Page:United States Statutes at Large Volume 110 Part 6.djvu/636

 110 STAT. 4458 CONCURRENT RESOLUTIONS-JUNE 13, 1996 (C) any appropriation bill or resolution (or amendment, motion, or conference report on such appropriation bill or resolution) for fiscal year 1997, 1998, 1999, 2000, 2001, or 2002 that would exceed any of the discretionary spending limits in this section or suballocations of those limits made pursuant to section 602(b) of the Congressional Budget Act of 1974. (2) EXCEPTION. — (A) IN GENERAL. — This section shall not apply if a declaration of war by the Congress is in effect or if a joint resolution pursuant to section 258 of the Balsinced Budget and Emergency Deficit Control Act of 1985 has been enacted. (B) ENFORCEMENT OF DISCRETIONARY LIMITS IN FY 1997. —Until the enactment of reconciliation legislation pursuant to subsections (a), (b), and (c) of section 202 of this resolution and for purposes of the application of paragraph (1), only subparagraph (C) of paragraph (1) shall apply, and it shall apply only for fiscal year 1997. (c) WAIVER.— This section may be waived or suspended in the Senate only by the affirmative vote of three-fifths of the Members, duly chosen and sworn. (d) APPEALS. — Appeals in the Senate from the decisions of the Chair relating to any provision of this section shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the concurrent resolution, bill, or joint resolution, as the case may be. An affirmative vote of threefifths of the Members of the Senate, duly chosen and sworn, shall be required in the Senate to sustain an appeal of the ruling of the Chair on a point of order raised under this section. (e) DETERMINATION OF BUDGET LEVELS. — For purposes of subsection (b), the levels of new budget authority and outlays for a fiscal year shall be determined on the basis of estimates made by the Committee on the Budget of the Senate. SEC. 302. BUDGETARY TREATMENT OF THE SALE OF GOVERNMENT ASSETS. (a) SENSE OF CONGRESS.—It is the sense of Congress that— (1) the prohibition on scoring asset sales has discouraged the sale of assets that can be better managed by the private sector and generate receipts to reduce the Federal budget deficit; (2) the President's fiscal year 1997 budget included $3,900,000,000 in receipts from asset sales and proposed a change in the asset sale scoring rule to allow the proceeds from these sales to be scored; (3) assets should not be sold if such sale would increase the budget deficit over the long run; and (4) the asset sale scoring prohibition should \be repealed and consideration should be given to replacing it ^ith a methodology that takes into account the long-term budgetary impact of asset sales. (b) BUDGETARY TREATMENT.— (1) For the purposes of any concurrent resolution on the budget and the Congressional Budget Act of 1974, amounts realized from sales of assets shall be scored with respect to the level of budget authority, outlays, or revenues.

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