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US HB991

Bill

Status

Introduced

2/5/2025

Primary Sponsor

Michael Cloud

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Requires the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) to include debt servicing costs in their budget estimates for legislation, to the extent practicable
  • Amends the Congressional Budget and Impoundment Control Act of 1974 by adding a new Section 403
  • Introduced February 5, 2025 with bipartisan sponsorship from 15 House members
  • Referred to the House Committee on Rules and Committee on the Budget

Legislative Description

Cost Estimates Improvement Act

Economics and public finance

Last Action

Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2/5/2025

Committee Referrals

Rules2/5/2025

Full Bill Text

No bill text available