HR 2666

CBO Scoring Accountability Act

Summary

CBO Scoring Accountability Act This bill requires the Congressional Budget Office (CBO) to provide additional cost estimates and reports regarding major legislation that has been enacted into law. Under the bill, major legislation is any bill or joint resolution that would be projected to result in outlays of mandatory spending or receipts of federal revenue equal to or greater than 0.25% of the current projected gross domestic product of the United States for that year. For the first 10 years after major legislation has been enacted into law, the bill requires CBO to annually prepare and make publicly available an analysis of the results of carrying out the provisions of the legislation. The analysis must include an estimate of the costs and the change in federal revenue as a result of the legislation, a comparison of the current and previous estimates of the costs and change in revenue, and any applicable updates to the estimates. The bill also requires CBO to submit reports to Congress that explain any discrepancy between the actual and estimated costs and change in revenue that is greater than or equal to 10%. 

Bill status

Status
In committee
Sponsor
Rep. Andy Barr [R-KY-6]
Cosponsors
22
Policy area
Economics and Public Finance
Introduced
2025-04-07
Latest action
2025-04-07: Referred to the House Committee on the Budget.

Committee referrals

Recent actions

  • 2025-04-07: Referred to the House Committee on the Budget.
  • 2025-04-07: Introduced in House
  • 2025-04-07: Introduced in House