Page:United States Statutes at Large Volume 96 Part 2.djvu/1297

 CONCURRENT RESOLUTION S — J U N E 23, 1982

96 STAT. 2659

sufficient to reduce budget authority by $1,106,000,000 and outlays by $4,429,000,000 in fiscal year 1983; to reduce budget authority by $1,444,000,000 and outlays by $5,564,000,000 in fiscal year 1984; and to reduce budget authority by $1,740,000,000 and outlays by $5,976,000,000 in fiscal year 1985. (2) The Senate Committee on Finance shall also report changes in laws within the jurisdiction of that committee sufficient to increase revenues as follows: $20,900,000,000 in fiscal year 1983; $36,000,000,000 in fiscal year 1984; and $41,400,000,000 in fiscal year 1985. (3) The legislation required in paragraphs (1) and (2) of this subsection shall be reported to the Senate no later than July 12, 1982. MISCELLANEOUS PROVISIONS

SEC. 3. It shall not be in order in the House or the Senate during fiscal years 1982 and 1983 to consider any bill, resolution, or amendment, except proposed legislation reported in response to reconciliation instructions contained in this resolution, authorizing new direct loan obligations or new loan guarantee commitments unless that bill, resolution, or amendment also provides that the authority to make or guarantee such loans shall be effective only to such extent or in such amounts as are contained in appropriation Acts. This section shall not be applicable to agricultural price support and related programs of the type in operation on January 1, 1982, that are funded through the Commodity Credit Corporation, loans and loan guarantee programs administered by the Veterans' Administration, or bills or resolutions reported to the House or Senate prior to the adoption of this resolution. SEC. 4. (a) No bill or resolution providing new budget authority for fiscal year 1983, or new spending authority described in section 401(c)(2)(C) of the Congressional Budget Act first effective in fiscal year 1983, which exceeds in either the House of Representatives or the Senate, the appropriate allocation or subdivision of such new discretionary budget authority, new budget authority, or new spending authority made pursuant to section 302 of such Act shall be enrolled until after the Congress has completed action on the Second Concurrent Resolution on the Budget required to be reported under section 310 of such Act. (b) If Congress increases revenues in a trust fund exempt under section 401(d)(1)(B) of the Congressional Budget Act, 90 percent or more of the receipts of which consist of or will consist of amounts (transferred from the general fund of the Treasury) equivalent to amounts of taxes (related to the purposes for which such outlays are or will be made) received in the Treasury under specified provisions of the Internal Revenue Code of 1954, then for purposes of this section in the House of Representatives, "new discretionary budget authority" and "new spending authority", and for purposes of this section in the Senate, "new budget authority" and "new spending authority" shall not include spending authority or budget authority derived from such trust fund. This subsection shall only apply to trust funds— (1) exempt under section 401(d)(1)(B) of the Congressional Budget Act, (2) for which revenues are increased, and (3) to the extent that such increased revenues exceed the appropriate allocation or subdivision of such new discretionary budget authority, new budget authority, or new spending authority made pursuant to section 302 of such Act.

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2 USC 651.

2 USC 633. 2 USC 64i.

26 USC i et seq.

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