1. Short title
This Act may be cited as the “Sequestration Flexibility Act of 2013”.
Sequestration Flexibility Act of 2013
A BILL
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to allow intraagency transfers of funds to provide more flexibility for the agency to comply with a presidential sequestration order for fiscal year 2013 or 2014.
2. Transfer authority
Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901a) is amended by adding at the end the following new paragraph:
“(12) Transfer authority for fiscal year 2013 and 2014 appropriations—The head of any department or agency of the Government may transfer amounts within that department or agency for fiscal year 2013 or for fiscal year 2014 in order to lessen the effect of a presidential sequestration order for that fiscal year on any program, project, or activity within that department or agency, but no such transfer may cause any account to be at a higher level than it was before such sequestration.”
3. Congressional notice
Not later than 15 days after any transfer under section 1, the head of any department or agency making any such transfer shall submit to the committees of the House of Representatives and the Senate with subject matter jurisdiction over such department or agency a report setting forth a description of the transfer, including the amount of the transfer and the accounts from and to which the funds were transferred.