United States · Resolution · HCONRES
H.Con.Res. 170 (104th)
Providing a sense of Congress that the Congressional Budget Office and the Joint Committee on Taxation should use dynamic economic modeling in addition to static economic modeling in the preparation of budgetary estimates of proposed changes in Federal revenue law.
Introduced
2 May 1996
Last action
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Status
Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, 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.
Sponsors
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Subjects
Discovery layer
Source updated
7 April 2025
Summary
Declares that, in addition to other estimates, the Joint Committee on Taxation and the Congressional Budget Office should: (1) prepare a fiscal estimate of each proposed change in Federal law (having an impact over $1 million in any year) on the basis of assumptions that estimate the probable behavioral responses of personal and business taxpayers and other entities and the dynamic macro-economic feedback effects of the change; and (2) identify those assumptions.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 2 May 1996
Introduced in House (PDF)
Introduced in House · EN · 2 May 1996
Introduced in House
summary · EN · 2 May 1996
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Sources
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- Official source: https://www.congress.gov/bill/104th-congress/house-concurrent-resolution/170
- Open data entity: https://api.congress.gov/v3/bill/104/hconres/170