Restrictions on emergency designations

Section 4(g) of the Statutory Pay-As-You-Go Act of 2010 is amended— (1) in paragraph (1), by inserting after Congress so designates in statute pursuant to this section the following: and such provision satisfies the requirements of paragraph (5); (2) in paragraph (3)(B)(i), by striking three-fifths and inserting two-thirds; (3) in paragraph (3)(B)(ii), by striking three-fifths and inserting two-thirds; and (4) by adding at the end the following new paragraphs: (5) Requirements for emergency designations A provision may be designated as an emergency requirement only if the budgetary effects of such provision are— (A) sudden; (B) urgent; (C) unforeseen; (D) temporary; and (E) necessary to address a direct threat to life, public safety, national security, or significant property damage. (6) Separate designation required An emergency designation under this subsection shall apply only to the specific provision expressly designated as an emergency requirement and shall not apply to an entire Act, title, subtitle, division, or amendment unless each affected provision is separately designated. (7) Expiration Any emergency designation shall expire not later than 24 months after the date of the enactment. Any provision designated as an emergency requirement that continues beyond such period shall thereafter be subject to the requirements of this title. (8) OMB justification Not later than 14 days after the date of the enactment of any Act containing an emergency designation, the Director of the Office of Management and Budget shall publish a written justification for such designation, including an explanation of how the provision satisfies each requirement under paragraph (5)..