Page:United States Statutes at Large Volume 111 Part 3.djvu/649

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CONCURRENT RESOLUTIONS-JUNE 5, 1997 111 STAT. 2737 or revenue provisions within that transportation bill, (ii) the net reduction in other direct spending and revenue legislation (for purposes of such offset) that is enacted during this Congress after the date of adoption of this resolution and before such transportation bill is reported (in excess of the levels assumed in this resolution), or (iii) a combination of the offsets specified in clauses (i) and (ii). (D) As used in this section, the term "direct spending" has the meaning given to such term in section 250(c)(8) of the Balanced Budget and Emergency Deficit Control Act of 1985. (c) REVISED LEVELS. — (1) After the Committee on Transportation and Infrastructure of the House reports a bill (or after the submission of a conference report thereon) meeting the conditions set forth in subsection (b)(2), the chairman of the Committee on the Budget of the House shall increase the allocation of new budget authority to that committee by the amount of new budget authority provided in that bill (and that is above the levels set forth in subsection (b)(2)(A)) for programs authorized out of the highway trust fund. (2) After the enactment of the transportation bill described in paragraph (1) and after the reporting of a general, supplemental, or continuing resolution making appropriations by the Committee on Appropriations of the House (or after the submission of a conference report thereon) establishing an obligation limitation above the levels specified in subsection (b)(2)(A) (at a level sufficient to obligate some or all of the budget authority specified in paragraph (1)), the chairman of the Committee on the Budget of the House shall increase the allocation and aggregate levels of outlays to that committee for the appropriate fiscal years. (d) OFFSETTING ADJUSTMENTS.— Upon the enactment of legislation providing offsets pursuant to subsection (c), the chairman of the Committee on the Budget shall make offsetting adjustments in the appropriate allocations and aggregates. (e) DEFINITION. — As used in this section, the term "highway trust fund" refers to the following budget accounts (or any successor accounts): (1) 69-8083 -0 -7-401 (Federal-Aid Highways). (2) 69-8191-0 -7 -401 (Mass Transit Capital Fund). (3) 69-8350 -0 -7-401 (Mass Transit Formula Grants). (4) 69-8016-0 -7 -401 (National Highway Traffic Safety Administration-Operations and Research). (5) 69-8020-0 -7 -401 (Highway Traffic Safety Grants). (6) 69-8048-0 -7 -401 (National Motor Carrier Safety Program). SEC. 211. SALE OF GOVERNMENT ASSETS. (a) LIMITATION. —Subsections (b) through (d) of this section shall not apply to the sale of any asset resulting from the enactment of any reconciliation bill referred to in section 104 or 105 of this resolution. (b) BUDGETARY TREATMENT. — (1) IN GENERAL.— For the purpose of this concurrent resolution on the budget and the Congressional Budget Act of 1974, no amounts realized from the sale of an asset shall be scored with respect to the level of budget authority, outlays, or reve-