H.R. 1475: To amend the Congressional Budget Act of 1974 to provide for supplemental estimates of certain revenue bills or joint resolutions that incorporates the macroeconomic effects of that measure.

Introduced:
Apr 10, 2013
Status:
Referred to Committee
Prognosis
6% chance of being enacted
Track this bill
Sponsor
Lynn Jenkins
Representative for Kansas's 2nd congressional district
Party
Republican
Text
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Last Updated
Apr 10, 2013
Length
3 pages
 
Status

This bill was assigned to a congressional committee on April 10, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Apr 10, 2013
Referred to Committee Apr 10, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

15% chance of getting past committee.
6% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

 
Summary

No summaries available.

Cosponsors
4 cosponsors (4R) (show)
Committees

House Rules

House Budget

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


4/10/2013--Introduced.
Amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO), whenever it transmits to a congressional committee any revenue estimates provided to it by the Joint Committee on Taxation for any bill or joint resolution to which this Act applies, also to transmit a revenue estimate incorporating the macroeconomic effects of the policy being analyzed.
Requires a written statement to accompany any such macroeconomic impact statement which discloses fully the economic, technical, and behavioral assumptions made in producing the estimate.
Applies this requirement to any bill or joint resolution: (1) that the Joint Committee determines has a revenue impact exceeding $5 billion in the fiscal year in which the measure becomes effective, or in any of the four ensuing fiscal years; or (2) for which the chair or ranking member of either congressional budget committee requests such an estimate.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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