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Bill Tracker / 119th Congress / H.R. 724

H.R. 724 Β· 119th Congress

CBO Show Your Work Act

Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law

Latest action: Referred to the House Committee on the Budget. β€” 01/24/2025

What This Bill Does

CBO Show Your Work Act

This bill requires the Congressional Budget Office (CBO) to make available to Congress and the public each fiscal model, policy model, and data preparation routine that the CBO uses to estimate the costs and other fiscal, social, or economic effects of legislation.

For each estimate of the costs and other fiscal effects of legislation, the CBO must also disclose, in a manner sufficient to permit replication by individuals not employed by the CBO, the data, programs, models, assumptions, and other details of the computations used to prepare the estimate.

For data that may not be disclosed, the CBO must make available to Congress and the public

a complete list of all data variables for the data;

descriptive statistics for all data variables for the data, to the extent that the descriptive statistics do not violate the rule against disclosure;

a reference to the statute requiring that the data not be disclosed; and

contact information for the individual or entity who has unrestricted access to the data.

Summary as of 01/24/2025, via Congress.gov / Congressional Research Service.

Sponsor
Warren Davidson β†—
R Β· Ohio
Introduced
01/24/2025
Policy Area
Economics and Public Finance
Cosponsors
35
πŸ“‹ Full Bill Text & History on Congress.gov β†—

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