Page:United States Statutes at Large Volume 111 Part 3.djvu/645

 CONCURRENT RESOLUTIONS-JUNE 5, 1997 111 STAT. 2733 (1) IN GENERAL.— The revisions made pursuant to subsection (b) shall not be made— (A) with respect to direct spending reductions, unless the committee that generates the direct spending reductions is within its allocations under sections 302(a) and 602(a) of the Budget Act in this resolution (not including the direct spending reductions envisioned in subsection (b));and (B) with respect to revenue increases, unless revenues are at or above the revenue aggregates in this resolution (not including the revenue increases envisioned in subsection (b)). (2) BUDGET AUTHORITY. —The budget authority adjustments made pursuant to subsection (c) shall not exceed the amounts specified in subsection (b)(2) for a fiscal year. SEC. 207A. INTERCITY PASSENGER RAIL RESERVE FUND IN THE SEN- ATE FOR FISCAL YEARS 1998-2002. (a) IN GENERAL.—In the Senate, 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. (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 of the Senate 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 of the Senate 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 of the Senate may submit increased budget authority allocations, aggregates, and 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.

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