United States · Bill · S
S. 2371 (113th)
Accurate Budgeting Act
Introduced
21 May 2014
Last action
21 May 2014 · Introduced
Status
Read twice and referred to the Committee on the Budget.
Sponsors
Sen. Portman, Rob [R-OH], Sen. Graham, Lindsey [R-SC], Sen. Kirk, Mark Steven [R-IL], Sen. Chambliss, Saxby [R-GA], Sen. Flake, Jeff [R-AZ], Sen. Blunt, Roy [R-MO], Sen. Johanns, Mike [R-NE], Sen. Inhofe, James M. [R-OK], Sen. Crapo, Mike [R-ID], Sen. Rubio, Marco [R-FL], Sen. Barrasso, John [R-WY], Sen. Thune, John [R-SD], Sen. Scott, Tim [R-SC], Sen. Vitter, David [R-LA], Sen. Ayotte, Kelly [R-NH], Sen. Lee, Mike [R-UT], Sen. Burr, Richard [R-NC], Sen. Fischer, Deb [R-NE], Sen. Isakson, Johnny [R-GA]
Subjects
Taxation, Budget
Source updated
12 August 2025
Summary
Accurate Budgeting Act - Amends the Congressional Budget Act of 1974 to require the Joint Committee on Taxation to prepare for each major revenue bill or resolution, reported by specified congressional tax committees or considered on the floor of either chamber, as a supplement to Congressional Budget Office (CBO) cost estimates, a macroeconomic impact analysis of the budgetary effects of the legislation for: (1) the 10-fiscal year period beginning with the first fiscal year for which such estimate was prepared, and (2) each of the next three 10-fiscal year periods. Defines "major revenue bill or resolution" as a bill, resolution, or conference report for which either: the sum of the positive changes in revenues resulting from such measure (not including the impact of any timing shifts for the due date for estimated corporate income tax payments) for any fiscal year in the period for which a CBO cost estimate is prepared, or the absolute value of the sum of the negative changes in revenues resulting from such measure, is greater than 0.25% of the current projected U.S. gross domestic product (GDP) for that fiscal year.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
21 May 2014
Introduced
Read twice and referred to the Committee on the Budget.
Source: IntroReferral
21 May 2014
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 21 May 2014 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 21 May 2014
Introduced in Senate (PDF)
Introduced in Senate · EN · 21 May 2014
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Introduced in Senate
summary · EN · 21 May 2014
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Portman, Rob [R-OH] · R · Sponsor
- Sen. Graham, Lindsey [R-SC] · R · Sponsor
- Sen. Kirk, Mark Steven [R-IL] · R · Sponsor
- Sen. Chambliss, Saxby [R-GA] · R · Sponsor
- Sen. Flake, Jeff [R-AZ] · R · Sponsor
- Sen. Blunt, Roy [R-MO] · R · Sponsor
- Sen. Johanns, Mike [R-NE] · R · Sponsor
- Sen. Inhofe, James M. [R-OK] · R · Sponsor
- Sen. Crapo, Mike [R-ID] · R · Sponsor
- Sen. Rubio, Marco [R-FL] · R · Sponsor
- Sen. Barrasso, John [R-WY] · R · Sponsor
- Sen. Thune, John [R-SD] · R · Sponsor
- Sen. Scott, Tim [R-SC] · R · Sponsor
- Sen. Vitter, David [R-LA] · R · Sponsor
- Sen. Ayotte, Kelly [R-NH] · R · Sponsor
- Sen. Lee, Mike [R-UT] · R · Sponsor
- Sen. Burr, Richard [R-NC] · R · Sponsor
- Sen. Fischer, Deb [R-NE] · R · Sponsor
- Sen. Isakson, Johnny [R-GA] · R · Cosponsor
- · ssbu00 · Standing
Related records
- related to → Pro-Growth Budgeting Act of 2014
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/113th-congress/senate-bill/2371
- Open data entity: https://api.congress.gov/v3/bill/113/s/2371
- us · 113-s-2371 · source updated 12 August 2025