S.3228 - Sequestration Transparency Act of 2012

A bill to require the President to provide a report detailing the sequester required by the Budget Control Act of 2011 on January 2, 2013. view all titles (2)

All Bill Titles

  • Official: A bill to require the President to provide a report detailing the sequester required by the Budget Control Act of 2011 on January 2, 2013. as introduced.
  • Short: Sequestration Transparency Act of 2012 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/23/12
 
 
 
 
 
 
 

Sponsor

Senator

John Thune

R-SD

View Co-Sponsors (33)

Official Summary

Sequestration Transparency Act of 2012 - Requires the President on July 9, 2012, to submit to Congress a detailed report on the implementation of certain discretionary reductions (in security and nonsecurity categories) and nonexempt direct spending reductions in the sequestration ordered b

Official Summary

Sequestration Transparency Act of 2012 - Requires the President on July 9, 2012, to submit to Congress a detailed report on the implementation of certain discretionary reductions (in security and nonsecurity categories) and nonexempt direct spending reductions in the sequestration ordered by the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) for FY2013 on January 2, 2013. (The Gramm-Rudman-Hollings Act was amended by the Budget Control Act of 2011 to revise the discretionary spending limits and reduce the discretionary appropriations and direct spending specified in the Gramm-Rudman-Hollings Act unless a joint committee bill achieving an amount greater than $1.2 trillion in deficit reduction would be enacted by January 15, 2012.)

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