[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5872 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 5872

 To require the President to provide a report detailing the sequester 
     required by the Budget Control Act of 2011 on January 2, 2013.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 31, 2012

 Mr. Hensarling (for himself, Mr. Ryan of Wisconsin, Mr. Chaffetz, Mr. 
  Smith of Texas, Mr. Young of Indiana, Mr. Cravaack, Mr. Huizenga of 
 Michigan, Mr. Rigell, Mrs. Black, Mr. Akin, Mr. Quayle, Mr. Price of 
 Georgia, Mr. Miller of Florida, Mr. Cole, Mr. Walsh of Illinois, Mr. 
  Calvert, Mrs. Adams, Mr. Lankford, Mr. McKeon, Mr. Farenthold, Mr. 
 West, Mr. Ross of Florida, Mr. King of Iowa, Mr. LoBiondo, Mr. Turner 
   of Ohio, Mr. Thornberry, Mr. Olson, Mr. Canseco, Mr. Latta, Mrs. 
Hartzler, Mrs. Myrick, Mr. Brady of Texas, Mr. Rokita, Mr. Cassidy, Mr. 
    Conaway, Mr. Ribble, Mr. Franks of Arizona, Mr. Wilson of South 
   Carolina, Mr. Brooks, and Mr. Griffin of Arkansas) introduced the 
   following bill; which was referred to the Committee on the Budget

_______________________________________________________________________

                                 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Sequestration Transparency Act of 
2012''.

SEC. 2. SEQUESTER PREVIEW.

    (a) In General.--On July 9, 2012, the President shall submit to 
Congress a detailed report on the sequestration required to be ordered 
by paragraphs (7)(A) and (8) of section 251A of the Balanced Budget and 
Emergency Deficit Control Act of 1985 (2 U.S.C. 901a) for fiscal year 
2013 on January 2, 2013.
    (b) Contents of Report.--The report required by subsection (a) 
shall include--
            (1) for discretionary appropriations--
                    (A) an estimate for each category of the 
                sequestration percentages and amounts necessary to 
                achieve the required reduction; and
                    (B)(i) for accounts that are funded pursuant to an 
                enacted regular appropriation bill for fiscal year 
                2013, an identification of each account to be 
                sequestered and estimates of the level of sequestrable 
                budgetary resources and resulting outlay reductions at 
                the program, project, and activity level based upon the 
                enacted level of appropriations; and
                    (ii) for accounts that have not been funded 
                pursuant to an enacted regular appropriation bill for 
                fiscal year 2013, an identification of each account to 
                be sequestered and estimates of the level of 
                sequestrable budgetary resources and resulting outlay 
                reductions at the program, project, and activity level 
                based upon the level of appropriations that would be 
                available under a current rate continuing resolution;
            (2) for direct spending--
                    (A) an estimate for the defense and nondefense 
                functions based on current law of the sequestration 
                percentages and amount necessary to achieve the 
                required reduction;
                    (B) an identification of the reductions required 
                for each nonexempt direct spending account at the 
                program, project, and activity level; and
                    (C) an identification of exempt direct spending 
                accounts at the program, project, and activity level; 
                and
            (3) any other data and explanations that enhance public 
        understanding of the sequester and actions to be taken under 
        it.
                                 <all>