To permanently exempt payments made from the Railroad Unemployment Insurance Account from sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985.
Railroad Employee Equity and Fairness Act or the REEF Act
This bill permanently exempts payments made from the Railroad Unemployment Insurance Account from sequestration. Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.
Currently, this exemption ends 30 days after the termination of the COVID-19 national emergency period.
Star Print ordered on report 118-168.
Introduced in House
Introduced in House
Referred to the House Committee on the Budget.
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