§ 683. — Rescission of budget authority.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 2USC683]
TITLE 2--THE CONGRESS
CHAPTER 17B--IMPOUNDMENT CONTROL AND LINE ITEM VETO
SUBCHAPTER II--CONGRESSIONAL CONSIDERATION OF PROPOSED RESCISSIONS,
RESERVATIONS, AND DEFERRALS OF BUDGET AUTHORITY
Sec. 683. Rescission of budget authority
(a) Transmittal of special message
Whenever the President determines that all or part of any budget
authority will not be required to carry out the full objectives or scope
of programs for which it is provided or that such budget authority
should be rescinded for fiscal policy or other reasons (including the
termination of authorized projects or activities for which budget
authority has been provided), or whenever all or part of budget
authority provided for only one fiscal year is to be reserved from
obligation for such fiscal year, the President shall transmit to both
Houses of Congress a special message specifying--
(1) the amount of budget authority which he proposes to be
rescinded or which is to be so reserved;
(2) any account, department, or establishment of the Government
to which such budget authority is available for obligation, and the
specific project or governmental functions involved;
(3) the reasons why the budget authority should be rescinded or
is to be so reserved;
(4) to the maximum extent practicable, the estimated fiscal,
economic, and budgetary effect of the proposed rescission or of the
reservation; and
(5) all facts, circumstances, and considerations relating to or
bearing upon the proposed rescission or the reservation and the
decision to effect the proposed rescission or the reservation, and
to the maximum extent practicable, the estimated effect of the
proposed rescission or the reservation upon the objects, purposes,
and programs for which the budget authority is provided.
(b) Requirement to make available for obligation
Any amount of budget authority proposed to be rescinded or that is
to be reserved as set forth in such special message shall be made
available for obligation unless, within the prescribed 45-day period,
the Congress has completed action on a rescission bill rescinding all or
part of the amount proposed to be rescinded or that is to be reserved.
Funds made available for obligation under this procedure may not be
proposed for rescission again.
(Pub. L. 93-344, title X, Sec. 1012, July 12, 1974, 88 Stat. 333; Pub.
L. 100-119, title II, Sec. 207, Sept. 29, 1987, 101 Stat. 786.)
Codification
Section was formerly classified to section 1402 of Title 31 prior to
the general revision and enactment of Title 31, Money and Finance, by
Pub. L. 97-258, Sec. 1, Sept. 13, 1982, 96 Stat. 877.
Amendments
1987--Subsec. (b). Pub. L. 100-119 inserted at end ``Funds made
available for obligation under this procedure may not be proposed for
rescission again.''
Section Referred to in Other Sections
This section is referred to in sections 682, 684, 685, 686 of this
title.
