To amend the Secure Rural Schools and Community Self-Determination Act of 2000 to exempt payments made to States and counties under such Act from any reduction pursuant to a sequestration order and to reimburse those States and counties that returned a portion of their January 2013 payment because of sequestration, and for other purposes.

To amend the Secure Rural Schools and Community Self-Determination Act of 2000 to exempt payments made to States and counties under such Act from any reduction pursuant to a sequestration order and to reimburse those States and counties that returned a portion of their January 2013 payment because of sequestration, and for other purposes. 1. Exemption of payments to States and counties under the Secure Rural Schools and Community Self-Determination Act of 2000 from sequestration orders (a) Exemption Section 403 of the Secure Rural Schools and Community Self-Determination Act of 2000 ( 16 U.S.C. 7153 (c) Exemption from sequestration Notwithstanding any other provision of law, any Presidential sequestration order issued after the date of the enactment of this subsection under part C of title II of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 900 et seq. . (b) Reimbursement of previously sequestered payments or forgiveness of repayment requirement (1) Reimbursement required Using the payment sources authorized by subsection (b)(3) of section 102 of the Secure Rural Schools and Community Self-Determination Act of 2000 ( 16 U.S.C. 7112 (A) returning to the Secretary a portion of the payment; (B) having funds deducted from other amounts due the State or county under such Act; or (C) providing some combination of returning and deducting funds. (2) Reimbursement amount The amount to be reimbursed to a State or county under paragraph (1) shall be equal to the amount repaid by the State or county as provided in such paragraph. (3) Forgiveness In the case of any State or county that did not repay, before the date of the enactment of this Act, the required portion of the payment received by the State or county during fiscal year 2013 under section 102 of the Secure Rural Schools and Community Self-Determination Act of 2000 ( 16 U.S.C. 7112

Summary: Amends the Secure Rural Schools and Community Self-Determination Act of 2000 (the Act) to exempt from any presidential sequestration order issued under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) funds made available under the Act or derived from the other authorized funding sources for the purpose of making payments to eligible states and counties containing certain federal lands (payments in lieu of federal payment of state property taxes). Directs the Secretary of the Treasury, using authorized payment sources, to reimburse each state or county that, in response to a presidential sequestration order issued during FY2013, repaid some of the payment it received during FY2013 either by: (1) returning a portion of it to the Secretary, (2) having funds deducted from other amounts due the state or county under the Act, or (3) providing some combination of returning and deducting funds. Requires the Secretary to waive the repayment requirement for any state or county that did not repay the required portion of the payment it received during FY2013 despite such order.