Sequestration Flexibility Act of 2013

Bill: 113-hr-816
Sponsor: full_name: Rep. Ribble, Reid J. [R-WI-8]
Introduced: 2013-02-25
Policy area: Economics and Public Finance
Subjects: Appropriations

Budget deficits and national debt

Congressional oversight

Executive agency funding and structure
Latest action: action_date: 2013-02-25
text: Referred to the House Committee on the Budget.

Summaries:
action_date: 2013-02-25
action_desc: Introduced in House
text: <p>Sequestration Flexibility Act of 2013 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to authorize the head of any federal department or agency to transfer amounts within that department or agency for FY2013 or for FY2014 in order to lessen the effect of a presidential sequestration order for that fiscal year on such entity's program, project, or activity. Prohibits such transfer from causing any account to be at a higher level than it was before such sequestration.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 816 IN THE HOUSE OF REPRESENTATIVES February 25, 2013 Mr. Ribble (for himself, Mr. Mulvaney , Mr. Rice of South Carolina , Mr. Petri , and Mr. McKinley ) introduced the following bill; which was referred to the Committee on the Budget A BILL To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to allow intraagency transfers of funds to provide more flexibility for the agency to comply with a presidential sequestration order for fiscal year 2013 or 2014.

1. Short title This Act may be cited as the Sequestration Flexibility Act of 2013 . 2. Transfer authority Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901a ) is amended by adding at the end the following new paragraph: (12) Transfer authority for fiscal year 2013 and 2014 appropriations The head of any department or agency of the Government may transfer amounts within that department or agency for fiscal year 2013 or for fiscal year 2014 in order to lessen the effect of a presidential sequestration order for that fiscal year on any program, project, or activity within that department or agency, but no such transfer may cause any account to be at a higher level than it was before such sequestration. . 3. Congressional notice Not later than 15 days after any transfer under section 1, the head of any department or agency making any such transfer shall submit to the committees of the House of Representatives and the Senate with subject matter jurisdiction over such department or agency a report setting forth a description of the transfer, including the amount of the transfer and the accounts from and to which the funds were transferred.