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Code · BILL · 113th Congress · S. 278 (Introduced in Senate) — To replace the Budget Control Act sequester for fiscal year 2013 by eliminating tax loopholes. · Sec. 101

Sec. 101. No sequestration for 2013

141 words·~1 min read·/bill/113/s/278/is/section-101·

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Section 251A(3)(E) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901a(3)(E)) is amended by striking $24,000,000,000 and inserting $109,300,000,000 . Section 901(e) of the American Taxpayer Relief Act of 2012 ( Public Law 112–240 ) is repealed. Section 251A of the Balanced Budget and Emergency Deficit Control Act ( 2 U.S.C. 901a ) is amended— in paragraph (4), by striking On March 1, 2013, for fiscal year 2013, and in and inserting In ; in paragraph (5), by striking 2013 and inserting 2014 ; in paragraph (6), by striking 2013 and inserting 2014 ; and in paragraph (7)— by striking and all that follows through reductions .— On the date of the submission and inserting ; and reductions .—On the date of the submission by redesignating clauses
(i)and
(ii)as subparagraphs
(A)and (B), respectively.
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  • Pub. L. 112-240
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Sec. 101
No sequestration for 2013
Pub. L.Pub. L. 112-240
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