An original bill to provide guidance for the designation of emergencies as a part of the budget process.

[AI summary unavailable — showing source text] Amends the Congressional Budget Act of 1974 to require that, in making a designation of a provision of legislation as an emergency requirement under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act): (1) the President shall submit a message to the Congress analyzing whether it meets certain emergency criteria; and (2) the committee report and any statements accompanying the legislation shall analyze whether it meets such criteria. Includes among such criteria determinations as to whether a proposed expenditure or tax change is: (1) necessary; (2) sudden; (3) a compelling need requiring immediate action; (4) unforeseen; and (5) temporary. Requires the President or committee report to provide a written justification of why a requirement should be accorded emergency status if it does not meet such criteria. Provides that if a point of order is sustained against a provision designated as an emergency requirement, that provision and the language making the designation shall be stricken from the measure and may not be offered as a floor amendment.…