US HB2518 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 26 2013 - 25% progression, died in committee
Action: 2013-06-26 - Referred to House Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 26 2013 - 25% progression, died in committee
Action: 2013-06-26 - Referred to House Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Truth in Spending Act of 2013 - Requires the President's annual budget request to Congress to include the most recent reports of the Director of the Office of Management and Budget (OMB) regarding the difference between the actual costs and the estimated costs of direct spending legislation, including proposed legislative language, if any, in such reports. Requires OMB to submit annually for inclusion in the President's budget request reports (with follow-up reports every five fiscal years) on the total estimated cost and total actual cost of direct spending legislation for the then budget year and four outyears. Requires the President, within seven days after receiving an OMB report, to submit proposed legislative language, if any, set forth in the report to both chambers. Prescribes the procedure for fast track consideration of the legislation in both chambers. Prohibits the budgetary effects of such legislation from being entered on either PAYGO scorecard under the Statutory Pay-As-You-Go Act of 2010.
Title
Truth in Spending Act of 2013
Sponsors
Rep. Adam Kinzinger [R-IL] | Rep. Jim Cooper [D-TN] | Rep. Rodney Davis [R-IL] | Rep. Lynn Jenkins [R-KS] |
Rep. Ron Kind [D-WI] | Rep. Jim Matheson [D-UT] | Rep. Mike McIntyre [D-NC] | Rep. Michael Michaud [D-ME] |
Rep. Aaron Schock [R-IL] |
History
Date | Chamber | Action |
---|---|---|
2013-06-26 | House | Referred to House Rules |
2013-06-26 | House | Referred to House Budget |
2013-06-26 | House | Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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. |
Same As/Similar To
HB2401 (Related) 2013-08-13 - Referred to the Subcommittee on Conservation, Energy, and Forestry.
Subjects
Accounting and auditing
Budget deficits and national debt
Budget process
Economics and public finance
Legislative rules and procedure
Budget deficits and national debt
Budget process
Economics and public finance
Legislative rules and procedure
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/2518/all-info |
Text | https://www.congress.gov/113/bills/hr2518/BILLS-113hr2518ih.pdf |