§ 691f. — Identification of limited tax benefits.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 2USC691f]
TITLE 2--THE CONGRESS
CHAPTER 17B--IMPOUNDMENT CONTROL AND LINE ITEM VETO
SUBCHAPTER III--LINE ITEM VETO
Sec. 691f. Identification of limited tax benefits
(a) Statement by Joint Tax Committee
The Joint Committee on Taxation shall review any revenue or
reconciliation bill or joint resolution which includes any amendment to
title 26 that is being prepared for filing by a committee of conference
of the two Houses, and shall identify whether such bill or joint
resolution contains any limited tax benefits. The Joint Committee on
Taxation shall provide to the committee of conference a statement
identifying any such limited tax benefits or declaring that the bill or
joint resolution does not contain any limited tax benefits. Any such
statement shall be made available to any Member of Congress by the Joint
Committee on Taxation immediately upon request.
(b) Statement included in legislation
(1) Notwithstanding any other rule of the House of Representatives
or any rule or precedent of the Senate, any revenue or reconciliation
bill or joint resolution which includes any amendment to title 26
reported by a committee of conference of the two Houses may include, as
a separate section of such bill or joint resolution, the information
contained in the statement of the Joint Committee on Taxation, but only
in the manner set forth in paragraph (2).
(2) The separate section permitted under paragraph (1) shall read as
follows: ``Section 1021(a)(3) of the Congressional Budget and
Impoundment Control Act of 1974 shall ____ apply to ______.'', with the
blank spaces being filled in with--
(A) in any case in which the Joint Committee on Taxation
identifies limited tax benefits in the statement required under
subsection (a), the word ``only'' in the first blank space and a
list of all of the specific provisions of the bill or joint
resolution identified by the Joint Committee on Taxation in such
statement in the second blank space; or
(B) in any case in which the Joint Committee on Taxation
declares that there are no limited tax benefits in the statement
required under subsection (a), the word ``not'' in the first blank
space and the phrase ``any provision of this Act'' in the second
blank space.
(c) President's authority
If any revenue or reconciliation bill or joint resolution is signed
into law pursuant to Article I, section 7, of the Constitution of the
United States--
(1) with a separate section described in subsection (b)(2) of
this section, then the President may use the authority granted in
section 691(a)(3) of this title only to cancel any limited tax
benefit in that law, if any, identified in such separate section; or
(2) without a separate section described in subsection (b)(2) of
this section, then the President may use the authority granted in
section 691(a)(3) of this title to cancel any limited tax benefit in
that law that meets the definition in section 691e of this title.
(d) Congressional identifications of limited tax benefits
There shall be no judicial review of the congressional
identification under subsections (a) and (b) of this section of a
limited tax benefit in a conference report.
(Pub. L. 93-344, title X, Sec. 1027, as added Pub. L. 104-130,
Sec. 2(a), Apr. 9, 1996, 110 Stat. 1210.)
Termination of Section
For termination of section by section 5 of Pub. L. 104-130, see
Effective and Termination Dates note set out under section 691 of
this title.
References in Text
Section 1021(a)(3) of the Congressional Budget and Impoundment
Control Act of 1974, referred to in subsec. (b)(2), is classified to
section 691(a)(3) of this title.
