S 3228 112th Congress Senate Economics and Public Finance Appropriations Budget process Congressional oversight

Sequestration Transparency Act of 2012

Introduced: May 23, 2012 Introduced by: Thune, John Republican · South Dakota See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 23, 2012

Read twice and referred to the Committee on the Budget.

May 23, 2012

Introduced in Senate

Plain-English summary Congressional Research Service

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.)

What's happening now May 23, 2012

Read twice and referred to the Committee on the Budget.

Committees of jurisdiction 1