US HB1870 | 2013-2014 | 113th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 8 2013 - 25% progression, died in committee
Action: 2013-05-08 - Referred to House Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Expedited Legislative Line-Item Veto and Rescissions Act of 2013 - Amends the Congressional Budget and Impoundment Control Act of 1974 (CBICA) to authorize the President to propose the rescission (line item veto) of all or any dollar amount of funding provided by any enacted bill or joint resolution. Sets forth requirements for the President's transmittal to Congress of a special message regarding the proposed rescission. Authorizes the President, except for his deferral of budget authority provided in CBICA, to withhold such rescinded funding temporarily from obligation, but only once per proposed rescission. Dedicates the rescinded funds solely to deficit reduction or increase of a surplus. Provides for adjustment of: (1) committee allocations resulting from such rescission, and (2) applicable limits under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) revised downward by the amount of such rescissions. Sets forth procedures for expedited congressional consideration of a proposed rescission. Amends the Congressional Budget Act of 1974 to require the House Committee on the Budget, whenever an approval bill passes the House of Representatives, to reduce the applicable committee allocations immediately by the total amount of reductions in budget authority and in outlays resulting from such approval. Terminates on December 15, 2015, the amendments made by this Act, with restoration of the provisions of part B of CBICA as in effect immediately before the enactment of this Act.

Tracking Information

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Title

Expedited Legislative Line-Item Veto and Rescissions Act of 2013

Sponsors


History

DateChamberAction
2013-05-08HouseReferred to House Rules
2013-05-08HouseReferred to House Budget
2013-05-08HouseReferred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects


US Congress State Sources


Bill Comments

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