Bill113th Congress

S. 184

Pro-Growth Budgeting Act of 2013

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Introduced
Jan 30, 2013
Origin Chamber
Senate
Policy Area
Economics and Public Finance
Latest Action
Jan 30, 2013

Sponsor

Sen. Ayotte, Kelly [R-NH]

Republican·NH
Bioguide ID: A000368
First Name: Kelly
Last Name: Ayotte
By Request: N
2
Cosponsors
1
Committees
2
Actions
0
Amendments
1
Related Bills
6
Subjects
1
Summaries
3
Titles
1
Text Versions

Bill Details

Update Date
Nov 15, 2022
Origin Chamber
Senate
Bill Type
S
Bill Number
184
Congress
113
Introduced Date
Jan 30, 2013
Policy Area
Economics and Public Finance
Is Law
No
Jan 30, 2013IntroReferral

Read twice and referred to the Committee on the Budget.

Source: Senate

Jan 30, 2013IntroReferral10000

Introduced in Senate

Source: Library of Congress

Introduced in Senate· Jan 30, 20130

Pro-Growth Budgeting Act of 2013 - Amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) to prepare for each major bill or resolution reported by any congressional committee (except the congressional appropriations committees), as a supplement to CBO cost estimates, a macroeconomic impact analysis of the costs of such legislation for: (1) the period for which the cost estimate is prepared, and (2) the 10-fiscal year period beginning with the first fiscal year after the last fiscal year for which such estimate was prepared and each of the next two 10-fiscal year periods.

Defines "major bill or resolution" as any bill or resolution whose budgetary effects, for any fiscal year in the period for which a CBO cost estimate is prepared, is estimated to be greater than .25% of the current projected U.S. gross domestic product (GDP) for that fiscal year.

Requires the analysis to describe: (1) the potential economic impact of the bill or resolution on major economic variables, including real GDP, business investment, the capital stock, employment, and labor supply; and (2) the potential fiscal effects of the measure, including any estimates of revenue increases or decreases resulting from changes in GDP.

Budget Committee

Senate· Standing
Budget processCongressional oversightEconomic performance and conditionsEconomic theoryGovernment studies and investigationsLegislative rules and procedure

Introduced in Senate

Jan 30, 2013

Pro-Growth Budgeting Act of 2013 — Informed