Legislative procedure The procedures under section 316 shall apply to any legislative text submitted under paragraph (1), except that subsection (f)(4) of such section shall be applied by substituting three-fifths for a simple majority . (e) Membership (1) In general The joint committee shall be composed of 16 members appointed pursuant to paragraph (2). (2) Appointment Members of the joint committee shall be as follows: (A) Four members from among Members of the Senate, of which one shall be a member of the Committee on Finance and one shall be a member of the Committee on the Budget, appointed by the majority leader of the Senate. (B) Four members from among Members of the Senate, of which one shall be a member of the Committee on Finance and one shall be a member of the Committee on the Budget, appointed by the minority leader of the Senate. (C) Four members from among Members of the House of Representatives, of which one shall be a member of the Committee on Ways and Means and one shall be a member of the Committee on the Budget, appointed by the Speaker of the House of Representatives. (D) Four members from among Members of the House of Representatives, of which one shall be a member of the Committee on Ways and Means and one shall be a member of the Committee on the Budget, appointed by the Speaker of the House of Representatives after consultation with the minority leader of the House of Representatives. (3) Deadline Members of the joint committee shall be appointed not later than 15 calendar days after the date of the establishment of the joint committee under this section. Any vacancy occurring in the membership of the joint committee shall be filled in the same manner in which the original appointment was made. (4) Co-chairs Two of the appointed members of the joint committee will serve as co-chairs, one of which shall be a member of the House of Representatives and one of which shall be a member of the Senate. One co-chair shall be appointed by the Speaker of the House of Representatives and the