H.R. 1999 · 115th Congress
Federal Budget Accountability Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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BuckSponsor20 cosponsors · 1 D, 19 R
R
Brat
BB
R
Babin
AB
R
Biggs
SD
R
DesJarlais
PG
R
Gosar
HG
R
Griffith
GG
R
Grothman
JH
R
Hice
MM
R
Meadows
JP
D
Polis
SP
R
Perry
GP
R
Palmer
JR
R
Renacci
MS
R
Sanford
DD
R
Donovan
TC
R
Cole
RW
R
Woodall
TR
R
Rokita
BC
R
Carter
AF
R
Ferguson14 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Office of Management and Budget (OMB) to report annually to Congress on the effect of provisions of legislation for the previous congressional session that were enacted to offset or pay for the costs of carrying out the legislation, including provisions that increase revenue, rescind budget authority, or reduce direct spending.
What it does: CRS summary · Introduced in House · Apr 6, 2017
Federal Budget Accountability Act
This bill requires the Office of Management and Budget (OMB) to report annually to Congress on the effect of provisions of legislation for the previous congressional session that were enacted to offset or pay for the costs of carrying out the legislation, including provisions that increase revenue, rescind budget authority, or reduce direct spending.
The OMB must also establish and report to Congress on a system to track the accuracy of the offsets and pay-fors. (Under the bill, an "offset and pay-for" is an estimate by the Congressional Budget Office for a provision of legislation that reduces spending, increases revenue, or reduces the deficit.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Budget Accountability Act
Latest action (Apr 6, 2017): Referred to the House Committee on the Budget.
Policy area: Economics and Public Finance · Origin: House · Introduced: Apr 6, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.