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S. 749

BillFederalSenateIn Committee
Honest Scoring Act of 2015
About This Bill
Committee
Latest Action · March 17, 2015
Read twice and referred to the Committee on the Budget.
Congress
114th (2015–2017)
Introduced
March 17, 2015
Cosponsors (0)
None
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Summary

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The Honest Scoring Act of 2015 This bill requires the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to provide estimates of the macroeconomic effects of major legislation. These estimates are frequently referred to as dynamic scoring and include estimates of the budgetary effects from changes in economic output, employment, capital stock, interest rates, and other macroeconomic variables resulting from the legislation. The CBO and the JCT must provide the estimates for legislation that has a budgetary effect exceeding $15 billion in any fiscal year before incorporating macroeconomic effects, or is designated as major legislation by either the Chairman of the House Budget Committee or the Chairman of the Senate Budget Committee. The CBO and the JCT must also continue to provide estimates of budgetary effects without macroeconomic effects.

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