2 USC 935 - Calculating a sequestration

U.S Code last checked for updates: May 06, 2024

§ 935.

Calculating a sequestration

(a)

Reducing nonexempt budgetary resources by a uniform percentage

(1)

In general

(2)

Programs and activities in unified budget only

(b)

Outlay savings

In determining the amount by which a sequestration offsets a budget-year debit, OMB shall count—

(1)

the amount by which the sequestration in a crop year of crop support payments, pursuant to section 906(j) of this title, reduces outlays in the budget year and the subsequent fiscal year;

(2)

the amount by which the sequestration of Medicare payments in the 12-month period following the sequestration order, pursuant to section 906(d) of this title, reduces outlays in the budget year and the subsequent fiscal year; and

(3)

the amount by which the sequestration in the budget year of the budgetary resources of other nonexempt mandatory programs reduces outlays in the budget year and in the subsequent fiscal year.

(Pub. L. 111–139, title I, § 6, Feb. 12, 2010, 124 Stat. 16.)

cite as: 2 USC 935