119-hr2666

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CBO Scoring Accountability Act

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Introduced:
Apr 7, 2025
Policy Area:
Economics and Public Finance

Bill Statistics

3
Actions
22
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Apr 7, 2025
Referred to the House Committee on the Budget.

Summaries (1)

Introduced in House - Apr 7, 2025 00
<p><strong>CBO Scoring Accountability Act</strong></p><p>This bill requires the Congressional Budget Office (CBO) to provide additional cost&nbsp;estimates and reports regarding&nbsp;major legislation that has been enacted into law.</p><p>Under the bill, <em>major legislation</em> is any bill or joint resolution that would be projected to result in outlays of mandatory spending or receipts of federal revenue equal to or greater than 0.25% of the current projected gross domestic product of the United States for that year.</p><p>For the first 10 years after&nbsp;major legislation has been enacted into law, the bill requires CBO to annually prepare and make publicly available an analysis of the results of carrying out the provisions of the legislation. The analysis must include</p><ul><li>an estimate of the costs and the change in federal revenue as a result of the legislation,</li><li>a comparison of the current and previous estimates of the costs and change in revenue, and</li><li>any applicable updates to the estimates.</li></ul><p>The bill also requires CBO to submit reports to Congress that explain any discrepancy between the actual and estimated costs and change in revenue that is greater than or equal to 10%.&nbsp;</p>

Actions (3)

Referred to the House Committee on the Budget.
Type: IntroReferral | Source: House floor actions | Code: H11100
Apr 7, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Apr 7, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Apr 7, 2025

Subjects (1)

Economics and Public Finance (Policy Area)

Cosponsors (20 of 22)

Text Versions (1)

Introduced in House

Apr 7, 2025

Full Bill Text

Length: 4,082 characters Version: Introduced in House Version Date: Apr 7, 2025 Last Updated: Nov 14, 2025 6:20 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2666 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 2666

To amend the Congressional Budget and Impoundment Control Act of 1974
to require the Congressional Budget Office to provide an analysis with
respect to major legislation over time, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

April 7, 2025

Mr. Barr (for himself, Mrs. Wagner, Mr. Nehls, Mr. Evans of Colorado,
Mr. Latta, Mr. Edwards, Ms. Tenney, Mr. Rose, Mr. McGuire, Mr.
Rutherford, Mrs. Miller of Illinois, Mr. Mills, Mr. Hurd of Colorado,
Mr. Van Orden, Mr. Westerman, Mr. McCormick, Mr. Issa, Mr. Ogles, and
Mr. Collins) introduced the following bill; which was referred to the
Committee on the Budget

_______________________________________________________________________

A BILL

To amend the Congressional Budget and Impoundment Control Act of 1974
to require the Congressional Budget Office to provide an analysis with
respect to major legislation over time, and for other purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``CBO Scoring Accountability Act''.
SEC. 2.

(a) In General.--Part A of title IV of the Congressional Budget and
Impoundment Control Act of 1974 is amended by adding at the end the
following:

``supplemental estimates of major legislation

``
Sec. 407.

(a) Mandatory Analysis of Major Legislation Enacted
Into Law.--Not later than annually for the first 10 years after the
date of the enactment of any major legislation, the Director of the
Congressional Budget Office shall prepare and make publicly available
an analysis of the results of carrying out the provisions of such major
legislation, which shall include--
``

(1) an estimate of the costs and the amount of any change
in Federal revenues as a result of such legislation;
``

(2) a comparison of such costs or changes in Federal
revenue against previous estimates prepared with respect to
such legislation; and
``

(3) an update to any estimates for the costs or changes
in Federal revenue for such major legislation, as applicable.
``

(b) Report to Congress.--With respect to an analysis prepared
under subsection

(a) for any major legislation, the Director shall
submit to Congress a report that explains the cause of a discrepancy if
there is, with respect to any provision in such legislation, any
discrepancy--
``

(1) between the actual costs provided in such analysis
and such costs as provided in previous estimates for such
legislation that is greater than or equal to a 10 percent
difference; or
``

(2) between the actual changes in Federal revenue
provided in such analysis and such changes as provided in
previous estimates for such legislation that is greater than or
equal to a 10 percent difference.
``
(c) Agency Assistance.--Each department, agency, establishment,
or regulatory agency or commission, shall provide to the Director such
information and assistance as the Director may reasonably request to
assist the Director in carrying out this section.
``
(d) Major Legislation Defined.--In this section, the term `major
legislation' means any bill or joint resolution that would be projected
to result in outlays of mandatory spending or receipts of Federal
revenue equal to or greater than 0.25 percent of the current projected
gross domestic product of the United States for that year.''.

(b) Clerical Amendment.--The table of contents in
section 1 (b) of the Congressional Budget and Impoundment Control Act of 1974 is amended by inserting after the item relating to

(b) of
the Congressional Budget and Impoundment Control Act of 1974 is amended
by inserting after the item relating to
section 406 the following: ``

``
Sec. 407.
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