; (2) covering the same time periods as the analysis described in subsection (b); and (3) after taking into account the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such legislation. (d) Major tax legislation For purposes of this section, the term major tax legislation means any legislation if the estimate provided by the Joint Committee on Taxation to the Director of the Congressional Budget Office under section 201(f) of the Congressional Budget Act of 1974 with respect to such legislation incorporates the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such legislation. (e) Annual updates In the case of any major tax legislation to which subsection (a) applies and which is enacted into law, the Joint Committee on Taxation shall annually (with respect to each of the 10 fiscal years beginning after the date of the enactment of such legislation) submit to Congress revised estimates of the information described in subsection (a) with respect to such law as so enacted.