Concurrent Resolution on the Budget for Fiscal Year 2018
SEC. 2001. RECONCILIATION IN THE SENATE.
(a) Committee on Finance.—The Committee on Finance of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $1,500,000,000,000 for the period of fiscal years 2018 through 2027.
(b) Committee on Energy and Natural Resources.—The Committee on Energy and Natural Resources of the Senate shall report changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2018 through 2027.
(c) Submissions.—In the Senate, not later than November 13, 2017, the Committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the Senate. Upon receiving such recommendations, the Committee on the Budget of the Senate shall report to the Senate a reconciliation bill carrying out all such recommendations without any substantive revision.
Though the Senate included instructions to two Committees, the House only directed the Ways and Means Committee to report a reconciliation bill. By only instructing one committee, the House skipped the step of the Budget Committee binding multiple submissions together and reporting it out. The Senate, however, went through the motions of doing so with the two committees given instructions by this section. The resolution, S. 1 (115th Congress). The tax component of the bill was the basis for the conference committee on the bill H.R. 1 (115th Congress).
[BCR § 010.43]