[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5872 Placed on Calendar Senate (PCS)]

                                                       Calendar No. 471
112th CONGRESS
  2d Session
                                H. R. 5872


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 19, 2012

                     Received; read the first time

                             July 23, 2012

            Read the second time and placed on the calendar

_______________________________________________________________________

                                 AN ACT


 
 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.--Not later than 30 days after the date of enactment 
of this Act, 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 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 pursuant to a continuing 
                resolution at a rate of operations as provided in the 
                applicable appropriation Act for fiscal year 2012 of 
                the level of sequestrable budgetary resources and 
                resulting reductions at the program, project, and 
                activity level;
            (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; and
                    (B) an identification of the reductions required 
                for each nonexempt direct spending account at the 
                program, project, and activity level;
            (3) an identification of all exempt discretionary accounts 
        and of all exempt direct spending accounts; and
            (4) any other data and explanations that enhance public 
        understanding of the sequester and actions to be taken under 
        it.
    (c) Agency Assistance.--(1) Upon the request of the Director of the 
Office of Management and Budget (in assisting the President in the 
preparation of the report under subsection (a)), the head of each 
agency, after consultation with the chairs and ranking members of the 
Committees on Appropriations of the House of Representatives and the 
Senate, shall promptly provide to the Director information at the 
program, project, and activity level necessary for the Director to 
prepare the report under subsection (a).
    (2) As used in this subsection, the term ``agency'' means any 
executive agency as defined in section 105 of title 5, United States 
Code.

            Passed the House of Representatives July 18, 2012.

            Attest:

                                                 KAREN L. HAAS,

                                                                 Clerk.
                                                       Calendar No. 471

112th CONGRESS

  2d Session

                               H. R. 5872

_______________________________________________________________________

                                 AN ACT

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

_______________________________________________________________________

                             July 23, 2012

            Read the second time and placed on the calendar