Sequestration Transparency Act of 2012
Public Law 112–155
Sequestration Transparency Act of 2012
155
112–155
Statute Compilation
United States House of Representatives
Office of the Legislative Counsel
text/xml
EN
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2021-10-15
Sequestration Transparency Act of 2012
9946
112
2012-08-07
Sequestration Transparency Act of 2012
[(Public Law 112–155)]
[This law has not been amended]
[Currency: This publication is a compilation of the text of Public Law 112-155. It was last amended by the public law listed in the As Amended Through note above and below at the bottom of each page of the pdf version and reflects current law through the date of the enactment of the public law listed at https://www.govinfo.gov/app/collection/comps/]
[Note: While this publication does not represent an official version of any Federal statute, substantial efforts have been made to ensure the accuracy of its contents. The official version of Federal law is found in the United States Statutes at Large and in the United States Code. The legal effect to be given to the Statutes at Large and the United States Code is established by statute (1 U.S.C. 112, 204).]
AN ACTTo 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.