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Full Text of this Amendment
SA 802. Mr. HELLER submitted an amendment intended to be proposed by him to the bill H.R. 2112, making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2012, and for other purposes; which was ordered to lie on the table; as follows:
At the end, insert the following:
SEC. __X. RESCISSION OF UNOBLIGATED BALANCES.
(a) In General.--
(1) RESCISSION.--Any unobligated balances of discretionary appropriations made prior to fiscal year 2010 for accounts in divisions A, B, or C are rescinded effective October 1, 2012 and shall be used to reduce the deficit.
(2) EXCEPTION.--Paragraph (1) shall not apply to appropriation accounts or subgroup accounts that are designated as emergencies.
(b) Implementation.--
(1) IN GENERAL.--The Director of the Office of Management and Budget shall determine which appropriation accounts the rescission under subsection (a) shall apply to and the amount that each such account shall be reduced by pursuant to such rescission.
(2) REPORT.--Not later than 60 days after the date of enactment of this section, the Director of the Office of Management and Budget shall submit a report to the Secretary of the Treasury and Congress listing the accounts reduced by the rescission in subsection (a) and the amounts rescinded from each such account.
(As printed in the Congressional Record for the Senate on Oct 18, 2011.)
At the end, insert the following:
SEC. __X. RESCISSION OF UNOBLIGATED BALANCES.
(a) In General.--
(1) RESCISSION.--Any unobligated balances of discretionary appropriations made prior to fiscal year 2010 for accounts in divisions A, B, or C are rescinded effective October 1, 2012 and shall be used to reduce the deficit.
(2) EXCEPTION.--Paragraph (1) shall not apply to appropriation accounts or subgroup accounts that are designated as emergencies.
(b) Implementation.--
(1) IN GENERAL.--The Director of the Office of Management and Budget shall determine which appropriation accounts the rescission under subsection (a) shall apply to and the amount that each such account shall be reduced by pursuant to such rescission.
(2) REPORT.--Not later than 60 days after the date of enactment of this section, the Director of the Office of Management and Budget shall submit a report to the Secretary of the Treasury and Congress listing the accounts reduced by the rescission in subsection (a) and the amounts rescinded from each such account.
(As printed in the Congressional Record for the Senate on Oct 18, 2011.)