S. 4860, Railroad Employee Equity and Fairness Act
Summary
S. 4860, the Railroad Employee Equity and Fairness Act (REEF Act), was introduced in the Senate of the United States in 2020 by Mr. Portman and Ms. Klobuchar. It was read twice and referred to the Committee on the Budget. The bill would exempt payments made from the Railroad Unemployment Insurance Account from sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985. The treatment would take effect 7 days after enactment and apply only to obligations incurred on or after that effective date for such payments.
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Cite this document
“S. 4860, Railroad Employee Equity and Fairness Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s4860is-bills-116s4860is/
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II
116TH CONGRESS
2D SESSION
S. 4860
To exempt payments made from the Railroad Unemployment Insurance Ac-
count 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 Bal-
anced Budget and Emergency Deficit Control Act of
1985.
1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLES.
4 This Act may be cited as the ‘‘Railroad Employee Eq-
5 uity and Fairness Act’’ or the ‘‘REEF Act’’.
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1 SEC. 2. TREATMENT OF PAYMENTS FROM THE RAILROAD
2 UNEMPLOYMENT INSURANCE ACCOUNT.
3 (a) IN GENERAL.—Section 256(i)(1) of the Balanced
4 Budget and Emergency Deficit Control Act of 1985 (2
5 U.S.C. 906(i)(1)) is amended—
6 (1) in subparagraph (B), by striking ‘‘and’’ at
7 the end;
8 (2) in subparagraph (C), by inserting ‘‘and’’ at
9 the end; and
10 (3) by inserting after subparagraph (C) the fol-
11 lowing new subparagraph:
12 ‘‘(D) any payment made from the Railroad Un-
13 employment Insurance Account (established by sec-
14 tion 10 of the Railroad Unemployment Insurance
15 Act) for the purpose of carrying out the Railroad
16 Unemployment Insurance Act, and funds appro-
17 priated or transferred to or otherwise deposited in
18 such Account,’’.
19 (b) EFFECTIVE DATE.—The treatment of payments
20 made from the Railroad Unemployment Insurance Ac-
21 count pursuant to the amendment made by subsection (a)
22 shall take effect 7 days after the date of enactment of this
23 Act and shall apply only to obligations incurred on or after
24 such effective date for such payments.
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•S 4860 IS
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