3.0.0 2371 2023-01-11T13:26:20Z 2023-01-11T13:26:20Z Senate S S 2014-05-21 113 ssbu00 Budget Committee Senate Standing Referred to 2014-05-21T17:35:58Z Pro-Growth Budgeting Act of 2014 113 1874 HR 2014-04-07 Received in the Senate and Read twice and referred to the Committee on the Budget. Related bill CRS 2014-05-21 ssbu00 Budget Committee Senate Read twice and referred to the Committee on the Budget. IntroReferral 2014-05-21 Introduced in Senate IntroReferral 10000 9 Library of Congress P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH N G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2014-05-21 True K000360 Sen. Kirk, Mark Steven [R-IL] MARK KIRK R IL STEVEN 2014-05-21 True C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2014-05-21 True F000444 Sen. Flake, Jeff [R-AZ] JEFF FLAKE R AZ 2014-05-21 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2014-05-21 True J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2014-05-21 True I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2014-05-21 True C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2014-05-21 True R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2014-05-21 True B001261 Sen. Barrasso, John [R-WY] John Barrasso R WY 2014-05-21 True T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2014-05-21 True S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2014-05-21 True V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2014-05-21 True A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH 2014-05-21 True L000577 Sen. Lee, Mike [R-UT] Mike Lee R UT 2014-05-21 True B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2014-05-21 True F000463 Sen. Fischer, Deb [R-NE] Deb Fischer R NE 2014-05-21 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2014-06-03 False Economics and Public Finance Budget process Congressional oversight Economic performance and conditions Legislative rules and procedure Economics and Public Finance 00 2014-05-21 Introduced in Senate 2014-06-06T21:17:43Z Accurate Budgeting Act - Amends the Congressional Budget Act of 1974 to require the Joint Committee on Taxation to prepare for each major revenue bill or resolution, reported by specified congressional tax committees or considered on the floor of either chamber, as a supplement to Congressional Budget Office (CBO) cost estimates, a macroeconomic impact analysis of the budgetary effects of the legislation for: (1) the 10-fiscal year period beginning with the first fiscal year for which such estimate was prepared, and (2) each of the next three 10-fiscal year periods.

Defines "major revenue bill or resolution" as a bill, resolution, or conference report for which either:

  • the sum of the positive changes in revenues resulting from such measure (not including the impact of any timing shifts for the due date for estimated corporate income tax payments) for any fiscal year in the period for which a CBO cost estimate is prepared, or
  • the absolute value of the sum of the negative changes in revenues resulting from such measure,

is greater than 0.25% of the current projected U.S. gross domestic product (GDP) for that fiscal year.

]]> Accurate Budgeting Act Display Title Accurate Budgeting Act Official Title as Introduced A bill to amend the Congressional Budget Act of 1974 to provide for macroeconomic analysis of the impact of major revenue legislation. Introduced in Senate IS Short Titles as Introduced Accurate Budgeting Act Introduced in Senate 2014-05-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2371is/xml/BILLS-113s2371is.xml 2014-05-21 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.