US Congress House Bill 4966 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 27 2012 - 25% progression, died in chamber
Action: 2012-05-09 - Placed on the Union Calendar, Calendar No. 329.
Text: Latest bill text (Introduced) [PDF]

Sequester Replacement Act of 2012 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to remove veterans medical care from the accounts subject to a sequester. Abolishes the distinction between security and nonsecurity categories of discretionary spending for new budget authority in FY2013. Combines the dollar amounts of the current categories ($686 billion for the security category and $361 billion for the nonsecurity category) into a single amount of $1.047 trillion in new budget authority. Revises sequestration requirements for FY2013 to require a $19.104 billion across-the-board decrease in the discretionary spending category as of January 2, 2013. Directs the Office of Management and Budget (OMB) to issue a supplemental sequestration report for FY2013 to eliminate any discretionary spending breach of the $1.047 trillion spending limit, as adjusted by the $19.104 billion across-the-board reduction requirement of this Act. Directs the President to order a sequestration, if any, as required by such report. Amends the Congressional Budget Act of 1974 to authorize the chair of the Committee on the Budget of the House of Representatives or the Senate to make adjustments to any legislative measure to conform to the discretionary spending limits of this Act. Nullifies any sequestration order the President may issue under the Gramm-Rudman-Hollings Act to carry out reductions to direct spending for the FY2013 defense function (050).

Sequester Replacement Act of 2012

Rep. Paul Ryan [R-WI]

Date	Chamber	Action
2012-05-09	House	Placed on the Union Calendar, Calendar No. 329.
2012-05-09	House	Committee on Rules discharged.
2012-05-09	House	Reported (Amended) by the Committee on Budget. H. Rept. 112-469, Part I.
2012-05-07	House	Ordered to be Reported (Amended) by Voice Vote.
2012-05-07	House	Committee Consideration and Mark-up Session Held.
2012-04-27	House	Referred to House Rules
2012-04-27	House	Referred to House Budget
2012-04-27	House	Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

HB5652 (Related) 2012-05-15 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 398.
HB6688 (Related) 2012-12-19 - Referred to House Rules

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/4966/all-info
Text	https://www.congress.gov/112/bills/hr4966/BILLS-112hr4966ih.pdf
Text	https://www.congress.gov/112/bills/hr4966/BILLS-112hr4966rh.pdf