Page:United States Statutes at Large Volume 101 Part 1.djvu/803

 PUBLIC LAW 100-119—SEPT. 29, 1987

101 STAT. 773

(b) CONFORMING AMENDMENTS.— (1) CONGRESSIONAL PROCEDURES.—Section

254(b)(1)(A) of the Act is amended by striking out "the Comptroller General under 2 USC 904. section 251(c)(2)" and by inserting in lieu thereof "the Director of OMB under section 251(c)(2)". (2) SEQUESTRATIONS.—Section 256(a)(2) of the Act is amended 2 USC 906. to read as follows: "(2) SEQUESTRATIONS.—Any amounts of new budget authority; Loans, unobligated balances; new loan guarantee commitments or limitations; new direct loan obligations, commitments, or limitations; spending authority as defined in section 401(c)(2) of the Congressional Budget Act of 1974; or obligation limitations which are sequestered or automatic spending increases which are reduced under an order issued under section 252 are permanently cancelled or reduced; with the exception of amounts sequestered or reduced in special or trust funds, which shall remain in such funds and be available in accordance with and to the extent permitted by law, including the provisions of this Act.". (3) TREATMENT OF OBLIGATED BALANCES.—Section 256(1) of the Act is amended to read as follows: "(1) TREATMENT OF OBLIGATED BALANCES.—Obligated balances shall not be subject to reduction under an order issued under section 252.". (4) DEFINITION OF SEQUESTRATION.—Section 257(7) of the Act is

amended to read as follows: "(7) The terms 'sequester' and 'sequestration' (subject to section 252(a)(4)) refer to or mean the reduction or cancellation of new budget authority; unobligated balances, new loan guarantee commitments or limitations; new direct loan obligations, commitments, or limitations; spending authority as defined in section 401(c)(2) of the Congressional Budget Act of 1974; and obligation limitations.". (5) DEFINITION OF SEQUESTERABLE RESOURCE.—Section 257

of

the Act is amended by adding after paragraph (8) the following new paragraph: "(9) The term 'sequesterable resource' means new budget authority; unobligated balances; new loan guarantee commitments or limitations; new direct loan obligations, commitments, or limitations; spending authority as defined in section 401(c)(2) of the Congressional Budget Act of 1974; and obligation limitations for budget accounts, programs, projects, and activities that are not exempt from reduction or sequestration under this part.". (6)

CLARIFYING

AMENDMENT

RESPECTING

APPROPRIATED

ENTITLEMENTS.—Section 257 of the Act is amended by adding after paragraph (10) the following new paragraph: "(11) As used in this part, all references to section 401(c)(2) of the Congressional Budget Act of 1974 shall include (but are not limited to) payments to any person or government under terms of law for the following programs: "(A) Claims, defense (97-0102-0-1-051). • "(B) Veterans compensation (36-0153-0-1-701). _., "(C) Veterans pensions (36-0154-0-1-701). "• " " (D) Burial benefits and miscellaneous assistance (360155-0-1-701). umi r <: u^g) Readjustment benefits (36-0137-0-1-702).

2 USC 907.

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