Page:United States Statutes at Large Volume 111 Part 3.djvu/644

 Ill STAT. 2732 CONCURRENT RESOLUTIONS-JUNE 5, 1997 (b) COMMITTEE SUBALLOCATIONS.— The Committee on Appropriations shall report to its House appropriately revised suballocations pursuant to sections 3O20t))(l) and 602(b)(1) of the Congressional Budget Act of 1974 following the adjustments made pursuant to subsection (a). SEC. 207. D4TERCITY PASSENGER RAIL RESERVE FUND FOR FISCAL YEARS 1998-2002. (a) IN GENERAL.— If legislation is enacted which generates revenue increases or direct spending reductions to finance an intercity passenger rail fund and to the extent that such increases or reductions are not included in this concurrent resolution on the budget, the appropriate budgetary levels and limits may be adjusted if such adjustments do not cause an increase in the deficit in this resolution. Necessary authorizing reforms and additional funding contained in this reserve fund for intercity passenger rail should both occur in this Session, and if such funds are appropriated before the enactment of such reforms, such appropriated funds shall not be made available until the enactment of such reforms. (b) ESTABLISHING A RESERVE.— (1) ADJUSTMENTS TO CAPTURE SAVINGS.—After the enactment of legislation described in subsection (a), the Chairman of the Committee on the Budget may submit revisions to the appropriate allocations and aggregates by the amount that provisions in such legislation generates revenue increases or direct spending reductions. (2) DETERMINATION OF MAXIMUM DISCRETIONARY ALLOW- ANCE.—Upon the submission of such revisions, the Chairman of the Committee on the Budget shall also submit the amount of revenue increases or direct spending reductions such legislation generates and the maximum amount available each year for adjustments pursuant to subsection (c). (c) ADJUSTMENTS FOR DISCRETIONARY SPENDING. — (1) REVISIONS TO ALLOCATIONS AND AGGREGATES. —After either— (A) the reporting of an appropriations measure, or after a conference committee submits a conference report thereon, that appropriates funds for the National Railroad Passenger Corporation and funds from the intercity passenger rail fund; or (B) the reporting of an appropriations measure, or after a conference committee submits a conference report thereon, that appropriates funds from the intercity passenger rail fund (funds having previously been appropriated for the National Railroad Passenger Corporation for that same fiscal year), the Chairman of the Committee on the Budget may submit increased budget authority allocations, aggregates, and, in the Senate only, discretionary limits, for the amount appropriated for authorized expenditures from the intercity passenger rail fund and the outlays in all years flowing from such budget authority. (2) REVISIONS TO SUBALLOCATIONS.— The Committee on Appropriations may submit appropriately revised suballocations pursuant to sections 302(b)(1) and 602(b)(1) of the Congressional Budget Act of 1974. (d) LIMITATIONS.—

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