Title I of the legislation would provide funding for federal agencies to prevent, prepare for, and respond to the coronavirus pandemic. Title II would rescind or repurpose about $10,465 million in unobligated balances from a variety of accounts and specify requirements for the budgetary treatment of section 1206 and sections 1209 through 1211. In keeping with those requirements, and at the direction of the Senate Committee on the Budget, those four sections are considered authorizing legislation rather than appropriation legislation. As a result, the estimated budgetary effects of section 1206 and sections 1209 through 1211 are subject to pay-as-you-go procedures. However, section 1206 also requires the estimated budgetary effects stemming from that section to be excluded from the pay-as-you-go scorecards maintained by the Senate and the Office of Management and Budget.
Section 1204 would designate the budgetary effects of the legislation as emergency requirements, in keeping with section 4001(a)(1) and section 4001(b) of S. Con. Res. 14 (117th Congress), the concurrent resolution on the budget for fiscal year 2022. In consultation with the Senate Budget Committee, that designation would not apply to section 1206 or sections 1209 through 1211.