Honest Scoring Act of 2015

Summary

The Honest Scoring Act of 2015 This bill requires the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to provide estimates of the macroeconomic effects of major legislation. These estimates are frequently referred to as dynamic scoring and include estimates of the budgetary effects from changes in economic output, employment, capital stock, interest rates, and other macroeconomic variables resulting from the legislation. The CBO and the JCT must provide the estimates for legislation that has a budgetary effect exceeding $15 billion in any fiscal year before incorporating macroeconomic effects, or is designated as major legislation by either the Chairman of the House Budget Committee or the Chairman of the Senate Budget Committee. The CBO and the JCT must also continue to provide estimates of budgetary effects without macroeconomic effects.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

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

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 17 March 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 17 March 2015

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 17 March 2015

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.