100 STAT. 3288 38 USC 1700 et
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PUBLIC LAW 99-576—OCT. 28, 1986
"(5) Benefits under chapter 35 of this title, relating to educational assistance for survivors and dependents of certain veterans with service-connected disabilities (but only with respect to fiscal year 1987). "(b) The following accounts of the Veterans' Administration shall be exempt from sequestration or reduction under part C of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901 et seq.) or any other sequestration law and shall not be included in any report specifying reductions in Federal spending: Insurance. "(1) The following life insurance accounts: "(A) The National Service Life Insurance Fund authorized by section 720 of this title.
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"(B) The Service-Disabled Veterans Insurance Fund authorized by section 722 of this title. "(C) The Veterans Special Life Insurance Fund authorized by section 723 of this title. "(D) The Veterans Reopened Insurance Fund authorized by section 725 of this title. "(E) The United States Government Life Insurance Fund
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I ft authorized by section 755 of this title. >? "(F) The Veterans Insurance and Indemnity appropriation authorized by section 719 of this title. ' "(2) The following revolving fund accounts: "(A) The Veterans' Administration Special Therapeutic and Rehabilitation Activities Fund established by section ' 618(c) of this title. "(B) The Veterans' Canteen Service revolving fund authorized by section 4204 of this title. "(c)(1) A benefit under section 901, 902, 903, 906, or 908 of this title that is subject to reduction under a sequestration order or sequestration law shall be paid in accordance with the rates determined under the sequestration order or law (if any) in effect on the date of the death of the veteran concerned. "(2) A benefit paid to, or on behalf of, an eligible veteran for pursuit of a program of education or training under chapter 30, 34, 38 USC 1401 et or 36 of this title that is subject to a sequestration order or a seq., 1651 et seq., sequestration law shall be paid in accordance with the rates deter1770 et seq. mined under the sequestration order or law (if any) in effect during the period of education or training for which the benefit is paid. "(3) In implementation of a sequestration order or law with respect to each account from which a benefit described in paragraph (1) or (2) of this subsection is paid (including the making of determinations of the amounts by which such benefits are to be reduced), the total of the amounts (as estimated by the Administrator after ' consultation with the Director of the Congressional Budget Office) by which payments of such benefit will be reduced by reason of such paragraph after the last day of the period during which such order or law is in effect shall be deemed to be additional reductions in the payments of such benefit made, and in new budget authority for such payments, during such period. ' "(d) In computing the amount of new budget authority by which a budget account of the Veterans' Administration is to be reduced for .' a fiscal year under a joint report of the Directors of the Office of Management and Budget and the Congressional Budget Office, or under an order of the President under part C of the Balanced Budget and Emergency Deficit Control Act of 1985, the base from which the amount of the reduction for such account is determined
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