S. 749 · 114th Congress
Honest Scoring Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill requires the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to provide estimates of the macroeconomic effects of major legislation.
What it does: CRS summary · Introduced in Senate · Mar 17, 2015
The Honest Scoring Act of 2015
This bill requires the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to provide estimates of the macroeconomic effects of major legislation. These estimates are frequently referred to as dynamic scoring and include estimates of the budgetary effects from changes in economic output, employment, capital stock, interest rates, and other macroeconomic variables resulting from the legislation.
The CBO and the JCT must provide the estimates for legislation that has a budgetary effect exceeding $15 billion in any fiscal year before incorporating macroeconomic effects, or is designated as major legislation by either the Chairman of the House Budget Committee or the Chairman of the Senate Budget Committee. The CBO and the JCT must also continue to provide estimates of budgetary effects without macroeconomic effects.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Honest Scoring Act of 2015
Latest action (Mar 17, 2015): Read twice and referred to the Committee on the Budget.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Mar 17, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.