3.0.0 1996 2019-02-20T23:24:04Z 2019-02-23T17:38:13Z Senate S S 2011-12-15 112 ssbu00 Budget Committee Senate Standing Referred to 2011-12-15T15:43:17Z Pro-Growth Budgeting Act of 2012 112 3582 HR 2012-02-06 Received in the Senate and Read twice and referred to the Committee on the Budget. Identical bill CRS 2011-12-15 ssbu00 Budget Committee Senate Read twice and referred to the Committee on the Budget. IntroReferral 2011-12-15 Introduced in Senate IntroReferral 10000 9 Library of Congress A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH N R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2011-12-15 True J000293 Sen. Johnson, Ron [R-WI] Ron Johnson R WI 2011-12-15 True Economics and Public Finance Budget process Congressional oversight Economic performance and conditions Economic theory Government studies and investigations Legislative rules and procedure Economics and Public Finance 00 2011-12-15 Introduced in Senate 2012-01-31T16:23:05Z Pro-Growth Budgeting Act of 2011 - Amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) to prepare for each major bill or resolution reported by any congressional committee (except the congressional appropriations committees), as a supplement to CBO cost estimates, a macroeconomic impact analysis of the costs of such legislation for: (1) the period for which the cost estimate is prepared, and (2) the 10-fiscal year period beginning with the first fiscal year after the last fiscal year for which such estimate was prepared and each of the 2 next 10-fiscal year periods.

Defines "major bill or resolution" as any bill or resolution whose budgetary effects, for any fiscal year in the period for which a CBO cost estimate is prepared, is estimated to be greater than .25% of the current projected U.S. gross domestic product (GDP) for that fiscal year.

Requires the analysis to describe: (1) the potential economic impact of the bill or resolution on major economic variables, including real GDP, business investment, the capital stock, employment, and labor supply; and (2) the potential fiscal effects of the measure, including any estimates of revenue increases or decreases resulting from changes in GDP.

]]> Pro-Growth Budgeting Act of 2011 Short Titles as Introduced Pro-Growth Budgeting Act of 2011 Display Title Pro-Growth Budgeting Act of 2011 Official Title as Introduced A bill to amend the Congressional Budget Act of 1974 to provide for macroeconomic analysis of the impact of legislation. Introduced in Senate 2011-12-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1996is/xml/BILLS-112s1996is.xml 2011-12-15 Read twice and referred to the Committee on the Budget. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.