1 | 1 | | I |
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2 | 2 | | 119THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION H. R. 2666 |
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5 | 5 | | To amend the Congressional Budget and Impoundment Control Act of 1974 |
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6 | 6 | | to require the Congressional Budget Office to provide an analysis with |
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7 | 7 | | respect to major legislation over time, and for other purposes. |
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8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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9 | 9 | | APRIL7, 2025 |
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10 | 10 | | Mr. B |
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11 | 11 | | ARR(for himself, Mrs. WAGNER, Mr. NEHLS, Mr. EVANSof Colorado, |
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12 | 12 | | Mr. L |
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13 | 13 | | ATTA, Mr. EDWARDS, Ms. TENNEY, Mr. ROSE, Mr. MCGUIRE, Mr. |
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14 | 14 | | R |
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15 | 15 | | UTHERFORD, Mrs. MILLERof Illinois, Mr. MILLS, Mr. HURDof Colo- |
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16 | 16 | | rado, Mr. V |
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17 | 17 | | ANORDEN, Mr. WESTERMAN, Mr. MCCORMICK, Mr. ISSA, |
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18 | 18 | | Mr. O |
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19 | 19 | | GLES, and Mr. COLLINS) introduced the following bill; which was |
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20 | 20 | | referred to the Committee on the Budget |
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21 | 21 | | A BILL |
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22 | 22 | | To amend the Congressional Budget and Impoundment Con- |
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23 | 23 | | trol Act of 1974 to require the Congressional Budget |
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24 | 24 | | Office to provide an analysis with respect to major legis- |
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25 | 25 | | lation over time, and for other purposes. |
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26 | 26 | | Be it enacted by the Senate and House of Representa-1 |
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27 | 27 | | tives of the United States of America in Congress assembled, 2 |
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28 | 28 | | SECTION 1. SHORT TITLE. 3 |
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29 | 29 | | This Act may be cited as the ‘‘CBO Scoring Account-4 |
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30 | 30 | | ability Act’’. 5 |
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32 | 32 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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33 | 33 | | •HR 2666 IH |
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34 | 34 | | SEC. 2. SUPPLEMENTAL ANALYSIS WITH RESPECT TO 1 |
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35 | 35 | | MAJOR LEGISLATION. 2 |
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36 | 36 | | (a) I |
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37 | 37 | | NGENERAL.—Part A of title IV of the Congres-3 |
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38 | 38 | | sional Budget and Impoundment Control Act of 1974 is 4 |
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39 | 39 | | amended by adding at the end the following: 5 |
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40 | 40 | | ‘‘ |
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41 | 41 | | SUPPLEMENTAL ESTIMATES OF MAJOR LEGISLATION 6 |
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42 | 42 | | ‘‘S |
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43 | 43 | | EC. 407. (a) MANDATORYANALYSIS OFMAJOR 7 |
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44 | 44 | | L |
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45 | 45 | | EGISLATIONENACTEDINTOLAW.—Not later than an-8 |
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46 | 46 | | nually for the first 10 years after the date of the enact-9 |
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47 | 47 | | ment of any major legislation, the Director of the Congres-10 |
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48 | 48 | | sional Budget Office shall prepare and make publicly 11 |
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49 | 49 | | available an analysis of the results of carrying out the pro-12 |
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50 | 50 | | visions of such major legislation, which shall include— 13 |
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51 | 51 | | ‘‘(1) an estimate of the costs and the amount 14 |
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52 | 52 | | of any change in Federal revenues as a result of 15 |
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53 | 53 | | such legislation; 16 |
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54 | 54 | | ‘‘(2) a comparison of such costs or changes in 17 |
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55 | 55 | | Federal revenue against previous estimates prepared 18 |
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56 | 56 | | with respect to such legislation; and 19 |
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57 | 57 | | ‘‘(3) an update to any estimates for the costs 20 |
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58 | 58 | | or changes in Federal revenue for such major legis-21 |
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59 | 59 | | lation, as applicable. 22 |
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60 | 60 | | ‘‘(b) R |
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61 | 61 | | EPORT TOCONGRESS.—With respect to an 23 |
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62 | 62 | | analysis prepared under subsection (a) for any major leg-24 |
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63 | 63 | | islation, the Director shall submit to Congress a report 25 |
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64 | 64 | | that explains the cause of a discrepancy if there is, with 26 |
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67 | 67 | | •HR 2666 IH |
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68 | 68 | | respect to any provision in such legislation, any discrep-1 |
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69 | 69 | | ancy— 2 |
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70 | 70 | | ‘‘(1) between the actual costs provided in such 3 |
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71 | 71 | | analysis and such costs as provided in previous esti-4 |
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72 | 72 | | mates for such legislation that is greater than or 5 |
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73 | 73 | | equal to a 10 percent difference; or 6 |
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74 | 74 | | ‘‘(2) between the actual changes in Federal rev-7 |
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75 | 75 | | enue provided in such analysis and such changes as 8 |
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76 | 76 | | provided in previous estimates for such legislation 9 |
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77 | 77 | | that is greater than or equal to a 10 percent dif-10 |
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78 | 78 | | ference. 11 |
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79 | 79 | | ‘‘(c) A |
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80 | 80 | | GENCYASSISTANCE.—Each department, agen-12 |
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81 | 81 | | cy, establishment, or regulatory agency or commission, 13 |
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82 | 82 | | shall provide to the Director such information and assist-14 |
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83 | 83 | | ance as the Director may reasonably request to assist the 15 |
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84 | 84 | | Director in carrying out this section. 16 |
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85 | 85 | | ‘‘(d) M |
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86 | 86 | | AJORLEGISLATIONDEFINED.—In this sec-17 |
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87 | 87 | | tion, the term ‘major legislation’ means any bill or joint 18 |
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88 | 88 | | resolution that would be projected to result in outlays of 19 |
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89 | 89 | | mandatory spending or receipts of Federal revenue equal 20 |
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90 | 90 | | to or greater than 0.25 percent of the current projected 21 |
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91 | 91 | | gross domestic product of the United States for that 22 |
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92 | 92 | | year.’’. 23 |
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93 | 93 | | (b) C |
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94 | 94 | | LERICALAMENDMENT.—The table of contents 24 |
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95 | 95 | | in section 1(b) of the Congressional Budget and Impound-25 |
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98 | 98 | | •HR 2666 IH |
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99 | 99 | | ment Control Act of 1974 is amended by inserting after 1 |
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100 | 100 | | the item relating to section 406 the following: 2 |
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101 | 101 | | ‘‘Sec. 407. Supplemental estimates of major legislation.’’. |
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102 | 102 | | Æ |
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