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- H.R.119
H.R.119: Budget and Accounting Transparency Act of 2015
About This Bill
- Introduced Jan. 6, 2015
- Latest Major Action Jan. 6, 2015
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Jan. 6, 2015
Bill Summary
Budget and Accounting Transparency Act of 2015 This bill amends the Congressional Budget Act of 1974 to revise the budgetary treatment of federal loans and loan guarantees to account for them on a fair value basis. Under a fair value approach, costs are measured using market rates rather than the lower Treasury interest rates currently used. Estimates for loan guarantees and direct loans in the President's budget are required to include a...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Jan. 6, 2015 |
Referred to House Oversight and Government Reform
|
Jan. 6, 2015 |
Referred to House Budget
|
Jan. 6, 2015 |
Introduced in the House by Scott Garrett (R-N.J.) |