H.R.6716 - To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the sequestrations for fiscal year 2013.112th Congress (2011-2012)
|Sponsor:||Rep. Dicks, Norman D. [D-WA-6] (Introduced 12/30/2012)|
|Committees:||House - Budget|
|Latest Action:||12/30/2012 Referred to the House Committee on the Budget.|
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Summary: H.R.6716 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (12/30/2012)
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to eliminate automatic sequestrations for FY2013.
(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 is enacted by January 15, 2012.)
Prohibits the President from issuing a sequestration order to carry out any sequestration that the Director of the Office of Management and Budget (OMB) estimates is required for FY2013.