Pub. L. 110-161, div. G, tit. V, sec. 528

Sec. 528. (a) Across-the-Board Rescissions.—There is hereby rescinded an amount equal to 1.747 percent of the fiscal year 2008 budget authority—(1) provided for any discretionary account of this Act; and(2) provided in any advance appropriation for fiscal year 2008 for any discretionary account of this Act made available by any prior fiscal year appropriation 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 such subsection; 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, accompanying reports, or explanatory statement for fiscal year 2008 covering such account or item, or for accounts and items not included in 121 STAT. 2213 appropriation Acts, as delineated in the most recently submitted President’s budget).(c) Exceptions.—This section shall not apply—(1) to discretionary budget authority that has been designated as described in section 5 (in the matter preceding division A of this consolidated Act); or(2) to discretionary budget authority made available under title III under the Student Financial Assistance account for the Federal Pell Grants program.(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 of the House of Representatives and the Senate a report specifying the account and amount of each rescission made pursuant to this section.