Page:United States Statutes at Large Volume 93.djvu/623

 PUBLIC LAW 96-78—SEPT. 29, 1979

93 STAT. 591

mendation, made after holding public hearings, as to the appropriate level of the public debt which should be set forth in the concurrent resolution on the budget referred to in such sentence and serve as the basis for an increase or decrease in the statutory limit on such debt under the procedures provided by rule XLIX,". (c) Clause 8 of rule XXIII of the Rules of the House of Representatives is amended— (1) by inserting "(except to the extent that the amendment involved is limited by the third sentence of this clause)" after "mathematically consistent"; and (2) by adding at the end thereof the following new sentence: "It shall not be in order in the House or in a Committee of the Whole to consider an amendment to a concurrent resolution on the budget, or any amendment to an amendment thereto, which changes the amount of the appropriate level of the public debt set forth in the concurrent resolution as reported; except that the amendments to achieve mathematical consistency which are permitted under section 305(a)(6) of the Congressional Budget Act of 1974 may include an amendment, offered by or at the 31 USC 1326. direction of the Committee on the Budget, to adjust the amount of such level to reflect any changes made in the other figures contained in the resolution.". SEC. 202. The first sentence of section 21 of the Second Liberty Bond Act (31 U.S.C. 757b) is amended by inserting before the period at the end thereof the following: ", subject to any increases or decreases in such limit which may from time to time be provided by law (through the congressional budget process as described in rule XLIX of the Rules of the House of Representatives or otherwise)". SEC. 203. The amendments made by this title shall apply with 31 USC 757b respect to concurrent resolutions on the budget for fiscal years ^°^beginning on or after October 1, 1980. Approved September 29, 1979.

LEGISLATIVE HISTORY: HOUSE REPORT No. 96-472, pt. 1 (Comm. on Ways and Means). CONGRESSIONAL RECORD, Vol. 125 (1979): Sept. 26, considered and passed House. Sept. 28, considered and passed Senate.

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