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H.R.699: Stop the Sequester Job Loss Now Act

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about economics and public finance
You can read the bill
Sponsor Chris Van Hollen, D-Md.
Total Cosponsors 20 (All Democrats)
Introduced Feb. 14, 2013
Latest Major Action March 1, 2013
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Stop the Sequester Job Loss Now Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to repeal the FY2013 sequester and reduce the FY2014 sequester.

Eliminates the 2% maximum permissible reduction in budget authority for veterans' medical care.

Extends through FY2014 agricultural commodity programs generally under the Food, Conservation, and Energy Act of 2008, but not the direct payment programs for wheat, corn, grain sorghum, barley, oats, upland cotton, long and medium grain rice, soybeans, other oilseeds, and peanuts.

Amends the Internal Revenue Code, with respect to deductions from income, to set a special rule that a major integrated oil company's domestic production gross receipts shall not include any gross receipts from the production, refining, processing, transportation, or distribution of oil, natural gas, or any of their primary products.

Prohibits a major integrated oil company from using ...

(Source: Congressional Research Service)

Bill Actions

Date Description
March 1, 2013 Referred to the Subcommittee on General Farm Commodities and Risk Management.
Feb. 14, 2013 Referred to House Agriculture
Feb. 14, 2013 Referred to House Budget
Feb. 14, 2013 Referred to House Ways and Means