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CBO Scoring Accountability Act

Bill Number
H.R. 2666
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Economics and Public Finance
Status
Introduced
Latest Action
2025-04-07: Referred to the House Committee on the Budget.
Last Updated
2025-06-30T13:41:54Z

AI-Generated Summary

Purpose of the Legislation

The "CBO Scoring Accountability Act" (H.R. 2666) aims to improve transparency and accountability in how the federal government tracks the long-term fiscal effects of major new laws. It requires the Congressional Budget Office (CBO), a nonpartisan agency that analyzes proposed legislation's costs and revenues, to regularly review and update its estimates for significant laws after they are passed.

Key Provisions

Significant Changes to Existing Law

This bill amends the Congressional Budget and Impoundment Control Act of 1974 by adding a new Section 407, titled "Supplemental estimates of major legislation." Previously, the CBO provided cost estimates mainly before laws were passed, but there was no formal requirement for ongoing, post-enactment reviews or public comparisons over a 10-year period. It also updates the act's table of contents to include the new section. These changes introduce mandatory, multi-year tracking to assess how well initial projections hold up.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Barr, Andy [R-KY-6]

Cosponsors (22)

Rep. Wagner, Ann [R-MO-2], Rep. Nehls, Troy E. [R-TX-22], Rep. Evans, Gabe [R-CO-8], Rep. Latta, Robert E. [R-OH-5], Rep. Edwards, Chuck [R-NC-11], Rep. Tenney, Claudia [R-NY-24], Rep. Rose, John W. [R-TN-6], Rep. McGuire, John [R-VA-5], Rep. Rutherford, John H. [R-FL-5], Rep. Miller, Mary E. [R-IL-15], Rep. Mills, Cory [R-FL-7], Rep. Hurd, Jeff [R-CO-3], Rep. Van Orden, Derrick [R-WI-3], Rep. Westerman, Bruce [R-AR-4], Rep. McCormick, Richard [R-GA-7], Rep. Issa, Darrell [R-CA-48], Rep. Ogles, Andrew [R-TN-5], Rep. Collins, Mike [R-GA-10], Rep. Cline, Ben [R-VA-6], Rep. Knott, Brad [R-NC-13], Rep. Finstad, Brad [R-MN-1], Rep. Schmidt, Derek [R-KS-2]

Recent Actions

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