US Congress Senate Bill 2777 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on April 26 2018 - 25% progression, died in committee
Action: 2018-04-26 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]

A bill to exempt State and county payments under the Gulf of Mexico Energy Security Act of 2006 from sequestration. This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to exempt from sequestration payments to states under provisions of the Gulf of Mexico Energy Security Act of 2006 that require certain revenues from oil and gas leases in the Gulf of Mexico to be disbursed to Gulf producing states (Alabama, Louisiana, Mississippi, and Texas) and coastal political subdivisions of the states. (Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.)

A bill to exempt State and county payments under the Gulf of Mexico Energy Security Act of 2006 from sequestration.

Sen. Bill Cassidy [R-LA]

Sen. John Kennedy [R-LA]

Date	Chamber	Action
2018-04-26	Senate	Read twice and referred to the Committee on the Budget.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/2777/all-info
Text	https://www.congress.gov/115/bills/s2777/BILLS-115s2777is.pdf