H.CON.RES.170: 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.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about congress
  • Introduced May 2, 1996
  • Latest Major Action May 2, 1996

Bill 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)...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
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.
Referred to House Budget
Referred to House Ways and Means
May 2, 1996

Introduced in the House by Tom Campbell (R-Calif.)

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