Introduced
Committee
Markup
Reported
Floor
Passed
Enacted
S.360 119th Congress

A bill to provide for across-the-board rescissions of nonsecurity discretionary spending.

Status
In Committee
Latest Action
2025-02-03
Sponsor
Blackburn, Marsha (R-Tennessee)
Official Source
Investability
54/100
Stage
COMMITTEE
Related Bills
0
Full Text
3,470 chars
Alive
Yes
Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.
2025-02-03
Read twice and referred to the Committee on Appropriations.
2025-02-03
Introduced in Senate
119 S360 IS: To provide for across-the-board rescissions of nonsecurity discretionary spending. U.S. Senate 2025-02-03 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 360 IN THE SENATE OF THE UNITED STATES February 3, 2025 Mrs. Blackburn introduced the following bill; which was read twice and referred to the Committee on Appropriations A BILL To provide for across-the-board rescissions of nonsecurity discretionary spending. 1. Across-the-board rescissions (a) Definitions In this section: (1) Budget authority The term budget authority has the meaning given that term in section 3 of the Congressional Budget and Impoundment Control Act of 1974 ( 2 U.S.C. 622 ). (2) Discretionary appropriations; security category The terms discretionary appropriations and security category have the meanings given such terms in section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900(c) ). (3) Nonsecurity discretionary appropriations The term nonsecurity discretionary appropriations means discretionary appropriations provided in a regular appropriation Act that are not included in the security category. (4) Regular appropriation act The term regular appropriation Act — (A) means an annual appropriation Act (as described in section 105 of title 1, United States Code) providing new budget authority for the programs, projects, and activities under the jurisdiction of a subcommittee of the Committee on Appropriations of the Senate; and (B) includes— (i) a title, division, or other subdivision of an Act or resolution that, if it were a separate Act, would be an Act described in subparagraph (A); and (ii) a resolution or Act, or a title, division, or other subdivision of a resolution or Act, making continuing appropriations for a fiscal year. (b) Rescissions (1) Fiscal year 2026 For fiscal year 2026, effective on the day after the date on which appropriations are made available through the end of fiscal year 2026 for the entire Federal Government, there is rescinded, on a pro rata basis, 1 percent of the nonsecurity discretionary appropriations made available for fiscal year 2026. (2) Fiscal year 2027 For fiscal year 2027, effective on the day after the date on which appropriations are made available through the end of fiscal year 2027 for the entire Federal Government, there is rescinded, on a pro rata basis, 2 percent of the nonsecurity discretionary appropriations made available for such fiscal year. (3) Subsequent fiscal years For fiscal year 2028, and each fiscal year thereafter, effective on the day after the date on which appropriations are made available through the end of the applicable fiscal year for the entire Federal Government, there is rescinded, on a pro rata basis, 5 percent of the nonsecurity discretionary appropriations made available for such fiscal year. (c) OMB reports For fiscal year 2026, and each fiscal year thereafter, not later than 30 days after the date on which appropriations are made available through the end of such fiscal year for the entire Federal Government, the Director of the Office of Management and Budget shall submit to the Committee on Appropriations of the Senate and the Committee on Appropriations of the House of Representatives a report specifying the account and amount of each rescission made pursuant to subsection (b).
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Bill text sourced from GovInfo.gov · public domain · last updated recently.
Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records.
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