Pub. L. 110-161, div. F, tit. IV, sec. 437

Pub. L. 110-161, div. F, tit. IV, sec. 437

EnactedYear: 2007Length: 257 wordsOfficial source
Sec. 437. (a) Across-the-Board Rescissions.—There is hereby rescinded an amount equal to 1.56 percent of the budget authority provided for fiscal year 2008 for any discretionary appropriation in titles I through IV of this Act.(b) Proportionate Application.—Any rescission made by subsection (a) shall be applied proportionately—(1) to each discretionary account and each item of budget authority described in subsection (a); and(2) within each such account and item, to each program, project, and activity (with programs, projects, and activities as delineated in the appropriation Act or accompanying reports for the relevant fiscal year covering such account or item, or for accounts and items not included in appropriation Acts, as delineated in the most recently submitted President’s budget).(c) Indian Land and Water Claim Settlements.—Under the heading “Bureau of Indian Affairs, Indian Land and Water Claim Settlements and Miscellaneous Payments to Indians”, the across-the-board rescission in this section, and any subsequent across-the-board rescission for fiscal year 2008, shall apply only to the first dollar amount in the paragraph and the distribution of the rescission shall be at the discretion of the Secretary of the Interior who shall submit a report on such distribution and the rationale therefor to the House and Senate Committees on Appropriations.(d) OMB Report.—Within 30 days after the date of the enactment of this section the Director of the Office of Management and Budget shall submit to the Committees on Appropriations 121 STAT. 2154 of the House of Representatives and the Senate a report specifying the account and amount of each rescission made pursuant to this section.
Pub. L. 110-161, div. F, tit. IV, sec. 437 | Justis AI