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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
2/7/1984--Introduced. Line Item Veto and Appropriation Rescission Act of 1984 - Permits the President to rescind any line item appropriation which he determines will not be required to carry out the full objectives or scope of programs for which it is provided. Permits such a rescission for general fiscal policy or other reasons as well. Requires the President to transmit a specified report to Congress before actually effecting such a rescission. Permits the Congress to enact legislation disapproving such rescission or line item veto appropriations.