[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 4860 Introduced in Senate (IS)]

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116th CONGRESS
  2d Session
                                S. 4860

   To exempt payments made from the Railroad Unemployment Insurance 
  Account from sequestration under the Balanced Budget and Emergency 
                      Deficit Control Act of 1985.


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                   IN THE SENATE OF THE UNITED STATES

             October 26 (legislative day, October 19), 2020

 Mr. Portman (for himself and Ms. Klobuchar) introduced the following 
 bill; which was read twice and referred to the Committee on the Budget

_______________________________________________________________________

                                 A BILL


 
   To exempt payments made from the Railroad Unemployment Insurance 
  Account from sequestration under the Balanced Budget and Emergency 
                      Deficit Control Act of 1985.

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

SECTION 1. SHORT TITLES.

    This Act may be cited as the ``Railroad Employee Equity and 
Fairness Act'' or the ``REEF Act''.

SEC. 2. TREATMENT OF PAYMENTS FROM THE RAILROAD UNEMPLOYMENT INSURANCE 
              ACCOUNT.

    (a) In General.--Section 256(i)(1) of the Balanced Budget and 
Emergency Deficit Control Act of 1985 (2 U.S.C. 906(i)(1)) is amended--
            (1) in subparagraph (B), by striking ``and'' at the end;
            (2) in subparagraph (C), by inserting ``and'' at the end; 
        and
            (3) by inserting after subparagraph (C) the following new 
        subparagraph:
            ``(D) any payment made from the Railroad Unemployment 
        Insurance Account (established by section 10 of the Railroad 
        Unemployment Insurance Act) for the purpose of carrying out the 
        Railroad Unemployment Insurance Act, and funds appropriated or 
        transferred to or otherwise deposited in such Account,''.
    (b) Effective Date.--The treatment of payments made from the 
Railroad Unemployment Insurance Account pursuant to the amendment made 
by subsection (a) shall take effect 7 days after the date of enactment 
of this Act and shall apply only to obligations incurred on or after 
such effective date for such payments.
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