S 932 · 115th Congress 2017–2019, ended

BASIC Act

Introduced Apr 25, 2017 Originated Senate Sponsor Steve Daines R-MT

Fact sheet

Latest action · Apr 25, 2017 Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S2532-2533)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedApr 25, 2017
Passed SenateNot reached
Passed HouseNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Budgetary Accuracy in Scoring Interest Costs Act of 2017 or the BASIC Act

This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.

Cosponsors 4

Members who signed on, in the order they did. All signed on Apr 25, 2017.

Seat	Cosponsor		Signed on
R-GA	David Perdue	Original	Apr 25, 2017
R-UT	Mike Lee	Original	Apr 25, 2017
R-KY	Rand Paul	Original	Apr 25, 2017
R-WI	Ron Johnson	Original	Apr 25, 2017

Actions 2

Everything that happened, newest first.

Apr 25, 2017Introduced in Senate
Apr 25, 2017Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S2532-2533)

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
HR 2125	BASIC Act	Identical bill	Apr 25, 2017

Subjects

Assigned by the Library of Congress. Policy area: Economics and Public Finance.

Text 1

Each version as it was printed, newest first.

Apr 25, 2017Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.