Summary: Sequester Replacement Reconciliation Act of 2012 - Title I: Agriculture - Agricultural Reconciliation Act of 2012 - (Sec. 102) Amends the American Recovery and Reinvestment Act of 2009 to terminate the increase in the value of supplemental nutrition assistance program (SNAP, formerly the food stamp program) benefits for Puerto Rico and American Samoa on June 30, 2012. (Sec. 103) Amends the Food and Nutrition Act of 2008 to limit categorical SNAP eligibility to households receiving specified other program benefits in cash. (Sec. 104) Eliminates the requirement that a state agency using a standard utility allowance provide such allowance to a household that receives assistance under the Low Income Home Energy Assistance Act of 1981 or other energy assistance program if such household incurs out-of-pocket heating or cooling expenses exceeding such assistance. (Sec. 105) Eliminates: (1) administrative cost sharing to states for certain employment and training programs, (2) state bonus programs for effective SNAP administration, and (3) indexing for the nutrition education and obesity prevention grant program. (Sec. 107) Reduces FY2013 funding for employment and training programs. (Sec. 109) Authorizes FY2013 appropriations to carry out the Food and Nutrition Act of 2008. (Sec. 110) States that: (1) this title and the amendments made by this title shall take effect on October 1, 2012, and shall apply only with respect to certification periods that begin on or after such date; and (2) section 107 and the amendments made by sections 102, 103, 104, and 109 shall take effect on the date of the enactment of this Act and shall apply only with respect to certification periods that begin on or after such date. Title II: Committee on Energy and Commerce - (Sec. 201) Amends the Patient Protection and Affordable Care Act (PPACA) to repeal provisions: (1) appropriating funds to the Secretary of Health and Human Services (HHS) to award grants to states for activities (including planning activities) related to establishing an American Health Benefit Exchange (a state health insurance exchange), (2) establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs), and (3) appropriating funds for the establishment and operation of the Consumer Operated and Oriented Plan (CO-OP) program (designed to foster the creation of qualified nonprofit health insurance issuers to offer qualified health plans in the individual and small group markets). Rescinds any unobligated balance appropriated under such provisions. (Sec. 211) Amends title XIX (Medicaid) of the Social Security Act (SSA) to: (1) extend the reduction of the threshold level of permissible state taxes on health care providers before federal funding to the state for Medicaid is reduced; (2) reduce the state disproportionate share hospital (DSH) allotment for FY2022; and (3) repeal provisions prohibiting states from reducing eligibility levels for Medicaid. (Sec. 213) Amends title XXI (State Children's Health Insurance Program) (CHIP, formerly known as SCHIP) of SSA to repeal provisions prohibiting states from reducing eligibility levels for CHIP. (Sec. 214) Repeals provisions that increased Medicaid payments to territories though FY2019. Decreases the federal medical assistance percentage (FMAP) for Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands, and American Samoa. (Sec. 215) Repeals provisions providing bonus payments to states for enrollment and retention programs for children covered under Medicaid and CHIP. Title III: Financial Services - Subtitle A: Orderly Liquidation Fund - (Sec. 311) Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) to repeal authority for: (1) judicial procedures for the orderly liquidation of certain financial companies, and (2) the Orderly Liquidation Fund. Subtitle B: Home Affordable Modification Program - HAMP Termination Act of 2012 - (Sec. 323) Amends the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury (Secretary) from providing assistance under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative. Exempts from this prohibition assistance provided on behalf of homeowners to whom an offer to participate in HAMP was provided before enactment of this Act. Prohibits certain unobligated funds from being made available under HAMP. Restricts the use of such funds solely to federal budget deficit reduction. Directs the Secretary to: (1) study the extent of usage of HAMP by, and its impact upon, covered homeowners; and (2) publish on the Department of the Treasury website that HAMP has been terminated. (Sec. 324) Declares that Congress encourages banks to work with homeowners to: (1) provide loan modifications to those that are eligible, and (2) assist with foreclosure prevention programs and information on loan modifications. Subtitle C: Bureau of Consumer Financial Protection - (Sec. 331) Amends the Consumer Financial Protection Act of 2010 to repeal the requirement for an annual transfer of funds from the Board of Governors of the Federal Reserve System to the Consumer Financial Protection Bureau (CFPB). Repeals: (1) the Consumer Financial Protection Fund, (2) the Victims Relief Fund, and (3) the authorization of appropriations and requirement for an annual report. Authorizes appropriations for FY2012-FY2013. Subtitle D: Flood Insurance Reform - Flood Insurance Reform Act of 2012 - (Sec. 342) Amends the National Flood Insurance Act of 1968 (NFIA) to extend through FY2016 the financing for National Flood Insurance Program (Program in this subtitle). (Sec. 343) Amends the Flood Disaster Protection Act of 1973 (FDPA) to authorize the Administrator of the Federal Emergency Management Agency (FEMA) to suspend temporarily the mandatory flood insurance purchase requirement for areas designated as having special flood hazards, if they meet certain eligibility requirements. Requires a lender or servicer who receives confirmation of a borrower's existing flood insurance coverage to terminate force-placed insurance and to refund all force-placed insurance premiums and related fees. Requires each federal entity for lending regulation to direct regulated lending institutions to accept private flood insurance if it meets federal flood insurance requirements. (Sec. 344) Amends NFIA to prescribe minimum annual flood insurance deductibles for subsidized and actuarial rate properties. Sets forth a formula for indexing maximum coverage limits. Authorizes optional coverage of loss of use of personal residence and business interruption. Requires flood insurance regulations to allow payment of flood insurance premiums in installments. Requires a new flood insurance policy on a property affected by a flood in progress during the 30-day waiting period before the policy's effective date to cover damage caused by the flood, but only if: (1) the damage occurs after expiration of the waiting period, and (2) the property has not suffered damage or loss from the flood before expiration of the period. (Sec. 345) Raises the annual limitation on premium increases from 10% to 20% of the average of the risk premium rates for any properties within any single risk classification. Schedules a 5-year phase-in of chargeable risk premium rates for: (1) an area that has been upgraded to a special flood hazard area, and (2) preferred risk rate areas. Requires the charging of full actuarial rates for: (1) any nonresidential (commercial) property, (2) second homes and vacation homes, (3) homes sold to new owners, (4) homes flood-damaged or improved, and (5) severe repetitive loss properties. Prohibits extension of subsidized rates for policies lapsed as a result of the policy holder's deliberate choice. Makes communities making adequate progress at reconstruction or improvement to 100-year frequency flood protection systems eligible for premium flood insurance rates that would apply if the reconstruction or improvement were completed. Revises requirements for special flood hazard rates for a community in the process of restoring flood protection afforded by a system previously accredited as providing 100-year frequency flood protection but no longer does so. (Sec. 346) Establishes the Technical Mapping Advisory Council to develop proposed new mapping standards for 100-year flood insurance rate maps used under the Program. (Sec. 347) Instructs the FEMA Administrator to: (1) establish new standards for rate maps based upon such Council's recommendations, and (2) update flood insurance rate maps accordingly. Exempts temporarily from mandatory flood insurance purchase and compliance requirements certain property located in a special flood hazard area. (Sec. 349) Requires the FEMA Administrator and the Comptroller General each to study options for privatizing the Program. Authorizes the Administrator to: (1) carry out private risk-management initiatives to determine the capacity of private insurers, reinsurers, and financial markets to assist communities, on a voluntary basis only, in managing the full range of financial risks associated with flooding; and (2) secure flood reinsurance coverage from private market insurance, reinsurance, and capital market sources. Requires the Administrator to: (1) assess annually the Program's claims-paying ability, including its utilization of private sector reinsurance; and (2) report annually to Congress on the financial status of the Program and the National Flood Insurance Fund. (Sec. 351) Revises requirements for the mitigation assistance grant program. Repeals authority for planning assistance grants. Changes from flood risk mitigation to multi-hazard risk mitigation the plan a state or community is required to develop to be eligible for mitigation assistance. Directs the Administrator to give priority to funding activities that will result in the greatest savings to the National Flood Insurance Fund (NFI Fund), including activities for repetitive and severe repetitive loss structures. Eliminates beach nourishment as an eligible mitigation activity. Specifies the percentages of costs which grants for eligible mitigation activities may cover for severe repetitive loss and repetitive loss structures as well as other mitigation activities. Increases the administrative penalty for a state's or community's failure to provide matching funds. Limits to $40 million per year financial assistance to states and communities with respect to severe repetitive loss structures. Eliminates: (1) the grants program for repetitive insurance claims properties, and (2) the pilot program for mitigation of severe repetitive loss properties. Increases the amounts available from the NFI Fund to the National Flood Mitigation Fund (NFM Fund). (Sec. 352) Amends the FDPA to direct the FEMA Administrator to notify residents of special flood hazard areas regarding flood insurance purchase requirements and rate phase-ins for such properties. (Sec. 353) Amends the NFIA to require the Administrator to notify: (1) members of Congress whose districts or states would be affected by revision or update of a floodplain area or flood-risk zone, (2) tenants of the availability of contents insurance for property located in a special flood hazard area, and (3) policy holders regarding direct management by FEMA of their flood insurance policy and of the option to purchase flood insurance directly administered by an insurance company. (Sec. 354) Revises notification requirements for the Administrator in establishing projected flood elevations for land use purposes. (Sec. 357) Amends the Real Estate Settlement Procedures Act of 1974 (RESPA) to require that a lender's good faith estimate disclose to loan applicants: (1) the availability of flood insurance for residential real estate both in and out of a special flood hazard area, and (2) that the escrowing of flood insurance payments is required for many loans. (Sec. 358) Amends the NFIA to require the Administrator to reimburse a property owner the reasonable costs incurred obtaining letters of map amendment or revision due to a bona fide FEMA error. (Sec. 360) Requires the Administrator, when revising or updating areas with special flood hazards, to provide each owner of property newly included in such an area a copy of the proposed revised or updated flood insurance maps. (Sec. 361) Declares eligible for flood insurance any property otherwise in compliance with the Program even it has a swimming pool located at ground level or in the space below the lowest floor of a building outside hurricane season if the pool is enclosed with non-supporting breakaway walls. (Sec. 362) Requires the Administrator and, if appropriate, the participating insurance company, upon request, to furnish information on structure damage and loss caused by flood or wind to any property with flood insurance who also has wind insurance. (Sec. 363) Authorizes the Administrator to refuse to accept the transfer of the administration of flood insurance policies written and administered by any insurance company or other insurer, or any insurance agent or broker. (Sec. 364) Authorizes the Administrator to grant an 90-day extension for appeal of proposed flood elevation determinations upon certification by an affected community that some property owners or lessees are unaware of the appeals period and the community will use the extension to notify them. (Sec. 365) ) Directs the Administrator to establish a separate National Flood Insurance Reserve Fund to meet the expected future obligations of the flood insurance program. (Sec. 366) Amends the Housing and Community Development Act of 1974 to make eligible for assistance under the Community Development Block Grants (CDBG) Program: (1) certain activities supplementing existing state or local funding for administration of building code enforcement by local building code enforcement departments, and (2) floodplain management outreach and education activities of local governmental agencies. (Sec. 368) Directs the Administrator to report to Congress on procedures to limit to 10% the percentage of flood insurance policies directly managed by FEMA. (Sec. 369) Directs the Administrator and Comptroller General each to study options for offering and incorporating voluntary community-based flood insurance policy options into the Program. (Sec. 370) Directs the Administrator to study the feasibility of including nationally recognized building codes as part of floodplain management criteria. (Sec. 371) Directs the National Academy of Sciences to study methods for understanding graduated risk behind levees. (Sec. 372) Requires the Administrator to: (1) review processes and procedures for determining that a flood event has commenced or is in progress, and (2) report to Congress a plan to repay within 10 years all amounts loaned to FEMA by the Treasury with presidential approval. (Sec. 374) Prohibits any cause of action or claim against the United States for violation of any notification requirement imposed by this Act. (Sec. 375) Authorizes the Secretary of the Army, upon request of a state or local government, to evaluate a levee system designed or constructed by the Secretary. Subtitle E: Repeal of the Office of Financial Research - (Sec. 381) Amends Dodd-Frank to eliminate the Office of Financial Research. Title IV: Committee on the Judiciary - Help Efficient, Accessible, Low-cost, Timely Healthcare (HEALTH) Act of 2011 [sic] -Sets conditions for lawsuits arising from health care liability claims and actions concerning the provision of health care goods or services or any medical product affecting interstate commerce. (Sec. 402) Establishes a statute of limitations of three years after the date of manifestation of injury or one year after the claimant discovers, or through the use of reasonable diligence should have discovered, the injury, whichever occurs first, unless tolled for any of the following: (1) upon proof of fraud, (2) intentional concealment, or (3) the presence in the the injured person of a foreign body that has no therapeutic or diagnostic purpose or effect. (Sec. 403) Limits noneconomic damages to $250,000, regardless of the number of parties against whom the action is brought or the number of separate claims or actions brought with respect to the same injury. Provides that each party shall be liable only for the amount of damages allocated to such party in direct proportion to such party's percentage of responsibility, and not for the share of any other person. Requires the court to supervise the arrangements for payment of damages to protect against conflicts of interest that may have the effect of reducing the amount of damages awarded that are actually paid to claimants. Limits contingent fees. (Sec. 405) Permits punitive damages to be awarded against any person in a health care lawsuit only if: (1) it is proven by clear and convincing evidence that such person acted with malicious intent to injure the claimant or that such person deliberately failed to avoid unnecessary injury such person knew the claimant was substantially certain to suffer; and (2) a judgment for compensatory damages has been rendered against that person. Sets forth factors that may be considered in determining the amount of punitive damages, which shall be limited to the greater of $250,000 or two times the amount of economic damages awarded. Prohibits the award of punitive damages against a manufacturer or distributor of, a supplier of any component or raw material of, or a health care provider that prescribes or dispenses, a medical product that complies with FDA standards. (Sec. 406) Requires the court, at the request of any party in the lawsuit, to enter a judgment ordering that future damages be paid by periodic payments, in accordance with the Uniform Periodic Payment of Judgments Act promulgated by the National Conference of Commissioners on Uniform State Laws, if an award of future damages equaling or exceeding $50,000 is made against a party with sufficient insurance or other assets to fund such a payment. Title V: Committee on Oversight and Government Reform - (Sec. 501) Increases federal employee contributions under the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS) by 5% of salary over 5 years, beginning in calendar year 2013. Increases retirement contributions for: (1) Members of Congress in CSRS and FERS and for congressional employees in CSRS by 8.5% (by 7.5% for congressional employees in FERS) of salary over 5 years, beginning in calendar year 2013; and (2) Members of Congress and certain federal employees who begin federal service after December 31, 2012, and who have less than 5 years of creditable service for retirement purposes (revised annuity employees). Requires any excess contributions made by an employee of the U.S. Postal Service (USPS) or the Postal Regulatory Commission (PRC) to be deposited to the credit of the Postal Service Fund, rather than the Civil Service Retirement and Disability Fund. Modifies rules for determining government contributions to CSRS and FERS made after December 31, 2012, and requires any excess contributions to FERS to be used for reducing the unfunded liability of CSRS. (Sec. 502) Eliminates the annuity supplement for FERS employees hired after December 31, 2012, except for certain law enforcement officers, firefighters, nuclear material couriers, border protection officers, and air traffic controllers. (Sec. 503) Allows federal employees (including employees of USPS and PRC) and Members of Congress in CSRS or FERS to deposit any payment they receive for accumulated and accrued annual or vacation leave into their Thrift Savings Fund accounts. Requires the Executive Director of the Federal Retirement Thrift Investment Board to promulgate regulations for such deposits. Title VI: Committee on Ways and Means - Subtitle A: Recapture of Overpayments Resulting From Certain Federally-subsidized Health Insurance - (Sec. 601) Amends the Internal Revenue Code to repeal the limitation on the recapture of advance payment amounts of the tax credit for health insurance premium assistance that exceed the allowable amount of such credit for certain low-income taxpayers. Subtitle B: Social Security Number Required to Claim the Refundable Portion of the Child Tax Credit - (Sec. 611) Requires taxpayers who are claiming the refundable portion of the child tax credit to include their social security numbers on their tax returns. Subtitle C: Human Resources Provisions - (Sec. 621) Repeals the program of block grants to states for social services under title XX (Block Grants to States for Social Services) of the Social Security Act, effective October 1, 2012. Title VII: Sequester Replacement - Sequester Replacement Act of 2012 - (Sec. 702) Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to remove veterans' medical care from the accounts subject to a sequester. (Sec. 703) Abolishes the distinction between security and nonsecurity categories of discretionary spending for new budget authority in FY2013. Combines the dollar amounts of the current categories ($686 billion for the security category and $361 billion for the nonsecurity category) into a single amount of $1.047 trillion in new budget authority. Revises sequestration requirements for FY2013 to require a $19.104 billion across-the-board decrease in the discretionary spending category as of January 2, 2013. Directs the Office of Management and Budget (OMB) to issue a supplemental sequestration report for FY2013 to eliminate any discretionary spending breach of the $1.047 trillion spending limit, as adjusted by the $19.104 billion across-the-board reduction requirement of this Act. Directs the President to order a sequestration, if any, as required by such report. (Sec. 704) Amends the Congressional Budget Act of 1974 to authorize the chair of the Committee on the Budget of the House of Representatives or the Senate to make adjustments to any legislative measure to conform to the discretionary spending limits of this Act. (Sec. 706) Nullifies any sequestration order the President may issue under the Gramm-Rudman-Hollings Act to carry out reductions to direct spending for the FY2013 defense function (050).

sequester replacement reconciliation act title agriculture agricultural reconciliation act sec amends american_recovery_and_reinvestment_act terminate increase value supplemental nutrition assistance program snap food stamp program benefits puerto_rico american_samoa june sec amends food_and_nutrition_act_of_2008 limit categorical snap eligibility households receiving specified program benefits cash sec eliminates requirement state agency standard utility allowance provide allowance household receives assistance low income home energy assistance_act energy assistance program household incurs pocket heating cooling expenses exceeding assistance sec eliminates administrative cost sharing states certain employment training programs state bonus programs effective snap administration indexing nutrition education obesity prevention grant program sec reduces fy2013 funding employment training programs sec authorizes fy2013 appropriations carry food_and_nutrition_act_of_2008 sec states title amendments title shall effect october shall apply respect certification periods begin date section amendments sections shall effect date enactment act shall apply respect certification periods begin date title committee energy commerce sec amends patient_protection affordable care act ppaca repeal provisions appropriating funds secretary health_and_human_services hhs award grants states activities including planning activities related establishing american_health_benefit_exchange state health insurance exchange establishing appropriating funds prevention_and_public_health_fund fund provide expanded sustained national investment prevention public health programs improve health help restrain rate growth private public sector health_care costs appropriating funds establishment operation consumer operated oriented plan program designed foster creation qualified nonprofit health insurance issuers offer qualified health plans individual small group markets rescinds unobligated balance appropriated provisions sec amends title xix medicaid social_security_act ssa extend reduction threshold level permissible state taxes health_care providers federal funding state medicaid reduced reduce state disproportionate share hospital dsh allotment fy2022 repeal provisions prohibiting states reducing eligibility levels medicaid sec amends title xxi state children health insurance program chip known schip ssa repeal provisions prohibiting states reducing eligibility levels chip sec repeals provisions increased medicaid payments territories fy2019 decreases federal medical assistance percentage fmap puerto_rico virgin_islands guam northern_mariana_islands american_samoa sec repeals provisions providing bonus payments states enrollment retention programs children covered medicaid chip title iii financial_services subtitle orderly liquidation fund sec amends dodd-frank_wall_street_reform consumer protection act dodd-frank repeal authority judicial procedures orderly liquidation certain financial companies orderly liquidation fund subtitle home_affordable_modification_program hamp termination act sec amends emergency_economic_stabilization_act prohibit secretary treasury secretary providing assistance home_affordable_modification_program hamp making home affordable initiative exempts prohibition assistance provided behalf homeowners offer participate hamp provided enactment act prohibits certain unobligated funds available hamp restricts use funds solely federal budget deficit reduction directs secretary study extent usage hamp impact covered homeowners publish department_of_the_treasury website hamp terminated sec declares congress encourages banks work homeowners provide loan modifications eligible assist foreclosure prevention programs information loan modifications subtitle bureau_of_consumer_financial_protection sec amends consumer_financial_protection_act repeal requirement annual transfer funds board_of_governors federal_reserve_system consumer_financial_protection_bureau cfpb repeals consumer financial protection fund victims relief fund authorization appropriations requirement annual report authorizes appropriations fy2012 fy2013 subtitle flood insurance reform flood insurance reform_act sec amends national_flood_insurance_act extend fy2016 financing national_flood_insurance_program program subtitle sec amends flood disaster protection act authorize administrator federal_emergency_management_agency fema suspend temporarily mandatory flood insurance purchase requirement areas designated having special flood hazards meet certain eligibility requirements requires lender servicer receives confirmation borrower existing flood insurance coverage terminate force placed insurance refund force placed insurance premiums related fees requires federal entity lending regulation direct regulated lending institutions accept private flood insurance meets federal flood insurance requirements sec amends prescribe minimum annual flood insurance deductibles subsidized actuarial rate properties sets forth formula indexing maximum coverage limits authorizes optional coverage loss use personal residence business interruption requires flood insurance regulations allow payment flood insurance premiums installments requires new flood insurance policy property affected flood progress day waiting period policy effective date cover damage caused flood damage occurs expiration waiting period property suffered damage loss flood expiration period sec raises annual limitation premium increases average risk premium rates properties single risk classification schedules year phase risk premium rates area upgraded special flood hazard area preferred risk rate areas requires charging actuarial rates nonresidential commercial property second homes vacation homes homes sold new owners homes flood damaged improved severe repetitive loss properties prohibits extension subsidized rates policies lapsed result policy holder deliberate choice makes communities making adequate progress reconstruction improvement year frequency flood protection systems eligible premium flood insurance rates apply reconstruction improvement completed revises requirements special flood hazard rates community process restoring flood protection afforded system previously accredited providing year frequency flood protection longer sec establishes technical mapping advisory_council develop proposed new mapping standards year flood insurance rate maps program sec instructs fema administrator establish new standards rate maps based council recommendations update flood insurance rate maps accordingly exempts temporarily mandatory flood insurance purchase compliance requirements certain property located special flood hazard area sec requires fema administrator comptroller_general study options program authorizes administrator carry private risk management initiatives determine capacity private insurers financial markets assist communities voluntary basis managing range financial risks associated flooding secure flood reinsurance coverage private market insurance reinsurance capital market sources requires administrator assess annually program claims paying ability including utilization private sector reinsurance report annually congress financial status program national flood insurance fund sec revises requirements mitigation assistance grant program repeals authority planning assistance grants changes flood risk mitigation multi hazard risk mitigation plan state community required develop eligible mitigation assistance directs administrator priority funding activities result greatest savings national flood insurance fund fund including activities repetitive severe repetitive loss structures eliminates beach nourishment eligible mitigation activity specifies percentages costs grants eligible mitigation activities cover severe repetitive loss repetitive loss structures mitigation activities increases administrative penalty state community failure provide matching funds limits million year financial assistance states communities respect severe repetitive loss structures eliminates grants program repetitive insurance claims properties pilot program mitigation severe repetitive loss properties increases amounts available fund national flood mitigation fund fund sec amends direct fema administrator notify residents special flood hazard areas flood insurance purchase requirements rate phase properties sec amends require administrator notify members congress districts states affected revision update floodplain area flood risk zone tenants availability contents insurance property located special flood hazard area policy holders direct management fema flood insurance policy option purchase flood insurance directly administered insurance company sec revises notification requirements administrator establishing projected flood land use purposes sec amends real_estate_settlement_procedures_act respa require lender good faith estimate disclose loan applicants availability flood insurance residential real estate special flood hazard area flood insurance payments required loans sec amends require administrator reimburse property owner reasonable costs incurred obtaining letters map amendment revision bona fide fema error sec requires administrator revising updating areas special flood hazards provide owner property newly included area copy proposed revised updated flood insurance maps sec declares eligible flood insurance property compliance program swimming pool located ground level space lowest floor building outside hurricane season pool enclosed non supporting walls sec requires administrator appropriate participating insurance company request furnish information structure damage loss caused flood wind property flood insurance wind insurance sec authorizes administrator refuse accept transfer administration flood insurance policies written administered insurance company insurer insurance agent broker sec authorizes administrator grant day extension appeal proposed flood elevation determinations certification affected community property owners lessees appeals period community use extension notify sec directs administrator establish separate national flood insurance reserve fund meet expected future obligations flood insurance program sec amends housing_and_community_development_act eligible assistance community development block grants cdbg program certain activities supplementing existing state local funding administration building code enforcement local building code enforcement departments floodplain management outreach education activities local governmental agencies sec directs administrator report congress procedures limit percentage flood insurance policies directly managed fema sec directs administrator comptroller_general study options offering incorporating voluntary community based flood insurance policy options program sec directs administrator study feasibility including nationally recognized building codes floodplain management criteria sec directs national_academy_of_sciences study methods understanding graduated risk levees sec requires administrator review processes procedures determining flood event commenced progress report congress plan repay years amounts fema treasury presidential approval sec prohibits cause action claim united_states violation notification requirement imposed act sec authorizes secretary army request state local government evaluate levee system designed constructed secretary subtitle repeal office_of_financial_research sec amends dodd-frank eliminate office_of_financial_research title committee judiciary help efficient accessible low cost timely healthcare health act sic conditions lawsuits arising health_care liability claims actions concerning provision health_care goods services medical product affecting interstate commerce sec establishes statute limitations years date manifestation injury year claimant discovers use reasonable diligence discovered injury whichever occurs tolled following proof fraud intentional concealment presence injured person foreign body therapeutic diagnostic purpose effect sec limits noneconomic damages regardless number parties action brought number separate claims actions brought respect injury provides party shall liable damages allocated party direct proportion party percentage responsibility share person requires court supervise arrangements payment damages protect conflicts interest effect reducing damages awarded actually paid claimants limits contingent fees sec permits punitive damages awarded person health_care lawsuit proven clear convincing evidence person acted malicious intent injure claimant person deliberately failed avoid unnecessary injury person knew claimant substantially certain suffer judgment compensatory damages rendered person sets forth factors considered determining punitive damages shall limited greater times economic damages awarded prohibits award punitive damages manufacturer distributor supplier component raw material health_care provider prescribes dispenses medical product complies fda standards sec requires court request party lawsuit enter judgment ordering future damages paid periodic payments accordance uniform periodic payment judgments act promulgated national conference commissioners uniform state laws award future damages exceeding party sufficient insurance assets fund payment title committee oversight government reform sec increases federal employee contributions civil_service_retirement_system csrs federal employees retirement system fers salary years beginning calendar year increases retirement contributions members congress csrs fers congressional employees csrs congressional employees fers salary years beginning calendar year members congress certain federal employees begin federal service december years creditable service retirement purposes revised annuity employees requires excess contributions employee postal_service usps postal_regulatory_commission prc deposited credit postal_service fund civil_service_retirement_and_disability_fund modifies rules determining government contributions csrs fers december requires excess contributions fers reducing unfunded liability csrs sec eliminates annuity supplement fers employees hired december certain law enforcement officers firefighters nuclear material border_protection officers air traffic controllers sec allows federal employees including employees usps prc members congress csrs fers deposit payment receive accumulated accrued annual vacation leave thrift_savings_fund accounts requires executive director federal_retirement_thrift_investment_board promulgate regulations deposits title committee ways_and_means subtitle recapture overpayments resulting certain federally subsidized health insurance sec amends_the_internal_revenue_code repeal limitation recapture advance payment amounts tax credit health insurance premium assistance exceed allowable credit certain low income taxpayers subtitle social_security number required claim refundable portion child tax credit sec requires taxpayers claiming refundable portion child tax credit include social_security numbers tax returns subtitle human resources provisions sec repeals program block grants states social_services title block grants states social_services social_security_act effective october title vii sequester replacement sequester replacement act sec amends balanced_budget emergency deficit control act gramm rudman hollings act remove veterans medical care accounts subject sequester sec abolishes distinction security nonsecurity categories discretionary spending new budget authority fy2013 combines dollar amounts current categories billion security category billion nonsecurity category single trillion new budget authority revises sequestration requirements fy2013 require billion board decrease discretionary spending category january directs office_of_management_and_budget omb issue supplemental sequestration report fy2013 eliminate discretionary spending breach trillion spending limit adjusted billion board reduction requirement act directs president order sequestration required report sec amends congressional_budget_act authorize chair committee budget house_of_representatives senate adjustments legislative measure conform discretionary spending limits act sec nullifies sequestration order president issue gramm rudman hollings act carry reductions direct spending fy2013 defense function


Summary: National Security and Job Protection Act - Makes the effective date of this Act contingent upon enactment of: (1) the reconciliation Act with certain spending reductions for a specified deficit reduction contemplated by H.Con.Res. 112, as passed by the House of Representatives on March 16, 2012; or (2) similar legislation that achieves outlay reductions within five years after enactment that equal or exceed specified outlay reductions flowing from the budget authority reductions required by the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as in force immediately before enactment of this Act, as it applies to direct spending in the defense function for FY2013 combined with the outlay reductions flowing from the across-the-board decrease in discretionary spending made by this Act. Amends the Gramm-Rudman-Hollings Act to abolish the distinction between security and nonsecurity categories of discretionary spending for new budget authority in FY2013. Combines the dollar amounts of the current categories ($686 billion for the security category and $361 billion for the nonsecurity category) into a single amount of $1.047 trillion in new budget authority. Revises sequestration requirements for FY2013 to require a $19.104 billion across-the-board decrease in the discretionary spending category as of January 2, 2013. Directs the Office of Management and Budget (OMB) to issue a supplemental sequestration report for FY2013 to eliminate any discretionary spending breach of the $1.047 trillion spending limit, as adjusted by the $19.104 billion across-the-board reduction requirement of this Act. Directs the President to issue an order to eliminate the breach, if any, identified in such report. Nullifies any sequestration order the President may issue under the Gramm-Rudman-Hollings Act to carry out reductions to direct spending for the FY2013 defense function (050). Provides that, if the legislation referred to above is enacted and achieves the outlay reductions specified, and those reductions exceed the outlay reductions flowing from the spending budget authority reductions required by the Gramm-Rudman-Hollings Act, the direct spending reductions for the nonsecurity category for FY2013 (otherwise required to be reduced) shall be reduced by the difference. Requires the President by October 15, 2012, to transmit to Congress a legislative proposal that meets such requirements.

national security job protection act makes effective date act contingent enactment reconciliation act certain spending reductions specified deficit reduction contemplated res passed house_of_representatives march similar legislation achieves reductions years enactment equal exceed specified reductions flowing budget authority reductions required balanced_budget emergency deficit control act gramm rudman hollings act force immediately enactment act applies direct spending defense function fy2013 combined reductions flowing board decrease discretionary spending act amends gramm rudman hollings act abolish distinction security nonsecurity categories discretionary spending new budget authority fy2013 combines dollar amounts current categories billion security category billion nonsecurity category single trillion new budget authority revises sequestration requirements fy2013 require billion board decrease discretionary spending category january directs office_of_management_and_budget omb issue supplemental sequestration report fy2013 eliminate discretionary spending breach trillion spending limit adjusted billion board reduction requirement act directs president issue order eliminate breach identified report nullifies sequestration order president issue gramm rudman hollings act carry reductions direct spending fy2013 defense function provides legislation referred enacted achieves reductions specified reductions exceed reductions flowing spending budget authority reductions required gramm rudman hollings act direct spending reductions nonsecurity category fy2013 required reduced shall reduced difference requires president october transmit congress legislative proposal meets requirements


Summary: Sequestration Prevention Act of 2012 - Title I: Fully Repeal the Sequestration Provision of Round 2 of the Budget Control Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm--Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to repeal its budget goal enforcement requirements (sequestration mandate). Title II: Repeal of Health Care Law - Repealing the Job-Killing Health Care Law Act - Repeals the Patient Protection and Affordable Care Act (PPACA), and restores or revives any provisions of law amended or repealed by it as if PPACA had not been enacted. Repeals title I (Coverage, Medicare, Medicaid, and Revenues) and subtitle B (Health) of title II of the Health Care and Education Reconciliation Act of 2010, and restores or revives any provisions of law amended or repealed by them as if such title and subtitle had not been enacted. Repeals the Food and Nutrition Act of 2008, including the supplemental nutrition assistance program. Title III: Nutrition Assistance Block Grant Program - Directs the Secretary of Agriculture (USDA) to establish a nutrition assistance block grant program of annual grants to each participating state that establishes a nutrition assistance program including work requirements, mandatory drug testing, and benefit use limitations at least as restrictive as those for the supplemental nutrition assistance program. Title IV: Block Grant the Medicaid Program - Directs the Secretary of Health and Human Services (HHS) to establish a Medicaid block grant program of annual grants to each participating state that establishes a medical assistance program for individuals. Repeals title XIX (Medicaid) of the Social Security Act, and eliminates mandatory direct funding for the existing Medicaid program. Title V: Reduction of Federal Workforce - Requires the Director of the Office of Management and Budget (OMB) to determine the number of full-time employees employed in each federal agency. Prohibits the head of each federal agency from hiring more than 2 employees for every 3 employees who leave employment in the agency until the number of full-time employees in the agency is 10% less than the number determined by the OMB Director under this title. Title VI: Prohibition on Climate Change and Global Warming Funding - Prohibits the expenditure of federal funds for any activity relating to climate change or global warming. Title VII: Protecting Access to Health Care - Protecting Access to Healthcare Act - Title I: HEALTH Act - Help Efficient, Accessible, Low Cost, Timely Healthcare (HEALTH) Act of 2012 - Prescribes requirements for lawsuits for health care goods and services liability claims. Sets a three-year statute of limitations after the manifestation of injury or one year after the claimant discovers the injury, with certain exceptions. Limits noneconomic damages to $250,000. Makes each party liable only for the amount of damages directly proportional to such party's percentage of responsibility. Allows the court to restrict the payment of attorney contingency fees. Authorizes the award of punitive damages only where: (1) it is proven by clear and convincing evidence that a person acted with malicious intent to injure the claimant or deliberately failed to avoid unnecessary injury the claimant was substantially certain to suffer, and (2) compensatory damages are awarded. Limits punitive damages to the greater of two times the amount of economic damages or $250,000. Limits the liability of manufacturers, distributors, suppliers, and providers of medical products that comply with Food and Drug Administration (FDA) standards. Provides for periodic payments of future damage awards. Health Care Safety Net Enhancement Act of 2012 - Amends the Public Health Service Act (PHSA) to deem a hospital or an emergency department and a physician or physician group of that hospital or emergency department to be an employee of the Public Health Service for purposes of any civil action that may arise from providing emergency and post-stabilization services on or after January 1, 2012. Health Insurance Industry Fair Competition Act of 2012 - Declares that nothing in the McCarran-Ferguson Act (which exempts the insurance business generally from federal regulation) shall modify, impair, or supersede the operation of any of the antitrust laws with respect to the business of health insurance. Applies prohibitions against using unfair methods of competition to the business of health insurance without regard to whether such business is carried on for profit. Good Samaritan Health Professionals Act of 2012 - Amends the PHSA to declare that a health care professional shall not be liable under federal or state law, with certain exceptions, for harm caused by any act or omission if: (1) the professional is serving as a volunteer for purposes of responding to a disaster; and (2) the act or omission occurs during the period of the disaster, in the professional's capacity as such a volunteer, and in a good faith belief that the individual being treated is in need of health care services. Places on the plaintiff in any civil action or proceeding against a health care professional the burden of proving by clear and convincing evidence that the limitation of liability under this Act does not apply. Title VIII: Budget Control Act Spending Cap Adjustments - Amends the Gramm-Rudman-Hollings Act to reenact the requirements for enforcement of discretionary spending limits as they were in effect on January 15, 2012. Specifies discretionary spending caps for the security category (Budget Function 050, largely Department of Defense [DOD]) and the non-security category for FY2013-FY2022.

sequestration prevention act title fully repeal sequestration provision round budget_control_act amends balanced_budget emergency deficit control act gramm rudman hollings act amended budget_control_act repeal budget goal enforcement requirements sequestration mandate title repeal health_care law repealing job killing health_care law act repeals patient_protection affordable care act ppaca restores revives provisions law amended repealed ppaca enacted repeals title coverage medicare medicaid revenues subtitle health title health_care_and_education reconciliation act restores revives provisions law amended repealed title subtitle enacted repeals food_and_nutrition_act_of_2008 including supplemental nutrition assistance program title iii nutrition assistance block grant program directs secretary agriculture usda establish nutrition assistance block grant program annual grants participating state establishes nutrition assistance program including work requirements mandatory drug testing benefit use limitations restrictive supplemental nutrition assistance program title block grant medicaid program directs secretary health_and_human_services hhs establish medicaid block grant program annual grants participating state establishes medical assistance program individuals repeals title xix medicaid social_security_act eliminates mandatory direct funding existing medicaid program title reduction federal workforce requires director office_of_management_and_budget omb determine number time employees employed federal agency prohibits head federal agency hiring employees employees leave employment agency number time employees agency number determined omb director title title prohibition climate change global warming funding prohibits expenditure federal funds activity relating climate change global warming title vii protecting_access health_care protecting_access healthcare act title health act help efficient accessible low cost timely healthcare health act prescribes requirements lawsuits health_care goods services liability claims sets year statute limitations manifestation injury year claimant discovers injury certain exceptions limits noneconomic damages makes party liable damages directly proportional party percentage responsibility allows court restrict payment attorney contingency fees authorizes award punitive damages proven clear convincing evidence person acted malicious intent injure claimant deliberately failed avoid unnecessary injury claimant substantially certain suffer compensatory damages awarded limits punitive damages greater times economic damages limits liability manufacturers distributors suppliers providers medical products comply food_and_drug_administration fda standards provides periodic payments future damage awards health_care safety net enhancement_act amends public_health_service_act phsa deem hospital emergency department physician physician group hospital emergency department employee public_health_service purposes civil action arise providing emergency post stabilization services january health insurance industry fair competition act declares mccarran ferguson act exempts insurance business generally federal regulation shall modify impair supersede operation antitrust laws respect business health insurance applies prohibitions unfair methods competition business health insurance regard business carried profit good samaritan health professionals act amends phsa declare health_care professional shall liable federal state law certain exceptions harm caused act omission professional serving volunteer purposes responding disaster act omission occurs period disaster professional capacity volunteer good faith belief individual treated need health_care services places plaintiff civil action proceeding health_care professional burden proving clear convincing evidence limitation liability act apply title viii budget_control_act spending cap adjustments amends gramm rudman hollings act requirements enforcement discretionary spending limits effect january specifies discretionary spending caps security category budget function department_of_defense dod non security category fy2013 fy2022


Summary: Buffett Rule Act of 2012 - Amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt.  Requires such donation to be designated on a taxpayer's income tax return at the time such return is filed.

rule act amends_the_internal_revenue_code allow taxpayers donate addition tax owed shall deposited general_fund_of_the_treasury transferred account reduce public debt requires donation designated taxpayer income tax return time return filed


Summary: Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), with respect to budget enforcement through sequestration, to redefine "account" to include any item for the pay of Members of Congress. (Thus subjects the pay of Members of Congress to reduction under a sequestration.)

amends balanced_budget emergency deficit control act gramm rudman hollings act respect budget enforcement sequestration redefine account include item pay members congress subjects pay members congress reduction sequestration


Summary: Truth in Spending Act of 2012 - Requires the President's annual budget request to Congress to include the most recent reports of the Director of the Office of Management and Budget (OMB) regarding the difference between the actual costs and the estimated costs of direct spending legislation, including proposed legislative language, if any, in such reports. Requires OMB to submit annually for inclusion in the President's budget request reports (with follow-up reports every five fiscal years) on the total estimated cost and total actual cost of direct spending legislation for the then budget year and four outyears. Requires the President, within seven days after receiving an OMB report, to submit proposed legislative language, if any, set forth in the report to both chambers. Prescribes the procedure for fast track consideration of the legislation in both chambers. Prohibits the budgetary effects of such legislation from being entered on either PAYGO scorecard under the Statutory Pay-As-You-Go Act of 2010.

truth spending act requires president annual budget request congress include recent reports director office_of_management_and_budget omb difference actual costs estimated costs direct spending legislation including proposed legislative language reports requires omb submit annually inclusion president budget request reports follow reports fiscal years total estimated cost total actual cost direct spending legislation budget year outyears requires president seven days receiving omb report submit proposed legislative language set forth report chambers prescribes procedure fast track consideration legislation chambers prohibits budgetary effects legislation entered paygo scorecard statutory pay act


Summary: Save America's National Economy Act - Repeals provisions of the Balanced Budget and Emergency Deficit Control Act of 1985, as added by the Budget Control Act of 2011, that require automatic reductions in discretionary spending (sequestration) between FY2013 and FY2021. Amends the Internal Revenue Code to: (1) increase individual income tax rates for taxpayers whose taxable income exceeds $1 million, and (2) provide for an adjustment in the capital gains tax of taxpayers whose taxable income is subject to the 45% tax bracket. Establishes caps on funding levels for overseas contingency operations and related activities for FY2013-FY2021.

save america national economy act repeals provisions balanced_budget emergency deficit control act added budget_control_act require automatic reductions discretionary spending sequestration fy2013 fy2021 amends_the_internal_revenue_code increase individual income tax rates taxpayers taxable income exceeds million provide adjustment capital gains tax taxpayers taxable income subject tax bracket establishes caps funding levels overseas contingency operations related activities fy2013 fy2021


Summary: Spending Reduction Act of 2012 - Title I: Agriculture - (Sec. 101) Amends the American Recovery and Reinvestment Act of 2009 to terminate the increase in the value of supplemental nutrition assistance program (SNAP, formerly the food stamp program) benefits for Puerto Rico and American Samoa on March 1, 2013. (Sec. 102) Amends the Food and Nutrition Act of 2008 to limit categorical SNAP eligibility to households receiving specified other program benefits in cash. (Sec. 103) Eliminates the requirement that a state agency using a standard utility allowance provide such allowance to a household that receives assistance under the Low Income Home Energy Assistance Act of 1981 or other energy assistance program if such household incurs out-of-pocket heating or cooling expenses exceeding such assistance. (Sec. 104) Eliminates: (1) administrative cost sharing to states for certain employment and training programs, (2) state bonus programs for effective SNAP administration, and (3) indexing for the nutrition education and obesity prevention grant program. Reduces FY2013 funding for employment and training programs. (Sec. 108) Authorizes FY2013 appropriations to carry out the Food and Nutrition Act of 2008. (Sec. 109) States that this title and the amendments made by this title shall take effect on enactment of this Act, and shall apply only with respect to certification periods that begin on or after such date. Title II: Committee on Energy and Commerce - Subtitle A: Repeal of Certain ACA Funding Provisions - (Sec. 201) Amends the Patient Protection and Affordable Care Act (PPACA) to repeal provisions: (1) appropriating funds to the Secretary of Health and Human Services (HHS) to award grants to states for activities (including planning activities) related to establishing an American Health Benefit Exchange (a state health insurance exchange), (2) establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs), and (3) appropriating funds for the establishment and operation of the Consumer Operated and Oriented Plan (CO-OP) program (designed to foster the creation of qualified nonprofit health insurance issuers to offer qualified health plans in the individual and small group markets). Rescinds any unobligated balance appropriated under such provisions. Subtitle B: Medicaid - (Sec. 211) Amends title XIX (Medicaid) of the Social Security Act (SSA) to: (1) extend the reduction of the threshold level of permissible state taxes on health care providers before federal funding to the state for Medicaid is reduced; (2) reduce the state disproportionate share hospital (DSH) allotment for FY2022; and (3) repeal provisions prohibiting states from reducing eligibility levels for Medicaid. (Sec. 213) Amends title XXI (State Children's Health Insurance Program) (CHIP, formerly known as SCHIP) of SSA to repeal provisions prohibiting states from reducing eligibility levels for CHIP. (Sec. 214) Repeals provisions that increased Medicaid payments to territories though FY2019. Decreases the federal medical assistance percentage (FMAP) for Puerto Rico, the Virgin Islands, Guam, the Northern Mariana Islands, and American Samoa. (Sec. 215) Repeals provisions providing bonus payments to states for enrollment and retention programs for children covered under Medicaid and CHIP. Title III: Financial Services - Subtitle A: Orderly Liquidation Fund - (Sec. 311) Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) to repeal authority for: (1) judicial procedures for the orderly liquidation of certain financial companies, and (2) the Orderly Liquidation Fund. Subtitle B: Home Affordable Modification Program - HAMP Termination Act of 2012 - (Sec. 323) Amends the Emergency Economic Stabilization Act of 2008 to prohibit the Secretary of the Treasury (Secretary) from providing assistance under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative. Exempts from this prohibition assistance provided on behalf of homeowners to whom an offer to participate in HAMP was provided before enactment of this Act. Prohibits certain unobligated funds from being made available under HAMP. Restricts the use of such funds solely to federal budget deficit reduction. Directs the Secretary to: (1) study the extent of usage of HAMP by, and its impact upon, covered homeowners; and (2) publish on the Department of the Treasury website that HAMP has been terminated. (Sec. 324) Declares that Congress encourages banks to work with homeowners to: (1) provide loan modifications to those that are eligible, and (2) assist with foreclosure prevention programs and information on loan modifications. Subtitle C: Bureau of Consumer Financial Protection - (Sec. 331) Amends the Consumer Financial Protection Act of 2010 to repeal the requirement for an annual transfer of funds from the Board of Governors of the Federal Reserve System to the Consumer Financial Protection Bureau (CFPB). Repeals: (1) the Consumer Financial Protection Fund, (2) the Victims Relief Fund, and (3) the authorization of appropriations and requirement for an annual report. Authorizes appropriations for FY2013-FY2014. Subtitle D: Repeal of the Office of Financial Research - (Sec. 341) Amends Dodd-Frank to eliminate the Office of Financial Research. Title IV: Committee on the Judiciary - Help Efficient, Accessible, Low-cost, Timely Healthcare (HEALTH) Act of 2012 - Sets conditions for lawsuits arising from health care liability claims and actions concerning the provision of health care goods or services or any medical product affecting interstate commerce. (Sec. 402) Establishes a statute of limitations of three years after the date of manifestation of injury or one year after the claimant discovers, or through the use of reasonable diligence should have discovered, the injury, whichever occurs first, unless tolled for any of the following: (1) upon proof of fraud, (2) intentional concealment, or (3) the presence in the the injured person of a foreign body that has no therapeutic or diagnostic purpose or effect. (Sec. 403) Limits noneconomic damages to $250,000, regardless of the number of parties against whom the action is brought or the number of separate claims or actions brought with respect to the same injury. Provides that each party shall be liable only for the amount of damages allocated to such party in direct proportion to such party's percentage of responsibility, and not for the share of any other person. Requires the court to supervise the arrangements for payment of damages to protect against conflicts of interest that may have the effect of reducing the amount of damages awarded that are actually paid to claimants. Limits contingent fees. (Sec. 405) Permits punitive damages to be awarded against any person in a health care lawsuit only if: (1) it is proven by clear and convincing evidence that such person acted with malicious intent to injure the claimant or that such person deliberately failed to avoid unnecessary injury such person knew the claimant was substantially certain to suffer; and (2) a judgment for compensatory damages has been rendered against that person. Sets forth factors that may be considered in determining the amount of punitive damages, which shall be limited to the greater of $250,000 or two times the amount of economic damages awarded. Prohibits the award of punitive damages against a manufacturer or distributor of, a supplier of any component or raw material of, or a health care provider that prescribes or dispenses, a medical product that complies with FDA standards. (Sec. 406) Requires the court, at the request of any party in the lawsuit, to enter a judgment ordering that future damages be paid by periodic payments, in accordance with the Uniform Periodic Payment of Judgments Act promulgated by the National Conference of Commissioners on Uniform State Laws, if an award of future damages equaling or exceeding $50,000 is made against a party with sufficient insurance or other assets to fund such a payment. Title V: Committee on Oversight and Government Reform - (Sec. 501) Increases federal employee contributions under the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS) by 5% of salary over 5 years, beginning in calendar year 2013. Increases retirement contributions for: (1) Members of Congress in CSRS and FERS and for congressional employees in CSRS by 8.5% (by 7.5% for congressional employees in FERS) of salary over 5 years, beginning in calendar year 2013; and (2) Members of Congress and certain federal employees who begin federal service after December 31, 2012, and who have less than 5 years of creditable service for retirement purposes (revised annuity employees). Requires any excess contributions made by an employee of the U.S. Postal Service (USPS) or the Postal Regulatory Commission (PRC) to be deposited to the credit of the Postal Service Fund, rather than the Civil Service Retirement and Disability Fund. Modifies rules for determining government contributions to CSRS and FERS made after December 31, 2012, and requires any excess contributions to FERS to be used for reducing the unfunded liability of CSRS. (Sec. 502) Eliminates the annuity supplement for FERS employees hired after December 31, 2012, except for certain law enforcement officers, firefighters, nuclear material couriers, border protection officers, and air traffic controllers. (Sec. 503) Allows federal employees (including employees of USPS and PRC) and Members of Congress in CSRS or FERS to deposit any payment they receive for accumulated and accrued annual or vacation leave into their Thrift Savings Fund accounts. Requires the Executive Director of the Federal Retirement Thrift Investment Board to promulgate regulations for such deposits. Title VI: Committee on Ways and Means - Subtitle A: Recapture of Overpayments Resulting From Certain Federally-subsidized Health Insurance - (Sec. 601) Amends the Internal Revenue Code to repeal the limitation on the recapture of advance payment amounts of the tax credit for health insurance premium assistance that exceed the allowable amount of such credit for certain low-income taxpayers. Subtitle B: Social Security Number Required to Claim the Refundable Portion of the Child Tax Credit - (Sec. 611) Requires taxpayers who are claiming the refundable portion of the child tax credit to include their social security numbers on their tax returns. Subtitle C: Human Resources Provisions - (Sec. 621) Repeals the program of block grants to states for social services under title XX (Block Grants to States for Social Services) of the Social Security Act, effective October 1, 2012. Title VII: Sequester Replacement - Sequester Replacement Act of 2012 - (Sec. 702) Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to remove veterans' medical care from the accounts subject to a sequester. (Sec. 703) Abolishes the distinction between security and nonsecurity categories of discretionary spending for new budget authority in FY2013. Combines the dollar amounts of the current categories ($686 billion for the security category and $361 billion for the nonsecurity category) into a single amount of $1.047 trillion in new budget authority. Revises sequestration requirements for FY2013 to require a $19.104 billion across-the-board decrease in the discretionary spending category as of January 2, 2013. Directs the Office of Management and Budget (OMB) to issue a supplemental sequestration report for FY2013 to eliminate any discretionary spending breach of the $1.047 trillion spending limit, as adjusted by the $19.104 billion across-the-board reduction requirement of this Act. Directs the President to order a sequestration, if any, as required by such report. (Sec. 704) Amends the Congressional Budget Act of 1974 to authorize the chair of the Committee on the Budget of the House of Representatives or the Senate to make adjustments to any legislative measure to conform to the discretionary spending limits of this Act. (Sec. 706) Nullifies any sequestration order the President may issue under the Gramm-Rudman-Hollings Act to carry out reductions to direct spending for the FY2013 defense function (050).

spending reduction act title agriculture sec amends american_recovery_and_reinvestment_act terminate increase value supplemental nutrition assistance program snap food stamp program benefits puerto_rico american_samoa march sec amends food_and_nutrition_act_of_2008 limit categorical snap eligibility households receiving specified program benefits cash sec eliminates requirement state agency standard utility allowance provide allowance household receives assistance low income home energy assistance_act energy assistance program household incurs pocket heating cooling expenses exceeding assistance sec eliminates administrative cost sharing states certain employment training programs state bonus programs effective snap administration indexing nutrition education obesity prevention grant program reduces fy2013 funding employment training programs sec authorizes fy2013 appropriations carry food_and_nutrition_act_of_2008 sec states title amendments title shall effect enactment act shall apply respect certification periods begin date title committee energy commerce subtitle repeal certain funding provisions sec amends patient_protection affordable care act ppaca repeal provisions appropriating funds secretary health_and_human_services hhs award grants states activities including planning activities related establishing american_health_benefit_exchange state health insurance exchange establishing appropriating funds prevention_and_public_health_fund fund provide expanded sustained national investment prevention public health programs improve health help restrain rate growth private public sector health_care costs appropriating funds establishment operation consumer operated oriented plan program designed foster creation qualified nonprofit health insurance issuers offer qualified health plans individual small group markets rescinds unobligated balance appropriated provisions subtitle medicaid sec amends title xix medicaid social_security_act ssa extend reduction threshold level permissible state taxes health_care providers federal funding state medicaid reduced reduce state disproportionate share hospital dsh allotment fy2022 repeal provisions prohibiting states reducing eligibility levels medicaid sec amends title xxi state children health insurance program chip known schip ssa repeal provisions prohibiting states reducing eligibility levels chip sec repeals provisions increased medicaid payments territories fy2019 decreases federal medical assistance percentage fmap puerto_rico virgin_islands guam northern_mariana_islands american_samoa sec repeals provisions providing bonus payments states enrollment retention programs children covered medicaid chip title iii financial_services subtitle orderly liquidation fund sec amends dodd-frank_wall_street_reform consumer protection act dodd-frank repeal authority judicial procedures orderly liquidation certain financial companies orderly liquidation fund subtitle home_affordable_modification_program hamp termination act sec amends emergency_economic_stabilization_act prohibit secretary treasury secretary providing assistance home_affordable_modification_program hamp making home affordable initiative exempts prohibition assistance provided behalf homeowners offer participate hamp provided enactment act prohibits certain unobligated funds available hamp restricts use funds solely federal budget deficit reduction directs secretary study extent usage hamp impact covered homeowners publish department_of_the_treasury website hamp terminated sec declares congress encourages banks work homeowners provide loan modifications eligible assist foreclosure prevention programs information loan modifications subtitle bureau_of_consumer_financial_protection sec amends consumer_financial_protection_act repeal requirement annual transfer funds board_of_governors federal_reserve_system consumer_financial_protection_bureau cfpb repeals consumer financial protection fund victims relief fund authorization appropriations requirement annual report authorizes appropriations fy2013 fy2014 subtitle repeal office_of_financial_research sec amends dodd-frank eliminate office_of_financial_research title committee judiciary help efficient accessible low cost timely healthcare health act sets conditions lawsuits arising health_care liability claims actions concerning provision health_care goods services medical product affecting interstate commerce sec establishes statute limitations years date manifestation injury year claimant discovers use reasonable diligence discovered injury whichever occurs tolled following proof fraud intentional concealment presence injured person foreign body therapeutic diagnostic purpose effect sec limits noneconomic damages regardless number parties action brought number separate claims actions brought respect injury provides party shall liable damages allocated party direct proportion party percentage responsibility share person requires court supervise arrangements payment damages protect conflicts interest effect reducing damages awarded actually paid claimants limits contingent fees sec permits punitive damages awarded person health_care lawsuit proven clear convincing evidence person acted malicious intent injure claimant person deliberately failed avoid unnecessary injury person knew claimant substantially certain suffer judgment compensatory damages rendered person sets forth factors considered determining punitive damages shall limited greater times economic damages awarded prohibits award punitive damages manufacturer distributor supplier component raw material health_care provider prescribes dispenses medical product complies fda standards sec requires court request party lawsuit enter judgment ordering future damages paid periodic payments accordance uniform periodic payment judgments act promulgated national conference commissioners uniform state laws award future damages exceeding party sufficient insurance assets fund payment title committee oversight government reform sec increases federal employee contributions civil_service_retirement_system csrs federal employees retirement system fers salary years beginning calendar year increases retirement contributions members congress csrs fers congressional employees csrs congressional employees fers salary years beginning calendar year members congress certain federal employees begin federal service december years creditable service retirement purposes revised annuity employees requires excess contributions employee postal_service usps postal_regulatory_commission prc deposited credit postal_service fund civil_service_retirement_and_disability_fund modifies rules determining government contributions csrs fers december requires excess contributions fers reducing unfunded liability csrs sec eliminates annuity supplement fers employees hired december certain law enforcement officers firefighters nuclear material border_protection officers air traffic controllers sec allows federal employees including employees usps prc members congress csrs fers deposit payment receive accumulated accrued annual vacation leave thrift_savings_fund accounts requires executive director federal_retirement_thrift_investment_board promulgate regulations deposits title committee ways_and_means subtitle recapture overpayments resulting certain federally subsidized health insurance sec amends_the_internal_revenue_code repeal limitation recapture advance payment amounts tax credit health insurance premium assistance exceed allowable credit certain low income taxpayers subtitle social_security number required claim refundable portion child tax credit sec requires taxpayers claiming refundable portion child tax credit include social_security numbers tax returns subtitle human resources provisions sec repeals program block grants states social_services title block grants states social_services social_security_act effective october title vii sequester replacement sequester replacement act sec amends balanced_budget emergency deficit control act gramm rudman hollings act remove veterans medical care accounts subject sequester sec abolishes distinction security nonsecurity categories discretionary spending new budget authority fy2013 combines dollar amounts current categories billion security category billion nonsecurity category single trillion new budget authority revises sequestration requirements fy2013 require billion board decrease discretionary spending category january directs office_of_management_and_budget omb issue supplemental sequestration report fy2013 eliminate discretionary spending breach trillion spending limit adjusted billion board reduction requirement act directs president order sequestration required report sec amends congressional_budget_act authorize chair committee budget house_of_representatives senate adjustments legislative measure conform discretionary spending limits act sec nullifies sequestration order president issue gramm rudman hollings act carry reductions direct spending fy2013 defense function


Summary: Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to eliminate automatic sequestrations for FY2013. (The Gramm-Rudman-Hollings Act was amended by the Budget Control Act of 2011 to revise the discretionary spending limits and reduce the discretionary appropriations and direct spending specified in the Gramm-Rudman-Hollings Act unless a joint committee bill achieving an amount greater than $1.2 trillion in deficit reduction is enacted by January 15, 2012.) Prohibits the President from issuing a sequestration order to carry out any sequestration that the Director of the Office of Management and Budget (OMB) estimates is required for FY2013.

amends balanced_budget emergency deficit control act gramm rudman hollings act eliminate automatic fy2013 gramm rudman hollings act amended budget_control_act revise discretionary spending limits reduce discretionary appropriations direct spending specified gramm rudman hollings act joint_committee bill achieving greater trillion deficit reduction enacted january prohibits president issuing sequestration order carry sequestration director office_of_management_and_budget omb estimates required fy2013


Summary: Cut Federal Spending Act of 2011 - Reduces FY2011 appropriations by specified amounts for: (1) the legislative branch; (2) the judicial branch; (3) the Department of Agriculture (USDA), including the Forest Service; (4) the Department of Commerce, including the National Oceanic and Atmospheric Administration (NOAA); (5) the Department of Defense (DOD) military personnel, procurement, operations and maintenance, research and development, and War funding/Overseas Contingency; (6) the Department of Energy (DOE); (7) the Department of Health and Human Services (HHS), including the Food and Drug Administration (FDA), the Health Resources and Services Administration, the Indian Health Service, the Center for Disease Control and Prevention (CDC), the National Institute of Health (NIH), and the Substance Abuse and Mental Health Service Administration; (8) the Department of Homeland Security (DHS), including the Transportation Security Administration (TSA); (9) the Department of Interior, including Land and Mineral Management, the U.S. Geological Survey, the National Park Service (NPS); and (10) the Department of Justice (DOJ). Reduces FY2011 appropriations for: (1) the Department of Labor, except for the Occupational Safety and Health Administration (OSHA), the Mine Safety and Health Administration, and the Employment and Training Administration (including all unemployment compensation); (2) the Department of State; (3) the Department of Transportation (DOT); (4) the U.S. Army Corps of Engineers; (5) the Environment Protection Agency (EPA); (6) the General Services Administration (GSA); (7) the National Aeronautics and Space Administration (NASA); (8) the National Science Foundation (NSF); (9) the Office of Personnel and Management (OPM); and (10) the Federal Communications Commission (FCC). Defunds entirely: (1) the Government Printing Office (GPO); (2) the Agriculture Research Service, the National Institute of Food and Agriculture, the Resources Conservation Service, and the Foreign Agricultural Service of the USDA; (3) all Department of Education programs, except the Pell grant program, which is capped; (4) all Department of Housing and Urban Development (HUD) programs, except Veteran housing programs, which are transferred to the Department of Veterans Affairs (VA); (5) all Bureau of Indian Affairs (BIA) accounts and programs of the Department of the Interior; (6) the DOJ Office of Justice Programs accounts and programs; (7) International Organizations and Conferences and International Commissions of the State Department; (8) Amtrak federal subsidies; (9) the Affordable Housing Program; (10) the Commission on Fine Arts; (11) the Consumer Product Safety Commission (CPSC); (12) the Corporation for Public Broadcasting; (13) the National Endowment for the Arts (NEA); (14) the National Endowment for the Humanities (NEH); and (15) the State Justice Institute. Transfers: (1) all DOE accounts to DOD, and (2) the U.S. Coast Guard funds and accounts from DHS to DOD. Excludes the VA and the Social Security Administration from funding cuts for FY2011. Specifies FY2011 savings with respect to: (1) collection of delinquent taxes from federal employees, (2) a freeze on federal employee pay, (3) federal government travel, (4) a prohibition against union labor project agreements, (5) sale of unused federal assets, and (6) the federal government vehicle budget. Repeals the Davis-Bacon Act and the Troubled Asset Relief Program (TARP), with specified resulting savings.

cut federal spending act reduces fy2011 appropriations specified amounts legislative branch judicial_branch department_of_agriculture usda including forest_service department_of_commerce including national_oceanic_and_atmospheric_administration noaa department_of_defense dod military personnel procurement operations maintenance research development war funding overseas contingency department_of_energy doe department_of_health_and_human_services hhs including food_and_drug_administration fda health_resources_and_services_administration indian_health_service center disease control prevention cdc national institute health nih substance abuse mental health service administration department_of_homeland_security dhs including transportation_security_administration tsa department_of_interior including land mineral management geological survey national_park_service nps department_of_justice doj reduces fy2011 appropriations department_of_labor occupational_safety_and_health_administration osha safety_and_health_administration employment_and_training_administration including unemployment compensation department_of_state department_of_transportation dot army_corps_of_engineers environment protection agency epa general_services_administration gsa national_aeronautics_and_space_administration nasa national_science_foundation nsf office personnel management opm federal_communications_commission fcc entirely government_printing_office gpo agriculture research service national_institute_of_food_and_agriculture resources conservation service foreign agricultural service usda department_of_education programs pell_grant program capped department_of_housing_and_urban_development hud programs veteran housing programs transferred department_of_veterans_affairs bureau_of_indian_affairs bia accounts programs department_of_the_interior doj office_of_justice_programs accounts programs international organizations conferences international commissions state_department amtrak federal subsidies affordable housing program commission fine arts consumer_product_safety_commission cpsc corporation_for_public_broadcasting national_endowment_for_the_arts national_endowment_for_the_humanities state_justice_institute transfers doe accounts dod coast_guard funds accounts dhs dod excludes social_security_administration funding cuts fy2011 specifies fy2011 savings respect collection delinquent taxes federal employees freeze federal employee pay federal_government travel prohibition union labor project agreements sale unused federal assets federal_government vehicle budget repeals davis-bacon_act troubled_asset_relief_program tarp specified resulting savings


Summary: Spending Reduction Act of 2011 - Amends the Continuing Appropriations Act, 2011 (CAA of 2011) to reduce FY2011 appropriations for nonsecurity discretionary spending to FY2008 levels. Requires funding at the lower amount of any project or activity whose FY2008 level is higher than the amount provided in appropriations Acts for FY2010. Continues discretionary spending at the current rate for operations specified in the security-related appropriations Acts for FY2010 listed in the CAA of 2011, including the rate specified in Division E of the Consolidated Appropriations Act, 2010. Amends the Balanced Budget and Emergency Deficit Control Act of 1985(Gramm-Rudman-Hollings) to: (1) modify the formula used to estimate the baseline, (2) eliminate automatic increases for inflation, and (3) extend through FY2021 the spending limits (spending caps) for the nondefense discretionary category in new budget authority. Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (ARRA). Repeals ARRA stimulus authority with respect to: (1) assistance for unemployed workers and struggling families, (2) premium assistance for Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) benefits, (3) Medicare and Medicaid health information technology, (4) state fiscal relief, (5) broadband communications, and (6) limits on executive compensation. Amends the CAA of 2011 to extend the federal employee pay freeze through calendar year 2015. Limits the number of civilian employees in the executive branch. Makes persons having serious delinquent tax debts ineligible for federal employment. Bars the obligation or expenditure of funds for specified programs or purposes, including the Corporation for Public Broadcasting. Amends the Farm Security and Rural Investment Act of 2002 to terminate the national organic certification cost-share program. Prohibits: (1) unauthorized payments to the District of Columbia, or (2) payment of gratuities to survivors of Members of Congress. Davis-Bacon Repeal Act - Repeals the Davis-Bacon Act (which requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally-financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public works). Priorities in Education Spending Act - Repeals provisions of the Elementary and Secondary Education Act of 1965 to prioritize educational spending with respect to specified elementary and secondary programs. Amends the ARRA to repeal the temporary increase of Medicaid FMAP. Bans the construction or leasing of new federal buildings in the District of Columbia until January 2013, unless it is in the interest of national security. Amends the Internal Revenue Code to terminate the Presidential Election Campaign Fund. Amends the Federal Agriculture Improvement and Reform Act of 1996 to repeal the sugar loan program, and the Farm Security and Rural Investment Act of 2002 to repeal the feedstock flexibility program for bioenergy producers. Amends the Agricultural Adjustment Act of 1938 to repeal authority for sugar marketing allotments, the Agricultural Act of 1949 to repeal the sugar price support program, and the Agricultural Trade Act of 1978 to repeal the market access program. Amends the Food, Conservation, and Energy Act of 2008 to terminate the availability of marketing assistance loans and loan deficiency payments for mohair producers. Requires the Director of the Office of Management and Budget (OMB) to conduct a Federal Real Property Disposal Pilot Program for the expedited disposal of real property not meeting federal government needs. GSE Bailout Elimination and Taxpayer Protection Act - Requires the Director of the Federal Housing Finance Agency (FHFA) to: (1) terminate the conservatorship of the Federal National Mortgage Association (Fannie Mae) and/or the Federal Home Loan Mortgage Corporation (Freddie Mac) if such government-sponsored enterprise (GSE) is found financially viable, or (2) appoint the FHFA immediately as receiver of either GSE if it is found not to be financially viable. Prescribes requirements to: (1) limit government printing costs, (2) deposit Internal Revenue Service users fees in the Treasury as general receipts, (3) limit government travel costs, and (4) reduce federal vehicle costs. Repeals specified federal laws that prohibit public-private competitions for conversion to contractor performance of functions performed by federal employees pursuant to OMB Circular A-76. Deauthorizes appropriations to carry out the Patient Protection and Affordable Care Act (PPACA) or the Health Care and Education Reconciliation Act of 2010 (HCERA), or any amendments made by them. Rescinds the unobligated balance of HCERA funds made available for the Health Insurance Reform Implementation Fund. Amends the Internal Revenue Code to require every individual, regardless of income tax liability for the taxable year, to designate a specified overpayment amount to reduce the federal deficit. Amends the Gramm-Rudman-Hollings Act to require a taxpayer-generated sequestration of federal spending to reduce the deficit. Amends the CAA of 2011 to prohibit the use of appropriations or funds made available or authority granted pursuant to this Act to carry out any program under, promulgate any regulation pursuant to, or defend against any lawsuit challenging any provision of the PPACA or the HCERA or any amendment made by them.

spending reduction act amends continuing appropriations act caa reduce fy2011 appropriations nonsecurity discretionary spending fy2008 levels requires funding lower project activity fy2008 level higher provided appropriations acts fy2010 continues discretionary spending current rate operations specified security related appropriations acts fy2010 listed caa including rate specified division consolidated_appropriations_act amends balanced_budget emergency deficit control act rudman hollings modify formula estimate baseline eliminate automatic increases inflation extend fy2021 spending limits spending caps nondefense discretionary category new budget authority rescinds unobligated balances discretionary appropriations available division american_recovery_and_reinvestment_act arra repeals arra stimulus authority respect assistance_for_unemployed_workers struggling families premium assistance consolidated_omnibus_budget_reconciliation_act cobra benefits medicare medicaid health information technology state fiscal relief broadband communications limits executive compensation amends caa extend federal employee pay freeze calendar year limits number civilian employees executive branch makes persons having delinquent tax debts ineligible federal employment bars obligation expenditure funds specified programs purposes including corporation_for_public_broadcasting amends farm_security rural investment act terminate national organic certification cost share program prohibits unauthorized payments district_of_columbia payment gratuities survivors members congress davis bacon repeal act repeals davis-bacon_act requires locally prevailing wage rate paid classes laborers mechanics working federally financed federally assisted contracts construction alteration repair public buildings public works priorities education spending act repeals provisions elementary secondary education act prioritize educational spending respect specified elementary secondary programs amends arra repeal temporary increase medicaid fmap bans construction leasing new federal buildings district_of_columbia january interest national security amends_the_internal_revenue_code terminate presidential_election_campaign_fund amends federal_agriculture_improvement reform_act repeal sugar loan program farm_security rural investment act repeal feedstock flexibility program bioenergy producers amends agricultural adjustment act repeal authority sugar marketing allotments agricultural act repeal sugar price support program agricultural trade act repeal market access program amends food conservation energy act terminate availability marketing assistance loans loan deficiency payments producers requires director office_of_management_and_budget omb conduct federal real property disposal pilot program expedited disposal real property meeting federal_government needs gse bailout elimination taxpayer protection act_-_requires director federal_housing_finance_agency fhfa terminate conservatorship federal_national_mortgage_association fannie_mae federal_home_loan_mortgage_corporation freddie_mac government sponsored enterprise gse found financially viable appoint fhfa immediately receiver gse found financially viable prescribes requirements limit government printing costs deposit internal_revenue_service users fees treasury general receipts limit government travel costs reduce federal vehicle costs repeals specified federal laws prohibit public private competitions conversion contractor performance functions performed federal employees pursuant omb circular a-76 deauthorizes appropriations carry patient_protection affordable care act ppaca health_care_and_education reconciliation act amendments rescinds unobligated balance funds available health insurance reform implementation fund amends_the_internal_revenue_code require individual regardless income tax liability taxable year designate specified overpayment reduce federal deficit amends gramm rudman hollings act require taxpayer generated sequestration federal spending reduce deficit amends caa prohibit use appropriations funds available authority granted pursuant act carry program promulgate regulation pursuant defend lawsuit challenging provision ppaca amendment


Summary: Biennial Budgeting and Appropriations Act - Amends the Congressional Budget Act of 1974 to require: (1) biennial (currently, annual) budget resolutions; (2) biennial appropriations Acts; and (3) biennial government strategic and performance plans. Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year. Requires the Director of the Office of Management and Budget (OMB) to: (1) determine the impact and feasibility of changing the definition of a fiscal year and the budget process based on that definition to a two-year fiscal period with a biennial budget process based on such period; and (2) report the findings to the House and Senate Budget Committees.

biennial budgeting appropriations act_-_amends congressional_budget_act require biennial currently annual budget resolutions biennial appropriations acts biennial government strategic performance plans defines budget consecutive fiscal years beginning october odd numbered year requires director office_of_management_and_budget omb determine impact feasibility changing definition fiscal year budget process based definition year fiscal period biennial budget process based period report findings house senate_budget_committees