Amendment lowers from $100 million to $50 million the threshold at which CBO is required to prepare a cost estimate for legislation imposing a Federal mandate on the private sector.

Ask AI
Amendment Number
57
Description
Amendment lowers from $100 million to $50 million the threshold at which CBO is required to prepare a cost estimate for legislation imposing a Federal mandate on the private sector.
Purpose
An amendment to change the threshold at which CBO would be required to prepare a cost estimate for legislation imposing a federal mandate on the private sector. The amendment would lower this threshold from $100 million to $50 million in direct costs, the same dollar amount that currently applies to proposed mandates on state and local governments. (Text of the amendment was printed as amendment No. 165 in the Congressional Record of January 23, 1995.).
Congress
104
Type
HAMDT
Latest Action Date
Jan 31, 1995
Latest Action Text
On agreeing to the Peterson (MN) amendment (A046) Agreed to by voice vote.
Latest Action Time
16:04:20
Submitted Date
Jan 31, 1995
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 57 — Informed