crop ,insurance1 or ,t5nessee ,valley ,au?ority4 #ejg4 ,effect on o!r laws 7a7 ,effect on o!r laws ,?is title %all sup]s$e1 modify1 or repeal any provision ( law enact$ prior to ! date ( enactm5t ( ?is title to ! ext5t su* provision is inconsi/5t ) ?is title4 ,no?+ 9 ?is title %all be con/ru$ to e/abli% a cr$it limitation on any ,f$]al loan or loan gu>antee program4 7b7 ,cr$it+ ( collections ,collections result+ f direct loans obligat$ or loan gu>antees committ$ prior to ,octob] #a1 #aiia1 %all be cr$it$ to ! liquidat+ acc\nts ( ,f$]al ag5cies4 ,am\nts s cr$it$ %all be available1 to ! same ext5t t !y 7 available prior to ! date ( enactm5t ( ?is title1 to liquidate obligations aris+ f su* direct loans obligat$ or loan gu>antees committ$ prior to ,octob] #a1 #aiia1 includ+ repaym5t ( any obligations held by ! ,secret>y ( ! ,treasury or ! ,f$]al ,f9anc+ ,bank4 ,! unobligat$ balances ( su* acc\nts t are 9 excess ( curr5t ne$s %all be transf]r$ to ! g5]al fund ( ! ,treasury4 ,su* transf]s %all be made f "t to "t b1 at lea/ once ea* ye>4 4 #e4 ,no *anges 9 m&atory programs 9 appropriation bills ,section #cjb7;f7 ( ! ,congressional ,budget ,act ( #aigd is am5d$ to read z foll[s3 7f7 ,legislation subject to po9t ( ord] 7#a7 ,9 ! ,h\se ( ,repres5tatives 7,a7 ,aft] ! ,congress has complet$ action on a concurr5t resolution on ! budget = a fiscal ye>1 x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives to consid] any bill1 jo9t resolution1 or am5dm5t provid+ new budget au?ority or outlays = any fiscal ye>1 or any conf]5ce report on any su* bill or jo9t resolution1 if ! enactm5t ( su* bill or resolution z report$1 ! adoption & enactm5t ( su* am5dm5t1 or ! enactm5t ( su* bill or resolution 9 ! =m recomm5d$ 9 su* conf]5ce report1 w\ld cause-- 7i7 ! applicable allocation ( new budget au?ority or outlays made "u subsection 7a7 or 7b7 = ! fir/ fiscal ye> or ! total ( fiscal ye>s to be exce$$1 or 7ii7 appropriations legislation to conta9 a provision t w\ld h be5 e/imat$ z affect+ direct sp5d+ or receipts "u section #beb ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7 x includ$ 9 legislation o!r ?an appropriations legislation1 if su* provision does n result 9 net outlay sav+s ov] ! total ( ! p]iod ( ! curr5t ye>1 ! budget ye>1 & all fiscal ye>s cov]$ "u ! mo/ rec5tly adopt$ concurr5t resolution on ! budget4 7,b7 ,9 ! ,h\se ( ,repres5tatives1 x %all n be 9 ord] to consid] a rule or ord] t waives ! application ( subp>agraph 7,a74 ,z disposition ( a po9t ( ord] "u ?is subp>agraph1 ! ,*air %all put ! "q ( consid]ation ) respect to ! rule or ord]4 ,! "q ( consid]ation %all be debatable = #aj m9utes by ! ,memb] initiat+ ! po9t ( ord] & = #aj m9utes by an oppon5t1 b %all o!rwise be decid$ )\t int]v5+ motion except "o t ! ,h\se adj\rn4 7#b7 ,9 ! ,s5ate ,aft] a concurr5t resolution on ! budget is agre$ to1 x %all n be 9 ord] 9 ! ,s5ate to consid] any bill or jo9t resolution1 am5dm5t1 motion1 or conf]5ce report t-- 7,a7 9 ! case ( any committee except ! ,committee on ,appropriations1 w\ld cause ! applicable allocation ( new budget au?ority or outlays "u subsection 7a7 = ! fir/ fiscal ye> or ! total ( fiscal ye>s to be exce$$2 or 7,b7 9 ! case ( ! ,committee on ,appropriations w\ld-- 7i7 cause ! applicable suballocation ( new budget au?ority or outlays "u subsection 7b7 to be exce$$2 or 7ii7 includes "o or m provisions t w\ld h be5 e/imat$ z affect+ direct sp5d+ or receipts "u section #beb ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7 !y includ$ 9 legislation o!r ?an appropriations legislation1 if su* provision does n result 9 net outlay sav+s ov] ! total ( ! p]iod ( ! curr5t ye>1 ! budget ye>1 & all fiscal ye>s cov]$ "u ! mo/ rec5tly adopt$ concurr5t resolution on ! budget4 4 #f4 ,don't c\nt rescissions t don't save money ,section #cab7;a7 ( ! ,congressional ,budget ,act ( #aigd 7#b ,u4,s4,c4 #fdc7;a77 is am5d$-- 7#a7 by /rik+ ,= purposes & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,= purposes2 2 & 7#b7 by add+ at ! end ! foll[+3 7#b7 ,exclusion ,9 mak+ det]m9ations "u p>agraph 7#a71 ! committee %all n c\nt rescissions ( budget au?ority t d n result 9 outlay sav+s ov] ! p]iod ( fiscal ye>s cov]$ by ! concurr5t resolution on ! budget4 4 #g4 ,susp5sion ( /ep increases = ,f$]al employees dur+ a pay-adju/m5t susp5sion p]iod 7a7 ,p]iodic /ep increases ,section #ecce ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7g7 7#a7 ,"u regulations prescrib$ by ! ,(fice ( ,p]sonnel ,managem5t-- 7,a7 ! b5efit ( /ep-increases "u ?is section %all1 9 ! case ( any su* increase :i* w\ld o!rwise take effect dur+ a pay-adju/m5t susp5sion p]iod1 be susp5d$ until ! expiration ( su* p]iod 7or1 9 ! case ( successive susp5sion p]iods1 ! la/ ( !m72 & 7,b7 aft] ! end ( ! pay-adju/m5t susp5sion p]iod 7or1 9 ! case ( successive susp5sion p]iods1 ! la/ ( !m7-- 7i7 ! rate ( pay payable = any s]vice p]=m$ aft] ! end ( su* susp5sion p]iod 7or1 if applicable1 ! la/ ( !m7 %all be recomput$ s z to be equal to ! rate t w\ld !n be payable if /ep-increases "u ?is subsection _h n be5 susp5d$ "u subp>agraph 7,a7 dur+ su* susp5sion p]iod 7or p]iods72 & 7ii7 s]vice p]=m$ by an employee be=e1 dur+1 or aft] a susp5sion p]iod 7or successive susp5sion p]iods7 %all1 = purposes ( any det]m9ation ( eligibility = a /ep-increase "u ?is section1 be comput$ )\t reg>d to subp>agraph 7,a74 7#b7 ,= purposes ( ?is subsection-- 7,a7 ! t]m pay-adju/m5t susp5sion p]iod or susp5sion p]iod means any cal5d> ye> 9 :i* an annual pay adju/m5t = /atutory pay sy/ems is d5i$1 9 its entirety1 "u au?ority ( section #ecjc7;b7 7z det]m9$ by ! ,(fice72 & 7,b7 ! t]m /atutory pay sy/em has ! mean+ giv5 su* t]m by section #ecjb4 4 7b7 ,additional /ep increases ,section #eccf ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7d7 7#a7 ,"u regulations prescrib$ by ! ,(fice ( ,p]sonnel ,managem5t-- 7,a7 ! b5efit ( additional /ep-increases "u ?is section %all1 9 ! case ( any su* increase :i* w\ld o!rwise take effect dur+ a pay-adju/m5t susp5sion p]iod1 be susp5d$ until ! expiration ( su* p]iod 7or1 9 ! case ( successive susp5sion p]iods1 ! la/ ( !m72 & 7,b7 aft] end ( ! pay-adju/m5t susp5sion p]iod 7or1 9 ! case ( successive susp5sion p]iods1 ! la/ ( !m7-- 7i7 ! rate ( pay payable = any s]vice p]=m$ aft] ! end ( su* susp5sion p]iod 7or1 if applicable1 ! la/ ( !m7 %all be recomput$ s z to be equal to ! rate t w\ld !n be payable if additional /ep-increases "u ?is subsection _h n be5 susp5d$ "u subp>agraph 7,a7 dur+ su* susp5sion p]iod 7or p]iods72 & 7ii7 = purposes ( ! second s5t5ce ( subsection 7a71 an additional /ep-increase %all be attribut$ to ! #eb-week p]iod dur+ :i* su* increase w\ld 7b = ?is subsection7 o!rwise h tak5 effect4 7#b7 ,= purposes ( ?is subsection1 ! t]m pay-adju/m5t susp5sion p]iod or susp5sion p]iod means a pay-adju/m5t susp5sion p]iod "u section #ecce7;g74 4 #h4 ,po9t ( ord] aga9/ advance appropriations 7a7 ,9 g5]al 7#a7 ,po9t ( ord] ,except z provid$ 9 subsection 7b71 x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives or ! ,s5ate to consid] any bill1 jo9t resolution1 motion1 am5dm5t1 or conf]5ce report t w\ld provide an advance appropriation4 7#b7 ,def9ition ,9 ?is section1 ! t]m advance appropriation means any new budget au?ority provid$ 9 a bill or jo9t resolution mak+ appropriations = a fiscal ye> t fir/ becomes available = any fiscal ye> aft] t fiscal ye>1 or any new budget au?ority provid$ 9 a bill or jo9t resolution mak+ g5]al appropriations or cont9u+ appropriations = any budget ye>1 t fir/ becomes available = any fiscal ye> aft] t budget ye>4 7b7 ,exceptions ,advance appropriations may be provid$ z foll[s3 7#a7 ,9 an aggregate am\nt n to exce$ #bh1heb1jjj1jjj 9 new budget au?ority 9 ea* fiscal ye> = ! foll[+ programs1 projects1 activities1 or acc\nts3 7,a7 ,employm5t & ,tra9+ ,adm9i/ration4 7,b7 ,job ,corps4 7,c7 ,education = ! ,disadvantag$4 7,d7 ,s*ool ,improvem5t4 7,e7 ,*ildr5 & ,family ,s]vices 7,head ,/>t74 7,f7 ,special ,education4 7,g7 ,c>e]1 ,te*nical1 & ,adult ,education4 7,h7 ,f9ancial ,s]vices & ,g5]al ,gov]nm5t3 ,paym5t to ,po/al ,s]vice4 7,i7 ,transportation1 ,h\s+ & ,urban ,developm5t3 ,t5ant-bas$ ,r5tal ,assi/ance ,project-bas$ ,r5tal ,assi/ance4 7#b7 ,= ! ,corporation = ,public ,broadca/+4 7#c7 ,= ! ,dep>tm5t ( ,vet]ans ,affairs = ! ,m$ical ,s]vices1 ,m$ical ,support & ,compliance1 & ,m$ical ,facilities acc\nts ( ! ,vet]ans ,heal? ,adm9i/ration4 7c7 ,sup]majority waiv] & appeal 7#a7 ,waiv] ,9 ! ,h\se ( ,repres5tatives or ! ,s5ate1 subsection 7a77#a7 may be waiv$ or susp5d$ only by an affirmative vote ( ?ree-fif?s ( ! ,memb]s1 duly *os5 & sworn4 7#b7 ,appeal ,9 ! ,s5ate1 an affirmative vote ( ?ree-fif?s ( ! ,memb]s ( ! ,s5ate1 duly *os5 & sworn1 %all be requir$ to su/a9 an appeal ( ! rul+ ( ! ,*air on a po9t ( ord] rais$ "u subsection 7a74 7d7 ,=m ( po9t ( ord] ,a po9t ( ord] "u subsection 7a7 may be rais$ by any ,memb] z provid$ 9 section #cac7;e7 ( ! ,congressional ,budget ,act ( #aigd4 7e7 ,rules or ord]s 9 ! ,h\se ( ,repres5tatives ,9 ! ,h\se ( ,repres5tatives1 x %all n be 9 ord] to consid] a rule or ord] t waives ! application ( subsection 7a77#a74 ,z disposition ( a po9t ( ord] "u ?is subsection1 ! ,*air %all put ! "q ( consid]ation ) respect to ! rule or ord]4 ,! "q ( consid]ation %all be debatable = #aj m9utes by ! ,memb] initiat+ ! po9t ( ord] & = #aj m9utes by an oppon5t1 b %all o!rwise be decid$ )\t int]v5+ motion except "o t ! ,h\se adj\rn4 7f7 ,conf]5ce reports ,:5 ! ,h\se ( ,repres5tatives or ! ,s5ate is consid]+ a conf]5ce report on1 or an am5dm5t betwe5 ! ,h\ses 9 relation to1 a bill1 ^u a po9t ( ord] be+ made by any ,memb] pursuant to ?is section1 & su* po9t ( ord] be+ su/a9$1 su* mat]ial conta9$ 9 su* conf]5ce report %all be deem$ /rick51 & ! applicable ,h\se %all proce$ to consid] ! "q ( :e!r x %all rec$e f its am5dm5t & concur ) a fur!r am5dm5t1 or concur 9 ! am5dm5t ( ! o!r ,h\se ) a fur!r am5dm5t1 z ! case may be1 :i* fur!r am5dm5t %all consi/ ( only t portion ( ! conf]5ce report or am5dm5t1 z ! case may be1 n s /rick54 ,any su* motion 9 ! ,h\se ( ,repres5tatives or ,s5ate %all be debatable4 ,9 any case 9 :i* su* po9t ( ord] is su/a9$ aga9/ a conf]5ce report 7or ,h\se or ,s5ate am5dm5t1 z applicable1 d]iv$ f su* conf]5ce report by op]ation ( ?is subsection71 no fur!r am5dm5t %all be 9 ord]4 #i4 ,prohibit tim+ %ifts 7a7 ,9 g5]al ,9 ! ,h\se ( ,repres5tatives or ! ,s5ate1 = purposes ( en=cem5t ( po9ts ( ord] e/abli%$ "u ! ,congressional ,budget ,act ( #aigd1 ,s4 ,con4 ,res4 #ba 7#aaj? ,congress2 ,fiscal ,ye> #bjjh ,budget ,resolution71 ,s4 ,con4 ,res4 #gj 7#aaj? ,congress2 ,fiscal ,ye> #bjji ,budget ,resolution71 ,s4 ,con4 ,res4 #ac 7#aaa? ,congress2 ,fiscal ,ye> #bjaj ,budget ,resolution71 & subsequ5t concurr5t resolutions on ! budget1 a provision 9 any bill1 resolution1 am5dm5t1 motion1 am5dm5t betwe5 h\ses1 or conf]5ce report t %ifts outlays or rev5ues f "o ye> to ano!r by a date *ange to act z an (fset = o!r provisions t increase ! deficit = a "t p]iod %all n c\nt4 7b7 ,rules or ord]s 9 ! ,h\se ( ,repres5tatives ,9 ! ,h\se ( ,repres5tatives1 x %all n be 9 ord] to consid] a rule or ord] t waives ! application ( subsection 7a74 ,z disposition ( a po9t ( ord] "u ?is subsection1 ! ,*air %all put ! "q ( consid]ation ) respect to ! rule or ord]4 ,! "q ( consid]ation %all be debatable = #aj m9utes by ! ,memb] initiat+ ! po9t ( ord] & = #aj m9utes by an oppon5t1 b %all o!rwise be decid$ )\t int]v5+ motion except "o t ! ,h\se adj\rn4 #aj4 ,budget scor+ rule relat+ to transf]s f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund t increase public indebt$ness 7a7 ,9 g5]al ,9 ! ,h\se ( ,repres5tatives or ! ,s5ate1 = purposes ( en=cem5t ( po9ts ( ord] e/abli%$ "u ! ,congressional ,budget ,act ( #aigd1 ,s4 ,con4 ,res4 #ba 7#aaj? ,congress2 ,fiscal ,ye> #bjjh ,budget ,resolution71 ,s4 ,con4 ,res4 #gj 7#aaj? ,congress2 ,fiscal ,ye> #bjji ,budget ,resolution71 ,s4 ,con4 ,res4 #ac 7#aaa? ,congress2 ,fiscal ,ye> #bjaj ,budget ,resolution71 & subsequ5t concurr5t resolutions on ! budget1 a bill1 resolution1 am5dm5t1 motion1 am5dm5t betwe5 h\ses1 or conf]5ce report t transf]s funds f ! g5]al fund ( ! ,treasury to ! ,highway ,tru/ ,fund & t increases ! level ( indebt$ness t is subject to ! curr5t applicable /atutory public debt limit %all be c\nt$ by ! *airman ( ! ,committee on ! ,budget ( ! ,h\se ( ,repres5tatives or ! ,s5ate1 z applicable1 z new budget au?ority & outlays equal to ! am\nt ( ! transf] 9 ! fiscal ye> ! transf] occurs4 7b7 ,rules or ord]s 9 ! h\se ( repres5tatives ,9 ! ,h\se ( ,repres5tatives1 x %all n be 9 ord] to consid] a rule or ord] t waives ! application ( subsection 7a74 ,z disposition ( a po9t ( ord] "u ?is subsection1 ! ,*air %all put ! "q ( consid]ation ) respect to ! rule or ord]4 ,! "q ( consid]ation %all be debatable = #aj m9utes by ! ,memb] initiat+ ! po9t ( ord] & = #aj m9utes by an oppon5t1 b %all o!rwise be decid$ )\t int]v5+ motion except "o t ! ,h\se adj\rn4 #aa4 ,requirem5t 9 budget submission ) respect to ! co/ p] taxpay] ( ! deficit ,section #aaje7;a7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by r$esignat+ p>agraph 7#cg7 7relat+ to ! li/ ( outdat$ or duplicative plans & reports7 z p>agraph 7#ci72 & 7#b7 by add+ at ! end ! foll[+3 7#dj7 9 ! case ( a fiscal ye> 9 :i* ! budget is project$ to result 9 a deficit1 an e/imate ( ! pro rata co/ ( su* deficit = taxpay]s :o w file individual income tax returns = taxable ye>s end+ dur+ su* fiscal ye>4 4