S.196 - Legislative Line Item Veto Act of 1991102nd Congress (1991-1992)
|Sponsor:||Sen. Coats, Daniel [R-IN] (Introduced 01/14/1991)|
|Committees:||Senate - Budget; Governmental Affairs|
|Latest Action:||01/14/1991 Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.|
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Summary: S.196 — 102nd Congress (1991-1992)All Bill Information (Except Text)
Introduced in Senate (01/14/1991)
Legislative Line Item Veto Act of 1991 - Amends the Congressional Budget and Impoundment Control Act of 1974 to grant the President legislative line item veto rescission authority. Authorizes the President to rescind all or part of any budget authority if the President determines that such rescission: (1) would help balance the Federal budget, reduce the Federal budget deficit, or reduce the public debt; (2) will not impair any essential Government functions; and (3) will not harm the national interest. Requires the President to notify the Congress of such a rescission by: (1) special message not later than 20 calendar days after enactment of appropriations legislation; or (2) special message accompanying the budget when such rescissions have not been proposed previously for that fiscal year.
Makes such a rescission effective unless the Congress, during a review period of 20 calendar days, enacts a rescission disapproval bill.
Describes: (1) information to be included in the President's message; and (2) procedures to govern consideration of rescission disapproval legislation in the Senate and the House of Representatives.