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118-hr-2785Committee
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REEF Act

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Summary

Official CRS summary

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.

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Bill details

Congress
118
Bill type
hr
Introduced
April 20, 2023
Sponsor
Not yet available
Last action
April 20, 2023— Referred to the House Committee on the Budget.

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