To rescind earmarks designated in the Intelligence Authorization Act for Fiscal Year 2008.

Prohibits funds from being obligated or otherwise made available for an item (earmark) listed in the joint explanatory statement accompanying the conference report on H.R. 2082 (Intelligence Authorization Act for Fiscal Year 2008) of the 110th Congress (H. Rept. 110-478) in compliance with Rule XXI (Restrictions on Certain Bills) of the Rules of the House of Representatives and Rule XLIV (Congressionally Directed Spending and Related Items) of the Standing Rules of the Senate, unless the President certifies that amounts would be obligated for such item without regard to its appearance in such statement. (Thus, rescinds earmarks designated in such Act.)