Expedited Legislative Line-Item Veto and Rescissions Act of 2012

referredUnited States· United States Congress· EN

Introduced

9 February 2012

Last action

9 February 2012 · Introduced

Status

Read twice and referred to the Committee on the Budget.

Summary

Expedited Legislative Line-Item Veto and Rescissions Act of 2012 - Amends the Congressional Budget and Impoundment Control Act of 1974 (CBICA) to authorize the President to propose the rescission (line item veto) of all or any dollar amount of funding provided by any enacted bill or joint resolution. Sets forth requirements for the President's transmittal to Congress of a special message regarding the proposed rescission. Authorizes the President, except for his deferral of budget authority provided in CBICA, to withhold such rescinded funding temporarily from obligation, but only once per proposed rescission. Dedicates the rescinded funds solely to deficit reduction or increase of a surplus. Provides for adjustment of: (1) committee allocations resulting from such rescission, and (2) applicable limits under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) revised downward by the amount of such rescissions. Sets forth procedures for expedited congressional consideration of a proposed rescission. Amends the Congressional Budget Act of 1974 to require the House Committee on the Budget, whenever an approval bill passes the House of Representatives, to reduce the applicable committee allocations immediately by the total amount of reductions in budget authority and in outlays resulting from such approval.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

9 February 2012
Introduced
Read twice and referred to the Committee on the Budget.
Source: IntroReferral
9 February 2012
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 9 February 2012 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 9 February 2012
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Introduced in Senate (PDF)
Introduced in Senate · EN · 9 February 2012
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Introduced in Senate
summary · EN · 9 February 2012
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
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Related records

related to → Expedited Legislative Line-Item Veto and Rescissions Act of 2012

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/112th-congress/senate-bill/2086
Open data entity: https://api.congress.gov/v3/bill/112/s/2086
us · 112-s-2086 · source updated 14 August 2025