To amend the Congressional Budget Act of 1974 and the Rules of the House of Representatives to extend cost estimates contained in committee reports accompanying legislation from 5 years to 10 years.

Summary

Amends the Congressional Budget Act of 1974 to extend from four to nine the number of ensuing fiscal years for which the Congressional Budget Office must project the effects that a reported measure providing new budget authority, new spending authority, or new credit authority, or providing an increase or decrease in revenues or tax expenditures will have on the levels of such budget authority, budget outlays, spending authority, revenues, tax expenditures, direct loan obligations, or primary loan guarantee commitments under existing law. Amends the Rules of the House of Representatives to require that the report accompanying each public bill or joint resolution contain an estimate of the costs which would be incurred in carrying out such legislation in the fiscal year in which it is reported and in each of the succeeding ten fiscal years (currently five fiscal years).

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Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 2 May 1989

  Open at official source

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