Truth in Spending Act of 2012

Summary

Truth in Spending Act of 2012 - 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 September 2012

   Introduced

   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.

   Source: IntroReferral

2. 21 September 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 September 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 September 2012 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 September 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 September 2012

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 21 September 2012

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Kinzinger, Adam [R-IL-16] · R · Sponsor
• Rep. Quigley, Mike [D-IL-5] · D · Sponsor
• Rep. Walsh, Joe [R-IL-8] · R · Sponsor
• Rep. Johnson, Timothy V. [R-IL-15] · R · Sponsor
• Rep. Cooper, Jim [D-TN-5] · D · Sponsor
• Rep. Altmire, Jason [D-PA-4] · D · Sponsor
• Rep. Boswell, Leonard L. [D-IA-3] · D · Sponsor
• Rep. Michaud, Michael H. [D-ME-2] · D · Sponsor
• Rep. Matheson, Jim [D-UT-2] · D · Sponsor
• Sen. Gardner, Cory [R-CO] · R · Sponsor
• Rep. Schilling, Robert T. [R-IL-17] · R · Sponsor
• Rep. Schock, Aaron [R-IL-18] · R · Sponsor
• · hsru00 · Standing
• · hsbu00 · Standing

Related records

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