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Senate Bill 4860
116th Congress(2019-2020)
REEF Act
Introduced
Introduced
Introduced in Senate on Oct 26, 2020
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Text
Introduced in Senate 
Oct 26, 2020
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Introduced in Senate(Oct 26, 2020)
Oct 26, 2020
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 4860 (Introduced-in-Senate)


116th CONGRESS
2d Session
S. 4860


To exempt payments made from the Railroad Unemployment Insurance Account from sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985.

IN THE SENATE OF THE UNITED STATES

October 26 (legislative day, October 19), 2020

Mr. Portman (for himself and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on the Budget

A BILL

To exempt payments made from the Railroad Unemployment Insurance Account from sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short titles.

This Act may be cited as the “Railroad Employee Equity and Fairness Act” or the “REEF Act”.

SEC. 2. Treatment of payments from the Railroad Unemployment Insurance Account.

(a) In general.—Section 256(i)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 906(i)(1)) is amended—

(1) in subparagraph (B), by striking “and” at the end;

(2) in subparagraph (C), by inserting “and” at the end; and

(3) by inserting after subparagraph (C) the following new subparagraph:

“(D) any payment made from the Railroad Unemployment Insurance Account (established by section 10 of the Railroad Unemployment Insurance Act) for the purpose of carrying out the Railroad Unemployment Insurance Act, and funds appropriated or transferred to or otherwise deposited in such Account,”.

(b) Effective date.—The treatment of payments made from the Railroad Unemployment Insurance Account pursuant to the amendment made by subsection (a) shall take effect 7 days after the date of enactment of this Act and shall apply only to obligations incurred on or after such effective date for such payments.