Truth in Spending Act

Summary

Truth in Spending Act - Requires that any bill or resolution of a public character introduced in the House of Representatives or the Senate, and the report on any such bill or resolution reported by any committee of either House, shall contain an estimate of the average cost for each taxpaying family, if such bill were enacted into law. Provides that no bill or resolution shall be considered until such determination is made. Calls upon the Director of the Congressional Budget Office to print statistics of the average cost for each taxpaying family of bills and resolutions for the week and for the year in the Congressional Record.

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

Timeline

1. 10 March 1975

   Introduced

   Referred to Senate Committee on Government Operations.

   Source: IntroReferral

2. 10 March 1975

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 10 March 1975

  Open at official source

Sponsors

• Sen. Beall, J. Glenn, Jr. [R-MD] · R · Sponsor
• Sen. Scott, Hugh [R-PA] · R · Cosponsor
• · ssga00 · Standing

Related records

• related to → Truth in Spending Act