Cost Estimates Improvement Act
Latest action · May 16, 2024 Ordered to be Reported by the Yeas and Nays: 17 - 7.
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.
- IntroducedMay 10, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Cost Estimates Improvement Act
This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.
Cosponsors 19
Members who signed on, in the order they did. Signatures ran from May 10, 2024 to Jul 9, 2024; 4 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-PA | Daniel Meuser | Original | May 10, 2024 |
| D-HI | Ed Case | Original | May 10, 2024 |
| D-ME | Jared F. Golden | Original | May 10, 2024 |
| R-CA | Tom McClintock | Original | May 10, 2024 |
| R-AZ | Andy Biggs | May 14, 2024 | |
| R-FL | Byron Donalds | May 14, 2024 | |
| R-NC | Dan Bishop | May 14, 2024 | |
| R-NC | David Rouzer | May 14, 2024 | |
| R-AZ | Debbie Lesko | May 14, 2024 | |
| R-WI | Glenn Grothman | May 14, 2024 | |
| R-IN | James R. Baird | May 14, 2024 | |
| R-SC | Nancy Mace | May 14, 2024 | |
| R-SC | Ralph Norman | May 14, 2024 | |
| R-GA | Richard McCormick | May 14, 2024 | |
| D-MN | Dean Phillips | May 15, 2024 | |
| R-GA | Earl L. "Buddy" Carter | May 15, 2024 | |
| R-MI | Jack Bergman | May 15, 2024 | |
| R-TN | John W. Rose | May 15, 2024 | |
| R-MI | Bill Huizenga | Jul 9, 2024 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Rules Committee | Referred May 10, 2024 |
| House | Budget Committee | Referred May 10, 2024Markup May 16, 2024 |
Actions 4
Everything that happened, newest first.
- May 16, 2024Committee Consideration and Mark-up Session Held
- May 16, 2024Ordered to be Reported by the Yeas and Nays: 17 - 7.
- May 10, 2024Introduced in House
- May 10, 2024Referred 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.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Congressional Budget Office cost estimate
- Jun 13, 2024H.R. 8341, Cost Estimates Improvement ActAs ordered reported by the House Committee on the Budget on May 16, 2024
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 170, no. 82, May 10, 2024, page H3006.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 311 | Cost Estimates Improvement Act | Related bill | Jan 12, 2023 |
| HR 362 | BASIC Act | Related bill | Jan 13, 2023 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.
- Short Title(s) as Introduced
- Cost Estimates Improvement Act
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- May 10, 2024Introduced in House
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.